• Compare Brokers
• IPOs
• Sovereign Gold Bond
• Brokers Near Me
• Sub Brokers
• Exclusive Offers
• Articles
• IPOs Grey Market Premium
• NCD Dashboard
• IPOs Subscription

• Zerodha
• Upstox
• Angel One
• PayTM Money
• Fyers
• 5paisa
• Nuvama Wealth
• Alice Blue
• SAMCO
• ProStocks
• ICICIDirect
• Sharekhan
• HDFC Sky
• Groww

Groww Vs AxisDirect: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O and Currency. The brokerage of Groww Max Rs 20 per trade while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Groww is a Discount Broker where AxisDirect is a Full Service Broker. Groww is having overall higher rating compare to AxisDirect. Groww is rated 4 out of 5 where AxisDirect is rated only 3.5 out of 5. Number of active customer for Groww is 95,38,609 where number of active customer for AxisDirect is 3,63,904. Groww is serving more customer compare to AxisDirect.

Here we present side-by-side comparison of Groww vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Groww vs AxisDirect's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Groww vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Groww vs AxisDirect's on

• Brokerage plans
• Plan types
• Customer Service
• Maintenance fees
• AMC
• Trading Platforms
• Rating
• Reviews
• Mobile App
• Margin/Leverage/Exposure
• Demat Account
• Investment Options
• And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Groww vs AxisDirect on Service

	Groww	AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Full Service Broker
Exchanges Supported	NSE, BSE	NSE, BSE
Active Clients	95,38,609	3,63,904
Broker Overview	Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl...	Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis...
Broker Enquiry

Account Opening Charges and AMC

Compare Groww vs AxisDirect on Trading & Demat Account Opening Charges

Comparison of Groww with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Groww offer Free account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - Groww offer Free AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Groww with AxisDirect

Charges	Groww	AxisDirect
Trading Account Opening Fees	Free	Rs 999
Trading AMC	Free	Free
Demat Account Opening Fees	Free	Free
Demat AMC	Free	Rs 750 PA (Free for 1st year)
Provide DP Service

About Brokerage Plans

Compare Groww vs AxisDirect on Plan Options

Plans are the most important feature you look when compare Groww with AxisDirect. This section compare on high level about type of plans offered by brokers. Multiple Plans - AxisDirect provides Multiple Plans where Groww doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Groww with AxisDirect on Plan Options

Plan Types	Groww	AxisDirect
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

Brokerage Charges

Compare Groww vs AxisDirect on Brokerage Charges

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Share Broker's Transaction Charges

Compare Groww vs AxisDirect on Transaction Charges

Compare Groww with AxisDirect on transaction charges and PCM fee by segment.

Account Features

Compare Groww vs AxisDirect on Account Features

Compare Groww with AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 account where Groww offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - AxisDirect offers NRI where Groww doesn't offers NRI Trading.

Account Features - Groww with AxisDirect

Account Features Compare	Groww	AxisDirect
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:10 PM	2:45 PM
NRI Trading
Other Features	NIL	NIL

Trading Platform

Compare Groww vs AxisDirect on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Groww and AxisDirect. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Groww with AxisDirect

Trading Platform Compare	Groww	AxisDirect
Desktop Trading Platform	Groww App	Ring
Desktop Demo	Info Not Available	Desktop Demo
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	Yes	https://login.axisdirect.in/
Web Trading Demo	Info Not Available	Web Trading Demo
Mobile Site
Mobile Trading
Mobile Trading App	Groww App	AxisDirect Ring Mobile App
Mobile Trading App Demo	Info Not Available	AxisDirect Ring Mobile App Demo
Android Mobile App
Android App Download	Andriod Groww App Download	Andriod AxisDirect Ring Mobile App Download
iPhone Mobile App (IOS)
iOS App Download	iOS Groww App Download	iOS AxisDirect Ring Mobile App Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for Groww	Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator	Futures Brokerage Calculator for Groww	Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator	Options Brokerage Calculator for Groww	Options Brokerage Calculator for AxisDirect
Detail	Detail on Trading Platforms for groww	Detail on Trading Platforms for axisdirect

Broker Ratings by Users

Compare Groww vs AxisDirect on User Rating

	Groww	AxisDirect
	7 Customer Reviews	6 Customer Reviews
Fees Ratings	4.4	2.5
Trading Brokerage Rating	3.7	2.0
Trading Platform Usability	4.1	3.2
Customer Service Ratings	3.3	2.7
Overall Ratings	4.1	2.3
Broker Rating	Groww is Rated 4.1 / 5 based on 7 customer reviews	AxisDirect is Rated 2.3 / 5 based on 6 customer reviews

Investment Offerings

Compare Groww vs AxisDirect on Investment Offerings

Compare Groww with AxisDirect on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - AxisDirect offers trading options in Commodity (MCX) where Groww doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Groww with AxisDirect

Investment Offerings Compare	Groww	AxisDirect
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL

Order Types

Compare Groww vs AxisDirect on Order Types

Order Type - Compare Groww with AxisDirect on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - AxisDirect provides Cover Orders (CO) where Groww doesn't offer,Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- AxisDirect offers After market orders where Groww doesn't offers AMO. GTC Orders- AxisDirect offers Good Till Cancelled (GTC) orders where Groww doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Groww with AxisDirect

Order Type Compare	Groww	AxisDirect
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare Groww vs AxisDirect on Customer Service

Compare Groww with AxisDirect on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Groww with AxisDirect

Customer Service Compare	Groww	AxisDirect
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	9108800604	022-61480808
Account Opening Process	Online	Online
Customer Support Email	[email protected]	[email protected]
Knowledge Center/Education	https://groww.in/academy	https://simplehai.axisdirect.in/learn/overview
Head Office Address	Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034	Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070.
Website	https://groww.in/	https://simplehai.axisdirect.in

Tips/Research/Reports Published

Compare Groww vs AxisDirect on Research Reports, Tips

Compare Groww with AxisDirect on research reports and tips provided by the broker.

Research Reports - Compare Groww with AxisDirect

	Groww	AxisDirect
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Groww vs AxisDirect on Demat Account

Compare Groww with AxisDirect on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for AxisDirect is ₹500 pa where for Groww is Zero.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Groww is ₹8 + ₹5.50 CDSL charges where for AxisDirect is ₹10.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Groww with AxisDirect

	Groww	AxisDirect
DP Source	CDSL	CDSL
DP ID	No	49200
Demat Account Annual Maintenance Charges(AMC)	Zero	₹500 pa
Advance Deposit	Nil	Nil
Statutory charges	Legal Charges	Nil
Transaction Charges on Debit (Per ISIN)	₹8 + ₹5.50 CDSL charges	₹10
Demat	₹150 per certificate + courier charges	₹3 per certificate
Remat	₹150 per certificate + courier charges	₹10 for every hundred securities (Min ₹10)
Pledge Creation	₹20 + Rs. 12 per request (CDSL Charges)	₹25
Pledge Creation Confirmation	₹20 + Rs. 12 per request (CDSL Charges)	₹25
Pledge Closure	₹20 + Rs. 12 per request (CDSL Charges)	₹25
Pledge Closure Confirmation	₹20 + Rs. 12 per request (CDSL Charges)	₹25
Pledge Invocation	₹20 + Rs. 12 per request (CDSL Charges)	Nil
Failed Instruction Charges	₹50	Nil
Other Charges	Nil	Nil

Special Offers,Advantages,Disadvantages

Compare Groww vs AxisDirect on Special Offers and Promotion

Compare Groww with AxisDirect on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Groww vs AxisDirect on Special Offers and Promotion

	Groww	AxisDirect
Pay In and Pay Out Options	pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww Pay-out/Fund Withdrawal - Bank Transfer only	Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank. Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time	Max 24 hrs except bank holidays	Instant to Axis Bank.
Bank Supported and Charges	Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.	Info Not Available
Bank Detail	Info Not Available	Direct from your Axis bank account.
Likes	Trade or invest in equity, F&O, mutual funds, IPO, US Stocks Rs 0 account opening fee with no AMC Best UI Interface-enabled app and website Equity and F&O trading at Rs 20 maximum brokerage No cost investment in direct mutual funds. TradingView charts and wide range of technical indicators Advance orders like GTT, Target order, and Basket order Get instant and flexible loans on Groww Get the latest trending news and updates on the Groww Digest 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	Does not offer commodity and currency trading No desktop trading terminal Bracket order and cover order are not available No intraday trading tips and stock research reports NRIs cannot open an account in Groww 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		Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry	Open Zerodha Account Now>>	Open Zerodha Account Now>>