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ICICIdirect Vs AxisDirect (Compare ICICIdirect and AxisDirect)

About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc. ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tradin...

ICICIdirect Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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...

AxisDirect Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

ICICIdirect Vs AxisDirect

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

	ICICIdirect	AxisDirect
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX
Year of Incorporation	2000	2006
Number of Branches	154	56

ICICIdirect Vs AxisDirect Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 900. ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and AxisDirect Demat Account AMC Charges is Rs 650.

	ICICIdirect	AxisDirect
Trading Account Opening Charges	Rs 0 (Free)	Rs 900
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 300 (from 2nd year)	Rs 650

ICICIdirect Vs AxisDirect Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

Account Type	ICICIdirect ICICI Neo Plan	AxisDirect Standard Brokerage Plan
Fixed Charges	NA	NA
Equity Delivery	0.55%	0.50%
Equity Intraday	Rs 20 per order	0.05%
Equity Futures	Rs 0 (Free)	0.05%
Equity Options	Rs 20 per order	Intraday: Rs 0.01 per lot \| Carry Forward: Rs 10 per lot
Currency Futures	Rs 20 per order	0.05%
Currency Options	Rs 20 per order	Intraday: Rs 0.01 per lot \| Carry Forward: Rs 10 per l
Commodity Futures	Rs 20 per order	0.03%
Commodity Options	Rs 20 per order	Rs 50 per lot
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.

ICICIdirect Vs AxisDirect Brokerage Plan 2

	ICICIdirect	AxisDirect
Account Type	I-Secure Plan	Standard Brokerage Plan
Fixed Charges	NA	NA
Equity Delivery	0.55%	0.50%
Equity Intraday	0.275%	0.05%
Equity Futures	0.05%	0.05%
Equity Options	Rs 95 per lot	Intraday: Rs 0.01 per lot \| Carry Forward: Rs 10 per lot
Currency Futures	Rs 20 per order	0.05%
Currency Options	Rs 20 per order	Intraday: Rs 0.01 per lot \| Carry Forward: Rs 10 per l
Commodity Futures	Rs 20 per order	0.03%
Commodity Options	Rs 20 per order	Rs 50 per lot

ICICIdirect Charges Vs AxisDirect

Minimum Brokerage	Rs 35 per trade (I-Secure Plan)	Rs 20 per trade
Other Charges	Margin Trading Interest: 0.025% Per day
Call & Trade Charges	Rs 50 per trade	Rs 20 per call

ICICIdirect Vs AxisDirect Transaction Charges

ICICIdirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

	ICICIdirect	AxisDirect
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	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)	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	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)	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%)	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)	NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Group A - Rs 260 per Cr (0.0026%)

ICICIdirect Vs AxisDirect Leverage (Margin)

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

	ICICIdirect	AxisDirect
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)

Compare ICICIdirect and AxisDirect Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

	ICICIdirect	AxisDirect
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	ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App	DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time	3:30 PM	3:15
Trading In SME Shares Allowed?
Referral Program
Other Features	Bullet Trading, Can trade in 32 exchanges through Saxo Trader

ICICIdirect Vs AxisDirect Review

ICICIdirect is rated 2.3 of 5 based on 482 customer reviews whereas AxisDirect is rated 2.0 of 5 based on 89 customer reviews.

	ICICIdirect	AxisDirect
	482 Customer Reviews	89 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICIdirect is rated 2.3 of 5 based on 482 customer reviews	AxisDirect is rated 2.0 of 5 based on 89 customer reviews

Contact Broker / Request A Call Back

	ICICIdirect Enquire	AxisDirect 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.

ICICIdirect Vs AxisDirect Investment Options

	ICICIdirect	AxisDirect
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS	Loans, ETF, Corporate FD

ICICIdirect Vs AxisDirect Order Type Offered

	ICICIdirect	AxisDirect
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

ICICIdirect Vs AxisDirect Research Report

	ICICIdirect	AxisDirect
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

ICICIdirect Vs AxisDirect Suitable For Investor Type

	ICICIdirect	AxisDirect
Casual Investor
Active Investor
Trader

ICICIdirect Vs AxisDirect - Pros and Cons

	ICICIdirect	AxisDirect
Pros	Offers 3-in-1 account which makes stock market investment very easy for casual investors. Wide range of investment options available under one portal. Provides a low bandwidth website which works well where internet connection is slow. GTC (good till cancellation) and off-market hours order placement facility is very useful.	Offers 3-in-1 investment account Free research reports Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons	ICICI Security charges highest brokerage in comparison to most of the retail brokers in India. Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower. Poor performance of website is reported in peak hours of trading. Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750. Demat Account is mandatory. Call & trade cost extra Rs 50 per trade in Neo/Prime Plans.	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
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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