Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
The brokerage of Groww ranges between Rs 20, the brokerage of ProStocks ranges between Rs 15, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker Groww and ProStocks are a discount brokers where AxisDirect is a full service broker. Overall rating for Groww is 4, ProStocks is rated 4, AxisDirect is rated 3.5 out of 5.
Here we present side-by-side comparison of Groww vs ProStocks 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 Groww vs ProStocks 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 Groww vs ProStocks vs AxisDirect in this setion with 360 degree view of broker information.
 Groww |
 ProStocks |
 AxisDirect |
|
|---|---|---|---|
| Overall Rating | |||
| Brokerage Charges | |||
| Trading Platform | |||
| Investments Offering | |||
| Customer Service | |||
| Broker Type | Discount Broker | Discount Broker | Full Service Broker |
| Exchanges Supported | NSE, BSE | NSE, BSE | NSE, BSE |
| Broker Overview | 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...  |
Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an... |
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... |
| Broker Enquiry |
|
|
|
In this section we have compared Groww vs ProStocks vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Groww and ProStocks offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - Groww charges Free as AMC for Demat account, ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account, where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.
| Charges | Groww | ProStocks | AxisDirect |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Rs 999 |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Free | Rs 0 (Rs 1000 Refundable Deposit) | Rs 750 PA (Free for 1st year) |
| Provide DP Service |  |
|
|
Plans are the most important feature you look when compare Groww vs ProStocks vs AxisDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks and AxisDirect offers Multiple Plans where Groww doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where Groww and AxisDirect doesn't offer.
| Plan Types | Groww | ProStocks | AxisDirect |
|---|---|---|---|
| Multiple Plans |  |
|
|
| Monthly Plans | |
|
|
| Yearly Plans | |
|
|
| Zerodha | ProStocks | Zerodha | |
|---|---|---|---|
| Account Opening Request |
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.
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 | Groww | ProStocks | AxisDirect |
|---|---|---|---|
| Plan Name | Flat Brokerage Plan | Flat Fee Rs 15 Trading Plan | Fixed Brokerage Trading Plan (Percentage Based) |
| Equity Delivery | 0.05% or Rs 20 whichever is lower | Free | 0.50% (Each leg) |
| Equity Intraday | 0.05% or Rs 20 whichever is lower | Flat Fee Rs 15 | 0.05% (Each leg) |
| Equity Futures | Flat Fee Rs 20 | Flat Fee Rs 15 | 0.05% (Each leg) |
| Equity Options | Flat Fee Rs 20 | Flat Fee Rs 15 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
| Currency Futures | Not Available | Flat Fee Rs 15 | 0.05% (Each Leg) |
| Currency Options | Not Available | Flat Fee Rs 15 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p |
| Commodity Trading | Not Available | NA | Futures: 0.03% (Each leg)| Options: Rs. 50 per lot |
| Minimum Brokerage | NA | ||
| Hidden Charges | Info Not Available | No | |
| Funding | Info Not Available | No | Yes - 18% interest PA |
| Call & Trade Charges | Rs 50 Per Executable Order | Delivery Rs 25, Intraday and F&O Rs 10 per executed order | Free 20 calls per month, and after Rs. 20 per order |
| Auto Square off Charges | Rs 50 Per Executable Order | Delivery Rs 25, Intraday and F&O Rs 10 per executed order | 20 calls Free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for Groww | Brokerage Calculator for ProStocks | Brokerage Calculator for AxisDirect |
Compare Groww vs ProStocks vs AxisDirect on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Groww | ProStocks | 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 | NA | NA | |
| Brokerage Charges | Complete Brokerage Plans for groww | Complete Brokerage Plans for prostocks | Complete Brokerage Plans for axisdirect |
Compare Groww vs ProStocks 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 Groww and ProStocks offers only 2-in-1 account which includes trading and demat account. Margin Funding - Groww and AxisDirect offers margin funding where ProStocks doesn't offers margin funding. NRI Trading - ProStocks and AxisDirect offers NRI Trading where Groww doesn't offers NRI Trading.
| Account Features Compare | Groww | ProStocks | AxisDirect |
|---|---|---|---|
| 3 in 1 Account | |
|
|
| Charting | |
|
|
| Algo Trading | |
|
|
| SMS Alerts | |
|
|
| Online Demo | |
|
|
| Online Portfolio | |
|
|
| Margin Trading Funding Available | |
|
|
| Combined Ledger for Equity and Commodity | |
|
|
| Intraday Square-off Time | 3:10 PM | 3:15PM | 2:45 PM |
| NRI Trading | |
|
|
| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Groww vs ProStocks 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 | Groww | ProStocks | AxisDirect |
|---|---|---|---|
| Desktop Trading Platform | Groww App | Star ProStocks | Ring |
| Desktop Demo | Info Not Available | Info Not Available | Desktop Demo |
| Desktop Platform (Windows) | |
|
|
| Desktop Platform (Mac) | |
|
|
| Web Trading Platform | |
|
|
| Web Trading Detail |
Yes |
https://www.prostocksweb.com/ |
https://login.axisdirect.in/ |
| Web Trading Demo | Info Not Available | Info Not Available | Web Trading Demo |
| Mobile Site | |
|
|
| Mobile Trading | |
|
|
| Mobile Trading App | Groww App | Star ProStocks | AxisDirect Ring Mobile App |
| Mobile Trading App Demo | Info Not Available | Info Not Available | AxisDirect Ring Mobile App Demo |
| Android Mobile App | |
|
|
| Android App Download | Andriod Groww App Download | Andriod Star ProStocks Download | Andriod Download |
| iPhone Mobile App (IOS) | |
|
|
| iOS App Download | iOS Groww App Download | iOS Star ProStocks Download | iOS AxisDirect Ring Mobile App Download |
| Android Tablet App | |
|
|
| iPad App (IOS) | |
|
|
| Trading Software Charges | Free | Free | Yes, DirectTrade - Rs 2999 PA |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Groww | Equity Intraday and Delivery Brokerage Calculator for ProStocks | Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Groww | Futures Brokerage Calculator for ProStocks | Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator | Options Brokerage Calculator for Groww | Options Brokerage Calculator for ProStocks | Options Brokerage Calculator for AxisDirect |
| Detail | Detail on Trading Platforms for groww | Detail on Trading Platforms for prostocks | Detail on Trading Platforms for axisdirect |
| Groww | ProStocks | AxisDirect | ||
|---|---|---|---|---|
8 Customer Reviews
 |
4 Customer Reviews
|
6 Customer Reviews
|
||
| Fees Ratings | ||||
| Trading Brokerage Rating | ||||
| Trading Platform Usability | ||||
| Customer Service Ratings | ||||
| Overall Ratings | ||||
| Broker Rating | Groww is Rated 4.3 / 5 based on 8 customer reviews | ProStocks is Rated 4.5 / 5 based on 4 customer reviews | AxisDirect is Rated 2.3 / 5 based on 6 customer reviews |
Compare Groww vs ProStocks 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 - AxisDirect offers Commodity Trading where Groww and ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Groww and AxisDirect offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.
| Investment Offerings Compare | Groww | ProStocks | AxisDirect |
|---|---|---|---|
| Equity Cash and F&O | |
|
|
| Currency Deravitives | |
|
|
| Commodity | |
|
|
| Online IPO Application | |
|
|
| Mutual Funds | |
|
|
| Bond / NCD | |
|
|
| ETF | |
|
|
| Banking | |
|
|
| Insurance | |
|
|
| Forex | |
|
|
| MF SIP Investment | |
|
|
| Equity SIP Investment | |
|
|
| PMS Service | |
|
|
| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Groww vs ProStocks 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) - ProStocks and AxisDirect provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - ProStocks provides Bracket Orders (BO) facility where Groww and AxisDirect doesn't provides Bracket Orders. After Market Orders (AMO) - ProStocks and AxisDirect AMO facility where Groww doesn't provides AMO. GTC Orders - ProStocks and AxisDirect offers Good Till Cancelled (GTC) orders facility where Groww doesn't provides GTC.
| Order Type Compare | Groww | ProStocks | AxisDirect |
|---|---|---|---|
| CNC order | |
|
|
| MIS order | |
|
|
| NRML order | |
|
|
| Cover order | |
|
|
| Bracket order | |
|
|
| AMO-After Market Orders | |
|
|
| GTC-Good Till Cancelled | |
|
|
Compare Groww vs ProStocks 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 | Groww | ProStocks | AxisDirect |
|---|---|---|---|
| 24/7 Customer Service | |
|
|
| Email Support | |
|
|
| Onine Live Chat | |
|
|
| Phone Support | |
|
|
| Toll Free Number | |
|
|
| Through Branches | |
|
|
| Customer Care Number | 9108800604 | +91-2262-434343 | 022-61480808 |
| Account Opening Process | Online | Online/Paperless | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://groww.in/academy | https://www.prostocks.com/faq.html | https://simplehai.axisdirect.in/learn/overview |
| Head Office Address | Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 | Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063 |
Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website | https://groww.in/ | https://www.prostocks.com | https://simplehai.axisdirect.in |
Compare Groww vs ProStocks vs AxisDirect on research reports and tips provided by broker.
| Groww | ProStocks | AxisDirect | |
|---|---|---|---|
| Research Mutual Funds | |
|
|
| Research Equity Reports | |
|
|
| Research ETF | |
|
|
| Daily Market Report | |
|
|
| Free Tips | |
|
|
| Quarterly Result Analysis | |
|
|
| News Alerts | |
|
|
Compare Groww vs ProStocks vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Groww | ProStocks | AxisDirect | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | No | 83200 | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | Zero | Free (₹1000 Refundable Deposit) | ₹500 pa |
| Advance Deposit | Nil | 1000/- Refundable Deposit against charges | Nil |
| Statutory charges | Legal Charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹8 + ₹5.50 CDSL charges | ₹20 per ISIN | ₹10 |
| Demat | ₹150 per certificate + courier charges | ₹50 per set up + ₹50 courier charges | ₹3 per certificate |
| Remat | ₹150 per certificate + courier charges | ₹50 per set up + ₹50 courier charges | ₹10 for every hundred securities (Min ₹10) |
| Pledge Creation | ₹20 + Rs. 12 per request (CDSL Charges) | ₹50 | ₹25 |
| Pledge Creation Confirmation | ₹20 + Rs. 12 per request (CDSL Charges) | Nil | ₹25 |
| Pledge Closure | ₹20 + Rs. 12 per request (CDSL Charges) | ₹50 | ₹25 |
| Pledge Closure Confirmation | ₹20 + Rs. 12 per request (CDSL Charges) | Nil | ₹25 |
| Pledge Invocation | ₹20 + Rs. 12 per request (CDSL Charges) | ₹50 | Nil |
| Failed Instruction Charges | ₹50 | ₹50 per transaction | Nil |
| Other Charges | Nil | Nil | Nil |
Compare Groww vs ProStocks vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Groww | ProStocks | AxisDirect | |
|---|---|---|---|
| Pay In and Pay Out Options | 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 via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application. 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 | Upto 24 Hrs except Bank Holidays. | Instant to Axis Bank. |
| Bank Supported and Charges | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. | Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms. | NA |
| Bank Detail | Info Not Available | SUNLIGHT BROKING LLP, Account Number:00600340080912 Bank and Branch: HDFC BANK, FORT Account Type: Current Account IFSC Code: HDFC0000060 |
Direct from your Axis bank account. |
| Likes |
|
|
|
| Dislikes |
|
|
|
| Special Offers/Promo | ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit. | 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 Groww | Enquire for ProStocks | Enquire for AxisDirect |
Last Updated on 2024-01-05T04:04:35+00:00
