Axis Direct FAQs – General [Frequently Asked Questions]

Axis Direct FAQs

Q1. Does Axis Direct is a discount broker or full-service broker?

Ans. Axis Direct is a Full service based brokerage firm.

Q2. When Axis Direct brokerage firm started its services?

Ans. Axis Direct started offering its services in the year 2005.

Q3. In which state of India Axis Direct stated its first service?

Ans. The Axis Direct broker started its first service in the state Maharashtra

Q4. Who is the CEO of the Axis Direct?

Ans. Mr. Arun Thukral is the CEO of the Axis Direct.

Q5. Mention the name of the Axis Direct MD?

Ans. Mr. Arun Thukral is the Managing Director of Axis Direct.

Q6. Does Axis Direct is the Subsidiary brand of Axis Bank ltd?

Ans. Yes, Axis Direct is the Subsidiary Brand of Axis Bank Ltd.

Q7. Does Axis Direct hold its own Depository participant services?

Ans. Yes, Axis Direct holds its own DP services with CDSL.

Q8. Does Equity Trading is allowed with Axis Direct?

Ans. Yes, Equity Trading is allowed with Axis Direct.

Q9. Is there any future trading option Axis Direct offers to its users?

Ans. Yes, Axis Direct offers Future Trading to its clients.

Q10. Does Currency Trading is allowed with Axis Direct?

Ans. Yes, Currency Trading is allowed with Axis Direct.

Q11. Does Mutual funds investment feature is available with Axis Direct?

Ans. Yes, Axis Direct offers Mutual Fund investment services to its clients.

Q12. Being a client it is allowed to use the Algo trade feature with the Axis Direct trading platform?

Ans. No, you can use the Algo Trade facility with Axis Direct financial firm but the research reports offered by the broker are the best.

Q13. Trading Commodity with Axis Direct is allowed or not?

Ans. Yes, you are allowed to do so with the help of the broker.

Q14. Mention the name of the official desktop-based trading platform of Axis Direct?

Ans. Axis Direct Trade is the official Desktop-based trading platform.

Q15. Is there any other trading platform offered by Axis Direct?

Ans. No, Axis Direct brokerage firm offers another trading platform

Q16. Does the Axis Direct Trade is an in house developed trading platform?

Ans. Yes, Axis Direct Trade is the in house developed trading platform of Axis Direct.

Q17. What is the mobile trading application of Axis Direct?

Ans. Axis Direct offers its clients with Axis Direct App for mobile-based trading.

Q18. What is the opening charge of Axis Direct for the account of Trading?

Ans. Rs. 999 is charged by the broker for the opening of the Trading Account.

Q19. What is the opening charge of Axis Direct for the account of DEMAT?

Ans. The broker offers DEMAT account services for free.

Q20. What is the AMC Axis Direct charge for a trading account?

Ans.  It is totally free of cost

Q21. What is the AMC Axis Direct charge for the DEMAT account?

Ans. Rs.650 per annum is the charge the broker imposes on its Clients.

Q22. Does Axis Direct Allow its clients to invest in Bonds?

Ans. Yes, Investing in Bonds is allowed with Axis Direct.

Q23. What is the brokerage charge Axis Direct charges for Equity Delivery?

Ans. It is around 0.5 percent or Rs. 20 per trade levied by the financial firm depending upon your active brokerage plan.

Q24. What is the brokerage charge Axis Direct charges for Equity Options?

Ans. It is for Rs. 100/Lot or Rs. 20 per order levied by the financial firm based on your opted Brokerage Plan.

Q25. What is the brokerage charge Axis Direct charges for Equity Intraday?

Ans. It is around 0.05percent or Rs. 20 per trade levied by the financial firm as per the selected plan of brokerage.

Q26. What is the brokerage charge Axis Direct charges for Equity Futures?

Ans. It is around 0.05 percent or Rs. 20 per Executed order levied by the financial firm as per your brokerage plan

Q27. What is the brokerage charge Axis Direct charges for Currency options?

Ans. It is for Rs. 100/Lot or Rs. 50/ Lot levied by the financial firm as offered by your brokerage plan.

Q28. What is the brokerage charge Axis Direct charges for Currency Futures?

Ans. It is around 0.05 percent or Rs. 20 per trade levied by Axis Direct Brokerage Plan.

Q29. Does Axis Direct offer Research reports to its clients?

Ans. Yes, the broker offers trade Research Reports to its clients.

Q30. Does Axis Direct Allow its users to invest in Mutual Funds?

Ans. Yes, Mutual Fund Investment is allowed by Axis Direct.

Q31. How much Axis Direct charges for Equity Intraday transaction?

Ans. The company charges 0.00325% for Equity Intraday Transaction.

Q32. How much Axis Direct charge for Equity Delivery transaction?

Ans. The firm charges 0.00325% for Equity Delivery transactions.

Q33. How much Axis Direct charges for Equity Futures transaction?

Ans. The investment firm charges 0.05% of Premium Turnover for Equity Futures Transaction.

Q34. How much Axis Direct charge for Equity Options transaction?

Ans. The investment firm charges 0.05% of Premium Turnover for Equity Options Transaction.

Q35. How much the broker imposes for Currency Options transaction?

Ans. The investment firm charges 0.06000% for Currency options Transaction.

Q36. How much the broker imposes for Currency Futures transaction?

Ans. The investment firm charges 0.05% of Premium Turnover for Currency Futures Transaction.

Q37. What is the least brokerage charge of Axis Direct?

Ans. Rs. 20/ Trade is the least brokerage charge of the financial firm.

Q38. What is the charge for the Call and Trade facility of Axis Direct?

Ans. Rs. 20/ trade is the charge for the Call and Trade facility of Axis Direct.

Q39. What is the brokerage charge modification charge of Axis Direct?

Ans. The brokerage charge modification charge of Axis Direct is Rs.500 quarterly.

Q40. What is the maintenance Charge of the Trade 20 Plan for non-Axis Bank Holders?

Ans. Rs. 250 per month is the Maintenance Charge of Trade 20 plan for Non-Axis Bank Holders.

Q41. What is the gateway charge for Non-Axis Bank Users?

Ans. Rs. 9 per transfer will be charged as a gateway charge for Non-Axis Bank Users.

Q42. Does Axis Direct Offers Technical Charting facility?

Ans.  Yes, Axis Direct Offers Technical Charging Facility to its users.

Q43. Does Axis Direct Offers Fundamental Charting Facility?

Ans.  Yes, Axis Direct Offers Fundamental Charting Facility

Q44. Does Axis Direct Offers Screener facility to its users?

Ans. Yes, The Axis Direct Offers Screener Facility to its Users.

Q45. Does Axis Direct offer the Expert Advisory team for Mutual fund investments?

Ans. Yes, Axis Direct offers the Expert Advisory team for Mutual fund investments.