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Axis Direct vs Market Wolf (Compare Axis Direct and Market Wolf)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Axis Direct vs Market Wolf, Below comparison of Axis Direct vs Market Wolf highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Axis Direct vs Market Wolf is given below:

Axis Direct

Market Wolf

	Axis Direct	Market Wolf

About The Brokers	Axis Direct : "AxisDirect is the flagship brand of Axis Securities Ltd offering simplified investment solutions to retail customers. AxisDirect is among top 10 brokerage house in In >>> more	Market Wolf : "Market Wolf is an excellent platform for the newbie trader who is still learning to understand the market and can open Trading & Demat Account with Zero Account openi >>> more
Find More Information about the Broker :	Axis Direct : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Market Wolf : OVERVIEW BROKERAGE
Type of Broker	Axis Direct : Full Service Broker	Market Wolf : Discount Broker
Promo/offers	Axis Direct : N/A	Market Wolf : N/A
Advantage	Axis Direct : 3-in-1 online trading account. Security of your investment & money Decent trading software. Derivatives trading, NRI services, mutual funds, IPOs. Trading is available in both BSE and NSE. Free Research services	Market Wolf : Market Wolf offers free trading practices during the market trading hours without KYC verification. Thus, it is beneficial for novice traders to have knowledge about trading before starting investing in the stock market. The trader only pays 10% brokerage on profitable trade and zero brokerage on loss. Market Wolf accepts funds deposits via UPI, NEFT, RTGS, IMPS, Phonepe, GPay, and PayTM without any additional fees, and the trader allows users to deposit and withdraw funds from Market Wolf web and mobile app. There are 15+ charting styles to make the trading experience user-friendly, and the trader can set up up to 2 hours chart time frames to have better trading insight. Market Wolf offers a quick withdrawal process and the amount of credit within one business day. Market Wolf has inbuilt stop order features where the trader needs to set the percentage of the reward and risk (10%, 25%, 50% or 100%). The trade will be auto-squared off once the order crosses the predefined level. Market Wolf offers only high liquidity and quality stocks.
Disadvantage	Axis Direct : No commodity & Currencytrading. Very High brokerage. Installable trading terminal cost at Rs 2999 per year. Minimum brokerage charges. Low Exposure	Market Wolf : Market Wolf trading app is not available for iOS users. It is currently available only for Android users. The free practice session on the Market Wolf platform is only available on mobile applications and not on web browsers. Market Wolf charges flat 10% brokerage on profit which is costly. Market Wolf doesn’t offer a 3-in-1 account facility. It only provides a free trading account. Market Wolf doesn’t offer other services such as mutual funds, IPO, Bonds, FDs, etc., except stock trading. Stop Trade sessions on Market Wolf take time to end the session as once the trader clicks on the icon “stop trade,” the system re-confirms the decision, which takes extra seconds and may change the overall profit or loss transactions. Market Wolf has leveraged up to 100% profit which may cause loss of capital amount if the trader is still learning and doesn’t fully understand the trading mechanism. Market Wolf doesn’t have exact charges for STT, transaction charges, SEBI, and Stamp charges; the amount is auto calculated while the trader confirms the trading amount. It can be a hassle for a newbie trader to understand the costs. The trader can add up to 5 stocks to the wish list. Market Wolf Web is not available for trading. The trader requires to use the Market Wolf mobile application to perform trading. Market Wolf is not suitable for advanced traders. Though there is zero brokerage on loss trade, the trader needs to pay SEBI charges, Stamp Duty, Exchange fee, and GST even if he didn’t earn profit. Market Wolf doesn’t allow the trader to hold the stocks. The trades get auto squared off at the end of the day if it doesn't meet the profit or loss auto stop level. Market Wolf is not offering to trade on the BSE segment. Though Market Wolf offers 24/7 customer care service, some days they take 1-2 business days to reply to a query.
Why This	Axis Direct : A Unique 3-in-1 On-line Trading Account, which includes Axis Banks Saving Account, Axis Direct Trading Account and Axis Direct Demat Account, is the key offering for retail stock market investors in India. Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through Kotak Securities. It provides you the flexibility to pay only when you trade. E-Broking House with >11 Lac customers. 1 paisa per lot for same day square off option trading or Rs 10 per lot for carry f/w Options trade Facility to trade in Equities, IPO's, Bonds, FD's, ETF's, Mutual Funds, F&O and Currency derivatives etc. Add on services like relationship manager, tips & recommendations, technical research, market pointers, periodical research reports, training and education. Axis Direct offers classroom sessions, webinars, Online Tutorials and Articles by Experts to help beginners understand basics.	Market Wolf : Market Wolf is an excellent platform for the newbie trader who is still learning to understand the market with zero trading account opening and nil annual maintenance charges. Market Wolf offers real-time free practice trading sessions to all traders to ensure understanding of the trading mechanism before starting market trading. Market Wolf is developed with a risk management system offering a unique profit and stop-loss segment, helping manage the trading risks ensuring the trader never loses more than the percentage set in on a trade. Market Wolf charged brokerage only when the trader made a profit. Zero brokerage on losing the trade. Market Wolf offers minimum trading of INR 50 for Commodity and Currency trading, INR 100 for Indices trading, and INR 900 for stock trading. Market Wolf Android mobile application is developed with robust technology and a user-friendly interface, making it easier for beginners to understand trading quickly. Market Wolf e-KYC is power-packed with Legality, a digital execution of highly sensitive agreements. Market Wolf offers 24/7 customer care to all users via an in-app help center.

Axis Direct vs Market Wolf Account Opening & AMC Charges

Axis Direct Trading Account Opening Fee is Rs 900 and Market Wolf Trading Account Opening Fee is ₹0 (Free) . Axis Direct Demat Account AMC is Rs 650 and Market Wolf Demat Account AMC is ₹0 (Free) .

	Axis Direct	Market Wolf
Trading Account Opening Fee	Trading Account Opening Fee : Rs 900	Trading Account Opening Fee : ₹0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0	Demat Account Opening Fee : ₹0 (Free)
Demat Account AMC	Demat Account AMC : Rs 650	Demat Account AMC : ₹0 (Free)
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : ₹0 (Free)

Axis Direct vs Market Wolf Brokerage Charges

Axis Direct Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% and Equity Options is Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot . Market Wolf Brokerage Charges Equity Delivery is ₹0 brokerage if loss | 10% of GP(Profitable Trade) and Equity Intraday is ₹0 brokerage if loss | 10% of GP(Profitable Trade) and Equity Options is ₹0 brokerage if loss | 10% of GP(Profitable Trade) .

	Axis Direct		Market Wolf
Plan Name	Plan Name : Fixed Plan	Plan Name : Plan 125K	Plan Name : Market Wolf default Brokerage Plan
Equity Delivery	Equity Delivery : 0.50%	Equity Delivery : -	Equity Delivery : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)
Equity Intraday	Equity Intraday : 0.05%	Equity Intraday : -	Equity Intraday : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)
Equity Future	Equity Future : 0.05%	Equity Future : -	Equity Future : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)
Equity Options	Equity Options : Intraday: Rs 0.01 per lot \| Carry Forward: Rs 10 per lot	Equity Options : -	Equity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)
Currency Futures	Currency Futures : 0.05%	Currency Futures : -	Currency Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)
Currency Options	Currency Options : Intraday: Rs 0.01 per lot \| Carry Forward: Rs 10 per l	Currency Options : -	Currency Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)
Monthly Fee	Monthly Fee : NA	Monthly Fee : -	Monthly Fee : NA
Margin Trading	Margin Trading : -	Margin Trading : -	Margin Trading : NA
Commodity Futures	Commodity Futures : 0.03%	Commodity Futures : -	Commodity Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)
Commodity Options	Commodity Options : Rs 50 per lot	Commodity Options : -	Commodity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)

Axis Direct vs Market Wolf Exchange Transaction Charges

Axis Direct Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . Market Wolf Exchange Transaction Charges Equity Future is NSE: 0.0019% and Equity Options is Rs 5000 per Cr (0.05%) (on premium) .

	Axis Direct	Market Wolf
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE: 0.00325%
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE: 0.00325%
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE: 0.0019%
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : Rs 5000 per Cr (0.05%) (on premium)
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : NSE: 0.0009% + Investor protection fund (0.037%)
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : Rs 4000 per Cr (0.04%) (on premium)
Commodity	Commodity : -	Commodity : Rs 260 per Cr (0.0026%)

Axis Direct vs Market Wolf Other Charges

Axis Direct Minimum Brokerage is Rs 20 per trade and Call & Trade is Rs 20 per call . Market Wolf Minimum Brokerage is NA and Call & Trade is NA .

	Axis Direct	Market Wolf
Minimum Brokerage	Minimum Brokerage : Rs 20 per trade	Minimum Brokerage : NA
Call & Trade	Call & Trade : Rs 20 per call	Call & Trade : NA
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : 0.04% (minimum Rs 25 per instruction)	DP Charges (on sell side) : -
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -

Axis Direct vs Market Wolf Features

Axis Direct and Market Wolf both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Axis Direct	Market Wolf
Trading Platform	Trading Platform : DirectTrade, Axisdirect Web, Axisdirect Mobile	Trading Platform : Mobile, WEB
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : -
Trading Alerts	Trading Alerts : Yes	Trading Alerts : No
Research and Advice / Trading Tips	Research and Advice / Trading Tips : Yes	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : No
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : Brokerage if Makes Profit
Referral Program	Referral Program : 1	Referral Program : Yes
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : No
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : No

Axis Direct vs Market Wolf Demat Account Charges

A comparative table of various demat account charges between Axis Direct and Market Wolf is below:

	Axis Direct	Market Wolf
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Nil	Account Opening Fee : ₹0 (Free)
Advance Deposit	Advance Deposit : Nil	Advance Deposit : ₹0
AMC	AMC : Retail Account: Axis Bank Customer: Rs 650 per year (1st year free). Rs 2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank. Non-Axis Bank Customer: Rs 250 per year (1st year free) BSDA Account: Nil for holding value till Rs 50,000 Rs 100 per yearÃ‚Â for holding value from Rs 50,001 to Rs 2,00,000 Holding value above Rs 2,00,000 tariff for Retail account will be applicable. Corporate Account: Rs 400 for Axis Bank clientsÃ‚Â + CDSL AMC of Rs 500 Rs 600 for non-Axis Bank clients+ CDSL AMC of Rs 500	AMC : ₹0 (Free)
Dematerialisation Charges	Dematerialisation Charges : Retail / BSDA Account: Rs 5 per certificate subject to minimum of Rs 50 per request, whichever is higher. Rs 50 per request as courier charges for mutual fund Units. Corporate Account: Rs 2.50 per certificate subject to a minimum of the Rs 50 per request.	Dematerialisation Charges : -
Rematerialisation Charges	Rematerialisation Charges : Retail / BSDA Account: Rs 20 for every 100 securities or part thereof or Rs 50 per request whichever is higher. Rs 50 per instruction for mutual fund Units. Corporate Account: Rs 20 per certificate subject to minimum of Rs 50 per request	Rematerialisation Charges : -
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : Retail Account: 0.04% of the value of the transaction (Min Rs 25 per instruction) whichever is higher. Rs 25 flat per instruction for mutual fund units. BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher. Rs 50 flat per instruction for mutual fund units. Corporate Account: 0.04% subject to minimum of Rs 23 per instruction.	Transaction Charges (debit) : -
Pledge Creation Charges	Pledge Creation Charges : Retail Account: 0.04% of the value of the transaction (Min Rs 50 per instruction) whichever is higher. BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher. Corporate Account: Flat Rs 50 per request.	Pledge Creation Charges : -
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : -
Pledge Invocation Charges	Pledge Invocation Charges : Retail Account: 0.04% of the value of the transaction (Min Rs 50 per instruction) whichever is higher. BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher. Corporate Account: Flat Rs 50 per request.	Pledge Invocation Charges : -
Failed Instruction Charges	Failed Instruction Charges : Rs 10 per Instruction	Failed Instruction Charges : -
Other Charges	Other Charges : Ad-hoc Statement - Rs 100 per statement Quarterly (Physical) statement Retail Account - Nil BSDA Account - Rs 25 per statement Account Modification Charges Retail AccountÂ - Nil BSDA Account - Rs 100 DIS Booklet Charge Retail AccountÂ - NIL BSDA AccountÂ - Rs 200 per booklet Redemption of mutual fund units through DP - Rs 25 per instruction	Other Charges : -

Axis Direct vs Market Wolf Basic Details

Axis Direct Year of Incorporation is 2006 and Total Number of Clients is 357390 and Total Number of Branches is 56 . Market Wolf Year of Incorporation is 2017 and Total Number of Clients is 201948 and Total Number of Branches is NA .

	Axis Direct	Market Wolf
Year of Incorporation	Year of Incorporation : 2006	Year of Incorporation : 2017
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : NSE and MCX
Demat Services	Demat Services : Yes	Demat Services : CDSL
Website	Website : https://simplehai.axisdirect.in	Website : https://marketwolf.com/
Contact Details	Contact Details : 18002100808	Contact Details : +91 8591308916
Total Number of Clients	Total Number of Clients : 357,390	Total Number of Clients : 201,948
Total Number of Branches	Total Number of Branches : 56	Total Number of Branches : NA
Products *	Products : Equity, Derivatives, Mutual Fund, SIP, ETFs, Tax Savings, Fixed Income, IPOs, Fixed Deposits, Loans, Tax Services, NPS and Insurance.	Products : Equity, Commodity, Currency, IPO

Axis Direct vs Market Wolf Orders

Orders

	Axis Direct	Market Wolf
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : -
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : -
After Market Orders (AMO)	After Market Orders (AMO) : No	After Market Orders (AMO) : -
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes

Axis Direct vs Market Wolf Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Axis Direct	Market Wolf
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : No
Comparison *	Comparison : Yes	Comparison : No
Free Tips *	Free Tips : Yes	Free Tips : No
Daily Market report *	Daily Market report : Yes	Daily Market report : No
ETF research *	ETF research : Yes	ETF research : No
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : No

Axis Direct vs Market Wolf Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Axis Direct	Market Wolf
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : NA
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.1,00,000 to Rs.3,00,000	Investment required for Franchisee / AP : NA

Axis Direct vs Market Wolf Product & Services

Axis Direct and Market Wolf both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Axis Direct	Market Wolf
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	Margin Trading : NA
Call N Trade *	Call N Trade : Yes	Call N Trade : NA
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : NSE ONLY
Limit Order *	Limit Order : Yes	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : Yes	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : Yes	NRI Services : No
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : No
IPO Investment *	IPO Investment : Yes	IPO Investment : No
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : No
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : No	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : No	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : No
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No

Axis Direct vs Market Wolf Customer Services

Axis Direct and Market Wolf both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Axis Direct	Market Wolf
Toll Free Number *	Toll Free Number : Yes	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : Yes	Live Chat Facility : Yes
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : Yes	Branch Offices : No
Customer Care *	Customer Care : Yes	Customer Care : Info Not Available
Community Service *	Community Service : Yes	Community Service : No
Relationship Manager *	Relationship Manager : -	Relationship Manager : No
24/7 Support *	24/7 Support : No	24/7 Support : Yes

Axis Direct vs Market Wolf Other Investement

Axis Direct and Market Wolf both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Axis Direct	Market Wolf
Commodity Trading *	Commodity Trading : No	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : No
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : No
Investment in Bonds *	Investment in Bonds : Yes	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : Yes	Insurance Services : No
Banking Services *	Banking Services : No	Banking Services : No

Axis Direct vs Market Wolf Trading Platform

Axis Direct and Market Wolf both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Axis Direct	Market Wolf
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : No
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : Yes	I-Pad App : No
Virtual Trading *	Virtual Trading : No	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : No
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