Comparison –  Axis Direct Vs Indianinfoline

Axis Direct IIFL
Year of Incorporation 2006 1996
Exchanges enabled NSE & BSE NSE, BSE, MCX-SX, MCX & NCDEX
Equity 0.05% for Intraday, 0.5% of Delivery 0.05% Intraday & 0.5% Delivery – Negotiable
Equity Futures 0.05% of Turnover 0.05% of Turnover – Negotiable
Equity Options Rs 100/lot Rs 100/lot – Negotiable
Currency Futures 0.05% of Turnover Rs 25/lot – Negotiable
Currency Options Rs 100/lot Rs 10/lot – Negotiable
Commodity NA 0.03% – Negotiable
Account opening charges
Trading and Demat Rs 900 Rs 750
Only Trading NA
Commodity Nill
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 Upto 20 times Intraday, &3 times for Delivery@interest
Equity Futures No Leverage Upto 3 times for Intraday
Equity Options No Leverage Buying no leverage, Shorting upto 3 times
Currency Futures No Leverage Upto 2 times for Intraday
Currency Options No Leverage Buying no leverage, Shorting upto 2 times
Commodity NA Upto 3 times for Intraday
3 in 1 Account YES NO
Instant Fund withdrawal YES NO
Instant Fund Transfer YES YES
Relationship Managers YES YES