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Zerodha Vs AxisDirect: Which one is better?

Both the brokers are registered with SEBI. Zerodha offers investmenet in Equity, F&O, Currency and Commodities, where AxisDirect offers investment in Equity, F&O and Currency only. The brokerage of Zerodha Max Rs 20 per trade while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Zerodha is a Discount Broker where AxisDirect is a Full Service Broker. Zerodha is having overall higher rating compare to AxisDirect. Zerodha is rated 4.5 out of 5 where AxisDirect is rated only 3.5 out of 5. Number of active customer for Zerodha is 69,94,952 where number of active customer for AxisDirect is 3,42,472. Zerodha is serving more customer compare to AxisDirect.

Here we present side-by-side comparison of Zerodha 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 Zerodha 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 Zerodha 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 Zerodha 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 Zerodha vs AxisDirect on Service

  Zerodha Compare
Zerodha
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX NSE, BSE
Active Clients 69,94,952 3,42,472
Broker Overview Zerodha is the game-changing discount broker with the concept of an Rs. 20/order flat brokerage model and commission-free direct mutual fund investment platform in India. Free delivery trading, the superfast Zerodha Kite app, and web trading platform... Know more about Zerodha 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 Zerodha vs AxisDirect on Trading & Demat Account Opening Charges

Comparison of Zerodha with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - Zerodha charges Rs 300 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 Zerodha with AxisDirect
Charges Zerodha AxisDirect
Trading Account Opening Fees Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Zerodha vs AxisDirect on Plan Options

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

Compare Zerodha with AxisDirect on Plan Options
Plan Types Zerodha 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 Zerodha vs AxisDirect on Brokerage Charges

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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 Zerodha with AxisDirect
Brokerage Charges Compare Zerodha AxisDirect
Plan Name Max Rs 20 per order Trading Plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery Free 0.50% (Each leg)
Equity Intraday 0.03% or Rs 20 whichever is lower 0.05% (Each leg)
Equity Futures 0.03% or Rs 20 whichever is lower 0.05% (Each leg)
Equity Options Flat Fee Rs 20 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.03% or Rs 20 whichever is lower 0.05% (Each Leg)
Currency Options Flat Fee Rs 20 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading Flat Fee Rs 20 Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Rs 50 Per Executable Order Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges Rs 50 Per Executable Order 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Zerodha Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare Zerodha vs AxisDirect on Transaction Charges

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

Transaction Charges - Compare Zerodha with AxisDirect
Transaction Charges Compare Zerodha 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 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for zerodha Complete Brokerage Plans for axisdirect
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Account Features

Compare Zerodha vs AxisDirect on Account Features

Compare Zerodha 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 - Zerodha offers Algo Trading where AxisDirect doesn't offers Algo Trading. Margin Funding - AxisDirect offers a margin funding where Zerodha doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Zerodha with AxisDirect
Account Features Compare Zerodha AxisDirect
3 in 1 Account Yes, Zerodha have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, Zerodha have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:10 PM 2:45 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Zerodha vs AxisDirect on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Zerodha 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 Zerodha with AxisDirect
Trading Platform Compare Zerodha AxisDirect
Desktop Trading Platform Kite By Zerodha Ring
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://login.axisdirect.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Zerodha Kite AxisDirect Ring Mobile App
Mobile Trading App Demo Zerodha Kite Demo AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod Zerodha Kite Download Andriod AxisDirect Ring Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Zerodha Kite 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 Zerodha Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for Zerodha Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for zerodha Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare Zerodha vs AxisDirect on User Rating

  Zerodha AxisDirect
  160 Customer Reviews    Rate Zerodha 6 Customer Reviews    Rate AxisDirect
Fees Ratings 4.0 2.5
Trading Brokerage Rating 4.4 2.0
Trading Platform Usability 3.7 3.2
Customer Service Ratings 3.8 2.7
Overall Ratings 3.9 2.3
Broker Rating Zerodha is Rated 3.9 / 5 based on 160 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare Zerodha vs AxisDirect on Investment Offerings

Compare Zerodha 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 Zerodha with AxisDirect
Investment Offerings Compare Zerodha AxisDirect
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No Yes
Insurance No 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 Zerodha vs AxisDirect on Order Types

Order Type - Compare Zerodha 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) - Both broker 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 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 Zerodha with AxisDirect
Order Type Compare Zerodha AxisDirect
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Zerodha vs AxisDirect on Customer Service

Compare Zerodha 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 Zerodha with AxisDirect
Customer Service Compare Zerodha AxisDirect
24/7 Customer Service Zerodha vs AxisDirect - 24x7 customer support No No
Email Support Zerodha vs AxisDirect - Email Support Yes Yes
Onine Live Chat Zerodha vs AxisDirect - Onine Live Chat No Yes
Phone Support Zerodha vs AxisDirect - Phone Support Yes Yes
Toll Free Number Zerodha vs AxisDirect - Toll Free Number No Yes
Through Branches Zerodha vs AxisDirect - Through Branches Yes Yes
Customer Care Number Zerodha vs AxisDirect - Customer Care Number "+ 91 80 4040 2020" 022-61480808
Account Opening Process Zerodha vs AxisDirect - Account Opening Process Online/Paperless Online
Customer Support Email Zerodha vs AxisDirect - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Zerodha vs AxisDirect - Knowledge Center/Education https://zerodha.com/varsity/ https://simplehai.axisdirect.in/learn/overview
Head Office Address Zerodha vs AxisDirect - Head Office Address/Corporate Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website Zerodha vs AxisDirect - Company Website https://zerodha.com/ https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Zerodha vs AxisDirect on Research Reports, Tips

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

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

Compare Zerodha vs AxisDirect on Demat Account

Compare Zerodha 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 Zerodha is ₹300 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 Zerodha is ₹8 + ₹5.50 (CDSL Charges) 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 Zerodha with AxisDirect
  Zerodha AxisDirect
DP Source CDSL CDSL
DP ID Zerodha vs AxisDirect - DP ID 81600 49200
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹500 pa
Advance Deposit Nil Nil
Statutory charges ₹50 Nil
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction ₹10
Demat ₹150 per certificate + ₹100 courier charges ₹3 per certificate
Remat ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹10 for every hundred securities (Min ₹10)
Pledge Creation ₹20 + ₹12 CSDL charges ₹25
Pledge Creation Confirmation Nil ₹25
Pledge Closure ₹20 + ₹12 CSDL charges ₹25
Pledge Closure Confirmation Nil ₹25
Pledge Invocation ₹20 Nil
Failed Instruction Charges ₹50 per instraction Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Zerodha vs AxisDirect on Special Offers and Promotion

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

Compare Zerodha vs AxisDirect on Special Offers and Promotion
  Zerodha AxisDirect
Pay In and Pay Out Options Zerodha vs AxisDirect - Pay In and Pay Out Options pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
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 Zerodha vs AxisDirect - Payout Time Max 24 hrs except for bank holidays Instant to Axis Bank.
Bank Supported and Charges Zerodha vs AxisDirect - Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). Info Not Available
Bank Detail HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Direct from your Axis bank account.
Likes

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

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
  • Does not offer Lifetime free AMC account
  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Bracket order is not available on Kite
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.
  • Software glitches in Kite happens at certain times.

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 Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges. 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 2024-02-29T23:15:14+00:00