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
Trade Smart is a well-known name in India’s Stock Broking industry, which is ranks well among the famous discount brokers in India.
Trade Smart is a Mumbai based broking firm, incorporated in 1994 by VNS Finance and Capital Ltd. It is the ideal spot for investors and traders looking for high margins with low brokerages and the fast trading platform.
Trade Smart began with the vision to offer a smart and consistent trading experience to users through their various services and trading platforms. From that point forward, Trade Smart has left no efforts in utilizing innovative technology solutions for easement customers in trading.
They have a daily trade value of Rs. 2500 crore with more than 17000 spangling customer base, which is growing day by day, providing their best facilities and national presence. Also, they have their branches at numerous locations across the nation, supported by no not exactly
Charge | AxisDirect | Trade Smart Online |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹200 |
Trading Acc Opening Charges | ₹999 (For a 3-in-1 Account) | ₹200 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹650 per year (free for 1st year) | ₹300 |
Charge | AxisDirect | Trade Smart Online |
---|---|---|
Plan Name | N/A | Power Trading Plan |
Equity Delivery | 0.50% | ₹15 per executed order |
Equity Intraday | 0.05% | ₹15 per executed order |
Equity Futures | 0.05% | ₹15 per executed order |
Equity Options | ₹0.01 or ₹10 per lot | ₹15 per executed order |
Currency Futures | 0.05% | ₹15 per executed order |
Currency Options | ₹0.01 or ₹10 per lot | ₹15 per executed order |
Commodity Options | Futures: 0.03% and Options: ₹50 per lot | ₹15 per executed order |
Mutual Fund | N/A | N/A |
Segment | AxisDirect | Trade Smart Online |
---|---|---|
Equity Delivery | 1x | 1x (No Margin) |
Equity Intraday | Upto 10x | Upto 30x |
Equity Future | 1x | MIS: 3X | BO: 7X | CO: 7X |
Equity Options | 1x | MIS: 3X | BO: 7X | CO: 7X |
Currency Future | 1x | MIS: 3X | BO: 3X | CO: 3X |
Currency Options | 1x | MIS: 3X |
Commodity Future | 3x | MIS: 2X | BO: 6X | CO: 6X |
Commodity Options | 1x | N/A |