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... ![]()
About Share.Market
Share.Market, launched for the public in August 2023, is a stock market platform of PhonePe. This platform allows users to explore, invest, and trade in various financial instruments, including stocks, ETFs, Futures & Options (F&O), and WealthBaskets.
PhonePe, a popular digital payment platform, has launched a new app called Share.Market for share trading. The app is offered by PhonePe Wea... ![]()
Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in 2023, Share.Market is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.
| Ā | AxisDirect | Share.Market |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 2006 | 2023 |
| Number of Branches | 56 | 0 |
| Open AxisDirect Account |
AxisDirect trading account opening charges is Rs 0 while Share.Market account opening changes is Rs 0 (free). AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year) and Share.Market Demat Account AMC Charges is Rs 180 (free for 1st year).
| Ā | AxisDirect | Share.Market |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 (free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (free) |
| Demat Account AMC Charges | Rs 750 (free for 1st year) | Rs 180 (free for 1st year) |
AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg) whereas Share.Market brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).
| Account Type | AxisDirect Standard Brokerage Plan | Share.Market ZERO brokerage till 31st Mar 2025 |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.50% (Each Leg) | Rs 0 (Free) |
| Equity Intraday | 0.05% (Each Leg) | Rs 0 (Free) |
| Equity Futures | 0.05% (Each Leg) | Rs 0 (Free) |
| Equity Options | Rs 20 Per Order | Rs 0 (Free) |
| Currency Futures | 0.03% (Each Leg) | |
| Currency Options | Rs 20 Per Order | |
| Commodity Futures | 0.03% (Each Leg) | |
| Commodity Options | Rs 50 per lot | |
| Special Offer | Special Offer: Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless | 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. |
| Ā | AxisDirect | Share.Market |
|---|---|---|
| Account Type | Standard Brokerage Plan | Default Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.50% (Each Leg) | Rs 20 per executed order or 0.05% whichever is low |
| Equity Intraday | 0.05% (Each Leg) | Rs 20 per executed order or 0.05% whichever is low |
| Equity Futures | 0.05% (Each Leg) | Rs 20 per executed order |
| Equity Options | Rs 20 Per Order | Rs 20 per executed order |
| Currency Futures | 0.03% (Each Leg) | |
| Currency Options | Rs 20 Per Order | |
| Commodity Futures | 0.03% (Each Leg) | |
| Commodity Options | Rs 50 per lot | |
| Open AxisDirect Account |
| Minimum Brokerage | Rs 25 per trade | |
| Other Charges | ||
| Call & Trade Charges | Rs 20 per call (First 20 calls free for a month) | |
| Open AxisDirect Account |
AxisDirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Share.Market margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Ā | AxisDirect | Share.Market |
|---|---|---|
| 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 AxisDirect Account |
The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. Share.Market offers Share.Market website and mobile app trading software.
| Ā | AxisDirect | Share.Market |
|---|---|---|
| 3 in 1 Account | ![]() | ![]() |
| Automated Trading | ![]() | ![]() |
| Margin Trading Funding | ![]() | ![]() |
| Margin Against Shares (Equity Cash) | ![]() | ![]() |
| Margin Against Shares (Equity F&O) | ![]() | ![]() |
| Trading Platform | DirectTrade, Axisdirect Web, Axisdirect Mobile | Share.Market website and mobile app |
| Intraday Square-off Time | 3:15 | 3:10 PM |
| Trading In SME Shares Allowed? | ![]() | ![]() |
| Referral Program | ![]() | ![]() |
| Other Features | ||
| Open AxisDirect Account |
AxisDirect is rated of 5 based on 89 customer reviews whereas Share.Market is rated of 5 based on 3 customer reviews.
| Ā | AxisDirect | Share.Market |
|---|---|---|
| Contact Broker | Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless | 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. |
| Ā | AxisDirect | Share.Market |
|---|---|---|
| Bracket Order | ![]() | ![]() |
| Cover Order | ![]() | ![]() |
| Buy Today Sell Tomorrow (BTST) | ![]() | ![]() |
| Sell Today Buy Tomorrow (STBT) | ![]() | ![]() |
| After Market Order (AMO) | ![]() | ![]() |
| Good Till Cancelled (GTC) | ![]() | ![]() |
| Open AxisDirect Account |
| Ā | AxisDirect | Share.Market |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
| Reviews | ||
| Promo / Offers | AxisDirect Special OfferZero Intraday Brokerage with Axis Direct!
Limited-time offer! | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
|
| Open AxisDirect Account |