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5paisa Vs Groww Vs AxisDirect: Which one is better?

The brokerage of 5paisa ranges between Rs 20, the brokerage of Groww ranges between Rs 20, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker 5paisa and Groww are a discount brokers where AxisDirect is a full service broker. Overall rating for 5paisa is 4, Groww is rated 4, AxisDirect is rated 3.5 out of 5.

Here we present side-by-side comparison of 5paisa vs Groww vs AxisDirect stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared 5paisa vs Groww vs AxisDirect 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 5paisa vs Groww vs AxisDirect in this setion with 360 degree view of broker information.

Compare 5paisa vs Groww vs AxisDirect on Service

  5paisa Compare
5paisa
Groww Compare
Groww
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Full Service Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE NSE, BSE
Broker Overview 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m... Know more about 5paisa 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...Know more about Groww 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... Know more about AxisDirect
Broker Enquiry Request call back from 5paisa Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare 5paisa vs Groww vs AxisDirect on Trading & Demat Account Opening Charges

In this section we have compared 5paisa vs Groww vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - 5paisa and Groww offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - 5paisa charges Rs 300 PA as AMC for Demat account, Groww charges Free AMC for Demat account, where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa vs Groww vs AxisDirect
Charges 5paisa Groww AxisDirect
Trading Account Opening Fees Free Free Rs 999
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 300 PA Free Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare 5paisa vs Groww vs AxisDirect on Plan Options

Plans are the most important feature you look when compare 5paisa vs Groww vs AxisDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - 5paisa and AxisDirect offers Multiple Plans where Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare 5paisa vs Groww vs AxisDirect on Plan Options
Plan Types 5paisa Groww AxisDirect
Multiple Plans Yes No Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  5paisa Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Groww vs AxisDirecton Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Brokerage Charges - Compare 5paisa vs Groww vs AxisDirect
Brokerage Charges Compare 5paisa Groww AxisDirect
Plan Name Basic Plan Flat Brokerage Plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery Flat Fee Rs 20 0.05% or Rs 20 whichever is lower 0.50% (Each leg)
Equity Intraday Flat Fee Rs 20 0.05% or Rs 20 whichever is lower 0.05% (Each leg)
Equity Futures Flat Fee Rs 20 Flat Fee Rs 20 0.05% (Each leg)
Equity Options Flat Fee Rs 20 Flat Fee Rs 20 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Flat Fee Rs 20 Not Available 0.05% (Each Leg)
Currency Options Flat Fee Rs 20 Not Available Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading Flat Fee Rs 20 Not Available Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage NA
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available Yes - 18% interest PA
Call & Trade Charges Rs 100 per call(No limit of orders) Rs 50 Per Executable Order Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges Rs 100 per call(No limit of orders) Rs 50 Per Executable Order 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Groww Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare 5paisa vs Groww vs AxisDirect on Transaction Charges

Compare 5paisa vs Groww vs AxisDirect on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa vs Groww vs AxisDirect
Transaction Charges Compare 5paisa Groww AxisDirect
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 Rs 260 Per Cr NA
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for groww Complete Brokerage Plans for axisdirect
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Account Features

Compare 5paisa vs Groww vs AxisDirect on Account Features

Compare 5paisa vs Groww vs AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 Account where 5paisa and 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 5paisa and Groww doesn't offers NRI Trading.

Account Features - 5paisa vs Groww vs AxisDirect
Account Features Compare 5paisa Groww AxisDirect
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. No 5paisa have 2-in-1 account. Only Demate and Trading account. Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes Yes
Algo Trading Yes No No
SMS Alerts Yes No Yes
Online Demo Yes No Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes No Yes
Intraday Square-off Time 3:15 PM 3:10 PM 2:45 PM
NRI Trading No No Yes
Other Features NIL NIL NIL
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Trading Platform

Compare 5paisa vs Groww vs AxisDirecton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa vs Groww vs AxisDirect. 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.

Trading Platform - Compare 5paisa vs Groww vs AxisDirect
Trading Platform Compare 5paisa Groww AxisDirect
Desktop Trading Platform 5paisaTradeStation Groww App Ring
Desktop Demo Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes No Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.5paisa.com/online-trading

Yes

https://login.axisdirect.in/

Web Trading Demo Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App 5paisa Mobile App Groww App AxisDirect Ring Mobile App
Mobile Trading App Demo 5paisa Mobile App Demo Info Not Available AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod Groww App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS 5paisa Mobile App Download iOS Groww App Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for Groww Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Groww Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Groww Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for groww Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare 5paisa vs Groww vs AxisDirect on User Rating

  5paisa Groww AxisDirect
  27 Customer Reviews    Rate 5paisa 8 Customer Reviews    Rate Groww 6 Customer Reviews    Rate AxisDirect
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews Groww is Rated 4.3 / 5 based on 8 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare 5paisa vs Groww vs AxisDirect on Investment Offerings

Compare 5paisa vs Groww vs AxisDirect 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 - 5paisa and AxisDirect 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 5paisa vs Groww vs AxisDirect
Investment Offerings Compare 5paisa Groww AxisDirect
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes No Yes
Commodity Yes No Yes
Online IPO Application No Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes No Yes
ETF Yes Yes Yes
Banking No No Yes
Insurance Yes No Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment No No Yes
PMS Service No No No
Other Investment Options NIL NIL NIL
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Order Types

Compare 5paisa vs Groww vs AxisDirect on Order Types

Order Type - Compare 5paisa vs Groww vs AxisDirect on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - 5paisa and AxisDirect provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - 5paisa provides Bracket Orders (BO) facility where Groww and AxisDirect doesn't provides Bracket Orders. After Market Orders (AMO) - 5paisa and AxisDirect AMO facility where Groww doesn't provides AMO. GTC Orders - AxisDirect offers Good Till Cancelled (GTC) orders facility where 5paisa and Groww doesn't provides GTC.

Order Types - Compare 5paisa vs Groww vs AxisDirect
Order Type Compare 5paisa Groww AxisDirect
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes No Yes
Bracket order Yes No No
AMO-After Market Orders Yes No Yes
GTC-Good Till Cancelled No No Yes
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Customer Service Offered

Compare 5paisa vs Groww vs AxisDirect on Customer Service

Compare 5paisa vs Groww vs AxisDirect 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 Support - Compare 5paisa vs Groww vs AxisDirect
Customer Service Compare 5paisa Groww AxisDirect
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No No Yes
Through Branches No No Yes
Customer Care Number +91 89766 89766 9108800604 022-61480808
Account Opening Process Online/Paperless Online Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://groww.in/academy https://simplehai.axisdirect.in/learn/overview
Head Office Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website https://www.5paisa.com/ https://groww.in/ https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare 5paisa vs Groww vs AxisDirect on Research Reports, Tips

Compare 5paisa vs Groww vs AxisDirect on research reports and tips provided by broker.

Research Reports - Compare 5paisa vs Groww vs AxisDirect
  5paisa Groww AxisDirect
Research Mutual Funds Yes No Yes
Research Equity Reports Yes No Yes
Research ETF No No Yes
Daily Market Report Yes No Yes
Free Tips Yes No Yes
Quarterly Result Analysis No No Yes
News Alerts Yes No Yes
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Demat Account

Compare 5paisa vs Groww vs AxisDirect on Demat Account

Compare 5paisa vs Groww vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare 5paisa vs Groww vs AxisDirect
  5paisa Groww AxisDirect
DP Source CDSL CDSL CDSL
DP ID 82500 No 49200
Demat Account Annual Maintenance Charges(AMC) ₹300 pa Zero ₹500 pa
Advance Deposit NIL Nil Nil
Statutory charges Nil Legal Charges Nil
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN ₹8 + ₹5.50 CDSL charges ₹10
Demat ₹15 per certificate ₹150 per certificate + courier charges ₹3 per certificate
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹150 per certificate + courier charges ₹10 for every hundred securities (Min ₹10)
Pledge Creation ₹12.50 per script ₹20 + Rs. 12 per request (CDSL Charges) ₹25
Pledge Creation Confirmation NIL ₹20 + Rs. 12 per request (CDSL Charges) ₹25
Pledge Closure ₹12.50 per script ₹20 + Rs. 12 per request (CDSL Charges) ₹25
Pledge Closure Confirmation NIL ₹20 + Rs. 12 per request (CDSL Charges) ₹25
Pledge Invocation NIL ₹20 + Rs. 12 per request (CDSL Charges) Nil
Failed Instruction Charges Nil ₹50 Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Groww vs AxisDirect on Special Offers and Promotion

Compare 5paisa vs Groww vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs Groww vs AxisDirect on Special Offers and Promotion
  5paisa Groww AxisDirect
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays Instant to Axis Bank.
Bank Supported and Charges Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. NA
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Info Not Available Direct from your Axis bank account.
Likes
  • Free account opening facility
  • Cutting-edge trading platforms and products
  • Free or Rs. 0 commission investment in mutual funds and US Stocks.
  • cheapest brokerage plans – Super Saver Packs
  • Zero brokerage on equity delivery in super saving pack 
  • No brokerage for young generation age from 18 years to 23 years
  • It Offers free trading course FinSchool for beginners 
  • Advanced trading platform of 5Paisa Algo trading app 
  • 5Paisa API helps traders to get real time markets analysis from various resources. 
  • Tips and calls on researched based stocks
  • Wide range of trading and investment products – IPO, MFs, Currency, Stocks, etc
  • Solve customer grievances instantly via call or e-mail.
  • Secure and safe mobile application to protect its client’s data.

Detail Review...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

Detail Review...

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

Detail Review...

Dislikes
  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

Detail Review...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

Detail Review...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

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.
Enquire for 5paisa Enquire for Groww Enquire for AxisDirect

Last Updated on 2024-01-11T04:15:59+00:00