Axis Direct Rs 20 per order ( Though With Some Conditions)

[jyotixxx]

It's seems very soon all the the big players are going to jump in to this game! Axis Direct announces Rs 20/ Per order with some conditions!

https://simplehai.axisdirect.in/trade-at-20.html

 

[afin]

has anyone used this? How is the app and broker reliability/ performance?

 

[vishnux]

Lol it is free now for intraday and 10 rupees / lot for carryover...

 

[jyotixxx]

Lol it is free now for intraday and 10 rupees / lot for carryover...

Yeah but that’s only for options. Moreover I can’t find the link to that plan now. Can please show me.

 

[Bro]

75000 minimum balance required in account. That's ok, if they allow us to take trades based on that amount as Icici does.

 

[abhay.fintech]

Has anyone used e-margin on equity delivery of axis? They say 90 days margin. But does the 18% interest charge start from T+1 day itself or after 90 days as they seem to advertise

 

[Newbie Day-Trader]

Trading-cost is an important consideration but it isn't everything, especially now that there are a lot of low-brokerage brokers around? What's their platform like? What's the customer-care like?

 

[jyotixxx]

That’s true. But when you have to keep a huge capital, I am never comfortable with low cost discount brokers. Banks are always better

 

[milkyblack]

Anyone using Rs 20/- per order trade with Axis direct? Looks like there is no traction for this broker yet as hardly any discussion going on

 

[OneThatGotAway]

That’s true. But when you have to keep a huge capital, I am never comfortable with low cost discount brokers. Banks are always better

why is that ? for example If Axis bank goes bust and u have 24 lakhs in trading account
you get insurance uptill 25 lakhs from sebi....

so in this case all u will recover is 24 lakhs is safe
=======================
on contra you have account with less famous But sebi registered broker .. same is case

so wats difference ...both are same in my eyes. sebi insurance

don;t believe me read it here
https://www.nseindia.com/invest/resources/download/Guiness_Securities_Limited.pdf

To me honest Axis bank are Stupid R.s 20 and condition MY FOOT haven;t they heard so called name
Zerodha :xD

Bwt and that pink bull logo seems like ripped off logo version of rksv rhino logo lol