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

Find a Comparison of Axis Direct vs MStock 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 MStock.

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Axis Direct vs MStock – Company Overview

Company Overview Axis Direct MStock
Company Type Private Private
Headquarters Mumbai Mumbai
Founder Arun Thukral Park Hyeon-Joo
Establishment Year 2011 1997

Compare the Brokerage of Axis Direct and MStock

Brokerage Axis Direct MStock
Brokerage Plan Standard Plan Zero Delivery Plan
Subscription Charges Zero Zero
Equity Delivery 0.5% of Transaction Value Free
Equity Intraday 0.05% of Transaction Value Rs.20 per Trade
Equity Future 0.05% of Transaction Value Rs.20 per Trade
Equity Option Rs.10 per Trade Rs.20 per Trade
Commodity Future 0.05% of Transaction Value NA
Commodity Option Rs.10 per Trade NA
Currency Future NA Rs.20 per Trade
Currency Option NA Rs.20 per Trade

Axis Direct vs MStock – Trading Platforms

Trading Platforms Axis Direct MStock
Android App Axis Securities Android App Link MStock Android App Link
iOS App Axis Securities iOS App Link MStock iOS App Link
Web Trading Platform Axis Securities Web Trading Link MStock Web Trading Link
Trading Terminal Available NA
Algo Trading Platform NA NA
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 MStock – Trading Features

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

Compare Axis Direct vs MStock Offers

Offers Axis Direct MStock
Free Account Opening Yes No
Free AMC No No
Free Brokerage No Yes, Limited
Flat Brokerage Yes, Limited Yes
Flexible Brokerage Plans Yes Yes
Happy Trading Hours No No
Free Delivery Trading No Yes
Free Intraday Trading No Yes, Limited
Free F&O Trading No Yes, Limited
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 MStock – Products Provided

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

Axis Direct vs MStock – Services Provided

Services Provided Axis Direct MStock
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 No
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 MStock Advisory

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

Comparison of Axis Direct and MStock Exposure

Exposure Axis Direct MStock
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 & MStock

Programs Axis Direct MStock
Sub Broker Program Yes Yes, Limited
Partner Program Yes Yes, Limited
Referral Program Yes Yes

Axis Direct vs MStock – Ratings by Finec

Ratings Axis Direct MStock
Overall Rating 8.74 / 10 7.28 / 10
Customer Support 8.70 / 10 7.25 / 10
Technology 8.84 / 10 7.37 / 10
Charges 8.77 / 10 7.31 / 10
Products & Service 8.68 / 10 7.24 / 10
Experience 8.67 / 10 7.22 / 10

Compare Customer Support of Axis Direct and MStock

Customer Support Axis Direct MStock
Trading Support Available, Free Available, Chargeable
Dedicated Dealer Available, Free Available, Chargeable
Call Support 1800-210-0808 1800-2100-818
Email Support helpdesk@axisdirect.in help@mstock.com
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 NA

Comparison of Axis Direct & MStock Complaints

Complaints Axis Direct MStock
Total Complaints Lodged 76 113
Total Complaints Resolved 60 101
% of Resolved Complaints 78.95% 89.38%
Non Actionable Complaints 12 6
% of Non Actionable Complaints 15.79% 5.31%

Compare Demat Charges of Axis Direct vs MStock

Demat Charges Axis Direct MStock
Account Opening Charges Free Rs.149
Annual Maintenance Charges (AMC) Rs.750 (Rs.350 for first year) Rs.999

Axis Direct vs MStock – Compare STT & CTT

STT & CTT Axis Direct MStock
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 MStock

Stamp Duty Axis Direct MStock
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 MStock – Transaction Charges

Transaction Charges Axis Direct MStock
Equity Delivery 0.00335% (NSE) & As per Stock (BSE) 0.00325% (NSE) & 0.00375% (BSE)
Equity Intraday 0.00335% (NSE) & As per Stock (BSE) 0.00325% (NSE) & 0.00375% (BSE)
Equity Future 0.002% (NSE & BSE) 0.0019% (NSE & BSE)
Equity Option 0.053% (on premium) 0.05% (on premium)
Commodity Future 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) NA
Commodity Option 0.05% (Non Agri) NA
Currency Future NA 0.0009% (NSE)
Currency Option NA 0.035% (NSE)

Compare Pledge Charges of Axis Direct & MStock

Pledge Charges Axis Direct MStock
Pledge Creation Charges Rs.50 per Request or 0.04% of Value (whichever is higher) Rs.32 per Request
Pledge Invocation Charges Rs.50 per Request or 0.04% of Value (whichever is higher) Rs.32 per Request
Interest on Margin Trading 0.07% per day 0.05% per day

Comparison of Axis Direct and MStock – Hidden Charge

Hidden Charge Axis Direct MStock
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.20 per Scrip only on Sell Rs.12 per Scrip on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Nil Nil
Reactivation Charges Rs.100 Nil
Dematerialisation Charges Rs.5 per certificate or Rs.50 per request (whichever is higher) Rs.150 per Certificate
Call & Trade Charges Rs.25 per Trade Free

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