AxisDirect Mobile App Review – Trading Platforms in India

AxisDirect Mobile App

Mobile App

AxisDirect Mobile App Overview

Axis Direct, as we know, is one of the prominent bank based stock brokers in India. However, the trading platform is one aspect where this full-service stock broker needs some improvement in terms of maturity, performance and user experience. Nonetheless, in this detailed review, we will talk about the different aspects of the AxisDirect Mobile app with an emphasis on its features, configurations, merits, and demerits.

One of the unique features of the mobile app is that it can run based on voice-based commands. More details on this in the features section below.

This mobile app from AxisDirect is available for Android and iOS users for free. You are just required to browse the corresponding app store from your mobile, download and install the mobile app. Once you do that, you can browse some of the default guest login based features, while if you are a client of the broker, you can access all the features provides in this app.

Hopefully, with this analysis, you will have a clear idea of whether you should be going ahead with this mobile app for your day to day trading.


AxisDirect Mobile App Features

Here are some of the features of this AxisDirect mobile app:

  • Once you login to the application, you are provided with the following features including access to domestic and international markets, segments such as Equity, commodity, currency along with the market watch, charting etc.

Mobile App

  • The below screenshot displays the information of different indices at that specific point in time. There have been few concerns raised about the delay of these feeds. You are advised to perform your own check before trusting the information and investing.

Mobile App

  • Users looking to monitor international stocks can do so using this mobile app. You can’t customize these feed entities though.

Mobile App

  • On the similar lines, you can access and view data across commodity and currency segments with the corresponding movements.

Mobile App

  • For intraday traders, there is a quick way to check out the top 5 gainers and losers of the day (or till that point of time in the day) with information on their last traded price and the corresponding percentage growth or drop in the stock value.

Mobile App

  • At the same time, you can view some of the basic details of the stock with information on stock open, high, low, last traded price etc for an initial understanding of the company performance in the recent past.

Mobile App

  • You can also use the charting functionality to perform fundamental and/or technical analysis. However, the charting flows provided are pretty basic in nature with limited improvisations.

Mobile App

  • If you want to have a look at your portfolio and asset distribution, you can access the ‘My Portfolio’ section of the mobile app.

Mobile App

  • The app also provides you with some basic features such as Market Watchlists, using which you can add specific stocks and financial entities you want to monitor.

Mobile App

  • Then comes, THE most important aspect of a mobile trading app – Order placement feature. You can do so by pressing the mic button and speaking out the exact stock/scrip along with the price and quantity. For instance, if you want to buy 100 stocks of SBI at ₹1200, then you need to speak out “Buy SBI 100 Quantity at ₹1200″.

Mobile App

  • This is how your “Order Book” looks like, displaying all the information about your buys and sells through Axis Direct with the corresponding status of the order.

Mobile App

  • You can also view your fund limits within this mobile app including total limit available, utilization, available limit and so on.

Mobile App

  • Finally, you can check out your account balance with Axis direct post your trades and orders.

Mobile App

To use this mobile app, you need the following configuration for a smooth trading experience:

Size – 5.8 MB

Operating System – Android 4.0 or up, iOS 6.0 or up,

Further, this is how the mobile app is rated at Google Play Store:

Number of Installs100,000-50,0000
Mobile App Size14.4 MB
Negative Ratings Percentage16%
Overall ReviewMobile App


Advantages of AxisDirect Mobile App

Moving ahead, let’s talk about some of the positives of AxisDirect Mobile App:

  • You can trade and invest across segments including Equity, Currency, Mutual funds, Derivatives using the mobile app.
  • Multiple market watch lists allowed to be added.
  • Guest login with minimal basic features allowed to be used without opening an account with Axis Direct.
  • Order placement after market hours is allowed.
  • Since Axis Direct is a full-service stockbroker, you are provided with tips, research reports and recommendations within this mobile app for technical and fundamental analysis.

Disadvantages of AxisDirect Mobile App

Here are some of the cons if you go ahead and use this mobile trading app from AxisDirect:

  • The data feed can be slightly delayed at times.
  • You cannot invest in IPOs or commodity segments using this AxisDirect mobile app.
  • Few login related concerns observed on a timely basis
  • The AxisDirect mobile app is not supported on Windows and Blackberry platforms.
  • Limited charting functionality with low usability for analysis.