Axis Direct vs Dhan – Compare Charges, Trading Features, Offers & more

Find a Comparison of Axis Direct vs Dhan here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Axis Direct and Dhan.

Background

Year of Incorporation 2006 2011
Website https://simplehai.axisdirect.in/ https://dhan.co/
Phone 022-40508080 9987761000
Exchanges enabled BSE, NSE BSE, NSE, MCX
Demat (NSDL/CDSL) NSDL CDSL
Brokerage

Equity 0.50% Rs 0 for Delivery & Rs 20 or 0.03% for Intraday
Equity Futures 0.05% Rs 20 or 0.03% per executed order
Equity Options Rs 0.01 per lot Rs 20 per executed order
Currency Futures 0.05% Rs 20 or 0.03% per executed order
Currency Options Rs 0.01 per lot Rs 20 per executed order
Commodity Rs 50 per lot Rs 20 per executed order
Account Opening Costs

Trading only 0 Free
Trading & Demat Rs 900 Free
Commodity N/A Rs 0
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity N/A 0.00325% of Turnover
Futures N/A 0.0019% of Turnover
Options N/A 0.05% of Turnover
Commodities N/A 0.05% of Turnover
AMC charge First Year: Rs. 350/- Second Year Onwards: Rs. 750/- Rs 0
DP Transaction Charge N/A Rs 9 + GST
Offline order placing Charge N/A 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Yes 7 Days
End of Day Yes 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity N/A 1x on Delivery & upto 5x on Intraday
Equity Futures N/A 1x
Equity Options N/A 1x
Currency Futures N/A 1x
Currency Options N/A 1x
Commodity N/A 1x
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 4,242.21 Crores Rs 42.31 Crores
Profit after Tax FY12/13 5,179.43 Crores Rs 79.41 Crores
Profit after Tax FY13/14 6,217.67 Crores Rs 56.67 Crores
Profit after Tax FY 14/15 7,357.82 Crores Rs 57.22 Crores
Profit after Tax FY 15/16 8,223.66 Crores Rs 82.85 Crores
Profit after Tax FY 16/17 3,679.28 Crores Rs 68.40 Crores
Profit after Tax FY 17/18 275.68 Crores Rs 72.18 Crores
Profit after Tax FY 18/19 4,677 Crores Rs 79.26 Crores
Profit after Tax FY 19/20 2,898 Crores Rs 88.01 Crores
Profit after Tax FY 20/21 16,455 Crores Rs 95 Crores
Profit after Tax FY 21/22 22,913 Crores Rs 91.43 Crores
Profit after Tax FY 22/23 20,091 Crores Rs 93 Crores
Debt FY11/12 N/A Rs 12.22 Lakhs
Debt FY12/13 N/A Rs 20.30 Lakhs
Debt FY13/14 N/A Rs 28.60 Lakhs
Debt FY14/15 N/A Rs 25.15 Lakhs
Debt FY15/16 N/A Rs 19.36 Lakhs
Debt FY16/17 N/A Rs 24.23 Lakhs
Debt FY17/18 N/A Rs 28.96 Lakhs
Debt FY18/19 N/A Rs 27.64 Lakhs
Debt FY19/20 N/A Rs 24.17 Lakhs
Debt FY20/21 N/A Rs 32.46 Lakhs
Debt FY21/22 2,08,277.52 Rs 38.52 Lakhs
Debt FY22/23 N/A Rs 36.35 Lakhs
Profit to Equity(%) FY11/12 20.13% 20.13%
Profit to Equity(%) FY12/13 21.22% 21.22%
Profit to Equity(%) FY13/14 20.51% 20.51%
Profit to Equity(%) FY14/15 18.23% 18.23%
Profit to Equity(%) FY15/16 18.57% 18.75%
Profit to Equity(%) FY16/17 17.49% 17.49%
Profit to Equity(%) FY17/18 7.22% 17.54%
Profit to Equity(%) FY18/19 0.53% 18.53%
Profit to Equity(%) FY19/20 8.09% 18.09%
Profit to Equity(%) FY20/21 2.34% 16.71%
Profit to Equity(%) FY21/22 20.3% 20.30%
Profit to Equity(%) FY22/23 19.17% 21.18%
Balance Sheet Size FY11/12 285,627.79 Rs 28,562.79 Crores
Balance Sheet Size FY12/13 340,560.66 Rs 34,056.66 Crores
Balance Sheet Size FY13/14 383,244.89 Rs 38,184.80 Crores
Balance Sheet Size FY14/15 461,932.39 Rs 41,932.39 Crores
Balance Sheet Size FY15/16 525,467.62 Rs 52,467.62 Crores
Balance Sheet Size FY16/17 601,467.67 Rs 74,976.32 Crores
Balance Sheet Size FY17/18 691,329.58 Rs 73,952.01 Crores
Balance Sheet Size FY18/19 800,997 Rs 80,997 Crores
Balance Sheet Size FY19/20 915,165 Rs 64,023 Crores
Balance Sheet Size FY20/21 986,798 Rs 86,951.55 Crores
Balance Sheet Size FY21/22 1,175,178 Rs 91,751.78 Crores
Balance Sheet Size FY22/23 1,317,326 Rs 95,994 Crores

Comparison Link:

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Frequently Asked Questions

Is Axis Direct better than Dhan ?

Axis Direct and Dhan are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Dhan better than Axis Direct ?

Axis Direct and Dhan are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Axis Direct cheaper than Dhan ?

Axis Direct and Dhan are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Dhan cheaper than Axis Direct ?

Axis Direct and Dhan are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Axis Direct vs. Dhan ?

To find out the better of the two stockbrokers Axis Direct and Dhan, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.