ResourceStock Brokers
Groww Vs AxisDirect: Which one is better?
Last updated September 3, 2026
This IPO News reference page covers “Groww Vs AxisDirect: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare groww vs axisdirect on service, account opening charges and amc, compare 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 Groww vs AxisDirect on Service
- Account Opening Charges and AMC
- Compare Groww vs AxisDirect on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Groww vs AxisDirect on Plan Options
- Account Opening
- Brokerage Charges
- Compare Groww vs AxisDirect on Transaction Charges
- Share Broker's Transaction Charges
- Account Features
- Compare Groww vs AxisDirect on Account Features
- Trading Platform
- Compare Groww vs AxisDirect on Trading Platform
- Broker Ratings by Users
- Compare Groww vs AxisDirect on User Rating
- Investment Offerings
- Compare Groww vs AxisDirect on Investment Offerings
- Margin Trading Facility
- Compare Groww vs AxisDirect on MTF
- API
- Compare Groww vs AxisDirect on API Details
- Customer Service Offered
- Compare Groww vs AxisDirect on Customer Service
- Tips/Research/Reports Published
- Compare Groww vs AxisDirect on Research Reports, Tips
- Demat Account
- Compare Groww vs AxisDirect on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Groww vs AxisDirect on Special Offers and Promotion
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.
- Both the brokers are registered with SEBI. Groww offers investmenet in Equity, F&O, Currency and Commodities, where AxisDirect offers investment in Equity, F&O and Currency only.
- Brokerage: Groww Max Rs 20 per trade vs AxisDirect ranges 0.05% to 0.5%.
- Rating: Groww 4/5 (higher) vs AxisDirect 3.5/5.
- 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.
- 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 percentage (%) based brokerage plan that charges a fixed brokerage fee on trading across segments.
- Groww offers Free AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.
- 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.
- 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.
- 💹 Max ₹20 Brokerage per Order on All Trades
- Last Updated on Mon, Aug 3, 2026
Data Tables
| Segment |
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 |
Yes |
Yes |
| Plan Types |
Groww |
AxisDirect |
| Multiple Plans |
No |
Yes |
| Monthly Plans |
No |
No |
| Yearly Plans |
No |
No |
|
Groww |
AxisDirect |
| Account Opening Request |
Open Groww Account |
|
| Brokerage Charges Compare |
Groww |
AxisDirect |
| Plan Name |
Flat Rs 20 |
Fixed Brokerage Trading Plan (Percentage Based) |
| Equity Delivery |
0.1% or Rs 20 |
0.50% (Each leg) |
| Equity Intraday |
0.1% or Rs 20 |
0.05% (Each leg) |
| Equity Futures |
Flat Fee Rs 20 |
0.05% (Each leg) |
| Equity Options |
Flat Fee Rs 20 |
Rs 20 per order |
| Currency Futures |
Not Available |
0.05% (Each Leg) |
| Currency Options |
Not Available |
Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p |
| Commodity Trading |
Flat Fee Rs 20 |
Futures: 0.03% (Each leg)| Options: Rs. 50 per lot |
| Minimum Brokerage |
Rs 2 on equity trading |
|
| Hidden Charges |
No |
No |
| Call & Trade Charges |
NA |
Free 20 calls per month, and after Rs. 20 per order |
| Auto Square off Charges |
Rs 50 Per Executable Order |
20 calls Free and after that Rs 20 per call |
| Brokerage Calculator |
Brokerage Calculator for Groww |
Brokerage Calculator for AxisDirect |
| Transaction Charges Compare |
Groww |
AxisDirect |
| Equity Delivery |
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 |
| Equity Futures |
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 |
| Currency Futures |
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 |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for groww |
Complete Brokerage Plans for axisdirect |
| Account Features Compare |
Groww |
AxisDirect |
| 3 in 1 Account |
No |
Yes |
| Charting |
Yes |
Yes |
| Algo Trading |
No |
No |
| SMS Alerts |
No |
Yes |
| Online Demo |
No |
Yes |
| Online Portfolio |
Yes |
Yes |
| Margin Trading Funding Available |
Yes |
Yes |
| Combined Ledger for Equity and Commodity |
Yes |
Yes |
| Intraday Square-off Time |
3:10 PM |
2:45 PM |
| NRI Trading |
No |
Yes |
| Other Features |
NIL |
NIL |
| Trading Platform Compare |
Groww |
AxisDirect |
| Web Trading Platform |
Yes |
Yes |
| Web Trading Detail |
Yes |
https://login.axisdirect.in/ |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
| Mobile Trading App |
Groww App |
AxisDirect Ring Mobile App |
| Mobile Trading App Demo |
Groww App |
AxisDirect Ring Mobile App |
| Android Mobile App |
Yes |
Yes |
| Android App Download |
Android Groww App Download |
Android AxisDirect Ring Mobile App Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
| iOS App Download |
iOS Groww App Download |
iOS AxisDirect Ring Mobile App Download |
| Android Tablet App |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
| 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 |
Option Brokerage Calculator for Groww |
Option Brokerage Calculator for AxisDirect |
| Detail |
Detail on Trading Platforms for Groww |
Detail on Trading Platforms for AxisDirect |
|
Groww |
AxisDirect |
|
14 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
4.2 |
0.8 |
| Trading Brokerage Rating |
3.6 |
0.6 |
| Trading Platform Usability |
3.9 |
0.9 |
| Customer Service Ratings |
3.4 |
0.8 |
| Overall Rating |
4.0 |
0.7 |
| Broker Rating |
Groww is Rated 4.0 / 5 based on 14 customer reviews |
AxisDirect is Rated 0.7 / 5 based on 20 customer reviews |
| Investment Offerings Compare |
Groww |
AxisDirect |
| Equity Cash and F&O |
Yes |
Yes |
| Currency Derivatives |
No |
Yes |
| Commodity |
Yes |
Yes |
| Online IPO Application |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
| Bonds / NCD |
No |
Yes |
| ETF |
Yes |
Yes |
| Banking |
No |
Yes |
| Insurance |
No |
Yes |
| Forex |
No |
No |
| MF SIP Investment |
Yes |
Yes |
| Equity SIP Investment |
Yes |
Yes |
| PMS Service |
No |
No |
| Other Investment Options |
NIL |
NIL |
| MTF Compare |
Groww |
AxisDirect |
| MTF Leverage |
Upto 4x leverage with MTF |
– |
| MTF Interest Rate |
0.041% per day (14.95% per annum) |
– |
| MTF Segment |
Equity Delivery |
– |
| MTF Pledge Charges |
₹20 per order |
– |
| MTF Unpledged Charges |
₹20 per order |
– |
| Maximum MTF Funding |
NA |
– |
| API Compare |
Groww |
AxisDirect |
| API Type |
Trading APIs Portfolio API Ordering API Live Data API Smart Order API Historical Data APIs |
– |
| API Charges |
₹499/month |
– |
| Customer Service Compare |
Groww |
AxisDirect |
| 24/7 Customer Service |
No |
No |
| Email Support |
Yes |
Yes |
| Online Live Chat |
Yes |
Yes |
| Phone Support |
Yes |
Yes |
| Toll Free Number |
No |
Yes |
| Through Branches |
No |
Yes |
| Customer Care Number |
9108800604 |
022-61480808 |
| Account Opening Process |
Online |
Online |
| Customer Support Email |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://groww.in/digest |
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 |
|
Groww |
AxisDirect |
| Research Mutual Funds |
No |
Yes |
| Research Equity Reports |
No |
Yes |
| Research ETF |
No |
Yes |
| Daily Market Report |
No |
Yes |
| Free Tips |
No |
Yes |
| Quarterly Result Analysis |
No |
Yes |
| News Alerts |
No |
Yes |
|
Groww |
AxisDirect |
| DP Source |
CDSL |
CDSL |
| DP ID |
88700 |
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 |
|
Groww |
AxisDirect |
| Likes |
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 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 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! |
|
| Enquiry |
Open Groww Account Now |
|
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