Axis Direct is the brokerage arm of one of the biggest banks, Axis bank. Established in 2011 as a full-service broker, Axis Direct enjoys a lot of trust in the market because of its parent firm, Axis bank. Axis Direct has come a long way since and has 4,02,261 active client base till September 2022.



Full Service Broker
      
Depository: CDSL


Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

 Equity                

 Commodity               

 Currency               

 Futures               

 Options               





Brokerage Plans (Single Plan)

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.



CHARGES

Account Opening Charge
Free
Account Maintenance Charge
₹790
Plan Charges
₹5,555
Call & Trade Charges
Free



BROKERAGE

Equity Delivery Brokerage
0.25%
Equity Intraday Brokerage
0.03%
Equity Futures Brokerage
0.03%
Equity Options Brokerage
₹10
Currency Futures Brokerage
0.03%
Currency Options Brokerage
₹10
Commodity Futures Brokerage
0.03%
Commodity Options Brokerage
₹10



MARGINS

Equity Delivery Margin
4x
Equity Intraday Margin
4x
Equity Futures Margin
4x
Equity Options Margin
4x
Currency Futures Margin
4x
Currency Options Margin
4x
Commodity Futures Margin
4x
Commodity Options Margin
4x


Axis Brokage Calculator





Advantages

1.Provision of 3 in 1 account facilities provides users with a smooth and flawless trading experience Free and quality research reports to its customers.

2.Highly skilled relationship managers help investors by solving their queries.

3.With 'Funtastic' learning, Axis Direct offers free seminars, tutorials, webinars etc., to users. Enjoys brand equity and trust because of its banking service provider, AXIS bank.



Disadvantages

1.Brokerage, account opening cost, and maintenance charges are very high compared to other brokers.

2.Its terminal based trading platform is a chargeable subscription-based platform.


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