IIFL Vs AxisDirect compare brokerage charges | stock broker india | which is the best stock broker in india |

IIFL

VS

Axis Direct

Background Services
Type of Broker Full Service Full Service
Founded 1995 2011
Active Clients 2,14,149 4,19,455
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, Fixed Deposits.
Depository CDSL NSDL & CDSL
Advisory / Research tips
Advisory Yes Yes
Charges
Account Opening Charges
Trading Account Rs. 0 Rs. 999
Demat Account Rs. 0 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account Free for 5 years, 6th year onwards 400 + GST Rs. 499
Demat Account Free for 5 years, 6th year onwards 400 + GST Rs. 0
Commodity Account Rs. 0 Rs. 0
Brokerage Charges
Equity Delivery 0.50% on turnover Rs. 20 per order
Equity Intraday 0.05% on turnover Rs. 20 per order
Equity Futures 0.05% on turnover Rs. 20 per order
Currency Futures 0.05% on turnover Rs. 20 per order
Commodity Futures - Rs. 20 per order
Equity Options 1% on premium or Rs.100 per lot Rs. 20 per order
Currency Options - Rs. 20 per order
Commodity Options - Rs. 20 per order
Technology
Trading Platform IIFL Trader Terminal. Swift Trade 3.0.
Features
Shortcut Keys Yes Yes
Heat Map Yes Yes
Charting Yes Yes
Intraday Data (Days) - -
EOD Data (Days) - -
Leverages
Equity Delivery 5x on turnover No leverage
Intraday
Equity Spot 10 - 15x on turnover 20x on turnover
Equity Futures and Options 10 - 12x on ESM No leverage
Currency Futures and Options 10 - 12x on ESM No leverage
Commodity Futures and Options 10 - 12x on ESM No leverage
Intraday with BO & CO
Equity Spot No leverage No leverage
Equity Futures and Options No leverage No leverage
Currency Futures and Options No leverage No leverage
Commodity Futures and Options No leverage No leverage
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts Yes Yes
Live Chat Yes Yes
Relationship Manager Yes Yes




GET LATEST OFFERS!
  • First 25 Trades Free!
  • 100% Free Demat Account!
  • 90% Brokerage Saving
  • 10-40 Times Extra Margin