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.

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:

Video Source: You Tube

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;

New Update: Axis Direct WhatsApp

Source: Axis

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.

Author

Prashant Raut is a successful professional stock market trader. He is an expert in understanding and analyzing technical charts. With his 8 years of experience and expertise, he delivers webinars on stock market concepts. He also bags the ‘Golden Book of World Record’ for having the highest number of people attending his webinar on share trading.