AxisDirect Vs Nuvama Wealth Vs IIFL Securities: Which one is better?

The brokerage of AxisDirect ranges between 0.05% to 0.5%, the brokerage of Nuvama Wealth ranges between Rs 10, while the brokerage of IIFL Securities ranges between Rs 20. The broker AxisDirect and IIFL Securities are full service brokers where Nuvama Wealth is a discount broker. Overall rating for AxisDirect is 3.5, Nuvama Wealth is rated 3.5, IIFL Securities is rated 4 out of 5.

Here we present side-by-side comparison of AxisDirect vs Nuvama Wealth vs IIFL Securities stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared AxisDirect vs Nuvama Wealth vs IIFL Securities on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better AxisDirect vs Nuvama Wealth vs IIFL Securities in this setion with 360 degree view of broker information.

Compare 2 Brokers

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on Service

	AxisDirect	Nuvama Wealth	IIFL Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Discount Broker	Full Service Broker
Exchanges Supported	NSE, BSE	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Broker Overview	Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis...	One of the leading full-service brokerage firms with a long-standing track record since 2008 offering Free Nuvama Wealth Demat & Trading account + Trade at Rs. 10 flat brokerage charges + free experts research & advisory + Get access to the i...	IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,...
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Account Opening Charges and AMC

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on Trading & Demat Account Opening Charges

In this section we have compared AxisDirect vs Nuvama Wealth vs IIFL Securities on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth and IIFL Securities offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - AxisDirect charges Rs 750 PA (Free for 1st year) as AMC for Demat account, Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account, where IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare AxisDirect vs Nuvama Wealth vs IIFL Securities
Charges	AxisDirect	Nuvama Wealth	IIFL Securities
Trading Account Opening Fees	Rs 999	Free	Free
Trading AMC	Free	Free	Free
Demat Account Opening Fees	Free	Free	Free
Demat AMC	Rs 750 PA (Free for 1st year)	Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]	Rs 250 PA (Free for 1st year)
Provide DP Service

About Brokerage Plans

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on Plan Options

Plans are the most important feature you look when compare AxisDirect vs Nuvama Wealth vs IIFL Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - AxisDirect and Nuvama Wealth offers Multiple Plans where IIFL Securities doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on Plan Options
Plan Types	AxisDirect	Nuvama Wealth	IIFL Securities
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	IIFL Securities	Nuvama Wealth	Zerodha
Account Opening Request	Open IIFL Securities Account Now>>	Open Nuvama Wealth Account Now>>	Open Zerodha Account Now>>

Brokerage Charges

Compare AxisDirect vs Nuvama Wealth vs IIFL Securitieson Brokerage Charges

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Nuvama Wealth Brokerage Plan detail - This plan is available to Online users only. With this plan, Nuvama Wealth is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

Brokerage Charges - Compare AxisDirect vs Nuvama Wealth vs IIFL Securities
Brokerage Charges Compare	AxisDirect	Nuvama Wealth	IIFL Securities
Plan Name	Fixed Brokerage Trading Plan (Percentage Based)	Nuvama Lite	IIFL iSERVE Brokerage Plan
Equity Delivery	0.50% (Each leg)	Flat Rs. 10 per executed order	Flat Rs 20 per order
Equity Intraday	0.05% (Each leg)	Flat Rs. 10 per executed order	Flat Rs 20 per order
Equity Futures	0.05% (Each leg)	Flat Rs. 10 per executed order	Flat Rs 20 per order
Equity Options	Intraday: Rs 0.01 per lot \| Carry Forward: Rs 10 per lot	Flat Rs. 10 per executed order	Flat Rs 20 per order
Currency Futures	0.05% (Each Leg)	Flat Rs. 10 per executed order	Flat Rs 20 per order
Currency Options	Intraday: Rs 0.01 per lot \| Carry Forward: Rs 10 p	Flat Rs. 10 per executed order	Flat Rs 20 per order
Commodity Trading	Futures: 0.03% (Each leg)\| Options: Rs. 50 per lot	0.01%	Flat Rs 20 per order
Minimum Brokerage
Hidden Charges	No	Info Not Available
Call & Trade Charges	Free 20 calls per month, and after Rs. 20 per order	Rs 20 per call	Rs 50 Per Call + GST
Auto Square off Charges	20 calls Free and after that Rs 20 per call	Rs 20	Rs 50 Per Call + GST
Brokerage Calculator	Brokerage Calculator for AxisDirect	Brokerage Calculator for Nuvama Wealth	Brokerage Calculator for IIFL Securities

Share Broker's Transaction Charges

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on Transaction Charges

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare AxisDirect vs Nuvama Wealth vs IIFL Securities
Transaction Charges Compare	AxisDirect	Nuvama Wealth	IIFL Securities
Equity Delivery	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Intraday	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Futures	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE
Equity Options	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr
Currency Futures	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr
Currency Options	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr
Commodity		Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr
Brokerage Charges	Complete Brokerage Plans for axisdirect	Complete Brokerage Plans for nuvama-wealth	Complete Brokerage Plans for iifl-securities

Account Features

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on Account Features

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 Account where Nuvama Wealth and IIFL Securities offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - AxisDirect vs Nuvama Wealth vs IIFL Securities
Account Features Compare	AxisDirect	Nuvama Wealth	IIFL Securities
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	2:45 PM	3:15PM	3:15PM
NRI Trading
Other Features	NIL	NIL	NIL

Trading Platform

Compare AxisDirect vs Nuvama Wealth vs IIFL Securitieson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w AxisDirect vs Nuvama Wealth vs IIFL Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare AxisDirect vs Nuvama Wealth vs IIFL Securities
Trading Platform Compare	AxisDirect	Nuvama Wealth	IIFL Securities
Web Trading Platform
Web Trading Detail	https://login.axisdirect.in/	https://tlounge.edelweiss.in/Login	https://ttweb.indiainfoline.com
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Trading
Mobile Trading App	AxisDirect Ring Mobile App	Nuvama Mobile Trader	IIFL Markets
Mobile Trading App Demo	AxisDirect Ring Mobile App Demo	Nuvama Mobile Trader Demo	IIFL Markets Demo
Android Mobile App
Android App Download	Andriod AxisDirect Ring Mobile App Download	Andriod Nuvama Mobile Trader Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS AxisDirect Ring Mobile App Download	iOS Nuvama Mobile Trader Download	iOS IIFL Markets Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Yes, DirectTrade - Rs 2999 PA	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for AxisDirect	Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth	Equity Intraday and Delivery Brokerage Calculator for IIFL Securities
Futures Brokerage Calculator	Futures Brokerage Calculator for AxisDirect	Futures Brokerage Calculator for Nuvama Wealth	Futures Brokerage Calculator for IIFL Securities
Options Brokerage Calculator	Options Brokerage Calculator for AxisDirect	Options Brokerage Calculator for Nuvama Wealth	Options Brokerage Calculator for IIFL Securities
Detail	Detail on Trading Platforms for axisdirect	Detail on Trading Platforms for nuvama-wealth	Detail on Trading Platforms for iifl-securities

Broker Ratings by Users

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on User Rating

	AxisDirect	Nuvama Wealth	IIFL Securities
	20 Customer Reviews	20 Customer Reviews	82 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	AxisDirect is Rated 0.7 / 5 based on 20 customer reviews	Nuvama Wealth is Rated 0.4 / 5 based on 20 customer reviews	IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews

Investment Offerings

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on Investment Offerings

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth and IIFL Securities offers PMS facility where AxisDirect doesn't offers PMS facility.

Investment Offerings - Compare AxisDirect vs Nuvama Wealth vs IIFL Securities
Investment Offerings Compare	AxisDirect	Nuvama Wealth	IIFL Securities
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL	NIL

Customer Service Offered

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on Customer Service

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare AxisDirect vs Nuvama Wealth vs IIFL Securities
Customer Service Compare	AxisDirect	Nuvama Wealth	IIFL Securities
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022-61480808	1800 102 3335	022-40071000
Account Opening Process	Online	Online/Paperless	Online/Paperless
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://simplehai.axisdirect.in/learn/overview	https://www.nuvamawealth.com/investology	https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx
Head Office Address	Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070.	Edelweiss House, Off CST Road, Kalina, Mumbai - 400098	IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane-MH-400604
Website	https://simplehai.axisdirect.in	https://www.nuvamawealth.com/	https://www.indiainfoline.com/

Tips/Research/Reports Published

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on Research Reports, Tips

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on research reports and tips provided by broker.

Research Reports - Compare AxisDirect vs Nuvama Wealth vs IIFL Securities
	AxisDirect	Nuvama Wealth	IIFL Securities
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on Demat Account

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare AxisDirect vs Nuvama Wealth vs IIFL Securities
	AxisDirect	Nuvama Wealth	IIFL Securities
DP Source	CDSL	CDSL	CDSL
DP ID	49200	32300	44700
Demat Account Annual Maintenance Charges(AMC)	₹500 pa	Free (₹1500 one time charges)	₹400 pa
Advance Deposit	Nil	NIL	Nil
Statutory charges	Nil	Nil	Nil
Transaction Charges on Debit (Per ISIN)	₹10	0.02% of transaction value or ₹20 per transaction whichever is higher	0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)
Demat	₹3 per certificate	₹2 per certificate + ₹30 courier charges	₹15 per certificate + ₹40 courier charges
Remat	₹10 for every hundred securities (Min ₹10)	₹10 for every hundred securities after that ₹10 per request + ₹30 request charges	₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges
Pledge Creation	₹25	0.02% of transaction value (Min ₹50)	₹50
Pledge Creation Confirmation	₹25	Nil	Nil
Pledge Closure	₹25	0.02% of transaction value (Min ₹50)	Nil
Pledge Closure Confirmation	₹25	Nil	Nil
Pledge Invocation	Nil	0.02% of transaction value (Min ₹50)	Nil
Failed Instruction Charges	Nil	Nil	Nil
Other Charges

Special Offers,Advantages,Disadvantages

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on Special Offers and Promotion

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare AxisDirect vs Nuvama Wealth vs IIFL Securities on Special Offers and Promotion
	AxisDirect	Nuvama Wealth	IIFL Securities
Likes	Open paperless 3-in-1 account (Bank + Demat + Trading). One-stop shop to trade on BSE, NSE, and MCX. Zero Demat AMC for 1^st year for Axis Bank account holders. Multiple brokerage plans for traders and investors. Trade in options at flat Rs. 10/order. Unlimited Brokerage-free options trading for the first month. Ring revolutionary app and desktop-based platforms provide an investment opportunity. Free trading tools like scanners, options strategies, advanced charting, & indicators. Get free trading calls, investment ideas, and research reports. Hassle-free investment in bonds & debenture on the “Yield” platform. AI-powered investment ideas and wealth management advisory services. Buy Now and Pay Later with E-margin. Free 20 calls per month. Detail Review...	Multiple products; equity, derivatives, IPO, mutual funds, bonds, debt instruments. Trade at Rs 10/order flat brokerage Free Guided Portfolio, an expert-curated basket for investors User-friendly interface of Markets mobile app and TX3 terminal Get free expert research reports and trading tips. Place bracket order, cover order, and GTD order. Investology, is a stock market learning platform for beginners to experts. Margin trading facility. Decent physical presence with branches Detail Review...	Hassle-free onboarding process at zero paperwork. Zero Demat AMC for 1 year. Lowest brokerage online trading at just Rs. 20/order Free state-of-the-art mobile app, web, and desktop trading software. Paperless mutual fund investment at zero brokerage. Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc. Comprehensive equity and mutual funds research. Pre-IPO apply Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order. Margin trading facility. Blogs and knowledge center for beginners. Detail Review...
Dislikes	High account opening fees. It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc. It does not have a flat discount brokerage plan. Detail Review...	NRI trading is not offered. No 3-in-1 account opening services Call & trade and research services are available at additional cost in Lite plan. Brokerage charges are high in the Elite % based pricing plan. Detail Review...	IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility. If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading. Detail Review...
Special Offers/Promo	Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
	Enquire for AxisDirect	Enquire for Nuvama Wealth	Enquire for IIFL Securities

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Transaction Charges Compare	AxisDirect	Nuvama Wealth	IIFL Securities
Equity Delivery	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Intraday	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Futures	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE
Equity Options	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr
Currency Futures	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr
Currency Options	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr
Commodity		Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr
Brokerage Charges	Complete Brokerage Plans for axisdirect	Complete Brokerage Plans for nuvama-wealth	Complete Brokerage Plans for iifl-securities