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Axis Direct vs Cholamandalam Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of Axis Direct vs Cholamandalam Securities here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Axis Direct and Cholamandalam Securities.

Background

Year of Incorporation 2006 1978
Website https://simplehai.axisdirect.in/ https://www.cholamandalam.com/
Phone 022-40508080 1800-102-4565
Exchanges enabled BSE, NSE BSE, NSE
Demat (NSDL/CDSL) NSDL CDSL and NSDL
Brokerage

Equity 0.50% 0.50% per Executed Order
Equity Futures 0.05% 0.05% per Executed Order
Equity Options Rs 0.01 per lot Rs.50 per Lot
Currency Futures 0.05% 0.05% per Executed Order
Currency Options Rs 0.01 per lot Rs.25 per Lot
Commodity Rs 50 per lot Not Available
Account Opening Costs

Trading only 0 Free
Trading & Demat Rs 900 Rs.300
Commodity N/A Not Available
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity N/A 0.00325%
Futures N/A 0.0019% of Turnover
Options N/A 0.05% of Turnover
Commodities N/A Not Available
AMC charge First Year: Rs. 350/- Second Year Onwards: Rs. 750/- Rs.300 per Annum
DP Transaction Charge N/A Rs 20
Offline order placing Charge N/A Nil
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Yes 7 Days
End of Day Yes 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity N/A Upto 2x for Delivery & Upto 6x for Intraday
Equity Futures N/A Upto 3x
Equity Options N/A Upto 5x
Currency Futures N/A Upto 3x
Currency Options N/A Upto 3x
Commodity N/A Not Available
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 4,242.21 Crores Rs (229,338) Crores
Profit after Tax FY12/13 5,179.43 Crores Rs 30,655 Crores
Profit after Tax FY13/14 6,217.67 Crores Rs 364.01 Crores
Profit after Tax FY 14/15 7,357.82 Crores Rs 435.16 Crores
Profit after Tax FY 15/16 8,223.66 Crores Rs 568.45 Crores
Profit after Tax FY 16/17 3,679.28 Crores Rs 719 Crores
Profit after Tax FY 17/18 275.68 Crores Rs 918 Crores
Profit after Tax FY 18/19 4,677 Crores Rs 1,186 Crores
Profit after Tax FY 19/20 2,898 Crores Rs 1,052.73 Crores
Profit after Tax FY 20/21 16,455 Crores Rs 1515.44 Crores
Profit after Tax FY 21/22 22,913 Crores Rs 2,147.94 Crores
Profit after Tax FY 22/23 20,091 Crores Rs 2,666.69 Crores
Debt FY11/12 N/A Rs 4.7 Crores
Debt FY12/13 N/A Rs 8.87 Crores
Debt FY13/14 N/A Rs 10.90 Crores
Debt FY14/15 N/A Rs 15.15 Crores
Debt FY15/16 N/A Rs 18.36 Crores
Debt FY16/17 N/A Rs 19.23 Crores
Debt FY17/18 N/A Rs 20.96 Crores
Debt FY18/19 N/A Rs 19.64 Lakhs
Debt FY19/20 N/A Rs 24.17 Crores
Debt FY20/21 N/A Rs 27.39 Crores
Debt FY21/22 2,08,277.52 Rs 28.52 Crores
Debt FY22/23 N/A Rs 29.61 Crores
Profit to Equity(%) FY11/12 20.13% 15.74%
Profit to Equity(%) FY12/13 21.22% 16.68%
Profit to Equity(%) FY13/14 20.51% 17.34%
Profit to Equity(%) FY14/15 18.23% 17.73%
Profit to Equity(%) FY15/16 18.57% 18.75%
Profit to Equity(%) FY16/17 17.49% 18.49%
Profit to Equity(%) FY17/18 7.22% 17.54%
Profit to Equity(%) FY18/19 0.53% 18.53%
Profit to Equity(%) FY19/20 8.09% 18.09%
Profit to Equity(%) FY20/21 2.34% 19.34%
Profit to Equity(%) FY21/22 20.3% 20.30%
Profit to Equity(%) FY22/23 19.17% 21.18%
Balance Sheet Size FY11/12 285,627.79 Rs 9,678.26 Crores
Balance Sheet Size FY12/13 340,560.66 Rs 13,430.26 Crores
Balance Sheet Size FY13/14 383,244.89 Rs 18,184.80 Crores
Balance Sheet Size FY14/15 461,932.39 Rs 21,546.80 Crores
Balance Sheet Size FY15/16 525,467.62 Rs 23,873.23 Crores
Balance Sheet Size FY16/17 601,467.67 Rs 30,594.80 Crores
Balance Sheet Size FY17/18 691,329.58 Rs 44,089.73 Crores
Balance Sheet Size FY18/19 800,997 Rs 57,426.30 Crores
Balance Sheet Size FY19/20 915,165 Rs 64,002.39 Crores
Balance Sheet Size FY20/21 986,798 Rs 74,548.42 Crores
Balance Sheet Size FY21/22 1,175,178 Rs 82,363.68 Crores
Balance Sheet Size FY22/23 1,317,326 Rs 1,13,515.90 Crores

Comparison Link:

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Axis Direct Vs SBICAP Securities Cholamandalam Securities Vs SBICAP Securities
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Axis Direct Vs Samco securities Cholamandalam Securities Vs Samco securities
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Axis Direct Vs Reliance Securities Cholamandalam Securities Vs Reliance Securities
Axis Direct Vs Nirmal Bang Cholamandalam Securities Vs Nirmal Bang
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Axis Direct Vs Dhani Cholamandalam Securities Vs Dhani
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Axis Direct Vs HDFC Securities Cholamandalam Securities Vs HDFC Securities
Axis Direct Vs Geojit Cholamandalam Securities Vs Geojit
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Axis Direct Vs Anand Rathi Cholamandalam Securities Vs Anand Rathi
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Axis Direct Vs Achiievers Cholamandalam Securities Vs Achiievers
Axis Direct Vs A C Choksi Cholamandalam Securities Vs A C Choksi
Axis Direct Vs Angel Broking Cholamandalam Securities Vs Angel Broking
Axis Direct Vs Motilal Oswal Cholamandalam Securities Vs Motilal Oswal
Axis Direct Vs ICICI Direct Cholamandalam Securities Vs ICICI Direct
Axis Direct Vs Sharekhan Cholamandalam Securities Vs Sharekhan
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Frequently Asked Questions

Is Axis Direct better than Cholamandalam Securities ?

Axis Direct and Cholamandalam Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Cholamandalam Securities better than Axis Direct ?

Axis Direct and Cholamandalam Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Axis Direct cheaper than Cholamandalam Securities ?

Axis Direct and Cholamandalam Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Cholamandalam Securities cheaper than Axis Direct ?

Axis Direct and Cholamandalam Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Axis Direct vs. Cholamandalam Securities ?

To find out the better of the two stockbrokers Axis Direct and Cholamandalam Securities, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.