Groww vs Axis Direct – Compare Charges, Trading Features, Offers & more

Find a Comparison of Groww vs Axis Direct here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Groww and Axis Direct.

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Groww vs Axis Direct – Company Overview

Company Overview Groww Axis Direct
Company Type Private Private
Headquarters Bangalore Mumbai
Founder Lalit Keshre Arun Thukral
Establishment Year 2016 2011

Compare the Brokerage of Groww and Axis Direct

Brokerage Groww Axis Direct
Brokerage Plan Standard Plan Standard Plan
Subscription Charges Zero Zero
Equity Delivery Rs.20 per Trade or 0.05% (whichever is low) 0.5% of Transaction Value
Equity Intraday Rs.20 per Trade or 0.05% (whichever is low) 0.05% of Transaction Value
Equity Future Rs.20 per Trade or 0.05% (whichever is low) 0.05% of Transaction Value
Equity Option Rs.20 per Trade Rs.10 per Trade
Commodity Future NA 0.05% of Transaction Value
Commodity Option NA Rs.10 per Trade
Currency Future NA NA
Currency Option NA NA

Groww vs Axis Direct – Trading Platforms

Trading Platforms Groww Axis Direct
Android App Groww Android App Link Axis Securities Android App Link
iOS App Groww iOS App Link Axis Securities iOS App Link
Web Trading Platform Groww Web Trading Link Axis Securities Web Trading Link
Trading Terminal NA Available
Algo Trading Platform NA NA
Foreign Stocks Trading Platform NA NA
Basket Trading Platform NA NA
Mutual Fund Investment Platform Available Available
Digital Gold Investment Platform NA Available
Bonds Investment Platform NA Available

Comparison of Groww and Axis Direct – Trading Features

Trading Features Groww Axis Direct
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes Yes
Research Reports No Yes
Global indices No No
Customised Recommendations No Yes
Stock tips No Yes
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management No Yes
Robust & Secure Platform Yes Yes

Compare Groww vs Axis Direct Offers

Offers Groww Axis Direct
Free Account Opening Yes Yes
Free AMC Yes No
Free Brokerage No No
Flat Brokerage Yes Yes, Limited
Flexible Brokerage Plans No Yes
Happy Trading Hours No No
Free Delivery Trading No No
Free Intraday Trading No No
Free F&O Trading No No
Free Research Reports No Yes
Free Trading calls No Yes
Referral Offers Rs.300 per Client Upto Rs.500 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

Groww vs Axis Direct – Products Provided

Products Provided Groww Axis Direct
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option No Yes
Commodity Future No Yes
Currency Option No No
Currency Future No No
Foreign Stocks No No
Mutual Funds Yes Yes
Banking No Yes
Insurance No Yes
Corporate Bonds No Yes
Govt. Bonds No Yes
Digital Gold No Yes

Groww vs Axis Direct – Services Provided

Services Provided Groww Axis Direct
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes Yes
3 in 1 Account No Yes
Stock Research No Yes
Stock Recommendations No Yes
Trading Institution No Yes, Learn
Share Pledging Yes Yes
PMS or PCG No Yes
NRI Services No Yes

Compare Groww and Axis Direct Advisory

Advisory Groww Axis Direct
Fundamental Reports No Yes
Research Reports No Yes
Company Reports No Yes
Annual Reports No Yes
IPO Reports No Yes
Technical Reports No Yes
Stock Tips No Yes
Daily Top Stock Picks No Yes
Daily Market Review No Yes
Monthly Review No Yes
Weekly Review No Yes
Relationship Manager No Yes
Robo Advisory No No

Comparison of Groww and Axis Direct Exposure

Exposure Groww Axis Direct
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1x
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Compare Programs of Groww & Axis Direct

Programs Groww Axis Direct
Sub Broker Program Yes, Limited Yes
Partner Program Yes Yes
Referral Program Yes Yes

Groww vs Axis Direct – Ratings by Finec

Ratings Groww Axis Direct
Overall Rating 9.75 / 10 8.74 / 10
Customer Support 9.71 / 10 8.70 / 10
Technology 9.87 / 10 8.84 / 10
Charges 9.79 / 10 8.77 / 10
Products & Service 9.69 / 10 8.68 / 10
Experience 9.67 / 10 8.67 / 10

Compare Customer Support of Groww and Axis Direct

Customer Support Groww Axis Direct
Trading Support NA Available, Free
Dedicated Dealer NA Available, Free
Call Support 9108800604 1800-210-0808
Email Support support@groww.in helpdesk@axisdirect.in
Whatsapp Support NA NA
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support Telegram Support Link NA
Branches / Offices NA Available

Comparison of Groww & Axis Direct Complaints

Complaints Groww Axis Direct
Total Complaints Lodged 181 76
Total Complaints Resolved 163 60
% of Resolved Complaints 90.06% 78.95%
Non Actionable Complaints 9 12
% of Non Actionable Complaints 4.97% 15.79%

Compare Demat Charges of Groww vs Axis Direct

Demat Charges Groww Axis Direct
Account Opening Charges Free Free
Annual Maintenance Charges (AMC) Free Rs.750 (Rs.350 for first year)

Groww vs Axis Direct – Compare STT & CTT

STT & CTT Groww Axis Direct
Equity Delivery 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday 0.025% on sell 0.025% on sell
Equity Future 0.0125% on sell 0.0125% on sell
Equity Option 0.0625% on sell (on premium) 0.0625% on sell (on premium)
Commodity Future NA 0.01% on sell (Non-Agri)
Commodity Option NA 0.05% on sell
Currency Future NA NA
Currency Option NA NA

Compare Stamp Duty of Groww and Axis Direct

Stamp Duty Groww Axis Direct
Equity Delivery 0.015% on buy 0.015% on buy
Equity Intraday 0.003% on buy 0.003% on buy
Equity Future 0.002% on buy 0.002% on buy
Equity Option 0.003% on buy 0.003% on buy
Commodity Future NA 0.002% on buy
Commodity Option NA 0.003% on buy
Currency Future NA NA
Currency Option NA NA

Groww vs Axis Direct – Transaction Charges

Transaction Charges Groww Axis Direct
Equity Delivery 0.00325% (NSE) & 0.00375% (BSE) 0.00335% (NSE) & As per Stock (BSE)
Equity Intraday 0.00325% (NSE) & 0.00375% (BSE) 0.00335% (NSE) & As per Stock (BSE)
Equity Future 0.0019% (NSE & BSE) 0.002% (NSE & BSE)
Equity Option 0.05% (on premium) 0.053% (on premium)
Commodity Future NA 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)
Commodity Option NA 0.05% (Non Agri)
Currency Future NA NA
Currency Option NA NA

Compare Pledge Charges of Groww & Axis Direct

Pledge Charges Groww Axis Direct
Pledge Creation Charges Free Rs.50 per Request or 0.04% of Value (whichever is higher)
Pledge Invocation Charges Rs.20 per Request Rs.50 per Request or 0.04% of Value (whichever is higher)
Interest on Margin Trading 0.045% per day 0.07% per day

Comparison of Groww and Axis Direct – Hidden Charge

Hidden Charge Groww Axis Direct
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.13.5 per Scrip only on Sell Rs.20 per Scrip only on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Free Nil
Reactivation Charges Free Rs.100
Dematerialisation Charges Not Available Rs.5 per certificate or Rs.50 per request (whichever is higher)
Call & Trade Charges Not Available Rs.25 per Trade

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