TradeBulls Vs AxisDirect
| |TradeBulls Vs AxisDirect comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
TradeBulls Vs AxisDirect Comparison
Here is a point by point comparison of TradeBulls Vs AxisDirect.
TradeBulls is a full service stock broker based out of Mumbai. Being a Full Service Stock broker, Tradebulls charges a reasonable brokerage rate and offers its in-house developed trading platforms to clients.
Axis Direct is the stockbroking arm of Axis Bank and has a coverage in 70+ cities of the country. The broker has developed its own trading platforms and allows its clients to trade across multiple financial segments through them.
It also provides 3 in 1 demat accounts as a huge convenience.
Full service brokers such as AxisDirect or TradeBulls will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between TradeBulls Vs AxisDirect to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
TradeBulls Vs AxisDirect Compare
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover.
Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Tradebulls Review | Axis Direct Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 2009 | 2006 |
Number of branches across India | 18 | 73 |
Exchanges | NSE, BSE, MCX-SX, NCDEX and MCX | NSE, BSE, MSEI and MCX-SX |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹0 | ₹999 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹350 | ₹650 |
Transaction Charges | Tradebulls Transaction Charges | Axis Direct Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.2% | 0.5% |
Intraday Delivery | 0.02% | 0.05% |
Equity Futures | 0.02% | 0.05% |
Equity Options | 0.02% | ₹100 per lot |
Currency Futures | 0.01% | 0.05% |
Currency Options | 0.01% | ₹100 per lot |
Commodity | 0.01% | NA |
Brokerage Calculator | TradeBulls Brokerage Calculator | Axis Direct Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times Intraday & 3 to 5 times for Delivery | Upto 10 times for Intraday, 0 for Delivery |
Equity Futures | 2 times | No Leverage |
Equity Options | 3 times | No Leverage |
Currency Futures | 2 times | No Leverage |
Currency Options | 3 times | No Leverage |
Commodities | 3 times | NA |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | Tradebulls Client, Diet, Touch Mobile App | Swift Trade, Web Portal, AxisDirect Mobile app |
Total BSE+NSE Complaints | 17 | 39 |
OVERALL RATING | ||
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover.
For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
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