Axis Direct

Full Service Broker Depository: CDSL & NSDL
8

Axis Direct is the brokerage arm of one of the biggest banks, Axis bank. Established in 2011 as a full-service broker, Axis Direct enjoys a lot of trust in the market because of its parent firm, Axis bank. Axis Direct has an active client base of 4,19,045 as of October 2024.

Now or Never Plan

1 or more plans offered by this broker, which outlines Account opening and maintenance fees, Brokerage charges, and Margins. Use plan switcher to see differences if multiple plans are available.

Charges

Account Opening Charges

Free

Account Maintenance Charges

₹ 790

Plan Charges

₹ 5,555

Call & Trade Charges

Free
Brokerage

Equity Delivery Brokerage

0.25%

Equity Intraday Brokerage

0.03%

Equity Futures Brokerage

0.03%

Equity Options Brokerage

₹ 20

Currency Futures Brokerage

0.03%

Currency Options Brokerage

₹ 10

Commodity Futures Brokerage

0.03%

Commodity Options Brokerage

₹ 10
Margins

Equity Delivery Margin

4x

Equity Intraday Margin

4x

Equity Futures Margin

4x

Equity Options Margin

4x

Currency Futures Margin

4x

Currency Options Margin

4x

Commodity Futures Margin

4x

Commodity Options Margin

4x
Investment Plus Plan

1 or more plans offered by this broker, which outlines Account opening and maintenance fees, Brokerage charges, and Margins. Use plan switcher to see differences if multiple plans are available.

Charges

Account Opening Charges

Free

Account Maintenance Charges

₹ 790

Plan Charges

₹ 1,500

Call & Trade Charges

₹ 20
Brokerage

Equity Delivery Brokerage

0.50%

Equity Intraday Brokerage

0.05%

Equity Futures Brokerage

0.05%

Equity Options Brokerage

₹ 20

Currency Futures Brokerage

0.03%

Currency Options Brokerage

₹ 25

Commodity Futures Brokerage

0.03%

Commodity Options Brokerage

₹ 25
Margins

Equity Delivery Margin

4x

Equity Intraday Margin

4x

Equity Futures Margin

4x

Equity Options Margin

4x

Currency Futures Margin

4x

Currency Options Margin

4x

Commodity Futures Margin

4x

Commodity Options Margin

4x
Fixed Plan

1 or more plans offered by this broker, which outlines Account opening and maintenance fees, Brokerage charges, and Margins. Use plan switcher to see differences if multiple plans are available.

Charges

Account Opening Charges

₹ 499

Account Maintenance Charges

₹ 790

Call & Trade Charges

Free
Brokerage

Equity Delivery Brokerage

0.50%

Equity Intraday Brokerage

0.05%

Equity Futures Brokerage

0.05%

Equity Options Brokerage

₹ 20

Currency Futures Brokerage

0.03%

Currency Options Brokerage

₹ 25

Commodity Futures Brokerage

0.03%

Commodity Options Brokerage

₹ 25
Margins

Equity Delivery Margin

4x

Equity Intraday Margin

4x

Equity Futures Margin

4x

Equity Options Margin

4x

Currency Futures Margin

4x

Currency Options Margin

4x

Commodity Futures Margin

4x

Commodity Options Margin

4x
Frequently Asked Questions

Yes, you can open a demat account with Axis Bank using its AxisDirect feature.

There isn’t any demat account opening charge. But there are other charges. You can view a comprehensive schedule of all charges here.

3-in-1 account is a combo bundle consisting of a Savings bank account, a Trading account and a Demat account. In addition to providing a wide range of investment products, it enables seamless transactions between these three accounts.

Axis Bank Direct is a platform that provides a 3-in-1 online investment account. Its mobile app allows customers to buy and sell, watch their portfolio, track live markets and trade on the go.

Axis Direct is a platform that provides users with a 3-in-1 account. This includes a Savings bank account, a Trading account and a Demat account.

You can open an account in just 15 minutes by following the below-listed steps:

 

Click on open Axis Bank Demat account

  1. Fill in your name, phone number and a verified email address.

  2. An OTP will be sent to your mobile number to verify.

  3. Now, enter the PAN number and date of birth to complete the next step.

  4. Fill up the personal details like Name, Permanent address, Residential status, Marital status etc. 

  5. Fill up bank details like Bank Name, Bank account number, IFSC code

  6. Make your payment

  7. Upload your documents like Aadhar card/driving licence/voter ID/passport

  8. And the last step will be E-signing your account opening form.

Axis Securities offers various trading platforms based on customers' investment style. 

  1. DirectTrade

  2. Swift Trade

  3. Mobile Trading

Customers can Trade/Invest through these.

Depository Participant Identification is a number that is assigned to the Depository Participant such as a broking firm, financial institution, bank by the NSDL and CDSL.

AxisDirect offers a 3-in-1 account, an integrated Trading, Demat and Bank account. This account offers a seamless transaction of money and shares between the three accounts. So, when the money gets transferred from your bank account to your trading account, the statement which is shown is known as axis direct debit.

To close your Axis Demat account the following details must be furnished with the account closure form:

  1. Your ID and your Depository Participant ID.

  2. KYC details like name and address that match with details submitted to Axis Securities.

  3. The reason for closing the demat account.

  4. Ensure that there are no dues on your account as well as no untraded securities.

  5. A bank employee must mandatorily submit and verify the self-attested identity proof copy.

Yes, Axis demat accounts are safe as all demat accounts are opened with Central Depository Services Limited(CDSL). Axis acts as only an intermediary between the customer and the central depository.

Any unutilised amount is automatically released at the end of the day. To withdraw money from your Axis Direct account, proceed with the following steps:

  1. Log in to AxisDirect.in

  2. Click on “Limits”.

  3. Select “Cash Limit” option.

  4. Under “Fund Hold and Release” option, enter the withdrawal amount and click on “Release”.

No Axis Direct is not free. The Fixed Plan on Axis Direct has an account opening cost of ?999 and fixed brokerage charges.