Comparison –  Axis Direct Vs Way2Wealth

Axis Direct Way2wealth
Year of Incorporation 2006 1984
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
0.04% for Intraday, 0.4% for Delivery – Negotiable
Equity Futures 0.05% of Turnover 0.04% of Turnover – Negotiable
Equity Options Rs 100/lot Rs 50/lot – Negotiable
Currency Futures 0.05% of Turnover 0.04% of Turnover – Negotiable
Currency Options Rs 100/lot Rs 50/lot – Negotiable
Commodity NA 0.04% of Turnover – Negotiable
Account opening charges
Trading and Demat Rs 900 NA
Only Trading 350
Commodity 100
Trading Tools
Platforms Mobile/ web Mobile/ web/ desktop
Charting 5 days on Web based 22 days on NEST
Margins & Leverage Provided
Equity Upto 10 times for Intraday, 0 for Delivery
Upto 6 times for Intraday, 0 for Delivery
Equity Futures No Leverage Upto 2 times for Intraday
Equity Options No Leverage No Leverage
Currency Futures No Leverage Upto 2 times Intraday
Currency Options No Leverage No Leverage
Commodity NA Upto 3 times Intraday
Serviceable
3 in 1 Account YES No
Instant Fund withdrawal YES No
Instant Fund Transfer YES YES
Relationship Managers YES YES