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SBICAP Securities Vs AxisDirect: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O and Currency. The brokerage of SBICAP Securities ranges between .05 to 0.50% while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Both the brokers are Full Service brokers. SBICAP Securities is having overall higher rating compare to AxisDirect. SBICAP Securities is rated 4 out of 5 where AxisDirect is rated only 3.5 out of 5. Number of active customer for SBICAP Securities is 7,57,635 where number of active customer for AxisDirect is 3,25,971. SBICAP Securities is serving more customer compare to AxisDirect.

Here we present side-by-side comparison of SBICAP 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 SBICAP 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 SBICAP 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 SBICAP 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
  • 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 SBICAP Securities vs AxisDirect on Service

  SBICAP Securities Compare
SBICAP Securities
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? NSE, BSE NSE, BSE
Active Clients 7,57,635 3,25,971
Broker Overview Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ... Know more about SBICAP Securities 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
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Account Opening Charges and AMC

Compare SBICAP Securities vs AxisDirect on Trading & Demat Account Opening Charges

Comparison of SBICAP Securities with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - SBICAP Securities charges Rs 850 for account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - SBICAP Securities 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 SBICAP Securities with AxisDirect
Charges SBICAP Securities AxisDirect
Trading Account Opening Fees Rs 850 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
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About Brokerage Plans

Compare SBICAP Securities vs AxisDirect on Plan Options

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

Compare SBICAP Securities with AxisDirect on Plan Options
Plan Types SBICAP Securities AxisDirect
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare SBICAP Securities vs AxisDirect on Brokerage Charges

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

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 SBICAP Securities with AxisDirect
Brokerage Charges Compare SBICAP Securities AxisDirect
Plan Name Standard or default brokerage plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.50% 0.50% (Each leg)
Equity Intraday 0.05% 0.05% (Each leg)
Equity Futures 0.05% 0.05% (Each leg)
Equity Options Rs 100 Per Lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.03% 0.05% (Each Leg)
Currency Options Rs 30 Per Lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading Rs. 100 per lot Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future NIL
Hidden Charges Info Not Available No
Funding Yes - 24% interest PA Yes - 18% interest PA
Call & Trade Charges Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges First Free 30 per month, after Rs 10 per square-off 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for SBICAP Securities Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare SBICAP Securities vs AxisDirect on Transaction Charges

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

Transaction Charges - Compare SBICAP Securities with AxisDirect
Transaction Charges Compare SBICAP Securities 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 NA
Brokerage Charges Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for axisdirect
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Account Features

Compare SBICAP Securities vs AxisDirect on Account Features

Compare SBICAP Securities with AxisDirect 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 trading. Margin Funding - AxisDirect offers a margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - SBICAP Securities with AxisDirect
Account Features Compare SBICAP Securities AxisDirect
3 in 1 Account Yes, SBICAP Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, SBICAP Securities 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 No Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 2:45 PM
NRI Trading Yes Yes
Other Features Trading software terminal: ODIN Diet NIL
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Trading Platform

Compare SBICAP Securities vs AxisDirect on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SBICAP 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 SBICAP Securities with AxisDirect
Trading Platform Compare SBICAP Securities AxisDirect
Desktop Trading Platform SBISMART XPRESS - NextTrader 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://login1.sbismart.com/nidp/app/login https://login.axisdirect.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App SBISMART AxisDirect Ring Mobile App
Mobile Trading App Demo SBISMART Demo AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod SBISMART Download Andriod AxisDirect Ring Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS SBISMART Download iOS AxisDirect Ring Mobile App 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 SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare SBICAP Securities vs AxisDirect on User Rating

  SBICAP Securities AxisDirect
  78 Customer Reviews    Rate SBICAP Securities 6 Customer Reviews    Rate AxisDirect
Fees Ratings 3.3 2.5
Trading Brokerage Rating 3.1 2.0
Trading Platform Usability 2.8 3.2
Customer Service Ratings 2.7 2.7
Overall Ratings 2.7 2.3
Broker Rating SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare SBICAP Securities vs AxisDirect on Investment Offerings

Compare SBICAP 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 - AxisDirect offers trading options in Commodity (MCX) where SBICAP Securities doesn't offer. 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 SBICAP Securities with AxisDirect
Investment Offerings Compare SBICAP Securities AxisDirect
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 No Yes
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare SBICAP Securities vs AxisDirect on Order Types

Order Type - Compare SBICAP 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) - SBICAP 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 Types - Compare SBICAP Securities with AxisDirect
Order Type Compare SBICAP Securities 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 Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare SBICAP Securities vs AxisDirect on Customer Service

Compare SBICAP 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 Support - Compare SBICAP Securities with AxisDirect
Customer Service Compare SBICAP Securities AxisDirect
24/7 Customer Service SBICAP Securities vs AxisDirect - 24x7 customer support No No
Email Support SBICAP Securities vs AxisDirect - Email Support Yes Yes
Onine Live Chat SBICAP Securities vs AxisDirect - Onine Live Chat No Yes
Phone Support SBICAP Securities vs AxisDirect - Phone Support Yes Yes
Toll Free Number SBICAP Securities vs AxisDirect - Toll Free Number Yes Yes
Through Branches SBICAP Securities vs AxisDirect - Through Branches Yes Yes
Customer Care Number SBICAP Securities vs AxisDirect - Customer Care Number 022 6854 5555 022-61480808
Account Opening Process SBICAP Securities vs AxisDirect - Account Opening Process Offline Online
Customer Support Email SBICAP Securities vs AxisDirect - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SBICAP Securities vs AxisDirect - Knowledge Center/Education https://www.sbismart.com/education https://simplehai.axisdirect.in/learn/overview
Head Office Address SBICAP Securities vs AxisDirect - Head Office Address/Corporate Address SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website SBICAP Securities vs AxisDirect - Company Website https://www.sbismart.com https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare SBICAP Securities vs AxisDirect on Research Reports, Tips

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

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

Compare SBICAP Securities vs AxisDirect on Demat Account

Compare SBICAP Securities 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 SBICAP Securities is ₹500.

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 SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300) 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 SBICAP Securities with AxisDirect
  SBICAP Securities AxisDirect
DP Source CDSL CDSL
DP ID SBICAP Securities vs AxisDirect - DP ID 19300 49200
Demat Account Annual Maintenance Charges(AMC) ₹500 ₹500 pa
Advance Deposit 0 for all Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.01% of the transaction value (Min ₹21 and Max ₹300) ₹10
Demat ₹5 per certificate + ₹35 courier charges ₹3 per certificate
Remat ₹35 per certificate + CDSL Charges ₹10 for every hundred securities (Min ₹10)
Pledge Creation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹25
Pledge Creation Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹25
Pledge Closure 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹25
Pledge Closure Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹25
Pledge Invocation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Failed Instruction Charges ₹10 Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare SBICAP Securities vs AxisDirect on Special Offers and Promotion

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

Compare SBICAP Securities vs AxisDirect on Special Offers and Promotion
  SBICAP Securities AxisDirect
Pay In and Pay Out Options SBICAP Securities 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 SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
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 SBICAP Securities vs AxisDirect - Payout Time Upto 24 Hrs except Bank Holidays. Instant to Axis Bank.
Bank Supported and Charges SBICAP Securities vs AxisDirect - Bank Supported and Charges Direct to SBI Bank. Info Not Available
Bank Detail Direct to SBI bank account Direct from your Axis bank account.
Likes
  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

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
  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

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 2023-09-13T02:35:55+00:00