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Sharekhan Vs AxisDirect: Which one is better?

Both the brokers are registered with SEBI. Sharekhan offers investmenet in Equity, F&O, Currency and Commodities, where AxisDirect offers investment in Equity, F&O and Currency only. The brokerage of Sharekhan ranges between 0.1 to 0.5% while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Both the brokers are Full Service brokers. Sharekhan is having overall higher rating compare to AxisDirect. Sharekhan is rated 4 out of 5 where AxisDirect is rated only 3.5 out of 5. Number of active customer for Sharekhan is 6,65,129 where number of active customer for AxisDirect is 3,57,390. Sharekhan is serving more customer compare to AxisDirect.

Here we present side-by-side comparison of Sharekhan 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 Sharekhan 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 Sharekhan 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 Sharekhan 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 Sharekhan vs AxisDirect on Service

  Sharekhan Compare
Sharekhan
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 6,65,129 3,57,390
Broker Overview Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation... Know more about Sharekhan 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 Sharekhan Request call back from Zerodha
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Account Opening Charges and AMC

Compare Sharekhan vs AxisDirect on Trading & Demat Account Opening Charges

Comparison of Sharekhan with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Sharekhan offer Free account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - Sharekhan charges Rs 400 PA (Free for 1st year)) AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan with AxisDirect
Charges Sharekhan AxisDirect
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Free for 1st year)) Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Sharekhan vs AxisDirect on Plan Options

Plans are the most important feature you look when compare Sharekhan with AxisDirect. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Sharekhan Zerodha
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs AxisDirect on Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

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 Sharekhan with AxisDirect
Brokerage Charges Compare Sharekhan AxisDirect
Plan Name Sharkehan Brokerage Plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.30% 0.50% (Each leg)
Equity Intraday 0.02% 0.05% (Each leg)
Equity Futures 0.02% 0.05% (Each leg)
Equity Options Rs 20 per lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.02% 0.05% (Each Leg)
Currency Options Rs 5 per lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading Rs 20 per lot Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage Rs 20 NIL
Hidden Charges No No
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Free Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges Free 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare Sharekhan vs AxisDirect on Transaction Charges

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

Transaction Charges - Compare Sharekhan with AxisDirect
Transaction Charges Compare Sharekhan 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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for sharekhan Complete Brokerage Plans for axisdirect
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Account Features

Compare Sharekhan vs AxisDirect on Account Features

Compare Sharekhan 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 Sharekhan offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Sharekhan with AxisDirect
Account Features Compare Sharekhan AxisDirect
3 in 1 Account No Sharekhan have 2-in-1 account. Only Demate and Trading account. Yes, Sharekhan have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 2:45 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Sharekhan vs AxisDirect on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan 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 Sharekhan with AxisDirect
Trading Platform Compare Sharekhan AxisDirect
Desktop Trading Platform TradeTiger Ring
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.sharekhan.com/ https://login.axisdirect.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sharekhan AxisDirect Ring Mobile App
Mobile Trading App Demo Sharekhan Demo AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod Sharekhan Download Andriod AxisDirect Ring Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sharekhan 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 Sharekhan Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare Sharekhan vs AxisDirect on User Rating

  Sharekhan AxisDirect
  184 Customer Reviews    Rate Sharekhan 6 Customer Reviews    Rate AxisDirect
Fees Ratings 3.2 2.5
Trading Brokerage Rating 3.1 2.0
Trading Platform Usability 3.9 3.2
Customer Service Ratings 3.5 2.7
Overall Ratings 3.6 2.3
Broker Rating Sharekhan is Rated 3.6 / 5 based on 184 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare Sharekhan vs AxisDirect on Investment Offerings

Compare Sharekhan 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 - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Sharekhan provide PMS Service where AxisDirect doesn't offer

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

Compare Sharekhan vs AxisDirect on Order Types

Order Type - Compare Sharekhan 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) - Sharekhan 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 Sharekhan with AxisDirect
Order Type Compare Sharekhan 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 Sharekhan vs AxisDirect on Customer Service

Compare Sharekhan 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 Sharekhan with AxisDirect
Customer Service Compare Sharekhan AxisDirect
24/7 Customer Service Sharekhan vs AxisDirect - 24x7 customer support No No
Email Support Sharekhan vs AxisDirect - Email Support Yes Yes
Onine Live Chat Sharekhan vs AxisDirect - Onine Live Chat Yes Yes
Phone Support Sharekhan vs AxisDirect - Phone Support Yes Yes
Toll Free Number Sharekhan vs AxisDirect - Toll Free Number Yes Yes
Through Branches Sharekhan vs AxisDirect - Through Branches Yes Yes
Customer Care Number Sharekhan vs AxisDirect - Customer Care Number 1800227500 022-61480808
Account Opening Process Sharekhan vs AxisDirect - Account Opening Process Offline Online
Customer Support Email Sharekhan vs AxisDirect - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Sharekhan vs AxisDirect - Knowledge Center/Education https://www.sharekhan.com/help/hello https://simplehai.axisdirect.in/learn/overview
Head Office Address Sharekhan vs AxisDirect - Head Office Address/Corporate Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website Sharekhan vs AxisDirect - Company Website https://www.sharekhan.com https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Sharekhan vs AxisDirect on Research Reports, Tips

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

Research Reports - Compare Sharekhan with AxisDirect
  Sharekhan AxisDirect
Research Mutual Funds Sharekhan vs AxisDirect - Research Mutual Funds Yes Yes
Research Equity Reports Sharekhan vs AxisDirect - Research Equity Reports Yes Yes
Research ETF Sharekhan vs AxisDirect - Research ETF Yes Yes
Daily Market Report Sharekhan vs AxisDirect - Daily Market Report Yes Yes
Free Tips Sharekhan vs AxisDirect - Free Tips Yes Yes
Quarterly Result Analysis Sharekhan vs AxisDirect - Quarterly Results Yes Yes
News Alerts Sharekhan vs AxisDirect - Yes Yes
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Demat Account

Compare Sharekhan vs AxisDirect on Demat Account

Compare Sharekhan 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 Sharekhan is ₹500 pa.

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 Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) 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 Sharekhan with AxisDirect
  Sharekhan AxisDirect
DP Source CDSL CDSL
DP ID Sharekhan vs AxisDirect - DP ID 36000 49200
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹500 pa
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) Nil
Statutory charges Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹10
Demat ₹5 per certificate (Min 50 per request) ₹3 per certificate
Remat ₹50 per certificate or ₹50 for every hundred securities ₹10 for every hundred securities (Min ₹10)
Pledge Creation 0.03% (Min ₹100) ₹25
Pledge Creation Confirmation Nil ₹25
Pledge Closure Nil ₹25
Pledge Closure Confirmation Nil ₹25
Pledge Invocation Nil Nil
Failed Instruction Charges Nil Nil
Other Charges Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Nil
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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs AxisDirect on Special Offers and Promotion

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

Compare Sharekhan vs AxisDirect on Special Offers and Promotion
  Sharekhan AxisDirect
Pay In and Pay Out Options Sharekhan vs AxisDirect - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Sharekhan vs AxisDirect - Payout Time Max 24 hrs except bank holidays Instant to Axis Bank.
Bank Supported and Charges Sharekhan vs AxisDirect - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Direct from your Axis bank account.
Likes
  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

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
  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Does not offer Direct mutual fund.
  • 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 Sharekhan Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-03-04T07:37:57+00:00