Compare 3 Brokers

ICICIDirect Vs Axis Direct: Which one is better?

The brokerage of ICICIDirect ranges between 0.05 to .55% while the brokerage of Axis Direct ranges between 0.05% to 0.5%. Both the brokers are Full Service brokers. ICICIDirect is having overall higher rating compare to Axis Direct. ICICIDirect 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 ICICIDirect 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 ICICIDirect 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 ICICIDirect vs Axis Direct on Service

  ICICIDirect Compare
ICICIDirect
Axis Direct Compare
Axis Direct
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 BSE, NSE
Broker Overview ICICI Direct, pioneering online trading platform of ICICI Securities, charges more than its competitors,but delivers with a fantastic platform and innovative offering and strong customer service. With these attributes, the company earns its No. 1 ove... Know more about ICICIDirect 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 ICICIDirect. 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 ICICIDirect vs Axis Direct on Trading & Demat Account Opening Charges

In this section we have compared ICICIDirect with Axis Direct on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect offer Free account opening where Axis Direct charges Rs 999 for account opeing. Demat AMC charges - ICICIDirect charges Rs 600 PA (Waived for 1st year) AMC for Demat account where Axis Direct charges Rs 650 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect with Axis Direct
Charges ICICIDirect Axis Direct
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Rs 650
Demat AMC Rs 600 PA (Waived for 1st year) Rs 650 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Axis Direct on Plan Options

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

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

Account Opening

  ICICIDirect Axis Direct
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs Axis Direct on Brokerage Charges

ICICIDirect Brokerage Plan detail - This is an ICICIDirect fixed brokerage plan irrespective of turnover volume best suited for casual traders.

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 ICICIDirect with Axis Direct
Brokerage Charges Compare ICICIDirect Axis Direct
Plan Name I-Secure Trading Plan (Percentage Based) Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.55% or 55 paisa 0.5% or 50 paisa
Equity Intraday 0.03% or 3 paisa 0.05% or 5 paisa
Equity Futures 0.05% or 5 paisa 0.05% or 5 paisa
Equity Options Rs 95 Per Lot Rs 10 Per Lot
Currency Futures 0.05% or 5 paisa 0.05% or 5 paisa
Currency Options Rs 25 Per Lot Rs 20 Per Lot
Commodity Trading NA Futures - .03 or 3 paisa, Options - Rs 50 Per Lot
Minimum Brokerage Rs 35 per trade NIL
Hidden Charges Yes No
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges First 20 call free and Rs 25 there onwards. 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Axis Direct
SPAN Margin Calculator SPAN Margin Calculator for ICICIDirect SPAN Margin Calculator for Axis Direct
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Share Broker's Transaction Charges

Compare ICICIDirect vs Axis Direct on Transaction Charges

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

Transaction Charges - Compare ICICIDirect with Axis Direct
Transaction Charges Compare ICICIDirect 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 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 100 Per Cr Rs 100 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity NA
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for axisdirect
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Account Features

Compare ICICIDirect vs Axis Direct on Account Features

Compare ICICIDirect with Axis Direct 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 - both doesn't offers Algo tradig. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - both brokers provides NRI Trading facility.

Account Features - ICICIDirect with Axis Direct
Account Features Compare ICICIDirect Axis Direct
3 in 1 Account Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, ICICIDirect 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 No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare ICICIDirect vs Axis Direct on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect 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 ICICIDirect with Axis Direct
Trading Platform Compare ICICIDirect Axis Direct
Desktop Trading Platform Trade Racer DIRECTTrade
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) Yes No
Web Trading Platform Yes Yes
Web Trading Detail https://www.icicidirect.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 ICICI direct Mobile AxisDirect Mobile
Mobile Trading App Demo ICICI direct Mobile Demo AxisDirect Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod AxisDirect Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ICICI direct Mobile 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 ICICIDirect Equity Intraday and Delivery Brokerage Calculator for Axis Direct
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for Axis Direct
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Axis Direct
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare ICICIDirect vs Axis Direct on User Rating

  ICICIDirect Axis Direct
  264 Customer Reviews    Rate ICICIDirect 4 Customer Reviews    Rate Axis Direct
Fees Ratings 2.4 3.0
Trading Brokerage Rating 1.8 2.5
Trading Platform Usability 3.3 2.8
Customer Service Ratings 2.8 2.8
Overall Ratings Rated 2.5 stars Rated 2.8 stars
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 264 customer reviews Axis Direct is Rated 2.8 / 5 based on 4 customer reviews
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Investment Offerings

Compare ICICIDirect vs Axis Direct on Investment Offerings

Compare ICICIDirect 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 ICICIDirect doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - ICICIDirect provide PMS Service where Axis Direct doesn't offer

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

Compare ICICIDirect vs Axis Direct on Order Types

Order Type - Compare ICICIDirect 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) - both brokers don't have Bracket Orders (BO).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 ICICIDirect with Axis Direct
Order Type Compare ICICIDirect Axis Direct
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Margin/Leverage

Compare ICICIDirect vs Axis Direct on Margin/Leverage

Comapre ICICIDirect 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 ICICIDirect with Axis Direct
Margin Product Compare ICICIDirect Axis Direct
Equity Delivery Margin ICICIDirect vs Axis Direct - Equity Delivery Margin No Delivery margin. Upto 4x via Margin Funding for T+30 days
Equity Intraday Margin ICICIDirect vs Axis Direct - Equity Intraday Margin Upto 5x leverage for equity. Upto 6x leverage for equity.
Futures Margin ICICIDirect vs Axis Direct - Futures Margin Upto 2x leverage for futures. Upto 2x leverage for futures.
Options Margin ICICIDirect vs Axis Direct - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin ICICIDirect vs Axis Direct - Equity CO Margin Upto 25x margin/leverage in CO order for selected equity scripts. Upto 25x margin/leverage in CO for selected equity scripts.
Futures CO Margin ICICIDirect vs Axis Direct - Futures CO Margin Upto 25x margin/leverage in CO order for Futures contracts. Upto 25x margin/leverage in CO.
Options CO Margin ICICIDirect vs Axis Direct - Options CO Margin Upto 25x margin/leverage in CO order for options contracts sell only. Upto 50x margin/leverage in CO, Options contracts Sell only.
Commodity Margin ICICIDirect vs Axis Direct - Commodity Margin Info Not Available Upto 2x margin/leverage for Commdities Intraday Futures.
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Customer Service Offered

Compare ICICIDirect vs Axis Direct on Customer Service

Compare ICICIDirect 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 ICICIDirect with Axis Direct
Customer Service Compare ICICIDirect Axis Direct
24/7 Customer Service ICICIDirect vs Axis Direct - 24x7 customer support No No
Email Support ICICIDirect vs Axis Direct - Email Support Yes Yes
Onine Live Chat ICICIDirect vs Axis Direct - Onine Live Chat No Yes
Phone Support ICICIDirect vs Axis Direct - Phone Support Yes Yes
Toll Free Number ICICIDirect vs Axis Direct - Toll Free Number No Yes
Through Branches ICICIDirect vs Axis Direct - Through Branches Yes Yes
Customer Care Number ICICIDirect vs Axis Direct - Customer Care Number 33551122 022-61480808
Account Opening Process ICICIDirect vs Axis Direct - Account Opening Process Offline Offline
Customer Support Email ICICIDirect vs Axis Direct - Customer Support Email [email protected] [email protected]
Knowledge Center/Education ICICIDirect vs Axis Direct - Knowledge Center/Education http://content.icicidirect.com/indexfaq.asp https://simplehai.axisdirect.in/learn/overview
Head Office Address ICICIDirect vs Axis Direct - Head Office Address/Corporate Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai 400020
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website ICICIDirect vs Axis Direct - Company Website https://www.icicidirect.com https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare ICICIDirect vs Axis Direct on Research Reports, Tips

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

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

Compare ICICIDirect vs Axis Direct on Demat Account

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

Demat Charges - Compare ICICIDirect with Axis Direct
  ICICIDirect Axis Direct
DP Source CDSL CDSL
DP ID ICICIDirect vs Axis Direct - DP ID 14300 49200
Demat Account Annual Maintenance Charges(AMC) Payable yearly in advance ? For Individual account : Rs. 500 p.a. For Corporate a/c : 1500 p.a. Rs. 650/- p.a for Ind Rs. 1000/- for NRI p.a and corporates Rs 5000/ p.a for promoter
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account Nil
Statutory charges Stamp Duty at actuals NIL
Transaction Charges on Debit (Per ISIN) For Normal Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/-) For Debt instruments Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/- & Max Rs.500/-) 0.04% of the value of the transaction or Rs. 25- (per Instruction) whichever is higher for securities
Demat Rs.50 /- Per Demat Request Form and Rs.10/- For Each Certificates Rs. 5/- per certificate or Rs. 50/- per request, whichever is higher
Remat Rs. 30 + CDSL actuals Rs.20/- for every 100 securities or part there of or Rs.50/- per request, whichever is higher
Pledge Creation 0.03 % or minimum of Rs. 50/- 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Creation Confirmation 0.03 % or minimum of Rs. 50/- 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Closure 0.03 % or minimum of Rs. 50/- 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Closure Confirmation 0.03 % or minimum of Rs. 50/- 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Invocation 0.03 % or minimum of Rs. 50/- 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Failed Instruction Charges Rejection/Fails Rs.30/- Nil
Other Charges a) Mailing charges for non periodic statements and other communication , Rs. 50 for inland and Rs. 500.0 for foreign address . b) Rs. 200/- for restoring services if account is suspended for non payment of charges. Any change in client master detail will be charged Rs 25/-

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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Axis Direct on Special Offers and Promotion

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

Compare ICICIDirect vs Axis Direct on Special Offers and Promotion
  ICICIDirect Axis Direct
Pay In and Pay Out Options ICICIDirect vs Axis Direct - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
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 ICICIDirect vs Axis Direct - Payout Time Instance to ICICI Bank. Instance to Axis Bank.
Bank Supported and Charges ICICIDirect vs Axis Direct - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Direct from your ICICI bank account. Direct from your Axis bank account.
Likes
  • 3-in-1 online trading account.
  • Rich research offering.
  • 24/7 customer service.
  • Easy-to-use website.
  • Innovative offerings like - Margin, MarginPlus, BTST, SPOT.
  • Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance.

Detail Review...

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

Detail Review...

Dislikes
  • Minimum brokerage charges.
  • No commodity trading.
  • High brokerage.
  • Not a good fit for small and penny stock traders.
  • Charges for trading terminal usage.

Detail Review...

pay for software usage.

Detail Review...

Special Offers/Promo Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. 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 ICICIDirect Enquire about Axis Direct

Last Updated on 2019-07-08T23:24:28+00:00







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