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Axis Direct vs Edelweiss (Compare Axis Direct and Edelweiss)

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 Edelweiss, Below comparison of Axis Direct vs Edelweiss 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 Edelweiss is given below:

Axis Direct

Edelweiss

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	Axis Direct	Edelweiss

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	Edelweiss : "Edelweiss is one of the best brokerage houses that not just offers broking services but also offers you advisory and research facilities at extremely competitive pric >>> more
Find More Information about the Broker :	Axis Direct : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Edelweiss : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Axis Direct : Full Service Broker	Edelweiss : Full Service Broker
Promo/offers	Axis Direct : N/A	Edelweiss : Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.
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	Edelweiss : Security of your investment & money. Top class customer service Award-winning research services Different brokerage plans for the different type of clients Flat Rs 10 per executed order brokerage across the trading segments. Facility to open Instant paperless online account. Online IPO investment Relationship managers and add-on services like PMS are available Free call & trade services for Edelweiss Elite Plan subscribers.
Disadvantage	Axis Direct : No commodity & Currencytrading. Very High brokerage. Installable trading terminal cost at Rs 2999 per year. Minimum brokerage charges. Low Exposure	Edelweiss : Bracket orders and Good-Till canceled (GTC) orders are not available. No 3-in-1 account facility available Call & Trade is available at an additional cost of ₹ 20 per call. ₹ 50 per month for research calls and trading tips. High DP charges compared to other brokers..
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.	Edelweiss : Edelweiss Broking Limited is full-service broker who provide 2-in-1 On-line trading account to Indian as well as NRIs of gulf country. Award Winning Research and user-friendly trading platforms. They are versatile and provide the different broke plan to different types of clients. Edelweiss despite being a Full-service broker offer both discount & Full-service brokerage plans. Provide their services to Indians as well as NRIs and is very famous in Gulf countries. Wide offline presence through branches and franchises makes it easy for customers. Highly competitive brokerage plan as flat fee of ₹10 per order is comparatively cheaper than Zerodha, SAMCO and Upstox brokerage plan of ₹ 20/per order. Multiple trading platforms - Edelweiss Mobile Trader, Edelweiss Terminal X3 and Edelweiss.in.
		Open Account

Axis Direct vs Edelweiss Account Opening & AMC Charges

Axis Direct Trading Account Opening Fee is Rs 900 and Edelweiss Trading Account Opening Fee is Rs 0 (Free) . Axis Direct Demat Account AMC is Rs 650 and Edelweiss Demat Account AMC is Rs 500 (1st Year Free) .

	Axis Direct	Edelweiss
Trading Account Opening Fee	Trading Account Opening Fee : Rs 900	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : Rs 650	Demat Account AMC : Rs 500 (1st Year Free)
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : Rs 0
	Open Account	Open Account

Axis Direct vs Edelweiss 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 . Edelweiss Brokerage Charges Equity Delivery is 0.30% and Equity Intraday is 0.03% and Equity Options is Rs 75 per lot .

	Axis Direct		Edelweiss
Plan Name	Plan Name : Fixed Plan	Plan Name : Plan 125K	Plan Name : Edelweiss Lite	Plan Name : Edelweiss Elite
Equity Delivery	Equity Delivery : 0.50%	Equity Delivery : -	Equity Delivery : 0.30%	Equity Delivery : Rs 10 per executed order
Equity Intraday	Equity Intraday : 0.05%	Equity Intraday : -	Equity Intraday : 0.03%	Equity Intraday : Rs 10 per executed order
Equity Future	Equity Future : 0.05%	Equity Future : -	Equity Future : 0.03%	Equity Future : Rs 10 per executed order
Equity Options	Equity Options : Intraday: Rs 0.01 per lot \| Carry Forward: Rs 10 per lot	Equity Options : -	Equity Options : Rs 75 per lot	Equity Options : Rs 10 per executed order
Currency Futures	Currency Futures : 0.05%	Currency Futures : -	Currency Futures : 0.02%	Currency Futures : Rs 10 per executed order
Currency Options	Currency Options : Intraday: Rs 0.01 per lot \| Carry Forward: Rs 10 per l	Currency Options : -	Currency Options : Rs 20 per lot	Currency Options : Rs 10 per executed order
Monthly Fee	Monthly Fee : NA	Monthly Fee : -	Monthly Fee : -	Monthly Fee : NA
Margin Trading	Margin Trading : -	Margin Trading : -	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : 0.03%	Commodity Futures : -	Commodity Futures : -	Commodity Futures : -
Commodity Options	Commodity Options : Rs 50 per lot	Commodity Options : -	Commodity Options : -	Commodity Options : -
	Open Account		Open Account

Axis Direct vs Edelweiss 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) . Edelweiss 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) .

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

Axis Direct vs Edelweiss Other Charges

Axis Direct Minimum Brokerage is Rs 20 per trade and Call & Trade is Rs 20 per call . Edelweiss Minimum Brokerage is 0.03% Equity delivery, 0.01% Intra-day and Futures and Call & Trade is Rs 20 per call .

	Axis Direct	Edelweiss
Minimum Brokerage	Minimum Brokerage : Rs 20 per trade	Minimum Brokerage : 0.03% Equity delivery, 0.01% Intra-day and Futures
Call & Trade	Call & Trade : Rs 20 per call	Call & Trade : Rs 20 per call
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 : Margin Funding: 0.08%/day, Research: Rs 50 per month,
	Open Account	Open Account

Axis Direct vs Edelweiss Features

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

	Axis Direct	Edelweiss
Trading Platform	Trading Platform : DirectTrade, Axisdirect Web, Axisdirect Mobile	Trading Platform : Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
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 : Yes
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : 1	Referral Program : -
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
	Open Account	Open Account

Axis Direct vs Edelweiss Demat Account Charges

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

	Axis Direct	Edelweiss
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Nil	Account Opening Fee : â‚¹0 (Free)
Advance Deposit	Advance Deposit : Nil	Advance Deposit : Nil
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 : â‚¹500 per year (1st year 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 : â‚¹2 per certificate + â‚¹30 for postage
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 : â‚¹10 per 100 securities or part thereof (Subject to minimum of â‚¹10 per request) + â‚¹30 for postage
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) : 0.02% of the transaction value or â‚¹20 per transaction, whichever is higher
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 : 0.02% of the transaction value or â‚¹50 per transaction, whichever is higher
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : Nil
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 : 0.02% of the transaction value or â‚¹25 per transaction, whichever is higher
Failed Instruction Charges	Failed Instruction Charges : Rs 10 per Instruction	Failed Instruction Charges : Nil
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 : Account Closing: Nil
	Open Account	Open Account

Axis Direct vs Edelweiss Basic Details

Axis Direct Year of Incorporation is 2006 and Total Number of Clients is 357390 and Total Number of Branches is 56 . Edelweiss Year of Incorporation is 2002 and Total Number of Clients is 218206 and Total Number of Branches is 237 .

	Axis Direct	Edelweiss
Year of Incorporation	Year of Incorporation : 2006	Year of Incorporation : 2002
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : NSE, BSE, MCX
Demat Services	Demat Services : Yes	Demat Services : Yes
Website	Website : https://simplehai.axisdirect.in	Website : www.edelweiss.in
Contact Details	Contact Details : 18002100808	Contact Details : 1800-102-3335
Total Number of Clients	Total Number of Clients : 357,390	Total Number of Clients : 218,206
Total Number of Branches	Total Number of Branches : 56	Total Number of Branches : 237
Products *	Products : Equity, Derivatives, Mutual Fund, SIP, ETFs, Tax Savings, Fixed Income, IPOs, Fixed Deposits, Loans, Tax Services, NPS and Insurance.	Products : -
	Open Account	Open Account

Axis Direct vs Edelweiss Orders

Orders

	Axis Direct	Edelweiss
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) : No
After Market Orders (AMO)	After Market Orders (AMO) : No	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) : No	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : No
	Open Account	Open Account

Axis Direct vs Edelweiss Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Axis Direct	Edelweiss
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : -
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : -
Recommendation basis risk Profile *	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : -
Comparison *	Comparison : Yes	Comparison : -
Free Tips *	Free Tips : Yes	Free Tips : Yes
Daily Market report *	Daily Market report : Yes	Daily Market report : Yes
ETF research *	ETF research : Yes	ETF research : -
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : Yes
	Open Account	Open Account

Axis Direct vs Edelweiss Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Axis Direct	Edelweiss
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.1,00,000 to Rs.3,00,000	Investment required for Franchisee / AP : Rs 3 to 5 lakh
	Open Account	Open Account

Axis Direct vs Edelweiss Product & Services

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

Axis Direct vs Edelweiss Customer Services

Axis Direct and Edelweiss 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	Edelweiss
Toll Free Number *	Toll Free Number : Yes	Toll Free Number : -
Live Chat Facility *	Live Chat Facility : Yes	Live Chat Facility : -
Email Facility *	Email Facility : Yes	Email Facility : -
Branch Offices *	Branch Offices : Yes	Branch Offices : -
Customer Care *	Customer Care : Yes	Customer Care : -
Community Service *	Community Service : Yes	Community Service : -
Relationship Manager *	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : -
	Open Account	Open Account

Axis Direct vs Edelweiss Other Investement

Axis Direct and Edelweiss 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	Edelweiss
Commodity Trading *	Commodity Trading : No	Commodity Trading : -
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : -
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : -
Investment in Bonds *	Investment in Bonds : Yes	Investment in Bonds : -
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : -
Insurance Services *	Insurance Services : Yes	Insurance Services : -
Banking Services *	Banking Services : No	Banking Services : -
	Open Account	Open Account

Axis Direct vs Edelweiss Trading Platform

Axis Direct and Edelweiss 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	Edelweiss
Web Platform *	Web Platform : Yes	Web Platform : -
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : -
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : -
Desktop Mac *	Desktop Mac : No	Desktop Mac : -
I-Pad App *	I-Pad App : Yes	I-Pad App : -
Virtual Trading *	Virtual Trading : No	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : -
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	Open Account	Open Account