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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||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...||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 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 Account Opening Fees||Free||Rs 999|
|Demat Account Opening Fees||Free||Rs 650|
|Demat AMC||Rs 600 PA (Waived for 1st year)||Rs 650 PA|
|Provide DP Service|
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.
|Plan Types||ICICIDirect||Axis Direct|
|Account Opening Request|
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||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|
|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|
Compare ICICIDirect with Axis Direct on transaction charges and PCM fee by segment.
|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|
|Brokerage Charges||Complete Brokerage Plans for icicidirect||Complete Brokerage Plans for axisdirect|
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 Compare||ICICIDirect||Axis Direct|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
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||Axis Direct|
|Desktop Trading Platform||Trade Racer||DIRECTTrade|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.icicidirect.com||https://login.axisdirect.in/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||ICICI direct Mobile||AxisDirect Mobile|
|Mobile Trading App Demo||ICICI direct Mobile Demo||AxisDirect Mobile Demo|
|Android Mobile App|
|Android App Download||Andriod ICICI direct Mobile Download||Andriod AxisDirect Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS ICICI direct Mobile 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 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|
|264 Customer Reviews||4 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|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|
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||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 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 Type Compare||ICICIDirect||Axis Direct|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||ICICIDirect||Axis Direct|
|Equity Delivery Margin||No Delivery margin.||Upto 4x via Margin Funding for T+30 days|
|Equity Intraday Margin||Upto 5x leverage for equity.||Upto 6x leverage for equity.|
|Futures Margin||Upto 2x leverage for futures.||Upto 2x leverage for futures.|
|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||Upto 25x margin/leverage in CO order for selected equity scripts.||Upto 25x margin/leverage in CO for selected equity scripts.|
|Futures CO Margin||Upto 25x margin/leverage in CO order for Futures contracts.||Upto 25x margin/leverage in CO.|
|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||Info Not Available||Upto 2x margin/leverage for Commdities Intraday Futures.|
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 Service Compare||ICICIDirect||Axis Direct|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||33551122||022-61480808|
|Account Opening Process||Offline||Offline|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||ICICI Centre,
H.T. Parekh Marg,
Mumbai – 400020
|Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Mumbai- 400 070.
Compare ICICIDirect with Axis Direct on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare ICICIDirect with Axis Direct on Demat Service and Charges. This section cover about demat charges, demat service and other details
|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/-|
Compare ICICIDirect 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 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||Instance to ICICI Bank.||Instance to Axis Bank.|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|Bank Detail||Direct from your ICICI bank account.||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 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