In this page, I am providing side by side comparison of AxisDirect Vs Sharekhan.
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.
Whereas Sharekhan is full service broker and provides many services to its clients. Both of these brokers offer research and recommendation to their customers.
But still 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 AxisDirect Vs Sharekhan:
Parameters | Axis Direct | Sharekhan |
Review | ||
Type of Broker |
Full Service Broker |
Full Service Broker |
Incorporation Year | 2006 | 2000 |
Supported Exchanges | NSE, BSE, MSEI and MCX | NSE, BSE, NCD-EX, MCX and NSEL |
Account Related Charges |
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Trading Account Opening Fees | Rs 999 | Rs 750 |
Trading Account AMC | Rs 0 | Rs 0 |
Demat Account Opening Fees | Rs 420 | Rs 0 |
Demat Account AMC | Rs 650 | Rs 400 |
Brokerage Charges |
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Equity Delivery Brokerage | 0.3% | 0.5% |
Equity Intraday Brokerage | 0.05% | 0.1% |
Equity Futures Brokerage | 0.05% | 0.1% |
Equity Options Brokerage | Rs 100/lot | Rs 100/lot |
Currency Futures Trading Brokerage | 0.05% | 0.1% |
Currency Options Trading Brokerage | Rs 100/lot | Rs 30/lot |
Commodity Trading Brokerage | NA | 0.1% |
Minimum Brokerage Charges | Rs 20 per trade or 2.5% whichever is lower | Rs 16 per Scrip |
Monthly Unlimited Plans | ||
Brokerage Calculator | Axis Direct Calculator | Sharekhan Brokerage Calculator |
Transaction Charges |
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Equity Delivery | 0.00325% | 0.00325% |
Equity Intraday | 0.00325% | 0.00325% |
Equity Futures | 0.00190% | 0.00190% |
Equity Options | 0.050% (On Premium) | 0.0500% (On Premium) |
Currency Futures | 0.00190% | 0.00135% |
Currency Options | 0.050% (On Premium) | 0.04220% (On Premium) |
Commodity | NA | 0.00230% ( Non Agri) & 0.00095% ( Agri) |
Exposure |
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Equity | Upto 10 times Intraday and No Leverage for Delivery | Upto 10 times Intraday and 5 times Delivery |
Equity Futures | No Leverage | Upto 2 times Intraday |
Equity Options | No leverage | No Leverage |
Currency Futures | No Leverage | No Leverage |
Currency Options | No leverage | No Leverage |
Commodities | NA | Upto 2 times intraday |
Features |
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3 in 1 Account | ||
Mobile Trading | ||
Charting | ||
Automated Trading | ||
After Trading Hour Orders | ||
SMS Alerts | ||
Margin Funding | ||
Trading Platform | Axis SwiftTrade, AxisDirect Trade, Mobile Trade | Trade Tiger, Sharekhan Mobile App and Sharekhan Mini |
Investment Services |
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Stock / Equity | ||
Commodity | ||
Currency | ||
Initial Public Offers (IPO) | ||
Mutual Funds | ||
Customer Service Channels |
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24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Support Through Branches | ||
Relationship Managers | ||
Research Reports/Tips/Recommendations |
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Daily Market Report | ||
Tips/Recommendations | ||
Quarterly Result Analysis | ||
News Alerts | ||
Robo Advisory | ||
Promotional Offers |
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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 Axis Direct with other Brokers:
AxisDirect in comparison with other Stock Brokers |
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Point By Point Comparison of Sharekhan with other Brokers:
Sharekhan in comparison with other Stock Brokers |
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This article compared the selected brokers. Click here to compare any two stock brokers in India side by side.