NIFTY24,173.050.84%
SENSEX77,664.001.09%
BANKNIFTY56,305.001.43%
NIFTY IT30,124.301.22%
PHARMA22,986.352.36%
AUTO25,828.102.35%
FMCG51,140.500.11%
METAL12,786.250.82%
REALTY788.651.83%
ENERGY39,996.750.25%
NIFTY24,173.050.84%
SENSEX77,664.001.09%
BANKNIFTY56,305.001.43%
NIFTY IT30,124.301.22%
PHARMA22,986.352.36%
AUTO25,828.102.35%
FMCG51,140.500.11%
METAL12,786.250.82%
REALTY788.651.83%
ENERGY39,996.750.25%

Side-by-Side Compare Table

CategoryAxisDirectZerodha
Basic Details
  • Broker Type: Full-service broker (Axis Securities)
  • Founded: 2005
  • Broker Type: Discount broker
  • Founded: 2010
Charges & AMC
  • Demat Account Opening: Rs 0
  • Demat AMC: Rs 750 per year (first year free in listed offer)
  • Trading and Demat Account Opening: Rs 0
  • Trading AMC: Rs 0
Brokerage
  • Brokerage is plan based.
  • Elite Plan example: Delivery 0.15%, Intraday 0.01%, Futures 0.01%, Options Rs 15/order.
  • Equity Delivery: Rs 0
  • Equity Intraday: Flat Rs 20 or 0.03% (whichever is lower)
Other Charges
  • MTF interest is plan dependent.
  • Usual statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
  • Statutory charges apply across segments: STT, exchange charges, GST, SEBI charges, stamp duty.
  • DP and depository-side transactional charges apply for applicable sell-side delivery flows.
Leverage (Margin)
  • E-Margin (T+240) proposition is highlighted.
  • Margin Trading Facility interest rates vary by plan.
  • Intraday leverage can go up to around 20x in selected contexts.
  • Margin remains subject to segment-wise risk and exchange rules.
Features
  • Axis Bank-backed 3-in-1 integration.
  • 30+ product access including unlisted shares and SLBM.
  • Market-leading client base and volume share.
  • Transparent flat-fee pricing model.
Trading Platforms
  • Axis Direct Investor App
  • Axis Direct Trader App
  • Zerodha Kite (web and mobile)
  • Coin (mutual funds)
Reviews & Ratings
  • Positioned as a trusted bank-backed full-service option.
  • In this source extract, no single numeric overall rating is explicitly listed.
  • Widely regarded as one of the top discount brokers in India.
  • In this extract, no single combined numeric rating table is displayed.
Investment Options
  • Equity and derivatives
  • Mutual funds and SIP
  • Equity
  • F&O
Order Types Offered
  • Standard order types on mobile/web/desktop
  • GTD support referenced in app features
  • Standard market, limit, and intraday order flows
  • Derivatives execution and strategy-linked tools via ecosystem partners
Suitable For (Investor Type)
  • Users who want banking + Demat + trading linkage.
  • Investors needing research-backed and branch-enabled service.
  • Investors seeking transparent low brokerage and direct MF investing.
  • Active traders preferring robust charting/tool ecosystem.
Pros and Cons
  • Pros:
  • Strong 3-in-1 ecosystem with Axis Bank integration.
  • Pros:
  • Zero delivery brokerage and low flat intraday/F&O fees.

Detailed Comparison

Basic Details

AxisDirectZerodha
  • Broker Type: Full-service broker (Axis Securities)
  • Founded: 2005
  • SEBI Registration: INZ000161633
  • NSE Member Code: 14816
  • Net Worth: Rs 1804.95 Cr
  • Broker Type: Discount broker
  • Founded: 2010
  • SEBI Registration: INZ000031633
  • NSE Member Code: 13906
  • Net Worth: Rs 14374.75 Cr

Charges & AMC

AxisDirectZerodha
  • Demat Account Opening: Rs 0
  • Demat AMC: Rs 750 per year (first year free in listed offer)
  • Plan-based fee structure applies (for example Elite/Platinum plans)
  • Trading and Demat Account Opening: Rs 0
  • Trading AMC: Rs 0
  • Demat AMC: Rs 300 per year

Brokerage

AxisDirectZerodha
  • Brokerage is plan based.
  • Elite Plan example: Delivery 0.15%, Intraday 0.01%, Futures 0.01%, Options Rs 15/order.
  • Platinum Plan example: Delivery 0.07%, Intraday 0.01%, Futures 0.01%, Options Rs 10/order.
  • Equity Delivery: Rs 0
  • Equity Intraday: Flat Rs 20 or 0.03% (whichever is lower)
  • Equity Futures: Flat Rs 20 or 0.03% (whichever is lower)
  • Equity Options: Flat Rs 20 per executed order
  • Mutual Funds (direct): Rs 0

Other Charges

AxisDirectZerodha
  • MTF interest is plan dependent.
  • Usual statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
  • Statutory charges apply across segments: STT, exchange charges, GST, SEBI charges, stamp duty.
  • DP and depository-side transactional charges apply for applicable sell-side delivery flows.

Leverage (Margin)

AxisDirectZerodha
  • E-Margin (T+240) proposition is highlighted.
  • Margin Trading Facility interest rates vary by plan.
  • Intraday leverage can go up to around 20x in selected contexts.
  • Margin remains subject to segment-wise risk and exchange rules.

Features

AxisDirectZerodha
  • Axis Bank-backed 3-in-1 integration.
  • 30+ product access including unlisted shares and SLBM.
  • Research-backed ideas and advisory support.
  • Relationship manager support for premium users.
  • Market-leading client base and volume share.
  • Transparent flat-fee pricing model.
  • Strong ecosystem: Kite, Coin, Varsity, and partner tools.

Trading Platforms

AxisDirectZerodha
  • Axis Direct Investor App
  • Axis Direct Trader App
  • Trader EXE desktop terminal
  • NXTOptions, Greeksoft, Spider, and allied advanced tools
  • Zerodha Kite (web and mobile)
  • Coin (mutual funds)
  • Ecosystem tools: Streak, Sensibull, Smallcase, and more

Reviews & Ratings

AxisDirectZerodha
  • Positioned as a trusted bank-backed full-service option.
  • In this source extract, no single numeric overall rating is explicitly listed.
  • Widely regarded as one of the top discount brokers in India.
  • In this extract, no single combined numeric rating table is displayed.

Investment Options

AxisDirectZerodha
  • Equity and derivatives
  • Mutual funds and SIP
  • IPO, ETF, NCD, fixed income
  • Commodities, insurance, tax-saving products, unlisted stocks
  • Equity
  • F&O
  • Currency and commodity
  • IPO, bonds, G-Secs
  • Direct mutual funds

Order Types Offered

AxisDirectZerodha
  • Standard order types on mobile/web/desktop
  • GTD support referenced in app features
  • Advanced derivatives and options workflow tools
  • Standard market, limit, and intraday order flows
  • Derivatives execution and strategy-linked tools via ecosystem partners

Suitable For (Investor Type)

AxisDirectZerodha
  • Users who want banking + Demat + trading linkage.
  • Investors needing research-backed and branch-enabled service.
  • Traders who prefer premium pro tools with plan-based pricing.
  • Investors seeking transparent low brokerage and direct MF investing.
  • Active traders preferring robust charting/tool ecosystem.
  • Beginners and advanced users due to education plus platform depth.

Pros and Cons

AxisDirectZerodha
  • Pros:
  • Strong 3-in-1 ecosystem with Axis Bank integration.
  • Rich research and platform coverage.
  • Multiple plans for different trading styles.
  • Cons:
  • Pricing is less simple than flat-fee discount brokers.
  • Higher fixed plan fees may not suit very low-activity users.
  • Pros:
  • Zero delivery brokerage and low flat intraday/F&O fees.
  • Strong product ecosystem and technology maturity.
  • Trusted and transparent pricing structure.
  • Cons:
  • No branch-heavy assisted full-service model.
  • Some advanced workflows rely on external integrated tools.

Final Note

Use this side-by-side comparison as a starting point and verify the latest brokerage and compliance details on official broker pages before taking decisions.

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