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

Here is a detailed comparison of IIFL vs Axis Direct. This comparison includes all metrics required to give a detailed idea about both the stock brokers. In this comparison we will cover the similarities between IIFL vs Axis Direct along with differences.

IIFL vs Axis Direct

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

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This IIFL vs Axis Direct comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare IIFL vs Axis Direct:

Overview of IIFL & Axis Direct

Overview IIFL Axis Direct
Company Type Public Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India Mumbai, India
Founder Nirmal Jain Arun Thukral
Established Year 1995 2011

India Infoline vs Axis Direct Customer Ratings Comparison

Customer Ratings IIFL Axis Direct
Experience 8.0/10 6.2/10
Products & Services 8.0/10 6.5/10
Brokerage Charges & Fees 6.3/10 6.2/10
Stock Research & Advisory 6.5/10 6.3/10
Trading Platforms 7.0/10 6.3/10
Overall Ratings 7.1/10 6.3/10
Star Ratings ★★★★☆ ★★★☆☆
Total Client Reviews 293 879

IIFL vs Axis Direct Demat Account Comparison

Demat Services IIFL Axis Direct
Depository Source NSDL & CDSL CDSL & NSDL
Account Opening Charges Rs.1300 Rs.999
Demat AMC Charges Free or Rs.300 per Annum Rs.650 per annum
Trading AMC Charges Free Free
Margin Money Minimum Rs.25,000 Rs.25,000
Offline to Online Yes No

Axis Direct vs IIFL Brokerage Charges Comparison

Brokerage Charge & Fees IIFL Axis Direct
Equity Delivery Trading 0.50% 0.20% – 0.60%
Equity Intraday Trading 0.05% 0.03% – 0.05%
Commodity Options Trading 0.05% NA
Equity Futures Trading 0.05% 0.03% – 0.05%
Equity Options Trading Rs.100 per Lot or 1% of Premium (Takes higher Amount) Rs.10 per lot
Currency Futures Trading 0.05% 0.03% – 0.05%
Currency Options Trading Rs.100 per Lot or 1% of Premium (Takes higher Amount) Rs.10 per lot
Minimum Brokerage Rs.0.05 per Share Percentage of Transacton
Demat AMC Charges Free or Rs.300 per Annum Rs.650 per Annum
Trading AMC Charges Free Free
Margin Money Minimum Rs.25,000 Rs.25,000
Brokerage Calculator IIFL Brokerage Calculator Axis Direct Brokerage Calculator

Axis Direct & India Infoline Other Charges Comparison

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

Offers IIFL Axis Direct
Free Demat Account R 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 R S
Zero Brokerage for Loss Making Trades S S

Compare Services of IIFL vs Axis Direct

Services IIFL Axis Direct
Demat Services R R
Trading Services R R
3 in 1 Acount S R
Intraday Services R R
IPO Services R R
Stock Recommendations R R
Robo Advisory S S
Trading Institution S S
Trading Exposure Upto 10x Upto 15x

Compare Axis Direct & IIFL Research & Advisory

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

IIFL vs Axis Direct Exposure/Leverage

Exposure / Leverage IIFL Axis Direct
Equity Delivery Upto 5x Upto 10x
Equity Intraday Upto 10x Upto 15x
Equity Futures Upto 7x Upto 12x
Equity Options Upto 5x Upto 12x
Currency Futures Upto 8x Upto 7x
Currency Options Upto 5x Upto 8x
Commodities Upto 8x NA

IIFL vs Axis Direct Product Comparison

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

IIFL vs Axis Direct Trading Platform Comparison

Trading Platforms IIFL Axis Direct
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 R
Interactive Charts R R
Live Markets R R
SMS Alerts R R
Email Alerts R R
Multi Account Management R R

IIFL vs Axis Direct Customer Support

Customer Support IIFL Axis Direct
Dedicated Dealer R R
Offline Trading S R
Online Trading R R
24*7 Support S R
Support Number 1800 3000 1155 1800 210 0808
Email Support R R
Chat Support R S
Toll Free Number 1800 3000 1155 1800 210 0808
Branches 120 186

IIFL vs Axis Direct Customer Complaints

Complaints (Current Year) IIFL Axis Direct
Lodged in BSE 145 129
Resolved in BSE 122 115
Lodged in NSE 214 189
Resolved in NSE 212 165

Compare IIFL with other Brokers & Compare Axis Direct with other Brokers:

Axis Direct vs 5paisa IIFL vs 5Paisa
Axis Direct vs SBI Cap Securities IIFL vs Upstox
Axis Direct vs Reliance Securities IIFL vs Karvy
Axis Direct vs Bonanza Portfolio IIFL vs Kotak Securities
Axis Direct vs Edelweiss IIFL vs SBI Cap Securities
Axis Direct vs Kotak Securities IIFL vs Anand Rathi
Axis Direct vs Zerodha IIFL vs Religare Securities
Axis Direct vs Upstox IIFL vs Reliance Securities
Axis Direct vs Anand Rathi IIFL vs Ventura Securities
Axis Direct vs Ventura Securities IIFL vs SAMCO

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