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
Start talking of the list of discount brokerages in India, it gets longer every day. And, this list sounds incomplete without adding Wisdom Capital brokerage firm. Since its inception in 2013, Wisdom Capital, an online brand of Ashlar Group of Companies is one of the fast evolving stock brokers in India. Being a discount broker, it offers a low-brokerage model coupled with advanced online trading facilities.
A popular online discount broker having an offline presence through 250+ franchises offering services in Equity, Futures & Options, commodities at BSE, NSE, MCX and NCDEX. You can trade in various market segments like NSE Cash, F&O, Commodity and Currency. But, you can't invest in IPO, FPO or Mutual funds through this platform.
Wisdom Capital provides 3 different brokerage plans:
Freedom Plan
Pro Plan
Ultimate Plan (Designed specifically for HNI i.e.high-net worth individuals and offers high leverage)
However, the biggest attraction is its
Charge | AxisDirect | Wisdom Capital |
---|---|---|
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) | ₹999 (Lifetime Account) |
Charge | AxisDirect | Wisdom Capital |
---|---|---|
Plan Name | N/A | Ultimate Plan |
Equity Delivery | 0.50% | 0.007% |
Equity Intraday | 0.05% | 0.007% |
Equity Futures | 0.05% | 0.005%\t |
Equity Options | ₹0.01 or ₹10 per lot | ₹ 15/Lot |
Currency Futures | 0.05% | ₹9 per executed order |
Currency Options | ₹0.01 or ₹10 per lot | ₹9 per executed order |
Commodity Options | Futures: 0.03% and Options: ₹50 per lot | 0.005% |
Mutual Fund | N/A | N/A |
Segment | AxisDirect | Wisdom Capital |
---|---|---|
Equity Delivery | 1x | 5x to 40x (as per brokerage plan) |
Equity Intraday | Upto 10x | 5x to 40x (as per brokerage plan) |
Equity Future | 1x | 5x to 20x (as per brokerage plan) |
Equity Options | 1x | 5x to 40x (as per brokerage plan) |
Currency Future | 1x | 4x to 15x (as per brokerage plan) |
Currency Options | 1x | 4x to 15x (as per brokerage plan) |
Commodity Future | 3x | 5x to 20x (as per brokerage plan) |
Commodity Options | 1x | N/A |