Established in the year 2005, Axis Direct is considered one of the best full-service brokers in India. According to the latest data, it is one of the largest Demat account providers in India. At present, it has a total of nearly about 1 million happy investors. In this post, let us know more about Axis Direct brokerage.
Table of Contents
What is Axis Direct?
Axis Direct brokerage is a full-service stock broker in India. The Axis Direct is the flagship brand under which Axis Securities Ltd offers its retail broking and investment services. Axis Securities Ltd is a subsidiary of Axis Bank, 3rd largest private bank in India.
Axis Direct Account
AxisDirect offers a 3-in-1 account, which means the benefits of 3 accounts in one. These are Banking, Demat, and Stock Trading accounts. This account provides a seamless transaction of shares and money between these 3 accounts. It makes trading easier for the traders specially the beginners.
Here is all you want to know about Axis Direct charges, trading platforms, Demat account & more.
Why open an Account with Axis Direct Brokerage?
1. It provides pocket easy offerings.
2. Never miss an opportunity with state-of-the-art trading platforms.
3. It provides exclusive research recommendations.
4. Complete paperless account opening process.
Investment Product offered by Axis Direct
1. Equity
2. Derivatives
3. Mutual Fund
4. Commodities
5. Currencies
6. ETFs
7. SIP
8. Tax Saving
9. Insurance
10. Fixed Income
11. IPOs
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AxisDirect Trading Platforms
You can trade effortlessly from your personal computer, smartphone, or tablet using the following advanced online investing and trading platforms.
AxisDirect Mobile App
Axis Direct App is specially designed to make trading a delightful experience. In this, you can easily check the live quotes of any stock and analysis through dynamic looking and live charts which made it easy to understand.
Axis Direct App keeps you updated on your positions with the live market information. Know the current price of stocks, your profit or loss, and make a decision accordingly. The portfolio feature gives you a complete view of your Equities, ETFs, Mutual Funds, and Derivatives. You can make your watchlist of your favourite stocks.
Registration Process:
A simple registration process with two easy steps:
1. Enter your details.
2. Enter the OTP (one time password) that you received on your registered mobile number.
Web Portal
AxisDirect Web Portal provides you smoother access to all trading segments across exchanges. This web portal works on all your devices like smartphones, tablets, or desktops. Some important features of Axis Direct trading web portal are:
1. It allows you to trade in various segments across exchanges under one roof.
2. Get live market updates be it big size-indices, latest news, currency rates, or your portfolio value.
3. Keeps you updated on markets and market events.
4. Get exact data and information by using customized & easy filters and search bar built across the portal
5. Easy trade with built-in Smart INVEST and TRADE buttons from anywhere on Axis web portal.
6. Enhance your knowledge with fun-filled quizzes, webinars, calculators, videos, etc.
7. Customized alerts and notifications.
Swift Trade 3.0
Swift Trade 3.0 is a web-based trading platform that does not need the installation or download of any software. You just need to simply go to the specific website, log in and start trading. There are some features and benefits of AxisDirect Swift trade listed below:
1. No need to click “Refresh”, as the live streaming of quotes gets updated automatically.
2. Get live streaming market rates.
3. Track your favorite stocks by creating your multiple Marketwatch.
4. Get quotes on any stock you want, when you trade through Swift Trade 3.0.
5. Get investment as well as trading ideas below your Marketwatch.
Direct Trade
AxisDirect Trade is a lighting fast desktop trading application. You have to download and install this desktop application. This application has the following features and benefits as mentioned below:
1. There is no need to “Refresh” it as the live streaming of quotes gets updated automatically on the screen.
2. Gets you instant updates regarding your trades, be it order status, positions, trade confirmations, and more.
3. It includes shortcut keys that help you to place your trading orders at a rapid speed.
System requirement for this application
| Operating System | Windows 10 |
| Hard Disk Free Space Required | 50 GB |
| Dot.Net Framework | 4.6.2 |
| RAM | 4 GB ( for Client ) |
| Processor | Intel Core i3 or above |
| Internet | 2Mbps or above |
Eligibility for AxisDirect Online Trading Account
All resident Indians who are 18 years old or above are eligible to open an online trading account. A trading account can be opened for individuals, HUF, trust, sole proprietor, and company and partnership firm.
Documents required for account opening
You should keep the following documents ready:
1. PAN card
2. Address Proof: Passport, Aadhaar Card, Voter Id card, Driving Licence
3. One Cancelled Cheque
4. Passport Size Photograph
Axis Direct Account Opening Process
1. Click here for axis direct online account opening.
2. Enter your name, email address, and phone number.
3. Next, enter the OTP being sent to your mobile number to verify.
4. Enter your PAN card number and DOB (date of birth).
5. Provide your details like:
- Name
- Permanent Address
- Residential Status
- Marital Status
- Education
- Father’s and mother’s basic information
- Financial information & information related to your income.
- Trading experience (if any)
6. Next, fill in your bank details such as the name of the bank, account number, and IFSC code.
7. Now make payment.
8. Here, you need to upload your documents like a canceled cheque, passport size photograph, and address proof.
9. Next, e-sign your online form.
10. It’s done! Start trading!
Click here to Open Demat & Trading Account with Axis Direct
Axis Direct Charges 2021
1. Axis Direct Account opening charges: Rs.999 (3-in-1 account).
2. Trading Account AMC: Nil
3. Demat Account opening charges: Nil
4. Demat Account AMC: Rs.650 per year (free for 1st year).
5. Charges for closure of account: Nil
Axis Direct Brokerage Charges 2021
AxisDirect Fixed Plan
The following fixed brokerage charges applicable in this plan:
1. Equity Delivery: 0.50% (Each Leg)
2. Equity Intraday: 0.05% (Each Leg)
3. Futures (Equity): 0.05% (Each Leg)
4. Options (Equity): Rs.20/ lot
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Advantages of opening a Demat Account with AxisDirect
There are many advantages of opening a Demat account with AxisDirect. Some of them are listed below:-
1. No stamp duty is required on the transfer of securities. You don’t have to pay extra money from your pocket.
2. Better security due to elimination of paperwork.
3. Investors don’t have to worry about losing their certificates.
4. One Demat account can hold both equity and debt investments.
5. Overall transaction costs are lower as compared to trading in physical stocks or shares.
6. It offers immediate transfer of securities which helps customers save a lot of time.
7. Liquidity increases as you can sell the securities any time but during trading hours.
Click here to Open Demat & Trading Account with Axis Direct
Axis Direct Customer Care Number
You can contact customer care for queries related to trade, account management, portfolio, etc.
Trading Queries:
Telephone Numbers – 022-40508080 and 022-61480808.
Email Id – helpdesk@axisdirect.in
Demat Queries:
Telephone Number: 022-68515400.
Email Id – dphelp@axisdirect.in
Customer Care Timings:
Monday to Friday – 08:45 am to 5:30 pm
Saturday – 10:00 am to 1:00 pm (1st, 3rd, and 5th)
Click here to open Demat and Trading Account with AxisDirect.
Final Thoughts
Axis Direct brokerage is one of the most reliable and trusted brokers in the country as it is part of Axis Bank which organically adds up to its reputation. When it comes to customer support services, AxisDirect does pretty well. However, due to its heavy charges, it won’t become that popular in the market. In our opinion, AxisDirect charges a little bit more than discount brokers but with this, it also provides some extra benefits.
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