Comparison –  Axis Direct Vs ICICI Direct

Axis Direct ICICI Direct
Year of Incorporation 2006 2000
Exchanges enabled NSE & BSE NSE & BSE
Demat (NSDL/CDSL) NSDL NSDL & CDSL
Brokerages
Equity 0.05% for Intraday, 0.5% of Delivery Equity Intraday 0.05% & Delivery 0.25%- Negotiable
Equity Futures 0.05% of Turnover
0.05% of Turnover for Overnight & Intraday only one side- Negotiable
Equity Options Rs 100/lot
Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable
Currency Futures 0.05% of Turnover
0.05% of Turnover for Overnight & Intraday only one side- Negotiable
Currency Options Rs 100/lot
Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable
Commodity NA NA
Account opening charges
Trading and Demat Rs 900 Rs 975 for 3 in 1 Account
Only Trading NA
Commodity NA
Trading Tools
Platforms Mobile/ web Mobile/ web/ desktop
Charting 5 days on Web based 20 Days
Margins & Leverage Provided
Equity Upto 10 times for Intraday, 0 for Delivery
Intraday upto 25 times & Delivery upto 5 times for interest
Equity Futures No Leverage Upto 4 times for intraday
Equity Options No Leverage Not for buying but upto 2 times for shorting
Currency Futures No Leverage NA
Currency Options No Leverage NA
Commodity NA NA
Serviceable
3 in 1 Account YES YES
Instant Fund withdrawal YES YES
Instant Fund Transfer YES YES
Relationship Managers YES YES