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AxisDirect Vs Groww Vs Paytm Money: Which one is better?

The brokerage of AxisDirect ranges between 0.05% to 0.5%, the brokerage of Groww ranges between Rs 20, while the brokerage of Paytm Money ranges between Rs 20. The broker Groww and Paytm Money are a discount brokers where AxisDirect is a full service broker. Overall rating for AxisDirect is 3.5, Groww is rated 4, Paytm Money is rated 4 out of 5.

Here we present side-by-side comparison of AxisDirect vs Groww vs Paytm Money stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared AxisDirect vs Groww vs Paytm Money on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better AxisDirect vs Groww vs Paytm Money in this setion with 360 degree view of broker information.

Compare AxisDirect vs Groww vs Paytm Money on Service

  AxisDirect Compare
AxisDirect
Groww Compare
Groww
Paytm Money Compare
Paytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE NSE, BSE NSE, BSE
Broker Overview 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... Know more about AxisDirect 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...Know more about Groww In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... Know more about Paytm Money
Broker Enquiry Request call back from Zerodha Request call back from Paytm Money Request call back from Zerodha
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Account Opening Charges and AMC

Compare AxisDirect vs Groww vs Paytm Money on Trading & Demat Account Opening Charges

In this section we have compared AxisDirect vs Groww vs Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Groww and Paytm Money offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - AxisDirect charges Rs 750 PA (Free for 1st year) as AMC for Demat account, Groww charges Free AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare AxisDirect vs Groww vs Paytm Money
Charges AxisDirect Groww Paytm Money
Trading Account Opening Fees Rs 999 Free Free
Trading AMC Free Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free Free
Demat AMC Rs 750 PA (Free for 1st year) Free Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare AxisDirect vs Groww vs Paytm Money on Plan Options

Plans are the most important feature you look when compare AxisDirect vs Groww vs Paytm Money. This section copare on high level about type of plans offered by brokers. Miltiple Plans - AxisDirect offers Multiple Plans where Groww and Paytm Money doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare AxisDirect vs Groww vs Paytm Money on Plan Options
Plan Types AxisDirect Groww Paytm Money
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Paytm Money Zerodha
Account Opening Request
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Brokerage Charges

Compare AxisDirect vs Groww vs Paytm Moneyon Brokerage Charges

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

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

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare AxisDirect vs Groww vs Paytm Money
Brokerage Charges Compare AxisDirect Groww Paytm Money
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Flat Brokerage Plan Flat Brokerage Plan
Equity Delivery 0.50% (Each leg) 0.05% or Rs 20 whichever is lower 2.5% or Rs 20 whichever is lower
Equity Intraday 0.05% (Each leg) 0.05% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures 0.05% (Each leg) Flat Fee Rs 20 0.02% or Rs 20 whichever is lower
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.05% (Each Leg) Not Available NA
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p Not Available NA
Commodity Trading Futures: 0.03% (Each leg)| Options: Rs. 50 per lot Not Available NA
Minimum Brokerage
Hidden Charges No Info Not Available
Call & Trade Charges Free 20 calls per month, and after Rs. 20 per order Rs 50 Per Executable Order Rs 100/order +GST
Auto Square off Charges 20 calls Free and after that Rs 20 per call Rs 50 Per Executable Order Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for AxisDirect Brokerage Calculator for Groww Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare AxisDirect vs Groww vs Paytm Money on Transaction Charges

Compare AxisDirect vs Groww vs Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare AxisDirect vs Groww vs Paytm Money
Transaction Charges Compare AxisDirect Groww Paytm Money
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA NA
Brokerage Charges Complete Brokerage Plans for axisdirect Complete Brokerage Plans for groww Complete Brokerage Plans for paytm-money
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Account Features

Compare AxisDirect vs Groww vs Paytm Money on Account Features

Compare AxisDirect vs Groww vs Paytm Money 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 and Paytm Money offers only 2-in-1 account which includes trading and demat account. Margin Funding - AxisDirect and Groww offers margin funding where Paytm Money doesn't offers margin funding. NRI Trading - AxisDirect offers NRI Trading where Groww and Paytm Money doesn't offers NRI Trading.

Account Features - AxisDirect vs Groww vs Paytm Money
Account Features Compare AxisDirect Groww Paytm Money
3 in 1 Account Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No AxisDirect have 2-in-1 account. Only Demate and Trading account. No Paytm Money have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No No
SMS Alerts Yes No No
Online Demo Yes No No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes No No
Intraday Square-off Time 2:45 PM 3:10 PM 3:10 PM
NRI Trading Yes No No
Other Features NIL NIL NIL
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Trading Platform

Compare AxisDirect vs Groww vs Paytm Moneyon Trading Platform

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

Trading Platform - Compare AxisDirect vs Groww vs Paytm Money
Trading Platform Compare AxisDirect Groww Paytm Money
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://login.axisdirect.in/

Yes

Paytm Money Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App AxisDirect Ring Mobile App Groww App Paytm Money App
Mobile Trading App Demo AxisDirect Ring Mobile App Demo Groww App Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod AxisDirect Ring Mobile App Download Andriod Groww App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS AxisDirect Ring Mobile App Download iOS Groww App Download iOS Paytm Money App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for AxisDirect Equity Intraday and Delivery Brokerage Calculator for Groww Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for AxisDirect Futures Brokerage Calculator for Groww Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for AxisDirect Options Brokerage Calculator for Groww Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for axisdirect Detail on Trading Platforms for groww Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare AxisDirect vs Groww vs Paytm Money on User Rating

  AxisDirect Groww Paytm Money
  20 Customer Reviews    Rate AxisDirect 20 Customer Reviews    Rate Groww 20 Customer Reviews    Rate Paytm Money
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating AxisDirect is Rated 0.7 / 5 based on 20 customer reviews Groww is Rated 1.7 / 5 based on 20 customer reviews Paytm Money is Rated 0.9 / 5 based on 20 customer reviews
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Investment Offerings

Compare AxisDirect vs Groww vs Paytm Money on Investment Offerings

Compare AxisDirect vs Groww vs Paytm Money 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - AxisDirect offers Commodity Trading where Groww and Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare AxisDirect vs Groww vs Paytm Money
Investment Offerings Compare AxisDirect Groww Paytm Money
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes No No
Commodity Yes No No
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes No No
ETF Yes Yes Yes
Banking Yes No No
Insurance Yes No Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes No Yes
PMS Service No No No
Other Investment Options NIL NIL
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Customer Service Offered

Compare AxisDirect vs Groww vs Paytm Money on Customer Service

Compare AxisDirect vs Groww vs Paytm Money on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare AxisDirect vs Groww vs Paytm Money
Customer Service Compare AxisDirect Groww Paytm Money
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes No
Phone Support Yes Yes No
Toll Free Number Yes No No
Through Branches Yes No No
Customer Care Number 022-61480808 9108800604 NA
Account Opening Process Online Online Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://simplehai.axisdirect.in/learn/overview https://groww.in/academy https://www.paytmmoney.com/care
Head Office Address Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website https://simplehai.axisdirect.in https://groww.in/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare AxisDirect vs Groww vs Paytm Money on Research Reports, Tips

Compare AxisDirect vs Groww vs Paytm Money on research reports and tips provided by broker.

Research Reports - Compare AxisDirect vs Groww vs Paytm Money
  AxisDirect Groww Paytm Money
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No No
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Demat Account

Compare AxisDirect vs Groww vs Paytm Money on Demat Account

Compare AxisDirect vs Groww vs Paytm Money on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare AxisDirect vs Groww vs Paytm Money
  AxisDirect Groww Paytm Money
DP Source CDSL CDSL CDSL
DP ID 49200 88700 88800
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Zero Zero
Advance Deposit Nil Nil Nil
Statutory charges Nil Legal Charges Nil
Transaction Charges on Debit (Per ISIN) ₹10 ₹8 + ₹5.50 CDSL charges ₹10 per ISIN
Demat ₹3 per certificate ₹150 per certificate + courier charges ₹250 per 100 shares
Remat ₹10 for every hundred securities (Min ₹10) ₹150 per certificate + courier charges ₹250 per 100 shares
Pledge Creation ₹25 ₹20 + Rs. 12 per request (CDSL Charges) ₹32 per ISIN
Pledge Creation Confirmation ₹25 ₹20 + Rs. 12 per request (CDSL Charges) Nil
Pledge Closure ₹25 ₹20 + Rs. 12 per request (CDSL Charges) ₹32 per ISIN
Pledge Closure Confirmation ₹25 ₹20 + Rs. 12 per request (CDSL Charges) Nil
Pledge Invocation Nil ₹20 + Rs. 12 per request (CDSL Charges) ₹32 per ISIN
Failed Instruction Charges Nil ₹50 Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare AxisDirect vs Groww vs Paytm Money on Special Offers and Promotion

Compare AxisDirect vs Groww vs Paytm Money on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare AxisDirect vs Groww vs Paytm Money on Special Offers and Promotion
  AxisDirect Groww Paytm Money
Likes
  • 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...

  • 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...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

Detail Review...

Dislikes
  • 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...

  • 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...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

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.
Enquire for AxisDirect Enquire for Groww Enquire for Paytm Money

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