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Geojit Vs Groww Vs AxisDirect: Which one is better?

The brokerage of Geojit ranges between .03 to .3%, the brokerage of Groww ranges between Rs 20, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker Geojit and AxisDirect are full service brokers where Groww is a discount broker. Overall rating for Geojit is 4, Groww is rated 4, AxisDirect is rated 3.5 out of 5.

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

Compare Geojit vs Groww vs AxisDirect on Service

  Geojit Compare
Geojit
Groww Compare
Groww
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Full Service Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE NSE, BSE
Broker Overview Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce... Know more about Geojit 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 Zerodha Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Geojit vs Groww vs AxisDirect on Trading & Demat Account Opening Charges

In this section we have compared Geojit vs Groww vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Geojit and Groww offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - Geojit charges Rs 700 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 Geojit vs Groww vs AxisDirect
Charges Geojit 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 700 PA Free Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Geojit vs Groww vs AxisDirect on Plan Options

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

Compare Geojit vs Groww vs AxisDirect on Plan Options
Plan Types Geojit 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

  Zerodha Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Geojit vs Groww vs AxisDirecton Brokerage Charges

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

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 Geojit vs Groww vs AxisDirect
Brokerage Charges Compare Geojit Groww AxisDirect
Plan Name Online Trading Plan (Percentage Based) Flat Brokerage Plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.30% or 30 paisa 0.05% or Rs 20 whichever is lower 0.50% (Each leg)
Equity Intraday 0.03% or 3 paisa 0.05% or Rs 20 whichever is lower 0.05% (Each leg)
Equity Futures 0.01% Flat Fee Rs 20 0.05% (Each leg)
Equity Options Rs 50 Per Lot Flat Fee Rs 20 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.03% or 3 paisa Not Available 0.05% (Each Leg)
Currency Options Rs 50 Per Lot Not Available Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Not Available Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher
Hidden Charges Info Not Available Info Not Available
Funding Yes - 20% 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 Geojit Brokerage Calculator for Groww Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare Geojit vs Groww vs AxisDirect on Transaction Charges

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

Transaction Charges - Compare Geojit vs Groww vs AxisDirect
Transaction Charges Compare Geojit 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 geojit Complete Brokerage Plans for groww Complete Brokerage Plans for axisdirect
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Account Features

Compare Geojit vs Groww vs AxisDirect on Account Features

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

Account Features - Geojit vs Groww vs AxisDirect
Account Features Compare Geojit Groww AxisDirect
3 in 1 Account No Geojit have 2-in-1 account. Only Demate and Trading account. No Geojit 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 No 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 NIL NIL NIL
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Trading Platform

Compare Geojit vs Groww vs AxisDirecton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Geojit 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 Geojit vs Groww vs AxisDirect
Trading Platform Compare Geojit Groww AxisDirect
Desktop Trading Platform SELFIE Platinum 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://selfie.geojit.net/

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 SELFIE Geojit Groww App AxisDirect Ring Mobile App
Mobile Trading App Demo SELFIE Geojit Demo Info Not Available AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod SELFIE Geojit Download Andriod Groww App Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download iOS SELFIE Geojit Download iOS Groww App Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No Yes Yes
Trading Software Charges Free Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for Groww Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Groww Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for Geojit Options Brokerage Calculator for Groww Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for geojit Detail on Trading Platforms for groww Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare Geojit vs Groww vs AxisDirect on User Rating

  Geojit Groww AxisDirect
  79 Customer Reviews    Rate Geojit 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 Geojit is Rated 3.7 / 5 based on 79 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 Geojit vs Groww vs AxisDirect on Investment Offerings

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

Investment Offerings - Compare Geojit vs Groww vs AxisDirect
Investment Offerings Compare Geojit 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 Yes No Yes
PMS Service Yes No No
Other Investment Options Insurance NIL NIL
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Order Types

Compare Geojit vs Groww vs AxisDirect on Order Types

Order Type - Compare Geojit 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) - AxisDirect provides Cover Orders (CO) facility where Geojit and Groww doesn't provides Cover Orders. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. After Market Orders (AMO) - Geojit and AxisDirect AMO facility where Groww doesn't provides AMO. GTC Orders - Geojit and AxisDirect offers Good Till Cancelled (GTC) orders facility where Groww doesn't provides GTC.

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

Compare Geojit vs Groww vs AxisDirect on Customer Service

Compare Geojit 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 Geojit vs Groww vs AxisDirect
Customer Service Compare Geojit 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 Yes No Yes
Through Branches Yes No Yes
Customer Care Number 1800-425-5501/1800-103-5501/91-484-2405822 9108800604 022-61480808
Account Opening Process Offline Online Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://insights.geojit.com/ https://groww.in/academy https://simplehai.axisdirect.in/learn/overview
Head Office Address Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
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.geojit.com/ https://groww.in/ https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Geojit vs Groww vs AxisDirect on Research Reports, Tips

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

Research Reports - Compare Geojit vs Groww vs AxisDirect
  Geojit Groww AxisDirect
Research Mutual Funds Yes No Yes
Research Equity Reports Yes No Yes
Research ETF Yes 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 Geojit vs Groww vs AxisDirect on Demat Account

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

Demat Charges - Compare Geojit vs Groww vs AxisDirect
  Geojit Groww AxisDirect
DP Source CDSL CDSL CDSL
DP ID 48900 No 49200
Demat Account Annual Maintenance Charges(AMC) ₹600 pa Zero ₹500 pa
Advance Deposit NIL Nil Nil
Statutory charges Nil Legal Charges Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Max ₹40) + CDSL charges ₹8 + ₹5.50 CDSL charges ₹10
Demat ₹100 per demat request max 5 + ₹20 each additional certificate ₹150 per certificate + courier charges ₹3 per certificate
Remat ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹150 per certificate + courier charges ₹10 for every hundred securities (Min ₹10)
Pledge Creation ₹50 per transaction ₹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 ₹50 per transaction ₹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 Geojit vs Groww vs AxisDirect on Special Offers and Promotion

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

Compare Geojit vs Groww vs AxisDirect on Special Offers and Promotion
  Geojit Groww AxisDirect
Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SELFIE Trading Platform.
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 Info Not Available 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 and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

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
  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

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 Geojit Enquire for Groww Enquire for AxisDirect

Last Updated on 2023-09-12T06:18:34+00:00