ProStocksUpstoxPaytmFyers5PaisaTradeSmartAlice Bluem.StockINDmoneyMonarch NetworthShare.Market (PhonePe)Indiabulls SecuritiesFirstockThe side-by-side comparison of SBI Securities and AxisDirect NRI Account. Compare SBI Securities Vs AxisDirect NRI Account brokerage charges, exposure margin, demat account and AMC. Read AxisDirect and SBI Securities NRI Account reviews.
Find out SBI Securities Vs AxisDirect which is better NRI Trading Account. See SBI Securities Vs AxisDirect which is best NRI Demat Account.
Our SBI Securities Ltd comparison with Axis Securities highlights the major differences between two brokers. Find the best between SBI Securities and AxisDirect NRI Account.
| SBI Securities | AxisDirect | |
|---|---|---|
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| About the Broker | State Bank of India (SBI) offers a range of trading and investment services to NRIs through an NRI 3 in 1 account. The account helps NRIs to trade and invest in Equity, Derivatives, Mutual Funds, Depository services, and a variety of Third Party Dist... | Axis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account.
Axis Bank has 10 international branch offices across the w... |
| Account Type | NRI Account | NRI Account |
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| SBI Securities | AxisDirect | |
|---|---|---|
| NRI Account Opening Fees | ₹2500 | ₹2500 |
| NRI Account AMC | ₹0 | ₹0 |
| NRI Demat Account Opening Fees | Rs 0 | Rs 0 |
| NRI Demat Account AMC | Rs 0 | Rs 750 (free for 1st year) |
| PIS Account AMC | ₹900 | |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Account Type | SBI Securities NRI Account | AxisDirect NRI Account |
|---|---|---|
| Equity Delivery | 0.75% | 0.75% |
| Equity Futures | 0.05% | |
| Equity Options | Intraday: 1p per lot, Carry Forward: ₹10 per lot | |
| Contract Note Reporting Charges | ₹0 | |
| Other Brokerage Charges | PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50 | |
| TDS Charges on Long Term Gain (Holding > 365 Days) | 11.96% | 11.96% |
| TDS Charges on Short Term Gain (Holding <= 365 Days) | 17.94% | 17.94% |
| SBI Securities | AxisDirect | |
|---|---|---|
| Securities Transaction Tax (STT) |
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| Exchange Transaction Charges | Check Exchange Transaction Fee | |
| SEBI Charges | 0.00005% (₹5/Crore) | 0.00005% (₹5/Crore) |
| Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| Stamp Duty | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. |
| SBI Securities Margin | AxisDirect Margin | |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage. | ||
| SBI Securities | AxisDirect | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading |  | |
| Free Research And Tips | | |
| Other Features | ||
| SBI Securities Review | AxisDirect Review | |
|---|---|---|
165 Customer Reviews  | 89 Customer Reviews | |
| Fees |  |  |
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| Trading Platform | |  |
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| Overall Rating | | |
| Broker Rating | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews |
| SBI Securities Enquire | SBI Securities Enquire | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| SBI Securities | AxisDirect | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options | Derivatives, FD |
| SBI Securities | AxisDirect | |
|---|---|---|
| Customer Care Number | +91 22 6153 6900 | +91 22 4257 0809 |
| Customer Care Email | nri@sbicapsec.com | |
| SBI Securities | AxisDirect | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| SBI Securities | AxisDirect | |
|---|---|---|
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Conclusion | SBI has one of the largest branch networks among Indian banks in the world. This helps NRIs in availing in-person services on their country or city of residence. The brokerage rates charged by the company are competitive among full-service brokers. The 3-in-1 account, online trading, free research and advisory, Mutual Fund, FD and IPO investment make them attractive to most NRIs. | AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance. |
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
