Axis Direct vs Mirae Asset Sharekhan
A full side-by-side comparison of brokerage charges, demat AMC, margin, platforms, features and user ratings — updated for 2026.
Axis Direct
VS
Mirae Asset Sharekhan
Axis Direct vs Mirae Asset Sharekhan — quick verdict
Choose Axis Direct if
You want research and offline support
Invest Right. Invest Now.
Choose Mirae Asset Sharekhan if
You want research and offline support
Get the power of experience on your side.
Company overview
Axis Direct is a full-service broker incorporated in 2006; Mirae Asset Sharekhan is a full-service broker incorporated in 2000.
| Parameter | Axis Direct | Mirae Asset Sharekhan |
|---|---|---|
| Type of broker | Full-Service Broker | Full-Service Broker |
| Exchange membership | NSE · BSE · MCX · MSEI | NSE · BSE · MCX · NCDEX |
| Year of incorporation | 2006 | 2000 older |
| Number of branches | 4,800+ wider | 900+ |
| Active clients | 14 Lakh+ | 32 Lakh+ larger |
Charges & AMC
Account-opening and maintenance charges for Axis Direct and Mirae Asset Sharekhan compared side by side.
| Parameter | Axis Direct | Mirae Asset Sharekhan |
|---|---|---|
| Trading a/c opening | ₹0 (Online) | ₹0 (Online) |
| Trading a/c AMC | ₹0 | ₹0 |
| Demat a/c opening | ₹0 | ₹0 |
| Demat a/c AMC | ₹0 (1st Year), ₹750 + GST per year thereafter | ₹0 (1st Year), then ₹400 + GST per year lower |
| DP charges (per ISIN, sell) | ₹15.93 per debit transaction (including GST) lower | ₹25 per debit transaction + GST |
Brokerage charges
How Axis Direct and Mirae Asset Sharekhan price each trading segment, per executed order.
| Parameter | Axis Direct | Mirae Asset Sharekhan |
|---|---|---|
| Equity Delivery | 0.50% | 0.30% |
| Equity Intraday | 0.05% | 0.02% |
| Equity Futures | 0.05% | 0.02% |
| Equity Options | ₹20 per executed order | ₹20 per executed order |
| Currency F&O | 0.05% | 0.02% |
| Commodity F&O | 0.05% | 0.02% |
| Call & Trade | ₹20 per executed order | ₹0 |
Transaction charges (exchange turnover)
Exchange turnover and clearing charges passed through by Axis Direct and Mirae Asset Sharekhan, per segment.
| Parameter | Axis Direct | Mirae Asset Sharekhan |
|---|---|---|
| Equity Delivery | NSE: 0.00297% • BSE: 0.00375% | NSE: 0.00297% • BSE: 0.00375% |
| Equity Intraday | NSE: 0.00297% • BSE: 0.00375% | NSE: 0.00297% • BSE: 0.00375% |
| Equity Futures | NSE: 0.00173% | NSE: 0.00173% |
| Equity Options | NSE: 0.03503% (on premium) | NSE: 0.03503% (on premium) |
| Currency Futures | NSE: 0.00035% | NSE: 0.00035% |
| Currency Options | NSE: 0.03110% (on premium) | NSE: 0.03110% (on premium) |
| Commodity Futures | MCX: 0.00210% | MCX: 0.00210% |
| Commodity Options | MCX: 0.04180% (on premium) | MCX: 0.04180% (on premium) |
Demat & DP charges
Depository (demat) charges for Axis Direct and Mirae Asset Sharekhan — AMC, debit transactions, pledging and remat.
| Parameter | Axis Direct | Mirae Asset Sharekhan |
|---|---|---|
| Demat Account Opening | ₹0 | ₹0 |
| Annual Maintenance Charges (AMC) | ₹0 (1st Year), ₹750 + GST per year thereafter | ₹0 (1st Year), then ₹400 + GST per year |
| Debit Transaction Charges | ₹15.93 per debit transaction (including GST) | ₹25 per debit transaction + GST |
| Pledge / Unpledge Charges | ₹50 + GST per request | ₹30 + GST per request |
| Dematerialisation (Demat) | ₹50 per certificate + GST | ₹50 per certificate + GST |
| Rematerialisation (Remat) | ₹50 per certificate + GST | ₹50 per certificate + GST |
| Failed Transactions | Nil | Nil |
Margin & leverage (MTF)
Intraday and delivery margin / leverage offered by Axis Direct and Mirae Asset Sharekhan.
| Parameter | Axis Direct | Mirae Asset Sharekhan |
|---|---|---|
| Equity Delivery | 100% of trade value (1x) | Up to 100% of trade value (1x) |
| Equity Intraday | VAR + ELM Margin (Up to 5x*) | As per SEBI peak margin rules (Up to 5x (eligible stocks)) |
| Equity Futures | SPAN + Exposure Margin (As per available margin) | SPAN + Exposure Margin (1x) |
| Equity Options (Sell) | Premium Value (Not Applicable) | Premium + SPAN (for option writing) (As per exchange norms) |
| Currency Futures & Options | SPAN + Exposure Margin (As per available margin) | SPAN + Exposure Margin (As per exchange norms) |
| Currency Futures & Options | SPAN + Exposure Margin (As per available margin) | SPAN + Exposure Margin (As per exchange norms) |
| Commodity Futures & Options | SPAN + Exposure Margin (As per available margin) | — |
Features & account
Account type and feature availability across Axis Direct and Mirae Asset Sharekhan.
| Parameter | Axis Direct | Mirae Asset Sharekhan |
|---|---|---|
| 3-in-1 account | ✓ Yes better | ✕ No |
| Automated / API trading | ✕ No | ✓ Yes better |
| Margin Trading (MTF) | ✓ Yes | ✓ Yes |
| Trading in SME shares | ✓ Yes | ✓ Yes |
| Trading platforms | Axis Direct Web, Axis Direct Mobile App, Fast Trade | Sharekhan App, Sharekhan Web Trading Platform, TradeTiger |
| Intraday square-off | 3:15 PM | 3:15 PM |
| Other | Research Recommendations, Smart Edge Reports, Basket Orders, Price Alerts, Advanced Charting, Option Chain, Margin Trading Facility (MTF), Portfolio Tracker, Watchlists | Advanced research reports, Margin Trading Facility (MTF), Portfolio Health Check, Investment Ideas, IPO investment, Mutual Funds, Algo/API Trading, Smart Investor tools, Relationship Manager support, Educational webinars, TradeTiger desktop terminal, Comprehensive wealth management solutions. |
Trading platforms & apps
Trading terminals, web platforms and mobile apps offered by Axis Direct and Mirae Asset Sharekhan.
| Parameter | Axis Direct | Mirae Asset Sharekhan |
|---|---|---|
| Trading platforms offered | Axis Direct Web, Axis Direct Mobile App, Fast Trade | Sharekhan App, Sharekhan Web Trading Platform, TradeTiger |
| Number of platforms | 3 | 3 |
| Platforms (summary) | Axis Direct Web, Axis Direct Mobile App, Fast Trade | Sharekhan App, Sharekhan Web Trading Platform, TradeTiger |
| Mobile / desktop apps | Web Trading Platform, Mobile Trading App, Desktop Trading Software | Mobile, Web, Desktop |
User ratings
User ratings for Axis Direct and Mirae Asset Sharekhan across the key parameters.
| Rated on | Axis Direct | Mirae Asset Sharekhan |
|---|---|---|
| Fees | 4 | 4.2 better |
| Brokerage | 4.1 | 4.1 |
| Trading platform | 4.6 | 4.7 better |
| Customer service | 4.5 | 4.5 |
| Research | 4.8 | 4.9 better |
| Overall | 4.4 | 4.5 better |
Investment options
Which investment products Axis Direct and Mirae Asset Sharekhan let you access.
| Parameter | Axis Direct | Mirae Asset Sharekhan |
|---|---|---|
| Stocks / Equity | ✓ Yes | ✓ Yes |
| Commodity | ✓ Yes | ✓ Yes |
| IPO | ✓ Yes | ✓ Yes |
| Mutual Funds | ✓ Yes | ✓ Yes |
| Bonds / NCD | ✓ Yes | ✓ Yes |
Order types offered
Advanced order types supported by Axis Direct and Mirae Asset Sharekhan.
| Parameter | Axis Direct | Mirae Asset Sharekhan |
|---|---|---|
| Bracket Order | ✕ No | ✕ No |
| Cover Order | ✕ No | ✕ No |
| BTST | ✓ Yes | ✓ Yes |
| After Market (AMO) | ✓ Yes | ✓ Yes |
| GTC / GTT | ✓ Yes | ✓ Yes |
Safety & credibility
SEBI registration, financial strength and complaint record for Axis Direct and Mirae Asset Sharekhan.
| Parameter | Axis Direct | Mirae Asset Sharekhan |
|---|---|---|
| SEBI registration | INZ000250138 | INZ000174330 |
| NSE member code | 12798 | 10313 |
| Year of incorporation | 2006 | 2000 longer track record |
| Net worth | ₹1,639.08 Cr | ₹8,615+ Cr* stronger |
| Exchange memberships | NSE · BSE · MCX · MSEI | NSE · BSE · MCX · NCDEX |
| Latest complaint ratio | 0.002% fewer complaints | 0.033% |
Complaints record
Exchange complaint data for Axis Direct and Mirae Asset Sharekhan — the ratio matters more than the raw count.
| Parameter | Axis Direct | Mirae Asset Sharekhan |
|---|---|---|
| Latest financial year | 2025–26 | 2025–26 |
| Exchange | NSE | NSE |
| Active clients | 14,18,214 | 31,20,000+ larger base |
| Complaints filed | 22 | 1,020 |
| Complaint ratio | 0.002% fewer complaints | 0.033% |
Pros & cons
The main advantages and drawbacks of each broker.
Axis Direct
▲ Pros
- ✓ Backed by Axis Bank, one of India's leading private sector banks.
- ✓ Convenient 3-in-1 Account for seamless banking and investing.
- ✓ Comprehensive research reports and expert investment recommendations.
- ✓ Supports stocks, F&O, commodities, mutual funds, IPOs, ETFs, bonds, and more.
- ✓ Advanced web and mobile trading platforms.
- ✓ Strong customer support with a nationwide branch network.
▼ Cons
- ✕ Brokerage charges are higher than most discount brokers.
- ✕ Annual Demat AMC is applicable after the introductory period.
- ✕ Premium research and advisory services may be suited more for long-term investors.
- ✕ Some brokerage plans vary based on customer profile and relationship.
- ✕ Call & Trade charges are applicable.
- ✕ Budget-conscious traders may find discount brokers more economical.
Mirae Asset Sharekhan
▲ Pros
- ✓ Backed by the globally recognized Mirae Asset Financial Group.
- ✓ Comprehensive research reports and investment recommendations.
- ✓ Supports investment in stocks, derivatives, commodities, currencies, mutual funds, IPOs, bonds, and ETFs.
- ✓ Advanced trading platforms for web, desktop, and mobile users.
- ✓ Large nationwide network of branches and relationship managers.
- ✓ Margin Trading Facility (MTF) available for eligible stocks.
- ✓ Strong educational resources, webinars, and investor learning programs.
- ✓ Reliable customer support through branches, phone, email, and chat.
- ✓ Suitable for both beginners and long-term investors.
- ✓ Offers integrated wealth management and portfolio advisory services.
▼ Cons
- ✕ Brokerage charges are higher than most discount brokers.
- ✕ Annual Maintenance Charges (AMC) apply for Demat accounts.
- ✕ Account opening process may take longer than fully digital discount brokers.
- ✕ Premium research and advisory services may involve additional charges.
- ✕ Advanced trading tools are more beneficial for experienced traders than casual investors.
- ✕ Intraday brokerage can be comparatively expensive for high-frequency traders.
- ✕ Fewer free investment tools compared to some newer fintech brokers.
- ✕ Some premium features are available only under higher-value plans or subscriptions.
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