| Basic Details | - •Broker Type: Discount broker
- •Founded: 2015
| - •Broker Type: Full-service broker (Axis Securities)
- •Founded: 2005
|
| Charges & AMC | - •Trading and Demat Account Opening: Rs 0
- •Trading AMC: Rs 0 (lifetime as stated)
| - •Demat Account Opening: Rs 0
- •Demat AMC: Rs 750 per year (first year free in listed offer)
|
| Brokerage | - •Equity Delivery: Rs 20 or 0.03% (whichever is lower)
- •Equity Intraday: Rs 20 or 0.03% (whichever is lower)
| - •Brokerage is plan based.
- •Elite Plan example: Delivery 0.15%, Intraday 0.01%, Futures 0.01%, Options Rs 15/order.
|
| Other Charges | - •Call and Trade: additional charge (referenced as Rs 50/order)
- •Admin square-off charges may apply for auto close positions.
| - •MTF interest is plan dependent.
- •Usual statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
|
| Leverage (Margin) | - •Margin products include MTF offerings in promotional messaging.
- •Practical leverage and margin depend on segment, risk, and exchange norms.
| - •E-Margin (T+240) proposition is highlighted.
- •Margin Trading Facility interest rates vary by plan.
|
| Features | - •In-house built trading stack.
- •Insta Options for strategy building and payoff analysis.
| - •Axis Bank-backed 3-in-1 integration.
- •30+ product access including unlisted shares and SLBM.
|
| Trading Platforms | - •Fyers App (mobile)
- •Fyers Web
| - •Axis Direct Investor App
- •Axis Direct Trader App
|
| Reviews & Ratings | - •Marketed as a low-brokerage technology-first platform.
- •In this source extract, a single numeric overall rating is not prominently presented.
| - •Positioned as a trusted bank-backed full-service option.
- •In this source extract, no single numeric overall rating is explicitly listed.
|
| Investment Options | | - •Equity and derivatives
- •Mutual funds and SIP
|
| Order Types Offered | - •Standard equity and derivatives order types
- •Intraday and delivery order handling
| - •Standard order types on mobile/web/desktop
- •GTD support referenced in app features
|
| Suitable For (Investor Type) | - •Active traders focused on low brokerage and platform tools.
- •Users who prefer in-house charting and options strategy interfaces.
| - •Users who want banking + Demat + trading linkage.
- •Investors needing research-backed and branch-enabled service.
|
| Pros and Cons | - •Pros:
- •Very competitive flat-fee structure.
| - •Pros:
- •Strong 3-in-1 ecosystem with Axis Bank integration.
|
