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

OverviewIIFLAxis Direct
Company TypePublicPrivate
Broker TypeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaMumbai, India
FounderNirmal JainArun Thukral
Established Year19952011

India Infoline vs Axis Direct Customer Ratings Comparison

Customer RatingsIIFLAxis Direct
Products & Services8.8/106.5/10
Brokerage Charges & Fees8.2/106.2/10
Stock Research & Advisory8.9/106.3/10
Trading Platforms9.0/106.3/10
Overall Ratings8.7/106.3/10
Star Ratings★★★★★★★★☆☆
Total Client Reviews418879

IIFL vs Axis Direct Demat Account Comparison

Demat ServicesIIFLAxis Direct
Depository SourceNSDL & CDSLCDSL & NSDL
Account Opening ChargesZeroRs.999
Demat AMC ChargesFree or Rs.400 per AnnumRs.650 per annum
Trading AMC ChargesFreeFree
Margin MoneyMinimum Rs.10,000Rs.25,000
Offline to OnlineYesNo

Axis Direct vs IIFL Brokerage Charges Comparison

Brokerage Charge & FeesIIFLAxis Direct
Equity Delivery Trading0.50%0.20% – 0.60%
Equity Intraday Trading0.05%0.03% – 0.05%
Commodity Options Trading0.05%NA
Equity Futures Trading0.05%0.03% – 0.05%
Equity Options TradingRs.100 per Lot or 1% of Premium (Takes higher Amount)Rs.10 per lot
Currency Futures Trading0.05%0.03% – 0.05%
Currency Options TradingRs.100 per Lot or 1% of Premium (Takes higher Amount)Rs.10 per lot
Minimum BrokerageRs.0.05 per SharePercentage of Transacton
Demat AMC ChargesFree or Rs.400 per AnnumRs.650 per Annum
Trading AMC ChargesFreeFree
Margin MoneyMinimum Rs.10,000Rs.25,000
Brokerage CalculatorIIFL Brokerage CalculatorAxis Direct Brokerage Calculator

Axis Direct & India Infoline Other Charges Comparison

Other ChargesIIFLAxis Direct
Transaction Charges0.00325% of Total Turnover0.00325% of Total Turnnover
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 Axis Direct & IIFL Offers

OffersIIFLAxis Direct
Free Demat AccountRS
Free Trading AccountRS
Discount on BrokerageSS
Trading Happy HoursSS
Flexible Brokerage PlansRR
1 Month Brokerage FreeSS
Holiday OffersSS
Referral OffersRS
Zero Brokerage for Loss Making TradesSS

Compare Services of IIFL vs Axis Direct

ServicesIIFLAxis Direct
Demat ServicesRR
Trading ServicesRR
3 in 1 AcountSR
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRR
Robo AdvisorySS
Trading InstitutionSS
Trading ExposureUpto 20xUpto 15x

Compare Axis Direct & IIFL Research & Advisory

Research & AdvisoryIIFLAxis Direct
Fundamental ReportsRR
Research ReportsRR
Company ReportsRR
Annual ReportsRR
Company Stock ReviewRR
Free Stock TipsRS
IPO ReportsRR
Top PicksRR
Daily Market ReviewRS
Monthly ReportsRR
Weekly ReportsRR
Offline AdvisoryRR
Relationship ManagerRR

IIFL vs Axis Direct Exposure/Leverage

Exposure / LeverageIIFLAxis Direct
Equity DeliveryUpto 3xUpto 10x
Equity IntradayUpto 20xUpto 15x
Equity FuturesUpto 3xUpto 12x
Equity OptionsUpto 3xUpto 12x
Currency FuturesUpto 2xUpto 7x
Currency OptionsUpto 2xUpto 8x
CommoditiesUpto 3xNA

IIFL vs Axis Direct Product Comparison

ProductsIIFLAxis Direct
Equity TradingRR
Commodity TradingRS
Currency TradingRR
Mutual FundsRR

IIFL vs Axis Direct Trading Platform Comparison

Trading PlatformsIIFLAxis Direct
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
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 AdvisoryRR
Interactive ChartsRR
Live MarketsRR
SMS AlertsRR
Email AlertsRR
Multi Account ManagementRR

IIFL vs Axis Direct Customer Support

Customer SupportIIFLAxis Direct
Dedicated DealerRR
Offline TradingSR
Online TradingRR
24*7 SupportSR
Support Number1800 3000 11551800 210 0808
Email SupportRR
Chat SupportRS
Toll Free Number1800 3000 11551800 210 0808

IIFL vs Axis Direct Customer Complaints

Complaints (Current Year)IIFLAxis Direct
Lodged in BSE145129
Resolved in BSE122115
Lodged in NSE214189
Resolved in NSE212165

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

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Axis Direct vs Reliance SecuritiesIIFL vs Karvy
Axis Direct vs Bonanza PortfolioIIFL vs Kotak Securities
Axis Direct vs EdelweissIIFL vs SBI Cap Securities
Axis Direct vs Kotak SecuritiesIIFL vs Anand Rathi
Axis Direct vs ZerodhaIIFL vs Religare Securities
Axis Direct vs UpstoxIIFL vs Reliance Securities
Axis Direct vs Anand RathiIIFL vs Ventura Securities
Axis Direct vs Ventura SecuritiesIIFL vs SAMCO

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