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The brokerage of AxisDirect ranges between 0.05% to 0.5%, the brokerage of Upstox ranges between Rs 20, while the brokerage of Groww ranges between Rs 20. The broker Upstox and Groww are a discount brokers where AxisDirect is a full service broker. Overall rating for AxisDirect is 3.5, Upstox is rated 4.5, Groww is rated 4 out of 5.
Here we present side-by-side comparison of AxisDirect vs Upstox 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 Upstox 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 Upstox vs Groww in this setion with 360 degree view of broker information.
 AxisDirect |
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| Broker Type | Full Service Broker | Discount Broker | Discount Broker |
| Exchanges Supported | NSE, BSE | NSE, BSE, MCX | 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...  |
Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. | 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... |
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In this section we have compared AxisDirect vs Upstox vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - AxisDirect charges Rs 999 for account opening, Upstox charges Promotion offer: Free for account opeing, and Groww charges Free for account opeing. Demat AMC charges - AxisDirect charges Rs 750 PA (Free for 1st year) as AMC for Demat account, Upstox charges Free AMC for Demat account, where Groww charges Free AMC for Demat account.
| Charges | AxisDirect | Upstox | Groww |
|---|---|---|---|
| Trading Account Opening Fees | Rs 999 | Promotion offer: Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 750 PA (Free for 1st year) | Free | Free |
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Plans are the most important feature you look when compare AxisDirect vs Upstox vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - AxisDirect offers Multiple Plans where Upstox and Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | AxisDirect | Upstox | Groww |
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| Upstox | Zerodha | Zerodha | |
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| Account Opening Request |
AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.
Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.
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 | Upstox | Groww |
|---|---|---|---|
| Plan Name | Fixed Brokerage Trading Plan (Percentage Based) | Max Rs 20 Per Order Trading Plan | Flat Brokerage Plan |
| Equity Delivery | 0.50% (Each leg) | 2.5% or Rs 20 whichever is lower | 0.05% 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) | 0.05% or Rs 20 whichever is lower | Flat Fee Rs 20 |
| 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) | 0.05% or Rs 20 whichever is lower | Not Available |
| Currency Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p | Flat Fee Rs 20 | Not Available |
| Commodity Trading | Futures: 0.03% (Each leg)| Options: Rs. 50 per lot | Flat Fee Rs 20 | Not Available |
| Minimum Brokerage | |||
| Hidden Charges | No | Info Not Available | |
| Call & Trade Charges | Free 20 calls per month, and after Rs. 20 per order | Rs 50 + 18% GST | Rs 50 Per Executable Order |
| Auto Square off Charges | 20 calls Free and after that Rs 20 per call | Rs 50 + 18% GST | Rs 50 Per Executable Order |
| Brokerage Calculator | Brokerage Calculator for AxisDirect | Brokerage Calculator for Upstox | Brokerage Calculator for Groww |
Compare AxisDirect vs Upstox vs Groww on transaction charges and PCM fee by segment.
| Transaction Charges Compare | AxisDirect | Upstox | Groww |
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| 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 | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | NA | |
| Brokerage Charges | Complete Brokerage Plans for axisdirect | Complete Brokerage Plans for upstox | Complete Brokerage Plans for groww |
Compare AxisDirect vs Upstox vs Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect and Upstox offers 3-in-1 Account where Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - AxisDirect offers NRI Trading where Upstox and Groww doesn't offers NRI Trading.
| Account Features Compare | AxisDirect | Upstox | Groww |
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| 3 in 1 Account | |
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| SMS Alerts | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 2:45 PM | 3:15PM | 3:10 PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w AxisDirect vs Upstox 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.
| AxisDirect | Upstox | Groww | ||
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20 Customer Reviews
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12 Customer Reviews
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20 Customer Reviews
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| Fees Ratings | ||||
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| Trading Platform Usability | ||||
| Customer Service Ratings | ||||
| Overall Ratings | ||||
| Broker Rating | AxisDirect is Rated 0.7 / 5 based on 20 customer reviews | Upstox is Rated 3.7 / 5 based on 12 customer reviews | Groww is Rated 1.7 / 5 based on 20 customer reviews |
Compare AxisDirect vs Upstox 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 and Upstox offers Commodity Trading where Groww 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 | Upstox | Groww |
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| Other Investment Options | NIL | NIL | NIL |
Compare AxisDirect vs Upstox 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 Service Compare | AxisDirect | Upstox | Groww |
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| Customer Care Number | 022-61480808 | +91 22 6130 9999 | 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://upstox.com/help-center/ | https://groww.in/academy |
| Head Office Address | Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website | https://simplehai.axisdirect.in | https://upstox.com/ | https://groww.in/ |
Compare AxisDirect vs Upstox vs Groww on research reports and tips provided by broker.
| AxisDirect | Upstox | Groww | |
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| Research Mutual Funds | |
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Compare AxisDirect vs Upstox vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details
| AxisDirect | Upstox | Groww | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 49200 | 81800 | 88700 |
| Demat Account Annual Maintenance Charges(AMC) | ₹500 pa | ₹300 PA | Zero |
| Advance Deposit | Nil | NIL | Nil |
| Statutory charges | Nil | Nil | Legal Charges |
| Transaction Charges on Debit (Per ISIN) | ₹10 | ₹13 + ₹5.50 CDSL charges | ₹8 + ₹5.50 CDSL charges |
| Demat | ₹3 per certificate | ₹20 + ₹50 courier charges | ₹150 per certificate + courier charges |
| Remat | ₹10 for every hundred securities (Min ₹10) | ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) | ₹150 per certificate + courier charges |
| Pledge Creation | ₹25 | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation | ₹25 | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure | ₹25 | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure Confirmation | ₹25 | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Invocation | Nil | 0.05% of the transaction value (Min ₹50) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Failed Instruction Charges | Nil | ₹50 | ₹50 |
| Other Charges |
Compare AxisDirect vs Upstox vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| AxisDirect | Upstox | Groww | |
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| Likes |
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Before you open an Upstox account, check out the advantages on why to trade with Upstox.
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There are some setbacks or disadvantages also while trading with Upstox;
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| 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. | Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs | |
| Enquire for AxisDirect | Enquire for Upstox | Enquire for Groww |
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