Axis Sec is a full-service broker offering stockbroking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among the top 10 stock brokers in India with over 4.2 lakhs active customers.
AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loans, Auto Loans, Personal Loans, Loan against Property. Loan against Shares and Loans for SME, Credit and Prepaid Cards.
AxisDirect offers a 3-in-1 account, an integrated Trading, Demat and Bank account. This account offers a seamless transaction of money and shares between the 3 accounts. It simplifies trading for the customers especially beginners and casual traders.
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Eligibility of a Demat Account
The account is opened in the investor’s name who wants to invest his or her money in a stock or band of their choice.
In most cases, many leading banks and financial institutions such as Axis Bank act as the brokers. With whom you can open a Demat account and start trading on the stock/bond exchange.
Big name brokers such as Axis Bank bring a lot of stability into the whole process and give you a sense of reliability and trustworthiness. Which might be lacking with smaller brokerages.
AxisDirect’s Trading Platforms
Axis Securities offers multiple trading platforms based on customers’ investment style and needs.
DirectTrade
A Desktop trading application that has advanced charting, auto-refreshing order books and high-frequency updates of the market rate. This trading terminal is suitable for high-frequency traders. The DirectTrade Terminal also offers live streaming quotes. Fully Customizable Multiple Market Watch and Quick access to order placement and reports. The DirectTrade is available at an additional cost of Rs 2999 per year.
Swift Trade
A Java applet-based trading platform. This light-weight trading platform offers the functionality of the trading terminal in a web browser.
Mobile Trading
AxisDirect lite
AxisDirect Lite is low bandwidth. A user-friendly trading platform that allows customers to trade in Equities and Derivatives.
Axis Demat Account Login
Axis Direct is a part of the lineage of Axis Group and a proud subsidiary of Axis Bank – India’s 3rd largest private sector bank and the choice of more than 20 million clients.
They aspire to become a leading player in the stockbroking industry and they match the requirements embedded with the technology.
The fine place Axis Direct Login for the app and the website give you the same features of buying, selling and looking over securities. Whereas the Axis Direct Backoffice Login is all set to give you the heads-up on how your stocks have been holding up.
Axis Demat Account App Login Process
Technology has found its right place when the app was made. The company is well versed and open with the great features it launched in the app.
It contains a list of features that are enough to get the clients on their trading business. Get on with it with the below mentioned Axis Direct App Login process.
- You will not be able to trade without a Demat account, so sign up for one.
- Scroll down to the table and look for the link to the app of the OS you have on your mobile phone.
- Click on the download option when the link opens and you will then need to launch the app when downloaded.
- Now is the time to enter the client id and password provided by the company and change the password to a new 2FA password because the app will ask you.
Axis Demat Account Website Login
Website login may or may not be liked by a lot of people. But for the ones who despise the hassle of downloading an app, this is probably your way.
The news is good as we have the way for Axis Direct Website Login in this article.
- You sure would have a Demat account, if not you won’t be able to trade
- The Demat account would get you a client id and password, the mean to enter into the platform
- Time to enter the obtained client id and password
- Change the password if the website prompts you to.
Axis Demat Account Backoffice Login Process
Here is to, opening the doors for follow up acts, for you. The Axis Direct Backoffice Login is the only means to it, as the sub-brokers are quite outdated now.
Follow up with the statements, reports, holdings, standing, tax, etc, with this process given below.
- Don’t move to the next step if you do not have a Demat account, you won’t be able to.
- Check on the client id and get it from the company, if not already.
- For the last thing to do, enter in the details of the client id and password in the blanks given.
Axis Demat Account Charges
| Charges | Amount (in Rupees) |
| Account Processing Charges | Nil |
| Trading Account Opening Charges [One Time] | 999/- |
| Trading AMC [Yearly] | 0/- |
| Demat Account Opening Charges [One Time] | 0/- |
| Demat AMC [Yearly] | 650/- |
| Margin Money | 5000/- |
AxisDirect minimum deposit
There is no minimum deposit requirement when you open a trading and Demat account with AxisDirect. You need to pay account opening charges and Demat AMC, if applicable. Once your account is up and ready you need to transfer funds to start trading.
AxisDirect hidden charges
AxisDirect doesn’t have any hidden charges. It clearly defines all charges and plan details are clearly in the account opening document. No minimum charges or no other charges applicable.
| AxisDirect Advantages |
| Axis Direct offers a 3-in-1 account. This includes Bank, Demat and Trading Account. This makes trading and investing very easy. |
| Axis Direct offers many products under one single brand/website. |
| It offers free research reports to its customers. |
| Axis Direct offers classroom sessions, webinars, Online Tutorials and Articles by Experts to help beginners understand basics. |
| AxisDirect Disadvantages |
| The trade@20 plan requires Rs 75000 Average quarterly balance in linked Axis bank account. |
| The Trade@20 plan is not available for currency and commodity trading. |
| The trade@20 plan is available for non-Axis bank customers at Rs 250 per month fee. |
| Very high brokerage rate if you do not take the Trade@20 plan. |
Conclusion
Axis Demat account opening charges are may be high but the broking house will provide you unique facilities that can help you get a better trading experience.
Whether you are a newbie or you are a seasoned investor, open a Demat account with Axis Bank if you haven’t done so already. The bank functions as your stockbroker and puts your needs at the forefront.
This helps you understand the whole process better and also allows you to get maximum returns at the lowest amount of risk.
Axis Bank Demat Account
