AxisDirect Vs IIFL Securities Vs Reliance Securities: Which one is better?

The brokerage of AxisDirect ranges between 0.05% to 0.5%, the brokerage of IIFL Securities ranges between Rs 20, while the brokerage of Reliance Securities ranges between 0.05 - 0.50%. All 3 brokers are full service brokers. Overall rating for AxisDirect is 3.5, IIFL Securities is rated 4, Reliance Securities is rated 3.5 out of 5.

Here we present side-by-side comparison of AxisDirect vs IIFL Securities vs Reliance 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 IIFL Securities vs Reliance 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 IIFL Securities vs Reliance Securities in this setion with 360 degree view of broker information.

Compare 2 Brokers

Compare AxisDirect vs IIFL Securities vs Reliance Securities on Service

	AxisDirect	IIFL Securities	Reliance Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Full Service Broker	Full Service Broker
Exchanges Supported	NSE, BSE	BSE, NSE, MCX, NCDEX	NSE, BSE
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...	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,...	Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ...
Broker Enquiry

Account Opening Charges and AMC

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

In this section we have compared AxisDirect vs IIFL Securities vs Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - AxisDirect charges Rs 999 for account opening, IIFL Securities charges Free for account opeing, and Reliance Securities charges Rs 950 for account opeing. Demat AMC charges - AxisDirect charges Rs 750 PA (Free for 1st year) as AMC for Demat account, IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account, where Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare AxisDirect vs IIFL Securities vs Reliance Securities
Charges	AxisDirect	IIFL Securities	Reliance Securities
Trading Account Opening Fees	Rs 999	Free	Rs 950
Trading AMC	Free	Free	Free
Demat Account Opening Fees	Free	Free	Free
Demat AMC	Rs 750 PA (Free for 1st year)	Rs 250 PA (Free for 1st year)	Rs 400 PA\| Rs. 2,500 (Lifetime Free AMC)
Provide DP Service

About Brokerage Plans

Compare AxisDirect vs IIFL Securities vs Reliance Securities on Plan Options

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

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

Account Opening Request

Account Opening

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

Brokerage Charges

Compare AxisDirect vs IIFL Securities vs Reliance 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.

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

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

Brokerage Charges - Compare AxisDirect vs IIFL Securities vs Reliance Securities
Brokerage Charges Compare	AxisDirect	IIFL Securities	Reliance Securities
Plan Name	Fixed Brokerage Trading Plan (Percentage Based)	IIFL iSERVE Brokerage Plan	R-FIXED Online Brokerage Plan (Percentage Based)
Equity Delivery	0.50% (Each leg)	Flat Rs 20 per order	0.50%
Equity Intraday	0.05% (Each leg)	Flat Rs 20 per order	0.05%
Equity Futures	0.05% (Each leg)	Flat Rs 20 per order	0.05%
Equity Options	Intraday: Rs 0.01 per lot \| Carry Forward: Rs 10 per lot	Flat Rs 20 per order	Rs 100 Per Lot
Currency Futures	0.05% (Each Leg)	Flat Rs 20 per order	0.05%
Currency Options	Intraday: Rs 0.01 per lot \| Carry Forward: Rs 10 p	Flat Rs 20 per order	Rs 100 Per Lot
Commodity Trading	Futures: 0.03% (Each leg)\| Options: Rs. 50 per lot	Flat Rs 20 per order	Future: 0.05%\| Options: Rs 100 per lot
Minimum Brokerage			5 paise per share
Hidden Charges	No	Info Not Available
Call & Trade Charges	Free 20 calls per month, and after Rs. 20 per order	Rs 50 Per Call + GST	Rs 20 per call (Free First 20 call per month)
Auto Square off Charges	20 calls Free and after that Rs 20 per call	Rs 50 Per Call + GST	Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator	Brokerage Calculator for AxisDirect	Brokerage Calculator for IIFL Securities	Brokerage Calculator for Reliance Securities

Share Broker's Transaction Charges

Compare AxisDirect vs IIFL Securities vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare AxisDirect vs IIFL Securities vs Reliance Securities
Transaction Charges Compare	AxisDirect	IIFL Securities	Reliance 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 iifl-securities	Complete Brokerage Plans for reliance-securities

Account Features

Compare AxisDirect vs IIFL Securities vs Reliance Securities on Account Features

Compare AxisDirect vs IIFL Securities vs Reliance 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 IIFL Securities and Reliance 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 IIFL Securities vs Reliance Securities
Account Features Compare	AxisDirect	IIFL Securities	Reliance 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	Mobile Application: Rmobile Xpress

Trading Platform

Compare AxisDirect vs IIFL Securities vs Reliance Securitieson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w AxisDirect vs IIFL Securities vs Reliance 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 IIFL Securities vs Reliance Securities
Trading Platform Compare	AxisDirect	IIFL Securities	Reliance Securities
Web Trading Platform
Web Trading Detail	https://login.axisdirect.in/	https://ttweb.indiainfoline.com	http://tick.rsec.co.in/
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Trading
Mobile Trading App	AxisDirect Ring Mobile App	IIFL Markets	TICK PRO
Mobile Trading App Demo	AxisDirect Ring Mobile App Demo	IIFL Markets Demo	TICK PRO Demo
Android Mobile App
Android App Download	Andriod AxisDirect Ring Mobile App Download	Andriod IIFL Markets Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS AxisDirect Ring Mobile App Download	iOS IIFL Markets Download	iOS TICK PRO 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 IIFL Securities	Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator	Futures Brokerage Calculator for AxisDirect	Futures Brokerage Calculator for IIFL Securities	Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator	Options Brokerage Calculator for AxisDirect	Options Brokerage Calculator for IIFL Securities	Options Brokerage Calculator for Reliance Securities
Detail	Detail on Trading Platforms for axisdirect	Detail on Trading Platforms for iifl-securities	Detail on Trading Platforms for reliance-securities

Broker Ratings by Users

Compare AxisDirect vs IIFL Securities vs Reliance Securities on User Rating

	AxisDirect	IIFL Securities	Reliance Securities
	20 Customer Reviews	82 Customer Reviews	52 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	IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews	Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews

Investment Offerings

Compare AxisDirect vs IIFL Securities vs Reliance Securities on Investment Offerings

Compare AxisDirect vs IIFL Securities vs Reliance 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) - IIFL Securities and Reliance Securities offers PMS facility where AxisDirect doesn't offers PMS facility.

Investment Offerings - Compare AxisDirect vs IIFL Securities vs Reliance Securities
Investment Offerings Compare	AxisDirect	IIFL Securities	Reliance 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 IIFL Securities vs Reliance Securities on Customer Service

Compare AxisDirect vs IIFL Securities vs Reliance 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 IIFL Securities vs Reliance Securities
Customer Service Compare	AxisDirect	IIFL Securities	Reliance Securities
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022-61480808	022-40071000	022 41596000 \| 022 62436000
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://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx	https://www.reliancesmartmoney.com/Insights
Head Office Address	Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070.	IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane-MH-400604	Reliance Securities Limited, 4th Floor, North Wing, Reliance Centre, Santacruz East, Mumbai-MH- 400055
Website	https://simplehai.axisdirect.in	https://www.indiainfoline.com/	https://www.reliancesmartmoney.com

Tips/Research/Reports Published

Compare AxisDirect vs IIFL Securities vs Reliance Securities on Research Reports, Tips

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

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

Demat Account

Compare AxisDirect vs IIFL Securities vs Reliance Securities on Demat Account

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

Demat Charges - Compare AxisDirect vs IIFL Securities vs Reliance Securities
	AxisDirect	IIFL Securities	Reliance Securities
DP Source	CDSL	CDSL	CDSL
DP ID	49200	44700	41400
Demat Account Annual Maintenance Charges(AMC)	₹500 pa	₹400 pa	₹300 pa
Advance Deposit	Nil	Nil	Nil
Statutory charges	Nil	Nil	Nil
Transaction Charges on Debit (Per ISIN)	₹10	0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)	0.04% (Min ₹27) + CDSL charges
Demat	₹3 per certificate	₹15 per certificate + ₹40 courier charges	₹5 per certificate + ₹30 request charges
Remat	₹10 for every hundred securities (Min ₹10)	₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges	₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation	₹25	₹50	0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation	₹25	Nil	0.05% of transaction value (Min ₹30)
Pledge Closure	₹25	Nil	0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation	₹25	Nil	0.05% of transaction value (Min ₹30)
Pledge Invocation	Nil	Nil	0.05% of transaction value (Min ₹30)
Failed Instruction Charges	Nil	Nil	Nil
Other Charges

Special Offers,Advantages,Disadvantages

Compare AxisDirect vs IIFL Securities vs Reliance Securities on Special Offers and Promotion

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

Compare AxisDirect vs IIFL Securities vs Reliance Securities on Special Offers and Promotion
	AxisDirect	IIFL Securities	Reliance 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...	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...	Multiple exchanges trading on BSE, NSE, and MCX. Buy insurance plans like car insurance, health insurance, general insurance, etc. Multiple brokerage plans. Free state of the art and user-friendly TICK web, app, and desktop platform. Zero Demat Account opening fees. Zero brokerage benefits for the first 30 days. No AMC for the first year. Research reports, model portfolios, and stocks and mutual funds research recommendations. R Model Portfolio and mutual fund basket recommendations. Invest in the portfolio management services. Robo assist technology platform for goal-based investing. NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO). Place Valid Till Cancelled order for maximum validity of 45 days. Free first 20 call & trade every month. An abundance of education resources i.e., classrooms, blogs, webinars & events 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...	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...	No flat brokerage plan is offered by Reliance Securities. High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox. The full-service broker does not have a toll-free number to *provide 247 customer support**. 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 IIFL Securities	Enquire for Reliance Securities

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Transaction Charges Compare	AxisDirect	IIFL Securities	Reliance 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 iifl-securities	Complete Brokerage Plans for reliance-securities