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

Find a Comparison of Axis Direct vs Nuvama 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 Nuvama.

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Axis Direct vs Nuvama – Company Overview

Company Overview Axis Direct Nuvama
Company Type Private Private
Headquarters Mumbai Ahmedabad
Founder Arun Thukral Rashesh Shah
Establishment Year 2011 2008

Compare the Brokerage of Axis Direct and Nuvama

Brokerage Axis Direct Nuvama
Brokerage Plan Standard Plan Lite Plan
Subscription Charges Zero Zero
Equity Delivery 0.5% of Transaction Value Rs.10 per Trade or 0.01% (whichever is low)
Equity Intraday 0.05% of Transaction Value Rs.10 per Trade or 0.01% (whichever is Low)
Equity Future 0.05% of Transaction Value Rs.10 per Trade
Equity Option Rs.10 per Trade Rs.10 per Trade
Commodity Future 0.05% of Transaction Value NA
Commodity Option Rs.10 per Trade NA
Currency Future NA Rs.10 executed order
Currency Option NA Rs.10 per Trade

Axis Direct vs Nuvama – Trading Platforms

Trading Platforms Axis Direct Nuvama
Android App Axis Securities Android App Link Nuvama Android App Link
iOS App Axis Securities iOS App Link Nuvama iOS App Link
Web Trading Platform Axis Securities Web Trading Link Nuvama 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 Nuvama – Trading Features

Trading Features Axis Direct Nuvama
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes Yes
Research Reports Yes Yes, chargeable
Global indices No Yes
Customised Recommendations Yes Yes
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 Nuvama Offers

Offers Axis Direct Nuvama
Free Account Opening Yes Yes
Free AMC No Yes
Free Brokerage No No
Flat Brokerage Yes, Limited Yes, Limited
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 No
Referral Offers Upto Rs.500 per Client Upto Rs.1,000 per referral
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

Axis Direct vs Nuvama – Products Provided

Products Provided Axis Direct Nuvama
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 No
Insurance Yes Yes
Corporate Bonds Yes No
Govt. Bonds Yes No
Digital Gold Yes No

Axis Direct vs Nuvama – Services Provided

Services Provided Axis Direct Nuvama
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 Yes, Investology
Share Pledging Yes Yes
PMS or PCG Yes No
NRI Services Yes No

Compare Axis Direct and Nuvama Advisory

Advisory Axis Direct Nuvama
Fundamental Reports Yes Yes
Research Reports Yes Yes, chargeable
Company Reports Yes Yes
Annual Reports Yes Yes
IPO Reports Yes Yes
Technical Reports Yes Yes
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 Yes
Robo Advisory No No

Comparison of Axis Direct and Nuvama Exposure

Exposure Axis Direct Nuvama
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 & Nuvama

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

Axis Direct vs Nuvama – Ratings by Finec

Ratings Axis Direct Nuvama
Overall Rating 8.74 / 10 8.41 / 10
Customer Support 8.70 / 10 8.38 / 10
Technology 8.84 / 10 8.51 / 10
Charges 8.77 / 10 8.45 / 10
Products & Service 8.68 / 10 8.36 / 10
Experience 8.67 / 10 8.34 / 10

Compare Customer Support of Axis Direct and Nuvama

Customer Support Axis Direct Nuvama
Trading Support Available, Free Available, Chargeable
Dedicated Dealer Available, Free Available, Chargeable
Call Support 1800-210-0808 022-66203030
Email Support helpdesk@axisdirect.in Secretarial@nuvama.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 & Nuvama Complaints

Complaints Axis Direct Nuvama
Total Complaints Lodged 76 117
Total Complaints Resolved 60 102
% of Resolved Complaints 78.95% 87.18%
Non Actionable Complaints 12 7
% of Non Actionable Complaints 15.79% 5.98%

Compare Demat Charges of Axis Direct vs Nuvama

Demat Charges Axis Direct Nuvama
Account Opening Charges Free Free
Annual Maintenance Charges (AMC) Rs.750 (Rs.350 for first year) Rs.500 (Free for first year)

Axis Direct vs Nuvama – Compare STT & CTT

STT & CTT Axis Direct Nuvama
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 Nuvama

Stamp Duty Axis Direct Nuvama
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 Nuvama – Transaction Charges

Transaction Charges Axis Direct Nuvama
Equity Delivery 0.00335% (NSE) & As per Stock (BSE) 0.00335% (NSE) & As per Stock (BSE)
Equity Intraday 0.00335% (NSE) & As per Stock (BSE) 0.00335% (NSE) & As per Stock (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 NA
Currency Option NA NA

Compare Pledge Charges of Axis Direct & Nuvama

Pledge Charges Axis Direct Nuvama
Pledge Creation Charges Rs.50 per Request or 0.04% of Value (whichever is higher) Rs.7 per Request
Pledge Invocation Charges Rs.50 per Request or 0.04% of Value (whichever is higher) Rs.7 per Request
Interest on Margin Trading 0.07% per day 0.05% per day

Comparison of Axis Direct and Nuvama – Hidden Charge

Hidden Charge Axis Direct Nuvama
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.20 per Scrip only on Sell Rs.20 per Scrip
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.18 per Certificate
Call & Trade Charges Rs.25 per Trade Rs.20 per Trade

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