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Dhan Vs AxisDirect: Which one is better?

Both the brokers are registered with SEBI. Dhan offers investmenet in Equity, F&O, Currency and Commodities, where AxisDirect offers investment in Equity, F&O and Currency only. The brokerage of Dhan Max Rs 20 per trade while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Dhan is a Discount Broker where AxisDirect is a Full Service Broker. Dhan is having overall lower rating compare to AxisDirect. Dhan is rated only 3 out of 5 where AxisDirect is rated 3.5 out of 5. Number of active customer for Dhan is 4,34,798 where number of active customer for AxisDirect is 3,57,390. Dhan is serving more customer compare to AxisDirect.

Here we present side-by-side comparison of Dhan vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Dhan vs AxisDirect's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Dhan vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Dhan vs AxisDirect's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Dhan vs AxisDirect on Service

  Dhan Compare
Dhan
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX NSE, BSE
Active Clients 4,34,798 3,57,390
Broker Overview Open a free Dhan Demat and trading account and start trading at just Rs 20 brokerage on the lightning and superfast Dhan App, web, and Options Trader platform. It is the first broker to provide a dedicated options trading platform and allow Direct tr... Know more about Dhan Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis...Know more about AxisDirect
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Dhan vs AxisDirect on Trading & Demat Account Opening Charges

Comparison of Dhan with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Dhan offer Free account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - Dhan offer Free AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Dhan with AxisDirect
Charges Dhan AxisDirect
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Dhan vs AxisDirect on Plan Options

Plans are the most important feature you look when compare Dhan with AxisDirect. This section compare on high level about type of plans offered by brokers. Multiple Plans - AxisDirect provides Multiple Plans where Dhan doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Dhan with AxisDirect on Plan Options
Plan Types Dhan AxisDirect
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Dhan vs AxisDirect on Brokerage Charges

Dhan Brokerage Plan detail - Dhan has a fixed Rs 20 brokerage plan that charges you a maximum of Rs 20 per order brokerage fee on trading in equity, derivatives, commodity, and currency. However, it provides free equity delivery at zero charges.

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Brokerage Charges - Compare Dhan with AxisDirect
Brokerage Charges Compare Dhan AxisDirect
Plan Name Dhan Brokerage Plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery Free 0.50% (Each leg)
Equity Intraday 0.03% or Rs 20 whichever is lower 0.05% (Each leg)
Equity Futures 0.03% or Rs 20 whichever is lower 0.05% (Each leg)
Equity Options Flat Fee Rs 20 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.03% or Rs 20 whichever is lower 0.05% (Each Leg)
Currency Options Flat Fee Rs 20 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading Flat Fee Rs 20 Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage No NIL
Hidden Charges No No
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Rs 50 per order + GST Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges Rs 20 per order + GST 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Dhan Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare Dhan vs AxisDirect on Transaction Charges

Compare Dhan with AxisDirect on transaction charges and PCM fee by segment.

Transaction Charges - Compare Dhan with AxisDirect
Transaction Charges Compare Dhan AxisDirect
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA
Brokerage Charges Complete Brokerage Plans for dhan Complete Brokerage Plans for axisdirect
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Account Features

Compare Dhan vs AxisDirect on Account Features

Compare Dhan with AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 account where Dhan offers only 2-in-1 account which includes trading and demat account. Algo Trading - Dhan offers Algo Trading where AxisDirect doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - AxisDirect offers NRI where Dhan doesn't offers NRI Trading.

Account Features - Dhan with AxisDirect
Account Features Compare Dhan AxisDirect
3 in 1 Account No Dhan have 2-in-1 account. Only Demate and Trading account. Yes, Dhan have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:20 PM 2:45 PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare Dhan vs AxisDirect on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Dhan and AxisDirect. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Dhan with AxisDirect
Trading Platform Compare Dhan AxisDirect
Desktop Trading Platform Dhan App, Web, Options Trader Ring
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://web.dhan.co/ https://login.axisdirect.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Dhan App AxisDirect Ring Mobile App
Mobile Trading App Demo Dhan App Demo AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod Dhan App Download Andriod AxisDirect Ring Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Dhan App Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Dhan Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Dhan Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for Dhan Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for dhan Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare Dhan vs AxisDirect on User Rating

  Dhan AxisDirect
  12 Customer Reviews    Rate Dhan 6 Customer Reviews    Rate AxisDirect
Fees Ratings 2.8 2.5
Trading Brokerage Rating 3.6 2.0
Trading Platform Usability 3.2 3.2
Customer Service Ratings 2.8 2.7
Overall Ratings 3.3 2.3
Broker Rating Dhan is Rated 3.3 / 5 based on 12 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare Dhan vs AxisDirect on Investment Offerings

Compare Dhan with AxisDirect on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - AxisDirect offers online mutual fund investment option where Dhan doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Dhan with AxisDirect
Investment Offerings Compare Dhan AxisDirect
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes Yes
Mutual Funds No Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No Yes
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment Yes Yes
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Dhan vs AxisDirect on Order Types

Order Type - Compare Dhan with AxisDirect on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Dhan provide Bracket Orders (BO) where AxisDirect doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Dhan with AxisDirect
Order Type Compare Dhan AxisDirect
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Dhan vs AxisDirect on Customer Service

Compare Dhan with AxisDirect on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Dhan with AxisDirect
Customer Service Compare Dhan AxisDirect
24/7 Customer Service Dhan vs AxisDirect - 24x7 customer support No No
Email Support Dhan vs AxisDirect - Email Support Yes Yes
Onine Live Chat Dhan vs AxisDirect - Onine Live Chat Yes Yes
Phone Support Dhan vs AxisDirect - Phone Support Yes Yes
Toll Free Number Dhan vs AxisDirect - Toll Free Number No Yes
Through Branches Dhan vs AxisDirect - Through Branches No Yes
Customer Care Number Dhan vs AxisDirect - Customer Care Number 022-48906273 022-61480808
Account Opening Process Dhan vs AxisDirect - Account Opening Process Zero Online
Customer Support Email Dhan vs AxisDirect - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Dhan vs AxisDirect - Knowledge Center/Education https://knowledge.dhan.co/support/home https://simplehai.axisdirect.in/learn/overview
Head Office Address Dhan vs AxisDirect - Head Office Address/Corporate Address
302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website Dhan vs AxisDirect - Company Website https://dhan.co/ https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Dhan vs AxisDirect on Research Reports, Tips

Compare Dhan with AxisDirect on research reports and tips provided by the broker.

Research Reports - Compare Dhan with AxisDirect
  Dhan AxisDirect
Research Mutual Funds Dhan vs AxisDirect - Research Mutual Funds No Yes
Research Equity Reports Dhan vs AxisDirect - Research Equity Reports No Yes
Research ETF Dhan vs AxisDirect - Research ETF No Yes
Daily Market Report Dhan vs AxisDirect - Daily Market Report No Yes
Free Tips Dhan vs AxisDirect - Free Tips No Yes
Quarterly Result Analysis Dhan vs AxisDirect - Quarterly Results No Yes
News Alerts Dhan vs AxisDirect - No Yes
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Demat Account

Compare Dhan vs AxisDirect on Demat Account

Compare Dhan with AxisDirect on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for AxisDirect is ₹500 pa where for Dhan is Zero.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Dhan is ₹12.5 per transaction where for AxisDirect is ₹10.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Dhan with AxisDirect
  Dhan AxisDirect
DP Source CDSL CDSL
DP ID Dhan vs AxisDirect - DP ID 289-2016 49200
Demat Account Annual Maintenance Charges(AMC) Zero ₹500 pa
Advance Deposit Nil Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.5 per transaction ₹10
Demat ₹250 per certificate + courier charges ₹3 per certificate
Remat ₹250 per certificate + courier charges ₹10 for every hundred securities (Min ₹10)
Pledge Creation ₹12.5 per transaction ₹25
Pledge Creation Confirmation Nil ₹25
Pledge Closure ₹12.5 per transaction ₹25
Pledge Closure Confirmation Nil ₹25
Pledge Invocation ₹12.5 per transaction Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Dhan vs AxisDirect on Special Offers and Promotion

Compare Dhan with AxisDirect on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Dhan vs AxisDirect on Special Offers and Promotion
  Dhan AxisDirect
Pay In and Pay Out Options Dhan vs AxisDirect - Pay In and Pay Out Options UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Dhan vs AxisDirect - Payout Time Fast withdrawal with IMPS, NEFT Withdrawal Instant to Axis Bank.
Bank Supported and Charges Dhan vs AxisDirect - Bank Supported and Charges Info Not Available
Bank Detail Direct from your Axis bank account.
Likes
  • No account opening fees.
  • No brokerage fees for investing in stocks, IPO, and ETF.
  • Rs 20 competitive brokerage plan.
  • TradingView charting platform.
  • Lightning, fast, and user-friendly Dhan app and web platform.
  • Powerful options trader app and web platform for F&O traders.
  • Instant withdrawal of funds to your bank account in just a few minutes.
  • Margin trading facility.
  • Start daily, weekly and monthly SIP in stocks and ETFs.
  • After-market order (AMO), Basket order, Bracket order (BO), Cover order (CO) and Forever order.
  • 50% brokerage discount to women traders and investors.

Detail Review...

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

Detail Review...

Dislikes
  • You cannot invest in mutual funds and sovereign gold bonds.
  • No installable trading terminal.
  • High fees for call & trade services.
  • Does not offer stock market trading tips, equity research & advisory.
  • You cannot open a 3-in-1 account in Dhan.
  • NRIs cannot open Dhan trading and demat accounts.

Detail Review...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

Special Offers/Promo Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T03:51:34+00:00