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AxisDirect Vs Dhan (Compare AxisDirect and Dhan)

Axis Securities Logo

About AxisDirect
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. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

Moneylicious Securities Pvt Ltd Logo

About Dhan
Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to create wealth, and Dhan is committed to providing these options. Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL as well as NSE, BSE and MCX stock exchanges. Dhan offers a variety of products including Stocks, ETFs, Options, Futures and Commoditi... Know more about Moneylicious Securities Pvt Ltd

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AxisDirect Vs Dhan

Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  AxisDirect Dhan
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 2006 2021
Number of Branches 56 1

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AxisDirect Vs Dhan Charges & AMC

AxisDirect trading account opening charges is Rs 900 while Dhan account opening changes is Rs 0 (Free). AxisDirect Demat Account AMC Charges is Rs 650 and Dhan Demat Account AMC Charges is ₹0 (Lifetime Zero AMC).

  AxisDirect Dhan
Trading Account Opening Charges Rs 900 Rs 0 (Free)
Trading Account AMC Charges Rs 0 ₹0 (Free)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 650 ₹0 (Lifetime Zero AMC)

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AxisDirect Vs Dhan Brokerage

AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05% whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.

Account Type AxisDirect Standard Brokerage Plan Dhan Flat Rate Plan
Fixed Charges NA Rs 0 or Nill
Equity Delivery 0.50% Rs. 0
Equity Intraday 0.05% Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures 0.05% Rs 20 or 0.03% of trade value, whichever is lower
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Rs 20 per executed order
Currency Futures 0.05% Rs 20 per executed order or 0.03% of trade value
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l Rs 20 per executed order
Commodity Futures 0.03% Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options Rs 50 per lot Rs 20 per executed order
Special Offer

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.

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.

AxisDirect Charges Vs Dhan

Minimum Brokerage Rs 20 per trade Rs 20
Other Charges
Call & Trade Charges Rs 20 per call Rs 50 per order

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AxisDirect Vs Dhan Leverage (Margin)

AxisDirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Dhan margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  AxisDirect Dhan
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)

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Compare AxisDirect and Dhan Features

The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

  AxisDirect Dhan
3 in 1 Account Yes Yes
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform DirectTrade, Axisdirect Web, Axisdirect Mobile Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off Time 3:15 3:20 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes Yes
Other Features APIs for Algo Trading, smallcases on Dhan

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AxisDirect Vs Dhan Review

AxisDirect is rated 2.0 of 5 based on 89 customer reviews whereas Dhan is rated 3.0 of 5 based on 28 customer reviews.

  AxisDirect Dhan
  89 Customer Reviews    Rate AxisDirect 28 Customer Reviews    Rate Dhan
Fees 2.0 4.0
Brokerage 1.8 3.3
Trading Platform 2.5 3.4
Customer Service 2.1 2.4
Research Capabilities 2.7 2.8
Overall Ratings Rated 2.0 stars Rated 3.0 stars
Broker Rating AxisDirect is rated 2.0 of 5 based on 89 customer reviews Dhan is rated 3.0 of 5 based on 28 customer reviews

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Contact Broker / Request A Call Back

  AxisDirect Enquire Dhan Enquire
Contact Broker 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. 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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AxisDirect Vs Dhan Investment Options

  AxisDirect Dhan
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options Loans, ETF, Corporate FD

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AxisDirect Vs Dhan Order Type Offered

  AxisDirect Dhan
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes

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AxisDirect Vs Dhan Research Report

  AxisDirect Dhan
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes Yes

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AxisDirect Vs Dhan Suitable For Investor Type

  AxisDirect Dhan
Casual Investor Yes
Active Investor Yes
Trader Yes

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AxisDirect Vs Dhan - Pros and Cons

  AxisDirect Dhan
Pros
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
  • Safe, reliable, and technologically first online broker.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free account opening.
  • AMC free demat account.
  • Free equity delivery trades.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Offers 3-in-1 account for ICICI bank users.
Cons
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 20 per order.
  • It does not offer monthly unlimited trading plans.
Reviews
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

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