About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.
Upstox tra... 
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...
Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.
| Ā | Upstox | AxisDirect |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 2012 | 2006 |
| Number of Branches | 4 | 56 |
| Open Upstox Account | Open AxisDirect Account |
Upstox trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 0. Upstox Demat Account AMC Charges is Rs 150 and AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year).
| Ā | Upstox | AxisDirect |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 150 | Rs 750 (free for 1st year) |
Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower whereas AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg).
| Account Type | Upstox Default | AxisDirect Standard Brokerage Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 20 per executed order or 2.5% whichever is low | 0.50% (Each Leg) |
| Equity Intraday | Rs 20 per executed order or 0.05% whichever is lower | 0.05% (Each Leg) |
| Equity Futures | Rs 20 per executed order or 0.05% whichever is lower | 0.05% (Each Leg) |
| Equity Options | Rs 20 per executed order | Rs 20 Per Order |
| Currency Futures | Rs 20 per executed order or 0.05% whichever is lower | 0.03% (Each Leg) |
| Currency Options | Rs 20 per executed order | Rs 20 Per Order |
| Commodity Futures | Rs 20 per executed order or 0.05% whichever is lower | 0.03% (Each Leg) |
| Commodity Options | Rs 20 per executed order | Rs 50 per lot |
| Special Offer | Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. | Special Offer: Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless |
| Minimum Brokerage | 0.05% | Rs 25 per trade |
| Other Charges | Auto Square-off Charges: Rs 50 | |
| Call & Trade Charges | Rs 20 per trade | Rs 20 per call (First 20 calls free for a month) |
| Open Upstox Account | Open AxisDirect Account |
Upstox margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the AxisDirect margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Ā | Upstox | AxisDirect |
|---|---|---|
| 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 Upstox Account | Open AxisDirect Account |
The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.
| Ā | Upstox | AxisDirect |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola | DirectTrade, Axisdirect Web, Axisdirect Mobile |
| Intraday Square-off Time | 3:00 PM | 3:15 |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Option strategy builder | |
| Open Upstox Account | Open AxisDirect Account |
Upstox is rated of 5 based on 150 customer reviews whereas AxisDirect is rated of 5 based on 89 customer reviews.
| Ā | Upstox | AxisDirect |
|---|---|---|
| Ā | 150 Customer Reviews Ā Ā Ā  | 89 Customer Reviews Ā Ā Ā |
| Fees |  |  |
| Brokerage | |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  |  |
| Overall Rating |  | |
| Broker Rating | Upstox is Rated 2.4 / 5 based on 150 customer reviews | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews |
| Ā | Upstox | AxisDirect |
|---|---|---|
| Contact Broker | Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. | Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless |
| Ā | Upstox | AxisDirect |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Ā | Upstox | AxisDirect |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Upstox Account | Open AxisDirect Account |
| Ā | Upstox | AxisDirect |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Ā | Upstox | AxisDirect |
|---|---|---|
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| Promo / Offers | Upstox Special OfferExclusive offer by Upstox
It is a limited-time offer. Open Instant Account and start trading the same day. | AxisDirect Special OfferZero Intraday Brokerage with Axis Direct!
Limited-time offer! |
| Open Upstox Account | Open AxisDirect Account |
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