Axis Direct Vs Trade Plus Online Which One is Best for You? | Best brokerage account in india | Discover Broker

Axis Direct

VS

Tradeplus

Background Services
Type of Broker Full Service Discount Broker
Founded 2011 1995
Active Clients 4,19,455 9,030
Product Offered Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Fixed Deposits. Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds.
Depository NSDL & CDSL NSDL & CDSL
Advisory / Research tips
Advisory Yes No
Charges
Account Opening Charges
Trading Account Rs. 999 Rs. 200
Demat Account Rs. 0 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account Rs. 499 Rs. 0
Demat Account Rs. 0 Rs. 200 per year
OR
Rs. 500 for 5 years
OR
Rs. 900 for 10 years
Commodity Account Rs. 0 Rs. 0
Brokerage Charges
Equity Delivery Rs. 20 per order Rs. 0
Equity Intraday Rs. 20 per order Rs. 9 or 0.01% on turnover (whichever is lower) per order
Equity Futures Rs. 20 per order Rs.9 per order
OR
Rs. 799 per month
Currency Futures Rs. 20 per order Rs.9 per order
OR
Rs. 799 per month
Commodity Futures Rs. 20 per order Rs.9 per order
OR
Rs. 799 per month
Equity Options Rs. 20 per order Rs.9 per order
OR
Rs. 99 per month
Currency Options Rs. 20 per order Rs.9 per order
OR
Rs. 99 per month
Commodity Options Rs. 20 per order Rs.9 per order
OR
Rs. 99 per month
Technology
Trading Platform Swift Trade 3.0. Infini Power.
Features
Shortcut Keys Yes Yes
Heat Map Yes No
Charting Yes Yes
Intraday Data (Days) - 10+ Days
EOD Data (Days) - 2555+ Days (7 Years)
Leverages
Equity Delivery No leverage No leverage
Intraday
Equity Spot 20x on turnover 10x on turnover
Equity Futures and Options No leverage 2x on ESM
Currency Futures and Options No leverage 2x on ESM
Commodity Futures and Options No leverage 2x on ESM
Intraday with BO & CO
Equity Spot No leverage 30x-40x on turnover
Equity Futures and Options No leverage 3% of contract value
Currency Futures and Options No leverage NIL
Commodity Futures and Options No leverage 20% SPAN or SPAN/5 for commodity futures
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts Yes No
Live Chat Yes Yes
Relationship Manager Yes No




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