It is the lineage of the Axis group and a subsidiary of India's third largest private sector bank. Axis direct provides a wide spectrum of investment and trading solutions to over 20 million clients. It won the title of Top Equity broker two years in a row 2018-19 by the BSE outlook. It allows trade via BSE, NSE, MCX and NCDEX exchange.
The Mumbai-based subsidiary was started in 2011 by key people of the Axis group, B. Gopkumar (MD) and Anand Shaha (ED). It offers various financial products to its consumers like Mutual funds, SIP, Equity derivatives, IPO, ETFs, Tax Saving , Fixed income etc. With the motto and tagline of #SimpleHai Axis Direct aims to become a key player in the retails broking industry. They are a full-service broker firm with over 75 branches across India.
In addition to this, Axis direct provides the 3-in-1 account facility which
A Bangalore based discount broker, Alice Blue is working hard to get ahead in the list of discount brokers in India. Of course, it isn't that easy to maintain a stronghold amid other key players in the stock broker world. However, it's brokerage free equity delivery model is catching the attention of potential traders.
Alice Blue is an online stockbroker and one of the oldest stockbrokers in the Indian capital market. This modern, technology-driven firm was incorporated in 2006 with the vision to provide advanced broking services to its clients and stakeholders. The USP of Alice Blue is the cost-free broking solutions they provide. With zero trading charges and dedicated customer support services, Alice Blue Stock Broking firm stands out in the Stock market as exemplary.
Founded by Sidhavelayutham M. in Bangalore who is now CEO of the company introduced the concept of professional marketing of broking services
Charge | AxisDirect | Alice Blue |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹999 (For a 3-in-1 Account) | Equity ₹310, MCX ₹200 & ₹500 All segments |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹650 per year (free for 1st year) | ₹400 |
Charge | AxisDirect | Alice Blue |
---|---|---|
Plan Name | N/A | Freedom 15 Plan |
Equity Delivery | 0.50% | ₹0 |
Equity Intraday | 0.05% | ₹15 per order or 0.01% whichever is lower |
Equity Futures | 0.05% | ₹15 per order or 0.01% whichever is lower |
Equity Options | ₹0.01 or ₹10 per lot | ₹15 per order |
Currency Futures | 0.05% | ₹15 per order or 0.01% whichever is lower |
Currency Options | ₹0.01 or ₹10 per lot | ₹15 per order |
Commodity Options | Futures: 0.03% and Options: ₹50 per lot | Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order |
Mutual Fund | N/A | N/A |
Segment | AxisDirect | Alice Blue |
---|---|---|
Equity Delivery | 1x | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
Equity Intraday | Upto 10x | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
Equity Future | 1x | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Equity Options | 1x | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x |
Currency Future | 1x | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Currency Options | 1x | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x |
Commodity Future | 3x | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Commodity Options | 1x | N/A |