FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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AxisDirect Vs Upstox Vs Zerodha: 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 Zerodha ranges between Rs 20. The broker Upstox and Zerodha are a discount brokers where AxisDirect is a full service broker. Overall rating for AxisDirect is 3.5, Upstox is rated 4.5, Zerodha is rated 4.5 out of 5.

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

Compare AxisDirect vs Upstox vs Zerodha on Service

  AxisDirect Compare
AxisDirect
Upstox Compare
Upstox
Zerodha Compare
Zerodha
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 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 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. 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.
Broker Enquiry Request call back from Zerodha Request call back from Upstox Request call back from Zerodha
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Account Opening Charges and AMC

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

In this section we have compared AxisDirect vs Upstox vs Zerodha 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 Zerodha 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 Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare AxisDirect vs Upstox vs Zerodha
Charges AxisDirect Upstox Zerodha
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 300 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare AxisDirect vs Upstox vs Zerodha on Plan Options

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

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

Account Opening

  Zerodha Upstox Zerodha
Account Opening Request
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Brokerage Charges

Compare AxisDirect vs Upstox vs Zerodhaon 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.

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.

Brokerage Charges - Compare AxisDirect vs Upstox vs Zerodha
Brokerage Charges Compare AxisDirect Upstox Zerodha
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 NIL
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 Executable Order
Auto Square off Charges 20 calls Free and after that Rs 20 per call Rs 50 + 18% GST Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for AxisDirect Brokerage Calculator for Upstox Brokerage Calculator for Zerodha
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Share Broker's Transaction Charges

Compare AxisDirect vs Upstox vs Zerodha on Transaction Charges

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

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

Compare AxisDirect vs Upstox vs Zerodha on Account Features

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

Account Features - AxisDirect vs Upstox vs Zerodha
Account Features Compare AxisDirect Upstox Zerodha
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 Zerodha 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 Yes
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 3:20 PM
NRI Trading Yes No Yes
Other Features NIL NIL NIL
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Trading Platform

Compare AxisDirect vs Upstox vs Zerodhaon Trading Platform

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

https://login.axisdirect.in/

https://pro.upstox.com/

Zerodha Kite Web

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 Zerodha Kite App
Mobile Trading App Demo AxisDirect Ring Mobile App Demo Upstox Demo Zerodha Kite 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 Zerodha Kite 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 Zerodha
Futures Brokerage Calculator Futures Brokerage Calculator for AxisDirect Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for Zerodha
Options Brokerage Calculator Options Brokerage Calculator for AxisDirect Options Brokerage Calculator for Upstox Options Brokerage Calculator for Zerodha
Detail Detail on Trading Platforms for axisdirect Detail on Trading Platforms for upstox Detail on Trading Platforms for zerodha

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Broker Ratings by Users

Compare AxisDirect vs Upstox vs Zerodha on User Rating

  AxisDirect Upstox Zerodha
  20 Customer Reviews    Rate AxisDirect 12 Customer Reviews    Rate Upstox 160 Customer Reviews    Rate Zerodha
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 Zerodha is Rated 3.9 / 5 based on 160 customer reviews
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Investment Offerings

Compare AxisDirect vs Upstox vs Zerodha on Investment Offerings

Compare AxisDirect vs Upstox vs Zerodha 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 Zerodha
Investment Offerings Compare AxisDirect Upstox Zerodha
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 Yes
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 Yes
PMS Service No No No
Other Investment Options NIL NIL NIL
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Order Types

Compare AxisDirect vs Upstox vs Zerodha on Order Types

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

Compare AxisDirect vs Upstox vs Zerodha 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 Zerodha
Customer Service Compare AxisDirect Upstox Zerodha
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 Yes
Customer Care Number 022-61480808 +91 22 6130 9999 "+ 91 80 4040 2020"
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://simplehai.axisdirect.in/learn/overview https://upstox.com/help-center/ https://zerodha.com/varsity/
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
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Website https://simplehai.axisdirect.in https://upstox.com/ https://zerodha.com/
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Tips/Research/Reports Published

Compare AxisDirect vs Upstox vs Zerodha on Research Reports, Tips

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

Research Reports - Compare AxisDirect vs Upstox vs Zerodha
  AxisDirect Upstox Zerodha
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 No
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Demat Account

Compare AxisDirect vs Upstox vs Zerodha on Demat Account

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

Demat Charges - Compare AxisDirect vs Upstox vs Zerodha
  AxisDirect Upstox Zerodha
DP Source CDSL CDSL CDSL
DP ID 49200 81800 81600
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹300 PA ₹300 pa
Advance Deposit Nil NIL Nil
Statutory charges Nil Nil ₹50
Transaction Charges on Debit (Per ISIN) ₹10 ₹13 + ₹5.50 CDSL charges ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat ₹3 per certificate ₹20 + ₹50 courier charges ₹150 per certificate + ₹100 courier charges
Remat ₹10 for every hundred securities (Min ₹10) ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation ₹25 0.02% of the transaction value (Min ₹50) + CDSL charges ₹20 + ₹12 CSDL charges
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 ₹20 + ₹12 CSDL charges
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) ₹20
Failed Instruction Charges Nil ₹50 ₹50 per instraction
Other Charges
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Special Offers,Advantages,Disadvantages

Compare AxisDirect vs Upstox vs Zerodha on Special Offers and Promotion

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

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

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...

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 intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • 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.

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 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.
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