About Kotak Neo
Incorporated in 1994, Kotak Neo is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides d... 
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 1994, Kotak Neo is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 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 | Kotak Neo | AxisDirect |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2006 |
| Number of Branches | 153 | 56 |
| Open Kotak Neo Account | Open AxisDirect Account |
Kotak Neo trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 0. Kotak Neo Demat Account AMC Charges is Rs 600 and AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year).
| Ā | Kotak Neo | AxisDirect |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 600 | Rs 750 (free for 1st year) |
Kotak Neo Brokerage Charges for equity is 0.20% (free for the first 30 days) and intraday is Rs 10 per 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 | Kotak Neo Trade Free Plan | AxisDirect Standard Brokerage Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% (free for the first 30 days) | 0.50% (Each Leg) |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.05% (Each Leg) |
| Equity Futures | Rs 10 per order | 0.05% (Each Leg) |
| Equity Options | Rs 10 per order | Rs 20 Per Order |
| Currency Futures | Rs 10 per order | 0.03% (Each Leg) |
| Currency Options | Rs 10 per order | Rs 20 Per Order |
| Commodity Futures | Rs 10 per order | 0.03% (Each Leg) |
| Commodity Options | Rs 10 per order | Rs 50 per lot |
| Special Offer | Special Offer: Trade smarter with Kotak Neo low-cost plans. | Special Offer: ā¹0 Account Opening - with Axis Direct!
Options ā ā¹20 per trade ā± 5 min | 100% Online | Paperless |
| Ā | Kotak Neo | AxisDirect |
|---|---|---|
| Account Type | Trade Free Youth | Standard Brokerage Plan |
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 | 0.50% (Each Leg) |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.05% (Each Leg) |
| Equity Futures | Rs 10 per order | 0.05% (Each Leg) |
| Equity Options | Rs 10 per order | Rs 20 Per Order |
| Currency Futures | Rs 10 per order | 0.03% (Each Leg) |
| Currency Options | Rs 10 per order | Rs 20 Per Order |
| Commodity Futures | Rs 10 per order | 0.03% (Each Leg) |
| Commodity Options | Rs 10 per order | Rs 50 per lot |
| Open Kotak Neo Account | Open AxisDirect Account |
| Ā | Kotak Neo | AxisDirect |
|---|---|---|
| Account Type | Trade Free Pro | Standard Brokerage Plan |
| Fixed Charges | Rs 249 | NA |
| Equity Delivery | 0.10% (free for the first 30 days) | 0.50% (Each Leg) |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.05% (Each Leg) |
| Equity Futures | Rs 10 per order | 0.05% (Each Leg) |
| Equity Options | Rs 10 per order | Rs 20 Per Order |
| Currency Futures | Rs 10 per order | 0.03% (Each Leg) |
| Currency Options | Rs 10 per order | Rs 20 Per Order |
| Commodity Futures | Rs 10 per order | 0.03% (Each Leg) |
| Commodity Options | Rs 10 per order | Rs 50 per lot |
| Open Kotak Neo Account | Open AxisDirect Account |
| Minimum Brokerage | Rs 25 per trade | |
| Other Charges | ||
| Call & Trade Charges | Rs 49 + GST per executed order | Rs 20 per call (First 20 calls free for a month) |
| Open Kotak Neo Account | Open AxisDirect Account |
Kotak Neo margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the AxisDirect margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Ā | Kotak Neo | 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 Kotak Neo Account | Open AxisDirect Account |
The trading platforms offered Kotak Neo include Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.
| Ā | Kotak Neo | AxisDirect |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal | DirectTrade, Axisdirect Web, Axisdirect Mobile |
| Intraday Square-off Time | 3:20 P.M | 3:15 |
| Trading In SME Shares Allowed? | |  |
| Referral Program | | |
| Other Features | 3-in-1 account | |
| Open Kotak Neo Account | Open AxisDirect Account |
Kotak Neo is rated of 5 based on 202 customer reviews whereas AxisDirect is rated of 5 based on 89 customer reviews.
| Ā | Kotak Neo | AxisDirect |
|---|---|---|
| Ā | 202 Customer Reviews Ā Ā Ā  | 89 Customer Reviews Ā Ā Ā |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews |
| Ā | Kotak Neo | AxisDirect |
|---|---|---|
| Contact Broker | Trade smarter with Kotak Neo low-cost plans. | ā¹0 Account Opening - with Axis Direct!
Options ā ā¹20 per trade ā± 5 min | 100% Online | Paperless |
| Ā | Kotak Neo | AxisDirect |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Ā | Kotak Neo | AxisDirect |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Kotak Neo Account | Open AxisDirect Account |
| Ā | Kotak Neo | AxisDirect |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Ā | Kotak Neo | AxisDirect |
|---|---|---|
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| Reviews | ||
| Promo / Offers | Kotak Neo Special OfferKotak Neo Trade Free Plan Open a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now | AxisDirect Special OfferWhy Choose Axis Direct
Open your instant Axis Direct account online and start trading today. |
| Open Kotak Neo Account | Open AxisDirect Account |
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