AxisDirect Vs TradePlusOnline : Side By Side Comparison

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

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.

TradePlus 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 AxisDirect Vs TradePlusOnline:

Parameters	Axis Direct	TradePlusOnline
Review	Axisdirect Review	TradePlusOnline Review
Type of Broker	Full Service Broker	Discount Broker
Incorporation Year	2006	1995
Supported Exchanges	NSE, BSE, MSEI and MCX	NSE, BSE and MCX
Account Related Charges
Trading Account Opening Fees	Rs 999	Rs 199
Trading Account AMC	Rs 0	Rs 499 (For 5 Years)
Demat Account Opening Fees	Rs 420	Rs 0
Demat Account AMC	Rs 650	Rs 0
Brokerage Charges
Equity Delivery Brokerage	0.3%	0.1%
Equity Intraday Brokerage	0.05%	0.01%
Equity Futures Brokerage	0.05%	Rs 799/month for unlimited trading
Equity Options Brokerage	Rs 100/lot	Rs 99/month for unlimited trading
Currency Futures Trading Brokerage	0.05%	Rs 99/month for unlimited trading
Currency Options Trading Brokerage	Rs 100/lot	Rs 99/month for unlimited trading
Commodity Trading Brokerage	NA	Rs 99/month for unlimited trading
Minimum Brokerage Charges	Rs 20 per trade or 2.5% whichever is lower	NIL
Monthly Unlimited Plans
Brokerage Calculator	Axis Direct Calculator	Tradeplus online Brokerage Calculator
Transaction Charges
Equity Delivery	0.00325%	0.00330%
Equity Intraday	0.00325%	0.00330%
Equity Futures	0.00190%	0.00350%
Equity Options	0.050% (On Premium)	0.075% (On Premium)
Currency Futures	0.00190%	0.00165%
Currency Options	0.050% (On Premium)	0.060% (On Premium)
Commodity	NA	0.004%
Exposure
Equity	Upto 10 times Intraday and No Leverage for Delivery	Upto 4 times for Delivery
Equity Futures	No Leverage	upto 5 times
Equity Options	No leverage	upto 2 times
Currency Futures	No Leverage	upto 2 times
Currency Options	No leverage	No Leverage
Commodities	NA	Upto 2 times
Features
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	NEST on Web, Infini Trader, Tradeplus Mobile
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

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:

Point By Point Comparison of TradePlusOnline with other Brokers:

Visit comparison of stock brokers in India page to compare two brokers side by side.