Axis Direct

AxisDirect Special Offer

Why Choose Axis Direct

• Account opening is available at no cost, with Rs 0 charges.
• Intraday brokerage starts from a competitive 0.01%.
• Options trading is priced at a flat Rs 15 per order.
• The Margin Trading Facility (MTF) interest rate is 10.99% p.a. or 0.03% per day.
• A range of subscription plans are offered to cater to different trading styles.
• Investors can access research-driven investment ideas and market insights.
• A convenient 3-in-1 account integrates bank, Demat, and trading accounts seamlessly.
• Diversified investment opportunities are available in equities, IPOs, mutual funds, F&O, global stocks, and more.

AxisDirect Online Account Opening

Account Opening - 100% Digital, Paperless

Steps to initiate the process:

1. Initiate the online application via the website or mobile app.
2. Complete the Aadhaar-enabled electronic Know Your Customer (eKYC) process with video verification.
3. Choose a suitable brokerage plan.
4. Provide nominee details and execute the electronic signature (eSign).

Required documents include: Permanent Account Number (PAN), Aadhaar linked to mobile number, bank account details, income proof for derivatives trading, and a live photograph.

Timeline: The application process typically takes 10-15 minutes, with account activation occurring within 24-48 hours.

AxisDirect Account Opening Charges

AxisDirect Brokerage Charges

As a full-service brokerage firm, AxisDirect provides the option to trade through both branch offices and online platforms. The details of the available plans are as follows:

AxisDirect Pros and Cons

AxisDirect Pros (Advantages)

The following are the benefits of AxisDirect. It is essential to review AxisDirect advantages and disadvantages before creating an account with AxisDirect. AxisDirect pros and cons assist you in determining if it meets your investment requirements.

• Provides a comprehensive suite comprising stocks, mutual funds, SIPs, IPOs, derivatives, bonds, NCDs, ETFs, and FDs under one platform.
• Offers web, mobile, and desktop platforms tailored for different types of traders.
• AxisDirect offers a 3-in-1 account and has a wide network of branches, which makes account opening very convenient.

AxisDirect Cons (Disadvantages)

The following are the drawbacks of AxisDirect. Check the list of AxisDirect limitations.

• Call and Trade Service: The first 20 calls are free for a month, and subsequent calls incur a charge of Rs 20 per call.
• The minimum brokerage charge is Rs 25 per trade. Most discount brokers do not have a minimum brokerage.

AxisDirect Trading Software

Axis Securities provides a range of trading platforms tailored to individual customer investment styles and requirements.

Mobile Platforms

1. Axis Direct Investor App

Designed for long-term investors and those new to investing.

• Invest in a variety of assets, including stocks, SIPs, mutual funds, IPOs, ETFs, and bonds.
• Utilize a swipe-to-buy interface, GTD orders, and QR login for convenience.
• Access curated investment ideas and integrated research tools.

2. Axis Direct Trader App

Suitable for active traders.

• Leverage advanced charting capabilities, option chains, and the ability to trade directly from charts.
• Receive price alerts and stay updated with live market watch features.

Desktop and Web

1. Trader EXE

A high-performance desktop trading terminal.

• Access over 80 technical indicators to inform your trading decisions.
• Execute orders with ease using one-click and bulk order execution features.
• Create custom watchlists and stay informed with streaming quotes.

Advanced Tools

• NXTOptions - Design, test, and execute options trading strategies.
• Greeksoft - Utilize algo trading and automated strategy execution.
• Spider - Conduct market scans and advanced chart analysis.
• Axis Intellect - Receive AI-driven investment ideas.
• InstaOptions - Access pre-built options trading strategies.

Research You Can Trust

Our in-house analysts provide actionable insights to support every investment approach:

• Axis Alpha - Short-term investment calls (1-30 days) aiming for returns of around 5%.
• Axis Punch - Medium-term investment ideas (3-6 months) targeting returns of 10% or more.
• Pick of the Week - A weekly selection of a strong fundamental stock.
• Technical Picks - Trading calls based on pattern analysis.

Investment Solutions for Every Goal

• Invest in readymade stock baskets starting from Rs 1,000.
• SmartEdge Plus - Curated portfolios of large and mid-cap stocks (Rs 2L+).
• Mutual funds with zero brokerage on direct plans.
• Participate in IPOs and bond issuances via ASBA.
• Diversify or hedge with commodities and F&O trading.

AxisDirect Margin Exposure

AxisDirect's margin requirements for intraday trading are capped at 20% of the trade value, with a maximum leverage of 5x, depending on the specific stock. The margin for AxisDirect F&O intraday trading is set at 1.3x across various segments, including Equity, Currency, and Commodity trading on the BSE, NSE, and MCX exchanges. Additionally, no extra margin is provided for AxisDirect F&O positions that are carried forward or for equity delivery trades.

AxisDirect Ratings

Based on feedback from 89 AxisDirect clients.

AxisDirect Complaints

The frequency of AxisDirect customer grievances filed with the exchanges. The AxisDirect complaint report provides insight into the broker's service quality and dependability.

*The number of active accounts reported by the brokerage firm.

**The total number of grievances filed against the broker at the given exchange.

Frequently Asked Questions

1. How to close Axis Direct account?

Axis Direct accounts can be terminated through digital and physical procedures.

Axis Direct account closure online

You can close your account digitally only if your account does not have any investments or unpaid balances. You are required to send two separate emails to close the trading account and Demat account.

To close your Demat account, send an email to [email protected] from your registered email id to initiate the Demat account closure request.

To close your Axis Direct trading account, send an email to [email protected] mentioning your Trading account number and the reason for termination.

Axis Direct Demat account closure offline

1. Download and print the account closure form.
2. Complete and sign it.
3. Submit the form to your nearest Axis Direct branch.

Note:

• In case you have any securities in your Demat account, transfer or sell them.
• Settle all outstanding dues.