Zerodha
India's largest stockbroker by client base
4.6/ 5
Best for: Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.
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AxisDirect review
Tiered lifetime plans from 0.50% down to 0.07% delivery
3.8/ 5App: 3.9/5
- Since 2005
- Delivery 0.50% (Prosperity lifetime)
- AMC Varies — verify tariff sheet
Open an account with AxisDirectCompare AxisDirect →SEBI-registered stockbroker | Member: NSE, BSE, MCX
Reviewed by LetsInvest Research DeskUpdated 14 Sept 2026Pricing verified 14 Sept 2026How we test
Fees & pricing3.5
Trading platforms4.0
Customer support4.1
Research & education4.4
Ease of opening3.8
Overview
Axis Securities' AxisDirect sells lifetime subscription tiers that step delivery from 0.50% to 0.07% and intraday to 0.01%, with a ₹10-per-order options headline and digital nil opening.
Best for: High-volume Axis Bank customers willing to prepay a lifetime tier.
Pros & cons
What we like
- Lifetime slabs reward scale down to 0.07%
- Full shelf: MF, IPO, bonds, US stocks, NRI desk plus research
- Digital nil opening with transparent plan terms
Watch out for
- Default 0.50% plus ₹25 minimum is among the priciest
- Upfront non-refundable fees up to ₹9,999 + GST
- Options grid, DP and AMC need tariff confirmation
Fees & charges
Account charges
- Account openingOne-time charge to open your demat + trading account. Many discount brokers have made this free.
- NIL (digital)✓ Verified 14/9/2026
- Annual maintenance (AMC)Yearly demat maintenance, charged by the broker (separate from CDSL/NSDL custodian fees). Often free for the first year.
- Varies — verify tariff sheetConfirming
Equity
- Equity deliveryBrokerage when you buy shares and hold them overnight or longer. This is the charge long-term investors should minimise.
- 0.50% (Prosperity lifetime)✓ Verified 14/9/2026
- IntradayBrokerage on same-day buy-sell trades. Percentage caps (e.g. 0.03%) protect small orders from the flat fee.
- 0.05% (Prosperity)✓ Verified 14/9/2026
Derivatives (F&O)
- OptionsPer-order charge for options buying/selling. Excludes STT, exchange and SEBI charges, which apply equally everywhere.
- ₹10 per order (online headline)✓ Verified 14/9/2026
- FuturesPer-order charge for futures trades. Same statutory extras as options apply on top.
- 0.05% (Prosperity)✓ Verified 14/9/2026
Sources: official broker pricing pages. Figures marked “Confirming” are being re-verified — always confirm before trading.
What you can invest in
- Stocks (delivery)
- ✓ Yes
- Intraday
- ✓ Yes
- Futures & options
- ✓ Yes
- Mutual funds
- ✓ Yes
- IPOIPO + NRI desk
- ✓ Yes
- US stocksGlobal investing via Vested
- ✓ Yes
- Trading API
- —
Platforms & features
platforms
- Mobile app✓ · AxisDirect app (Android + iOS)
investing
- IPO investing✓ · IPO + NRI desk
- US stocks✓ · Global investing via Vested
research
- Research & advisory✓ · 25+ analysts covering 110+ companies
support
- Customer support✓ · Helpdesk + 44 branches
Support & company
Customer support
Helpdesk + 44 branches
Company facts
- Founded
- 2005
- Regulation
- SEBI-registered stockbroker | Member: NSE, BSE, MCX
Powerful full-service shelf, but only good value on paid Elite or Platinum tiers.
How to open a AxisDirect account
Start your application
Open the AxisDirect signup with your mobile number and email — it takes about 10 minutes.
Complete e-KYC
Verify with PAN, Aadhaar-based OTP, a live selfie and your bank proof (cancelled cheque or statement).
E-sign documents
Digitally sign the account-opening form and nomination details via Aadhaar e-sign.
Get your client ID
Activation usually takes 24–48 hours. Your login credentials arrive by email and SMS.
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How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.