About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03... 
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 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 |
| Open Zerodha Account | Open AxisDirect Account |
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 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:
₹0 Brokerage on Equity Delivery & Mutual Funds
India’s most trusted trading platform 💹 🔓 Open Account – FREE⏱ 5 min | 100% Online | Paperless | Special Offer: Zero Intraday Brokerage with Axis Direct! MTF Interest – 9.99% p.a. ⏱ 5 min | 100% Online | Paperless |
| 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) |
| Open Zerodha Account | Open AxisDirect Account |
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) |
| Open Zerodha Account | Open AxisDirect Account |
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 | |
| Open Zerodha Account | Open AxisDirect Account |
Zerodha is rated of 5 based on 492 customer reviews whereas AxisDirect is rated of 5 based on 89 customer reviews.
| Zerodha | AxisDirect | |
|---|---|---|
492 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 492 customer reviews | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews |
| Zerodha | AxisDirect | |
|---|---|---|
| Contact Broker |
₹0 Brokerage on Equity Delivery & Mutual Funds
India’s most trusted trading platform 💹 🔓 Open Account – FREE⏱ 5 min | 100% Online | Paperless | Zero Intraday Brokerage with Axis Direct! MTF Interest – 9.99% p.a. ⏱ 5 min | 100% Online | Paperless |
| Zerodha | AxisDirect | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Zerodha | AxisDirect | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Zerodha Account | Open AxisDirect Account |
| Zerodha | AxisDirect | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Zerodha | AxisDirect | |
|---|---|---|
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| Promo / Offers | Zerodha Special OfferFree Stock Trading and Mutual Funds
Limited-time offer! | AxisDirect Special OfferZero Intraday Brokerage with Axis Direct!
Limited-time offer! |
| Open Zerodha Account | Open AxisDirect Account |
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