Axis Direct vs JM Financial – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Axis Direct vs JM Financial. Axis Direct is the only banking broker known to offer great deals to its clients like happy hour trading, free demat account & more; while JM Financial is more focused on on different types of of financial investments rather than trading.

So if you are looking for opening Demat account just for daily trading into various segments then JM Financial would not be a good option. This comparison between Axis Direct & JM Financial will give you an idea to finally select the best company that suits your need.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for all the stock broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.      Axis Direct vs JM Financial

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Stock Brokers

This Axis Direct & JM Financial  comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare JM FinancialAxis Direct

Overview of Axis Direct & JM Financial

OverviewAxis DirectJM Financial
Company TypePrivatePublic
Broker TypeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaMumbai, Maharashtra
FounderArun ThukralNimesh Kampani
Established Year20111986

Axis Direct vs JM Financial Customer Ratings Comparison

Customer RatingsAxis DirectJM Financial
Products & Services6.5/106.4/10
Brokerage Charges & Fees6.2/106.2/10
Stock Research & Advisory6.3/106.6/10
Trading Platforms6.3/105.8/10
Overall Ratings6.3/106.4/10
Star Ratings★★★☆☆★★★☆☆
Total Client Reviews879329

Axis Direct vs JM Financial Demat Account Comparison

Demat ServicesAxis DirectJM Financial
Depository SourceCDSL & NSDLCDSL
Account Opening ChargesRs.999Rs.799
Demat AMC ChargesRs.650 per annumRs.299
Trading AMC ChargesFreeFree
Margin MoneyRs.25,000Rs.15,000 Minimum
Offline to OnlineSR

JM Financial vs Axis Direct Brokerage Charges Comparison

Brokerage Charge & FeesAxis DirectJM Financial
Equity Delivery Trading0.20% – 0.60%0.5% – 0.15%
Equity Intraday Trading0.03% – 0.05%0.05% -0.015%
Commodity Options TradingNANA
Equity Futures Trading0.03% – 0.05%0.05% -0.015%
Equity Options TradingRs.10 per lotRs.75 – Rs.20 per Lot
Currency Futures Trading0.03% – 0.05%0.05% -0.015%
Currency Options TradingRs.10 per lotRs.75 – Rs.20 per Lot
Minimum BrokeragePercentage of TransactionPercentage of Transaction
Demat AMC ChargesRs.650 per AnnumRs.299
Trading AMC ChargesFreeFree
Margin MoneyRs.25,000Rs.15,000 Minimum
Brokerage CalculatorAxis Direct Brokerage CalculatorJM Financial Brokerage Calculator

JM Financial & Axis Direct Other Charges Comparison

Other ChargesAxis DirectJM Financial
Transaction Charges0.00325% of Total Turnover0.00325% of Total Turnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Compare JM Financial & Axis Direct Offers

OffersAxis DirectJM Financial
Free Demat AccountSR
Free Trading AccountSR
Discount on BrokerageSR
Trading Happy HoursSS
Flexible Brokerage PlansRR
1 Month Brokerage FreeSS
Holiday OffersSS
Referral OffersSS
Zero Brokerage for Loss Making TradesSS

Compare Services of Axis Direct vs JM Financial

ServicesAxis DirectJM Financial
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountRS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRR
Robo AdvisorySS
Trading InstitutionSS
Trading ExposureUpto 15xUpto 7x

Compare JM Financial & Axis Direct Research & Advisory

Research & AdvisoryAxis DirectJM Financial
Fundamental ReportsRR
Research ReportsRR
Company ReportsRR
Annual ReportsRR
Company Stock ReviewRR
Free Stock TipsSR
IPO ReportsRR
Top PicksRR
Daily Market ReviewSR
Monthly ReportsRR
Weekly ReportsRR
Offline AdvisoryRR
Relationship ManagerRR

Axis Direct vs JM Financial Exposure/Leverage

Exposure / LeverageAxis DirectJM Financial
Equity DeliveryUpto 10xUpto 1x
Equity IntradayUpto 15xUpto 7x
Equity FuturesUpto 12xUpto 2x
Equity OptionsUpto 12xUpto 4x
Currency FuturesUpto 7xUpto 3x
Currency OptionsUpto 8xUpto 3x
CommoditiesNAUpto 2x
Margin CalculatorAxis Direct Margin CalculatorJM Financial Margin Calculator

Axis Direct vs JM Financial Product Comparison

ProductsAxis DirectJM Financial
Equity TradingRR
Commodity TradingSR
Currency TradingRR
Mutual FundsRR

Axis Direct vs JM Financial Trading Platform Comparison

Trading PlatformsAxis DirectJM Financial
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRS
Mobile Site PlatformRR
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRR
Easy InstallationRR
Global IndicesRR
Stock TipsRR
Personalized AdvisoryRS
Interactive ChartsRR
Live MarketsRR
SMS AlertsRS
Email AlertsRS
Multi Account ManagementRS

Axis Direct vs JM Financial Customer Support

Customer SupportAxis DirectJM Financial
Dedicated DealerRR
Offline TradingRR
Online TradingRR
24*7 SupportRS
Email SupportRR
Chat SupportSS
Toll Free Number1800 210 0808S

Axis Direct vs JM Financial Customer Complaints

Complaints (Current Year)Axis DirectJM Financial
Lodged in BSE1295
Resolved in BSE1155
Lodged in NSE1897
Resolved in NSE1657

Compare Axis Direct with other Brokers & JM Financial with other Brokers

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