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 |
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| 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 |
| Call Back Open Account |
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 - 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 - 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% |
| Call Back Open Account |
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) |
| 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 - Features
| Groww | Axis Direct | |
|---|---|---|
| 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:- 3:20pm | 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 |
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| Direct Mutual Fund |
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| Call Back Open Account |
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 | |
|---|---|---|
| Call Back Open Account |
Groww Vs Axis Direct - Investment Options
| Groww | Axis Direct | |
|---|---|---|
| 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 |
Groww Vs Axis Direct - Order Type
| Groww | Axis Direct | |
|---|---|---|
| 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 |
Groww Vs Axis Direct - Research & Report
| Groww | Axis Direct | |
|---|---|---|
| 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 |
Groww Vs Axis Direct - Daily Market Report
| Groww | Axis Direct | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Groww Vs Axis Direct - Suitable For Investor
| Groww | Axis Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
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. |
| Call Back Open Account |
Groww Vs Axis Direct - Background
| Groww | Axis Direct | |
|---|---|---|
| Call Back Open Account |
Groww Vs Axis Direct - Compare All Brokers
| Groww | Axis Direct | |
|---|---|---|
| Call Back Open Account |
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 |
| Call Back Open Account |
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 |
| Call Back Open Account |
Groww Vs Axis Direct - GST
| Groww | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Groww Vs Axis Direct - SEBI Charges
| Groww | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
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
| Groww | Axis Direct | |
|---|---|---|
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 .. + " Vs "+ Axis Direct |
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 .. |
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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% |
| Call Back Open Account |
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 |
| Call Back Open Account |
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 |
| Call Back Open Account |
Groww Vs Axis Direct - GST
| Groww | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Groww Vs Axis Direct - SEBI Charges
| Groww | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
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 |
|
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| Charting |
|
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| 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 |
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| Direct Mutual Fund |
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| Call Back Open Account |