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Rupee Desk
91 brokers measured52 pricedmedian 6.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

Axis Direct — India

Key facts (8)

Who actually onboards you
Axis Securities Ltd
Licence number
INZ000161633
Established
2011group
Min deposit, USD
not stated
Platforms
AxisDirect app (RING / Trader / Investor) · web trading · desktop
Local funding
UPI, net-banking (Axis Bank & others).
Max leverage
not stated
EURUSD
not priced

This broker against the India middle (52 of 91)

Axis DirectIndia median
Round turn, USDnot priced6.0 USD
Min deposit, USDno data30.0 USD
Max leverageno data500.0geo
Withdrawal, h3-5 business days hgeo48.0 h
EURUSD, standardnot priced1.0 pips
EURUSD, rawnot priced0.0 pips
Established2011group2008.0
Platforms33

Accepts residents of India

Yes

Score (4/6 axes)

no data

Shown, not ranked: no review-platform rating

Licence check

Licence number
INZ000161633
Checked
2026-07-09

Register

Who actually onboards you

Axis Securities Ltd

Entity not established

Axis Securities Ltd. (AxisDirect brand; part of Axis Bank).

Public rating and its base

Reviews
no data

Round turn against the local middle (52 of 91)

Round turn, USD
not priced
Median
6.0 USD

Getting money out

Withdrawal, h
3-5 business days hgeo

From the entry account upwards

2-in-1 Demat+Trading; subscription plans (e.g. flat-fee vs percentage brokerage tiers).

Terminals, markets, instrument counts (3)

AxisDirect app (RING / Trader / Investor) · web trading · desktop

Equity, F&O, currency, commodity, mutual funds, IPO, bonds/NCDs.

What works and what to watch

Pros (1)

  • Licensed locally: INZ000161633

Cons (2)

  • No public review-platform rating, so the review axis is absent
  • Minimum deposit for this country not published

Profits, and what India takes

Exchange-traded currency futures & options profit is generally treated as non-speculative business income and taxed at the individual's income-tax slab rates (as of the review). Intraday speculative positions are speculative business income (losses set off only against speculative income, carry-forward 4 years) vs non-speculative losses carry-forward 8 years. A 20% TCS applies on LRS foreign remit

Where it does not serve

no data

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (3)

Checked: 2026-07-09

FAQ (4)

Does Axis Direct accept residents of India?

Yes.

Which entity onboards a India client of Axis Direct?

Axis Securities Ltd

What licence does Axis Direct hold for India?

Licence INZ000161633.

How long does a withdrawal from Axis Direct take?

3-5 business days hours as published. It may take 3 – 5 business days for the wire to come through.