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The brokerage of Fyers 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 Fyers and Groww are a discount brokers where AxisDirect is a full service broker. Overall rating for Fyers is 4, Groww is rated 4, AxisDirect is rated 3.5 out of 5.
Here we present side-by-side comparison of Fyers 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 Fyers 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 Fyers vs Groww vs AxisDirect in this setion with 360 degree view of broker information.
 Fyers |
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| Broker Type | Discount Broker | Discount Broker | Full Service Broker |
| Exchanges Supported | BSE, NSE, MCX | NSE, BSE | NSE, BSE |
| Broker Overview | Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...  |
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 Fyers vs Groww vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Fyers and Groww offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - Fyers 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 | Fyers | 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 Fyers vs Groww vs AxisDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - AxisDirect offers Multiple Plans where Fyers and Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Fyers | Groww | AxisDirect |
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| Fyers | Zerodha | Zerodha | |
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| Account Opening Request |
Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
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 | Fyers | Groww | AxisDirect |
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| Plan Name | Max Rs 20 Per Order Trading 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 | 0.03% or Rs 20 whichever is lower | 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 | 0.03% or Rs 20 whichever is lower | 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 | No | Info Not Available | |
| Funding | No | Info Not Available | Yes - 18% interest PA |
| Call & Trade Charges | Rs 50 Per Order | Rs 50 Per Executable Order | Free 20 calls per month, and after Rs. 20 per order |
| Auto Square off Charges | Rs 50 Per Order | Rs 50 Per Executable Order | 20 calls Free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for Fyers | Brokerage Calculator for Groww | Brokerage Calculator for AxisDirect |
Compare Fyers vs Groww vs AxisDirect on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Fyers | 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 | NA | NA | |
| Brokerage Charges | Complete Brokerage Plans for fyers | Complete Brokerage Plans for groww | Complete Brokerage Plans for axisdirect |
Compare Fyers 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 Fyers and Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding - Groww and AxisDirect offers margin funding where Fyers doesn't offers margin funding. NRI Trading - AxisDirect offers NRI Trading where Fyers and Groww doesn't offers NRI Trading.
| Account Features Compare | Fyers | Groww | AxisDirect |
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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 | Fyers 30 Day Challenge | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Fyers 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.
| Fyers | Groww | AxisDirect | ||
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11 Customer Reviews
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8 Customer Reviews
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6 Customer Reviews
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| Overall Ratings | ||||
| Broker Rating | Fyers is Rated 3.2 / 5 based on 11 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 Fyers 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 - Fyers 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 | Fyers | Groww | AxisDirect |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Fyers 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) - Fyers and AxisDirect provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Fyers provides Bracket Orders (BO) facility where Groww and AxisDirect doesn't provides Bracket Orders. After Market Orders (AMO) - Fyers and AxisDirect AMO facility where Groww doesn't provides AMO. GTC Orders - Fyers and AxisDirect offers Good Till Cancelled (GTC) orders facility where Groww doesn't provides GTC.
| Order Type Compare | Fyers | Groww | AxisDirect |
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Compare Fyers 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 | Fyers | Groww | AxisDirect |
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| 24/7 Customer Service | |
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| Customer Care Number | 08060001111 | 9108800604 | 022-61480808 |
| Account Opening Process | 100% online and paperless proc | Online | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://fyers.in/school-of-stocks/ | https://groww.in/academy | https://simplehai.axisdirect.in/learn/overview |
| Head Office Address | Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar, Bangalore - 560009 |
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://fyers.in/ | https://groww.in/ | https://simplehai.axisdirect.in |
Compare Fyers vs Groww vs AxisDirect on research reports and tips provided by broker.
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| Research ETF | |
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Compare Fyers vs Groww vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Fyers | Groww | AxisDirect | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 432-2019 | No | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | Free | Zero | ₹500 pa |
| Advance Deposit | Nil | Nil | Nil |
| Statutory charges | Nil | Legal Charges | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹7 + ₹5.50 (CDSL Charges) per transaction | ₹8 + ₹5.50 CDSL charges | ₹10 |
| Demat | ₹0 | ₹150 per certificate + courier charges | ₹3 per certificate |
| Remat | ₹0 | ₹150 per certificate + courier charges | ₹10 for every hundred securities (Min ₹10) |
| Pledge Creation | Nil | ₹20 + Rs. 12 per request (CDSL Charges) | ₹25 |
| Pledge Creation Confirmation | Nil | ₹20 + Rs. 12 per request (CDSL Charges) | ₹25 |
| Pledge Closure | Nil | ₹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 | Stamp Charges ₹50, | Nil | Nil |
Compare Fyers vs Groww vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Fyers | Groww | AxisDirect | |
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| Pay In and Pay Out Options | Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web. 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 | Up to 24 Hrs except for Bank Holidays. | Max 24 hrs except bank holidays | Instant to Axis Bank. |
| Bank Supported and Charges | 24+ banks connected via payment gateway, Free pay in and Free Pay Out. | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. | NA |
| Bank Detail | Fyers Securities, Account Number:00090340002376 Bank and Branch: HDFC Bank,Kasturba Road, Bangalore Account Type: Current Account IFSC Code: HDFC0000009 |
Info Not Available | Direct from your Axis bank account. |
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| 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 Fyers | Enquire for Groww | Enquire for AxisDirect |
Last Updated on 2024-05-31T01:26:09+00:00
