Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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8.96% 404,885 Clients
Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers.
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AxisDirect offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with AxisDirect. AxisDirect fee structure and trading commission rates are explained as below.
To open AxisDirect account you have to pay account opening charges and annual maintenance charges (AMC).
| Transaction | Fee |
|---|---|
| Trading Account Opening Charges (One Time) | Rs 900 |
| Trading Annual Maintenance Charges AMC (Yearly Fee) | Rs 0 |
| Demat Account Opening Charges (One Time) | Rs 0 |
| Demat Account Annual Maintenance Charges AMC (Yearly Fee) | Rs 650 |
Customer pays a commission (brokerage) when buying or selling stocks through AxisDirect. The brokerage charges for equity, commodities and currency derivative trading for AxisDirect are explained as below.
| Segment | Brokerage Fee |
|---|---|
| Monthly Fee (Fixed) | NA |
| Equity Delivery | 0.50% |
| Equity Intraday | 0.05% |
| Equity Futures | 0.05% |
| Equity Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
| Currency Futures | 0.05% |
| Currency Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l |
| Commodity Futures | 0.03% |
| Commodity Options | Rs 50 per lot |
The Demat account transactions are charged separately from the trading commission. Find AxisDirect Demat account charges 2024.
AxisDirect trading and demat account opening charges are Rs 900. AxisDirect charges
Rs 650 per year demat account AMC. AxisDirect demat debit transaction charge of Rs
per debit transaction.
| ID | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening Charges | Rs 900 |
| 2 | Transaction Charges (Buy) | |
| 3 | Transaction Charges (Sell) |
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| 4 | Annual Maintenance Charges (AMC) |
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| 5 | Demat + Courier charges |
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| 6 | Remat |
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| 7 | Pledge Creation |
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| 8 | Pledge Creation Confirmation | Nil |
| 9 | Pledge Invocation |
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| 10 | Failed Transactions | Rs 10 per Instruction |
| 11 | Other Charges |
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A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
| Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
| Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
| Currency Options | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
| Commodity |
AxisDirect charges government taxes and fees in addition to the brokerage. These AxisDirect trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the AxisDirect tax calculation.
| Tax AxisDirect | Rates |
|---|---|
| |
Exchange Transaction Charges | |
GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
SEBI Charges | 0.0001% (₹10/Crore) of the turnover (except for Agri futures where it is Rs 1 per crore) |
Stamp Duty | (On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
Axis Bank offers Trade@20 plan for stock trading. This plan offers Equity and Equity Derivatives trading at BSE and NSE. In this plan, the brokerage is charged at a flat rate of Rs 20 per trade when you maintain a minimum 'Average Quarterly Balance' of Rs 75,000 in the Axis Bank account linked to the trading account.
If you do not maintain 'Average Quarterly Balance', you are moved to default Fixed Brokerage Plan where you are charged the brokerage in % (i.e. Equity Delivery at 0.50%).
Yes, a non-Axis bank account holder can open a trading and demat account with Axis Securities and avail the Trade@20 Plan by paying an additional Rs 250 per month maintenance fee.
Axis bank Rs 20 per trade plan (Trade@20 Plan) is designed for 3-in-1 account holders who maintain a minimum 'Average Quarterly Balance' of Rs 75,000 in their linked Axis Bank account.
No, Axis Trade@20 plan (Rs 20 per trade) is not for commodity trading at MCX. For commodity trading customer has to pay default fixed brokerage as below:
No, Axis Trade@20 plan (Rs 20 per trade) is not for currency derivatives. For currency trading customer has to pay default fixed brokerage as below:
Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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Information on this page was last updated on Thursday, November 23, 2023
Zerodha (Flat Rs 20 Per Trade)
Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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