Comparison – ICICI Direct Vs Axis Direct

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