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Comparision (Groww VS Axis Direct)

 

Groww Vs Axis Direct

Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Axis Direct
Axis Direct is a full service Broker. Axis Direct Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Groww Vs Axis Direct - Broker Details

Groww Axis Direct
Single Margin Facility
Year of Incorporation 2016 2011
Exchanges NSE and BSE. BSE, NSE, MCX and NCDEX
Branches Zero 2500+
Brokerage ₹20/ Order 0.05%
Broker Type Discount Broker Full Service Broker

Groww Vs Axis Direct - Account Opening & AMC Charges

Groww Axis Direct
Trading Account Opening Charge ₹0 (Free) ₹900/-
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹750/-
Trading Account AMC ₹0 (Free) ₹0 (Free)

Groww Vs Axis Direct - Brokerage charges & Plans

Groww Axis Direct
Commodity Futures N/A 0.03%
Currency Futures N/A 0.05%
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1%
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹10/ Order
Commodity Options N/A ₹50/ Lot
Equity Futures ₹20/ Order or 0.05% (whichever is lower) Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01%
Currency Options N/A ₹10/ Order
Fixed Charges ₹20/ Order N/A
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.05%

Groww Vs Axis Direct - Other Charges

Groww Axis Direct
RMS Square Off Charge ₹50/ Order Intraday:- ₹0/- | Carry forward:- ₹10/Lot
API Charges ₹0 (Free) N/A
Call & Trade Charges N/A ₹20/ Call (20th call/ Month)
Other Brokerage Charges ₹20/ Order or 0.05% 0.05%
Minimum Brokerage ₹20/ Order 0.05%

Groww Vs Axis Direct - Transaction Charges

Groww Axis Direct
Currency Options N/A ₹5000/Cr (0.05%) (on premium)
Equity Futures NSE:- 0.002% NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side)
Equity Intraday NSE:- 0.00345% | BSE:- 0.00345% NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side)
Equity Options NSE:- 0.053% on premium NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium)
Commodity N/A N/A
Currency Futures N/A ₹190/Cr (0.0019%)
Equity Delivery NSE:- 0.00345% | BSE:-0.00345% NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side)

Groww Vs Axis Direct - Margin (Exposure)

Groww Axis Direct
Equity Options 1x 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x 5x (Up to 20% of trade value)
Currency Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x 1x (100% of NRML margin (Span + Exposure)

Groww Vs Axis Direct - Features

Groww Axis Direct
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor
SMS Alerts for Trades
Direct Mutual Fund

Groww Vs Axis Direct - Review & Rating

Groww Axis Direct
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Groww Vs Axis Direct - Request a call back from Broker

Groww Axis Direct

Groww Vs Axis Direct - Investment Options

Groww Axis Direct
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Groww Vs Axis Direct - Order Type

Groww Axis Direct
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Groww Vs Axis Direct - Research & Report

Groww Axis Direct
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Groww Vs Axis Direct - Daily Market Report

Groww Axis Direct
Daily Market Reports & News

Groww Vs Axis Direct - Suitable For Investor

Groww Axis Direct
Casual Investor
Active Investor
Trader

Groww Vs Axis Direct - Pros & Cons

Groww Axis Direct
Pros 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. 1.It offers three in one account that enables the smooth transfer of funds. 2.It provides elaborated research and reports. 3.It provides various trading software that has very quick and high performance. 4. It provides personal guidance from the experts. 5. It has excellent trading platforms.
Cons 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. 1.They charge high for brokerage, account opening and even Annual Maintenance charges. 2. The exposure provided by the broker is the least. 3. There is no support for the commodity segment. 4. It charges fees for the trading terminal and charges a nominal fee on monthly basis.

Groww Vs Axis Direct - Background

Groww Axis Direct

Groww Vs Axis Direct - Compare All Brokers

Groww Axis Direct

Groww Vs Axis Direct - STT/CTT

Groww Axis Direct
Commodity Futures N/A 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the sell side
Equity Options 0.05% only on sell 0.05% on sell side (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on buy & sell
Equity Futures 0.01% only on sell 0.01% on sell side
Commodity Options N/A 0.05% on sell side

Groww Vs Axis Direct - Demat transaction charges

Groww Axis Direct
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹5/Certificate or ₹50/Request, whichever is higher

Groww Vs Axis Direct - GST

Groww Axis Direct
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction Charge + SEBI Fee)

Groww Vs Axis Direct - SEBI Charges

Groww Axis Direct
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Groww Vs Axis Direct - Account Opening & AMC Charges

Groww
Axis Direct
Trading Account Opening Charge
₹0 (Free)
₹900/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹750/-
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account

Groww Vs Axis Direct

Groww Axis Direct
 

Groww Review | Brokerage Charges, Account Opening


Groww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application ..
+ " Vs "+ Axis Direct
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Axis Direct Reviews

Axis Securities Limited is a full-service broker that is a part of Axis bank, Which is a leading private bank in India. Online Axis directs its services and various other trading financial products to the retail customers in India through Axis Direct brand. Axis direct is NSDL or CDSL participant and ranked among the top stock brokers in India with more than 4.2 lakhs active customer ..
Read more..
 
 

Axis Direct
Axis Direct is a full service Broker. Axis Direct Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Groww Vs Axis Direct - Brokerage charges & Plans

Groww Axis Direct
Commodity Futures N/A 0.03%
Currency Futures N/A 0.05%
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1%
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹10/ Order
Commodity Options N/A ₹50/ Lot
Equity Futures ₹20/ Order or 0.05% (whichever is lower) Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01%
Currency Options N/A ₹10/ Order
Fixed Charges ₹20/ Order N/A
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.05%
Call Back Open Account

Groww Vs Axis Direct - Margin (Exposure)

Groww Axis Direct
Equity Options 1x 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x 5x (Up to 20% of trade value)
Currency Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Groww Vs Axis Direct - Other Charges

Groww Axis Direct
RMS Square Off Charge ₹50/ Order Intraday:- ₹0/- | Carry forward:- ₹10/Lot
API Charges ₹0 (Free) N/A
Call & Trade Charges N/A ₹20/ Call (20th call/ Month)
Other Brokerage Charges ₹20/ Order or 0.05% 0.05%
Minimum Brokerage ₹20/ Order 0.05%

Groww Vs Axis Direct - STT/CTT

Groww Axis Direct
Commodity Futures N/A 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the sell side
Equity Options 0.05% only on sell 0.05% on sell side (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on buy & sell
Equity Futures 0.01% only on sell 0.01% on sell side
Commodity Options N/A 0.05% on sell side

Groww Vs Axis Direct - Demat transaction charges

Groww Axis Direct
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹5/Certificate or ₹50/Request, whichever is higher

Groww Vs Axis Direct - GST

Groww Axis Direct
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction Charge + SEBI Fee)

Groww Vs Axis Direct - SEBI Charges

Groww Axis Direct
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Groww Vs Axis Direct - Features

Groww Axis Direct
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Groww

Axis Direct