5Paisa Vs AxisDirect : Side By Side Comparison

In this page, I am providing side by side comparison of 5Paisa Vs AxisDirect

AxisDirect is a brokerage arm of Axisbank and hence provide 3-in-1 demat account. It enables seamless transfer of funds within the accounts. Brokerage of this broker is on higher side.

5Paisa falls in Discount Broker category. Hence they offer limited services but charges flat brokerage charges. But unlike other discount brokers, they provide recommendations.

There are lot of differences between these two brokers.

I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.

However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.

Here is the comparison of 5Paisa Vs AxisDirect:

Parameters	5 Paisa	IIFL
Review	5paisa Review	IIFL Review
Type of Broker	Discount Broker	Full Service Broker
Incorporation Year	2015	1995
Supported Exchanges	NSE, BSE and MCX-SX	NSE, BSE, MCX-SX , MCX and NCD-EX
Account Related Charges
Trading Account Opening Fees	Rs 250	Rs 750
Trading Account AMC	Rs 0	Rs 0
Demat Account Opening Fees	Rs 0	Rs 555
Demat Account AMC	Rs 400	Rs 300
Brokerage Charges
Equity Delivery Brokerage	Rs 10 per executed order	0.5%
Equity Intraday Brokerage	Rs 10 per executed order	0.05%
Equity Futures Brokerage	Rs 10 per executed order	0.05%
Equity Options Brokerage	Rs 10 per executed order	Rs 100/lot or 1% of premium which ever is higher
Currency Futures Trading Brokerage	Rs 10 per executed order	0.05%
Currency Options Trading Brokerage	Rs 10 per executed order	Rs 100/lot or 1% of premium which ever is higher
Commodity Trading Brokerage	NA	0.03%
Minimum Brokerage Charges	NIL	5 paisa per share
Monthly Unlimited Plans
Brokerage Calculator	5Paisa Brokerage Calculator	IIFL Brokerage Calculator
Transaction Charges
Equity Delivery	0.0035%	0.0035%
Equity Intraday	0.0035%	0.0035%
Equity Futures	0.0021%	0.0021%
Equity Options	0.051% (On Premium)	0.051% (On Premium)
Currency Futures	0.0021%	0.0021%
Currency Options	0.051% (On Premium)	0.051% (On Premium)
Commodity	NA	0.028%
Exposure
Equity	Upto 15 times Intraday and upto 4times for Delivery	Upto 20 times Intraday and 3 times for Delivery
Equity Futures	2 times for Intraday	3 times for Intraday
Equity Options	Upto 2 times	Buying No leverage and Shorting upto 3 times
Currency Futures	Upto 2 times intraday	2 times for Intraday
Currency Options	Upto 2 times intraday	Buying No leverage and Shorting upto 2 times
Commodities	NA	Upto 2 times intraday
Features
3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform	5 Paisa Trade Station, Trader Terminal , Mobile App	Trader Terminal (TT), Market App, Trader web
Investment Services
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Customer Service Channels
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Relationship Managers
Research Reports/Tips/Recommendations
Daily Market Report
Tips/Recommendations
Quarterly Result Analysis
News Alerts
Robo Advisory
Promotional Offers
	NIL	Zero Account Opening Charges Zero AMC for First Year

And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.

Point By Point Comparison of 5Paisa with other Brokers:

Point By Point Comparison of Axis Direct with other Brokers: