Comparison –  KARVY Vs Axis Direct 

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