FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Karvy Vs AxisDirect: Which one is better?

Both the brokers are registered with SEBI. Karvy offers investmenet in Equity, F&O, Currency and Commodities, where AxisDirect offers investment in Equity, F&O and Currency only. The brokerage of Karvy ranges between 0.03 to 0.3% while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Both the brokers are Full Service brokers. Karvy is having overall higher rating compare to AxisDirect. Karvy is rated 4 out of 5 where AxisDirect is rated only 3.5 out of 5. Number of active customer for AxisDirect is 3,63,904 where number of active customer for Karvy is . AxisDirect is serving more customer compare to Karvy.

Here we present side-by-side comparison of Karvy 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 Karvy 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 Karvy 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 Karvy vs AxisDirect's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

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.

Compare Karvy vs AxisDirect on Service

  Karvy Compare
Karvy
AxisDirect Compare
AxisDirect
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, MCX, NCDEX NSE, BSE
Active Clients 3,63,904
Broker Overview One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory. Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis...Know more about AxisDirect
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare Karvy vs AxisDirect on Trading & Demat Account Opening Charges

Comparison of Karvy with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Karvy offer Free account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - Karvy charges Rs 500 PA AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Karvy with AxisDirect
Charges Karvy AxisDirect
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 500 PA Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Karvy vs AxisDirect on Plan Options

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

Compare Karvy with AxisDirect on Plan Options
Plan Types Karvy AxisDirect
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Karvy vs AxisDirect on Brokerage Charges

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Brokerage Charges - Compare Karvy with AxisDirect
Brokerage Charges Compare Karvy AxisDirect
Plan Name Basic Trading Plan (Percentage Based) Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.3% or 30 paisa 0.50% (Each leg)
Equity Intraday 0.03% or 3 paisa 0.05% (Each leg)
Equity Futures 0.03% or 3 paisa 0.05% (Each leg)
Equity Options Rs 50 Per Lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.03% or 3 paisa 0.05% (Each Leg)
Currency Options Rs 50 Per Lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading 0.03% or 3 paisa Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available No
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Call 18004198283 number for Call and Trade, SMS Order faclity also available Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges Call 18004198283 number for Call and Trade, SMS Order faclity also available 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Karvy Brokerage Calculator for AxisDirect
Expand

Share Broker's Transaction Charges

Compare Karvy vs AxisDirect on Transaction Charges

Compare Karvy with AxisDirect on transaction charges and PCM fee by segment.

Transaction Charges - Compare Karvy with AxisDirect
Transaction Charges Compare Karvy AxisDirect
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for karvy Complete Brokerage Plans for axisdirect
Expand

Account Features

Compare Karvy vs AxisDirect on Account Features

Compare Karvy 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 Karvy offers only 2-in-1 account which includes trading and demat account. Algo Trading - Karvy offers Algo Trading where AxisDirect doesn't offers Algo Trading. Margin Funding - AxisDirect offers a margin funding where Karvy doesn't offers margin funding. NRI Trading - AxisDirect offers NRI where Karvy doesn't offers NRI Trading.

Account Features - Karvy with AxisDirect
Account Features Compare Karvy AxisDirect
3 in 1 Account No Karvy have 2-in-1 account. Only Demate and Trading account. Yes, Karvy have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 2:45 PM
NRI Trading No Yes
Other Features NIL NIL
Expand

Trading Platform

Compare Karvy vs AxisDirect on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Karvy 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 Karvy with AxisDirect
Trading Platform Compare Karvy AxisDirect
Desktop Trading Platform Karvy NESTTrader Ring
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.karvyonline.com/KARVY/Login/indexauth.jsp https://login.axisdirect.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App KarvyOnline AxisDirect Ring Mobile App
Mobile Trading App Demo KarvyOnline Demo AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod KarvyOnline Download Andriod AxisDirect Ring Mobile App Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS KarvyOnline Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Karvy Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Karvy Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for Karvy Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for karvy Detail on Trading Platforms for axisdirect

Expand

Broker Ratings by Users

Compare Karvy vs AxisDirect on User Rating

  Karvy AxisDirect
  3 Customer Reviews    Rate Karvy 6 Customer Reviews    Rate AxisDirect
Fees Ratings 2.7 2.5
Trading Brokerage Rating 2.3 2.0
Trading Platform Usability 2.3 3.2
Customer Service Ratings 3.7 2.7
Overall Ratings 2.7 2.3
Broker Rating Karvy is Rated 2.7 / 5 based on 3 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
Expand

Investment Offerings

Compare Karvy vs AxisDirect on Investment Offerings

Compare Karvy 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) - Karvy provide PMS Service where AxisDirect doesn't offer

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

Order Types

Compare Karvy vs AxisDirect on Order Types

Order Type - Compare Karvy 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) - Karvy 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)- AxisDirect offers After market orders where Karvy doesn't offers AMO. GTC Orders- AxisDirect offers Good Till Cancelled (GTC) orders where Karvy doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Karvy with AxisDirect
Order Type Compare Karvy AxisDirect
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes No
AMO-After Market Orders No Yes
GTC-Good Till Cancelled No Yes
Expand

Customer Service Offered

Compare Karvy vs AxisDirect on Customer Service

Compare Karvy 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 Support - Compare Karvy with AxisDirect
Customer Service Compare Karvy AxisDirect
24/7 Customer Service Karvy vs AxisDirect - 24x7 customer support No No
Email Support Karvy vs AxisDirect - Email Support Yes Yes
Onine Live Chat Karvy vs AxisDirect - Onine Live Chat No Yes
Phone Support Karvy vs AxisDirect - Phone Support Yes Yes
Toll Free Number Karvy vs AxisDirect - Toll Free Number Yes Yes
Through Branches Karvy vs AxisDirect - Through Branches Yes Yes
Customer Care Number Karvy vs AxisDirect - Customer Care Number 18004198283/7093706007/18004198283 022-61480808
Account Opening Process Karvy vs AxisDirect - Account Opening Process Online/Paperless Online
Customer Support Email Karvy vs AxisDirect - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Karvy vs AxisDirect - Knowledge Center/Education https://www.karvyonline.com/knowledge-center/index https://simplehai.axisdirect.in/learn/overview
Head Office Address Karvy vs AxisDirect - Head Office Address/Corporate Address Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website Karvy vs AxisDirect - Company Website www.karvyonline.com https://simplehai.axisdirect.in
Expand

Tips/Research/Reports Published

Compare Karvy vs AxisDirect on Research Reports, Tips

Compare Karvy with AxisDirect on research reports and tips provided by the broker.

Research Reports - Compare Karvy with AxisDirect
  Karvy AxisDirect
Research Mutual Funds Karvy vs AxisDirect - Research Mutual Funds No Yes
Research Equity Reports Karvy vs AxisDirect - Research Equity Reports No Yes
Research ETF Karvy vs AxisDirect - Research ETF No Yes
Daily Market Report Karvy vs AxisDirect - Daily Market Report Yes Yes
Free Tips Karvy vs AxisDirect - Free Tips Yes Yes
Quarterly Result Analysis Karvy vs AxisDirect - Quarterly Results Yes Yes
News Alerts Karvy vs AxisDirect - Yes Yes
Expand

Demat Account

Compare Karvy vs AxisDirect on Demat Account

Compare Karvy with AxisDirect on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for AxisDirect is ₹500 pa where for Karvy is ₹365 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Karvy is ₹15 per transaction where for AxisDirect is ₹10.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Karvy with AxisDirect
  Karvy AxisDirect
DP Source CDSL CDSL
DP ID Karvy vs AxisDirect - DP ID 33200 49200
Demat Account Annual Maintenance Charges(AMC) ₹365 pa ₹500 pa
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹15 per transaction ₹10
Demat ₹5 per certificate + ₹40 courier charges ₹3 per certificate
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) ₹10 for every hundred securities (Min ₹10)
Pledge Creation 0.03% of transaction value (Min ₹100 and Max ₹5k) ₹25
Pledge Creation Confirmation 0.03% of transaction value (Min ₹100 and Max ₹5k) ₹25
Pledge Closure 0.03% of transaction value (Min ₹100 and Max ₹5k) ₹25
Pledge Closure Confirmation 0.03% of transaction value (Min ₹100 and Max ₹5k) ₹25
Pledge Invocation 0.03% of transaction value (Min ₹100 and Max ₹5k) Nil
Failed Instruction Charges ₹100 Nil
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Karvy vs AxisDirect on Special Offers and Promotion

Compare Karvy with AxisDirect on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Karvy vs AxisDirect on Special Offers and Promotion
  Karvy AxisDirect
Pay In and Pay Out Options Karvy vs AxisDirect - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Karvy Broking Trading Platform.
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 Karvy vs AxisDirect - Payout Time Upto 24 Hrs except Bank Holidays. Instant to Axis Bank.
Bank Supported and Charges Karvy vs AxisDirect - Bank Supported and Charges Around 40+ bank are prefered parter with Karvy Stock Broking. Info Not Available
Bank Detail Info Not Available Direct from your Axis bank account.
Likes

Detail Review...

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

Detail Review...

Dislikes
  • 3-in-1 account opening facility is not available with Karvy.

Detail Review...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

Special Offers/Promo Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2020-04-07T10:51:20+00:00