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

Find a Comparison of Dhan vs Axis Direct 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 Dhan and Axis Direct.

Background

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

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

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

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

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

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

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

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Frequently Asked Questions

Is Dhan better than Axis Direct ?

Dhan and Axis Direct 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 better than Dhan ?

Dhan and Axis Direct 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 cheaper than Axis Direct ?

Dhan and Axis Direct 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 Axis Direct cheaper than Dhan ?

Dhan and Axis Direct 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 Dhan vs. Axis Direct ?

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