Axis Direct Vs Groww
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
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 Vs Groww - Broker Details
| Axis Direct | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2011 | 2016 |
| Exchanges | BSE, NSE, MCX and NCDEX | NSE and BSE. |
| Branches | 2500+ | Zero |
| Brokerage | 0.05% | ₹20/ Order |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Axis Direct Vs Groww - Account Opening & AMC Charges
| Axis Direct | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹900/- | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹750/- | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Axis Direct Vs Groww - Brokerage charges & Plans
| Axis Direct | Groww | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.05% | N/A |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹10/ Order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹50/ Lot | N/A |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹10/ Order | N/A |
| Fixed Charges | N/A | ₹20/ Order |
| Equity Intraday | 0.05% | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Axis Direct Vs Groww - Other Charges
| Axis Direct | Groww | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | N/A |
| Other Brokerage Charges | 0.05% | ₹20/ Order or 0.05% |
| Minimum Brokerage | 0.05% | ₹20/ Order |
| Call Back Open Account |
Axis Direct Vs Groww - Transaction Charges
| Axis Direct | Groww | |
|---|---|---|
| Currency Options | ₹5000/Cr (0.05%) (on premium) | N/A |
| Equity Futures | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) | NSE:- 0.002% |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) | NSE:- 0.053% on premium |
| Commodity | N/A | N/A |
| Currency Futures | ₹190/Cr (0.0019%) | N/A |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | NSE:- 0.00345% | BSE:-0.00345% |
| Call Back Open Account |
Axis Direct Vs Groww - Margin (Exposure)
| Axis Direct | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Call Back Open Account |
Axis Direct Vs Groww - Features
| Axis Direct | Groww | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 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 | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Axis Direct Vs Groww - Review & Rating
| Axis Direct | Groww | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Axis Direct Vs Groww - Request a call back from Broker
| Axis Direct | Groww | |
|---|---|---|
| Call Back Open Account |
Axis Direct Vs Groww - Investment Options
| Axis Direct | Groww | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account |
Axis Direct Vs Groww - Order Type
| Axis Direct | Groww | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account |
Axis Direct Vs Groww - Research & Report
| Axis Direct | Groww | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account |
Axis Direct Vs Groww - Daily Market Report
| Axis Direct | Groww | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Axis Direct Vs Groww - Suitable For Investor
| Axis Direct | Groww | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Axis Direct Vs Groww - Pros & Cons
| Axis Direct | Groww | |
|---|---|---|
| Pros | 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. | 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. |
| Cons | 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. | 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. |
| Call Back Open Account |
Axis Direct Vs Groww - Background
| Axis Direct | Groww | |
|---|---|---|
| Call Back Open Account |
Axis Direct Vs Groww - Compare All Brokers
| Axis Direct | Groww | |
|---|---|---|
| Call Back Open Account |
Axis Direct Vs Groww - STT/CTT
| Axis Direct | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
| Call Back Open Account |
Axis Direct Vs Groww - Demat transaction charges
| Axis Direct | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹13.5 Gst per scrip per day only on sell |
| Call Back Open Account |
Axis Direct Vs Groww - GST
| Axis Direct | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% ( Brokerage + Transaction charges) |
| Call Back Open Account |
Axis Direct Vs Groww - SEBI Charges
| Axis Direct | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Axis Direct Vs Groww - Account Opening & AMC Charges
Axis Direct
Groww
Trading Account Opening Charge
₹900/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹750/-
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Axis Direct Vs Groww
| Axis Direct | Groww | |
|---|---|---|
Axis Direct ReviewsAxis 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 .. + " Vs "+ Groww |
Groww Review | Brokerage Charges, Account OpeningGroww 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 .. |
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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 Vs Groww - Brokerage charges & Plans
| Axis Direct | Groww | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.05% | N/A |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹10/ Order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹50/ Lot | N/A |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹10/ Order | N/A |
| Fixed Charges | N/A | ₹20/ Order |
| Equity Intraday | 0.05% | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Axis Direct Vs Groww - Margin (Exposure)
| Axis Direct | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Call Back Open Account |
Axis Direct Vs Groww - Other Charges
| Axis Direct | Groww | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | N/A |
| Other Brokerage Charges | 0.05% | ₹20/ Order or 0.05% |
| Minimum Brokerage | 0.05% | ₹20/ Order |
Axis Direct Vs Groww - STT/CTT
| Axis Direct | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
Axis Direct Vs Groww - Demat transaction charges
| Axis Direct | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹13.5 Gst per scrip per day only on sell |
Axis Direct Vs Groww - GST
| Axis Direct | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% ( Brokerage + Transaction charges) |
Axis Direct Vs Groww - SEBI Charges
| Axis Direct | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Axis Direct Vs Groww - Features
| Axis Direct | Groww | |
|---|---|---|
| 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:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 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 | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |