Comparison –  HDFC Securities Vs Axis Direct 

HDFC Securities Axis Direct
Year of Incorporation 2002 2006
Exchanges enabled NSE & BSE NSE & BSE
Demat (NSDL/CDSL) NSDL/CDSL NSDL
Brokerages
Equity 0.5% for Delivery & 0.05% for Intraday – Negotiable 0.05% for Intraday, 0.5% of Delivery
Equity Futures 0.05% on Turnover – Negotiable 0.05% of Turnover
Equity Options Rs 100/lot – Negotiable Rs 100/lot
Currency Futures Rs 23/lot – Negotiable 0.05% of Turnover
Currency Options Rs 23/lot – Negotiable Rs 100/lot
Commodity NA NA
Account opening charges
Trading and Demat Rs 999 Rs 900
Only Trading N/A
Commodity N/A
Trading Tools
Platforms Mobile/ web Mobile/ web
Charting 5 Days 5 days on Web based
Margins & Leverage Provided
Equity Upto 20 times for Intraday, Upto 2 times for Delivery @interest Upto 10 times for Intraday, 0 for Delivery
Equity Futures NA for Intraday No Leverage
Equity Options NA for Intraday No Leverage
Currency Futures NA for Intraday No Leverage
Currency Options NA for Intraday No Leverage
Commodity NA for Intraday NA
Serviceable
3 in 1 Account YES YES
Instant Fund withdrawal YES YES
Instant Fund Transfer YES YES
Relationship Managers YES YES