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.
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 |
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| Overview | IIFL | Axis Direct |
| Company Type | Public | Private |
| Broker Type | Full Service Broker | Full Service Broker |
| Headquarters | Thane | Mumbai, India |
| Founder | Nirmal Jain, R. Venkataraman | Arun Thukral |
| Established Year | 1995 | 2011 |
IIFL vs Axis Direct Customer Ratings Comparison |
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| Customer Ratings | IIFL | Axis Direct |
| Experience | 8.8 / 10 | 6.2/10 |
| Products & Services | 9.0 / 10 | 6.5/10 |
| Brokerage Charges & Fees | 8.8 / 10 | 6.2/10 |
| Stock Research & Advisory | 8.2 / 10 | 6.3/10 |
| Trading Platforms | 8.9 / 10 | 6.3/10 |
| Overall Ratings | 8.74 / 10 | 6.3/10 |
| Star Ratings | ★★★★★ | ★★★★☆ |
| Total Client Reviews | 7218 | 879 |
IIFL vs Axis Direct Demat Account Comparison |
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| Demat Services | IIFL | Axis Direct |
| Depository Source | NSDL & CDSL | CDSL & NSDL |
| Account Opening Charges | Rs 295 | Rs 900 |
| Demat AMC Charges | Rs 0 (Free for 1st year) | Rs.650 per annum |
| Trading AMC Charges | Free | Free |
| Margin Money | 75% Margin | 75% Margin |
| Offline to Online | R | S |
Axis Direct vs IIFL Brokerage Charges Comparison |
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| Brokerage Charge & Fees | IIFL | Axis Direct |
| Equity Delivery Trading | Rs 0 (Free) | 0.50% |
| Equity Intraday Trading | Rs 20 per order | 0.05% |
| Commodity Options Trading | Rs 20 per order | 0.03% / Rs 50 per lot |
| Equity Futures Trading | Rs 20 per order | 0.05% |
| Equity Options Trading | Rs 20 per order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
| Currency Futures Trading | Rs 20 per order | 0.05% |
| Currency Options Trading | Rs 20 per order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
| Minimum Brokerage | Rs.0.05 per Share | Percentage of Transaction |
| Demat AMC Charges | Rs 0 (Free for 1st year) | Rs.650 per Annum |
| Trading AMC Charges | Free | Free |
| Margin Money | 75% Margin | 75% Margin |
| Brokerage Calculator | IIFL Brokerage Calculator | Axis Direct Brokerage Calculator |
Axis Direct & IIFL Other Charges Comparison |
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| Other Charges | IIFL | Axis Direct |
| Transaction Charges | 0.00325% of Total Turnover | 0.00325% of Total Turnover |
| STT | Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side |
Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side |
| SEBI Turnover Charges | 0.00005% (Rs. 5/Crore) | 0.00005% (Rs. 5/Crore) |
| Stamp Duty | (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) | (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
| GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Compare Axis Direct & IIFL Offers |
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| Offers | IIFL | Axis Direct |
| Free Demat Account | S | S |
| Free Trading Account | R | 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 |
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| Services | IIFL | Axis Direct |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Account | S | R |
| Intraday Services | R | R |
| IPO Services | R | R |
| Stock Recommendations | R | R |
| Robo Advisory | S | S |
| PMS | R | R |
| Trading Institution | S | S |
| Trading Exposure | Upto 5x | Upto 5x |
Compare Axis Direct & IIFL Research & Advisory |
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| 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 |
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| Exposure / Leverage | IIFL | Axis Direct |
| Equity Delivery | 1x | 1x |
| Equity Intraday | Upto 5x | 5x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
| Currency Futures | 1x | 1x |
| Currency Options | 1x | 1x |
| Commodities | 1x | 1x |
| Margin Calculator | IIFL Margin Calculator | Axis Direct Margin Calculator |
IIFL vs Axis Direct Product Comparison |
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| 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 |
| SIP | R | R |
| Insurance | S | R |
IIFL vs Axis Direct Trading Platform Comparison |
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| 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 |
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| Customer Support | IIFL | Axis Direct |
| Dedicated Dealer | R | R |
| Offline Trading | S | R |
| Online Trading | R | R |
| 24*7 Support | R | R |
| 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 |
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| 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 |
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