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Angel One Vs Groww Vs AxisDirect: Which one is better?

The brokerage of Angel One 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 Angel One and Groww are a discount brokers where AxisDirect is a full service broker. Overall rating for Angel One is 4.5, Groww is rated 4, AxisDirect is rated 3.5 out of 5.

Here we present side-by-side comparison of Angel One 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 Angel One 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 Angel One vs Groww vs AxisDirect in this setion with 360 degree view of broker information.

Compare Angel One vs Groww vs AxisDirect on Service

  Angel One Compare
Angel One
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 Enjoy full-service broker services at discounted brokerage rates with Angel One offering free delivery trading and charges Rs. 20/order flat brokerage across segments. Angel One is a new-age FinTech platform that provides next-gen technology platform... Know more about Angel One 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 Angel One Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Angel One vs Groww vs AxisDirect on Trading & Demat Account Opening Charges

In this section we have compared Angel One vs Groww vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Angel One and Groww offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - Angel One charges Rs 240 PA (Waived for 1st year) 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 Angel One vs Groww vs AxisDirect
Charges Angel One 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 240 PA (Waived for 1st year) Free Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Angel One vs Groww vs AxisDirect on Plan Options

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

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

Account Opening

  Angel One Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Angel One vs Groww vs AxisDirecton Brokerage Charges

Angel One Brokerage Plan detail - Angel iTrade Prime - Free delivery trading and Flat Rs 20 for Intraday, F&O, Currency, and Commodity Trading.

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 Angel One vs Groww vs AxisDirect
Brokerage Charges Compare Angel One Groww AxisDirect
Plan Name Angel iTrade Prime Plan Flat Brokerage Plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery Free 0.05% or Rs 20 whichever is lower 0.50% (Each leg)
Equity Intraday 0.03% or Rs 20 whichever is lower 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
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Info Not Available Yes - 18% interest PA
Call & Trade Charges Rs 20 per order Rs 50 Per Executable Order Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges Rs 20 per order Rs 50 Per Executable Order 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Angel One Brokerage Calculator for Groww Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare Angel One vs Groww vs AxisDirect on Transaction Charges

Compare Angel One vs Groww vs AxisDirect on transaction charges and PCM fee by segment.

Transaction Charges - Compare Angel One vs Groww vs AxisDirect
Transaction Charges Compare Angel One 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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for angel-one Complete Brokerage Plans for groww Complete Brokerage Plans for axisdirect
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Account Features

Compare Angel One vs Groww vs AxisDirect on Account Features

Compare Angel One 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 Angel One 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 - Angel One and AxisDirect offers NRI Trading where Groww doesn't offers NRI Trading.

Account Features - Angel One vs Groww vs AxisDirect
Account Features Compare Angel One Groww AxisDirect
3 in 1 Account No Angel One have 2-in-1 account. Only Demate and Trading account. No Angel One 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 3:15PM 3:10 PM 2:45 PM
NRI Trading Yes No Yes
Other Features Trading software terminal: ODIN(Angel) diet NIL NIL
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Trading Platform

Compare Angel One vs Groww vs AxisDirecton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Angel One 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 Angel One vs Groww vs AxisDirect
Trading Platform Compare Angel One Groww AxisDirect
Desktop Trading Platform Angel One 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.angelone.in/trade/

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 Angel One Mobile App Groww App AxisDirect Ring Mobile App
Mobile Trading App Demo Angel One Mobile App Demo Info Not Available AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Angel One Mobile App Download Andriod Groww App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Angel One 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 Angel One Equity Intraday and Delivery Brokerage Calculator for Groww Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Angel One Futures Brokerage Calculator for Groww Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for Angel One Options Brokerage Calculator for Groww Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for angel-one Detail on Trading Platforms for groww Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare Angel One vs Groww vs AxisDirect on User Rating

  Angel One Groww AxisDirect
  74 Customer Reviews    Rate Angel One 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 Angel One is Rated 3.3 / 5 based on 74 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 Angel One vs Groww vs AxisDirect on Investment Offerings

Compare Angel One 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 - Angel One 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) - Angel One offers PMS facility where Groww and AxisDirect doesn't offers PMS facility.

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

Compare Angel One vs Groww vs AxisDirect on Order Types

Order Type - Compare Angel One 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) - Angel One and AxisDirect provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Angel One provides Bracket Orders (BO) facility where Groww and AxisDirect doesn't provides Bracket Orders. After Market Orders (AMO) - Angel One and AxisDirect AMO facility where Groww doesn't provides AMO. GTC Orders - Angel One and AxisDirect offers Good Till Cancelled (GTC) orders facility where Groww doesn't provides GTC.

Order Types - Compare Angel One vs Groww vs AxisDirect
Order Type Compare Angel One 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 Yes No Yes
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Customer Service Offered

Compare Angel One vs Groww vs AxisDirect on Customer Service

Compare Angel One 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 Angel One vs Groww vs AxisDirect
Customer Service Compare Angel One Groww AxisDirect
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No No Yes
Through Branches Yes No Yes
Customer Care Number 1800 1020 9108800604 022-61480808
Account Opening Process Online/Paperless Online Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.angelone.in/knowledge-center https://groww.in/academy https://simplehai.axisdirect.in/learn/overview
Head Office Address Angel One Limited,
G-1, Ackruti Trade Centre,
Road No. 7, MIDC,
Andheri (E), Mumbai - 400 093.
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.angelone.in/ https://groww.in/ https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Angel One vs Groww vs AxisDirect on Research Reports, Tips

Compare Angel One vs Groww vs AxisDirect on research reports and tips provided by broker.

Research Reports - Compare Angel One vs Groww vs AxisDirect
  Angel One 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 Yes No Yes
News Alerts Yes No Yes
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Demat Account

Compare Angel One vs Groww vs AxisDirect on Demat Account

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

Demat Charges - Compare Angel One vs Groww vs AxisDirect
  Angel One Groww AxisDirect
DP Source CDSL CDSL CDSL
DP ID 33200 No 49200
Demat Account Annual Maintenance Charges(AMC) ₹450 pa Zero ₹500 pa
Advance Deposit NIL Nil Nil
Statutory charges Nil Legal Charges Nil
Transaction Charges on Debit (Per ISIN) ₹20 + ₹5.50 (CDSL Charges) for every transaction ₹8 + ₹5.50 CDSL charges ₹10
Demat ₹50 per certificate ₹150 per certificate + courier charges ₹3 per certificate
Remat ₹50 + CDSL Charges ₹150 per certificate + courier charges ₹10 for every hundred securities (Min ₹10)
Pledge Creation ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges) ₹25
Pledge Creation Confirmation NIL ₹20 + Rs. 12 per request (CDSL Charges) ₹25
Pledge Closure ₹25 per transaction ₹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 Angel One vs Groww vs AxisDirect on Special Offers and Promotion

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

Compare Angel One vs Groww vs AxisDirect on Special Offers and Promotion
  Angel One 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 Angel Trading Software.
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 Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays Instant to Axis Bank.
Bank Supported and Charges Around 40+ bank are prefered parter with Angel Broking. Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. NA
Bank Detail Info Not Available Info Not Available Direct from your Axis bank account.
Likes
  • Trade at Max Rs. 20 per order on BSE, NSE, and MCX
  • Lifetime free delivery trading.
  • Pre-IPO Apply feature to subscribe to an IPO before it goes live.
  • Zero Demat AMC charges for 1st year.
  • Get free access to Angel One stock and IPO research.
  • Get smart recommendations with Angel One ARQ
  • User-friendly and technologically advanced trading platforms.
  • Place BO, CO, GTT, and Basket order
  • Free Angel One Smart API to build your own trading platform.
  • Large network of 16,000+ registered authorized partners.
  • Angel One Smart Money learning platform for beginners, traders, and investors.
  • Margin trading facility.
  • No hidden charges.

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
  • ARQ-Prime engine is a paid platform.
  • It does not offer a 3-in-1 account opening facility.
  • Does not offer unlimited monthly trading plans.

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 Free Trading for One Month (Up to Rs 500 value). Free Account Opening a limited-time offer. 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 Angel One Enquire for Groww Enquire for AxisDirect

Last Updated on 2024-02-05T21:57:20+00:00