Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Both the brokers are registered with SEBI. Upstox offers investmenet in Equity, F&O, Currency and Commodities, where AxisDirect offers investment in Equity, F&O and Currency only. The brokerage of Upstox Max Rs 20 per trade while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Upstox is a Discount Broker where AxisDirect is a Full Service Broker. Upstox is having overall higher rating compare to AxisDirect. Upstox is rated 4.5 out of 5 where AxisDirect is rated only 3.5 out of 5. Number of active customer for AxisDirect is 3,63,904 where number of active customer for Upstox is . AxisDirect is serving more customer compare to Upstox.
Here we present side-by-side comparison of Upstox 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 Upstox 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 Upstox 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 Upstox vs AxisDirect's on
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.
 Upstox |
 AxisDirect |
|
|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
|
Discount Broker | Full Service Broker |
| Exchanges Supported
|
NSE, BSE, MCX | NSE, BSE |
| Active Clients | 3,63,904 | |
| Broker Overview | Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. | 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... |
| Broker Enquiry |
|
|
Comparison of Upstox with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Upstox charges Promotion offer: Free for account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - Upstox offer Free AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.
| Charges | Upstox | AxisDirect |
|---|---|---|
| Trading Account Opening Fees | Promotion offer: 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 |  |
|
Plans are the most important feature you look when compare Upstox with AxisDirect. This section compare on high level about type of plans offered by brokers. Multiple Plans - AxisDirect provides Multiple Plans where Upstox doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
| Plan Types | Upstox | AxisDirect |
|---|---|---|
| Multiple Plans |  |
|
| Monthly Plans | |
|
| Yearly Plans | |
|
| Upstox | Zerodha | |
|---|---|---|
| Account Opening Request |
Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.
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 | Upstox | AxisDirect |
|---|---|---|
| Plan Name | Max Rs 20 Per Order Trading Plan | Fixed Brokerage Trading Plan (Percentage Based) |
| Equity Delivery | 2.5% or Rs 20 whichever is lower | 0.50% (Each leg) |
| Equity Intraday | 0.05% or Rs 20 whichever is lower | 0.05% (Each leg) |
| Equity Futures | 0.05% 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 | 0.05% 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 | NIL | NIL |
| Hidden Charges | Info Not Available | No |
| Funding | Info Not Available | Yes - 18% interest PA |
| Call & Trade Charges | Rs 50 + 18% GST | Free 20 calls per month, and after Rs. 20 per order |
| Auto Square off Charges | Rs 50 + 18% GST | 20 calls Free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for Upstox | Brokerage Calculator for AxisDirect |
Compare Upstox with AxisDirect on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Upstox | 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 360 Per Cr | Agri: Rs 275 Per Cr | |
| Brokerage Charges | Complete Brokerage Plans for upstox | Complete Brokerage Plans for axisdirect |
Compare Upstox with AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 3-in-1 account which includes bank, trading and demat account. Algo Trading - Upstox 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 Upstox doesn't offers NRI Trading.
| Account Features Compare | Upstox | AxisDirect |
|---|---|---|
| 3 in 1 Account | |
|
| Charting | |
|
| Algo Trading | |
|
| SMS Alerts | |
|
| Online Demo | |
|
| Online Portfolio | |
|
| Margin Trading Funding Available | |
|
| Combined Ledger for Equity and Commodity | |
|
| Intraday Square-off Time | 3:15PM | 2:45 PM |
| NRI Trading | |
|
| Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Upstox 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 | Upstox | AxisDirect |
|---|---|---|
| Desktop Trading Platform | Upstox Pro | Ring |
| Desktop Demo | Info Not Available | Desktop Demo |
| Desktop Platform (Windows) | |
|
| Desktop Platform (Mac) | |
|
| Web Trading Platform | |
|
| Web Trading Detail | https://pro.upstox.com/ | https://login.axisdirect.in/ |
| Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Site | |
|
| Mobile Trading | |
|
| Mobile Trading App | Upstox | AxisDirect Ring Mobile App |
| Mobile Trading App Demo | Upstox Demo | AxisDirect Ring Mobile App Demo |
| Android Mobile App | |
|
| Android App Download | Andriod Upstox Download | Andriod AxisDirect Ring Mobile App Download |
| iPhone Mobile App (IOS) | |
|
| iOS App Download | iOS Upstox Download | iOS AxisDirect Ring Mobile App Download |
| Android Tablet App | |
|
| iPad App (IOS) | |
|
| Trading Software Charges | Free | Yes, DirectTrade - Rs 2999 PA |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Upstox | Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Upstox | Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator | Options Brokerage Calculator for Upstox | Options Brokerage Calculator for AxisDirect |
| Detail | Detail on Trading Platforms for upstox | Detail on Trading Platforms for axisdirect |
| Upstox | AxisDirect | |
|---|---|---|
12 Customer Reviews
 |
6 Customer Reviews
|
|
| Fees Ratings | 3.5 | 2.5 |
| Trading Brokerage Rating | 3.8 | 2.0 |
| Trading Platform Usability | 3.7 | 3.2 |
| Customer Service Ratings | 3.5 | 2.7 |
| Overall Ratings | 3.7 | 2.3 |
| Broker Rating | Upstox is Rated 3.7 / 5 based on 12 customer reviews | AxisDirect is Rated 2.3 / 5 based on 6 customer reviews |
Compare Upstox 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) - both the brokers don't have PMS Service.
| Investment Offerings Compare | Upstox | AxisDirect |
|---|---|---|
| Equity Cash and F&O | |
|
| Currency Deravitives | |
|
| Commodity | |
|
| Online IPO Application | |
|
| Mutual Funds | |
|
| Bond / NCD | |
|
| ETF | |
|
| Banking | |
|
| Insurance | |
|
| Forex | |
|
| MF SIP Investment | |
|
| Equity SIP Investment | |
|
| PMS Service | |
|
| Other Investment Options | NIL | NIL |
Order Type - Compare Upstox 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) - Upstox 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 Type Compare | Upstox | AxisDirect |
|---|---|---|
| CNC order | |
|
| MIS order | |
|
| NRML order | |
|
| Cover order | |
|
| Bracket order | |
|
| AMO-After Market Orders | |
|
| GTC-Good Till Cancelled | |
|
Compare Upstox 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 Service Compare | Upstox | AxisDirect |
|---|---|---|
| 24/7 Customer Service
|
|
|
| Email Support
|
|
|
| Onine Live Chat
|
|
|
| Phone Support
|
|
|
| Toll Free Number
|
|
|
| Through Branches
|
|
|
| Customer Care Number
|
+91 22 6130 9999 | 022-61480808 |
| Account Opening Process
|
Online/Paperless | Online |
| Customer Support Email
|
[email protected] | [email protected] |
| Knowledge Center/Education
|
https://upstox.com/help-center/ | https://simplehai.axisdirect.in/learn/overview |
| Head Office Address
|
Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013 |
Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website
|
https://upstox.com/ | https://simplehai.axisdirect.in |
Compare Upstox with AxisDirect on research reports and tips provided by the broker.
| Upstox | AxisDirect | |
|---|---|---|
| Research Mutual Funds
|
|
|
| Research Equity Reports
|
|
|
| Research ETF
|
|
|
| Daily Market Report
|
|
|
| Free Tips
|
|
|
| Quarterly Result Analysis
|
|
|
| News Alerts
|
|
|
Compare Upstox 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 Upstox is ₹300 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 Upstox is ₹13 + ₹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
| Upstox | AxisDirect | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
|
81800 | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | ₹300 PA | ₹500 pa |
| Advance Deposit | NIL | Nil |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹13 + ₹5.50 CDSL charges | ₹10 |
| Demat | ₹20 + ₹50 courier charges | ₹3 per certificate |
| Remat | ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) | ₹10 for every hundred securities (Min ₹10) |
| Pledge Creation | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹25 |
| Pledge Creation Confirmation | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹25 |
| Pledge Closure | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹25 |
| Pledge Closure Confirmation | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹25 |
| Pledge Invocation | 0.05% of the transaction value (Min ₹50) | Nil |
| Failed Instruction Charges | ₹50 | Nil |
| Other Charges | Nil | Nil |
Compare Upstox with AxisDirect on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| Upstox | AxisDirect | |
|---|---|---|
| Pay In and Pay Out Options
|
pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro Pau-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
|
Max 24 hrs except bank holidays | Instant to Axis Bank. |
| Bank Supported and Charges
|
Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. | Info Not Available |
| Bank Detail | HDFC Bank Account Name - RKSV SECURITIES INDIA PVT.LTD. Account Number -00600340067574 Account Type - Current Account IFSC Code- HDFC0000060 |
Direct from your Axis bank account. |
| Likes |
Before you open an Upstox account, check out the advantages on why to trade with Upstox.
|
|
| Dislikes |
There are some setbacks or disadvantages also while trading with Upstox;
|
|
| Special Offers/Promo | Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs | 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 Upstox Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2023-12-15T00:33:11+00:00
