FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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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...
About mStock
Incorporated in April 2022 by Mirae Asset Capital Markets (India) Pvt Ltd, m.Stock offers a comprehensive range of stockbroking services to retail clients under its brand. It offers investment opportunities in stocks, currencies, IPOs and direct mutual funds.
One of the platform's most attractive features is the lifetime zero brokerage plan with a one-time fee of Rs 999. Unlike most brokers, this plan ensures zero brokerage on F&O, Intraday, Delivery, IPOs, ETFs, Currency and Mutual Funds, m...
Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in 2022, mStock is a Discount. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
AxisDirect | mStock | |
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Type of Broker | Full Service Broker | Discount |
Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
Year of Incorporation | 2006 | 2022 |
Number of Branches | 56 | 0 |
AxisDirect trading account opening charges is Rs 900 while mStock account opening changes is Rs 999 (One TIme Cost). AxisDirect Demat Account AMC Charges is Rs 650 and mStock Demat Account AMC Charges is Annual Rs. 480 + GST (To be recovered on a Quarterly basis).
AxisDirect | mStock | |
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Trading Account Opening Charges | Rs 900 | Rs 999 (One TIme Cost) |
Trading Account AMC Charges | Rs 0 | Annual Rs. 480 + GST (To be recovered on a Quarter |
Demat Account Opening Charges | Rs 0 | Rs 999 (One TIme Cost) |
Demat Account AMC Charges | Rs 650 | Annual Rs. 480 + GST (To be recovered on a Quarterly basis) |
AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05% whereas mStock brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).
Account Type | AxisDirect Standard Brokerage Plan | mStock Lifetime Zero Brokerage Plan |
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Fixed Charges | NA | Rs 999 (One Time Payment) |
Equity Delivery | 0.50% | Rs 0 (Free) |
Equity Intraday | 0.05% | Rs 0 (Free) |
Equity Futures | 0.05% | Rs 0 (Free) |
Equity Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot | Rs 0 (Free) |
Currency Futures | 0.05% | Rs 0 (Free) |
Currency Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l | Rs 0 (Free) |
Commodity Futures | 0.03% | NA |
Commodity Options | Rs 50 per lot | NA |
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 | mStock | |
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Account Type | Standard Brokerage Plan | Rs 0 Plan |
Fixed Charges | NA | NA |
Equity Delivery | 0.50% | Rs 0 (Free) |
Equity Intraday | 0.05% | Rs.20 per Executed Order/0.3%of the turnover value |
Equity Futures | 0.05% | Rs 20 as per executer order |
Equity Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot | Rs 20 as per executer order |
Currency Futures | 0.05% | Rs 20 as per executer order |
Currency Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l | Rs 20 as per executer order |
Commodity Futures | 0.03% | NA |
Commodity Options | Rs 50 per lot | NA |
Minimum Brokerage | Rs 20 per trade | |
Other Charges | Rs 20/order - MTF | |
Call & Trade Charges | Rs 20 per call | Rs 0 (Free) |
AxisDirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while mStock exchange transaction charges for options is NSE Rs 4950 per Cr (0.0495%) (on premium).
AxisDirect | mStock | |
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Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 322 per Cr (0.00322%) | 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) | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 188 per Cr (0.00188%) | BSE Rs 0 |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 4950 per Cr (0.0495%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | NSE Rs 9 per Cr (0.00009%) |
Currency Options | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 35 per Cr (0.00035%) (on premium) |
Commodity | ||
AxisDirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the mStock margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
AxisDirect | mStock | |
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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) |
The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. mStock offers Mobile App & Web Platform trading software.
AxisDirect | mStock | |
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3 in 1 Account | ||
Charting | ||
Automated Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding | ||
Margin Against Shares (Equity Cash) | ||
Margin Against Shares (Equity F&O) | ||
Trading Platform | DirectTrade, Axisdirect Web, Axisdirect Mobile | Mobile App & Web Platform |
Intraday Square-off Time | 3:15 | |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | Buyback Trading | |
AxisDirect is rated 2.0 of 5 based on 89 customer reviews whereas .
AxisDirect Enquire | mStock Enquire | |
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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. |
AxisDirect | mStock | |
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Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | Loans, ETF, Corporate FD | Pay Later (MTF), Pledge Shares |
AxisDirect | mStock | |
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Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
AxisDirect | mStock | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
AxisDirect | mStock | |
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Casual Investor | ||
Active Investor | ||
Trader |
AxisDirect | mStock | |
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Reviews | ||
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
|
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Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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