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
Interactive Brokers, found in 1978 is currently one of the biggest discount brokers in the world. Naturally, the broker is regulated by different financial authorities according to the country, including UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC), and India’s Securities and Exchange Board of India (SEBI). It has presence over a number of countries worldwide!
A one-stop solution for Indian residents interested in investing both in the Indian as well as the global markets.
Interactive Brokers has business on over 135 market destinations worldwide, where they provide service of trading stocks, options, futures, forex, fixed income and funds worldwide, executing about 1,746,000 trades per day.
Interactive Brokers has its headquarters in Greenwich, Connecticut. It functions with over 1400 employees in a number of countries like the USA, Switzerland, Canada, India, Hong Kong, UK, Australia, Hungary, Russia, Japan, China and Estonia.
In India, the
Charge | AxisDirect | Interactive Brokers |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹999 (For a 3-in-1 Account) | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹650 per year (free for 1st year) | ₹0 |
Charge | AxisDirect | Interactive Brokers |
---|---|---|
Plan Name | N/A | N/A |
Equity Delivery | 0.50% | Minimum ₹6 and Upto ₹20 per executed order |
Equity Intraday | 0.05% | Minimum ₹6 and Upto ₹20 per executed order |
Equity Futures | 0.05% | Minimum ₹6 and Upto ₹20 per executed order |
Equity Options | ₹0.01 or ₹10 per lot | Minimum ₹6 and Upto ₹20 per executed order |
Currency Futures | 0.05% | Minimum ₹6 and Upto ₹20 per executed order |
Currency Options | ₹0.01 or ₹10 per lot | Minimum ₹6 and Upto ₹20 per executed order |
Commodity Options | Futures: 0.03% and Options: ₹50 per lot | N/A |
Mutual Fund | N/A | N/A |
Segment | AxisDirect | Interactive Brokers |
---|---|---|
Equity Delivery | 1x | N/A |
Equity Intraday | Upto 10x | N/A |
Equity Future | 1x | N/A |
Equity Options | 1x | N/A |
Currency Future | 1x | N/A |
Currency Options | 1x | N/A |
Commodity Future | 3x | N/A |
Commodity Options | 1x | N/A |
AxisDirect | Interactive Brokers |
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No data |