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

Find a Comparison of Axis Direct vs Sharekhan 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 Sharekhan.

Background

Year of Incorporation 2006 2000
Website https://simplehai.axisdirect.in/ https://www.sharekhan.com/
Phone 022-40508080 022-41523200
Exchanges enabled BSE, NSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL NSDL & CDSL
Brokerage

Equity 0.50% 0.03% for Intraday
Equity Futures 0.05% 0.03% of Turnover
Equity Options Rs 0.01 per lot Rs 20 per lot
Currency Futures 0.05% 0.02% per Transaction Value
Currency Options Rs 0.01 per lot Rs 5 per lot
Commodity Rs 50 per lot Rs 20 per lot
Account Opening Costs

Trading only 0 Free
Trading & Demat Rs 900 Rs 400
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 0.0021% of Turnover
Options N/A 0.055% of Premium Turnover
Commodities N/A 0.0027% of Turnover
AMC charge First Year: Rs. 350/- Second Year Onwards: Rs. 750/- Rs 400 per year
DP Transaction Charge N/A Rs 30 or 0.03% whichever is higher
Offline order placing Charge N/A Not Available
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Yes 30 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 10x
Equity Futures N/A Upto 2x for Intraday
Equity Options N/A Upto 1x
Currency Futures N/A No Leverage
Currency Options N/A No Leverage
Commodity N/A Upto 2x for Intraday
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 87.5 Crores
Profit after Tax FY12/13 5,179.43 Crores Rs 107 Crores
Profit after Tax FY13/14 6,217.67 Crores Rs 128.90 Crore
Profit after Tax FY 14/15 7,357.82 Crores Rs 168.52 Crore
Profit after Tax FY 15/16 8,223.66 Crores Rs 161.82 Crore
Profit after Tax FY 16/17 3,679.28 Crores Rs 121.89 Crore
Profit after Tax FY 17/18 275.68 Crores Rs 113.87 Crore
Profit after Tax FY 18/19 4,677 Crores Rs 191.48 Crore
Profit after Tax FY 19/20 2,898 Crores Rs 111.55 Crore
Profit after Tax FY 20/21 16,455 Crores Rs 131.23 Crore
Profit after Tax FY 21/22 22,913 Crores Rs 174.09 Crore
Profit after Tax FY 22/23 20,091 Crores Rs 205.86 Crore
Debt FY11/12 N/A Rs 335.1 Crores
Debt FY12/13 N/A Rs 335.1 Crores
Debt FY13/14 N/A Rs 486.64 Crores
Debt FY14/15 N/A Rs 481.20 Crores
Debt FY15/16 N/A Rs 376.69 Crores
Debt FY16/17 N/A Rs 364.87 Crores
Debt FY17/18 N/A Rs 547.71 Crores
Debt FY18/19 N/A Rs 434.84 Crores
Debt FY19/20 N/A Rs 565.48 Crores
Debt FY20/21 N/A Rs 455.09 Crores
Debt FY21/22 2,08,277.52 Rs 453.87 Crores
Debt FY22/23 N/A Rs 593.90 Crores
Profit to Equity(%) FY11/12 20.13% 19.86
Profit to Equity(%) FY12/13 21.22% 16.04
Profit to Equity(%) FY13/14 20.51% Rs 22.13 Lakh
Profit to Equity(%) FY14/15 18.23% Rs 30.06
Profit to Equity(%) FY15/16 18.57% Rs 31.43
Profit to Equity(%) FY16/17 17.49% Rs 28.83
Profit to Equity(%) FY17/18 7.22% Rs 30.54
Profit to Equity(%) FY18/19 0.53% Rs 31.45
Profit to Equity(%) FY19/20 8.09% Rs 35.79
Profit to Equity(%) FY20/21 2.34% Rs 47.35
Profit to Equity(%) FY21/22 20.3% Rs 39.13
Profit to Equity(%) FY22/23 19.17% Rs 56.92
Balance Sheet Size FY11/12 285,627.79 Rs 1689 Crores
Balance Sheet Size FY12/13 340,560.66 Rs 1636 Crores
Balance Sheet Size FY13/14 383,244.89 Rs 1715.00 Crores
Balance Sheet Size FY14/15 461,932.39 Rs 2747.23 Crores
Balance Sheet Size FY15/16 525,467.62 Rs 2700.50 Crores
Balance Sheet Size FY16/17 601,467.67 Rs 2036.15 Crores
Balance Sheet Size FY17/18 691,329.58 Rs 1791.65 Crores
Balance Sheet Size FY18/19 800,997 Rs 3039.18 Crores
Balance Sheet Size FY19/20 915,165 Rs 2876.57 Crores
Balance Sheet Size FY20/21 986,798 Rs 1756.08 Crores
Balance Sheet Size FY21/22 1,175,178 Rs 1965.11 Crores
Balance Sheet Size FY22/23 1,317,326 Rs 2853.01 Crores

Comparison Link:

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Frequently Asked Questions

Is Axis Direct better than Sharekhan ?

Axis Direct and Sharekhan 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 Sharekhan better than Axis Direct ?

Axis Direct and Sharekhan 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 Sharekhan ?

Axis Direct and Sharekhan 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 Sharekhan cheaper than Axis Direct ?

Axis Direct and Sharekhan 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. Sharekhan ?

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