Axis direct is one of the topmost broking firms in the country. It was established in the year 2005 and functions with around 73 branches across India. At the moment, they has the highest number of active clients in the country which are in excess of 4 lakhs. They allows its clients to trade across multiple financial segments on BSE, NSE, MSEI and MCX-SX. You can trade or invest in following with Axis Direct;
- Equity
- Derivatives
- Currency
- IPO
- Mutual Funds
- Bonds
- NCDs
- Commodity
The biggest benefit of opening the Axis Direct demat account is that it saves you from the hassles of manually transferring funds with its 3 in 1 demat account.
Let us know more about Trading Platform.
Table of Contents
Axis Direct Trading Platform
They offers their clients with many trading platforms and software. You can select your trading platform as per your needs and requirements. In this article, you will learn more about the web and mobile trading platform of Axis Direct.
Swift Trade
For web based trading, Swift Trade is the platform. The main advantage of using it is that you do not need to install or download any software. You just need to visit the specific website link, log in and start trading. The website provides the live streaming of quotes with many features. Some of the features include;
- Research Ideas
- Stock tips
- Multiple market watch
- Personalisation of screen and dashboard
- Shortcuts on the keyboard for placing an order quickly
Let us now learn about their Trade.
Axis Direct Trade Online
For terminal based trading, This trade is an apt platform. Here you have to download and install the software on your laptop or computer. With this trading platform, you get the portability and flexibility to trade from anywhere across the globe. The features of the software include;
- With the search bar, you can quickly discover the specific script.
- All the important information like market reports, currency rates, latest news, etc. are available on the platform.
- You can learn from trading tutorials and videos.
- Get alerts and notification as per your preference.
- Easier navigation and user-friendly interface.
Axis Direct Online Trading Demo Video:
Let us now learn about the mobile application.
Axis Direct Mobile Application
Axis Direct Mobile application is one of the leading applications in India. The features of the application include;
- Tracking of the portfolio.
- Live and real-time streaming quotes.
- Intraday charts along with charts.
- Multiple streaming of watchlist along with customization.
- You can place orders during non-market hours.
Let us now learn about News and Research.
Axis Direct News & Research
Axis Direct News and Research and is known for providing research and recommendation for the different types of investors. Therefore, traders and investors can take benefit from using tips and research. The segregation of various types of research can be done into three different channels.
- Research Ideas
They research provides you with intraday trading and long term investment ideas on the basis of technical analysis. They also provide mutual fund ideas and SIP plans.
- Research Reports
They provides you with various research reports covering various aspects of the economy. The reports cover macro and microeconomic views, investment ideas, daily derivative ideas, investment picks, etc. Various reports given by them include investment reports, mutual fund reports, trading reports and sector and economy reports.
- DIY Research
To assist with technical or fundamental analysis, it provides a tool to the clients. It includes alert engines, screeners and technical charting.
The various reports and ideas by them have been very accurate and investors always wait for their investment picks.
Live Axis Direct News Feed: https://simplehai.axisdirect.in/markets/equity/news
Let us learn how you can reach them.
Axis Direct Customer Care
You can reach the full-service stockbroker through any of the following modes;
- Email: helpdesk@axisdirect.in
- Offline branches
- Customer care toll-free number: 022-40508080 / 61480808
- Axis Direct WhatsApp: https://simplehai.axisdirect.in/stock-market-news/whatsapp
- Phone number: 18004190068
- Webform: https://login.axisdirect.in/
New Update: Axis Direct WhatsApp
Let us now learn about Axis Direct Charges.
Axis Direct Charges
For opening the Axis Direct trading account, the opening charges are Rs. 999. Whereas, the demat account opening charges are nil. Similarly, the annual maintenance charges for the trading account is nil. On the other hand, the demat account annual maintenance charges are Rs. 650.
Let us now learn about their Brokerage Charges.
Brokerage Charges
The brokerage charges for commodities, equity and currency derivative trading are as follows;
| Segment | Brokerage Fee |
| Monthly Fee (Fixed) | |
| Equity Delivery | Rs.20 per executed order |
| Equity Intraday | Rs. 20 per executed order |
| Equity Futures | Rs. 20 per executed order |
| Equity Options | Rs. 20 per executed order |
| Currency Futures | NA |
| Currency Options | NA |
| Commodity Futures | NA |
| Commodity Options | NA |
The fixed brokerage plan of Axis Direct is as follows;
| Segment | Brokerage Fee |
| Monthly Fee (Fixed) | |
| Equity Delivery | 0.50% (Each Leg) |
| Equity Intraday | 0.05% (Each Leg) |
| Equity Futures | 0.05% (Each Leg) |
| Equity Options | Intraday: Rs. 0.01 per lot | Carry Forward: Rs. 10 per lot |
| Currency Futures | 0.05% (Each Leg) |
| Currency Options | Intraday: Rs. 0.01 per lot | Carry Forward: Rs. 10 per lot |
| Commodity Futures | 0.03% (Each Leg) |
| Commodity Options | Rs. 50 per lot |
Let us now learn about the transaction charges.
Transaction Charges
| Segment | Transaction Fee |
| Equity Delivery | 0.00325% |
| Equity Intraday | 0.00325% |
| Equity Futures | 0.05% of premium turnover |
| Equity Options | 0.05% of premium turnover |
| Currency Futures | 0.05% of premium turnover |
| Currency Options | 0.06000% |
Let us now learn about the Margin
Margin
When it comes to their Margin, you will face disappointment. The margin on equity is available up to 10 times for intraday and 0 for delivery. Whereas there is no leverage on equity futures and options. Similarly, there is no leverage for currency futures and options. You must remember that using leverage or margin is a risky concept and you must be very careful while using it.
Conclusion
Axis Direct is one of the most reliable brokers in the country. However, the hefty charges make them a bit unattractive. If you are looking for a premium broker that provides multiple services, you can think of using their services. To put it in simple words, if you want decent research reports and open to paying higher charges, it would suit your needs. In addition, if you want to learn more about the stock market, you can visit Trading Fuel. On this page, we provide stock market education in the form of blogs and articles. Moreover, all the information and knowledge is available free of charge. Therefore, enhance your knowledge about the stock market by visiting Trading Fuel regularly.
