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AxisDirect Vs Finvasia Vs ICICIDirect: Which one is better?

The brokerage of AxisDirect ranges between 0.05% to 0.5%, the brokerage of Finvasia ranges between Rs 0, while the brokerage of ICICIDirect ranges between Rs. 20. The broker AxisDirect and ICICIDirect are full service brokers where Finvasia is a discount broker. Overall rating for AxisDirect is 3.5, Finvasia is rated 4, ICICIDirect is rated 4 out of 5.

Here we present side-by-side comparison of AxisDirect vs Finvasia vs ICICIDirect stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared AxisDirect vs Finvasia vs ICICIDirect 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 AxisDirect vs Finvasia vs ICICIDirect in this setion with 360 degree view of broker information.

Compare AxisDirect vs Finvasia vs ICICIDirect on Service

  AxisDirect Compare
AxisDirect
Finvasia Compare
Finvasia
ICICIDirect Compare
ICICIDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Full Service Broker
Exchanges Supported NSE, BSE BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Broker Overview 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 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...Know more about Finvasia ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare AxisDirect vs Finvasia vs ICICIDirect on Trading & Demat Account Opening Charges

In this section we have compared AxisDirect vs Finvasia vs ICICIDirect on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia and ICICIDirect offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - AxisDirect charges Rs 750 PA (Free for 1st year) as AMC for Demat account, Finvasia charges Free AMC for Demat account, where ICICIDirect charges Rs 300 per annum AMC for Demat account.

Trading & Demat Account Opening Charges - Compare AxisDirect vs Finvasia vs ICICIDirect
Charges AxisDirect Finvasia ICICIDirect
Trading Account Opening Fees Rs 999 Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 750 PA (Free for 1st year) Free Rs 300 per annum
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare AxisDirect vs Finvasia vs ICICIDirect on Plan Options

Plans are the most important feature you look when compare AxisDirect vs Finvasia vs ICICIDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - AxisDirect and ICICIDirect offers Multiple Plans where Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare AxisDirect vs Finvasia vs ICICIDirect on Plan Options
Plan Types AxisDirect Finvasia ICICIDirect
Multiple Plans Yes No Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare AxisDirect vs Finvasia vs ICICIDirecton Brokerage Charges

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

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

Brokerage Charges - Compare AxisDirect vs Finvasia vs ICICIDirect
Brokerage Charges Compare AxisDirect Finvasia ICICIDirect
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Zero Brokerage Trading Plan NEO Flat Discount Brokerage Plan
Equity Delivery 0.50% (Each leg) Rs 0 0.55%
Equity Intraday 0.05% (Each leg) Rs 0 Flat Rs. 20 per order
Equity Futures 0.05% (Each leg) Rs 0 Free (Rs. 0 brokerage)
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Rs 0 Flat Rs. 20 per order
Currency Futures 0.05% (Each Leg) Rs 0 Flat Rs. 20 per order
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p Rs 0 Flat Rs. 20 per order
Commodity Trading Futures: 0.03% (Each leg)| Options: Rs. 50 per lot Rs 0 Flat Rs. 20 per order
Minimum Brokerage NA Rs 35 per trade
Hidden Charges No No
Call & Trade Charges Free 20 calls per month, and after Rs. 20 per order Free First 20 call free and Rs 25 there onwards.
Auto Square off Charges 20 calls Free and after that Rs 20 per call Free First 20 call free and Rs 25 there onwards.
Brokerage Calculator Brokerage Calculator for AxisDirect Brokerage Calculator for Finvasia Brokerage Calculator for ICICIDirect
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Share Broker's Transaction Charges

Compare AxisDirect vs Finvasia vs ICICIDirect on Transaction Charges

Compare AxisDirect vs Finvasia vs ICICIDirect on transaction charges and PCM fee by segment.

Transaction Charges - Compare AxisDirect vs Finvasia vs ICICIDirect
Transaction Charges Compare AxisDirect Finvasia ICICIDirect
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 NA
Brokerage Charges Complete Brokerage Plans for axisdirect Complete Brokerage Plans for finvasia Complete Brokerage Plans for icicidirect
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Account Features

Compare AxisDirect vs Finvasia vs ICICIDirect on Account Features

Compare AxisDirect vs Finvasia vs ICICIDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect and ICICIDirect offers 3-in-1 Account where Finvasia offers only 2-in-1 account which includes trading and demat account. Margin Funding - AxisDirect and ICICIDirect offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

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

Compare AxisDirect vs Finvasia vs ICICIDirecton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w AxisDirect vs Finvasia vs ICICIDirect. 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 AxisDirect vs Finvasia vs ICICIDirect
Trading Platform Compare AxisDirect Finvasia ICICIDirect
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://login.axisdirect.in/

https://trade.finvasia.com/

https://www.icicidirect.com

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App AxisDirect Ring Mobile App SCALPERT ICICI direct Mobile
Mobile Trading App Demo AxisDirect Ring Mobile App Demo SCALPERT Demo ICICI direct Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod AxisDirect Ring Mobile App Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS AxisDirect Ring Mobile App Download Info Not Available iOS ICICI direct Mobile Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for AxisDirect Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for ICICIDirect
Futures Brokerage Calculator Futures Brokerage Calculator for AxisDirect Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for ICICIDirect
Options Brokerage Calculator Options Brokerage Calculator for AxisDirect Options Brokerage Calculator for Finvasia Options Brokerage Calculator for ICICIDirect
Detail Detail on Trading Platforms for axisdirect Detail on Trading Platforms for finvasia Detail on Trading Platforms for icicidirect

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Broker Ratings by Users

Compare AxisDirect vs Finvasia vs ICICIDirect on User Rating

  AxisDirect Finvasia ICICIDirect
  20 Customer Reviews    Rate AxisDirect 17 Customer Reviews    Rate Finvasia 267 Customer Reviews    Rate ICICIDirect
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating AxisDirect is Rated 0.7 / 5 based on 20 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews
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Investment Offerings

Compare AxisDirect vs Finvasia vs ICICIDirect on Investment Offerings

Compare AxisDirect vs Finvasia vs ICICIDirect 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 - AxisDirect and Finvasia offers Commodity Trading where ICICIDirect doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - ICICIDirect offers PMS facility where AxisDirect and Finvasia doesn't offers PMS facility.

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

Compare AxisDirect vs Finvasia vs ICICIDirect on Order Types

Order Type - Compare AxisDirect vs Finvasia vs ICICIDirect 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 doesn't have Cover Orders (CO) facility. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - AxisDirect and ICICIDirect offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.

Order Types - Compare AxisDirect vs Finvasia vs ICICIDirect
Order Type Compare AxisDirect Finvasia ICICIDirect
CNC order No No No
MIS order No No No
NRML order No No No
Cover order No No No
Bracket order No No No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes No Yes
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Customer Service Offered

Compare AxisDirect vs Finvasia vs ICICIDirect on Customer Service

Compare AxisDirect vs Finvasia vs ICICIDirect 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 Support - Compare AxisDirect vs Finvasia vs ICICIDirect
Customer Service Compare AxisDirect Finvasia ICICIDirect
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes No
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No Yes
Customer Care Number 022-61480808 Support: +91 9779 097 777/Sales: +91 9098 001 001 1860 123 1122
Account Opening Process Online Online/Paperless Online
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://simplehai.axisdirect.in/learn/overview https://finvasia.com/announcements https://www.icicidirect.com/knowledge-center
Head Office Address Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
Website https://simplehai.axisdirect.in https://www.finvasia.com/ https://www.icicidirect.com
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Tips/Research/Reports Published

Compare AxisDirect vs Finvasia vs ICICIDirect on Research Reports, Tips

Compare AxisDirect vs Finvasia vs ICICIDirect on research reports and tips provided by broker.

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

Compare AxisDirect vs Finvasia vs ICICIDirect on Demat Account

Compare AxisDirect vs Finvasia vs ICICIDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare AxisDirect vs Finvasia vs ICICIDirect
  AxisDirect Finvasia ICICIDirect
DP Source CDSL CDSL CDSL
DP ID 49200 84300 14301
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Free ₹700 pa
Advance Deposit Nil Rs 0 Rs. 7500/- , If the client is not having ICICI BANK Account
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹10 ₹9 + ₹5.50 (CDSL Charges) for every transaction 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges)
Demat ₹3 per certificate ₹15 per certificate ₹50 per set up
Remat ₹10 for every hundred securities (Min ₹10) ₹15 for every hundred securities + CDSL Charges ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction
Pledge Creation ₹25 ₹25 per transaction 0.02% (Min ₹35 and Max ₹25,000)
Pledge Creation Confirmation ₹25 NIL 0.02% (Min ₹35 and Max ₹25,000)
Pledge Closure ₹25 ₹25 per transaction 0.02% (Min ₹35 and Max ₹25,000)
Pledge Closure Confirmation ₹25 NIL 0.02% (Min ₹35 and Max ₹25,000)
Pledge Invocation Nil ₹19 per transaction 0.02% (Min ₹35 and Max ₹25,000)
Failed Instruction Charges Nil ₹49 ₹30 per transaction
Other Charges
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Special Offers,Advantages,Disadvantages

Compare AxisDirect vs Finvasia vs ICICIDirect on Special Offers and Promotion

Compare AxisDirect vs Finvasia vs ICICIDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare AxisDirect vs Finvasia vs ICICIDirect on Special Offers and Promotion
  AxisDirect Finvasia ICICIDirect
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
Likes
  • 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...

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;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

Detail Review...

Dislikes
  • 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...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

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. Free Account Opening+Free Demat AMC+Free Trading. Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire for AxisDirect Enquire for Finvasia Enquire for ICICIDirect

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