The side-by-side comparison of AxisDirect and Firstock NRI Account. Compare AxisDirect Vs Firstock NRI Account brokerage charges, exposure margin, demat account and AMC. Read Firstock and AxisDirect NRI Account reviews.
Find out AxisDirect Vs Firstock which is better NRI Trading Account. See AxisDirect Vs Firstock which is best NRI Demat Account.
Our Axis Securities comparison with Firstock Broking Private Limited highlights the major differences between two brokers. Find the best between AxisDirect and Firstock NRI Account.
| Ā | AxisDirect | Firstock |
|---|---|---|
| Ā | ||
| Ā |  |  |
| About the Broker | 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... | Firstock is a discount brokerage firm that offers Non-Resident Indians (NRIs) the ability to invest in the Indian stock market through a hybrid account opening process combining online and offline steps. NRIs can trade in equity delivery and derivati... |
| Account Type | NRI Account | Equity (PIS) |
| Special Offer | Special Offer: Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless | Special Offer: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges.
Open Free Demat account
with Firstock and start trading today. |
| Ā | AxisDirect | Firstock |
|---|---|---|
| NRI Account Opening Fees | ā¹2500 | |
| NRI Account AMC | ā¹0 | |
| NRI Demat Account Opening Fees | Rs 0 | Rs 0 (Free) |
| NRI Demat Account AMC | Rs 750 (free for 1st year) | Rs 0 (Free) |
| PIS Account AMC | ||
| RBI approval for PIS (One time) | ā¹500 + GST | ā¹500 + GST |
| Open AxisDirect Account | Open Firstock Account |
| Account Type | AxisDirect NRI Account | Firstock Equity (PIS) |
|---|---|---|
| Equity Delivery | 0.75% | 0.5% or Rs 200 per order, whichever is lower |
| Equity Futures | 0.05% | Rs 100 per executed order |
| Equity Options | Intraday: 1p per lot, Carry Forward: ā¹10 per lot | Rs 100 per executed order |
| Open AxisDirect Account | Open Firstock Account |
| Contract Note Reporting Charges | ||
| Other Brokerage Charges | PIS Acct AMC: ā¹1,500, Minimum Brokerage ā¹50 | Equity (Non-PIS) - 0.5% or Rs 100 per order, whichever is lower |
| 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% |
| Ā | AxisDirect | Firstock |
|---|---|---|
| Securities Transaction Tax (STT) |
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| Exchange Transaction Charges | Check Exchange Transaction Fee | |
| SEBI Charges | 0.00005% (ā¹5/Crore) | 0.00005% (ā¹5/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. |
| Ā | AxisDirect Margin | Firstock 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. | ||
| Ā | AxisDirect | Firstock |
|---|---|---|
| 3-in-1 Account |  |  |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | ||
| Open AxisDirect Account | Open Firstock Account |
| Ā | AxisDirect Review | Firstock Review |
|---|---|---|
| Ā | 89 Customer Reviews Ā Ā Ā  | 1 Customer Reviews Ā Ā Ā |
| Fees |  |  |
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| Trading Platform |  | |
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| Overall Rating | | |
| Broker Rating | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews | Firstock is Rated 3.0 / 5 based on 1 customer reviews |
| Open AxisDirect Account | Open Firstock Account |
| Ā | AxisDirect Enquire | AxisDirect Enquire |
|---|---|---|
| Contact Broker | Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless | Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges.
Open Free Demat account
with Firstock and start trading today. |
| Ā | AxisDirect | Firstock |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options |
| Ā | AxisDirect | Firstock |
|---|---|---|
| Customer Care Number | +91 22 4257 0809 | |
| Customer Care Email | ||
| Open AxisDirect Account | Open Firstock Account |
| Ā | AxisDirect | Firstock |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Ā | AxisDirect | Firstock |
|---|---|---|
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Conclusion | 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 | AxisDirectSpecial OfferZero Intraday Brokerage with Axis Direct!
Limited-time offer! | FirstockSpecial OfferUnlimited Trades @ ZERO Brokerage on Delivery trades
This is a limited-time offer. Open a Free Demat Account online and start trading today. |
| Open AxisDirect Account | Open Firstock Account |
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