Axis Direct vs Way2Wealth – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Axis Direct vs Way2Wealth. Axis Direct is the only banking broker known to offer great deals to its clients like happy hour trading, free demat account & more while Way2Wealth is a non-banking broker famous for low brokerage charges and Demat services. This comparison between Axis Direct & Way2Wealth will give you the understanding to opt for better Demat and trading account.

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 Way2Wealth

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 & Way2Wealth  comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare Way2Wealth& Axis Direct

Overview of Axis Direct & Way2Wealth

Overview Axis Direct Way2Wealth
Company Type Private Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India Bangalore, Karnataka
Founder Arun Thukral V.G. Siddhartha
Established Year 2011 1984

Axis Direct vs Way2Wealth Customer Ratings Comparison

Customer Ratings Axis Direct Way2Wealth
Experience 6.2/10 4.4/10
Products & Services 6.5/10 5.3/10
Brokerage Charges & Fees 6.2/10 6.4/10
Stock Research & Advisory 6.3/10 5.2/10
Trading Platforms 6.3/10 5.2/10
Overall Ratings 6.3/10 5.3/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 879 119

Axis Direct vs Way2Wealth Demat Account Comparison

Demat Services Axis Direct Way2Wealth
Depository Source CDSL & NSDL CDSL & NSDL
Account Opening Charges Rs.999 Zero
Demat AMC Charges Rs.650 per annum Rs.200
Trading AMC Charges Free Free
Margin Money Rs.25,000 Zero Margin
Offline to Online S R

Way2Wealth vs Axis Direct Brokerage Charges Comparison

Brokerage Charge & Fees Axis Direct Way2Wealth
Equity Delivery Trading 0.20% – 0.60% 0.1% – 0.4%
Equity Intraday Trading 0.03% – 0.05% 0.01% – 0.04%
Commodity Options Trading NA 0.01% – 0.04%
Equity Futures Trading 0.03% – 0.05% 0.01% – 0.04%
Equity Options Trading Rs.10 per lot Rs.20 – Rs.70 per Lot
Currency Futures Trading 0.03% – 0.05% 0.01% – 0.04%
Currency Options Trading Rs.10 per lot Rs.10 – Rs.40 per Lot
Minimum Brokerage Percentage of Transaction Customizable
Demat AMC Charges Rs.650 per Annum Rs 242 per Annum
Trading AMC Charges Free Free
Margin Money Rs.25,000 Minimum 10,000
Brokerage Calculator Axis Direct Brokerage Calculator Way2Wealth Brokers Brokerage Calculator

Way2Wealth & Axis Direct Other Charges Comparison

Other Charges Axis Direct Way2Wealth
Transaction Charges 0.00325% of Total Turnover 0.00325% of Total Turnover
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 Way2Wealth & Axis Direct Offers

Offers Axis Direct Way2Wealth
Free Demat Account S R
Free Trading Account S R
Discount on Brokerage S R
Trading Happy Hours S S
Flexible Brokerage Plans R R
1 Month Brokerage Free S S
Holiday Offers S R
Referral Offers S R
Zero Brokerage for Loss Making Trades S S

Compare Services of Axis Direct vs Way2Wealth

Services Axis Direct Way2Wealth
Demat Services R R
Trading Services R R
3 in 1 Account R S
Intraday Services R R
IPO Services R R
Stock Recommendations R R
Robo Advisory S R
Trading Institution S S
Trading Exposure Upto 15x Upto 6x

Compare Way2Wealth & Axis Direct Research & Advisory

Research & Advisory Axis Direct Way2Wealth
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 Way2Wealth Exposure/Leverage

Exposure / Leverage Axis Direct Way2Wealth
Equity Delivery Upto 10x Upto 2X
Equity Intraday Upto 15x Upto 6X
Equity Futures Upto 12x Upto 2X
Equity Options Upto 12x Upto 4X
Currency Futures Upto 7x Upto 2X
Currency Options Upto 8x Upto 2X
Commodities NA Upto 2X
Margin Calculator Axis Direct Margin Calculator Way2Wealth Margin Calculator

Axis Direct vs Way2Wealth Product Comparison

Products Axis Direct Way2Wealth
Equity Trading R R
Commodity Trading S R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex R R
Banking R S
Insurance R R

Axis Direct vs Way2Wealth Trading Platform Comparison

Trading Platforms Axis Direct Way2Wealth
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform R S
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 R
Interactive Charts R R
Live Markets R R
SMS Alerts R R
Email Alerts R R
Multi Account Management R R

Axis Direct vs Way2Wealth Customer Support

Customer Support Axis Direct Way2Wealth
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 186 180

Axis Direct vs Way2Wealth Customer Complaints

Complaints (Current Year) Axis Direct Way2Wealth
Lodged in BSE 129 128
Resolved in BSE 115 128
Lodged in NSE 189 196
Resolved in NSE 165 196

Compare Axis Direct with other Brokers & Way2Wealth with other Brokers

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