Axis Direct New Plan Trade at 20
Axis Direct launched a new plan called 'India Trade@20', 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, Trade@20', 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.
Frequently Asked Questions:
-
1. What is "India, Trade@20 Plan" offered by Axis Direct?
This is Axis Directs new Plan which was started from 1st April 2019, where their 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. Whether "Trade@20 Plan" would be applicable for all kind of trade?
"Trade@20 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. Does Axis Directs "Trade@20 Plan" would get applied to commodity trading as well?
No, Axis Directs " Trade@20 Plan" is not applicable for commodity trading, they would be charged at the default brokerage plan as below.
-
4. Does Axis Directs "Trade@20 Plan" would get applied to Currency trading as well?
No, Axis Directs " Trade@20 Plan" is not applicable for Currency trading, they would be charged at the default brokerage plan as below.
-
5. Do I need to open a Bank account with Axis Bank to avail "Trade@20 Plan"?
No, it is not compulsory to have an account with Axis Bank to avail Trade@20 Plan, Non-Axis Bank customers can also avail the scheme by paying Rs 250 per month.
-
6. What are the terms & condition to avail Trade@20 Plan of Axis Direct?
Below are the terms and conditions to avail Trade@20 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.
User Reviews
Post New Message
0 Comments