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

Here is a detailed comparison of Upstox 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 Upstox vs Axis Direct along with differences.

Upstox 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

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

Now let’s Compare Upstox vs Axis Direct:

Overview of Upstox & Axis Direct

Overview Upstox Axis Direct
Company Type Private Private
Broker Type Discount Broker Full Service Broker
Headquarters Mumbai, India Mumbai, India
Founder Raghu Kumar, Ravi Kumar & Shrinivas Vishvanath Arun Thukral
Established Year 2009 2011

RKSV vs Axis Direct Customer Ratings Comparison

Customer Ratings Upstox Axis Direct
Experience 5.3/10 6.2/10
Products & Services 6.5/10 6.5/10
Brokerage Charges & Fees 9.5/10 6.2/10
Stock Research & Advisory 3.0/10 6.3/10
Trading Platforms 6.5/10 6.3/10
Overall Ratings 6.2/10 6.3/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 598 879

Upstox vs Axis Direct Demat Account Comparison

Demat Services Upstox Axis Direct
Depository Source CDSL CDSL & NSDL
Account Opening Charges Rs.150 Rs.999
Demat AMC Charges Rs.150 per Annum Rs.650 per annum
Trading AMC Charges Free Free
Margin Money Zero Rs.25,000
Offline to Online No No

Axis Direct vs Upstox Brokerage Charges Comparison

Brokerage Charge & Fees Upstox Axis Direct
Equity Delivery Trading Zero 0.20% – 0.60%
Equity Intraday Trading Rs.20 0.03% – 0.05%
Commodity Options Trading Rs.20 NA
Equity Futures Trading Rs.20 0.03% – 0.05%
Equity Options Trading Rs.20 per lot Rs.10 per lot
Currency Futures Trading Rs.20 0.03% – 0.05%
Currency Options Trading Rs.20 per lot Rs.10 per lot
Minimum Brokerage Rs.20 Percentage of Transacton
Demat AMC Charges Rs.150 per annum Rs.650 per Annum
Trading AMC Charges Free Free
Margin Money Zero Rs.25,000
Brokerage Calculator Upstox Brokerage Calculator Axis Direct Brokerage Calculator

Axis Direct & RKSV Other Charges Comparison

Other Charges Upstox Axis Direct
Transaction Charges 0.00275% 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 & Upstox Offers

Offers Upstox Axis Direct
Free Demat Account S S
Free Trading Account R S
Discount on Brokerage R S
Trading Happy Hours S S
Flexible Brokerage Plans S 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 Upstox vs Axis Direct

Services Upstox 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 S R
Robo Advisory R S
Trading Institution S S
Trading Exposure Upto 20x Upto 15x

Compare Axis Direct & Upstox Research & Advisory

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

Upstox vs Axis Direct Exposure/Leverage

Exposure / Leverage Upstox Axis Direct
Equity Delivery Upto 5x Upto 10x
Equity Intraday Upto 20x Upto 15x
Equity Futures Upto 7x Upto 12x
Equity Options Upto 8x Upto 12x
Currency Futures Upto 5x Upto 7x
Currency Options Upto 6x Upto 8x
Commodities Upto 7x NA

Upstox vs Axis Direct Product Comparison

Products Upstox Axis Direct
Equity Trading R R
Commodity Trading No S
Currency Trading R R
Options R R
Futures R R
Mutual Funds S R
Forex S R
Banking S R
Insurance S R

Upstox vs Axis Direct Trading Platform Comparison

Trading Platforms Upstox 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

Upstox vs Axis Direct Customer Support

Customer Support Upstox Axis Direct
Dedicated Dealer S R
Offline Trading S R
Online Trading R R
24*7 Support S R
Support Number 022 – 6130 9999 1800 210 0808
Email Support R R
Chat Support S S
Toll Free Number S 1800 210 0808
Branches Zero 186

Upstox vs Axis Direct Customer Complaints

Complaints (Current Year) Upstox Axis Direct
Lodged in BSE 185 129
Resolved in BSE 126 115
Lodged in NSE 175 189
Resolved in NSE 139 165

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

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


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