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AxisDirect Vs Tradingo (Compare AxisDirect and Tradingo)

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

Tradingo (Swastika Investmart Ltd) Logo

About Tradingo
Tradingo is an online trading platform, powered by Swastika Investmart Limited (SEBI Reg. No. : INZ000192732), a traditional brokerage company and financial service provider since 1992. Tradingo is a discount broker that offers transparent and affordable brokerage services to customers who want to trade in the Indian stock market. They allow people to trade online with the help of a broker, ensuring faster and more cost-effective transactions, offering a wide range of financial products and serv... Know more about Tradingo (Swastika Investmart Ltd)

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AxisDirect Vs Tradingo

Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

  AxisDirect Tradingo
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE, BSE, MCX and NCDEX
Year of Incorporation 2006 2016
Number of Branches 56
Open Tradingo Account

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AxisDirect Vs Tradingo Charges & AMC

AxisDirect trading account opening charges is Rs 900 while Tradingo account opening changes is Rs 0 (Free). AxisDirect Demat Account AMC Charges is Rs 650 and Tradingo Demat Account AMC Charges is Rs 250 +GST (From 2nd Year).

  AxisDirect Tradingo
Trading Account Opening Charges Rs 900 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 650 Rs 250 +GST (From 2nd Year)

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AxisDirect Vs Tradingo Brokerage

AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05% whereas Tradingo brokerage charges for equity is Rs 20 per trade or 2.5% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower).

Account Type AxisDirect Standard Brokerage Plan Tradingo Discount Broking Plan
Fixed Charges NA Nil
Equity Delivery 0.50% Rs 20 per trade or 2.5% (whichever is lower)
Equity Intraday 0.05% Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures 0.05% Rs 20 per trade or 0.05% (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 trade or 0.05% (whichever is lower)
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 per trade or 0.05% (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.

Special Offer: Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer

AxisDirect Vs Tradingo Brokerage Plan 2

  AxisDirect Tradingo
Account Type Standard Brokerage Plan Premium Plan
Fixed Charges NA
Equity Delivery 0.50% 0.3% of trade value
Equity Intraday 0.05% 0.03% of trade value
Equity Futures 0.05% 0.03% of trade value
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Rs 30 per lot
Currency Futures 0.05% 0.3% of trade value
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l Rs 30 per lot
Commodity Futures 0.03% 0.3% of trade value
Commodity Options Rs 50 per lot Rs 30 per lot
Open Tradingo Account

AxisDirect Charges Vs Tradingo

Minimum Brokerage Rs 20 per trade Rs 0
Other Charges Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade Charges Rs 20 per call Additional Rs 20 per executed order

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AxisDirect Vs Tradingo Transaction Charges

AxisDirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Tradingo exchange transaction charges for options is NSE Rs 7500 per Cr (0.075%) | BSE Rs 50 per Cr (0.0005%) (on premium).

  AxisDirect Tradingo
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 275 per Cr (0.00275%) (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 275 per Cr (0.00275%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 325 per Cr (0.00325%) | BSE Rs 50 per Cr (0.0005%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 7500 per Cr (0.075%) | BSE Rs 50 per Cr (0.0005%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 160 per Cr (0.0016%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 6000 per Cr (0.06%) (on premium)
Commodity Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr
Open Tradingo Account

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AxisDirect Vs Tradingo Leverage (Margin)

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

  AxisDirect Tradingo
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)
Open Tradingo Account

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Compare AxisDirect and Tradingo Features

The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. Tradingo offers Tradingo, Justrade trading software.

  AxisDirect Tradingo
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
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 Tradingo, Justrade
Intraday Square-off Time 3:15 Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Trading In SME Shares Allowed?
Referral Program Yes
Other Features
Open Tradingo Account

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AxisDirect Vs Tradingo Review

AxisDirect is rated 2.0 of 5 based on 89 customer reviews whereas Tradingo is rated 4.0 of 5 based on 6 customer reviews.

  AxisDirect Tradingo
  89 Customer Reviews    Rate AxisDirect 6 Customer Reviews    Rate Tradingo
Fees 2.0 4.2
Brokerage 1.8 4.7
Trading Platform 2.5 3.5
Customer Service 2.1 3.8
Research Capabilities 2.7 2.0
Overall Ratings Rated 2.0 stars Rated 4.0 stars
Broker Rating AxisDirect is rated 2.0 of 5 based on 89 customer reviews Tradingo is rated 4.0 of 5 based on 6 customer reviews

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Contact Broker / Request A Call Back

  AxisDirect Enquire Tradingo 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. Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer

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AxisDirect Vs Tradingo Investment Options

  AxisDirect Tradingo
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, ETF, Corporate FD

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AxisDirect Vs Tradingo Order Type Offered

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

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AxisDirect Vs Tradingo Research Report

  AxisDirect Tradingo
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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AxisDirect Vs Tradingo Suitable For Investor Type

  AxisDirect Tradingo
Casual Investor Yes
Active Investor Yes
Trader Yes

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AxisDirect Vs Tradingo - Pros and Cons

  AxisDirect Tradingo
Pros
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
  • Discount stock broker.
  • Offer margin funding and higher exposure.
  • 3 different trading platforms: ODIN, NSE Now, JUSTRADE
  • Online IPO and Mutual Funds available.
  • Free trading software
  • Branches in 80+ cities.
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
  • Call & trade is changed Rs 20 extra.
  • Doesn't offer 3-in-1 account
  • Charge annual maintenance change on demat account.
Reviews

Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks.

Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers.

Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges Rs 20 per order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per trade or 0.05% (whichever is lower) for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.

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

Tradingo Special Offer

Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery and pay Rs 20 per executed order or 0.05% (whichever is lower) brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Open Tradingo Account

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