ICICI Direct vs AxiTrader, for 2024
Read our In-Depth ICICI Direct vs AxiTrader Review - for 2024
Our comprehensive analysis of ICICI Direct and AxiTrader has been updated to reflect any changes for 2024 by knowledgeable insiders boasting significant financial experience in CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of ICICI Direct vs AxiTrader does not apply to all countries as follows:
ICICI Direct Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
AxiTrader Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare ICICI Direct vs AxiTrader
Each platforms for online trading feature a few ups and downs, so a complete review of ICICI Direct and AxiTrader should not be complete without embracing an objective perspective.
Assess ICICI Direct and AxiTrader to get a better understanding of the way these platforms stack up with one another before you open an account. A side-by-side comparison helps to bring aspects in perspective in order that you're aware of what you should anticipate.
So you are looking for a reputable broker and are choosing between ICICI Direct or AxiTrader. Who is better in 2024?
This ICICI Direct vs AxiTrader comparison contains the latest information so you can easily compare AxiTrader against ICICI Direct.
If you are a new entrant in the realm of trading and brokerages, so many facts will be confusing for you. Getting into the world of trading requires expert assessing skills and comprehensive knowledge. You'll get proficient at all the concepts of broker since you keep trading. For starters, you need to select the right broker who will be transparent with you always.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment program has the potential to create hefty returns. ICICI Direct and AxiTrader are just two such platforms which will take you along with your investment to great heights. It is important that you compare ICICI Direct vs AxiTrader before you trust them with your money.
Our ICICI Direct vs AxiTrader comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ICICI Direct and AxiTrader side by side.
Our full ICICI Direct vs AxiTrader Review covers everything you will need to know about trading using either ICICI Direct or AxiTrader. A good broker can multiply your initial investments and provide you favorable profits. If you want to make profits, you should trade with a broker service that aligns with your investment objectives.
There's absolutely no sure-fire method to ensure profits; thus, you must carefully analyze your broker before you select them. It's a frequent misconception that all agents are the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
ICICI Direct and AxiTrader are both brokers which have forged their way successfully to the broker world. In this review, we've attempted to collate a number of the important facets of both ICICI Direct and AxiTrader. This review can help you to know whether either AxiTrader or ICICI Direct is a fantastic match for your investments or not. We have attempted to breakdown all the qualities and charges for your advantage.
Benefits of ICICI Direct and AxiTrader Compared
ICICI Direct offers a minimum deposit of $0 while AxiTrader has a $0 minimum deposit.
Why smaller minimum deposits are good and how ICICI Direct and AxiTrader compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
ICICI Direct has around 5000 financial instruments while AxiTrader has around 5000 available.
The more instruments you can trade on the ICICI Direct and AxiTrader platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of ICICI Direct or AxiTrader.
ICICI Direct and AxiTrader Contact Details
Being able to contact your broker through many ways is vital. ICICI Direct and AxiTrader have the following contact details and social medias that you can use.
Broker | ICICI Direct | AxiTrader |
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Telephone Number | +61 2 9965 5830 | |
service@axi.com | ||
Address | 36 - 38 Leadenhall St, London, Greater London EC3A 1AT | |
ICICI Direct Twitter Account | AxiTrader Twitter Account | |
ICICI Direct Facebook Page | AxiTrader Facebook Page | |
ICICI Direct Instagram Account | AxiTrader Instagram Account | |
ICICI Direct LinkedIn Page | AxiTrader LinkedIn Page | |
YouTube | ICICI Direct YouTube Channel | AxiTrader YouTube Channel |
Find Out More |
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AxiTrader and ICICI Direct Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing ICICI Direct and AxiTrader will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
ICICI Direct vs AxiTrader - Awards
Broker | ICICI Direct | AxiTrader |
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Awards | At the time of writing this ICICI Direct review, and despite ICICI Direct’s impressive offering, the company has surprisingly not garnered any awards to date. |
AxiTrader have won many industry awards over the time they have been running as an online broker. We show the most recognised awards for AxiTrader here.
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Find Out More |
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ICICI Direct vs AxiTrader - Frequently Asked Questions
ICICI Direct vs AxiTrader - Headquarters And Year Of Founding
ICICI Direct was founded in 1994 and has its headquaters in India.
AxiTrader was founded in 2007 and has its headquaters in Australia.
What is the minimum deposit for AxiTrader or ICICI Direct
The minimum deposit for ICICI Direct is $0.
The minimum deposit for AxiTrader is $0.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both ICICI Direct and AxiTrader are a good choice.
ICICI Direct vs AxiTrader - Regulation And Licencing In More Detail
ICICI Direct is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.
AxiTrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA).
Both ICICI Direct and AxiTrader have a powerful collection of rules for ensuring honest trading onto their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, client data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare ICICI Direct vs AxiTrader Commission And Fees
ICICI Direct and AxiTrader are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled much better. That is, an internet broker is not necessarily influenced by the amount of clients they have.
However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily 3 different types of fees for this objective.
The first sort of charges to keep an eye out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are charged trading fees. In these instances, you're spending a spread, funding rate, or even a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight prices are those who are charged when you hold a leveraged position for longer than daily.
Apart from trading charges, online brokers also charge non-trading fees. These are determined by the activities you undertake on your accounts. They're billed for operations like depositing cash, not investing for long periods, or withdrawals.
Generally, neither ICICI Direct or AxiTrader charge high fees in comparison to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who often trade, such as weekly or daily trading.
However, non-trading fees billed by ICICI Direct and AxiTrader are relatively competitive. As a result, you're billed more for non-trading activities in your trading accounts, such as deposits and withdrawal. These are not related to the sale and purchase of resources.
This ICICI Direct vs AxiTrader review for 2024 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For ICICI Direct And AxiTrader
What Languages Do ICICI Direct And AxiTrader Support?
Being able to communicate easily with your trading platform is a key way of comparing brokers to find the best broker. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading online.
Here you can find all the languages that both ICICI Direct and AxiTrader offer communication in.
How Many Clients Do ICICI Direct and AxiTrader Have?
Both ICICI Direct and AxiTrader are well established with their customer base. It is really important to work with an online broker you can trust and one of the most simple ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many customers ICICI Direct and AxiTrader are working with
What Payment Methods Do ICICI Direct and AxiTrader Accept?
ICICI Direct and AxiTrader both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at ICICI Direct and AxiTrader
What Can You Trade With ICICI Direct and AxiTrader?
ICICI Direct offers 5000 trading instruments and AxiTrader offers 100.
Below you will find a full breakdown of what both ICICI Direct and AxiTrader offer.
ICICI Direct Review
ICICI Direct vs AxiTrader:
Table Of Contents
- Compare ICICI Direct vs AxiTrader
- Benefits of ICICI Direct and AxiTrader Compared
- AxiTrader and ICICI Direct Mobile App Comparison
- ICICI Direct vs AxiTrader - Awards
- ICICI Direct vs AxiTrader - Frequently Asked Questions
- What is the minimum deposit for AxiTrader or ICICI Direct
- ICICI Direct vs AxiTrader - Regulation And Licencing In More Detail
- Compare Broker Fees For ICICI Direct And AxiTrader
- What Languages Do ICICI Direct And AxiTrader Support?
- How Many Clients Do ICICI Direct and AxiTrader Have?
- What Payment Methods Do ICICI Direct and AxiTrader Accept?
- What Can You Trade With ICICI Direct and AxiTrader?