What is Axis Bank Direct account?

What is Axis Bank Direct account?

Banking & Investing Connected Axis Direct account empowers you with everything you need to trade in Stocks – be it financial education, market data, high quality research or powerful tools – you get it all at one place.

Is Axis Direct a broker?

Axis Direct is the brokerage arm of one of the biggest banks, Axis bank. Established in 2011 as a full-service broker, Axis Direct enjoys a lot of trust in the market because of its parent firm, Axis bank. Axis Direct has come a long way since and has 3,92,868 active client base till October 2022.

Is Axis Direct CDSL or NSDL?

Axis Bank is a registered member of NSDL and is enrolled as a Depository Participant.

What are the charges of Axis Direct?

AxisDirect Charges 2022 Axis Direct charges 0.50% brokerage for equity delivery, 0.05% for Intraday & Futures, and Rs 10 per lot for options.

What is the benefits of AxisDirect?

Why AxisDirect? AxisDirect account brings all investment options together under one roof, giving you the power to diversify your portfolio. Demat, Savings and Trading account are linked together for ease of buying and selling. Trade in Equity, Derivatives, Mutual Funds, IPOs, ETFs, Bonds etc.

What is limit in AxisDirect?

Available limit is the maximum available trading limit through which you can trade in different products (Buying Power). Following are the products for which the available limits are shown: Equity Products. Cash. Intraday and Cover.

Is Zerodha better than Axis Direct?

Zerodha offers investmenet in Equity, F&O, Currency and Commodities, where AxisDirect offers investment in Equity, F&O and Currency only. The brokerage of Zerodha Max Rs 20 per trade while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Zerodha is a Discount Broker where AxisDirect is a Full Service Broker.01-Dec-2022

Is Axis better than Icici?

Axis Bank's brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Axis Bank. ICICI Bank's brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of ICICI Bank. Their current market cap is $59.96B.Axis Bank vs ICICI Bank.

Is Axis demat account free?

Investors are required to pay a fee every year. Generally, this charge is not levied on basic demat accounts with a balance of up to Rs. 50,000.

Is Axis Direct is SEBI registered?

Axis Securities Limited, CIN No. U74992MH2006PLC163204 | SEBI Single Reg. No. - NSE, BSE,MSEI, MCX & NCDEX – INZ000161633 | SEBI-Research Analyst Reg.

Is Axis Direct safe for trading?

Axis Direct serves as a full-service broker and has gained the attention of its customers with its long-standing as the Best Full-Service Broker in India. They do not need to offer additional services to draw customers, as they are one of the best brokers in India for their services and product for trading.01-Dec-2022

Is Zerodha a CDSL?

Zerodha Broking Limited, the Depository Participant(DP), is a member of CDSL(Depository).

How can I withdraw money from Axis Direct?

To withdraw money from your Axis Direct account, proceed with the following steps:

What is Axis monthly service fee?

Account Service Fee (Urban) 7.5 per 100 of the shortfall from AMB requirement or 600 whichever is lower. Average Balance Required (Semi Urban) Average Monthly Balance (AMB) of Rs. 5,000.

Can I buy gold in Axis Direct?

You can buy Digital Gold from Axis Bank Website or Axis Mobile App or Axis Internet Banking.

Which is the best bank to open Demat account?

List of Top 10 Demat Accounts in India in 2023

What are the disadvantages of Demat account?

What are the Disadvantages of Having a Demat Account

Which is best MF in Axis?

Axis MF Top Rated Funds

Can I withdraw 20 lakhs from Axis Bank?

3 Maximum Non Home Branch Cash withdrawal shall be Rs 5,00,000 per day.

What is Axis withdrawal limit?

Daily withdrawal limit of Rs. 50,000 and purchase transaction limit of Rs. 1,00,000.

What is the minimum limit of Axis Bank?

The Axis Bank Easy Access Savings Account allows you to maintain a monthly average balance requirement of ₹ 12,000 if you are carrying out online banking from a metro city. The minimum opening deposit in your account will be ₹ 16,000.

What is Axis Bank Direct account?