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

Find a Comparison of Axis Direct vs ICICI Direct 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 ICICI Direct.

Background

Year of Incorporation 2006 2000
Website https://simplehai.axisdirect.in/ https://www.icicidirect.com/
Phone 022-40508080 022 3355 1122
Exchanges enabled BSE, NSE NSE & BSE
Demat (NSDL/CDSL) NSDL NSDL & CDSL
Brokerage

Equity 0.50% 0.05% Equity Intraday
Equity Futures 0.05% 0.05% or Rs 50 per Trade
Equity Options Rs 0.01 per lot 0.05% or Rs 50 per Trade
Currency Futures 0.05% Rs 20 per executed order
Currency Options Rs 0.01 per lot Rs 20 per executed order
Commodity Rs 50 per lot Rs 20 per executed order
Account Opening Costs

Trading only 0 Free
Trading & Demat Rs 900 Rs 975 for 3 in 1 Account
Commodity N/A Rs 0
Transparency & other costs

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

Equity N/A 0.00325% of Turnover
Futures N/A 0.0019% of Turnover
Options N/A 0.05% of Turnover
Commodities N/A 0.05% of Turnover
AMC charge First Year: Rs. 350/- Second Year Onwards: Rs. 750/- Rs 700 per Year
DP Transaction Charge N/A Rs 25/Transaction or 0.05% whichever higher
Offline order placing Charge N/A 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Yes 20 Days
End of Day Yes 10 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity N/A Upto 1x on Delivery & Upto 5x on Intraday
Equity Futures N/A Upto 4x
Equity Options N/A Not for buying but upto 2x for shorting
Currency Futures N/A 1x
Currency Options N/A 1x
Commodity N/A 1x
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 77.1 Crores
Profit after Tax FY12/13 5,179.43 Crores Rs 68.2 Crores
Profit after Tax FY13/14 6,217.67 Crores Rs 74.9 Crores
Profit after Tax FY 14/15 7,357.82 Crores Rs 79.52 Crores
Profit after Tax FY 15/16 8,223.66 Crores Rs 96.88 Crores
Profit after Tax FY 16/17 3,679.28 Crores Rs 132.64 Crores
Profit after Tax FY 17/18 275.68 Crores Rs 100.80 Crores
Profit after Tax FY 18/19 4,677 Crores Rs 134.63 Crores
Profit after Tax FY 19/20 2,898 Crores Rs 123.16 Crores
Profit after Tax FY 20/21 16,455 Crores Rs 85.59 Crores
Profit after Tax FY 21/22 22,913 Crores Rs 105.82 Crores
Profit after Tax FY 22/23 20,091 Crores Rs 115.43 Crores
Debt FY11/12 N/A Rs 209 Crores
Debt FY12/13 N/A Rs 219 Crores
Debt FY13/14 N/A Rs 317 Crores
Debt FY14/15 N/A Rs 350.83 Crores
Debt FY15/16 N/A Rs 462.09 Crores
Debt FY16/17 N/A Rs 335.99 Crores
Debt FY17/18 N/A Rs 555.66 Crores
Debt FY18/19 N/A Rs 559.36 Crores
Debt FY19/20 N/A Rs 389.28 Crores
Debt FY20/21 N/A Rs 536.48 Crores
Debt FY21/22 2,08,277.52 Rs 598.99 Crores
Debt FY22/23 N/A Rs 582.15 Crores
Profit to Equity(%) FY11/12 20.13% 32%
Profit to Equity(%) FY12/13 21.22% 21%
Profit to Equity(%) FY13/14 20.51% 27.07%
Profit to Equity(%) FY14/15 18.23% 29.22%
Profit to Equity(%) FY15/16 18.57% 30.63%
Profit to Equity(%) FY16/17 17.49% 32.89%
Profit to Equity(%) FY17/18 7.22% 41.55%
Profit to Equity(%) FY18/19 0.53% 40.19%
Profit to Equity(%) FY19/20 8.09% 26.41%
Profit to Equity(%) FY20/21 2.34% 33.02%
Profit to Equity(%) FY21/22 20.3% 41.00%
Profit to Equity(%) FY22/23 19.17% 43.78%
Balance Sheet Size FY11/12 285,627.79 Rs 908 Crores
Balance Sheet Size FY12/13 340,560.66 Rs 948 Crores
Balance Sheet Size FY13/14 383,244.89 Rs 1620 Crores
Balance Sheet Size FY14/15 461,932.39 Rs 1857.26 Crores
Balance Sheet Size FY15/16 525,467.62 Rs 1903.86 Crores
Balance Sheet Size FY16/17 601,467.67 Rs 1983.64 Crores
Balance Sheet Size FY17/18 691,329.58 Rs 2222.18 Crores
Balance Sheet Size FY18/19 800,997 Rs 2350.41 Crores
Balance Sheet Size FY19/20 915,165 Rs 2470.58 Crores
Balance Sheet Size FY20/21 986,798 Rs 2747.85 Crores
Balance Sheet Size FY21/22 1,175,178 Rs 2921.25 Crores
Balance Sheet Size FY22/23 1,317,326 Rs 3061.50 Crores

Comparison Link:

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Frequently Asked Questions

Is Axis Direct better than ICICI Direct ?

Axis Direct and ICICI Direct 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 ICICI Direct better than Axis Direct ?

Axis Direct and ICICI Direct 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 ICICI Direct ?

Axis Direct and ICICI Direct 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 ICICI Direct cheaper than Axis Direct ?

Axis Direct and ICICI Direct 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. ICICI Direct ?

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