Compare 3 Brokers

Fyers Vs Axis Direct: Which one is better?

The brokerage of Fyers Max Rs 20 per trade while the brokerage of Axis Direct ranges between 0.05% to 0.5%. Fyers is a Discount Broker where Axis Direct is a Full Service Broker. Fyers is having overall higher rating compare to Axis Direct. Fyers is rated 4 out of 5 where Axis Direct is rated only 3.5 out of 5.

Here we present side-by-side comparison of Fyers vs Axis Direct share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Fyers vs Axis Direct'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.

Compare Fyers vs Axis Direct on Service

  Fyers Compare
Fyers
Axis Direct Compare
Axis Direct
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? NSE BSE, NSE
Broker Overview Fyers Securities is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing, advisory and recommendation services for smart investment. Since its inception in 2005, Axis Securities Limited aims to become a leading player in the Retail Brokering Industry. The Broker is engaged in the business of marketing and selling of financial products of the Axis Bank Limited.
Broker Enquiry Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Axis Direct. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Fyers vs Axis Direct on Trading & Demat Account Opening Charges

In this section we have compared Fyers with Axis Direct on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where Axis Direct charges Rs 999 for account opeing. Demat AMC charges - Fyers charges Rs 400 PA AMC for Demat account where Axis Direct charges Rs 650 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Fyers with Axis Direct
Charges Fyers Axis Direct
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Rs 650
Demat AMC Rs 400 PA Rs 650 PA
Provide DP Service No Yes
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About Brokerage Plans

Compare Fyers vs Axis Direct on Plan Options

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

Compare Fyers with Axis Direct on Plan Options
Plan Types Fyers Axis Direct
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Fyers Axis Direct
Account Opening Request
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Brokerage Charges

Compare Fyers vs Axis Direct on Brokerage Charges

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Axis Direct Brokerage Plan detail - Fixed Plan Brokerage is simple and easy to understand. Axis Direct is right in line with its closest full-service competitors. Its .50% for equity trades is slightly less expensive than ICICI (.55%) while same as Kotak, HDFC and SBI (.50%).

Brokerage Charges - Compare Fyers with Axis Direct
Brokerage Charges Compare Fyers Axis Direct
Plan Name Max Rs 20 Per Order Trading Plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery Free 0.5% or 50 paisa
Equity Intraday 0.01% or Rs 20 whichever is lower 0.05% or 5 paisa
Equity Futures 0.01% or Rs 20 whichever is lower 0.05% or 5 paisa
Equity Options Flat Fee Rs 20 Rs 10 Per Lot
Currency Futures 0.01% or Rs 20 whichever is lower 0.05% or 5 paisa
Currency Options Flat Fee Rs 20 Rs 20 Per Lot
Commodity Trading NA Futures - .03 or 3 paisa, Options - Rs 50 Per Lot
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding No Yes - 18% interest PA
Call & Trade Charges Rs 20 Per Order 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Fyers Brokerage Calculator for Axis Direct
SPAN Margin Calculator SPAN Margin Calculator for Fyers SPAN Margin Calculator for Axis Direct
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Share Broker's Transaction Charges

Compare Fyers vs Axis Direct on Transaction Charges

Compare Fyers with Axis Direct on transaction charges and PCM fee by segment.

Transaction Charges - Compare Fyers with Axis Direct
Transaction Charges Compare Fyers Axis Direct
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 240 Per Cr Rs 190 Per Cr
Equity Options Rs 5900 Per Cr Rs 5000 Per Cr
Currency Futures Rs 175 Per Cr Rs 100 Per Cr
Currency Options Rs 6500 Per Cr Rs 4000 Per Cr
Commodity NA
Brokerage Charges Complete Brokerage Plans for fyers Complete Brokerage Plans for axisdirect
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Account Features

Compare Fyers vs Axis Direct on Account Features

Compare Fyers with Axis Direct on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Axis Direct offers 3-in-1 account where Fyers offers only 2-in-1 account which includes trading and demat account. Algo Trading - Fyers offers Algo Trading where Axis Direct doesn't offers Algo Trading. Margin Funding - Axis Direct offers margin funding where Fyers doesn't offers margin funding. NRI Trading - Axis Direct offers NRI where Fyers doesn't offers NRI Trading.

Account Features - Fyers with Axis Direct
Account Features Compare Fyers Axis Direct
3 in 1 Account No Fyers have 2-in-1 account. Only Demate and Trading account. Yes, Fyers 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 No Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No Yes
Other Features Free Call & trade NIL
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Trading Platform

Compare Fyers vs Axis Direct on Trading Platform

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

Trading Platform - Compare Fyers with Axis Direct
Trading Platform Compare Fyers Axis Direct
Desktop Trading Platform Fyers One DIRECTTrade
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail http://webtrader.fyers.in/userMaster/login https://login.axisdirect.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Fyers Markets AxisDirect Mobile
Mobile Trading App Demo Fyers Markets Demo AxisDirect Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod Fyers Markets Download Andriod AxisDirect Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Fyers Markets Download iOS AxisDirect Mobile 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 Fyers Equity Intraday and Delivery Brokerage Calculator for Axis Direct
Futures Brokerage Calculator Futures Brokerage Calculator for Fyers Futures Brokerage Calculator for Axis Direct
Options Brokerage Calculator Options Brokerage Calculator for Fyers Options Brokerage Calculator for Axis Direct
Detail Detail on Trading Platforms for fyers Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare Fyers vs Axis Direct on User Rating

  Fyers Axis Direct
  5 Customer Reviews    Rate Fyers 4 Customer Reviews    Rate Axis Direct
Fees Ratings 3.4 3.0
Trading Brokerage Rating 3.8 2.5
Trading Platform Usability 4.2 2.8
Customer Service Ratings 4.0 2.8
Overall Ratings Rated 3.8 stars Rated 2.8 stars
Broker Rating Fyers is Rated 3.8 / 5 based on 5 customer reviews Axis Direct is Rated 2.8 / 5 based on 4 customer reviews
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Investment Offerings

Compare Fyers vs Axis Direct on Investment Offerings

Compare Fyers with Axis Direct 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Axis Direct offers trading options in Commodity (MCX) where Fyers doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Fyers with Axis Direct
Investment Offerings Compare Fyers Axis Direct
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application No Yes
Mutual Funds Yes 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 No Yes
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Fyers vs Axis Direct on Order Types

Order Type - Compare Fyers with Axis Direct on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle 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) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Fyers provide Bracket Orders (BO) where Axis Direct 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 facility. The orders are send to exchange on the next trading day. GTC Orders- both offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare Fyers with Axis Direct
Order Type Compare Fyers Axis Direct
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Margin/Leverage

Compare Fyers vs Axis Direct on Margin/Leverage

Comapre Fyers with Axis Direct on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare Fyers with Axis Direct
Margin Product Compare Fyers Axis Direct
Equity Delivery Margin Fyers vs Axis Direct - Equity Delivery Margin No Margin/Leverage for Equity delivery. Upto 4x via Margin Funding for T+30 days
Equity Intraday Margin Fyers vs Axis Direct - Equity Intraday Margin Up to 16x leverage for equity. Upto 6x leverage for equity.
Futures Margin Fyers vs Axis Direct - Futures Margin Up to 4x leverage for equity futures. Upto 2x leverage for futures.
Options Margin Fyers vs Axis Direct - Options Margin Up to 4x for options selling and 1.3x for options buying. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin Fyers vs Axis Direct - Equity CO Margin Up to 20x leverage for equity cover order. Upto 25x margin/leverage in CO for selected equity scripts.
Futures CO Margin Fyers vs Axis Direct - Futures CO Margin Up to 33x leverage for future cover order. Upto 25x margin/leverage in CO.
Options CO Margin Fyers vs Axis Direct - Options CO Margin Up to 33x leverage for options cover order. Upto 50x margin/leverage in CO, Options contracts Sell only.
Commodity Margin Fyers vs Axis Direct - Commodity Margin Info Not Available Upto 2x margin/leverage for Commdities Intraday Futures.
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Customer Service Offered

Compare Fyers vs Axis Direct on Customer Service

Compare Fyers with Axis Direct on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Fyers with Axis Direct
Customer Service Compare Fyers Axis Direct
24/7 Customer Service Fyers vs Axis Direct - 24x7 customer support No No
Email Support Fyers vs Axis Direct - Email Support Yes Yes
Onine Live Chat Fyers vs Axis Direct - Onine Live Chat No Yes
Phone Support Fyers vs Axis Direct - Phone Support Yes Yes
Toll Free Number Fyers vs Axis Direct - Toll Free Number No Yes
Through Branches Fyers vs Axis Direct - Through Branches No Yes
Customer Care Number Fyers vs Axis Direct - Customer Care Number 080 4625 1111 022-61480808
Account Opening Process Fyers vs Axis Direct - Account Opening Process Online/Paperless Offline
Customer Support Email Fyers vs Axis Direct - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Fyers vs Axis Direct - Knowledge Center/Education https://fyers.in/faqs/ https://simplehai.axisdirect.in/learn/overview
Head Office Address Fyers vs Axis Direct - Head Office Address/Corporate Address Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore 560009
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website Fyers vs Axis Direct - Company Website https://fyers.in/ https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Fyers vs Axis Direct on Research Reports, Tips

Compare Fyers with Axis Direct on research reports and tips provided by broker.

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

Compare Fyers vs Axis Direct on Demat Account

Compare Fyers with Axis Direct on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Fyers with Axis Direct
  Fyers Axis Direct
DP Source CDSL CDSL
DP ID Fyers vs Axis Direct - DP ID Info Not Available 49200
Demat Account Annual Maintenance Charges(AMC) 400 - Individual, 500 - Non Individual Rs. 650/- p.a for Ind Rs. 1000/- for NRI p.a and corporates Rs 5000/ p.a for promoter
Advance Deposit NIL Nil
Statutory charges NIL NIL
Transaction Charges on Debit (Per ISIN) Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders] 0.04% of the value of the transaction or Rs. 25- (per Instruction) whichever is higher for securities
Demat 2 per certificate + Rs.35 courier charges Rs. 5/- per certificate or Rs. 50/- per request, whichever is higher
Remat Rs 25 Rs.20/- for every 100 securities or part there of or Rs.50/- per request, whichever is higher
Pledge Creation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Creation Confirmation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Closure 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Closure Confirmation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Invocation 0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Failed Instruction Charges Rs 30 per transaction Nil
Other Charges Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request Any change in client master detail will be charged Rs 25/-

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Special Offers,Advantages,Disadvantages

Compare Fyers vs Axis Direct on Special Offers and Promotion

Compare Fyers with Axis Direct on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Fyers vs Axis Direct on Special Offers and Promotion
  Fyers Axis Direct
Pay In and Pay Out Options Fyers vs Axis Direct - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
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 Fyers vs Axis Direct - Payout Time Upto 24 Hrs except Bank Holidays. Instance to Axis Bank.
Bank Supported and Charges Fyers vs Axis Direct - Bank Supported and Charges 21+ bank connected via payment gatway, Rs 10 fee for per transaction. Info Not Available
Bank Detail Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Direct from your Axis bank account.
Likes
  1. Investment in mutual funds and advice on investment.
  2. Fyers trading and demat account opening is free and no minimum balance is required to open the account.
  3. In house and unique portfolio investment for new entrants in market called thematic investing at Rs 100 per theme.
  4. Detail Review...

Seamless trade through 3 in 1 account, commodity trading, quality research, intutitive and powerful trading tools, robust trading platforms.

Detail Review...

Dislikes
  1. Trading can be done on NSE only.
  2. No own DP service,they have tie-up with IL&FS for demat services.
  3. Automated trading, bracket and cover orders are not available.
  4. DP charges on selling is higher compared to other discount brokers.

Detail Review...

pay for software usage.

Detail Review...

Special Offers/Promo Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments. Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Enquire about Fyers Enquire about Axis Direct

Last Updated on 2019-07-08T01:29:09+00:00







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