About Indiabulls Securities
Incorporated on October 30, 2003, Indiabulls Securities Limited (ISL), formerly known as Dhani Stocks Limited, is registered with SEBI as both a Stock Broker (INZ000036136) and a Depository Participant (IN-DP-423-2019).
Indiabulls Securities Limited offers the user-friendly yet powerful and feature-rich online trading platforms (Power Indiabulls Desktop software, Web and Indiabulls Securities App)... 
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 2003, Indiabulls Securities is a Discount Broker. It offers trading at BSE, NSE and MCX. It has 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 | Indiabulls Securities | AxisDirect |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE and MCX | BSE, NSE, MCX |
| Year of Incorporation | 2003 | 2006 |
| Number of Branches | 56 | |
| Open Indiabulls Securities Account | Open AxisDirect Account |
Indiabulls Securities trading account opening charges is Free (NIL) while AxisDirect account opening changes is Rs 0. Indiabulls Securities Demat Account AMC Charges is Rs 300 and AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year).
| Ā | Indiabulls Securities | AxisDirect |
|---|---|---|
| Trading Account Opening Charges | Free (NIL) | Rs 0 |
| Trading Account AMC Charges | Rs 0 | |
| Demat Account Opening Charges | Free (NIL) | Rs 0 |
| Demat Account AMC Charges | Rs 300 | Rs 750 (free for 1st year) |
Indiabulls Securities brokerage charges for equity is Rs 11 per order or 2.5% whichever is lower and intraday is Rs 11 per order or 2.5% whichever is lower whereas AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg).
| Account Type | Indiabulls Securities Flat Fee Plan | AxisDirect Standard Brokerage Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 11 per order or 2.5% whichever is lower | 0.50% (Each Leg) |
| Equity Intraday | Rs 11 per order or 2.5% whichever is lower | 0.05% (Each Leg) |
| Equity Futures | Rs 11 per Executed order | 0.05% (Each Leg) |
| Equity Options | Rs 11 per Executed order | Rs 20 Per Order |
| Currency Futures | Rs 11 per Executed order | 0.03% (Each Leg) |
| Currency Options | Rs 11 per Executed order | Rs 20 Per Order |
| Commodity Futures | Rs 11 per Executed order | 0.03% (Each Leg) |
| Commodity Options | Rs 11 per Executed order | Rs 50 per lot |
| Special Offer | Special Offer: Trade at ā¹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities.
Open an instant account (FREE) with Indiabulls Securities 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 | Rs 11 | Rs 25 per trade |
| Other Charges | ||
| Call & Trade Charges | Rs 50 | Rs 20 per call (First 20 calls free for a month) |
| Open Indiabulls Securities Account | Open AxisDirect Account |
Indiabulls Securities 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 | Indiabulls Securities | 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 Indiabulls Securities Account | Open AxisDirect Account |
The trading platforms offered Indiabulls Securities include Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.
| Ā | Indiabulls Securities | AxisDirect |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls | DirectTrade, Axisdirect Web, Axisdirect Mobile |
| Intraday Square-off Time | 3:15 PM | 3:15 |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Indiabulls Securities Account | Open AxisDirect Account |
Indiabulls Securities is rated of 5 based on 50 customer reviews whereas AxisDirect is rated of 5 based on 89 customer reviews.
| Ā | Indiabulls Securities | AxisDirect |
|---|---|---|
| Ā | 50 Customer Reviews Ā Ā Ā  | 89 Customer Reviews Ā Ā Ā |
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| Trading Platform |  |  |
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| Overall Rating |  | |
| Broker Rating | Indiabulls Securities is Rated 3.2 / 5 based on 50 customer reviews | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews |
| Ā | Indiabulls Securities | AxisDirect |
|---|---|---|
| Contact Broker | Trade at ā¹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities.
Open an instant account (FREE) with Indiabulls Securities and start trading today. | Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless |
| Ā | Indiabulls Securities | AxisDirect |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Ā | Indiabulls Securities | AxisDirect |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Indiabulls Securities Account | Open AxisDirect Account |
| Ā | Indiabulls Securities | AxisDirect |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Ā | Indiabulls Securities | AxisDirect |
|---|---|---|
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| Promo / Offers | Indiabulls Securities Special Offerā¹11 brokerage on trades across all segments
Open your instant Indiabulls account online and start trading today. | AxisDirect Special OfferZero Intraday Brokerage with Axis Direct!
Limited-time offer! |
| Open Indiabulls Securities Account | Open AxisDirect Account |
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