About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among the top 10 stock brokers in India with over 4.2 lakhs active customers.
AxisDirect offers investment in Equities, Mutua... 
About Dhan
Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to create wealth, and Dhan is committed to providing these options.
Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL as well as NSE, BSE and MCX stock...
Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.
| AxisDirect | Dhan | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 2006 | 2021 |
| Number of Branches | 56 | 1 |
| Open AxisDirect Account |
AxisDirect trading account opening charges is Rs 0 while Dhan account opening changes is Rs 0 (Free). AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year) and Dhan Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).
| AxisDirect | Dhan | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 750 (free for 1st year) | Rs 0 (Lifetime Zero AMC) |
AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg) whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.
| Account Type | AxisDirect Standard Brokerage Plan | Dhan Flat Rate Plan |
|---|---|---|
| Fixed Charges | NA | Rs 0 or Nill |
| Equity Delivery | 0.50% (Each Leg) | Rs. 0 |
| Equity Intraday | 0.05% (Each Leg) | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Futures | 0.05% (Each Leg) | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Options | Rs 20 Per Order | Rs 20 per executed order |
| Currency Futures | 0.03% (Each Leg) | Rs 20 per executed order or 0.03% of trade value |
| Currency Options | Rs 20 Per Order | Rs 20 per executed order |
| Commodity Futures | 0.03% (Each Leg) | Rs 20 or 0.03% of trade value, whichever is lower |
| Commodity Options | Rs 50 per lot | Rs 20 per executed order |
| Special Offer | Special Offer: Zero Intraday Brokerage with Axis Direct! MTF Interest – 9.99% p.a. ⏱ 5 min | 100% Online | Paperless | 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. |
| Minimum Brokerage | Rs 25 per trade | Rs 20 |
| Other Charges | ||
| Call & Trade Charges | Rs 20 per call (First 20 calls free for a month) | Rs 50 per order |
| Open AxisDirect Account |
AxisDirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Dhan margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| AxisDirect | Dhan | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open AxisDirect Account |
The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.
| AxisDirect | Dhan | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | DirectTrade, Axisdirect Web, Axisdirect Mobile | Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API |
| Intraday Square-off Time | 3:15 | 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | APIs for Algo Trading, smallcases on Dhan | |
| Open AxisDirect Account |
AxisDirect is rated of 5 based on 89 customer reviews whereas Dhan is rated of 5 based on 30 customer reviews.
| AxisDirect | Dhan | |
|---|---|---|
89 Customer Reviews  | 30 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  | |
| Research Capabilities |  |  |
| Overall Rating | |  |
| Broker Rating | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews | Dhan is Rated 3.1 / 5 based on 30 customer reviews |
| AxisDirect | Dhan | |
|---|---|---|
| Contact Broker | Zero Intraday Brokerage with Axis Direct! MTF Interest – 9.99% p.a. ⏱ 5 min | 100% Online | Paperless | 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. |
| AxisDirect | Dhan | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| AxisDirect | Dhan | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open AxisDirect Account |
| AxisDirect | Dhan | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| AxisDirect | Dhan | |
|---|---|---|
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| Reviews | ||
| Promo / Offers | AxisDirect Special OfferZero Intraday Brokerage with Axis Direct!
Limited-time offer! | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open AxisDirect Account |
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