Comparison –  Indianinfoline Vs Axis Direct

IIFL Axis Direct
Year of Incorporation 1996 2006
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE & BSE
Demat (NSDL/CDSL) NSDL/CDSL NSDL
Brokerages
Equity 0.05% Intraday & 0.5% Delivery – Negotiable 0.05% for Intraday, 0.5% of Delivery
Equity Futures 0.05% of Turnover – Negotiable 0.05% of Turnover
Equity Options Rs 100/lot – Negotiable Rs 100/lot
Currency Futures Rs 25/lot – Negotiable 0.05% of Turnover
Currency Options Rs 10/lot – Negotiable Rs 100/lot
Commodity 0.03% – Negotiable NA
Account opening charges
Trading and Demat Rs 750 Rs 900
Only Trading NA
Commodity Nill
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web
Charting 20 Days 5 days on Web based
Margins & Leverage Provided
Equity Upto 20 times Intraday, &3 times for Delivery@interest Upto 10 times for Intraday, 0 for Delivery
Equity Futures Upto 3 times for Intraday No Leverage
Equity Options Buying no leverage, Shorting upto 3 times No Leverage
Currency Futures Upto 2 times for Intraday No Leverage
Currency Options Buying no leverage, Shorting upto 2 times No Leverage
Commodity Upto 3 times for Intraday NA
Serviceable
3 in 1 Account NO YES
Instant Fund withdrawal NO YES
Instant Fund Transfer YES YES
Relationship Managers YES YES