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Zerodha Vs Groww Vs AxisDirect: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “Zerodha Vs Groww Vs AxisDirect: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare zerodha vs groww vs axisdirect on service, account opening charges and amc, compare zerodha 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 Zerodha vs Groww vs AxisDirect on Service
- Account Opening Charges and AMC
- Compare Zerodha vs Groww vs AxisDirect on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Zerodha vs Groww vs AxisDirect on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare Zerodha vs Groww vs AxisDirect on Transaction Charges
- Account Features
- Compare Zerodha vs Groww vs AxisDirect on Account Features
- Trading Platform
- Compare Zerodha vs Groww vs AxisDirect on Trading Platform
- Broker Ratings by Users
- Compare Zerodha vs Groww vs AxisDirect on User Rating
- Investment Offerings
- Compare Zerodha vs Groww vs AxisDirect on Investment Offerings
- Margin Trading Facility
- Compare Zerodha vs Groww vs AxisDirect on MTF
- API
- Compare Zerodha vs Groww vs AxisDirect on API Details
- Customer Service Offered
- Compare Zerodha vs Groww vs AxisDirect on Customer Service
- Tips/Research/Reports Published
- Compare Zerodha vs Groww vs AxisDirect on Research Reports, Tips
- Demat Account
- Compare Zerodha vs Groww vs AxisDirect on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Zerodha 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.
- 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 per Order Brokerage on Intraday, F&O, Commodities & Currency
- 📱 Kite & Coin – #1 Trading Platform & Mobile App
- 💹 Max ₹20 Brokerage per Order on All Trades
- Last Updated on Wed, May 20, 2026
Data Tables
| Segment |
Zerodha |
Groww |
AxisDirect |
| Trading Account Opening Fees |
Free |
Free |
Rs 999 |
| Trading AMC |
Free |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
Free |
| Demat AMC |
Rs 300 PA (Free for 1st year) |
Free |
Rs 750 PA (Free for 1st year) |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
Zerodha |
Groww |
AxisDirect |
| Multiple Plans |
No |
No |
Yes |
| Monthly Plans |
No |
No |
No |
| Yearly Plans |
No |
No |
No |
|
Zerodha |
Groww |
AxisDirect |
| Account Opening Request |
Link to open account |
Link to open account |
|
| Transaction Charges Compare |
Zerodha |
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 zerodha |
Complete Brokerage Plans for groww |
Complete Brokerage Plans for axisdirect |
| Account Features Compare |
Zerodha |
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 |
Yes |
Yes |
Yes |
| Margin Trading Funding Available |
Yes |
Yes |
Yes |
| Combined Ledger for Equity and Commodity |
Yes |
Yes |
Yes |
| Intraday Square-off Time |
3:20 PM |
3:10 PM |
2:45 PM |
| NRI Trading |
Yes |
No |
Yes |
| Other Features |
NIL |
NIL |
NIL |
| Trading Platform Compare |
Zerodha |
Groww |
AxisDirect |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
Zerodha Kite 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 |
Zerodha Kite App |
Groww App |
AxisDirect Ring Mobile App |
| Mobile Trading App Demo |
Zerodha Kite App |
Groww App |
AxisDirect Ring Mobile App |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android Zerodha Kite App Download |
Android Groww App Download |
Android AxisDirect Ring Mobile App Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
Yes |
| iOS App Download |
iOS Zerodha Kite 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 Zerodha |
Equity Intraday and Delivery Brokerage Calculator for Groww |
Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for Zerodha |
Futures Brokerage Calculator for Groww |
Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator |
Option Brokerage Calculator for Zerodha |
Option Brokerage Calculator for Groww |
Option Brokerage Calculator for AxisDirect |
| Detail |
Detail on Trading Platforms for Zerodha |
Detail on Trading Platforms for Groww |
Detail on Trading Platforms for AxisDirect |
|
Zerodha |
Groww |
AxisDirect |
|
162 Customer reviews Rate |
14 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
4.0 |
4.2 |
0.8 |
| Trading Brokerage Rating |
4.4 |
3.6 |
0.6 |
| Trading Platform Usability |
3.7 |
3.9 |
0.9 |
| Customer Service Ratings |
3.8 |
3.4 |
0.8 |
| Overall Rating |
3.9 |
4.0 |
0.7 |
| Broker Rating |
Zerodha is Rated 3.9 / 5 based on 162 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 |
Zerodha |
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 |
Yes |
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 |
Yes |
Yes |
Yes |
| PMS Service |
No |
No |
No |
| Other Investment Options |
NIL |
NIL |
NIL |
| MTF Compare |
Zerodha |
Groww |
AxisDirect |
| MTF Leverage |
Upto 5x leverage on 1300+ stocks |
Upto 4x leverage with MTF |
– |
| MTF Interest Rate |
0.04% per day (14.6% per annum) |
0.041% per day (14.95% per annum) |
– |
| MTF Segment |
Equity Delivery (NSE) |
Equity Delivery |
– |
| MTF Pledge Charges |
₹15 per ISIN |
₹20 per order |
– |
| MTF Unpledged Charges |
₹15 per ISIN |
₹20 per order |
– |
| Maximum MTF Funding |
₹50 crore per account |
NA |
– |
| API Compare |
Zerodha |
Groww |
AxisDirect |
| API Type |
Trading API Market Data API (Websocket API) Historical Data API Publisher API |
Trading APIs Portfolio API Ordering API Live Data API Smart Order API Historical Data APIs |
– |
| API Charges |
Kite Connect API: Rs 500 per month Personal: Free |
₹499/month |
– |
| Customer Service Compare |
Zerodha |
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 |
Yes |
No |
Yes |
| Customer Care Number |
"+ 91 80 4040 2020" |
9108800604 |
022-61480808 |
| Account Opening Process |
Online/Paperless |
Online |
Online |
| Customer Support Email |
[email protected] |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://zerodha.com/varsity/ |
https://groww.in/digest |
https://simplehai.axisdirect.in/learn/overview |
| Head Office Address |
Zerodha Headquater#153/154 4th Cross Dollars Colony,Opp. Clarence Public School,J.P Nagar 4th Phase,Bangalore – 560078 |
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://zerodha.com/ |
https://groww.in/ |
https://simplehai.axisdirect.in |
|
Zerodha |
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 |
No |
No |
Yes |
|
Zerodha |
Groww |
AxisDirect |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
81600 |
88700 |
49200 |
| Demat Account Annual Maintenance Charges(AMC) |
₹300 pa |
Zero |
₹500 pa |
| Advance Deposit |
Nil |
Nil |
Nil |
| Statutory charges |
₹50 |
Legal Charges |
Nil |
| Transaction Charges on Debit (Per ISIN) |
₹8 + ₹5.50 (CDSL Charges) per transaction |
₹8 + ₹5.50 CDSL charges |
₹10 |
| Demat |
₹150 per certificate + ₹100 courier charges |
₹150 per certificate + courier charges |
₹3 per certificate |
| Remat |
₹150 per certificate + ₹100 courier charges + CDSL Charges |
₹150 per certificate + courier charges |
₹10 for every hundred securities (Min ₹10) |
| Pledge Creation |
₹20 + ₹12 CDSL charges |
₹20 + Rs. 12 per request (CDSL Charges) |
₹25 |
| Pledge Creation Confirmation |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
₹25 |
| Pledge Closure |
₹20 + ₹12 CDSL charges |
₹20 + Rs. 12 per request (CDSL Charges) |
₹25 |
| Pledge Closure Confirmation |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
₹25 |
| Pledge Invocation |
₹20 |
₹20 + Rs. 12 per request (CDSL Charges) |
Nil |
| Failed Instruction Charges |
₹50 per instraction |
₹50 |
Nil |
| Other Charges |
Nil |
Nil |
Nil |
|
Zerodha |
Groww |
AxisDirect |
| Likes |
Enjoys a credible brand reputation Multiple products: Equity, F&O, IPO, MF, Bonds, G-secs, Cost-effective trading with flat fee and free investment in stocks, IPO, and mutual funds Hassle-free account opening Single margin account to trade in equity and commodity Zero minimum balance required in the Zerodha trading account Technologically advanced trading platforms and tools at no additional cost Add-on features like GTT order, alert trigger order, trade from charts, etc. Margin Trading Facility (MTF) Debt-free company 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 |
Zerodha does not offer trading tips, research and advisory services. Software glitches in kite happen certain times. Zero brokerage unlimited trading plan is not offered. 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 Zerodha for InvestorGain Visitors: 🆓 Free Account Opening 📈 Free Delivery Trading 💹 Max ₹20 per Order Brokerage on Intraday, F&O, Commodities & Currency 💰 Free Direct Mutual Funds & IPO Investment 📱 Kite & Coin – #1 Trading Platform & Mobile App 🚀 Open Instant Zerodha Account |
🎁 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 Zerodha Account Now |
Open Groww Account Now |
|
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