FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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AxisDirect Vs ProStocks Vs Groww: Which one is better?

The brokerage of AxisDirect ranges between 0.05% to 0.5%, the brokerage of ProStocks ranges between Rs 15, while the brokerage of Groww ranges between Rs 20. The broker ProStocks and Groww are a discount brokers where AxisDirect is a full service broker. Overall rating for AxisDirect is 3.5, ProStocks is rated 4, Groww is rated 4 out of 5.

Here we present side-by-side comparison of AxisDirect vs ProStocks vs Groww 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 ProStocks vs Groww 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 ProStocks vs Groww in this setion with 360 degree view of broker information.

Compare AxisDirect vs ProStocks vs Groww on Service

  AxisDirect Compare
AxisDirect
ProStocks Compare
ProStocks
Groww Compare
Groww
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 Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an...Know more about ProStocks 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
Broker Enquiry Request call back from Zerodha Request call back from ProStocks Request call back from Zerodha
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Account Opening Charges and AMC

Compare AxisDirect vs ProStocks vs Groww on Trading & Demat Account Opening Charges

In this section we have compared AxisDirect vs ProStocks vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks and Groww 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, ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare AxisDirect vs ProStocks vs Groww
Charges AxisDirect ProStocks Groww
Trading Account Opening Fees Rs 999 Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 750 PA (Free for 1st year) Rs 0 (Rs 1000 Refundable Deposit) Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare AxisDirect vs ProStocks vs Groww on Plan Options

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

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

Account Opening

  Zerodha ProStocks Zerodha
Account Opening Request
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Brokerage Charges

Compare AxisDirect vs ProStocks vs Growwon Brokerage Charges

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

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

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

Brokerage Charges - Compare AxisDirect vs ProStocks vs Groww
Brokerage Charges Compare AxisDirect ProStocks Groww
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Flat Fee Rs 15 Trading Plan Flat Brokerage Plan
Equity Delivery 0.50% (Each leg) Free 0.05% or Rs 20 whichever is lower
Equity Intraday 0.05% (Each leg) Flat Fee Rs 15 0.05% or Rs 20 whichever is lower
Equity Futures 0.05% (Each leg) Flat Fee Rs 15 Flat Fee Rs 20
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures 0.05% (Each Leg) Flat Fee Rs 15 Not Available
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p Flat Fee Rs 15 Not Available
Commodity Trading Futures: 0.03% (Each leg)| Options: Rs. 50 per lot NA Not Available
Minimum Brokerage NA
Hidden Charges No No
Call & Trade Charges Free 20 calls per month, and after Rs. 20 per order Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 50 Per Executable Order
Auto Square off Charges 20 calls Free and after that Rs 20 per call Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for AxisDirect Brokerage Calculator for ProStocks Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare AxisDirect vs ProStocks vs Groww on Transaction Charges

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

Transaction Charges - Compare AxisDirect vs ProStocks vs Groww
Transaction Charges Compare AxisDirect ProStocks Groww
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 prostocks Complete Brokerage Plans for groww
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Account Features

Compare AxisDirect vs ProStocks vs Groww on Account Features

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

Account Features - AxisDirect vs ProStocks vs Groww
Account Features Compare AxisDirect ProStocks Groww
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 Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes No
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes No Yes
Margin Trading Funding Available Yes No Yes
Combined Ledger for Equity and Commodity Yes No No
Intraday Square-off Time 2:45 PM 3:15PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare AxisDirect vs ProStocks vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w AxisDirect vs ProStocks vs Groww. 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 ProStocks vs Groww
Trading Platform Compare AxisDirect ProStocks Groww
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://login.axisdirect.in/

https://www.prostocksweb.com/

Yes

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App AxisDirect Ring Mobile App Star ProStocks Groww App
Mobile Trading App Demo AxisDirect Ring Mobile App Demo Star ProStocks Demo Groww App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod AxisDirect Ring Mobile App Download Andriod Star ProStocks Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS AxisDirect Ring Mobile App Download iOS Star ProStocks Download iOS Groww App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for AxisDirect Equity Intraday and Delivery Brokerage Calculator for ProStocks Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for AxisDirect Futures Brokerage Calculator for ProStocks Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for AxisDirect Options Brokerage Calculator for ProStocks Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for axisdirect Detail on Trading Platforms for prostocks Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare AxisDirect vs ProStocks vs Groww on User Rating

  AxisDirect ProStocks Groww
  20 Customer Reviews    Rate AxisDirect 20 Customer Reviews    Rate ProStocks 20 Customer Reviews    Rate Groww
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 ProStocks is Rated 0.9 / 5 based on 20 customer reviews Groww is Rated 1.7 / 5 based on 20 customer reviews
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Investment Offerings

Compare AxisDirect vs ProStocks vs Groww on Investment Offerings

Compare AxisDirect vs ProStocks vs Groww 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 ProStocks and Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - AxisDirect and Groww offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

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

Compare AxisDirect vs ProStocks vs Groww on Customer Service

Compare AxisDirect vs ProStocks vs Groww 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 ProStocks vs Groww
Customer Service Compare AxisDirect ProStocks Groww
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No No
Customer Care Number 022-61480808 +91-2262-434343 9108800604
Account Opening Process Online Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://simplehai.axisdirect.in/learn/overview https://www.prostocks.com/faq.html https://groww.in/academy
Head Office Address Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://simplehai.axisdirect.in https://www.prostocks.com https://groww.in/
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Tips/Research/Reports Published

Compare AxisDirect vs ProStocks vs Groww on Research Reports, Tips

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

Research Reports - Compare AxisDirect vs ProStocks vs Groww
  AxisDirect ProStocks Groww
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 ProStocks vs Groww on Demat Account

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

Demat Charges - Compare AxisDirect vs ProStocks vs Groww
  AxisDirect ProStocks Groww
DP Source CDSL CDSL CDSL
DP ID 49200 83200 88700
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Free (₹1000 Refundable Deposit) Zero
Advance Deposit Nil 1000/- Refundable Deposit against charges Nil
Statutory charges Nil Nil Legal Charges
Transaction Charges on Debit (Per ISIN) ₹10 ₹20 per ISIN ₹8 + ₹5.50 CDSL charges
Demat ₹3 per certificate ₹50 per set up + ₹50 courier charges ₹150 per certificate + courier charges
Remat ₹10 for every hundred securities (Min ₹10) ₹50 per set up + ₹50 courier charges ₹150 per certificate + courier charges
Pledge Creation ₹25 ₹50 ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation ₹25 Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure ₹25 ₹50 ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation ₹25 Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation Nil ₹50 ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil ₹50 per transaction ₹50
Other Charges
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Special Offers,Advantages,Disadvantages

Compare AxisDirect vs ProStocks vs Groww on Special Offers and Promotion

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

Compare AxisDirect vs ProStocks vs Groww on Special Offers and Promotion
  AxisDirect ProStocks Groww
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...

  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

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...

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...

  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

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...

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. ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
Enquire for AxisDirect Enquire for ProStocks Enquire for Groww

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