Axis Direct vs NJ Wealth – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Axis Direct vs NJ Wealth. Axis Direct is the only banking broker known to offer great deals to its clients like happy hour trading, free demat account & more; while NJ Wealth is on the other hand a non-banking broker. It is well known for asset management. This comparison between Axis Direct & NJ Wealth is a neck to neck affair.

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 NJ Wealth

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 & NJ Wealth comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare NJ Wealth & Axis Direct

Overview of Axis Direct & NJ Wealth

Overview Axis Direct NJ Wealth
Company Type Private Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India Surat, Gujarat
Founder Arun Thukral Niraj Ravindra Choksi
Established Year 2011 2000

Axis Direct vs NJ Wealth Customer Ratings Comparison

Customer Ratings Axis Direct NJ Wealth
Experience 6.2/10 5.8/10
Products & Services 6.5/10 5.8/10
Brokerage Charges & Fees 6.2/10 5.6/10
Stock Research & Advisory 6.3/10 5.4/10
Trading Platforms 6.3/10 5.8/10
Overall Ratings 6.3/10 5.6/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 879 219

Axis Direct vs NJ Wealth Demat Account Comparison

Demat Services Axis Direct NJ Wealth
Depository Source CDSL & NSDL CDSL & NSDL
Account Opening Charges Rs.999 Rs.300
Demat AMC Charges Rs.650 per annum Free
Trading AMC Charges Free Rs.250 per Annum
Margin Money Rs.25,000 Minimum Rs.3,000
Offline to Online S R

NJ Wealth vs Axis Direct Brokerage Charges Comparison

Brokerage Charge & Fees Axis Direct NJ Wealth
Equity Delivery Trading 0.20% – 0.60% 0.1% – 0.2%
Equity Intraday Trading 0.03% – 0.05% 0.01% – 0.02%
Commodity Options Trading NA 0.01% – 0.02%
Equity Futures Trading 0.03% – 0.05% 0.01% – 0.02%
Equity Options Trading Rs.10 per lot Rs.10 – Rs.20 per Lot
Currency Futures Trading 0.03% – 0.05% 0.01% – 0.02%
Currency Options Trading Rs.10 per lot Rs.10 – Rs.20 per Lot
Minimum Brokerage Percentage of Transaction Percentage of Transaction
Demat AMC Charges Rs.650 per Annum Free
Trading AMC Charges Free Rs.250 per Annum
Margin Money Rs.25,000 Minimum Rs.3,000
Brokerage Calculator Axis Direct Brokerage Calculator Nj India Brokerage Calculator

NJ Wealth & Axis Direct Other Charges Comparison

Other Charges Axis Direct NJ Wealth
Transaction Charges 0.00325% of Total Turnover 0.0000325
STT 0.0126% of Total Turnover 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare NJ Wealth & Axis Direct Offers

Offers Axis Direct NJ Wealth
Free Demat Account S S
Free Trading Account S S
Discount on Brokerage S S
Trading Happy Hours S S
Flexible Brokerage Plans R R
1 Month Brokerage Free S S
Holiday Offers S S
Referral Offers S S
Zero Brokerage for Loss Making Trades S S

Compare Services of Axis Direct vs NJ Wealth

Services Axis Direct NJ Wealth
Demat Services R R
Trading Services R R
3 in 1 Account R S
Intraday Services R R
IPO Services R S
Stock Recommendations R R
Robo Advisory S S
PMS R R
Trading Institution S S
Trading Exposure Upto 15x Upto 7X

Compare NJ Wealth & Axis Direct Research & Advisory

Research & Advisory Axis Direct NJ Wealth
Fundamental Reports R R
Research Reports R R
Company Reports R R
Annual Reports R R
Company Stock Review R R
Free Stock Tips S R
IPO Reports R R
Top Picks R R
Daily Market Review S R
Monthly Reports R R
Weekly Reports R R
Offline Advisory R R
Relationship Manager R R

Axis Direct vs NJ Wealth Exposure/Leverage

Exposure / Leverage Axis Direct NJ Wealth
Equity Delivery Upto 10x Upto 2X
Equity Intraday Upto 15x Upto 7X
Equity Futures Upto 12x Upto 4X
Equity Options Upto 12x Upto 5X
Currency Futures Upto 7x Upto 1X
Currency Options Upto 8x Upto 3X
Commodities NA Upto 3X
Margin Calculator Axis Direct Margin Calculator Nj Wealth Margin Calculator

Axis Direct vs NJ Wealth Product Comparison

Products Axis Direct NJ Wealth
Equity Trading R R
Commodity Trading S R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex R S
Banking R S
SIP R R
Insurance R S

Axis Direct vs NJ Wealth Trading Platform Comparison

Trading Platforms Axis Direct NJ Wealth
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform R R
Android App Platform R R
iOS App Platform R R
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R R
News Flash R R
Research Reports R R
Easy Installation R R
Global Indices R R
Stock Tips R R
Personalized Advisory R S
Interactive Charts R R
Live Markets R R
SMS Alerts R R
Email Alerts R R
Multi Account Management R S

Axis Direct vs NJ Wealth Customer Support

Customer Support Axis Direct NJ Wealth
Dedicated Dealer R R
Offline Trading R R
Online Trading R R
24*7 Support R S
Email Support R R
Chat Support S S
Toll Free Number 1800 210 0808 S
Branches 186 283

Axis Direct vs NJ Wealth Customer Complaints

Complaints (Current Year) Axis Direct NJ Wealth
Lodged in BSE 129 0
Resolved in BSE 115 0
Lodged in NSE 189 7
Resolved in NSE 165 7

Compare Axis Direct with other Brokers & NJ Wealth with other Brokers


Open Demat Account with your Favorite Broker

Fill Your Details Here
  1. Open Demat AccountBecome Sub Broker

Featured Topics:

Top 10 Discount Brokers
Authorised Person
Top 10 Full Service Brokers in India
Best Demat Account in India
Stock Broker Comparison
Top 10 Intraday Trading Brokers
Stock Market Franchise
Top 10 Broking Franchise
Income Tax Calculator

Leave a Reply

Your email address will not be published. Required fields are marked *

Get 90% Discount on Brokerage Now! Open Demat Account