Mirae Asset Sharekhan Vs Hdfc Securities Vs Axis Direct Comparison

The comparison between Mirae Asset Sharekhan, HDFC Securities, and Axis Direct highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Mirae Asset Sharekhan is known for its user-friendly trading experience and reliability, while Hdfc Securities stands out for offering competitive brokerage rates and an advanced mobile trading platform. Axis Direct provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 31 lakh, 15 Lakhs, and 4.4 lakh users respectively, reflecting their popularity among investors. Overall, this comparison of Mirae Asset Sharekhan, HDFC Securities, and Axis Direct helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

The services/features comparison between Mirae Asset Sharekhan, HDFC Securities, and Axis Direct reveals significant differences in their offerings. Mirae Asset Sharekhan provides 4 for Overall Rating, while HDFC Securities offers 4 and Axis Direct features 4.

Services / FeaturesMirae Asset SharekhanHDFC SecuritiesAxis Direct
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Full Service Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE, MCX NSE, BSE, MCX
Active Clients 31 lakh 15 Lakhs 4.4 lakh
Broker Overview Mirae Asset Sharekhan Review HDFC Securities Review Axis Direct Review

Account Opening Charges and AMC

The account opening charges and AMC comparison between Mirae Asset Sharekhan, HDFC Securities, and Axis Direct reveal significant differences in their offerings. Mirae Asset Sharekhan provides N/A trading and demat account opening, while HDFC Securities offers Rs 999 and Axis Direct features Free.

Account Opening Charges and AMCMirae Asset SharekhanHDFC SecuritiesAxis Direct
Trading Account Opening Rs 999 Free
Trading AMC ₹ 790
Demat Account Opening Rs 999 Zero
Demat AMC ₹400 Rs 750 ₹ 790
Provide DP Service Yes Yes Yes

Brokerage Plans

The brokerage plans comparison between Mirae Asset Sharekhan, HDFC Securities, and Axis Direct reveals significant differences in their offerings. Mirae Asset Sharekhan provides - plans, while HDFC Securities offers - and Axis Direct features -.

Brokerage PlansMirae Asset SharekhanHDFC SecuritiesAxis Direct
Multiple Plans - - -
Monthly Plans - - -
Yearly Plans - - -

Brokerage Charges

This comparison between Mirae Asset Sharekhan, HDFC Securities, and Axis Direct reveals significant differences in their brokerage charges. Mirae Asset Sharekhan charges 0.30% on trade price or minimum 1 paisa per share brokerage on equity delivery and intraday, 0.02% per transaction value (each side) for futures, and ₹39 per lot (each side) for options. HDFC Securities charges N/A brokerage on equity delivery and intraday, N/A for futures, and N/A for options. Axis Direct charges N/A brokerage on equity delivery and intraday, N/A for futures, and N/A for options.

Brokerage ChargesMirae Asset SharekhanHDFC SecuritiesAxis Direct
Plan Name - - -
Equity Delivery 0.30% on trade price or minimum 1 paisa per share
Equity Intraday 0.02% on trade price or minimum 1 paisa per share
Equity Futures 0.02% per transaction value (each side)
Equity Options ₹39 per lot (each side)
Currency Futures 0.02% per transaction value (each side)
Currency Options ₹5 per lot (each side)
Commodity Futures 0.10% (one side)
Commodity Options 1% on premium or ₹150, whichever is higher
Hidden Charges No No No
Call & Trade Charges NA 0.025% or min Rs 25 or ceiling of 2.5% of transaction value (Both Buy & Sell) ₹20
Auto Square Off Charges ₹50 per order 0.025% or min Rs 25 or ceiling of 2.5% of transaction value (Both Buy & Sell) ₹20 per lot
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Transactions Charges

This comparison between Mirae Asset Sharekhan, HDFC Securities, and Axis Direct reveals significant differences in their transactions. Mirae Asset Sharekhan provides NSE: 0.00297% | 0.00375% for Transaction Charges Equity Delivery, while HDFC Securities offers NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) and Axis Direct features NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side).

Transactions ChargesMirae Asset SharekhanHDFC SecuritiesAxis Direct
Equity Delivery NSE: 0.00297% | 0.00375% NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Intraday NSE: 0.00297% | 0.00375% NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE: 0.00173% NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 NSE Rs 173 per Cr (0.00173%) | BSE Rs 0
Equity Options NSE: 0.03503% on Premium NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium)
Currency Futures NSE: 0.00035% NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%)
Currency Options NSE: 0.0311% NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity 0.0418%

Account Features

These are the notable distinctions in the account features of Mirae Asset Sharekhan, HDFC Securities, and Axis Direct when compared.

Account FeaturesMirae Asset SharekhanHDFC SecuritiesAxis Direct
3-in-1 Account No Yes Yes
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:20 PM 3:20 PM 3:20 PM
NRI Trading Yes Yes Yes

Trading Platforms

The trading platforms comparison between Mirae Asset Sharekhan, HDFC Securities, and Axis Direct reveals significant differences in their offerings. Mirae Asset Sharekhan, HDFC Securities and Axis Direct provide web trading platforms and mobile trading platforms.

Trading PlatformsMirae Asset SharekhanHDFC SecuritiesAxis Direct
Web Trading Platform Yes Yes Yes
Web Trading Detail Sharekhan HDFC Securities Axis Direct
Mobile Trading Yes Yes Yes
Mobile Trading App Yes Yes Yes
Android Mobile App Yes Yes Yes
Android App Download Yes Yes Yes
iPhone Mobile App (iOS) Yes Yes Yes
iOS App Download Sharekhan IOS App Download Download
Android Tablet App Yes Yes Yes
iPad App (iOS) Yes Yes Yes
Trading Software Charges Nil Nil Nil

Broker Ratings

The broker ratings comparison between Mirae Asset Sharekhan, HDFC Securities, and Axis Direct reveals significant differences in their offerings. Mirae Asset Sharekhan provides 4.3 for Fees Ratings, while HDFC Securities offers 4.3 and Axis Direct features 4.2.

Broker RatingsMirae Asset SharekhanHDFC SecuritiesAxis Direct
Fees Ratings 4.3 4.3 4.2
Trading Brokerage Rating 4.3 3.9 4.0
Trading Platform Usability 4,3 4.0 4.2
Customer Service Ratings 4.2 4.3 4.1
Overall Ratings 4.3 4.2 4.2

Investment Offerings

This comparison between Mirae Asset Sharekhan, HDFC Securities, and Axis Direct reveals significant differences in their investment offerings. Mirae Asset Sharekhan provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while HDFC Securities provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and Axis Direct provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.

Investment OfferingsMirae Asset SharekhanHDFC SecuritiesAxis Direct
Equity Cash and F&O Yes Yes Yes
Currency Derivatives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No Yes Yes
Insurance No Yes Yes
Forex Yes Yes Yes
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes Yes Yes
Other Investment Options Yes Yes Yes

Customer Support

The comparison between Mirae Asset Sharekhan, HDFC Securities, and Axis Direct reveals significant differences in their Customer Support. Mirae Asset Sharekhan provides Yes, while HDFC Securities offers Yes and Axis Direct features Yes.

Customer SupportMirae Asset SharekhanHDFC SecuritiesAxis Direct
24/7 Customer Service Yes Yes Yes
Email Support Yes Yes Yes
Online Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number - Yes Yes
Through Branches Yes Yes Yes
Customer Care Number 02241683500 022-6246 5555 022-40508080
Account Opening Process Online/Paperless Online/Offline Online/Offline
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://www.sharekhan.com/learn-and-grow https://simplehai.axisdirect.in/learn/overview
Head Office Address

Sharekhan Limited,

1st Floor, Tower No. 3,

Equinox Business Park, LBS Marg, Off BKC,

Kurla (West), Mumbai 400 070, Maharashtra, India.

HDFC Securities Limited,
Unit No. 1602, 16th Floor, Tower A,
Peninsula Business Park,
Senapati Bapat Marg,
Lower Parel,
Mumbai 400 013, India

Unit 002 A, Building – A, Agastya Corporate Park,

Piramal Realty, Kamani Junction, Kurla West,

Mumbai – 400 070

Website https://www.sharekhan.com/ https://www.hdfcsec.com/ https://simplehai.axisdirect.in/

Research and Reports

The research and reports comparison between Mirae Asset Sharekhan, HDFC Securities, and Axis Direct reveals significant differences in their offerings.

Research and ReportsMirae Asset SharekhanHDFC SecuritiesAxis Direct
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips No No No
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes

Demat Account Charges

This comparison between Mirae Asset Sharekhan, HDFC Securities, and Axis Direct reveals significant differences in their demat account charges. Mirae Asset Sharekhan provides NSDL & CDSL for DP Source, while HDFC Securities offers CDSL & NSDL and Axis Direct features CDSL & NSDL.

Demat Account ChargesMirae Asset SharekhanHDFC SecuritiesAxis Direct
DP Source NSDL & CDSL CDSL & NSDL CDSL & NSDL
DP ID NSDL - 300513 | CDSL - 12036000 CDSL DP ID: 12086700 | NSDL DP ID: IN304279 NSDL - 300484 | CDSL - 12049200
Demat Account Annual Maintenance Charges (AMC) ₹ 400 Rs 750 Rs 750 per year
Advance Deposit No No No
Transaction Charges on Debit (Per ISIN) -
Demat ₹ 5 per share certificate (minimum ₹ 50 per request) Rs 5 per certificate + Rs 35 per Dematerialisation request submitted Rs 5 per certificate subject to minimum of Rs 50 per request, whichever is higher
Remat ₹ 50 per certificate or ₹ 50 for every hundred securities Rs 30 per request + CDSL actuals Rs 20 for every 100 securities or part thereof or Rs 50 per request whichever is higher
Pledge Creation ₹ 20 per transaction Nil Rs 50 per instruction
Pledge Creation Confirmation NA Nil
Pledge Closure ₹ 20 per transaction Rs 50 per instruction
Pledge Closure Confirmation NA Nil
Pledge Invocation ₹ 20 per transaction Rs 50 per instruction
Failed Instruction Charges - Nil Rs 10 per Instruction
Other Charges -

Advantages and Disadvantages

BrokerProsCons
Mirae Asset Sharekhan
  • Established brand/reputation
  • Wide range of products & services
  • Strong research & advisory support
  • Free fund-transfer/call & trade facility
  • Advanced trading platform
  • Higher brokerage & fee structure
  • Minimum brokerage cost is a disadvantage for small trades
  • Platform complexity & beginner-unfriendly aspects
  • Customer support/service issues
HDFC Securities
  • Strong brand & credibility
  • 3-in-1 account convenience
  • Wide range of investment & advisory services
  • Good for long-term/investment investors
  • Regulatory & security setup
  • Higher brokerage/fees compared to discount brokers
  • Not the lowest cost for intraday/frequent trading
  • Platform/user experience issues raised by some users
  • Reported user-experience/support issues
  • Feature gaps/cost-benefit for certain segments
Axis Direct
  • Strong backing/trustworthy brand
  • 3-in-1 account setup (bank + trading + demat)
  • Wide range of services & products
  • Research support & tools
  • Hidden/complex extra charges/maintenance fees
  • Possibly less margin/exposure, and fewer perks for heavy traders
  • Customer support/platform & execution concerns
  • Platform/usability/hidden cost issues

User Experience: Buying Stocks

Mirae Asset Sharekhan – User Trading Experience

Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.

Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is 0.02% on trade price or minimum 1 paisa per share, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 4.2/5.

Market Presence: Around 31 lakh active clients use this broker.

HDFC Securities – User Trading Experience

Account Opening Experience: Users benefit from a 3-in-1 integrated banking setup, making fund transfers seamless.

Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is competitive, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 4.3/5.

Market Presence: Around 15 Lakhs active clients use this broker.

Axis Direct – User Trading Experience

Account Opening Experience: Users benefit from a 3-in-1 integrated banking setup, making fund transfers seamless.

Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is competitive, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 4.1/5.

Market Presence: Around 4.4 lakh active clients use this broker.

Frequently Asked Questions

The account opening charges vary significantly: Mirae Asset Sharekhan charges Not specified, HDFC Securities charges Rs 999, and Axis Direct charges Free. When considering AMC, investors should evaluate the overall cost structure along with the features and services provided by each broker.

Brokerage charges differ across platforms: Mirae Asset Sharekhan offers 0.02% on trade price or minimum 1 paisa per share for equity intraday, HDFC Securities provides Not specified, and Axis Direct charges Not specified. The actual costs may vary based on trading volume, account type, and specific plans offered by each broker.

All three brokers provide diverse investment opportunities: Mirae Asset Sharekhan offers 4, HDFC Securities provides 4, and Axis Direct features 4. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.

Customer support quality varies: Mirae Asset Sharekhan has 4 support, HDFC Securities offers 4, and Axis Direct provides 4. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.

Platform usability ratings show: Mirae Asset Sharekhan with 4,3, HDFC Securities with 4.0, and Axis Direct with 4.2. The best interface depends on individual preferences - some users prefer simplicity while others need advanced features and customization options.

Yes, mutual fund and stock investing is available across all platforms: Mirae Asset Sharekhan (Yes), HDFC Securities (Yes), and Axis Direct (Yes). All three brokers provide comprehensive access to equity markets and mutual fund investments through their respective platforms.

For beginners, the choice depends on specific needs: Mirae Asset Sharekhan offers user-friendly platforms with educational resources, HDFC Securities provides competitive pricing with intuitive interfaces, and Axis Direct combines ease of use with comprehensive investment options. Beginners should consider factors like ease of account opening, customer support quality, educational content, and platform simplicity when making their decision.

All three brokers offer robust mobile trading apps with different strengths: Mirae Asset Sharekhan focuses on intuitive design and quick execution, HDFC Securities emphasizes advanced charting and analysis tools, while Axis Direct balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.

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