Zerodha Vs AxisDirect (Compare Zerodha and AxisDirect)

Zerodha Vs AxisDirect

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 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.

	Zerodha	AxisDirect
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	NSE, BSE, MCX and NCDEX	BSE, NSE, MCX
Year of Incorporation	2010	2006
Number of Branches	22	56
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Zerodha Vs AxisDirect Charges & AMC

Zerodha trading account opening charges is Rs 0 while AxisDirect account opening changes is Rs 0. Zerodha Demat Account AMC Charges is Rs 300 and AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year).

	Zerodha	AxisDirect
Trading Account Opening Charges	Rs 0	Rs 0
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 300	Rs 750 (free for 1st year)

Zerodha Vs AxisDirect Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg).

Account Type	Zerodha Flat Brokerage Plan	AxisDirect Standard Brokerage Plan
Fixed Charges		NA
Equity Delivery	Rs 0 (Free)	0.50% (Each Leg)
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	0.05% (Each Leg)
Equity Futures	Rs 20 per executed order or .03% 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 .03% 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 .03% whichever is lower	0.03% (Each Leg)
Commodity Options	Rs 20 per executed order	Rs 50 per lot
Special Offer	Special Offer: Invest with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha 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.

Zerodha Charges Vs AxisDirect

Minimum Brokerage	0.03% in Intraday and F&O	Rs 25 per trade
Other Charges	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges	Rs 50 per executed order	Rs 20 per call (First 20 calls free for a month)
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Zerodha Vs AxisDirect Leverage (Margin)

Zerodha 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.

	Zerodha	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)
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Compare Zerodha and AxisDirect Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

	Zerodha	AxisDirect
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Kite Web, Kite Mobile for Android/iOS and Coin	DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time	Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close	3:15
Trading In SME Shares Allowed?
Referral Program
Other Features	Direct Mutual Funds, APIs for Algo Trading
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Zerodha Vs AxisDirect Review

Zerodha is rated of 5 based on 491 customer reviews whereas AxisDirect is rated of 5 based on 89 customer reviews.

	Zerodha	AxisDirect
	491 Customer Reviews	89 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Zerodha is Rated 3.6 / 5 based on 491 customer reviews	AxisDirect is Rated 2.0 / 5 based on 89 customer reviews

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Zerodha Vs AxisDirect Investment Options

	Zerodha	AxisDirect
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

Zerodha Vs AxisDirect Order Type Offered

	Zerodha	AxisDirect
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)
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Zerodha Vs AxisDirect Suitable For Investor Type

	Zerodha	AxisDirect
Casual Investor
Active Investor
Trader

Zerodha Vs AxisDirect - Pros and Cons

	Zerodha	AxisDirect
Pros	Free account opening for people under 25. India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is available.	Free research reports Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account.	Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained. Charges Rs 250 per month fee if you are not an axis bank customer. Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers Higher commodity and currency trading brokerage. Call & Trade is charged Rs 20 extra per trade
Reviews
Promo / Offers	Zerodha Special Offer Free Stock Trading and Mutual Funds Free account opening for everyone Zero brokerage on Equity Delivery trades Flat ₹20 per trade for Intraday and F&O Zero brokerage on Mutual Fund investments Trade with India's leading trading platform Limited-time offer! Open your instant Zerodha account online and start trading today.	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews
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