Axis Direct vs Upstox (Compare Axis Direct vs Upstox)

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 Upstox, Below comparison of Axis Direct vs Upstox 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.

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One on One comparison of Axis Direct vs Upstox is given below:

Axis Direct

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Upstox

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	Axis Direct	Upstox

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	Upstox : "Founded in 2009, Upstox is one of the reliable stock trading brokers with low brokerage and excellent facilities. Two young successful entrepreneurs who opened the co >>> more
Find More Information about the Broker :	Axis Direct : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Upstox : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Axis Direct : Full Service Broker	Upstox : Discount Broker
Promo/offers	Axis Direct : Special Offer: No AMC charged on Demat account for the first year + Get high leverage on intraday products and up to 4 times in E-Margin + Get Axis Direct 3-in-1 account + Research Services.Get the offer	Upstox : Special Offer: Brokerage free equity delivery trading + Flat ₹20 Intra-day and F&O trades. Get the offer
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	Upstox : No Brokerage on Mutual funds. DEMAT AMC free for Life Low cost Brokerage Self-directed, easy to use online learning for all levels Easy to get started with Aadhar based signup Good Brokerage & Margin Calculator Unlike other low-cost brokers, RKSV offer a variety of affordable pricing plans so that you can choose the plan best suited for you
Disadvantage	Axis Direct : No commodity & Currencytrading. Very High brokerage. Installable trading terminal cost at Rs 2999 per year. Minimum brokerage charges. Low Exposure	Upstox : No margin funding Does not provide Tips & recommendation Turnover charges on futures and options is higher than competitors Upstox doesn't offer unlimited monthly trading plans. Doesn't offer research based services. Charges on Funds Transfer @ ₹7 per fund transfer.
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.	Upstox : Upstox offers zero brokerage on equity mutual fund Investment and a mere ₹20 per transaction on Equity Delivery, intraday and F&O trades. After Market Order (AMO), Cover Order and BO are available on both web and mobile. Trailing-Stop/Stop-Loss (SL) is available in both web and mobile. Zero Demat AMC, Free demat account for life. Offers NRI trading. Offers Mutual Fund Investment, SIP Investement. Upstox is backed by top investors with the likes of Ratan Tata, Kalaari Capital & GVK Davix Upstox offers the best of technology to traders. The Upstox Platform on mobile and web is one of the best platforms for the Indian stock market.

Axis Direct vs Upstox Account Opening & AMC Charges

Axis Direct Trading Account Opening Fee is ₹900 and Upstox Trading Account Opening Fee is ₹249+GST . Axis Direct Demat Account AMC is ₹650 and Upstox Demat Account AMC is ₹0 (Free) .

	Axis Direct	Upstox
Trading Account Opening Fee	Trading Account Opening Fee : ₹900	Trading Account Opening Fee : ₹249+GST
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹0 (Free)
Demat Account AMC	Demat Account AMC : ₹650	Demat Account AMC : ₹0 (Free)
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : ₹0 (Free)

Axis Direct vs Upstox Brokerage Charges

Axis Direct Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% and Equity Options is Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot . Upstox Brokerage Charges Equity Delivery is ₹20 per executed order or 2.5% whichever is lower and Equity Intraday is ₹20 per executed order or 0.05% whichever is lower and Equity Options is ₹20 per executed order .

	Axis Direct		Upstox
Plan Name	Plan Name : Fixed Plan	Plan Name : Plan 125K	Plan Name : Upstox Priority	Plan Name : Basic Plan
Equity Delivery	Equity Delivery : 0.50%	Equity Delivery : 0.18%	Equity Delivery : ₹20 per executed order or 2.5% whichever is lower	Equity Delivery : ₹20 per executed order or 2.5% whichever is lower
Equity Intraday	Equity Intraday : 0.05%	Equity Intraday : 0.018%	Equity Intraday : ₹30 per executed order or 0.10% whichever is lower	Equity Intraday : ₹20 per executed order or 0.05% whichever is lower
Equity Future	Equity Future : 0.05%	Equity Future : 0.018%	Equity Future : ₹30 per executed order or 0.10% whichever is lower	Equity Future : ₹20 per executed order or 0.05% whichever is lower
Equity Options	Equity Options : Intraday: ₹0.01 per lot \| Carry Forward: ₹10 per lot	Equity Options : ₹30 per lot	Equity Options : ₹30 per executed order	Equity Options : ₹20 per executed order
Currency Futures	Currency Futures : 0.05%	Currency Futures : 0.018%	Currency Futures : ₹30 per executed order or 0.10% whichever is lower	Currency Futures : ₹20 per executed order or 0.05% whichever is lower
Currency Options	Currency Options : Intraday: ₹0.01 per lot \| Carry Forward: ₹10 per lot	Currency Options : ₹30 per lot	Currency Options : ₹30 per executed order	Currency Options : ₹20 per executed order
Monthly Fee	Monthly Fee : NA	Monthly Fee : ₹125000 per year	Monthly Fee : NA	Monthly Fee : NA
Margin Trading	Margin Trading : -	Margin Trading : -	Margin Trading : Yes	Margin Trading : NA
Commodity Futures	Commodity Futures : 0.03% (Each Leg)	Commodity Futures : NA	Commodity Futures : ₹30 per executed order or 0.10% whichever is lower	Commodity Futures : ₹20 per executed order or 0.05% whichever is lower
Commodity Options	Commodity Options : -	Commodity Options : -	Commodity Options : ₹30 per executed order	Commodity Options : ₹20 per executed order

Axis Direct vs Upstox Transaction Charges (Per Crore)

Axis Direct Transaction Charges (Per Crore) Equity Future is NSE ₹190 | BSE ₹300 and Equity Options is NSE ₹5000 | BSE ₹300 . Upstox Transaction Charges (Per Crore) Equity Future is NSE ₹210 per Cr (0.0021%) and Equity Options is NSE ₹5500 per Cr (0.055%) (on premium) .

	Axis Direct	Upstox
Equity Delivery	Equity Delivery : NSE ₹325 \| BSE ₹300	Equity Delivery : NSE ₹325 per Cr (0.00325%) (each side)
Equity Intraday	Equity Intraday : NSE ₹325 \| BSE ₹300	Equity Intraday : NSE ₹325 per Cr (0.00325%) (each side)
Equity Future *	Equity Future : NSE ₹190 \| BSE ₹300	Equity Future : NSE ₹210 per Cr (0.0021%)
Equity Options *	Equity Options : NSE ₹5000 \| BSE ₹300	Equity Options : NSE ₹5500 per Cr (0.055%) (on premium)
Currency Futures *	Currency Futures : ₹190	Currency Futures : NSE ₹130 per Cr (0.0013%) \| BSE ₹26 per Cr (0.00026%)
Currency Options	Currency Options : ₹5000	Currency Options : NSE ₹2900 per Cr (0.029%) \| BSE ₹2600 per Cr (0.026%) (on premium)
Commodity	Commodity : NA	Commodity : Group A - ₹290 per Cr (0.0029%)

Axis Direct vs Upstox Other Charges

Axis Direct Minimum Brokerage is ₹20 per executed order and Call & Trade is Rs 20 per call post 20th call per month . Upstox Minimum Brokerage is 0.05% and Call & Trade is ₹20 + GST per order placed. .

	Axis Direct	Upstox
Minimum Brokerage	Minimum Brokerage : ₹20 per executed order	Minimum Brokerage : 0.05%
Call & Trade	Call & Trade : Rs 20 per call post 20th call per month	Call & Trade : ₹20 + GST per order placed.
Stamp Duty *	Stamp Duty : Charges as per the state of residence	Stamp Duty : (On buy side only) Delivery: 0.015%, Intraday: 0.03%, Equity F&O: 0.002%, Commodity F&O: 0.002% and Currency F&O: 0.0001%
DP Charges (on sell side)	DP Charges (on sell side) : 0.04% (minimum Rs 25 per instruction)	DP Charges (on sell side) : ₹13 plus ₹5.50 (CDSL charges) per scrip.
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Adhoc / Non periodic statement requests: ₹25

Axis Direct vs Upstox Features

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

	Axis Direct	Upstox
Trading Platform	Trading Platform : DirectTrade, Swift Trade	Trading Platform : Upstox Pro Web, Dartstock, NEST Trader, Fox Trader
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : -
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
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 : Can trade in 32 exchanges through Saxo Trader	Unique features & Offers : Single platform for stocks, MFs, Gold, IPOs, ETFs,
Referral Program	Referral Program : Rs.500 per referal	Referral Program : Yes
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : Yes

Axis Direct vs Upstox Demat Account Charges

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

	Axis Direct	Upstox
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 : NIL
AMC	AMC : Retail Account: Axis Bank Customer: ₹650 per year (1st year free). ₹2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank. Non-Axis Bank Customer: ₹250 per year (1st year free) BSDA Account: Nil for holding value till ₹50,000 ₹100 per year for holding value from ₹50,001 to ₹2,00,000 Holding value above ₹2,00,000 tariff for Retail account will be applicable. Corporate Account: ₹400 for Axis Bank clients + CDSL AMC of ₹500 ₹600 for non-Axis Bank clients+ CDSL AMC of ₹500	AMC : ₹300
Dematerialisation Charges	Dematerialisation Charges : Retail / BSDA Account: ₹5 per certificate subject to minimum of ₹50 per request, whichever is higher. ₹50 per request as courier charges for mutual fund Units. Corporate Account: ₹2.50 per certificate subject to a minimum of the ₹50 per request.	Dematerialisation Charges : ₹2 per certificate + courier charges of ₹35 per demat request for every 500 grams.
Rematerialisation Charges	Rematerialisation Charges : Retail / BSDA Account: ₹20 for every 100 securities or part thereof or ₹50 per request whichever is higher. ₹50 per instruction for mutual fund Units. Corporate Account: ₹20 per certificate subject to minimum of ₹50 per request	Rematerialisation Charges : ₹25 per certificate or 0.05% of the value whichever is higher
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 ₹25 per instruction) whichever is higher. ₹25 flat per instruction for mutual fund units. BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. ₹50 flat per instruction for mutual fund units. Corporate Account: 0.04% subject to minimum of ₹23 per instruction.	Transaction Charges (debit) : ₹20 per debit instruction
Pledge Creation Charges	Pledge Creation Charges : Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher. BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. Corporate Account: Flat ₹50 per request.	Pledge Creation Charges : 0.02% of transaction charges subject to a minimum of ₹50 + NSDL/CDSL charges at actual
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : 0.02% of transaction charges subject to a minimum of ₹50 + NSDL/CDSL charges at actual
Pledge Invocation Charges	Pledge Invocation Charges : Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher. BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. Corporate Account: Flat ₹50 per request.	Pledge Invocation Charges : 0.05% of transaction charges subject to a minimum of ₹50
Failed Instruction Charges	Failed Instruction Charges : ₹10 per Instruction	Failed Instruction Charges : ₹50 per transaction
Other Charges	Other Charges : Ad-hoc Statement - ₹100 per statement Quarterly (Physical) statement Retail Account - Nil BSDA Account - ₹25 per statement Account Modification Charges Retail Account - Nil BSDA Account - ₹100 DIS Booklet Charge Retail Account - NIL BSDA Account - ₹200 per booklet Redemption of mutual fund units through DP - ₹25 per instruction	Other Charges : Demat Rejection Charges: ₹35 per rejection

Axis Direct vs Upstox Basic Details

Axis Direct Year of Incorporation is 2005 and Total Number of Clients is 469154 and Total Number of Branches is 3000+ . Upstox Year of Incorporation is 2012 and Total Number of Clients is 3593420 and Total Number of Branches is 4 .

	Axis Direct	Upstox
Year of Incorporation	Year of Incorporation : 2005	Year of Incorporation : 2012
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : BSE, NSE, MCX
Demat Services	Demat Services : NSDL	Demat Services : No
Website	Website : https://simplehai.axisdirect.in	Website : www.upstox.com
Contact Details	Contact Details : 18002100808	Contact Details : +91-22-6130-9999
Total Number of Clients	Total Number of Clients : 469154	Total Number of Clients : 3593420
Total Number of Branches	Total Number of Branches : 3000+	Total Number of Branches : 4
Products *	Products : Equity, Derivatives, Mutual Fund, SIP, ETFs, Tax Savings, Fixed Income, IPOs, Fixed Deposits, Loans, Tax Services, NPS and Insurance.	Products : Upstox Pro Web,Upstox Pro Mobile, Nest Desktop.

Axis Direct vs Upstox Leverage

Leverage

	Axis Direct	Upstox
Equity Delivery	Equity Delivery : Nil	Equity Delivery : 1x (no margin)
Equity Intraday	Equity Intraday : Upto 10x	Equity Intraday : Basic: 15x \| Priority: 20x \| Basic CO: 20x \| Priority CO: 27x
Equity Futures	Equity Futures : Nil	Equity Futures : Basic: 3x \| Priority: 3x \| Basic CO: 5x \| Priority CO: 6x
Equity Options	Equity Options : Nil	Equity Options : Basic: 3x \| Priority: 3x \| Basic CO: 3x \| Priority CO: 3x
Currency Futures	Currency Futures : NA	Currency Futures : Basic:4x \| Priority:4x \| Basic CO:4x \| Priority CO:5x
Currency Options	Currency Options : NA	Currency Options : Basic: 4x \| Priority: 4x \| Basic CO: 4x \| Priority CO: 5x
Commodity Futures	Commodity Futures : 3x	Commodity Futures : Basic: 2.5x \| Priority: 3x \| Basic CO: 3x \| Priority CO: 4x
Commodity Options	Commodity Options : NA	Commodity Options : -
F&O (Eq, Curr, Comm)	F&O (Eq, Curr, Comm) : -	F&O (Eq, Curr, Comm) : -

Axis Direct vs Upstox Orders

Orders

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

Axis Direct vs Upstox Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Axis Direct	Upstox
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 Upstox Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

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

Axis Direct vs Upstox Product & Services

Axis Direct and Upstox 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	Upstox
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	Margin Trading : Yes
Call in Trade *	Call in Trade : Yes	Call in Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes
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 : Yes
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 : Yes
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : No	Margin Calculator : Yes
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 : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No

Axis Direct vs Upstox Customer Services

Axis Direct and Upstox 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	Upstox
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 : Yes
Customer Care *	Customer Care : Yes	Customer Care : Yes
Community Service *	Community Service : Yes	Community Service : Yes
Relationship Manager *	Relationship Manager : -	Relationship Manager : No
24/7 Support *	24/7 Support : No	24/7 Support : No

Axis Direct vs Upstox Other Investement

Axis Direct and Upstox 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	Upstox
Commodity Trading *	Commodity Trading : No	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes
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 Upstox Trading PlatForm

Axis Direct and Upstox 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	Upstox
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 : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : Yes	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
Contact Now	Enquire Now	Enquire Now