• Top Stock Brokers in India ‐ Reviews, Comparison and Offers

Axis Direct Brokerage, Other Charges, Leverage & Margin

Axis Direct offers 3 plans to choose from, Fixed Brokerage Plan where the brokerage is fixed irrespective of Volume, Investment Plus Plan, Now & Never Plan are subscription based plan.

Segment Fixed Plan Investment Plus Plan Now or Never Plan
Subscription Fees Online Offline Online
Subscription Fees   Nil  Rs.999  Rs.5,555 
Account Opening Charges   Rs. 999  Nil  Nil 
Complementary Delivery Turnover In Rs.   NA  Rs.3,00,000  Rs.12,00,000 
Brokerage Fixed Brokerage Charges Applicable Brokerage Charges post CDT consumption Brokerage Charges post CDT consumption
Equity Delivery 0.50% 0.50% 0.25%
Equity Intraday 0.05% 0.05% 0.03%
Equity Future 0.05% 0.05% 0.03%
Equity Options 10/ Per Lot 10/ Per Lot 10/ Per Lot
DIRECT Trade (Trading Platform) Rs. 2999 Per Year Rs. 2999 Per Year Free for 12month
Call & Trade Service Free 20 calls per month Free 20 calls per month Free 20 calls per month
  • *For turnover other than complimentary turnover, brokerage will be charged as per applicable rate subject to a minimum of Rs. 25/-(Except Equity SIP) per executed order and a maximum of 2.5%. In case the minimum brokerage calculated comes to more than 2.5%, then the amount that will be charged as a brokerage will be limited to 2.5%.
  • **All statutory / regulatory levies and other charges including but not limited to Securities Transaction Tax, SEBI Turnover Fees, Exchange Transaction Charges, Stamp Duty and Service Tax shall be charged separately over and above the brokerage.

Axis Direct Equity Trading Charges

Charges Equity Delivery Equity Intraday
Brokerage 0.50% or min Rs.25/- per executed order whichever is Higher (Both Buy & Sell) 0.05% or min Rs.25/- per executed order whichever is Higher (Both Buy & Sell)
STT 0.01% on Both Side(Buy and Sell) 0.025% on the Sell side
Transaction / Turnover charges 0.00325% 0.00325%
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% Depends on state to State 0.002% - Depends on state to State

Axis Direct F&O Trading Charges

Charges Equity Future Equity Options
Brokerage 0.05% or Rs 25 per lot, whichever is higher. Rs.10/ Per Lot
STT 0.01% On the Sell side 0.017% On the Sell
Transaction / Turnover charges NSE : 0.00190% NSE : 0.05%
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.002% - Depends on state to State 0.002% - Depends on state to State

Axis Direct Currency Trading Charges

Charges Currency Future Currency Options
Brokerage 0.05% or Rs 25 per lot, whichever is higher. Rs.10 Per lot
STT NA NA
Transaction / Turnover charges NSE : 0.00190% NSC : 0.05%
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.002% - Depends on state to State 0.002% - Depends on state to State

Margin / Leverage/Exposure offered by Axis Direct

Trade Type Margin
Equity _Intraday Up to 10 Times
Equity Future NA
Equity Options NA
Currency Future NA
Currency Options NA
Commodities NA

Charges Explained

  • Securities/Commodities transaction tax: Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O.When trading at TRADE SMART Online STT/CTT can be a lot more than the brokerage we charge.
  • Transaction/Turnover Charges:Exchange transaction charges + Clearing charges. Charged by exchanges (NSE, BSE,MCX) and clearing member.
  • Call & trade: Additional charges of Rs.25 per executed order:
  • Stamp charges: Charged as per the state of the client's correspondence address.
  • GST: Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)
  • SEBI Charges:Charged at Rs.15 per crore by Securities and Exchange Board of India for regulating the markets.