RKSV Upstox vs AxisDirect

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

Detailed comparison RKSV Upstox vs AxisDirect and find out which is better in RKSV Upstox vs AxisDirect .

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RKSV Upstox

AxisDirect

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

RKSV Securities Ltd Axis Securities
Standard Plan Fixed Plan
Trading Account Opening Fee ₹150 ₹900
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹150 ₹650
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

RKSV Securities Ltd Axis Securities
Standard Plan Fixed Plan
Equity Delivery ₹0 0.50%
Equity Intraday ₹20 0.05%
Equity Future ₹20 0.05%
Equity Options ₹20 Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures ₹20 0.05%
Currency Options ₹20 Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Monthly Fee NA NA
Commodity ₹20 0.03% (Each Leg)

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RKSV Securities Ltd Axis Securities
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Transaction Charges (Per Crore)

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

RKSV Securities Ltd Axis Securities
Standard Plan Fixed Plan
Equity Delivery NSE ₹325 | BSE ₹275 NSE ₹325 | BSE ₹300
Equity Intraday NSE ₹325 | BSE ₹275 NSE ₹325 | BSE ₹300
Equity Future * NSE ₹210 NSE ₹190 | BSE ₹300
Equity Options * NSE ₹5500 NSE ₹5000 | BSE ₹300
Currency Futures * ₹150 ₹190
Currency Options ₹6000 ₹5000

Other Charges

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

RKSV Securities Ltd Axis Securities
Standard Plan Fixed Plan
Minimum Brokerage ₹20 ₹20 per executed order
Call & Trade ₹20 per 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 debit instruction + depository charges at actual 0.04% (minimum Rs 25 per instruction)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

RKSV Securities Ltd Axis Securities
Standard Plan Fixed Plan
Trading Platform Upstox Mobile, Upstox Web, NEST Trading Terminal DirectTrade, Swift Trade
Placing orders through charts Yes No
Trading Alerts Yes Yes
Research and Advice / Trading Tips No Yes
Detailed Education Initiatives No Yes
Unique features & Offers Option strategy builder Can trade in 32 exchanges through Saxo Trader
Referral Program Rs.300 when the referal opens an account and 10% brokerage sharing Rs.500 per referal

Demat Account Charges

Find charges for the best Demat Account for small investors

RKSV Securities Ltd Axis Securities
Standard Plan Fixed Plan
Depository Service Provider CDSL CDSL
Account Opening Fee

Nil

Nil

Advance Deposit

Nil

Nil

AMC

₹150

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

₹2 per certificate plus courier charges of ₹35 per demat 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

₹25 per certificate or 0.05% of the value whichever is higher.

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)

₹13 plus ₹5.50 (CDSL charges) per scrip.

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

0.02% of the transaction charges subject to a minimum of ₹50 plus NSDL / CDSL charges at actual.

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

0.02% of the transaction charges subject to a minimum of ₹50 plus NSDL / CDSL charges at actual.

Nil

Pledge Invocation Charges

0.05% of the transaction charges subject to a minimum of ₹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.

Failed Instruction Charges

₹50 per transaction

₹10 per Instruction

Other Charges

Demat Rejection Charges: ₹35 per rejection for every 500 gms.

Adhoc / Non periodic statement requests: ₹25 (₹500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at ₹10 plus courier / postage charges.

Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

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

RKSV Securities Ltd Axis Securities
Standard Plan Fixed Plan
Year of Incorporation 2012 2005
Active Exchange Memberships NSE, BSE, MCX NSE, BSE, MCX
Demat Services NSDL & CDSL NSDL
Website http://www.upstox.com https://simplehai.axisdirect.in
Contact Details 022-61309999 18002100808
Total Number of Clients 34,000+ 389,500+
Total Number of Branches 4 3000+

Charts and Data

Charts and Data

RKSV Securities Ltd Axis Securities
Standard Plan Fixed Plan
Live data source NSE, BSE, MCX NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes -
No.of indicators 110 40
No.of charts can be opened 6 -
Live Scanners Yes -
Customizable screeners No No
Trading from charts Yes No
Compare Symbol performance on Chart No No
Options charts Yes No
Continuous futures charts Yes No
Intraday historical data for charts 22 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

RKSV Securities Ltd Axis Securities
Standard Plan Fixed Plan
Equity Delivery 2.5x Nil
Equity Intraday upto 20x Upto 10x
Equity Futures 4x Nil
Equity Options 4x for shorting Nil
Currency Futures upto 4x NA
Currency Options NA NA
Commodity Futures Upto 2.5x 3x
Commodity Options Nil NA

Orders

Orders

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

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

RKSV Securities Ltd Axis Securities
Standard Plan Fixed Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.3,000 for registration + Actuals Rs.1,00,000 to Rs.3,00,000

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RKSV Securities Ltd Axis Securities
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