ResourceIPO
Angel One Vs Upstox Vs AxisDirect: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “Angel One Vs Upstox Vs AxisDirect: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare angel one vs upstox vs axisdirect on service, account opening charges and amc, compare angel one vs upstox vs axisdirect on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare Angel One vs Upstox vs AxisDirect on Service
- Account Opening Charges and AMC
- Compare Angel One vs Upstox vs AxisDirect on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Angel One vs Upstox vs AxisDirect on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare Angel One vs Upstox vs AxisDirect on Transaction Charges
- Account Features
- Compare Angel One vs Upstox vs AxisDirect on Account Features
- Trading Platform
- Compare Angel One vs Upstox vs AxisDirect on Trading Platform
- Broker Ratings by Users
- Compare Angel One vs Upstox vs AxisDirect on User Rating
- Investment Offerings
- Compare Angel One vs Upstox vs AxisDirect on Investment Offerings
- Margin Trading Facility
- Compare Angel One vs Upstox vs AxisDirect on MTF
- API
- Compare Angel One vs Upstox vs AxisDirect on API Details
- Customer Service Offered
- Compare Angel One vs Upstox vs AxisDirect on Customer Service
- Tips/Research/Reports Published
- Compare Angel One vs Upstox vs AxisDirect on Research Reports, Tips
- Demat Account
- Compare Angel One vs Upstox vs AxisDirect on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Angel One vs Upstox vs AxisDirect on Special Offers and Promotion
- Ready to start trading?
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- 💵 Flat ₹20/order brokerage + 30 days zero brokerage
- 💰 Free direct mutual funds with 4,000+ scheme options
- 📈 MTF at 0% interest for borrowing up to ₹1,00,000 for the first 30 days
- Invest across segments under one roof – Stocks (NSE/BSE), F&O, commodity, IPOs, mutual funds, NPS
- Open paperless 3-in-1 account (Bank + Demat + Trading).
- One-stop shop to trade on BSE, NSE, and MCX.
- Trade in options at flat Rs. 10/order.
- High call and trade and auto-square off charges = Rs 75 per order
- 🎉 ₹0 Brokerage for the First 30 Days (up to ₹500)
- 💹 Max ₹20 per Order Brokerage on Trades
- 💹 Max ₹20 per Order Brokerage on All Trades
- Last Updated on Wed, May 20, 2026
Data Tables
| Segment |
Angel One |
Upstox |
AxisDirect |
| Trading Account Opening Fees |
Free |
Promotion offer: Free |
Rs 999 |
| Trading AMC |
Free |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
Free |
| Demat AMC |
Rs 240 PA |
Rs 300 Per annum (Free for 1st year) |
Rs 750 PA (Free for 1st year) |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
Angel One |
Upstox |
AxisDirect |
| Multiple Plans |
No |
No |
Yes |
| Monthly Plans |
No |
No |
No |
| Yearly Plans |
No |
No |
No |
|
Angel One |
Upstox |
AxisDirect |
| Account Opening Request |
Link to open account |
Link to open account |
|
| Transaction Charges Compare |
Angel One |
Upstox |
AxisDirect |
| Equity Delivery |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Intraday |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Futures |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
| Equity Options |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
| Currency Options |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for angel-one |
Complete Brokerage Plans for upstox |
Complete Brokerage Plans for axisdirect |
| Account Features Compare |
Angel One |
Upstox |
AxisDirect |
| 3 in 1 Account |
No |
Yes |
Yes |
| Charting |
Yes |
Yes |
Yes |
| Algo Trading |
Yes |
Yes |
No |
| 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 |
3:15PM |
3:15PM |
2:45 PM |
| NRI Trading |
Yes |
No |
Yes |
| Other Features |
Trading software terminal: ODIN(Angel) diet |
NIL |
NIL |
| Trading Platform Compare |
Angel One |
Upstox |
AxisDirect |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
https://www.angelone.in/trade/ |
https://pro.upstox.com/ |
https://login.axisdirect.in/ |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
Yes |
| Mobile Trading App |
Angel One Mobile App |
Upstox |
AxisDirect Ring Mobile App |
| Mobile Trading App Demo |
Angel One Mobile App |
Upstox |
AxisDirect Ring Mobile App |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android Angel One Mobile App Download |
Android Upstox Download |
Android AxisDirect Ring Mobile App Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
Yes |
| iOS App Download |
iOS Angel One Mobile App Download |
iOS Upstox Download |
iOS AxisDirect Ring Mobile App Download |
| Android Tablet App |
Yes |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
Yes |
| Trading Software Charges |
Free |
Free |
Yes, DirectTrade – Rs 2999 PA |
| Equity Brokerage Calculator |
Equity Intraday and Delivery Brokerage Calculator for Angel One |
Equity Intraday and Delivery Brokerage Calculator for Upstox |
Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for Angel One |
Futures Brokerage Calculator for Upstox |
Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator |
Option Brokerage Calculator for Angel One |
Option Brokerage Calculator for Upstox |
Option Brokerage Calculator for AxisDirect |
| Detail |
Detail on Trading Platforms for Angel One |
Detail on Trading Platforms for Upstox |
Detail on Trading Platforms for AxisDirect |
|
Angel One |
Upstox |
AxisDirect |
|
78 Customer reviews Rate |
17 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
3.4 |
3.6 |
0.8 |
| Trading Brokerage Rating |
3.5 |
3.5 |
0.6 |
| Trading Platform Usability |
3.5 |
3.5 |
0.9 |
| Customer Service Ratings |
3.3 |
3.3 |
0.8 |
| Overall Rating |
3.3 |
3.4 |
0.7 |
| Broker Rating |
Angel One is Rated 3.3 / 5 based on 78 customer reviews |
Upstox is Rated 3.4 / 5 based on 17 customer reviews |
AxisDirect is Rated 0.70 / 5 based on 20 customer reviews |
| Investment Offerings Compare |
Angel One |
Upstox |
AxisDirect |
| 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 |
| Bonds / NCD |
Yes |
No |
Yes |
| ETF |
Yes |
Yes |
Yes |
| Banking |
No |
No |
Yes |
| Insurance |
No |
No |
Yes |
| Forex |
No |
No |
No |
| MF SIP Investment |
Yes |
Yes |
Yes |
| Equity SIP Investment |
No |
Yes |
Yes |
| PMS Service |
Yes |
No |
No |
| Other Investment Options |
PMS |
NPS |
NIL |
| MTF Compare |
Angel One |
Upstox |
AxisDirect |
| MTF Leverage |
up to 4x leverage |
Upto 4x leverage |
– |
| MTF Interest Rate |
0.041% per day (14.99% per annum) (0% interest upto Rs 1 Lakh for the first 30 days) |
₹20/day for every ₹40,000 – ₹50,000 (Varies by plan) |
– |
| MTF Segment |
Equity Delivery (NSE & BSE) |
Equity Delivery (NSE and BSE) |
– |
| MTF Pledge Charges |
₹20 per ISIN |
₹20 per ISIN |
– |
| MTF Unpledged Charges |
₹20 per ISIN |
₹20 per ISIN |
– |
| Maximum MTF Funding |
NA |
Maximum MTF Positions upto ₹5 crore with ₹3.75 crore MTF Funding |
– |
| API Compare |
Angel One |
Upstox |
AxisDirect |
| API Type |
Market Data API Historical API Trading API Publisher API |
Market Data API (REST/WebSocket) Historical Data API Trading API (Order |
– |
| API Charges |
Free |
Free |
– |
| Customer Service Compare |
Angel One |
Upstox |
AxisDirect |
| 24/7 Customer Service |
No |
No |
No |
| Email Support |
Yes |
Yes |
Yes |
| Online Live Chat |
Yes |
Yes |
Yes |
| Phone Support |
Yes |
Yes |
Yes |
| Toll Free Number |
No |
No |
Yes |
| Through Branches |
Yes |
Yes |
Yes |
| Customer Care Number |
1800 1020 |
+91 22 6130 9999 |
022-61480808 |
| Account Opening Process |
Online/Paperless |
Online/Paperless |
Online |
| Customer Support Email |
[email protected] |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://www.angelone.in/knowledge-center |
https://upstox.com/help-center/ |
https://simplehai.axisdirect.in/learn/overview |
| Head Office Address |
Angel One Limited, G-1, Ackruti Trade Centre, Road No. 7, MIDC, Andheri (E), Mumbai – 400 093. |
Upstox Corporate OfficeSunshine Tower,30th Floor,Senapati Bapat Marg,Dadar (W),Mumbai – 400 013 |
Unit No. 2, Phoenix Market City,15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website |
https://www.angelone.in/ |
https://upstox.com/ |
https://simplehai.axisdirect.in |
|
Angel One |
Upstox |
AxisDirect |
| Research Mutual Funds |
Yes |
No |
Yes |
| Research Equity Reports |
Yes |
No |
Yes |
| Research ETF |
No |
No |
Yes |
| Daily Market Report |
Yes |
No |
Yes |
| Free Tips |
Yes |
No |
Yes |
| Quarterly Result Analysis |
Yes |
No |
Yes |
| News Alerts |
Yes |
No |
Yes |
|
Angel One |
Upstox |
AxisDirect |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
33200 |
81800 |
49200 |
| Demat Account Annual Maintenance Charges(AMC) |
₹450 pa |
₹300 PA |
₹500 pa |
| Advance Deposit |
NIL |
NIL |
Nil |
| Statutory charges |
Nil |
Nil |
Nil |
| Transaction Charges on Debit (Per ISIN) |
₹20 + ₹5.50 (CDSL Charges) for every transaction |
₹13 + ₹5.50 CDSL charges |
₹10 |
| Demat |
₹50 per certificate |
₹20 + ₹50 courier charges |
₹3 per certificate |
| Remat |
₹50 + CDSL Charges |
₹100 for every hundred securities or ₹25 per certificate (whichever is higher) |
₹10 for every hundred securities (Min ₹10) |
| Pledge Creation |
₹25 per transaction |
0.02% of the transaction value (Min ₹50) + CDSL charges |
₹25 |
| Pledge Creation Confirmation |
NIL |
0.02% of the transaction value (Min ₹50) + CDSL charges |
₹25 |
| Pledge Closure |
₹25 per transaction |
0.02% of the transaction value (Min ₹50) + CDSL charges |
₹25 |
| Pledge Closure Confirmation |
NIL |
0.02% of the transaction value (Min ₹50) + CDSL charges |
₹25 |
| Pledge Invocation |
NIL |
0.05% of the transaction value (Min ₹50) |
Nil |
| Failed Instruction Charges |
Nil |
₹50 |
Nil |
| Other Charges |
Nil |
Nil |
Nil |
|
Angel One |
Upstox |
AxisDirect |
| Likes |
✨ Free account opening + 1st year AMC waived 💵 Flat ₹20/order brokerage + 30 days zero brokerage 📱 Smooth and powerful mobile & web trading platforms 🤖 ARQ AI-based advisory + strong research coverage 💰 Free direct mutual funds with 4,000+ scheme options 📈 MTF at 0% interest for borrowing up to ₹1,00,000 for the first 30 days Detail Review… |
Invest across segments under one roof – Stocks (NSE/BSE), F&O, commodity, IPOs, mutual funds, NPS Competitive and transparent brokerage charges along with free account opening services. Advanced trading platforms, suitable for both new investors and professional traders. Easy and paperless account opening with basic KYC documents required Charting, host of analytical tools, real-time market alerts, and fast order execution for speed and reliability Detail Review… |
Open paperless 3-in-1 account (Bank + Demat + Trading). One-stop shop to trade on BSE, NSE, and MCX. Zero Demat AMC for 1st year for Axis Bank account holders. Multiple brokerage plans for traders and investors. Trade in options at flat Rs. 10/order. Unlimited Brokerage-free options trading for the first month. Ring revolutionary app and desktop-based platforms provide an investment opportunity. Free trading tools like scanners, options strategies, advanced charting, & indicators. Get free trading calls, investment ideas, and research reports. Hassle-free investment in bonds & debenture on the “Yield” platform. AI-powered investment ideas and wealth management advisory services. Buy Now and Pay Later with E-margin. Free 20 calls per month. Detail Review… |
| Dislikes |
⚠️ Delivery trades are not fully free (unlike some competitors) 💸 Some ARQ advanced features may require extra cost ⏳ Customer support can be slow during peak hours Detail Review… |
Delivery trading is not free, check free equity delivery brokers. NRI Trading not available, Check best NRI brokers. No intraday trading tips, investment recommendations, research, and advisory services. Some users reported technical glitches and bugs certain times. High call and trade and auto-square off charges = Rs 75 per order Detail Review… |
High account opening fees. It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc. It does not have a flat discount brokerage plan. Detail Review… |
| Special Offers/Promo |
💚 Current Promotion from Angel One for InvestorGain Visitors: 🎉 ₹0 Brokerage for the First 30 Days (up to ₹500) 🆓 Free Account Opening 💹 Max ₹20 per Order Brokerage on Trades 📊 Free Stocks & IPO Research 🚀 Open Instant Angel One Account Now! |
🔵 Current Offer from Upstox for InvestorGain Visitors: 🆓 Free Upstox Demat & Trading Account 📭 No AMC for the 1st Year 💹 Max ₹20 per Order Brokerage on All Trades 🌱 Free Mutual Funds & IPO Investment 🚀 Open Instant Free Upstox Account Now! |
|
|
Open Angel One Account Now |
Open Upstox Account Now |
|
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