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The brokerage of Finvasia ranges between Rs 0, the brokerage of Zerodha ranges between Rs 20, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker Finvasia and Zerodha are a discount brokers where AxisDirect is a full service broker. Overall rating for Finvasia is 4, Zerodha is rated 4.5, AxisDirect is rated 3.5 out of 5.
Here we present side-by-side comparison of Finvasia vs Zerodha vs AxisDirect stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs Zerodha vs AxisDirect on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Finvasia vs Zerodha vs AxisDirect in this setion with 360 degree view of broker information.
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| Broker Type | Discount Broker | Discount Broker | Full Service Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX | NSE, BSE |
| Broker Overview | Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...  |
Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. | 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... |
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In this section we have compared Finvasia vs Zerodha vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia and Zerodha offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - Finvasia charges Free as AMC for Demat account, Zerodha charges Rs 300 PA AMC for Demat account, where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.
| Charges | Finvasia | Zerodha | AxisDirect |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Rs 999 |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Free | Rs 300 PA | Rs 750 PA (Free for 1st year) |
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Plans are the most important feature you look when compare Finvasia vs Zerodha vs AxisDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - AxisDirect offers Multiple Plans where Finvasia and Zerodha doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Finvasia | Zerodha | AxisDirect |
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| Multiple Plans |  |
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| Zerodha | Zerodha | Zerodha | |
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Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
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 | Finvasia | Zerodha | AxisDirect |
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| Plan Name | Zero Brokerage Trading Plan | Max Rs 20 per order Trading Plan | Fixed Brokerage Trading Plan (Percentage Based) |
| Equity Delivery | Rs 0 | Free | 0.50% (Each leg) |
| Equity Intraday | Rs 0 | 0.03% or Rs 20 whichever is lower | 0.05% (Each leg) |
| Equity Futures | Rs 0 | 0.03% or Rs 20 whichever is lower | 0.05% (Each leg) |
| Equity Options | Rs 0 | Flat Fee Rs 20 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
| Currency Futures | Rs 0 | 0.03% or Rs 20 whichever is lower | 0.05% (Each Leg) |
| Currency Options | Rs 0 | Flat Fee Rs 20 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p |
| Commodity Trading | Rs 0 | Flat Fee Rs 20 | Futures: 0.03% (Each leg)| Options: Rs. 50 per lot |
| Minimum Brokerage | NA | NIL | |
| Hidden Charges | No | No | |
| Funding | Yes, 24% interest PA | Info Not Available | Yes - 18% interest PA |
| Call & Trade Charges | Free | Rs 50 Per Executable Order | Free 20 calls per month, and after Rs. 20 per order |
| Auto Square off Charges | Free | Rs 50 Per Executable Order | 20 calls Free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for Finvasia | Brokerage Calculator for Zerodha | Brokerage Calculator for AxisDirect |
Compare Finvasia vs Zerodha vs AxisDirect on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Finvasia | Zerodha | AxisDirect |
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| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | 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 | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | 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 | 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 | 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 | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | |
| Brokerage Charges | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for zerodha | Complete Brokerage Plans for axisdirect |
Compare Finvasia vs Zerodha vs 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 Finvasia and Zerodha offers only 2-in-1 account which includes trading and demat account. Margin Funding - AxisDirect offers margin funding where Finvasia and Zerodha doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
| Account Features Compare | Finvasia | Zerodha | AxisDirect |
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| 3 in 1 Account | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15 PM | 3:20 PM | 2:45 PM |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs Zerodha vs AxisDirect. 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 | Finvasia | Zerodha | AxisDirect |
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| Desktop Trading Platform | OMNESYS NEST | NA | Ring |
| Desktop Demo | Info Not Available | Info Not Available | Desktop Demo |
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| Web Trading Detail |
https://trade.finvasia.com/ |
Zerodha Kite Web |
https://login.axisdirect.in/ |
| Web Trading Demo | Info Not Available | Web Trading Demo | Web Trading Demo |
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| Mobile Trading App | SCALPERT | Zerodha Kite App | AxisDirect Ring Mobile App |
| Mobile Trading App Demo | SCALPERT Demo | Zerodha Kite App Demo | AxisDirect Ring Mobile App Demo |
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| Android App Download | Andriod SCALPERT Download | Andriod Zerodha Kite App Download | Andriod Download |
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| iOS App Download | Info Not Available | iOS Zerodha Kite App Download | iOS AxisDirect Ring Mobile App Download |
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| Trading Software Charges | Basic platforms are free, advance platforms are chargeable. | Free | Yes, DirectTrade - Rs 2999 PA |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Finvasia | Equity Intraday and Delivery Brokerage Calculator for Zerodha | Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for Zerodha | Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for Zerodha | Options Brokerage Calculator for AxisDirect |
| Detail | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for zerodha | Detail on Trading Platforms for axisdirect |
| Finvasia | Zerodha | AxisDirect | ||
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17 Customer Reviews
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160 Customer Reviews
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6 Customer Reviews
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| Customer Service Ratings | ||||
| Overall Ratings | ||||
| Broker Rating | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | Zerodha is Rated 3.9 / 5 based on 160 customer reviews | AxisDirect is Rated 2.3 / 5 based on 6 customer reviews |
Compare Finvasia vs Zerodha vs 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.
| Investment Offerings Compare | Finvasia | Zerodha | AxisDirect |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Finvasia vs Zerodha vs AxisDirect 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) - All 3 brokers offers provides Cover Orders (CO) facility. 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) - Finvasia provides Bracket Orders (BO) facility where Zerodha and AxisDirect doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Zerodha and AxisDirect offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.
| Order Type Compare | Finvasia | Zerodha | AxisDirect |
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Compare Finvasia vs Zerodha vs AxisDirect 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 | Finvasia | Zerodha | AxisDirect |
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| 24/7 Customer Service | |
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| Customer Care Number | Support: +91 9779 097 777/Sales: +91 9098 001 001 | "+ 91 80 4040 2020" | 022-61480808 |
| Account Opening Process | Online/Paperless | Online/Paperless | Online |
| Customer Support Email | [email protected]/[email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://finvasia.com/announcements | https://zerodha.com/varsity/ | https://simplehai.axisdirect.in/learn/overview |
| Head Office Address | Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
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 | https://www.finvasia.com/ | https://zerodha.com/ | https://simplehai.axisdirect.in |
Compare Finvasia vs Zerodha vs AxisDirect on research reports and tips provided by broker.
| Finvasia | Zerodha | AxisDirect | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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| Daily Market Report | |
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Compare Finvasia vs Zerodha vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Finvasia | Zerodha | AxisDirect | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 84300 | 81600 | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | Free | ₹300 pa | ₹500 pa |
| Advance Deposit | Rs 0 | Nil | Nil |
| Statutory charges | Nil | ₹50 | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹9 + ₹5.50 (CDSL Charges) for every transaction | ₹8 + ₹5.50 (CDSL Charges) per transaction | ₹10 |
| Demat | ₹15 per certificate | ₹150 per certificate + ₹100 courier charges | ₹3 per certificate |
| Remat | ₹15 for every hundred securities + CDSL Charges | ₹150 per certificate + ₹100 courier charges + CDSL Charges | ₹10 for every hundred securities (Min ₹10) |
| Pledge Creation | ₹25 per transaction | ₹20 + ₹12 CSDL charges | ₹25 |
| Pledge Creation Confirmation | NIL | Nil | ₹25 |
| Pledge Closure | ₹25 per transaction | ₹20 + ₹12 CSDL charges | ₹25 |
| Pledge Closure Confirmation | NIL | Nil | ₹25 |
| Pledge Invocation | ₹19 per transaction | ₹20 | Nil |
| Failed Instruction Charges | ₹49 | ₹50 per instraction | Nil |
| Other Charges | Nil | Nil | Nil |
Compare Finvasia vs Zerodha vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Finvasia | Zerodha | AxisDirect | |
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| Pay In and Pay Out Options | Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through bank transfer only. |
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 | Up to 24 hrs except for bank holidays. | Max 24 hrs except for bank holidays | Instant to Axis Bank. |
| Bank Supported and Charges | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. | Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). | NA |
| Bank Detail | FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
HDFC Bank Account#ZERNSE Branch: Sandoz Branch, Mumbai IFSC Code:HDFC0000240 |
Direct from your Axis bank account. |
| Likes |
No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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You will enjoy many benefits or advantages while trading with Zerodha;
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| Dislikes |
Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | 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. |
| Enquire for Finvasia | Enquire for Zerodha | Enquire for AxisDirect |
Last Updated on 2023-09-05T02:25:49+00:00
