Fyers Vs Alice Blue Vs AxisDirect: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “Fyers Vs Alice Blue Vs AxisDirect: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare fyers vs alice blue vs axisdirect on service, account opening charges and amc, compare fyers vs alice blue vs axisdirect on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare Fyers vs Alice Blue vs AxisDirect on Service
- Account Opening Charges and AMC
- Compare Fyers vs Alice Blue vs AxisDirect on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Fyers vs Alice Blue vs AxisDirect on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare Fyers vs Alice Blue vs AxisDirect on Transaction Charges
- Account Features
- Compare Fyers vs Alice Blue vs AxisDirect on Account Features
- Trading Platform
- Compare Fyers vs Alice Blue vs AxisDirect on Trading Platform
- Broker Ratings by Users
- Compare Fyers vs Alice Blue vs AxisDirect on User Rating
- Investment Offerings
- Compare Fyers vs Alice Blue vs AxisDirect on Investment Offerings
- Margin Trading Facility
- Compare Fyers vs Alice Blue vs AxisDirect on MTF
- API
- Compare Fyers vs Alice Blue vs AxisDirect on API Details
- Customer Service Offered
- Compare Fyers vs Alice Blue vs AxisDirect on Customer Service
- Tips/Research/Reports Published
- Compare Fyers vs Alice Blue vs AxisDirect on Research Reports, Tips
- Demat Account
- Compare Fyers vs Alice Blue vs AxisDirect on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Fyers vs Alice Blue vs AxisDirect on Special Offers and Promotion
- Ready to start trading?
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Trade on BSE, NSE, and MCX
- Rs 20 fixed brokerage on all segments
- Cheapest Rs 50/order brokerage on NRI trading
- Trade on NSE, BSE, and MCX
- Rs 20/order maximum brokerage fee
- Open paperless 3-in-1 account (Bank + Demat + Trading).
- One-stop shop to trade on BSE, NSE, and MCX.
- Trade in options at flat Rs. 10/order.
- No 3-in-1 account offering
- 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency
- 💹 Flat ₹20 Brokerage Charges per Order
- Last Updated on Fri, May 8, 2026
Data Tables
| Segment | Fyers | Alice Blue | AxisDirect |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Rs 999 |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Free | Free | Rs 750 PA (Free for 1st year) |
| Provide DP Service | Yes | Yes | Yes |
| Plan Types | Fyers | Alice Blue | AxisDirect |
|---|---|---|---|
| Multiple Plans | Yes | No | Yes |
| Monthly Plans | No | No | No |
| Yearly Plans | No | No | No |
| Fyers | Alice Blue | AxisDirect | |
|---|---|---|---|
| Account Opening Request | Link to open account |
| Transaction Charges Compare | Fyers | Alice Blue | AxisDirect |
|---|---|---|---|
| Equity Delivery | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Intraday | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Futures | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr |
| Equity Options | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr |
| Currency Options | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr |
| Commodity | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for fyers | Complete Brokerage Plans for alice-blue | Complete Brokerage Plans for axisdirect |
| Account Features Compare | Fyers | Alice Blue | AxisDirect |
|---|---|---|---|
| 3 in 1 Account | No | No | Yes |
| Charting | Yes | Yes | Yes |
| Algo Trading | Yes | Yes | No |
| SMS Alerts | No | No | Yes |
| Online Demo | Yes | No | Yes |
| Online Portfolio | No | Yes | Yes |
| Margin Trading Funding Available | No | No | Yes |
| Combined Ledger for Equity and Commodity | Yes | Yes | Yes |
| Intraday Square-off Time | 3:15 PM | 3:15 PM | 2:45 PM |
| NRI Trading | Yes | Yes | Yes |
| Other Features | Fyers 30 Day Challenge | NIL | NIL |
| Trading Platform Compare | Fyers | Alice Blue | AxisDirect |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | Fyers Web | ANT Web | https://login.axisdirect.in/ |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Trading | Yes | Yes | Yes |
| Mobile Trading App | Fyers Mobile App | ANT Mobi | AxisDirect Ring Mobile App |
| Mobile Trading App Demo | Fyers Mobile App | ANT Mobi | AxisDirect Ring Mobile App |
| Android Mobile App | Yes | Yes | Yes |
| Android App Download | Android Fyers Mobile App Download | Android ANT Mobi Download | Android AxisDirect Ring Mobile App Download |
| iPhone Mobile App (IOS) | Yes | Yes | Yes |
| iOS App Download | iOS Fyers Mobile App Download | iOS ANT Mobi Download | iOS AxisDirect Ring Mobile App Download |
| Android Tablet App | Yes | Yes | Yes |
| iPad App (IOS) | Yes | Yes | Yes |
| Trading Software Charges | Free | Free | Yes, DirectTrade – Rs 2999 PA |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Fyers | Equity Intraday and Delivery Brokerage Calculator for Alice Blue | Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Fyers | Futures Brokerage Calculator for Alice Blue | Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator | Option Brokerage Calculator for Fyers | Option Brokerage Calculator for Alice Blue | Option Brokerage Calculator for AxisDirect |
| Detail | Detail on Trading Platforms for Fyers | Detail on Trading Platforms for Alice Blue | Detail on Trading Platforms for AxisDirect |
| Fyers | Alice Blue | AxisDirect | |
|---|---|---|---|
| 11 Customer reviews Rate | 20 Customer reviews Rate | 20 Customer reviews Rate | |
| Fees Ratings | 3.5 | 1.1 | 0.8 |
| Trading Brokerage Rating | 3.6 | 1.4 | 0.6 |
| Trading Platform Usability | 3.5 | 0.9 | 0.9 |
| Customer Service Ratings | 3.5 | 1.1 | 0.8 |
| Overall Rating | 3.2 | 0.8 | 0.7 |
| Broker Rating | Fyers is Rated 3.2 / 5 based on 11 customer reviews | Alice Blue is Rated 0.8 / 5 based on 20 customer reviews | AxisDirect is Rated 0.70 / 5 based on 20 customer reviews |
| Investment Offerings Compare | Fyers | Alice Blue | AxisDirect |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | Yes | Yes | Yes |
| Commodity | Yes | Yes | Yes |
| Online IPO Application | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes |
| Bonds / NCD | No | Yes | Yes |
| ETF | Yes | Yes | Yes |
| Banking | No | No | Yes |
| Insurance | No | No | Yes |
| Forex | No | No | No |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | No | Yes | Yes |
| PMS Service | No | No | No |
| Other Investment Options | NIL | NIL | NIL |
| MTF Compare | Fyers | Alice Blue | AxisDirect |
|---|---|---|---|
| MTF Leverage | Up to 4x leverage on 1600+ stocks | – | – |
| MTF Interest Rate | 12.49% – 16.49% per annum (Slab-based MTF Interest rates) | – | – |
| MTF Segment | Equity Delivery | – | – |
| MTF Pledge Charges | ₹12 per stock | – | – |
| MTF Unpledged Charges | ₹12 per stock | – | – |
| Maximum MTF Funding | Upto ₹50 Lakh per account | – | – |
| API Compare | Fyers | Alice Blue | AxisDirect |
|---|---|---|---|
| API Type | Fyers API is a set of online tools by Fyers that lets you connect your own software to your trading account to place orders and access market data automatically. | Order Management API Portfolio API Historical Data API Live Market Data API (Websocket) Funds and Margin API | – |
| API Charges | Free | Free | – |
| Customer Service Compare | Fyers | Alice Blue | AxisDirect |
|---|---|---|---|
| 24/7 Customer Service | No | No | No |
| Email Support | Yes | No | Yes |
| Online Live Chat | No | Yes | Yes |
| Phone Support | Yes | Yes | Yes |
| Toll Free Number | No | No | Yes |
| Through Branches | No | Yes | Yes |
| Customer Care Number | 08060001111 | 08035215000/080-45490850 | 022-61480808 |
| Account Opening Process | 100% online and paperless proc | Online/Paperless | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://fyers.in/school-of-stocks/ | https://tradeschool.aliceblueonline.com/ | https://simplehai.axisdirect.in/learn/overview |
| Head Office Address | Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar,Bangalore – 560009 | Alice Blue,No. 153/2, 3rd Floor,M.R.B.Arcade, Bagalur Main Road,Dwaraka Nagar,Yelahanka,Bangalore – 560063 | Unit No. 2, Phoenix Market City,15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website | https://fyers.in/ | https://www.aliceblueonline.com | https://simplehai.axisdirect.in |
| Fyers | Alice Blue | AxisDirect | |
|---|---|---|---|
| Research Mutual Funds | No | No | Yes |
| Research Equity Reports | No | No | Yes |
| Research ETF | No | No | Yes |
| Daily Market Report | No | Yes | Yes |
| Free Tips | No | No | Yes |
| Quarterly Result Analysis | No | No | Yes |
| News Alerts | Yes | No | Yes |
| Fyers | Alice Blue | AxisDirect | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 89400 | 85300 | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | Free | ₹400 pa | ₹500 pa |
| Advance Deposit | Nil | Rs 0 | Nil |
| Statutory charges | Nil | Rs 150 Stamp Charges | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹7 + ₹5.50 (CDSL Charges) per transaction | 0.04% of the value of the transaction | ₹10 |
| Demat | ₹0 | ₹10 per certificate + ₹50 courier charges | ₹3 per certificate |
| Remat | ₹0 | ₹30 per certificate + CDSL charges | ₹10 for every hundred securities (Min ₹10) |
| Pledge Creation | Nil | ₹20 + CDSL charges | ₹25 |
| Pledge Creation Confirmation | Nil | Nil | ₹25 |
| Pledge Closure | Nil | ₹20 + CDSL charges | ₹25 |
| Pledge Closure Confirmation | Nil | Nil | ₹25 |
| Pledge Invocation | Nil | ₹20 + CDSL charges | Nil |
| Failed Instruction Charges | Nil | Nil | Nil |
| Other Charges | Stamp Charges ₹50, | Nil | Nil |
| Fyers | Alice Blue | AxisDirect | |
|---|---|---|---|
| Likes | Trade on BSE, NSE, and MCX Free IPO and mutual funds investment Rs 20 fixed brokerage on all segments Invest in IPOs, OFS, SGBs, G-secs, and T-bills Cheapest Rs 50/order brokerage on NRI trading User-friendly mobile app and website for investors Fyers Next and Fyers One high-speed trading terminal for traders Fyers Thematic Investing: Invest in expert expert-curated basket of stocks. Start Algo trading Access with Fyers API for free Bracket order, cover order, GTT, AMO, basket order Fyers School of Stocks, a free stock market learning platform. Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc. Detail Review… | Trade on NSE, BSE, and MCX No brokerage on IPO and mutual funds Zero account opening charges Zero account maintenance fee. Rs 20/order maximum brokerage fee Free Inuvest Advisory services and trading insights across segments TradingView charts, lots of technical indicators, stock and F&O screeners. Stock SIP in equity Great technology platforms for trading and investment Free access to ANT API Strong PAN India Presence Dedicated mutual fund investment app TradeSchool (Web and app) a free stock market education platform Place bracket order, cover order, GTT order, and basket order. Margin Trading facility (MTF) Detail Review… | 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… |
| Dislikes | No unlimited zero brokerage monthly plans No 3-in-1 account offering No mutual fund investment app Research reports are not offered free Detail Review… | No NRI Trading No zero brokerage unlimited trading plan Sometimes, its platform experienced technical glitches. Detail Review… | 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… |
| Special Offers/Promo | 🔷 Current Promotion Offer from Fyers for InvestorGain Visitors: 🆓 Lifetime “ZERO” Demat AMC Account 🌱 Free Direct Mutual Funds & IPO Investment 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency 🚀 Open Instant Fyers Account Now! | 🔷 Current Promotion Offer from Alice Blue for InvestorGain Visitors: 🆓 Free Account Opening 📭 Lifetime Zero Demat AMC Account 💹 Flat ₹20 Brokerage Charges per Order 🚀 Open Instant Alice Blue Account Now! | |
| Open Fyers Account Now |
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