Home / Compare / Axis Direct vs Dhan

Axis Direct vs Dhan

Comparison of charges, features, and platform quality. Both Axis Direct and Dhan are popular choices, but they cater to slightly different types of investors. One is a low-cost discount broker, while the other offers premium full-service features.

Our Verdict

This is a comparison between a Discount Broker (Dhan) and a Full-Service Broker (Axis Direct).

Dhan

Choose Dhan if:

  • You want to save massively on brokerage fees.
  • You don't need stock tips or a relationship manager.
Axis Direct

Choose Axis Direct if:

  • You are a beginner needing guidance & research reports.
  • You prefer offline support or a relationship manager.

At a Glance Comparison

Feature
Axis Direct
Axis Direct
Dhan
Dhan
Broker TypeFull-Service / HybridDiscount
Account Opening₹900₹0 (Free)
AMC (Yearly)₹650/year₹0 (Free)
Equity Delivery0.50%₹0 (Free)
Intraday Tradng0.05%₹20 or 0.03%
Active Clients10 Lakhs+5 Lakhs+
Rating3.84.5
Best ForInvestors, BankingIntraday, Options
Pros
  • 3-in-1 Account
  • Research reports
  • Seamless fund transfer
  • Built for Super Traders
  • TradingView Charts Integration
  • Fastest API execution
  • Female investors get 50% off on brokerage
Cons
  • Performance issues
  • High charges
  • Newer platform, building trust
  • UI can be overwhelming for beginners

Brokerage Charges Explained

Axis Direct Fees

For equity delivery, 0.50% applies. If you trade Intraday, you pay 0.05% per order.
This makes it suitable for investors.

Dhan Fees

For equity delivery, ₹0 (Free) applies. If you trade Intraday, you pay ₹20 or 0.03% per order.
This makes it suitable for frequent traders.

* Hidden costs: Remember to account for annual maintenance charges (Axis Direct: ₹650/year, Dhan: ₹0 (Free)).

Trading Platform & App

Axis DirectAxis Direct
App Rating3.8/5

Axis Direct's platform is known for being comprehensive. It is generally considered robust for advanced analysis.

DhanDhan
App Rating4.5/5

Dhan's platform focuses on research and data. Users find it powerful for detailed tracking.

Choose Axis Direct if:

  • You are looking for the best platform for Investors.
  • You are looking for the best platform for Banking.
  • You prefer 3-in-1 account features.

Choose Dhan if:

  • You are looking for the best platform for Intraday.
  • You are looking for the best platform for Options.
  • You prefer tradingview features.

Pros & Cons Comparison

Axis Direct

Advantages

  • 3-in-1 Account
  • Research reports
  • Seamless fund transfer

Disadvantages

  • Performance issues
  • High charges

Dhan

Advantages

  • Built for Super Traders
  • TradingView Charts Integration
  • Fastest API execution

Disadvantages

  • Newer platform, building trust
  • UI can be overwhelming for beginners

Common Questions