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Axis Direct Brokerage Plan : [email protected] with AxisDirect

Axis Direct launched a new plan called 'India [email protected]', where retail customers can execute a trade order at a flat Brokerage of Rs 20 irrespective of the value of an order.

To avail, 'India, [email protected]', Axis Direct customers will have to maintain an average quarterly balance of Rs 75,000 with Axis Bank. Non-Axis Bank customers can also avail the scheme by paying Rs.250 per month as subscription charges.

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FAQs about Axis Direct's new plan 'India [email protected]:

  1. 1.What is "India, [email protected] Plan" offered by Axis Direct?

    This is Axis Directs new Plan which was started from 1st April 2019, where there customer can avail benefits of flat brokerage of Rs.20 per executed order by maintaining an average quarterly balance of Rs 75,000 with Axis Bank

  2. 2.Whether "[email protected] Plan" would be applicable for all kind of trade?

    "[email protected] Plan" Brokerage Plan of Rs.20 per executed order is applicable for Equity & Equity Derivatives products only that means Equity Delivery, Equity Future & Equity Options Trade.

  3. 3. Does Axis Directs "[email protected] Plan" would get applied to commodity trading as well?

    No, Axis Directs "[email protected] Plan" is not applicable for commodity trading, they would be charged at the default brokerage plan as below.

    • Commodity Futures : 0.03% each side.
    • Commodity Options : Rs. 50 Per Lot.
    • Minimum Charges: Rs. 25 per Order.
  4. 4. Does Axis Directs "[email protected] Plan" would get applied to Currency trading as well?

    No, Axis Directs "[email protected] Plan" is not applicable for Currency trading, they would be charged at the default brokerage plan as below.

    • Currency Futures : 0.03% each side.
    • Currency Options: Rs. 20 Per Lot.
    • Minimum Charges: Rs. 10 per Order.
  5. 5. Do I need to open a Bank account with Axis Bank to avail "[email protected] Plan"?

    No, it is not compulsory to have an account with Axis Bank to avail [email protected] Plan, Non-Axis Bank customers can also avail the scheme by paying Rs 250 per month.

  6. 6. What are the terms & condition to avail [email protected] Plan of Axis Direct?

    Below are the terms and conditions to avail [email protected] Plan of Axis Direct.

    • Need to maintain the Average quarterly balance of Rs.75000 in Axis Bank account.
    • Non-Axis Bank customers to Pay Rs 250 per month.
    • Call & Trade Service charges : Rs.20 (additional).
    • Brokerage Plan Modification Charge: ₹500 per quarter.