Axis Direct launches Super Options; now trade online at Rs 10 per order

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Axis Direct, a whole-owned subsidiary of Axis Bank on July 8 launched ‘Super Options’, an all new brokerage plan for traders to place an option order at an exclusive order of Rs 10. This strategic initiative is aimed at encouraging traders by providing cost effective trades.

Additionally, ‘Super Options’ will allow traders to have access to free trading tools, including scanners,  advanced 90+ indicators, price bands, and overlays, powered by Axis Direct’s RING Technology. This platform will further support traders with quality research and help them unlock trading opportunities with option strategies for intraday, short-term, and weekly trades. Axis Direct will also provide unlimited brokerage free Options trading for the first month said the private banker in a press release.

“Our pricing of Rs 10 per order reduces the overall cost of trading, which, in turn, empowers our traders to make the most of the market opportunities at a competitive price. More than 90% of the market volume is in Options trading, and I am confident that our new offering will bring value and convenience to our customers.” said B Gopkumar, MD & CEO , Axis Securities.