FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

AxisDirect Vs TradeSmart Vs Groww: Which one is better?

The brokerage of AxisDirect ranges between 0.05% to 0.5%, the brokerage of TradeSmart ranges between Rs 15, while the brokerage of Groww ranges between Rs 20. The broker TradeSmart and Groww are a discount brokers where AxisDirect is a full service broker. Overall rating for AxisDirect is 3.5, TradeSmart is rated 4, Groww is rated 4 out of 5.

Here we present side-by-side comparison of AxisDirect vs TradeSmart vs Groww stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared AxisDirect vs TradeSmart vs Groww 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 AxisDirect vs TradeSmart vs Groww in this setion with 360 degree view of broker information.

Compare AxisDirect vs TradeSmart vs Groww on Service

  AxisDirect Compare
AxisDirect
TradeSmart Compare
TradeSmart
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE BSE, NSE, MCX, NCDEX NSE, BSE
Broker Overview 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 Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support. 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
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

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

In this section we have compared AxisDirect vs TradeSmart vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - AxisDirect charges Rs 999 for account opening, TradeSmart charges Rs 200 for account opeing, and Groww charges Free for account opeing. Demat AMC charges - AxisDirect charges Rs 750 PA (Free for 1st year) as AMC for Demat account, TradeSmart charges Rs 300 PA AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare AxisDirect vs TradeSmart vs Groww
Charges AxisDirect TradeSmart Groww
Trading Account Opening Fees Rs 999 Rs 200 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Rs 200 Free
Demat AMC Rs 750 PA (Free for 1st year) Rs 300 PA Free
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare AxisDirect vs TradeSmart vs Groww on Plan Options

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

Compare AxisDirect vs TradeSmart vs Groww on Plan Options
Plan Types AxisDirect TradeSmart Groww
Multiple Plans Yes Yes No
Monthly Plans No No No
Yearly Plans No No No
Expand

Account Opening Request

Account Opening

  Zerodha Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare AxisDirect vs TradeSmart vs Growwon Brokerage Charges

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Brokerage Charges - Compare AxisDirect vs TradeSmart vs Groww
Brokerage Charges Compare AxisDirect TradeSmart Groww
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Flat Fee Rs 15 Trading Plan (Power Plan) Flat Brokerage Plan
Equity Delivery 0.50% (Each leg) Flat Fee Rs 15 0.05% or Rs 20 whichever is lower
Equity Intraday 0.05% (Each leg) Flat Fee Rs 15 0.05% or Rs 20 whichever is lower
Equity Futures 0.05% (Each leg) Flat Fee Rs 15 Flat Fee Rs 20
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures 0.05% (Each Leg) Flat Fee Rs 15 Not Available
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p Flat Fee Rs 15 Not Available
Commodity Trading Futures: 0.03% (Each leg)| Options: Rs. 50 per lot Flat Fee Rs 15 Not Available
Minimum Brokerage
Hidden Charges No No
Call & Trade Charges Free 20 calls per month, and after Rs. 20 per order Rs 20 per executed Order Rs 50 Per Executable Order
Auto Square off Charges 20 calls Free and after that Rs 20 per call Rs 20 per executed Order Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for AxisDirect Brokerage Calculator for TradeSmart Brokerage Calculator for Groww
Expand

Share Broker's Transaction Charges

Compare AxisDirect vs TradeSmart vs Groww on Transaction Charges

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

Transaction Charges - Compare AxisDirect vs TradeSmart vs Groww
Transaction Charges Compare AxisDirect TradeSmart Groww
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 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for axisdirect Complete Brokerage Plans for trade-smart-online Complete Brokerage Plans for groww
Expand

Account Features

Compare AxisDirect vs TradeSmart vs Groww on Account Features

Compare AxisDirect vs TradeSmart vs Groww 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 TradeSmart and Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding - AxisDirect and Groww offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - AxisDirect offers NRI Trading where TradeSmart and Groww doesn't offers NRI Trading.

Account Features - AxisDirect vs TradeSmart vs Groww
Account Features Compare AxisDirect TradeSmart Groww
3 in 1 Account Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No AxisDirect have 2-in-1 account. Only Demate and Trading account. No Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes No
SMS Alerts Yes No No
Online Demo Yes Yes No
Online Portfolio Yes No Yes
Margin Trading Funding Available Yes No Yes
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 2:45 PM 3:15PM 3:10 PM
NRI Trading Yes No No
Other Features NIL NIL NIL
Expand

Trading Platform

Compare AxisDirect vs TradeSmart vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w AxisDirect vs TradeSmart vs Groww. 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 AxisDirect vs TradeSmart vs Groww
Trading Platform Compare AxisDirect TradeSmart Groww
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://login.axisdirect.in/

https://sine.tradesmartonline.in/userMaster/login

Yes

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App AxisDirect Ring Mobile App Sine Groww App
Mobile Trading App Demo AxisDirect Ring Mobile App Demo Sine Demo Groww App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod AxisDirect Ring Mobile App Download Andriod Sine Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS AxisDirect Ring Mobile App Download iOS Sine Download iOS Groww App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for AxisDirect Equity Intraday and Delivery Brokerage Calculator for TradeSmart Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for AxisDirect Futures Brokerage Calculator for TradeSmart Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for AxisDirect Options Brokerage Calculator for TradeSmart Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for axisdirect Detail on Trading Platforms for trade-smart-online Detail on Trading Platforms for groww

Expand

Broker Ratings by Users

Compare AxisDirect vs TradeSmart vs Groww on User Rating

  AxisDirect TradeSmart Groww
  20 Customer Reviews    Rate AxisDirect 34 Customer Reviews    Rate TradeSmart 20 Customer Reviews    Rate Groww
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating AxisDirect is Rated 0.7 / 5 based on 20 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews Groww is Rated 1.7 / 5 based on 20 customer reviews
Expand

Investment Offerings

Compare AxisDirect vs TradeSmart vs Groww on Investment Offerings

Compare AxisDirect vs TradeSmart vs Groww 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 and TradeSmart offers Commodity Trading where Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - AxisDirect and Groww offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

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

Order Types

Compare AxisDirect vs TradeSmart vs Groww on Order Types

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

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

Customer Service Offered

Compare AxisDirect vs TradeSmart vs Groww on Customer Service

Compare AxisDirect vs TradeSmart vs Groww 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 AxisDirect vs TradeSmart vs Groww
Customer Service Compare AxisDirect TradeSmart Groww
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 Yes No No
Through Branches Yes No No
Customer Care Number 022-61480808 022 61208000 9108800604
Account Opening Process Online Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://simplehai.axisdirect.in/learn/overview https://help.tradesmartonline.in/ https://groww.in/academy
Head Office Address Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://simplehai.axisdirect.in https://tradesmartonline.in/ https://groww.in/
Expand

Tips/Research/Reports Published

Compare AxisDirect vs TradeSmart vs Groww on Research Reports, Tips

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

Research Reports - Compare AxisDirect vs TradeSmart vs Groww
  AxisDirect TradeSmart Groww
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No No
Expand

Demat Account

Compare AxisDirect vs TradeSmart vs Groww on Demat Account

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

Demat Charges - Compare AxisDirect vs TradeSmart vs Groww
  AxisDirect TradeSmart Groww
DP Source CDSL CDSL CDSL
DP ID 49200 30400 88700
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹300 pa Zero
Advance Deposit Nil NIL Nil
Statutory charges Nil Nil Legal Charges
Transaction Charges on Debit (Per ISIN) ₹10 ₹25 ₹8 + ₹5.50 CDSL charges
Demat ₹3 per certificate ₹500 per certificate (Min ₹500 per request) ₹150 per certificate + courier charges
Remat ₹10 for every hundred securities (Min ₹10) ₹500 per certificate (Min ₹500 per request) ₹150 per certificate + courier charges
Pledge Creation ₹25 ₹200 per script
₹50 for trading margin each side
₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation ₹25 Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure ₹25 ₹200 per script ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation ₹25 Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation Nil ₹200 per script ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil Nil ₹50
Other Charges
Expand

Special Offers,Advantages,Disadvantages

Compare AxisDirect vs TradeSmart vs Groww on Special Offers and Promotion

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

Compare AxisDirect vs TradeSmart vs Groww on Special Offers and Promotion
  AxisDirect TradeSmart Groww
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
Likes
  • 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...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • 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...

Dislikes
  • 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...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

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...

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. Free Account Opening, Rs 400 Waived for a limited time.
Enquire for AxisDirect Enquire for TradeSmart Enquire for Groww

Last Updated on