India Infoline (IIFL) vs AxisDirect

India Infoline (IIFL) vs AxisDirect - side-by-side comparison . Compare India Infoline (IIFL) vs AxisDirect brokerage, charges, exposure margin, demat account. Read India Infoline (IIFL) vs AxisDirect review.

Detailed comparison India Infoline (IIFL) vs AxisDirect and find out which is better in India Infoline (IIFL) vs AxisDirect .

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India Infoline (IIFL)

AxisDirect

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

India Infoline Limited Axis Securities
Standard Plan Fixed Plan
Trading Account Opening Fee ₹750 ₹900
Demat Account Opening Fee ₹555 ₹0
Demat Account AMC * ₹400 ₹650
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

India Infoline Limited Axis Securities
Standard Plan Fixed Plan
Equity Delivery 0.50% 0.50%
Equity Intraday 0.05% 0.05%
Equity Future 0.05% 0.05%
Equity Options 1% of premium or ₹100 per lot
(whichever is high)
Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures ₹25 per lot 0.05%
Currency Options 1% of premium or ₹100 per lot
(whichever is high)
Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Monthly Fee NA NA
Commodity 0.05% 0.03% (Each Leg)

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India Infoline Limited Axis Securities
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Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

India Infoline Limited Axis Securities
Standard Plan Fixed Plan
Equity Delivery ₹325 NSE ₹325 | BSE ₹300
Equity Intraday ₹325 NSE ₹325 | BSE ₹300
Equity Future * ₹210 NSE ₹190 | BSE ₹300
Equity Options * ₹5100 NSE ₹5000 | BSE ₹300
Currency Futures * ₹210 ₹190
Currency Options ₹5100 ₹5000

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

India Infoline Limited Axis Securities
Standard Plan Fixed Plan
Minimum Brokerage ₹0.05 per share ₹20 per executed order
Call & Trade ₹50 per call Rs 20 per call post 20th call per month
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.04% (minimum ₹25 per debit transaction) 0.04% (minimum Rs 25 per instruction)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

India Infoline Limited Axis Securities
Standard Plan Fixed Plan
Trading Platform Trader terminal and IIFL Markets App DirectTrade, Swift Trade
Placing orders through charts No No
Trading Alerts No Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives Yes Yes
Unique features & Offers Market mantra, IIFL calls, Loyalty points Can trade in 32 exchanges through Saxo Trader
Referral Program NA Rs.500 per referal

Demat Account Charges

Find charges for the best Demat Account for small investors

India Infoline Limited Axis Securities
Standard Plan Fixed Plan
Depository Service Provider CDSL and NSDL CDSL
Account Opening Fee

₹555

Nil

Advance Deposit

Nil

Nil

AMC

₹400 + GST

Retail Account:

Axis Bank Customer: ₹650 per year (1st year free). ₹2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank.

Non-Axis Bank Customer: ₹250 per year (1st year free)

BSDA Account:

Nil for holding value till ₹50,000

₹100 per year for holding value from ₹50,001 to ₹2,00,000

Holding value above ₹2,00,000 tariff for Retail account will be applicable.

Corporate Account:

₹400 for Axis Bank clients + CDSL AMC of ₹500

₹600 for non-Axis Bank clients+ CDSL AMC of ₹500

Dematerialisation Charges

₹15 per certificate + ₹40 as postal charges

Retail / BSDA Account: ₹5 per certificate subject to minimum of ₹50 per request, whichever is higher. ₹50 per request as courier charges for mutual fund Units.

Corporate Account: ₹2.50 per certificate subject to a minimum of the ₹50 per request.

Rematerialisation Charges

₹15 per certificate or ₹15 for every 100 securities or part thereof whichever is higher + ₹40 for courier

Retail / BSDA Account: ₹20 for every 100 securities or part thereof or ₹50 per request whichever is higher. ₹50 per instruction for mutual fund Units.

Corporate Account: ₹20 per certificate subject to minimum of ₹50 per request

Transaction Charges (Credit) - -
Transaction Charges (debit)

0.04% of the value of the transaction, subject to min ₹25 per instruction

Retail Account: 0.04% of the value of the transaction (Min ₹25 per instruction) whichever is higher. ₹25 flat per instruction for mutual fund units.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. ₹50 flat per instruction for mutual fund units.

Corporate Account: 0.04% subject to minimum of ₹23 per instruction.

Pledge Creation Charges

₹50

Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

Corporate Account: Flat ₹50 per request.

Pledge Creation Confirmation Charges

Nil

Nil

Pledge Invocation Charges

Nil

Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

Corporate Account: Flat ₹50 per request.

Failed Instruction Charges

Nil

₹10 per Instruction

Other Charges

Nil

Ad-hoc Statement - ₹100 per statement

Quarterly (Physical) statement

Retail Account - Nil

BSDA Account - ₹25 per statement

Account Modification Charges

Retail Account - Nil

BSDA Account - ₹100

DIS Booklet Charge

Retail Account - NIL

BSDA Account - ₹200 per booklet

Redemption of mutual fund units through DP - ₹25 per instruction

Basic Details

Basic Details of Brokers

India Infoline Limited Axis Securities
Standard Plan Fixed Plan
Year of Incorporation 1995 2005
Active Exchange Memberships NSE, BSE, MCX, and NCDEX NSE, BSE, MCX
Demat Services NSDL & CDSL NSDL
Website https://www.indiainfoline.com https://simplehai.axisdirect.in
Contact Details 022-400710000 18002100808
Total Number of Clients 2,30,000+ 389,500+
Total Number of Branches 900 cities 3000+

Charts and Data

Charts and Data

India Infoline Limited Axis Securities
Standard Plan Fixed Plan
Live data source Yes NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup No -
No.of indicators 99 40
No.of charts can be opened 1 -
Live Scanners No -
Customizable screeners No No
Trading from charts No No
Compare Symbol performance on Chart No No
Options charts Yes No
Continuous futures charts Yes No
Intraday historical data for charts 20 days 1 year
End of Day historical data for charts 10 years 15 years
Corporate action adjusted charts No No
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics No Yes
Price Ladder No No

Leverage

Leverage

India Infoline Limited Axis Securities
Standard Plan Fixed Plan
Equity Delivery - Nil
Equity Intraday - Upto 10x
Equity Futures - Nil
Equity Options - Nil
Currency Futures - NA
Currency Options - NA
Commodity Futures - 3x
Commodity Options - NA

Orders

Orders

India Infoline Limited Axis Securities
Standard Plan Fixed Plan
Cover Orders (CO) Yes Yes
Bracket orders / One Cancels Other (BO / OCO) No No
After Market Orders (AMO) Yes Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

India Infoline Limited Axis Securities
Standard Plan Fixed Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.75,000 to Rs.2,00,000 Rs.1,00,000 to Rs.3,00,000

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India Infoline Limited Axis Securities
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