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

CategoryICICIdirectAxisDirect
Basic Details
  • Broker Type: Full-service broker (ICICI Group)
  • Founded: 1995 (ICICIdirect platform legacy)
  • Broker Type: Full-service broker (Axis Securities)
  • Founded: 2005
Charges & AMC
  • Account Opening: Rs 0 (as listed)
  • Demat AMC: Rs 700 per annum (individual account)
  • Demat Account Opening: Rs 0
  • Demat AMC: Rs 750 per year (first year free in listed offer)
Brokerage
  • Brokerage is plan based (Prime plans and MoneySaver).
  • Prime plan examples range by subscription slab.
  • 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 charges apply (listed as Rs 50 per order in extract).
  • Demat debit and operational charges apply per schedule.
  • MTF interest is plan dependent.
  • Usual statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
Leverage (Margin)
  • Intraday equity margin can go up to around 5x on eligible stocks.
  • Delivery and carry-forward generally follow full margin norms.
  • E-Margin (T+240) proposition is highlighted.
  • Margin Trading Facility interest rates vary by plan.
Features
  • Integrated 3-in-1 account (bank + trading + Demat).
  • Strong brand trust and branch-assisted model.
  • Axis Bank-backed 3-in-1 integration.
  • 30+ product access including unlisted shares and SLBM.
Trading Platforms
  • ICICIdirect.com website
  • ICICIdirect mobile app
  • Axis Direct Investor App
  • Axis Direct Trader App
Reviews & Ratings
  • Viewed as feature-rich and trusted for integrated banking workflow.
  • In this source extract, no final single overall numeric rating table is shown.
  • 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
  • IPO, mutual funds, bonds, NCDs
  • Equity and derivatives
  • Mutual funds and SIP
Order Types Offered
  • Standard market/limit execution flows
  • VTC/GTC-style functionality referenced in source context
  • Standard order types on mobile/web/desktop
  • GTD support referenced in app features
Suitable For (Investor Type)
  • Investors wanting 3-in-1 integration and branch support.
  • Users preferring broader product coverage over pure discount pricing.
  • Users who want banking + Demat + trading linkage.
  • Investors needing research-backed and branch-enabled service.
Pros and Cons
  • Pros:
  • Robust integrated banking-broking setup.
  • Pros:
  • Strong 3-in-1 ecosystem with Axis Bank integration.

Detailed Comparison

Basic Details

ICICIdirectAxisDirect
  • Broker Type: Full-service broker (ICICI Group)
  • Founded: 1995 (ICICIdirect platform legacy)
  • SEBI Registration: INZ000183631
  • NSE Member Code: 07730
  • Net Worth: Rs 4581.84 Cr
  • Broker Type: Full-service broker (Axis Securities)
  • Founded: 2005
  • SEBI Registration: INZ000161633
  • NSE Member Code: 14816
  • Net Worth: Rs 1804.95 Cr

Charges & AMC

ICICIdirectAxisDirect
  • Account Opening: Rs 0 (as listed)
  • Demat AMC: Rs 700 per annum (individual account)
  • Demat debit charge and call-and-trade charges apply
  • 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)

Brokerage

ICICIdirectAxisDirect
  • Brokerage is plan based (Prime plans and MoneySaver).
  • Prime plan examples range by subscription slab.
  • MoneySaver example: Delivery 0.29%, Intraday/Futures 0.029%, Options Rs 49 per lot.
  • 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.

Other Charges

ICICIdirectAxisDirect
  • Call and trade charges apply (listed as Rs 50 per order in extract).
  • Demat debit and operational charges apply per schedule.
  • Standard statutory charges apply separately.
  • MTF interest is plan dependent.
  • Usual statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.

Leverage (Margin)

ICICIdirectAxisDirect
  • Intraday equity margin can go up to around 5x on eligible stocks.
  • Delivery and carry-forward generally follow full margin norms.
  • E-Margin (T+240) proposition is highlighted.
  • Margin Trading Facility interest rates vary by plan.

Features

ICICIdirectAxisDirect
  • Integrated 3-in-1 account (bank + trading + Demat).
  • Strong brand trust and branch-assisted model.
  • Research and multi-product investing workflows.
  • 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.

Trading Platforms

ICICIdirectAxisDirect
  • ICICIdirect.com website
  • ICICIdirect mobile app
  • Axis Direct Investor App
  • Axis Direct Trader App
  • Trader EXE desktop terminal
  • NXTOptions, Greeksoft, Spider, and allied advanced tools

Reviews & Ratings

ICICIdirectAxisDirect
  • Viewed as feature-rich and trusted for integrated banking workflow.
  • In this source extract, no final single overall numeric rating table is shown.
  • Positioned as a trusted bank-backed full-service option.
  • In this source extract, no single numeric overall rating is explicitly listed.

Investment Options

ICICIdirectAxisDirect
  • Equity and derivatives
  • IPO, mutual funds, bonds, NCDs
  • Commodities
  • Insurance and other wealth products
  • Equity and derivatives
  • Mutual funds and SIP
  • IPO, ETF, NCD, fixed income
  • Commodities, insurance, tax-saving products, unlisted stocks

Order Types Offered

ICICIdirectAxisDirect
  • Standard market/limit execution flows
  • VTC/GTC-style functionality referenced in source context
  • Delivery, intraday, and derivatives order flows
  • Standard order types on mobile/web/desktop
  • GTD support referenced in app features
  • Advanced derivatives and options workflow tools

Suitable For (Investor Type)

ICICIdirectAxisDirect
  • Investors wanting 3-in-1 integration and branch support.
  • Users preferring broader product coverage over pure discount pricing.
  • ICICI ecosystem customers who value seamless account linkage.
  • 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.

Pros and Cons

ICICIdirectAxisDirect
  • Pros:
  • Robust integrated banking-broking setup.
  • Broad product basket and research availability.
  • Strong brand and support infrastructure.
  • Cons:
  • Brokerage can be high versus discount peers without optimized plan selection.
  • Charges and plan structure can feel complex for new users.
  • 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.

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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