ResourceIPO
Fyers Vs Groww Vs AxisDirect: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “Fyers Vs Groww Vs AxisDirect: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare fyers vs groww vs axisdirect on service, account opening charges and amc, compare fyers vs groww vs axisdirect on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare Fyers vs Groww vs AxisDirect on Service
- Account Opening Charges and AMC
- Compare Fyers vs Groww vs AxisDirect on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Fyers vs Groww vs AxisDirect on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare Fyers vs Groww vs AxisDirect on Transaction Charges
- Account Features
- Compare Fyers vs Groww vs AxisDirect on Account Features
- Trading Platform
- Compare Fyers vs Groww vs AxisDirect on Trading Platform
- Broker Ratings by Users
- Compare Fyers vs Groww vs AxisDirect on User Rating
- Investment Offerings
- Compare Fyers vs Groww vs AxisDirect on Investment Offerings
- Margin Trading Facility
- Compare Fyers vs Groww vs AxisDirect on MTF
- API
- Compare Fyers vs Groww vs AxisDirect on API Details
- Customer Service Offered
- Compare Fyers vs Groww vs AxisDirect on Customer Service
- Tips/Research/Reports Published
- Compare Fyers vs Groww vs AxisDirect on Research Reports, Tips
- Demat Account
- Compare Fyers vs Groww vs AxisDirect on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Fyers vs Groww vs AxisDirect on Special Offers and Promotion
- Ready to start trading?
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Trade on BSE, NSE, and MCX
- Rs 20 fixed brokerage on all segments
- Cheapest Rs 50/order brokerage on NRI trading
- Low-cost trading with Rs 20 maximum brokerage charged.
- Trade or invest in NSE and BSE listed stocks and F&O
- Open paperless 3-in-1 account (Bank + Demat + Trading).
- One-stop shop to trade on BSE, NSE, and MCX.
- Trade in options at flat Rs. 10/order.
- No 3-in-1 account offering
- 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency
- 💹 Max ₹20 Brokerage per Order on All Trades
- Last Updated on Fri, May 8, 2026
Data Tables
| Segment |
Fyers |
Groww |
AxisDirect |
| Trading Account Opening Fees |
Free |
Free |
Rs 999 |
| Trading AMC |
Free |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
Free |
| Demat AMC |
Free |
Free |
Rs 750 PA (Free for 1st year) |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
Fyers |
Groww |
AxisDirect |
| Multiple Plans |
Yes |
No |
Yes |
| Monthly Plans |
No |
No |
No |
| Yearly Plans |
No |
No |
No |
|
Fyers |
Groww |
AxisDirect |
| Account Opening Request |
Link to open account |
Link to open account |
|
| Transaction Charges Compare |
Fyers |
Groww |
AxisDirect |
| Equity Delivery |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Intraday |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Futures |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
| Equity Options |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
| Currency Options |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for fyers |
Complete Brokerage Plans for groww |
Complete Brokerage Plans for axisdirect |
| Account Features Compare |
Fyers |
Groww |
AxisDirect |
| 3 in 1 Account |
No |
No |
Yes |
| Charting |
Yes |
Yes |
Yes |
| Algo Trading |
Yes |
No |
No |
| SMS Alerts |
No |
No |
Yes |
| Online Demo |
Yes |
No |
Yes |
| Online Portfolio |
No |
Yes |
Yes |
| Margin Trading Funding Available |
No |
Yes |
Yes |
| Combined Ledger for Equity and Commodity |
Yes |
Yes |
Yes |
| Intraday Square-off Time |
3:15 PM |
3:10 PM |
2:45 PM |
| NRI Trading |
Yes |
No |
Yes |
| Other Features |
Fyers 30 Day Challenge |
NIL |
NIL |
| Trading Platform Compare |
Fyers |
Groww |
AxisDirect |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
Fyers Web |
Yes |
https://login.axisdirect.in/ |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
Yes |
| Mobile Trading App |
Fyers Mobile App |
Groww App |
AxisDirect Ring Mobile App |
| Mobile Trading App Demo |
Fyers Mobile App |
Groww App |
AxisDirect Ring Mobile App |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android Fyers Mobile App Download |
Android Groww App Download |
Android AxisDirect Ring Mobile App Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
Yes |
| iOS App Download |
iOS Fyers Mobile App Download |
iOS Groww App Download |
iOS AxisDirect Ring Mobile App Download |
| Android Tablet App |
Yes |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
Yes |
| Trading Software Charges |
Free |
Free |
Yes, DirectTrade – Rs 2999 PA |
| Equity Brokerage Calculator |
Equity Intraday and Delivery Brokerage Calculator for Fyers |
Equity Intraday and Delivery Brokerage Calculator for Groww |
Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for Fyers |
Futures Brokerage Calculator for Groww |
Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator |
Option Brokerage Calculator for Fyers |
Option Brokerage Calculator for Groww |
Option Brokerage Calculator for AxisDirect |
| Detail |
Detail on Trading Platforms for Fyers |
Detail on Trading Platforms for Groww |
Detail on Trading Platforms for AxisDirect |
|
Fyers |
Groww |
AxisDirect |
|
11 Customer reviews Rate |
14 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
3.5 |
4.2 |
0.8 |
| Trading Brokerage Rating |
3.6 |
3.6 |
0.6 |
| Trading Platform Usability |
3.5 |
3.9 |
0.9 |
| Customer Service Ratings |
3.5 |
3.4 |
0.8 |
| Overall Rating |
3.2 |
4.0 |
0.7 |
| Broker Rating |
Fyers is Rated 3.2 / 5 based on 11 customer reviews |
Groww is Rated 4.0 / 5 based on 14 customer reviews |
AxisDirect is Rated 0.70 / 5 based on 20 customer reviews |
| Investment Offerings Compare |
Fyers |
Groww |
AxisDirect |
| Equity Cash and F&O |
Yes |
Yes |
Yes |
| Currency Derivatives |
Yes |
No |
Yes |
| Commodity |
Yes |
Yes |
Yes |
| Online IPO Application |
Yes |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
Yes |
| Bonds / NCD |
No |
No |
Yes |
| ETF |
Yes |
Yes |
Yes |
| Banking |
No |
No |
Yes |
| Insurance |
No |
No |
Yes |
| Forex |
No |
No |
No |
| MF SIP Investment |
Yes |
Yes |
Yes |
| Equity SIP Investment |
No |
Yes |
Yes |
| PMS Service |
No |
No |
No |
| Other Investment Options |
NIL |
NIL |
NIL |
| MTF Compare |
Fyers |
Groww |
AxisDirect |
| MTF Leverage |
Up to 4x leverage on 1600+ stocks |
Upto 4x leverage with MTF |
– |
| MTF Interest Rate |
12.49% – 16.49% per annum (Slab-based MTF Interest rates) |
0.041% per day (14.95% per annum) |
– |
| MTF Segment |
Equity Delivery |
Equity Delivery |
– |
| MTF Pledge Charges |
₹12 per stock |
₹20 per order |
– |
| MTF Unpledged Charges |
₹12 per stock |
₹20 per order |
– |
| Maximum MTF Funding |
Upto ₹50 Lakh per account |
NA |
– |
| API Compare |
Fyers |
Groww |
AxisDirect |
| API Type |
Fyers API is a set of online tools by Fyers that lets you connect your own software to your trading account to place orders and access market data automatically. |
Trading APIs Portfolio API Ordering API Live Data API Smart Order API Historical Data APIs |
– |
| API Charges |
Free |
₹499/month |
– |
| Customer Service Compare |
Fyers |
Groww |
AxisDirect |
| 24/7 Customer Service |
No |
No |
No |
| Email Support |
Yes |
Yes |
Yes |
| Online Live Chat |
No |
Yes |
Yes |
| Phone Support |
Yes |
Yes |
Yes |
| Toll Free Number |
No |
No |
Yes |
| Through Branches |
No |
No |
Yes |
| Customer Care Number |
08060001111 |
9108800604 |
022-61480808 |
| Account Opening Process |
100% online and paperless proc |
Online |
Online |
| Customer Support Email |
[email protected] |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://fyers.in/school-of-stocks/ |
https://groww.in/digest |
https://simplehai.axisdirect.in/learn/overview |
| Head Office Address |
Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar,Bangalore – 560009 |
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://fyers.in/ |
https://groww.in/ |
https://simplehai.axisdirect.in |
|
Fyers |
Groww |
AxisDirect |
| Research Mutual Funds |
No |
No |
Yes |
| Research Equity Reports |
No |
No |
Yes |
| Research ETF |
No |
No |
Yes |
| Daily Market Report |
No |
No |
Yes |
| Free Tips |
No |
No |
Yes |
| Quarterly Result Analysis |
No |
No |
Yes |
| News Alerts |
Yes |
No |
Yes |
|
Fyers |
Groww |
AxisDirect |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
89400 |
88700 |
49200 |
| Demat Account Annual Maintenance Charges(AMC) |
Free |
Zero |
₹500 pa |
| Advance Deposit |
Nil |
Nil |
Nil |
| Statutory charges |
Nil |
Legal Charges |
Nil |
| Transaction Charges on Debit (Per ISIN) |
₹7 + ₹5.50 (CDSL Charges) per transaction |
₹8 + ₹5.50 CDSL charges |
₹10 |
| Demat |
₹0 |
₹150 per certificate + courier charges |
₹3 per certificate |
| Remat |
₹0 |
₹150 per certificate + courier charges |
₹10 for every hundred securities (Min ₹10) |
| Pledge Creation |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
₹25 |
| Pledge Creation Confirmation |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
₹25 |
| Pledge Closure |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
₹25 |
| Pledge Closure Confirmation |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
₹25 |
| Pledge Invocation |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
Nil |
| Failed Instruction Charges |
Nil |
₹50 |
Nil |
| Other Charges |
Stamp Charges ₹50, |
Nil |
Nil |
|
Fyers |
Groww |
AxisDirect |
| Likes |
Trade on BSE, NSE, and MCX Free IPO and mutual funds investment Rs 20 fixed brokerage on all segments Invest in IPOs, OFS, SGBs, G-secs, and T-bills Cheapest Rs 50/order brokerage on NRI trading User-friendly mobile app and website for investors Fyers Next and Fyers One high-speed trading terminal for traders Fyers Thematic Investing: Invest in expert expert-curated basket of stocks. Start Algo trading Access with Fyers API for free Bracket order, cover order, GTT, AMO, basket order Fyers School of Stocks, a free stock market learning platform. Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc. Detail Review… |
Easy onboarding process Low-cost trading with Rs 20 maximum brokerage charged. Trade or invest in NSE and BSE listed stocks and F&O Zero platform fee to use Groww app Get instant and flexible loans on Groww GTT order, basket order, and stop-loss order Buy with upto 4x leverage with Margin Trading Funding (MTF) 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 |
No unlimited zero brokerage monthly plans No 3-in-1 account offering No mutual fund investment app Research reports are not offered free Detail Review… |
No NRI Trading No intraday tips, calls, research & advisory Does not provide desktop exe based platform. No customer helpline number Groww is not onboarding new users for US trading account. 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 |
🔷 Current Promotion Offer from Fyers for InvestorGain Visitors: 🆓 Lifetime “ZERO” Demat AMC Account 🌱 Free Direct Mutual Funds & IPO Investment 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency 🚀 Open Instant Fyers Account Now! |
🎁 Current Offer from Groww for InvestorGain Visitors: ✅ Free Groww Demat & Trading Account 📭 Zero Demat AMC for Lifetime 💹 Max ₹20 Brokerage per Order on All Trades 🌱 Free Mutual Funds & IPO Investments 🚀 Open Instant Groww Account Now! |
|
|
Open Fyers Account Now |
Open Groww Account Now |
|
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