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AxisDirect Vs Upstox Vs Fyers: 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 Fyers ranges between Rs 20. The broker Upstox and Fyers are a discount brokers where AxisDirect is a full service broker. Overall rating for AxisDirect is 3.5, Upstox is rated 4.5, Fyers is rated 4 out of 5.

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

Compare AxisDirect vs Upstox vs Fyers on Service

  AxisDirect Compare
AxisDirect
Upstox Compare
Upstox
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE NSE, BSE, MCX BSE, NSE, 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 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. Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i... Know more about Fyers
Broker Enquiry Request call back from Upstox Request call back from Fyers Request call back from Zerodha
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Account Opening Charges and AMC

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

In this section we have compared AxisDirect vs Upstox vs Fyers 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 Fyers 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 Fyers charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare AxisDirect vs Upstox vs Fyers
Charges AxisDirect Upstox Fyers
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 Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare AxisDirect vs Upstox vs Fyers on Plan Options

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

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

Account Opening

  Upstox Fyers Zerodha
Account Opening Request
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Brokerage Charges

Compare AxisDirect vs Upstox vs Fyerson 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.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

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

Compare AxisDirect vs Upstox vs Fyers on Transaction Charges

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

Transaction Charges - Compare AxisDirect vs Upstox vs Fyers
Transaction Charges Compare AxisDirect Upstox Fyers
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 NA
Brokerage Charges Complete Brokerage Plans for axisdirect Complete Brokerage Plans for upstox Complete Brokerage Plans for fyers
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Account Features

Compare AxisDirect vs Upstox vs Fyers on Account Features

Compare AxisDirect vs Upstox vs Fyers 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 Fyers offers only 2-in-1 account which includes trading and demat account. Margin Funding - AxisDirect and Upstox offers margin funding where Fyers doesn't offers margin funding. NRI Trading - AxisDirect offers NRI Trading where Upstox and Fyers doesn't offers NRI Trading.

Account Features - AxisDirect vs Upstox vs Fyers
Account Features Compare AxisDirect Upstox Fyers
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 Fyers have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 2:45 PM 3:15PM 3:15 PM
NRI Trading Yes No No
Other Features NIL NIL Fyers 30 Day Challenge
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Trading Platform

Compare AxisDirect vs Upstox vs Fyerson Trading Platform

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

https://login.axisdirect.in/

https://pro.upstox.com/

Fyers Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes No
Mobile Trading Yes Yes Yes
Mobile Trading App AxisDirect Ring Mobile App Upstox Fyers 2.0 Mobile App
Mobile Trading App Demo AxisDirect Ring Mobile App Demo Upstox Demo Fyers 2.0 Mobile App 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 Fyers 2.0 Mobile App 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 Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for AxisDirect Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for AxisDirect Options Brokerage Calculator for Upstox Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for axisdirect Detail on Trading Platforms for upstox Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare AxisDirect vs Upstox vs Fyers on User Rating

  AxisDirect Upstox Fyers
  20 Customer Reviews    Rate AxisDirect 12 Customer Reviews    Rate Upstox 11 Customer Reviews    Rate Fyers
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 Fyers is Rated 3.2 / 5 based on 11 customer reviews
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Investment Offerings

Compare AxisDirect vs Upstox vs Fyers on Investment Offerings

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

Compare AxisDirect vs Upstox vs Fyers on Order Types

Order Type - Compare AxisDirect vs Upstox vs Fyers 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 Fyers
Order Type Compare AxisDirect Upstox Fyers
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 Fyers on Customer Service

Compare AxisDirect vs Upstox vs Fyers 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 Fyers
Customer Service Compare AxisDirect Upstox Fyers
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 Yes No
Customer Care Number 022-61480808 +91 22 6130 9999 08060001111
Account Opening Process Online Online/Paperless 100% online and paperless proc
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://simplehai.axisdirect.in/learn/overview https://upstox.com/help-center/ https://fyers.in/school-of-stocks/
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
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website https://simplehai.axisdirect.in https://upstox.com/ https://fyers.in/
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Tips/Research/Reports Published

Compare AxisDirect vs Upstox vs Fyers on Research Reports, Tips

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

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

Compare AxisDirect vs Upstox vs Fyers on Demat Account

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

Demat Charges - Compare AxisDirect vs Upstox vs Fyers
  AxisDirect Upstox Fyers
DP Source CDSL CDSL CDSL
DP ID 49200 81800 89400
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹300 PA Free
Advance Deposit Nil NIL Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹10 ₹13 + ₹5.50 CDSL charges ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹3 per certificate ₹20 + ₹50 courier charges ₹0
Remat ₹10 for every hundred securities (Min ₹10) ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) ₹0
Pledge Creation ₹25 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
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 Fyers on Special Offers and Promotion

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

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

  • Trade on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

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...

  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

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 Fyers

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