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

CategoryINDmoneyAxisDirect
Basic Details
  • Broker Type: Digital broker and finance super-app model
  • Founded: 2019
  • Broker Type: Full-service broker (Axis Securities)
  • Founded: 2005
Charges & AMC
  • Account Opening: Rs 0
  • Demat AMC: Rs 0 (lifetime in listed offer)
  • Demat Account Opening: Rs 0
  • Demat AMC: Rs 750 per year (first year free in listed offer)
Brokerage
  • Equity Delivery: 0.05% or Rs 20, whichever is lower
  • Equity Intraday: 0.05% or Rs 20, whichever is lower (minimum Rs 2)
  • Brokerage is plan based.
  • Elite Plan example: Delivery 0.15%, Intraday 0.01%, Futures 0.01%, Options Rs 15/order.
Other Charges
  • Minimum brokerage floor in some segments (for example Rs 2).
  • Pledge/unpledge fee per request applies.
  • MTF interest is plan dependent.
  • Usual statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
Leverage (Margin)
  • Margin wallet boost/MTF style offerings highlighted in source promotions.
  • Exact leverage depends on product, eligibility, and risk policy.
  • E-Margin (T+240) proposition is highlighted.
  • Margin Trading Facility interest rates vary by plan.
Features
  • Unified money tracking plus investing app.
  • Indian and US investing from one account ecosystem.
  • Axis Bank-backed 3-in-1 integration.
  • 30+ product access including unlisted shares and SLBM.
Trading Platforms
  • INDmoney app
  • INDstocks app
  • Axis Direct Investor App
  • Axis Direct Trader App
Reviews & Ratings
  • Positioned as a fast-growing digital-first wealth app.
  • In this extracted snapshot, no single consolidated numeric overall rating is listed.
  • Positioned as a trusted bank-backed full-service option.
  • In this source extract, no single numeric overall rating is explicitly listed.
Investment Options
  • Indian stocks and ETFs
  • US stocks and ETFs
  • Equity and derivatives
  • Mutual funds and SIP
Order Types Offered
  • Standard order workflows for delivery and intraday.
  • Basket and options-chain based execution support in platform flow.
  • Standard order types on mobile/web/desktop
  • GTD support referenced in app features
Suitable For (Investor Type)
  • Users seeking one app for India + US investing.
  • Mobile-first investors who want finance tracking and execution together.
  • Users who want banking + Demat + trading linkage.
  • Investors needing research-backed and branch-enabled service.
Pros and Cons
  • Pros:
  • Zero opening and AMC in listed offers.
  • Pros:
  • Strong 3-in-1 ecosystem with Axis Bank integration.

Detailed Comparison

Basic Details

INDmoneyAxisDirect
  • Broker Type: Digital broker and finance super-app model
  • Founded: 2019
  • SEBI Registration: Investment advisor registration noted; broking through exchange memberships
  • Exchanges Mentioned: NSE, BSE, BSE Star MF membership context
  • Product Focus: Indian + US market access from one app
  • Broker Type: Full-service broker (Axis Securities)
  • Founded: 2005
  • SEBI Registration: INZ000161633
  • NSE Member Code: 14816
  • Net Worth: Rs 1804.95 Cr

Charges & AMC

INDmoneyAxisDirect
  • Account Opening: Rs 0
  • Demat AMC: Rs 0 (lifetime in listed offer)
  • Account model: 2-in-1 (trading + Demat)
  • 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

INDmoneyAxisDirect
  • Equity Delivery: 0.05% or Rs 20, whichever is lower
  • Equity Intraday: 0.05% or Rs 20, whichever is lower (minimum Rs 2)
  • Equity Futures: Rs 20 per order
  • Equity Options: Rs 20 per order
  • US Stocks (global access): 0.25% per transaction, max $25
  • 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

INDmoneyAxisDirect
  • Minimum brokerage floor in some segments (for example Rs 2).
  • Pledge/unpledge fee per request applies.
  • Statutory and exchange charges apply where relevant.
  • MTF interest is plan dependent.
  • Usual statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.

Leverage (Margin)

INDmoneyAxisDirect
  • Margin wallet boost/MTF style offerings highlighted in source promotions.
  • Exact leverage depends on product, eligibility, and risk policy.
  • E-Margin (T+240) proposition is highlighted.
  • Margin Trading Facility interest rates vary by plan.

Features

INDmoneyAxisDirect
  • Unified money tracking plus investing app.
  • Indian and US investing from one account ecosystem.
  • Family finance tracking and planning support.
  • Dedicated INDstocks app for active trading 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

INDmoneyAxisDirect
  • INDmoney app
  • INDstocks app
  • Web onboarding and account management flow
  • Axis Direct Investor App
  • Axis Direct Trader App
  • Trader EXE desktop terminal
  • NXTOptions, Greeksoft, Spider, and allied advanced tools

Reviews & Ratings

INDmoneyAxisDirect
  • Positioned as a fast-growing digital-first wealth app.
  • In this extracted snapshot, no single consolidated numeric overall rating is listed.
  • Positioned as a trusted bank-backed full-service option.
  • In this source extract, no single numeric overall rating is explicitly listed.

Investment Options

INDmoneyAxisDirect
  • Indian stocks and ETFs
  • US stocks and ETFs
  • Mutual funds
  • IPO
  • F&O (equity)
  • NPS and fixed deposits
  • Equity and derivatives
  • Mutual funds and SIP
  • IPO, ETF, NCD, fixed income
  • Commodities, insurance, tax-saving products, unlisted stocks

Order Types Offered

INDmoneyAxisDirect
  • Standard order workflows for delivery and intraday.
  • Basket and options-chain based execution support in platform flow.
  • Standard order types on mobile/web/desktop
  • GTD support referenced in app features
  • Advanced derivatives and options workflow tools

Suitable For (Investor Type)

INDmoneyAxisDirect
  • Users seeking one app for India + US investing.
  • Mobile-first investors who want finance tracking and execution together.
  • Retail users looking for low entry-cost onboarding.
  • 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

INDmoneyAxisDirect
  • Pros:
  • Zero opening and AMC in listed offers.
  • Broad multi-asset coverage including US stocks.
  • Strong app-led convenience features.
  • Cons:
  • No classic 3-in-1 bank integration model.
  • Currency and commodity F&O availability is limited in the referenced snapshot.
  • 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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