Axis Direct App

Axis Direct App is one of those apps that show a wide variety in what they have to offer in terms of the number of features, analysis depth, and whatnot, but falters a bit when it comes to smaller issues!

This implies that this mobile trading app has a lot to offer, but it seems there are some bugs/issues in the app that make the overall trading experience a bit mediocre.

Either the product team is in hurray of the launch or the broker has an average testing team.

If you have a Free Demat Account in Axis Bank, then you can use their app for trading and investing.

Nonetheless, there are some areas where the Axis Direct App certainly needs to work to become one of the best mobile trading apps for its clients.

Let’s understand the mobile app closely.

Axis Direct App Demo

Axis Direct, as we know, is one of the prominent bank-based stockbrokers in India. However, the trading platform is one aspect where this full-service stockbroker needs some improvement in terms of maturity, performance and user experience.

Nonetheless, in this detailed review, we will talk about the different aspects of the Axis Direct App with an emphasis on its features, configurations, merits, and demerits.

One of the unique features of the mobile app is that it can run based on voice-based commands. More details on this in the features section below.

Having an Axis Demat Account gives you access to use the Axis mobile app for easy trading.

This mobile app from AxisDirect is available for Android and iOS users for free. You are just required to browse the corresponding app store from your mobile, download and install the mobile app.

Once you do that, you can browse some of the default guest login based features, while if you are a client of the broker, you can access all the features provides in this app.

Hopefully, with this analysis, you will have a clear idea of whether you should be going ahead with this mobile app for your day to day trading.

---

Axis Direct App Guide

Here are some of the features of this Axis Direct App:

• Once you login to the application, you are provided with the following features including access to domestic and international markets, segments such as Equity, commodity, currency along with the market watch, charting etc.

• The below screenshot displays the information of different indices at that specific point in time. There have been few concerns raised about the delay of these feeds. You are advised to perform your own check before trusting the information and investing.

• Users looking to monitor international stocks can do so using the Axis Direct App. You can’t customize these feed entities though.

• On similar lines, you can access and view data across commodity and currency segments with the corresponding movements in this Axis Direct App.

• For intraday traders, there is a quick way to check out the top 5 gainers and losers of the day (or till that point of time in the day) with information on their last traded price and the corresponding percentage growth or drop in the stock value.

• At the same time, you can view some of the basic details of the stock with information on stock open, high, low, last traded price etc for an initial understanding of the company performance in the recent past.

• You can also use the charting functionality to perform fundamental and/or technical analysis. However, the charting flows provided are pretty basic in nature with limited improvisations.

• If you want to have a look at your portfolio and asset distribution, you can access the ‘My Portfolio’ section of the Axis Direct App.

• The app also provides you with some basic features such as Market Watchlists, using which you can add specific stocks and financial entities you want to monitor.

• Then there are features that help you to see Fund Limits, Bank Balance and Security Limits. All these information pieces can be seen individually with the help of a single tap on the menu and the corresponding screens will be displayed.

• Then comes, THE most important aspect of a mobile trading app – Order placement feature. You can do so by pressing the mic button and speaking out the exact stock/scrip along with the price and quantity. For instance, if you want to buy 100 stocks of SBI at ₹1200, then you need to speak out “Buy SBI 100 Quantity at ₹1200″.

• You are allowed to choose the preferred order type from various options such as Market Order, Limit Order, Stop Loss Order etc. Axis Direct App will ask you to confirm the order and order type before it executes.

• This is how your “Order Book” looks like, displaying all the information about your buys and sells through Axis Direct with the corresponding status of the order.

 

• You can also view your fund limits within this mobile app including total limit available, utilization, available limit and so on in the Axis Direct App.

• Finally, you can check out your account balance with Axis direct post your trades and orders.

To use this Axis Direct App, you need the following configuration for a smooth trading experience:

Size – 5.8 MB

Operating System – Android 4.0 or up, iOS 6.0 or up,

Further, this is how the mobile app is rated at Google Play Store:

---

Axis Direct App Update

As mentioned above, the update frequency of this mobile app is in the range of 3-3.5 months.

As per the last update, some of the features that the app has included/updated are:

• If you do not have an account in Axis bank, you can not transfer funds by linking it with the Axis Direct app.
• Fund transfer process made instant
• SSL certificate added in order to improve the app security.
• Bug fixes completed

---

Axis Direct App Free Download

Most of the mobile trading apps in India are free to download, including the Axis Direct app.

If you wish to download it, here are the respective links:

• Google Play Store
• Apple Store

Once you download, you just need to enter your valid credentials to log in to the app and trade.

---

Axis Direct App Not Working

There have been instances when the app users have reported that the Axis Direct app stopped working. Some of the most common reasons for such behaviour have been:

• At times, the logout button and even the back button stops working, creating a low-quality user experience for the traders.
• The app experience is more like accessing a mobile website and not like a professional mobile trading app (which it should be).
• Be careful whenever you update the Axis Direct app, as a lot of users have complained that the app stops working or starts behaving weirdly post update is done.
• A lot of users mention that the app goes through connectivity issues multiple times and there are instances when a user is placing an order or exiting a position and suddenly the app connection gets lost.
• Login issues reported post the app is updated to a newer version by the user.

There could be a few more related issues but when such issues do arise, it may lead to the point that the app stops working.

---

Axis Direct App For Laptop/PC

If you wish to use your laptop or personal computer for trading, then you’d need to use a corresponding software.

This stockbroker provides an application called Axis Direct Online Trading which allows you to place your trades through a computer system and not a mobile phone.

For more information, you can check this detailed review on Axis Direct Online Trading.

---

Axis Direct App For Windows Phone

Till the time of writing this review, Axis Direct had not released any version of the Axis Direct App for the windows phone.

As of now, only the Android and iOS versions of this mobile app are available on the respective app stores (links given above). For Windows, only the PC-based software is availed to the clients.

We will update this review, once the Windows version for the phone is availed by this broker.

---

Axis Direct App Advantages

Moving ahead, let’s talk about some of the positives of Axis Direct App:

• You can trade and invest across segments including Equity, Currency, Mutual funds, Derivatives using the mobile app.
• Multiple market watch lists allowed to be added.
• Guest login with minimal basic features allowed to be used without opening an account with Axis Direct.
• Order placement after market hours is allowed.
• Since Axis Direct is a full-service stockbroker, you are provided with tips, research reports and recommendations within this mobile app for technical and fundamental analysis.

---

Axis Direct App Disadvantages

Here are some of the cons if you go ahead and use this mobile trading app from AxisDirect:

• The data feed can be slightly delayed at times.
• You cannot invest in IPOs or commodity segments using this Axis Direct App.
• Few login related concerns observed on a timely basis
• The Axis Direct App is not supported on Windows and Blackberry platforms.
• Limited charting functionality with low usability for analysis.

---

Conclusion

Before we wrap up this review on Axis Direct App, this needs to be understood that the app has no issues or complaints as far as the number of features it has to offer.

It is pretty exhaustive from that perspective. Thus, users looking for a mobile trading app that has a wide range of features can easily look forward to this mobile app.

However, you may need to compromise a bit on some of the issues that can make your trading experience a bit compromised.

These issues can be around login, loading of any specific screen, automatic price refresh not happening etc but are not that frequent either.

Are you looking to Open Demat and Trading Account?

Just provide your details in the form below and we will set up a callback for you:

 

---

More on Axis Direct:

If you are looking to know more about Axis Direct, here are a few reference links for you: