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 m.Stock
Incorporated in April 2022 by Mirae Asset Capital Markets (India) Pvt Ltd, m.Stock offers a comprehensive range of stockbroking services to retail clients under its brand. It offers investment opportunities in stocks, currencies, IPOs and direct mutual funds.
m.Stocks offer Rs 0 account opening fee, Free Delivery Plan across Mutual Funds, ETF, IPO, and brokerage of Rs 5 applicable on Equity Intrad...
Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in 2022, m.Stock is a Discount. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| Ā | AxisDirect | m.Stock |
|---|---|---|
| Type of Broker | Full Service Broker | Discount |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 2006 | 2022 |
| Number of Branches | 56 | 0 |
| Open AxisDirect Account |
AxisDirect trading account opening charges is Rs 0 while m.Stock account opening changes is Rs 0. AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year) and m.Stock Demat Account AMC Charges is Rs 219 per quarter (Quarterly operating charges).
| Ā | AxisDirect | m.Stock |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 750 (free for 1st year) | Rs 219 per quarter (Quarterly operating charges) |
AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg) whereas m.Stock brokerage charges for equity is Rs 0 (Free) and intraday is Rs 5 per executed orders.
| Account Type | AxisDirect Standard Brokerage Plan | m.Stock |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.50% (Each Leg) | Rs 0 (Free) |
| Equity Intraday | 0.05% (Each Leg) | Rs 5 per executed orders |
| Equity Futures | 0.05% (Each Leg) | Rs 5 per executed orders |
| Equity Options | Rs 20 Per Order | Rs 5 per executed orders |
| Currency Futures | 0.03% (Each Leg) | Rs 5 |
| Currency Options | Rs 20 Per Order | Rs 5 |
| Commodity Futures | 0.03% (Each Leg) | NA |
| Commodity Options | Rs 50 per lot | NA |
| Special Offer | Special Offer: Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 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 | |
| Other Charges | Rs 5/order - MTF | |
| Call & Trade Charges | Rs 20 per call (First 20 calls free for a month) | Rs 0 (Free) |
| Open AxisDirect Account |
AxisDirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the m.Stock margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Ā | AxisDirect | m.Stock |
|---|---|---|
| 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. m.Stock offers Mobile App & Web Platform trading software.
| Ā | AxisDirect | m.Stock |
|---|---|---|
| 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 | Mobile App & Web Platform |
| Intraday Square-off Time | 3:15 | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Buyback Trading | |
| Open AxisDirect Account |
AxisDirect is rated of 5 based on 89 customer reviews whereas m.Stock is rated of 5 based on 3 customer reviews.
| Ā | AxisDirect | m.Stock |
|---|---|---|
| Ā | 89 Customer Reviews Ā Ā Ā  | 3 Customer Reviews Ā Ā Ā |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  | |
| Overall Rating | |  |
| Broker Rating | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews | m.Stock is Rated 3.7 / 5 based on 3 customer reviews |
| Ā | AxisDirect | m.Stock |
|---|---|---|
| Contact Broker | Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 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. |
| Ā | AxisDirect | m.Stock |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Ā | AxisDirect | m.Stock |
|---|---|---|
| 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 |
| Ā | AxisDirect | m.Stock |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Ā | AxisDirect | m.Stock |
|---|---|---|
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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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