Axis Direct vs IDBI Direct – Compare Charges, Trading Features, Offers & more

Find a Comparison of Axis Direct vs IDBI Direct here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Axis Direct and IDBI Direct.

  • Compare Stock Broker

Axis Direct vs IDBI Direct – Company Overview

Company Overview Axis Direct IDBI Direct
Company Type Private Public
Headquarters Mumbai Mumbai
Founder Arun Thukral Nagaraj Garla
Establishment Year 2011 1993

Compare the Brokerage of Axis Direct and IDBI Direct

Brokerage Axis Direct IDBI Direct
Brokerage Plan Standard Plan Standard Plan
Subscription Charges Zero Zero
Equity Delivery 0.5% of Transaction Value 0.50% of Transaction Value
Equity Intraday 0.05% of Transaction Value 0.05% of Transaction Value
Equity Future 0.05% of Transaction Value 0.05% of Transaction Value
Equity Option Rs.10 per Trade Rs.50 per Lot
Commodity Future 0.05% of Transaction Value 0.05% of Transaction Value
Commodity Option Rs.10 per Trade Rs.50 per Lot
Currency Future NA 0.05% of Transaction Value
Currency Option NA Rs.50 per Lot

Axis Direct vs IDBI Direct – Trading Platforms

Trading Platforms Axis Direct IDBI Direct
Android App Axis Securities Android App Link IDBI Direct Android App Link
iOS App Axis Securities iOS App Link IDBI Direct iOS App Link
Web Trading Platform Axis Securities Web Trading Link IDBI Direct Web Trading Link
Trading Terminal Available Available
Algo Trading Platform NA Available
Foreign Stocks Trading Platform NA NA
Basket Trading Platform NA NA
Mutual Fund Investment Platform Available Available
Digital Gold Investment Platform Available NA
Bonds Investment Platform Available NA

Comparison of Axis Direct and IDBI Direct – Trading Features

Trading Features Axis Direct IDBI Direct
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes Yes
Research Reports Yes Yes
Global indices No No
Customised Recommendations Yes No
Stock tips Yes No
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management Yes Yes
Robust & Secure Platform Yes Yes

Compare Axis Direct vs IDBI Direct Offers

Offers Axis Direct IDBI Direct
Free Account Opening Yes Yes
Free AMC No No
Free Brokerage No No
Flat Brokerage Yes, Limited No
Flexible Brokerage Plans Yes Yes
Happy Trading Hours No No
Free Delivery Trading No No
Free Intraday Trading No No
Free F&O Trading No No
Free Research Reports Yes Yes
Free Trading calls Yes Yes
Referral Offers Upto Rs.500 per Client Upto Rs.500 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

Axis Direct vs IDBI Direct – Products Provided

Products Provided Axis Direct IDBI Direct
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option Yes Yes
Commodity Future Yes Yes
Currency Option No Yes
Currency Future No Yes
Foreign Stocks No No
Mutual Funds Yes Yes
Banking Yes Yes
Insurance Yes Yes
Corporate Bonds Yes Yes
Govt. Bonds Yes Yes
Digital Gold Yes No

Axis Direct vs IDBI Direct – Services Provided

Services Provided Axis Direct IDBI Direct
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes Yes
3 in 1 Account Yes Yes
Stock Research Yes Yes
Stock Recommendations Yes Yes
Trading Institution Yes, Learn No
Share Pledging Yes Yes
PMS or PCG Yes No
NRI Services Yes No

Compare Axis Direct and IDBI Direct Advisory

Advisory Axis Direct IDBI Direct
Fundamental Reports Yes Yes
Research Reports Yes Yes
Company Reports Yes Yes
Annual Reports Yes Yes
IPO Reports Yes Yes
Technical Reports Yes No
Stock Tips Yes No
Daily Top Stock Picks Yes No
Daily Market Review Yes Yes
Monthly Review Yes Yes
Weekly Review Yes Yes
Relationship Manager Yes Yes
Robo Advisory No No

Comparison of Axis Direct and IDBI Direct Exposure

Exposure Axis Direct IDBI Direct
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1x
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Compare Programs of Axis Direct & IDBI Direct

Programs Axis Direct IDBI Direct
Sub Broker Program Yes Yes
Partner Program Yes Yes
Referral Program Yes Yes

Axis Direct vs IDBI Direct – Ratings by Finec

Ratings Axis Direct IDBI Direct
Overall Rating 8.74 / 10 7.60 / 10
Customer Support 8.70 / 10 7.57 / 10
Technology 8.84 / 10 7.70 / 10
Charges 8.77 / 10 7.63 / 10
Products & Service 8.68 / 10 7.56 / 10
Experience 8.67 / 10 7.54 / 10

Compare Customer Support of Axis Direct and IDBI Direct

Customer Support Axis Direct IDBI Direct
Trading Support Available, Free Available, Free
Dedicated Dealer Available, Free Available, Free
Call Support 1800-210-0808 022-67719100
Email Support helpdesk@axisdirect.in customercare@idbi.co.in
Whatsapp Support NA NA
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support NA NA
Branches / Offices Available Available

Comparison of Axis Direct & IDBI Direct Complaints

Complaints Axis Direct IDBI Direct
Total Complaints Lodged 76 35
Total Complaints Resolved 60 28
% of Resolved Complaints 78.95% 80.00%
Non Actionable Complaints 12 3
% of Non Actionable Complaints 15.79% 8.57%

Compare Demat Charges of Axis Direct vs IDBI Direct

Demat Charges Axis Direct IDBI Direct
Account Opening Charges Free Free
Annual Maintenance Charges (AMC) Rs.750 (Rs.350 for first year) Rs.350 per Year

Axis Direct vs IDBI Direct – Compare STT & CTT

STT & CTT Axis Direct IDBI Direct
Equity Delivery 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday 0.025% on sell 0.025% on sell
Equity Future 0.0125% on sell 0.0125% on sell
Equity Option 0.0625% on sell (on premium) 0.0625% on sell (on premium)
Commodity Future 0.01% on sell (Non-Agri) 0.01% on sell (Non-Agri)
Commodity Option 0.05% on sell 0.05% on sell
Currency Future NA Nil
Currency Option NA Nil

Compare Stamp Duty of Axis Direct and IDBI Direct

Stamp Duty Axis Direct IDBI Direct
Equity Delivery 0.015% on buy 0.015% on buy
Equity Intraday 0.003% on buy 0.003% on buy
Equity Future 0.002% on buy 0.002% on buy
Equity Option 0.003% on buy 0.003% on buy
Commodity Future 0.002% on buy 0.002% on buy
Commodity Option 0.003% on buy 0.003% on buy
Currency Future NA 0.0001% on buy
Currency Option NA 0.0001% on buy

Axis Direct vs IDBI Direct – Transaction Charges

Transaction Charges Axis Direct IDBI Direct
Equity Delivery 0.00335% (NSE) & As per Stock (BSE) 0.00345% (NSE) & 0.00375% (BSE)
Equity Intraday 0.00335% (NSE) & As per Stock (BSE) 0.00345% (NSE) & 0.00375% (BSE)
Equity Future 0.002% (NSE & BSE) 0.002% (NSE & BSE)
Equity Option 0.053% (on premium) 0.053% (on premium)
Commodity Future 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)
Commodity Option 0.05% (Non Agri) 0.05% (Non Agri)
Currency Future NA 0.0009% (NSE) & 0.00022% (BSE)
Currency Option NA 0.035% (NSE) & 0.001% (BSE)

Compare Pledge Charges of Axis Direct & IDBI Direct

Pledge Charges Axis Direct IDBI Direct
Pledge Creation Charges Rs.50 per Request or 0.04% of Value (whichever is higher) Rs.50 per Request or 0.04% of Value (whichever is higher)
Pledge Invocation Charges Rs.50 per Request or 0.04% of Value (whichever is higher) Rs.50 per Request or 0.04% of Value (whichever is higher)
Interest on Margin Trading 0.07% per day 0.07% per day

Comparison of Axis Direct and IDBI Direct – Hidden Charge

Hidden Charge Axis Direct IDBI Direct
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.20 per Scrip only on Sell Rs.25 per Scrip on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Nil Rs.150
Reactivation Charges Rs.100 Rs.100
Dematerialisation Charges Rs.5 per certificate or Rs.50 per request (whichever is higher) Rs.35 per Certificate
Call & Trade Charges Rs.25 per Trade Free

Compare more Stock Brokers Now!

Invest with Zero Brokerage Now!Open Demat Account