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AxisDirect Vs Kotak Securities Vs Upstox: Which one is better?

The brokerage of AxisDirect ranges between 0.05% to 0.5%, the brokerage of Kotak Securities ranges between Rs. 20 per order, while the brokerage of Upstox ranges between Rs 20. The broker AxisDirect and Kotak Securities are full service brokers where Upstox is a discount broker. Overall rating for AxisDirect is 3.5, Kotak Securities is rated 4, Upstox is rated 4.5 out of 5.

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

Compare AxisDirect vs Kotak Securities vs Upstox on Service

  AxisDirect Compare
AxisDirect
Kotak Securities Compare
Kotak Securities
Upstox Compare
Upstox
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Discount Broker
Exchanges Supported NSE, BSE BSE, NSE, MCX, NCDEX NSE, BSE, MCX
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... Know more about AxisDirect Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert...Know more about Kotak Securities Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.
Broker Enquiry Request call back from Kotak Securities Request call back from Upstox Request call back from Zerodha
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Account Opening Charges and AMC

Compare AxisDirect vs Kotak Securities vs Upstox on Trading & Demat Account Opening Charges

In this section we have compared AxisDirect vs Kotak Securities vs Upstox on trading & demat account opening charges and AMC. Trading account opening charges - AxisDirect charges Rs 999 for account opening, Kotak Securities charges Free for account opeing, and Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - AxisDirect charges Rs 750 PA (Free for 1st year) as AMC for Demat account, Kotak Securities charges Rs 600 PA AMC for Demat account, where Upstox charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare AxisDirect vs Kotak Securities vs Upstox
Charges AxisDirect Kotak Securities Upstox
Trading Account Opening Fees Rs 999 Free Promotion offer: Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 750 PA (Free for 1st year) Rs 600 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare AxisDirect vs Kotak Securities vs Upstox on Plan Options

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

Compare AxisDirect vs Kotak Securities vs Upstox on Plan Options
Plan Types AxisDirect Kotak Securities Upstox
Multiple Plans Yes Yes No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Kotak Securities Upstox Zerodha
Account Opening Request
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Brokerage Charges

Compare AxisDirect vs Kotak Securities vs Upstoxon Brokerage Charges

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

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

Brokerage Charges - Compare AxisDirect vs Kotak Securities vs Upstox
Brokerage Charges Compare AxisDirect Kotak Securities Upstox
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Kotak Securities Trade Free Plan Max Rs 20 Per Order Trading Plan
Equity Delivery 0.50% (Each leg) 0.25% 2.5% or Rs 20 whichever is lower
Equity Intraday 0.05% (Each leg) Free 0.05% or Rs 20 whichever is lower
Equity Futures 0.05% (Each leg) Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.05% or Rs 20 whichever is lower
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Free Flat Fee Rs 20
Currency Futures 0.05% (Each Leg) Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.05% or Rs 20 whichever is lower
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 20
Commodity Trading Futures: 0.03% (Each leg)| Options: Rs. 50 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 20
Minimum Brokerage Rs 21 per executed order
Hidden Charges No No
Call & Trade Charges Free 20 calls per month, and after Rs. 20 per order 20 calls free and after that Rs 20 per call Rs 50 + 18% GST
Auto Square off Charges 20 calls Free and after that Rs 20 per call 20 calls free and after that Rs 20 per call Rs 50 + 18% GST
Brokerage Calculator Brokerage Calculator for AxisDirect Brokerage Calculator for Kotak Securities Brokerage Calculator for Upstox
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Share Broker's Transaction Charges

Compare AxisDirect vs Kotak Securities vs Upstox on Transaction Charges

Compare AxisDirect vs Kotak Securities vs Upstox on transaction charges and PCM fee by segment.

Transaction Charges - Compare AxisDirect vs Kotak Securities vs Upstox
Transaction Charges Compare AxisDirect Kotak Securities Upstox
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 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for axisdirect Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for upstox
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Account Features

Compare AxisDirect vs Kotak Securities vs Upstox on Account Features

Compare AxisDirect vs Kotak Securities vs Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 3-in-1 Account which includes bank, trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - AxisDirect and Kotak Securities offers NRI Trading where Upstox doesn't offers NRI Trading.

Account Features - AxisDirect vs Kotak Securities vs Upstox
Account Features Compare AxisDirect Kotak Securities Upstox
3 in 1 Account Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, Upstox have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes Yes
Algo Trading No No Yes
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes No Yes
Intraday Square-off Time 2:45 PM 3:15PM 3:15PM
NRI Trading Yes Yes No
Other Features NIL NIL
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Trading Platform

Compare AxisDirect vs Kotak Securities vs Upstoxon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w AxisDirect vs Kotak Securities vs Upstox. 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 Kotak Securities vs Upstox
Trading Platform Compare AxisDirect Kotak Securities Upstox
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://login.axisdirect.in/

https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

https://pro.upstox.com/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App AxisDirect Ring Mobile App Kotak Neo Upstox
Mobile Trading App Demo AxisDirect Ring Mobile App Demo Kotak Neo Demo Upstox Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod AxisDirect Ring Mobile App Download Andriod Kotak Neo Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS AxisDirect Ring Mobile App Download iOS Kotak Neo Download iOS Upstox Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
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 Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Upstox
Futures Brokerage Calculator Futures Brokerage Calculator for AxisDirect Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Upstox
Options Brokerage Calculator Options Brokerage Calculator for AxisDirect Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Upstox
Detail Detail on Trading Platforms for axisdirect Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for upstox

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Broker Ratings by Users

Compare AxisDirect vs Kotak Securities vs Upstox on User Rating

  AxisDirect Kotak Securities Upstox
  20 Customer Reviews    Rate AxisDirect 82 Customer Reviews    Rate Kotak Securities 12 Customer Reviews    Rate Upstox
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 Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Upstox is Rated 3.7 / 5 based on 12 customer reviews
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Investment Offerings

Compare AxisDirect vs Kotak Securities vs Upstox on Investment Offerings

Compare AxisDirect vs Kotak Securities vs Upstox 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) - Kotak Securities offers PMS facility where AxisDirect and Upstox doesn't offers PMS facility.

Investment Offerings - Compare AxisDirect vs Kotak Securities vs Upstox
Investment Offerings Compare AxisDirect Kotak Securities Upstox
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking Yes Yes No
Insurance Yes Yes No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service No Yes No
Other Investment Options NIL NIL NIL
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Customer Service Offered

Compare AxisDirect vs Kotak Securities vs Upstox on Customer Service

Compare AxisDirect vs Kotak Securities vs Upstox 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 Kotak Securities vs Upstox
Customer Service Compare AxisDirect Kotak Securities Upstox
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes Yes No
Through Branches Yes Yes Yes
Customer Care Number 022-61480808 1800 209 9191 +91 22 6130 9999
Account Opening Process Online Online Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://simplehai.axisdirect.in/learn/overview https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://upstox.com/help-center/
Head Office Address Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website https://simplehai.axisdirect.in https://www.kotaksecurities.com https://upstox.com/
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Tips/Research/Reports Published

Compare AxisDirect vs Kotak Securities vs Upstox on Research Reports, Tips

Compare AxisDirect vs Kotak Securities vs Upstox on research reports and tips provided by broker.

Research Reports - Compare AxisDirect vs Kotak Securities vs Upstox
  AxisDirect Kotak Securities Upstox
Research Mutual Funds Yes Yes No
Research Equity Reports Yes Yes No
Research ETF Yes Yes No
Daily Market Report Yes Yes No
Free Tips Yes Yes No
Quarterly Result Analysis Yes Yes No
News Alerts Yes Yes No
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Demat Account

Compare AxisDirect vs Kotak Securities vs Upstox on Demat Account

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

Demat Charges - Compare AxisDirect vs Kotak Securities vs Upstox
  AxisDirect Kotak Securities Upstox
DP Source CDSL CDSL CDSL
DP ID 49200 25100 81800
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹780 pa ₹300 PA
Advance Deposit Nil NA NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹10 0.04% (Min ₹27) + CDSL charges ₹13 + ₹5.50 CDSL charges
Demat ₹3 per certificate ₹3 per certificate + ₹50 courier charges ₹20 + ₹50 courier charges
Remat ₹10 for every hundred securities (Min ₹10) ₹10 for every hundred securities (Min ₹15) ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation ₹25 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation ₹25 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure ₹25 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation ₹25 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation Nil 0.05% of transaction value (Min ₹30) 0.05% of the transaction value (Min ₹50)
Failed Instruction Charges Nil Nil ₹50
Other Charges
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Special Offers,Advantages,Disadvantages

Compare AxisDirect vs Kotak Securities vs Upstox on Special Offers and Promotion

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

Compare AxisDirect vs Kotak Securities vs Upstox on Special Offers and Promotion
  AxisDirect Kotak Securities Upstox
Likes
  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st 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...

  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

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...

  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

Detail Review...

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

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. Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
Enquire for AxisDirect Enquire for Kotak Securities Enquire for Upstox

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