Comparison –  Axis Direct Vs KARVY

Axis Direct KARVY
Year of Incorporation 2006 1985
Exchanges enabled NSE & BSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL NSDL, CDSL
Brokerages
Equity 0.05% for Intraday, 0.5% of Delivery 0.03% Intraday, 0.3% Delivery
Equity Futures 0.05% of Turnover 0.03% of Turnover
Equity Options Rs 100/lot Rs 50/lot
Currency Futures 0.05% of Turnover 0.03% of Turnover
Currency Options Rs 100/lot Rs 50/lot
Commodity NA 0.03% of Turnover
Account opening charges
Trading and Demat Rs 900 Rs 420
Only Trading NA
Commodity Rs 200
Trading Tools
Platforms Mobile/ web Mobile/ web/ desktop
Charting 5 days on Web based 5 days Intraday on ODIN
Margins & Leverage Provided
Equity Upto 10 times for Intraday, 0 for Delivery Intraday upto 20 times, 0 for Delivery
Equity Futures No Leverage Upto 4 times for Intraday
Equity Options No Leverage
No Leverage for buying, upto 4 times for Shorting Intraday
Currency Futures No Leverage No Leverage
Currency Options No Leverage No Leverage
Commodity NA Upto 4 times for Intraday
Serviceable
3 in 1 Account YES NO
Instant Fund withdrawal YES NO
Instant Fund Transfer YES YES
Relationship Managers YES YES