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.
|Broker Type||Discount Broker||Full Service Broker|
|Exchanges Supported||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.|
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 Account Opening Fees||Free||Rs 999|
|Demat Account Opening Fees||Free||Rs 650|
|Demat AMC||Rs 400 PA||Rs 650 PA|
|Provide DP Service|
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.
|Plan Types||Fyers||Axis Direct|
|Account Opening Request|
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||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|
|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|
Compare Fyers with Axis Direct on transaction charges and PCM fee by segment.
|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|
|Brokerage Charges||Complete Brokerage Plans for fyers||Complete Brokerage Plans for axisdirect|
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 Compare||Fyers||Axis Direct|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||Free Call & trade||NIL|
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||Axis Direct|
|Desktop Trading Platform||Fyers One||DIRECTTrade|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||http://webtrader.fyers.in/userMaster/login||https://login.axisdirect.in/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Fyers Markets||AxisDirect Mobile|
|Mobile Trading App Demo||Fyers Markets Demo||AxisDirect Mobile Demo|
|Android Mobile App|
|Android App Download||Andriod Fyers Markets Download||Andriod AxisDirect Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Fyers Markets Download||iOS AxisDirect Mobile 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 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|
|5 Customer Reviews||4 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|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|
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||Axis Direct|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
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 Type Compare||Fyers||Axis Direct|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||Fyers||Axis Direct|
|Equity Delivery Margin||No Margin/Leverage for Equity delivery.||Upto 4x via Margin Funding for T+30 days|
|Equity Intraday Margin||Up to 16x leverage for equity.||Upto 6x leverage for equity.|
|Futures Margin||Up to 4x leverage for equity futures.||Upto 2x leverage for futures.|
|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||Up to 20x leverage for equity cover order.||Upto 25x margin/leverage in CO for selected equity scripts.|
|Futures CO Margin||Up to 33x leverage for future cover order.||Upto 25x margin/leverage in CO.|
|Options CO Margin||Up to 33x leverage for options cover order.||Upto 50x margin/leverage in CO, Options contracts Sell only.|
|Commodity Margin||Info Not Available||Upto 2x margin/leverage for Commdities Intraday Futures.|
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 Service Compare||Fyers||Axis Direct|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||080 4625 1111||022-61480808|
|Account Opening Process||Online/Paperless||Offline|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore – 560009
|Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Mumbai- 400 070.
Compare Fyers with Axis Direct on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Fyers with Axis Direct on Demat Service and Charges. This section cover about demat charges, demat service and other details
|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|
|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/-|
Compare Fyers with Axis Direct on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|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||Upto 24 Hrs except Bank Holidays.||Instance to Axis Bank.|
|Bank Supported and Charges||21+ bank connected via payment gatway, Rs 10 fee for per transaction.||Info Not Available|
|Bank Detail||Fyers Securities,
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
|Direct from your Axis bank account.|
Seamless trade through 3 in 1 account, commodity trading, quality research, intutitive and powerful trading tools, robust trading platforms.
pay for software usage.
|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