The brokerage of Indira Securities ranges between Rs 20 while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Both the brokers are Full Service brokers. Indira Securities is having overall higher rating compare to AxisDirect. Indira Securities is rated 4 out of 5 where AxisDirect is rated only 3.5 out of 5.
Here we present side-by-side comparison of Indira Securities 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 Indira Securities 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 Indira Securities 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 Indira Securities 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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX||BSE, NSE|
|Broker Overview||Indira Securities, one of the best brokerage houses with the cheapest brokerage offering a free Indira Securities 2-in-1 account, highly advanced trading platforms like TradeInsta mobile app, free research and advisory, and excellent customer service...||Since its inception in 2005, Axis Securities Limited aims to become a leading player in the Retail Broking Industry. The Broker is engaged in the business of marketing and selling of financial products of the Axis Bank Limited. The broker offers a si...|
Comparison of Indira Securities with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Indira Securities offer Free account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - Indira Securities charges Rs 450 PA (2nd Year Onward) AMC for Demat account where AxisDirect charges Rs 750 PA (Waived for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Free||Rs 999|
|Demat Account Opening Fees||Free||Rs 650|
|Demat AMC||Rs 450 PA (2nd Year Onward)||Rs 750 PA (Waived for 1st year)|
|Provide DP Service|
Plans are the most important feature you look when compare Indira Securities with AxisDirect. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy. Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Indira Securities||AxisDirect|
|Account Opening Request|
Indira Securities Brokerage Plan detail - IndiraTrade have both the plans for its client, discount brokerage plan is a flat fee of Rs 20 per executed order plan for Equity Cash, Equity F&O, Currency & Commodities.
AxisDirect 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||Indira Securities||AxisDirect|
|Plan Name||Flat Fee Rs 20 Trading Plan||Fixed Brokerage Trading Plan (Percentage Based)|
|Equity Delivery||Flat Fee Rs 20||0.5% or 50 paisa|
|Equity Intraday||Flat Fee Rs 20||0.05% or 5 paisa|
|Equity Futures||Flat Fee Rs 20||0.05% or 5 paisa|
|Equity Options||Flat Fee Rs 20||Rs 10 Per Lot|
|Currency Futures||Flat Fee Rs 20||0.05% or 5 paisa|
|Currency Options||Flat Fee Rs 20||Rs 20 Per Lot|
|Commodity Trading||Flat Fee Rs 20||Futures - .03 or 3 paisa, Options - Rs 50 Per Lot|
|Hidden Charges||Info Not Available||No|
|Funding||Yes - 18% interest PA||Yes - 18% interest PA|
|Call & Trade Charges||Free||20 calls Free and after that Rs 20 per call|
|Brokerage Calculator||Brokerage Calculator for Indira Securities||Brokerage Calculator for AxisDirect|
|SPAN Margin Calculator||SPAN Margin Calculator for Indira Securities||SPAN Margin Calculator for AxisDirect|
Compare Indira Securities with AxisDirect on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Indira Securities||AxisDirect|
|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 120 Per Cr||Rs 100 Per Cr|
|Currency Options||Rs 500 Per Cr||Rs 4000 Per Cr|
|Commodity||Non-Agri Rs 260| Agri Rs 600 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for indira-securities||Complete Brokerage Plans for axisdirect|
Compare Indira Securities with AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 account where Indira Securities offers only 2-in-1 account which includes trading and demat account. Algo Trading - Indira Securities 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 - Both broker provides NRI Trading facility.
|Account Features Compare||Indira Securities||AxisDirect|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15 PM||2:45 PM|
With our expert research team, we have compared all the major features of Trading platform b/w Indira Securities 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||Indira Securities||AxisDirect|
|Desktop Trading Platform||ODIN Diet||DIRECTTrade|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.indiratrade.com/trade-online||https://login.axisdirect.in/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||TradeInsta||AxisDirect Mobile|
|Mobile Trading App Demo||TradeInsta Demo||AxisDirect Mobile Demo|
|Android Mobile App|
|Android App Download||Andriod TradeInsta Download||Andriod AxisDirect Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS TradeInsta 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 Indira Securities||Equity Intraday and Delivery Brokerage Calculator for AxisDirect|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Indira Securities||Futures Brokerage Calculator for AxisDirect|
|Options Brokerage Calculator||Options Brokerage Calculator for Indira Securities||Options Brokerage Calculator for AxisDirect|
|Detail||Detail on Trading Platforms for indira-securities||Detail on Trading Platforms for axisdirect|
|1 Customer Reviews||6 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Indira Securities is Rated 3.0 / 5 based on 1 customer reviews||AxisDirect is Rated 2.3 / 5 based on 6 customer reviews|
Compare Indira Securities 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||Indira Securities||AxisDirect|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Indira Securities 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) - Indira Securities 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||Indira Securities||AxisDirect|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Indira Securities with AxisDirect on Exposure/Margin offered by the 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||Indira Securities||AxisDirect|
|Equity Delivery Margin||No Margin/Leverage for Equity Delivery.||Upto 4x via Margin Funding for T+30 days|
|Equity Intraday Margin||Up to 3x to 10x leverage for equity MIS orders.||Up to 10x or 10% subject to Var and ELM.|
|Futures Margin||Up to 4x leverage for Stocks.||1x means actual SPAN + Exposure.|
|Options Margin||Up to 3x exposure for Options shorting, No leverage for Options Buying.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
|Equity CO Margin||Info Not Available||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.|
|Futures CO Margin||Info Not Available||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.|
|Options CO Margin||Info Not Available||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.|
|Commodity Margin||Up to 4x leverage for MCX futures.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
Compare Indira Securities 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||Indira Securities||AxisDirect|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||022-66224202,204||022-61480808|
|Account Opening Process||Online/Paperless||Offline|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||
||Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Mumbai- 400 070.
Compare Indira Securities with AxisDirect on research reports and tips provided by the broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Indira Securities with AxisDirect on Demat Service and Charges. This section covers about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹450 pa (Second year onwards)||₹500 pa|
|Transaction Charges on Debit (Per ISIN)||₹20 or 0.02% whichever is higher||₹10|
|Demat||₹5 per certificate + ₹35 courier charges||₹3 per certificate|
|Remat||₹50 per RRN||₹10 for every hundred securities (Min ₹10)|
|Pledge Creation Confirmation||Nil||₹25|
|Pledge Closure Confirmation||Nil||₹25|
|Pledge Invocation||₹50 or 0.02% whichever is higher||Nil|
|Failed Instruction Charges||₹25||Nil|
|Other Charges||Book Charges ₹20,POA Charges ₹130||Nil|
Compare Indira Securities with AxisDirect on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta.
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.
Max 24 hrs except bank holidays
|Instant to Axis Bank.|
|Bank Supported and Charges||
Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).
|Info Not Available|
|Bank Detail||HDFC Bank
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
|Direct from your Axis bank account.|
|Special Offers/Promo||Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.||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 Indira Securities||Enquire about AxisDirect|
Last Updated on 2020-12-07T11:46:14+00:00