ResourceStock Brokers
Fyers Vs AxisDirect: Which one is better?
Last updated August 26, 2026
This IPO News reference page covers “Fyers Vs AxisDirect: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare fyers vs axisdirect on service, account opening charges and amc, compare fyers 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 AxisDirect on Service
- Account Opening Charges and AMC
- Compare Fyers vs AxisDirect on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Fyers vs AxisDirect on Plan Options
- Account Opening
- Brokerage Charges
- Compare Fyers vs AxisDirect on Transaction Charges
- Share Broker's Transaction Charges
- Account Features
- Compare Fyers vs AxisDirect on Account Features
- Trading Platform
- Compare Fyers vs AxisDirect on Trading Platform
- Broker Ratings by Users
- Compare Fyers vs AxisDirect on User Rating
- Investment Offerings
- Compare Fyers vs AxisDirect on Investment Offerings
- Margin Trading Facility
- Compare Fyers vs AxisDirect on MTF
- API
- Compare Fyers vs AxisDirect on API Details
- Customer Service Offered
- Compare Fyers vs AxisDirect on Customer Service
- Tips/Research/Reports Published
- Compare Fyers vs AxisDirect on Research Reports, Tips
- Demat Account
- Compare Fyers vs AxisDirect on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Fyers vs AxisDirect on Special Offers and Promotion
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.
- Both the brokers are registered with SEBI. Fyers offers investmenet in Equity, F&O, Currency and Commodities, where AxisDirect offers investment in Equity, F&O and Currency only.
- Brokerage: Fyers Max Rs 20 per trade vs AxisDirect ranges 0.05% to 0.5%.
- Rating: Fyers 4/5 (higher) vs AxisDirect 3.5/5.
- Here we present side-by-side comparison of Fyers vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
- Fyers Brokerage Plan detail – Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
- AxisDirect Brokerage Plan detail – Axis Direct has a fixed percentage (%) based brokerage plan that charges a fixed brokerage fee on trading across segments.
- Fyers Securities offers Free AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.
- Transaction charges on debit of ISIN for Fyers is ₹7 + ₹5.50 (CDSL Charges) per transaction where for AxisDirect is ₹10.You can see this charges on debit of Equity/Mutual Funds from your demat account.
- Trade on BSE, NSE, and MCX
- Rs 20 fixed brokerage on all segments
- Cheapest Rs 50/order brokerage on NRI trading
- 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
- Last Updated on Fri, May 8, 2026
Data Tables
| Segment |
Fyers |
AxisDirect |
| Trading Account Opening Fees |
Free |
Rs 999 |
| Trading AMC |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
| Demat AMC |
Free |
Rs 750 PA (Free for 1st year) |
| Provide DP Service |
Yes |
Yes |
| Plan Types |
Fyers |
AxisDirect |
| Multiple Plans |
Yes |
Yes |
| Monthly Plans |
No |
No |
| Yearly Plans |
No |
No |
|
Fyers |
AxisDirect |
| Account Opening Request |
Open Fyers Account |
|
| Brokerage Charges Compare |
Fyers |
AxisDirect |
| Plan Name |
Max Rs 20 Per Order Trading Plan |
Fixed Brokerage Trading Plan (Percentage Based) |
| Equity Delivery |
0.30% or Rs 20 |
0.50% (Each leg) |
| Equity Intraday |
0.03% or Rs 20 |
0.05% (Each leg) |
| Equity Futures |
0.03% or Rs 20 |
0.05% (Each leg) |
| Equity Options |
Flat Fee Rs 20 |
Rs 20 per order |
| Currency Futures |
0.03% or Rs 20 |
0.05% (Each Leg) |
| Currency Options |
Flat Fee Rs 20 |
Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p |
| Commodity Trading |
Flat Fee Rs 20 |
Futures: 0.03% (Each leg)| Options: Rs. 50 per lot |
| Minimum Brokerage |
|
|
| Hidden Charges |
No |
No |
| Call & Trade Charges |
Rs 50 Per Order |
Free 20 calls per month, and after Rs. 20 per order |
| Auto Square off Charges |
Rs 50 Per Order |
20 calls Free and after that Rs 20 per call |
| Brokerage Calculator |
Brokerage Calculator for Fyers |
Brokerage Calculator for AxisDirect |
| Transaction Charges Compare |
Fyers |
AxisDirect |
| Equity Delivery |
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 |
| Equity Futures |
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 |
| Currency Futures |
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 |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for fyers |
Complete Brokerage Plans for axisdirect |
| Account Features Compare |
Fyers |
AxisDirect |
| 3 in 1 Account |
No |
Yes |
| Charting |
Yes |
Yes |
| Algo Trading |
Yes |
No |
| SMS Alerts |
No |
Yes |
| Online Demo |
Yes |
Yes |
| Online Portfolio |
No |
Yes |
| Margin Trading Funding Available |
No |
Yes |
| Combined Ledger for Equity and Commodity |
Yes |
Yes |
| Intraday Square-off Time |
3:15 PM |
2:45 PM |
| NRI Trading |
Yes |
Yes |
| Other Features |
Fyers 30 Day Challenge |
NIL |
| Trading Platform Compare |
Fyers |
AxisDirect |
| Web Trading Platform |
Yes |
Yes |
| Web Trading Detail |
Fyers Web |
https://login.axisdirect.in/ |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
| Mobile Trading App |
Fyers Mobile App |
AxisDirect Ring Mobile App |
| Mobile Trading App Demo |
Fyers Mobile App |
AxisDirect Ring Mobile App |
| Android Mobile App |
Yes |
Yes |
| Android App Download |
Android Fyers Mobile App Download |
Android AxisDirect Ring Mobile App Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
| iOS App Download |
iOS Fyers Mobile App Download |
iOS AxisDirect Ring Mobile App Download |
| Android Tablet App |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
| Trading Software Charges |
Free |
Yes, DirectTrade – Rs 2999 PA |
| Equity Brokerage Calculator |
Equity Intraday and Delivery Brokerage Calculator for Fyers |
Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for Fyers |
Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator |
Option Brokerage Calculator for Fyers |
Option Brokerage Calculator for AxisDirect |
| Detail |
Detail on Trading Platforms for Fyers |
Detail on Trading Platforms for AxisDirect |
|
Fyers |
AxisDirect |
|
11 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
3.5 |
0.8 |
| Trading Brokerage Rating |
3.6 |
0.6 |
| Trading Platform Usability |
3.5 |
0.9 |
| Customer Service Ratings |
3.5 |
0.8 |
| Overall Rating |
3.2 |
0.7 |
| Broker Rating |
Fyers is Rated 3.2 / 5 based on 11 customer reviews |
AxisDirect is Rated 0.7 / 5 based on 20 customer reviews |
| Investment Offerings Compare |
Fyers |
AxisDirect |
| Equity Cash and F&O |
Yes |
Yes |
| Currency Derivatives |
Yes |
Yes |
| Commodity |
Yes |
Yes |
| Online IPO Application |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
| Bonds / NCD |
No |
Yes |
| ETF |
Yes |
Yes |
| Banking |
No |
Yes |
| Insurance |
No |
Yes |
| Forex |
No |
No |
| MF SIP Investment |
Yes |
Yes |
| Equity SIP Investment |
No |
Yes |
| PMS Service |
No |
No |
| Other Investment Options |
NIL |
NIL |
| MTF Compare |
Fyers |
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 |
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. |
– |
| API Charges |
Free |
– |
| Customer Service Compare |
Fyers |
AxisDirect |
| 24/7 Customer Service |
No |
No |
| Email Support |
Yes |
Yes |
| Online Live Chat |
No |
Yes |
| Phone Support |
Yes |
Yes |
| Toll Free Number |
No |
Yes |
| Through Branches |
No |
Yes |
| Customer Care Number |
08060001111 |
022-61480808 |
| Account Opening Process |
100% online and paperless proc |
Online |
| Customer Support Email |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://fyers.in/school-of-stocks/ |
https://simplehai.axisdirect.in/learn/overview |
| Head Office Address |
Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar,Bangalore – 560009 |
Unit No. 2, Phoenix Market City,15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website |
https://fyers.in/ |
https://simplehai.axisdirect.in |
|
Fyers |
AxisDirect |
| Research Mutual Funds |
No |
Yes |
| Research Equity Reports |
No |
Yes |
| Research ETF |
No |
Yes |
| Daily Market Report |
No |
Yes |
| Free Tips |
No |
Yes |
| Quarterly Result Analysis |
No |
Yes |
| News Alerts |
Yes |
Yes |
|
Fyers |
AxisDirect |
| DP Source |
CDSL |
CDSL |
| DP ID |
89400 |
49200 |
| Demat Account Annual Maintenance Charges(AMC) |
Free |
₹500 pa |
| Advance Deposit |
Nil |
Nil |
| Statutory charges |
Nil |
Nil |
| Transaction Charges on Debit (Per ISIN) |
₹7 + ₹5.50 (CDSL Charges) per transaction |
₹10 |
| Demat |
₹0 |
₹3 per certificate |
| Remat |
₹0 |
₹10 for every hundred securities (Min ₹10) |
| Pledge Creation |
Nil |
₹25 |
| Pledge Creation Confirmation |
Nil |
₹25 |
| Pledge Closure |
Nil |
₹25 |
| Pledge Closure Confirmation |
Nil |
₹25 |
| Pledge Invocation |
Nil |
Nil |
| Failed Instruction Charges |
Nil |
Nil |
| Other Charges |
Stamp Charges ₹50, |
Nil |
|
Fyers |
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… |
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… |
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! |
|
| Enquiry |
Open Fyers Account Now |
|
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