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AxisDirect Vs Upstox Vs Sharekhan: Which one is better?

The brokerage of AxisDirect ranges between 0.05% to 0.5%, the brokerage of Upstox ranges between Rs 20, while the brokerage of Sharekhan ranges between 0.1 to 0.5%. The broker AxisDirect and Sharekhan are full service brokers where Upstox is a discount broker. Overall rating for AxisDirect is 3.5, Upstox is rated 4.5, Sharekhan is rated 4 out of 5.

Here we present side-by-side comparison of AxisDirect vs Upstox vs Sharekhan 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 Upstox vs Sharekhan 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 Upstox vs Sharekhan in this setion with 360 degree view of broker information.

Compare AxisDirect vs Upstox vs Sharekhan on Service

  AxisDirect Compare
AxisDirect
Upstox Compare
Upstox
Sharekhan Compare
Sharekhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Full Service Broker
Exchanges Supported NSE, BSE NSE, BSE, MCX BSE, NSE, MCX, NCDEX
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 Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation... Know more about Sharekhan
Broker Enquiry Request call back from Sharekhan Request call back from Upstox Request call back from Zerodha
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Account Opening Charges and AMC

Compare AxisDirect vs Upstox vs Sharekhan on Trading & Demat Account Opening Charges

In this section we have compared AxisDirect vs Upstox vs Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - AxisDirect charges Rs 999 for account opening, Upstox charges Promotion offer: Free for account opeing, and Sharekhan charges Free for account opeing. Demat AMC charges - AxisDirect charges Rs 750 PA (Free for 1st year) as AMC for Demat account, Upstox charges Free AMC for Demat account, where Sharekhan charges Rs 400 PA (Free for 1st year)) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare AxisDirect vs Upstox vs Sharekhan
Charges AxisDirect Upstox Sharekhan
Trading Account Opening Fees Rs 999 Promotion offer: 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 400 PA (Free for 1st year))
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare AxisDirect vs Upstox vs Sharekhan on Plan Options

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

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

Account Opening

  Sharekhan Upstox Zerodha
Account Opening Request
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Brokerage Charges

Compare AxisDirect vs Upstox vs Sharekhanon Brokerage Charges

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

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

Brokerage Charges - Compare AxisDirect vs Upstox vs Sharekhan
Brokerage Charges Compare AxisDirect Upstox Sharekhan
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Max Rs 20 Per Order Trading Plan Sharkehan Brokerage Plan
Equity Delivery 0.50% (Each leg) 2.5% or Rs 20 whichever is lower 0.30%
Equity Intraday 0.05% (Each leg) 0.05% or Rs 20 whichever is lower 0.02%
Equity Futures 0.05% (Each leg) 0.05% or Rs 20 whichever is lower 0.02%
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Flat Fee Rs 20 Rs 20 per lot
Currency Futures 0.05% (Each Leg) 0.05% or Rs 20 whichever is lower 0.02%
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p Flat Fee Rs 20 Rs 5 per lot
Commodity Trading Futures: 0.03% (Each leg)| Options: Rs. 50 per lot Flat Fee Rs 20 Rs 20 per lot
Minimum Brokerage Rs 20
Hidden Charges No Info Not Available
Call & Trade Charges Free 20 calls per month, and after Rs. 20 per order Rs 50 + 18% GST Free
Auto Square off Charges 20 calls Free and after that Rs 20 per call Rs 50 + 18% GST Free
Brokerage Calculator Brokerage Calculator for AxisDirect Brokerage Calculator for Upstox Brokerage Calculator for Sharekhan
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Share Broker's Transaction Charges

Compare AxisDirect vs Upstox vs Sharekhan on Transaction Charges

Compare AxisDirect vs Upstox vs Sharekhan on transaction charges and PCM fee by segment.

Transaction Charges - Compare AxisDirect vs Upstox vs Sharekhan
Transaction Charges Compare AxisDirect Upstox Sharekhan
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 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for axisdirect Complete Brokerage Plans for upstox Complete Brokerage Plans for sharekhan
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Account Features

Compare AxisDirect vs Upstox vs Sharekhan on Account Features

Compare AxisDirect vs Upstox vs Sharekhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect and Upstox offers 3-in-1 Account where Sharekhan offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - AxisDirect and Sharekhan offers NRI Trading where Upstox doesn't offers NRI Trading.

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

Compare AxisDirect vs Upstox vs Sharekhanon Trading Platform

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

https://login.axisdirect.in/

https://pro.upstox.com/

https://www.sharekhan.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 Upstox Sharekhan
Mobile Trading App Demo AxisDirect Ring Mobile App Demo Upstox Demo Sharekhan Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod AxisDirect Ring Mobile App Download Andriod Upstox Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS AxisDirect Ring Mobile App Download iOS Upstox Download iOS Sharekhan Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for AxisDirect Equity Intraday and Delivery Brokerage Calculator for Upstox Equity Intraday and Delivery Brokerage Calculator for Sharekhan
Futures Brokerage Calculator Futures Brokerage Calculator for AxisDirect Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for Sharekhan
Options Brokerage Calculator Options Brokerage Calculator for AxisDirect Options Brokerage Calculator for Upstox Options Brokerage Calculator for Sharekhan
Detail Detail on Trading Platforms for axisdirect Detail on Trading Platforms for upstox Detail on Trading Platforms for sharekhan

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Broker Ratings by Users

Compare AxisDirect vs Upstox vs Sharekhan on User Rating

  AxisDirect Upstox Sharekhan
  20 Customer Reviews    Rate AxisDirect 12 Customer Reviews    Rate Upstox 184 Customer Reviews    Rate Sharekhan
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 Upstox is Rated 3.7 / 5 based on 12 customer reviews Sharekhan is Rated 3.6 / 5 based on 184 customer reviews
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Investment Offerings

Compare AxisDirect vs Upstox vs Sharekhan on Investment Offerings

Compare AxisDirect vs Upstox vs Sharekhan 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) - Sharekhan offers PMS facility where AxisDirect and Upstox doesn't offers PMS facility.

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

Compare AxisDirect vs Upstox vs Sharekhan on Order Types

Order Type - Compare AxisDirect vs Upstox vs Sharekhan 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 - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare AxisDirect vs Upstox vs Sharekhan
Order Type Compare AxisDirect Upstox Sharekhan
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 Yes Yes
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Customer Service Offered

Compare AxisDirect vs Upstox vs Sharekhan on Customer Service

Compare AxisDirect vs Upstox vs Sharekhan 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 Upstox vs Sharekhan
Customer Service Compare AxisDirect Upstox Sharekhan
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No Yes
Through Branches Yes Yes Yes
Customer Care Number 022-61480808 +91 22 6130 9999 1800227500
Account Opening Process Online Online/Paperless Offline
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://simplehai.axisdirect.in/learn/overview https://upstox.com/help-center/ https://www.sharekhan.com/help/hello
Head Office Address Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042
Website https://simplehai.axisdirect.in https://upstox.com/ https://www.sharekhan.com
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Tips/Research/Reports Published

Compare AxisDirect vs Upstox vs Sharekhan on Research Reports, Tips

Compare AxisDirect vs Upstox vs Sharekhan on research reports and tips provided by broker.

Research Reports - Compare AxisDirect vs Upstox vs Sharekhan
  AxisDirect Upstox Sharekhan
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 Upstox vs Sharekhan on Demat Account

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

Demat Charges - Compare AxisDirect vs Upstox vs Sharekhan
  AxisDirect Upstox Sharekhan
DP Source CDSL CDSL CDSL
DP ID 49200 81800 36000
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹300 PA ₹500 pa
Advance Deposit Nil NIL Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
Statutory charges Nil Nil Actual Stamp Paper Charges
Transaction Charges on Debit (Per ISIN) ₹10 ₹13 + ₹5.50 CDSL charges 0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat ₹3 per certificate ₹20 + ₹50 courier charges ₹5 per certificate (Min 50 per request)
Remat ₹10 for every hundred securities (Min ₹10) ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) ₹50 per certificate or ₹50 for every hundred securities
Pledge Creation ₹25 0.02% of the transaction value (Min ₹50) + CDSL charges 0.03% (Min ₹100)
Pledge Creation Confirmation ₹25 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
Pledge Closure ₹25 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
Pledge Closure Confirmation ₹25 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
Pledge Invocation Nil 0.05% of the transaction value (Min ₹50) Nil
Failed Instruction Charges Nil ₹50 Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare AxisDirect vs Upstox vs Sharekhan on Special Offers and Promotion

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

Compare AxisDirect vs Upstox vs Sharekhan on Special Offers and Promotion
  AxisDirect Upstox Sharekhan
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...

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

Detail Review...

  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

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...

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Does not offer Direct mutual fund.
  • 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. Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
Enquire for AxisDirect Enquire for Upstox Enquire for Sharekhan

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