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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, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home ... 
About Yes Securities
Incorporated in 2013, YES Securities (YSL) is a wholly-owned subsidiary of YES Bank Limited. YSL is a full-service stockbroker registered with SEBI and is a member of NSE and BSE. The company offers broking services in Equity, Derivatives and Currency derivatives. In addition, it also provides other financial services like Mutual Funds and IPO.
YSL offers a 3-in-1 account wherein a bank savings account, a demat account and an investment account is opened at once and linked to each other. This h...
Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 branches across India.
| AxisDirect | Yes Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 2006 | 2013 |
| Number of Branches | 56 | 52 |
AxisDirect trading account opening charges is Rs 0 while Yes Securities account opening changes is Rs 999. AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year) and Yes Securities Demat Account AMC Charges is Rs 500.
| AxisDirect | Yes Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 999 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 750 (free for 1st year) | Rs 500 |
AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg) whereas Yes Securities brokerage charges for equity is 0.45% and intraday is 0.05%(both Sides).
| Account Type | AxisDirect Standard Brokerage Plan | Yes Securities INVEST Value Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.50% (Each Leg) | 0.45% |
| Equity Intraday | 0.05% (Each Leg) | 0.05%(both Sides) |
| Equity Futures | 0.05% (Each Leg) | 0.05% | Intraday - 0.02% |
| Equity Options | Rs 20 Per Order | Rs 75 per lot | Intraday - Rs 25 per lot |
| Currency Futures | 0.03% (Each Leg) | 0.05% | Intraday - 0.02% |
| Currency Options | Rs 20 Per Order | Rs 75 per lot | Intraday - Rs 25 per lot |
| Commodity Futures | 0.03% (Each Leg) | NA |
| Commodity Options | Rs 50 per lot | NA |
| Special Offer | 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 (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. |
| AxisDirect | Yes Securities | |
|---|---|---|
| Account Type | Standard Brokerage Plan | INVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover) |
| Fixed Charges | NA | |
| Equity Delivery | 0.50% (Each Leg) | 0.40% |
| Equity Intraday | 0.05% (Each Leg) | 0.04% |
| Equity Futures | 0.05% (Each Leg) | 0.04% | Intraday - 0.02% |
| Equity Options | Rs 20 Per Order | Rs 70 per lot | Intraday - Rs 25 per lot |
| Currency Futures | 0.03% (Each Leg) | 0.04% | Intraday - 0.02% |
| Currency Options | Rs 20 Per Order | Rs 70 per lot | Intraday - Rs 25 per lot |
| Commodity Futures | 0.03% (Each Leg) | NA |
| Commodity Options | Rs 50 per lot | NA |
| Minimum Brokerage | Rs 25 per trade | Rs 25 or 2.5% of Trade Value whichever is lower |
| Other Charges | ||
| Call & Trade Charges | Rs 20 per call (First 20 calls free for a month) | Additional Rs 25 per executed order |
AxisDirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Yes Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| AxisDirect | Yes Securities | |
|---|---|---|
| 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) |
The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. Yes Securities offers YesInvest (Website), Yes Trader (Mobile App) trading software.
| AxisDirect | Yes Securities | |
|---|---|---|
| 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 | YesInvest (Website), Yes Trader (Mobile App) |
| Intraday Square-off Time | 3:15 | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
AxisDirect is rated of 5 based on 89 customer reviews whereas Yes Securities is rated of 5 based on 5 customer reviews.
| AxisDirect | Yes Securities | |
|---|---|---|
89 Customer Reviews  | 5 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  |  |
| Overall Rating | | |
| Broker Rating | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews | Yes Securities is Rated 2.2 / 5 based on 5 customer reviews |
| AxisDirect | Yes Securities | |
|---|---|---|
| Contact Broker | 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. | 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. |
| AxisDirect | Yes Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| AxisDirect | Yes Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| AxisDirect | Yes Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| AxisDirect | Yes Securities | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
