Networth Direct vs AxisDirect

Networth Direct vs AxisDirect - side-by-side comparison . Compare Networth Direct vs AxisDirect brokerage, charges, exposure margin, demat account. Read Networth Direct vs AxisDirect review.

Detailed comparison Networth Direct vs AxisDirect and find out which is better in Networth Direct vs AxisDirect .

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Networth Direct

AxisDirect

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Networth Stock Broking Ltd Axis Securities
Standard Plan Fixed Plan
Trading Account Opening Fee ₹149 ₹900
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹400 ₹650
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Networth Stock Broking Ltd Axis Securities
Standard Plan Fixed Plan
Equity Delivery 0.10% to 0.30% 0.50%
Equity Intraday 0.05% to 0.03% 0.05%
Equity Future 0.05% to 0.03% 0.05%
Equity Options ₹25 to ₹60 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures 0.05% to 0.03% 0.05%
Currency Options ₹25 to ₹60 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Monthly Fee NA NA
Commodity 0.05% to 0.03% 0.03% (Each Leg)

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Networth Stock Broking Ltd Axis Securities
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Transaction Charges (Per Crore)

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

Networth Stock Broking Ltd Axis Securities
Standard Plan Fixed Plan
Equity Delivery BSE: ₹325; NSE: ₹275 NSE ₹325 | BSE ₹300
Equity Intraday ₹325 NSE ₹325 | BSE ₹300
Equity Future * NSE: ₹190; BSE: ₹50 NSE ₹190 | BSE ₹300
Equity Options * ₹6500 NSE ₹5000 | BSE ₹300
Currency Futures * ₹115 ₹190
Currency Options ₹4000 ₹5000

Other Charges

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

Networth Stock Broking Ltd Axis Securities
Standard Plan Fixed Plan
Minimum Brokerage 5 Paisa per share ₹20 per executed order
Call & Trade - 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) ₹15 per scrip 0.04% (minimum Rs 25 per instruction)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Networth Stock Broking Ltd Axis Securities
Standard Plan Fixed Plan
Trading Platform Fast trade DirectTrade, Swift Trade
Placing orders through charts Yes No
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives No Yes
Unique features & Offers - Can trade in 32 exchanges through Saxo Trader
Referral Program - Rs.500 per referal

Demat Account Charges

Find charges for the best Demat Account for small investors

Networth Stock Broking Ltd Axis Securities
Standard Plan Fixed Plan
Depository Service Provider CDSL and NSDL CDSL
Account Opening Fee Nil

Nil

Advance Deposit Deposit Rs. 2,500/- (Refundable)

Nil

AMC Rs. 400/- p.a; BSDA: Rs. 100/- (If value of holding is between 50001 to 200000)

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 Rs. 5/- Per Certificate with min Rs. 40/- Per request + Rs. 45/- Courier Charges pr request

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 Rs. 45/- Postage Charges + Rs. 10/- Per 100 Securities / Rs. 20/- Per Certificate whichever is higher, Maximum Rs 500000

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) Regular: Rs. 12, BSDA: Rs. 25

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 Rs. 50/- Per Instruction

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 Rs. 25/- Per Instruction

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 Freeze-De-Freeze: Rs.50/-

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

Networth Stock Broking Ltd Axis Securities
Standard Plan Fixed Plan
Year of Incorporation 1993 2005
Active Exchange Memberships NSE, BSE, MCX NSE, BSE, MCX
Demat Services NSDL and CDSL NSDL
Website https://www.mnclgroup.com/ https://simplehai.axisdirect.in
Contact Details (+91) 79-26666500 18002100808
Total Number of Clients 2,47,900+ 389,500+
Total Number of Branches 71 3000+

Charts and Data

Charts and Data

Networth Stock Broking Ltd Axis Securities
Standard Plan Fixed Plan
Live data source NSE, BSE, MCX NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup 5 -
No.of indicators 17+ 40
No.of charts can be opened 5 -
Live Scanners Yes -
Customizable screeners Yes No
Trading from charts Yes No
Compare Symbol performance on Chart - No
Options charts - No
Continuous futures charts - No
Intraday historical data for charts Yes 1 year
End of Day historical data for charts Yes 15 years
Corporate action adjusted charts Yes No
Back Testing No No
Options Chain Yes Yes
Heat Maps - Yes
Analytics - Yes
Price Ladder - No

Leverage

Leverage

Networth Stock Broking Ltd 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

Networth Stock Broking Ltd 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

Networth Stock Broking Ltd Axis Securities
Standard Plan Fixed Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.75,000 to Rs.2 Lakh Rs.1,00,000 to Rs.3,00,000

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Networth Stock Broking Ltd Axis Securities
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