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The brokerage of Finvasia ranges between Rs 0, the brokerage of Groww ranges between Rs 20, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker Finvasia and Groww are a discount brokers where AxisDirect is a full service broker. Overall rating for Finvasia is 4, Groww is rated 4, AxisDirect is rated 3.5 out of 5.
Here we present side-by-side comparison of Finvasia 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 Finvasia 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 Finvasia vs Groww vs AxisDirect in this setion with 360 degree view of broker information.
 Finvasia |
 Groww |
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| Broker Type | Discount Broker | Discount Broker | Full Service Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE | NSE, BSE |
| Broker Overview | Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...  |
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... |
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... |
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In this section we have compared Finvasia vs Groww vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia and Groww offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - Finvasia charges Free 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.
| Charges | Finvasia | Groww | AxisDirect |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Rs 999 |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Free | Free | Rs 750 PA (Free for 1st year) |
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Plans are the most important feature you look when compare Finvasia vs Groww vs AxisDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - AxisDirect offers Multiple Plans where Finvasia and Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Finvasia | Groww | AxisDirect |
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| Multiple Plans |  |
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| Zerodha | Zerodha | Zerodha | |
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| Account Opening Request |
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
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 | Finvasia | Groww | AxisDirect |
|---|---|---|---|
| Plan Name | Zero Brokerage Trading Plan | Flat Brokerage Plan | Fixed Brokerage Trading Plan (Percentage Based) |
| Equity Delivery | Rs 0 | 0.05% or Rs 20 whichever is lower | 0.50% (Each leg) |
| Equity Intraday | Rs 0 | 0.05% or Rs 20 whichever is lower | 0.05% (Each leg) |
| Equity Futures | Rs 0 | Flat Fee Rs 20 | 0.05% (Each leg) |
| Equity Options | Rs 0 | Flat Fee Rs 20 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
| Currency Futures | Rs 0 | Not Available | 0.05% (Each Leg) |
| Currency Options | Rs 0 | Not Available | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p |
| Commodity Trading | Rs 0 | Not Available | Futures: 0.03% (Each leg)| Options: Rs. 50 per lot |
| Minimum Brokerage | NA | ||
| Hidden Charges | No | Info Not Available | |
| Funding | Yes, 24% interest PA | Info Not Available | Yes - 18% interest PA |
| Call & Trade Charges | Free | Rs 50 Per Executable Order | Free 20 calls per month, and after Rs. 20 per order |
| Auto Square off Charges | Free | Rs 50 Per Executable Order | 20 calls Free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for Finvasia | Brokerage Calculator for Groww | Brokerage Calculator for AxisDirect |
Compare Finvasia vs Groww vs AxisDirect on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Finvasia | Groww | AxisDirect |
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| 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 finvasia | Complete Brokerage Plans for groww | Complete Brokerage Plans for axisdirect |
Compare Finvasia 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 Finvasia and Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding - Groww and AxisDirect offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - Finvasia and AxisDirect offers NRI Trading where Groww doesn't offers NRI Trading.
| Account Features Compare | Finvasia | Groww | AxisDirect |
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| 3 in 1 Account | |
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| SMS Alerts | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15 PM | 3:10 PM | 2:45 PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Finvasia 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 | Finvasia | Groww | AxisDirect |
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| Desktop Trading Platform | OMNESYS NEST | Groww App | Ring |
| Desktop Demo | Info Not Available | Info Not Available | Desktop Demo |
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| Web Trading Platform | |
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| Web Trading Detail |
https://trade.finvasia.com/ |
Yes |
https://login.axisdirect.in/ |
| Web Trading Demo | Info Not Available | Info Not Available | Web Trading Demo |
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| Mobile Trading App | SCALPERT | Groww App | AxisDirect Ring Mobile App |
| Mobile Trading App Demo | SCALPERT Demo | Info Not Available | AxisDirect Ring Mobile App Demo |
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| Android App Download | Andriod SCALPERT Download | Andriod Groww App Download | Andriod Download |
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| iOS App Download | Info Not Available | iOS Groww App Download | iOS AxisDirect Ring Mobile App Download |
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| Trading Software Charges | Basic platforms are free, advance platforms are chargeable. | Free | Yes, DirectTrade - Rs 2999 PA |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Finvasia | Equity Intraday and Delivery Brokerage Calculator for Groww | Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for Groww | Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for Groww | Options Brokerage Calculator for AxisDirect |
| Detail | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for groww | Detail on Trading Platforms for axisdirect |
| Finvasia | Groww | AxisDirect | ||
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17 Customer Reviews
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8 Customer Reviews
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6 Customer Reviews
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| Fees Ratings | ||||
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| Trading Platform Usability | ||||
| Customer Service Ratings | ||||
| Overall Ratings | ||||
| Broker Rating | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | Groww is Rated 4.3 / 5 based on 8 customer reviews | AxisDirect is Rated 2.3 / 5 based on 6 customer reviews |
Compare Finvasia 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 - Finvasia 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 | Finvasia | Groww | AxisDirect |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Finvasia 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) - Finvasia and AxisDirect provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Finvasia provides Bracket Orders (BO) facility where Groww and AxisDirect doesn't provides Bracket Orders. After Market Orders (AMO) - Finvasia and AxisDirect AMO facility where Groww doesn't provides AMO. GTC Orders - AxisDirect offers Good Till Cancelled (GTC) orders facility where Finvasia and Groww doesn't provides GTC.
| Order Type Compare | Finvasia | Groww | AxisDirect |
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Compare Finvasia 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 Service Compare | Finvasia | Groww | AxisDirect |
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| 24/7 Customer Service | |
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| Customer Care Number | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 9108800604 | 022-61480808 |
| Account Opening Process | Online/Paperless | Online | Online |
| Customer Support Email | [email protected]/[email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://finvasia.com/announcements | https://groww.in/academy | https://simplehai.axisdirect.in/learn/overview |
| Head Office Address | Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
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.finvasia.com/ | https://groww.in/ | https://simplehai.axisdirect.in |
Compare Finvasia vs Groww vs AxisDirect on research reports and tips provided by broker.
| Finvasia | Groww | AxisDirect | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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| Daily Market Report | |
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Compare Finvasia vs Groww vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Finvasia | Groww | AxisDirect | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 84300 | No | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | Free | Zero | ₹500 pa |
| Advance Deposit | Rs 0 | Nil | Nil |
| Statutory charges | Nil | Legal Charges | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹9 + ₹5.50 (CDSL Charges) for every transaction | ₹8 + ₹5.50 CDSL charges | ₹10 |
| Demat | ₹15 per certificate | ₹150 per certificate + courier charges | ₹3 per certificate |
| Remat | ₹15 for every hundred securities + 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 | ₹19 per transaction | ₹20 + Rs. 12 per request (CDSL Charges) | Nil |
| Failed Instruction Charges | ₹49 | ₹50 | Nil |
| Other Charges | Nil | Nil | Nil |
Compare Finvasia vs Groww vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Finvasia | Groww | AxisDirect | |
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| Pay In and Pay Out Options | Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through 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 | Up to 24 hrs except for bank holidays. | Max 24 hrs except bank holidays | Instant to Axis Bank. |
| Bank Supported and Charges | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. | NA |
| Bank Detail | FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
Info Not Available | Direct from your Axis bank account. |
| Likes |
No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | 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 Finvasia | Enquire for Groww | Enquire for AxisDirect |
Last Updated on 2023-09-05T02:25:49+00:00
