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

The brokerage of AxisDirect ranges between 0.05% to 0.5%, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Reliance Securities ranges between 0.05 - 0.50%. The broker AxisDirect and Reliance Securities are full service brokers where Finvasia is a discount broker. Overall rating for AxisDirect is 3.5, Finvasia is rated 4, Reliance Securities is rated 3.5 out of 5.

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

Compare AxisDirect vs Finvasia vs Reliance Securities on Service

  AxisDirect Compare
AxisDirect
Finvasia Compare
Finvasia
Reliance Securities Compare
Reliance 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 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... Know more about AxisDirect Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...Know more about Finvasia 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 & ... Know more about Reliance Securities
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

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

In this section we have compared AxisDirect vs Finvasia vs Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - AxisDirect charges Rs 999 for account opening, Finvasia 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, Finvasia charges Free 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 Finvasia vs Reliance Securities
Charges AxisDirect Finvasia 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) Free Rs 400 PA| Rs. 2,500 (Lifetime Free AMC)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare AxisDirect vs Finvasia vs Reliance Securities on Plan Options

Plans are the most important feature you look when compare AxisDirect vs Finvasia 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 Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

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

Account Opening

  Zerodha Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare AxisDirect vs Finvasia 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.

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

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 Finvasia vs Reliance Securities
Brokerage Charges Compare AxisDirect Finvasia Reliance Securities
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Zero Brokerage Trading Plan R-FIXED Online Brokerage Plan (Percentage Based)
Equity Delivery 0.50% (Each leg) Rs 0 0.50%
Equity Intraday 0.05% (Each leg) Rs 0 0.05%
Equity Futures 0.05% (Each leg) Rs 0 0.05%
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Rs 0 Rs 100 Per Lot
Currency Futures 0.05% (Each Leg) Rs 0 0.05%
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p Rs 0 Rs 100 Per Lot
Commodity Trading Futures: 0.03% (Each leg)| Options: Rs. 50 per lot Rs 0 Future: 0.05%| Options: Rs 100 per lot
Minimum Brokerage NA 5 paise per share
Hidden Charges No No
Call & Trade Charges Free 20 calls per month, and after Rs. 20 per order Free Rs 20 per call (Free First 20 call per month)
Auto Square off Charges 20 calls Free and after that Rs 20 per call Free Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for AxisDirect Brokerage Calculator for Finvasia Brokerage Calculator for Reliance Securities
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Share Broker's Transaction Charges

Compare AxisDirect vs Finvasia vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare AxisDirect vs Finvasia vs Reliance Securities
Transaction Charges Compare AxisDirect Finvasia 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 finvasia Complete Brokerage Plans for reliance-securities
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Account Features

Compare AxisDirect vs Finvasia vs Reliance Securities on Account Features

Compare AxisDirect vs Finvasia 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 Finvasia and Reliance Securities offers only 2-in-1 account which includes trading and demat account. Margin Funding - AxisDirect and Reliance Securities offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

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

Compare AxisDirect vs Finvasia vs Reliance Securitieson Trading Platform

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

https://login.axisdirect.in/

https://trade.finvasia.com/

http://tick.rsec.co.in/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App AxisDirect Ring Mobile App SCALPERT TICK PRO
Mobile Trading App Demo AxisDirect Ring Mobile App Demo SCALPERT Demo TICK PRO Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod AxisDirect Ring Mobile App Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS AxisDirect Ring Mobile App Download Info Not Available iOS TICK PRO Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for AxisDirect Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for AxisDirect Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for AxisDirect Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for axisdirect Detail on Trading Platforms for finvasia Detail on Trading Platforms for reliance-securities

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Broker Ratings by Users

Compare AxisDirect vs Finvasia vs Reliance Securities on User Rating

  AxisDirect Finvasia Reliance Securities
  20 Customer Reviews    Rate AxisDirect 17 Customer Reviews    Rate Finvasia 52 Customer Reviews    Rate Reliance Securities
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 Finvasia is Rated 4.2 / 5 based on 17 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare AxisDirect vs Finvasia vs Reliance Securities on Investment Offerings

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

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

Compare AxisDirect vs Finvasia vs Reliance Securities on Customer Service

Compare AxisDirect vs Finvasia 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 Finvasia vs Reliance Securities
Customer Service Compare AxisDirect Finvasia Reliance Securities
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 No Yes
Through Branches Yes No Yes
Customer Care Number 022-61480808 Support: +91 9779 097 777/Sales: +91 9098 001 001 022 41596000 | 022 62436000
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://simplehai.axisdirect.in/learn/overview https://finvasia.com/announcements 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.
Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website https://simplehai.axisdirect.in https://www.finvasia.com/ https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

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

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

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

Compare AxisDirect vs Finvasia vs Reliance Securities on Demat Account

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

Demat Charges - Compare AxisDirect vs Finvasia vs Reliance Securities
  AxisDirect Finvasia Reliance Securities
DP Source CDSL CDSL CDSL
DP ID 49200 84300 41400
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Free ₹300 pa
Advance Deposit Nil Rs 0 Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹10 ₹9 + ₹5.50 (CDSL Charges) for every transaction 0.04% (Min ₹27) + CDSL charges
Demat ₹3 per certificate ₹15 per certificate ₹5 per certificate + ₹30 request charges
Remat ₹10 for every hundred securities (Min ₹10) ₹15 for every hundred securities + CDSL Charges ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation ₹25 ₹25 per transaction 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation ₹25 NIL 0.05% of transaction value (Min ₹30)
Pledge Closure ₹25 ₹25 per transaction 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation ₹25 NIL 0.05% of transaction value (Min ₹30)
Pledge Invocation Nil ₹19 per transaction 0.05% of transaction value (Min ₹30)
Failed Instruction Charges Nil ₹49 Nil
Other Charges
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Special Offers,Advantages,Disadvantages

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

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

Compare AxisDirect vs Finvasia vs Reliance Securities on Special Offers and Promotion
  AxisDirect Finvasia 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 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...

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

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...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

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 24*7 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. Free Account Opening+Free Demat AMC+Free Trading.
Enquire for AxisDirect Enquire for Finvasia Enquire for Reliance Securities

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