ResourceIPO
5paisa Vs Groww Vs AxisDirect: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “5paisa Vs Groww Vs AxisDirect: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare 5paisa vs groww vs axisdirect on service, account opening charges and amc, compare 5paisa vs groww vs axisdirect on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare 5paisa vs Groww vs AxisDirect on Service
- Account Opening Charges and AMC
- Compare 5paisa vs Groww vs AxisDirect on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare 5paisa vs Groww vs AxisDirect on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare 5paisa vs Groww vs AxisDirect on Transaction Charges
- Account Features
- Compare 5paisa vs Groww vs AxisDirect on Account Features
- Trading Platform
- Compare 5paisa vs Groww vs AxisDirect on Trading Platform
- Broker Ratings by Users
- Compare 5paisa vs Groww vs AxisDirect on User Rating
- Investment Offerings
- Compare 5paisa vs Groww vs AxisDirect on Investment Offerings
- Margin Trading Facility
- Compare 5paisa vs Groww vs AxisDirect on MTF
- API
- Compare 5paisa vs Groww vs AxisDirect on API Details
- Customer Service Offered
- Compare 5paisa vs Groww vs AxisDirect on Customer Service
- Tips/Research/Reports Published
- Compare 5paisa vs Groww vs AxisDirect on Research Reports, Tips
- Demat Account
- Compare 5paisa vs Groww vs AxisDirect on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare 5paisa vs Groww vs AxisDirect on Special Offers and Promotion
- Ready to start trading?
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Cost-effective trading services (Rs 20/order) with free account opening
- Rs 0 platform fee to access FnO 360 platform
- Low-cost trading with Rs 20 maximum brokerage charged.
- Trade or invest in NSE and BSE listed stocks and F&O
- Open paperless 3-in-1 account (Bank + Demat + Trading).
- One-stop shop to trade on BSE, NSE, and MCX.
- Trade in options at flat Rs. 10/order.
- 💰 Flat ₹20 Brokerage per Trade
- 💹 Max ₹20 Brokerage per Order on All Trades
- Last Updated on Wed, May 20, 2026
Data Tables
| Segment |
5paisa |
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 300 PA |
Free |
Rs 750 PA (Free for 1st year) |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
5paisa |
Groww |
AxisDirect |
| Multiple Plans |
No |
No |
Yes |
| Monthly Plans |
No |
No |
No |
| Yearly Plans |
No |
No |
No |
|
5paisa |
Groww |
AxisDirect |
| Account Opening Request |
Link to open account |
Link to open account |
|
| Transaction Charges Compare |
5paisa |
Groww |
AxisDirect |
| Equity Delivery |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Intraday |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Futures |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
| Equity Options |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
| Currency Options |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for 5paisa |
Complete Brokerage Plans for groww |
Complete Brokerage Plans for axisdirect |
| Account Features Compare |
5paisa |
Groww |
AxisDirect |
| 3 in 1 Account |
No |
No |
Yes |
| Charting |
Yes |
Yes |
Yes |
| Algo Trading |
Yes |
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 |
Yes |
Yes |
| Intraday Square-off Time |
3:15 PM |
3:10 PM |
2:45 PM |
| NRI Trading |
No |
No |
Yes |
| Other Features |
NIL |
NIL |
NIL |
| Trading Platform Compare |
5paisa |
Groww |
AxisDirect |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
https://login.5paisa.com/ |
Yes |
https://login.axisdirect.in/ |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
Yes |
| Mobile Trading App |
5paisa Mobile App |
Groww App |
AxisDirect Ring Mobile App |
| Mobile Trading App Demo |
5paisa Mobile App |
Groww App |
AxisDirect Ring Mobile App |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android 5paisa Mobile App Download |
Android Groww App Download |
Android AxisDirect Ring Mobile App Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
Yes |
| iOS App Download |
iOS 5paisa Mobile App Download |
iOS Groww App Download |
iOS AxisDirect Ring Mobile App Download |
| Android Tablet App |
Yes |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
Yes |
| Trading Software Charges |
Free |
Free |
Yes, DirectTrade – Rs 2999 PA |
| Equity Brokerage Calculator |
Equity Intraday and Delivery Brokerage Calculator for 5paisa |
Equity Intraday and Delivery Brokerage Calculator for Groww |
Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for 5paisa |
Futures Brokerage Calculator for Groww |
Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator |
Option Brokerage Calculator for 5paisa |
Option Brokerage Calculator for Groww |
Option Brokerage Calculator for AxisDirect |
| Detail |
Detail on Trading Platforms for 5paisa |
Detail on Trading Platforms for Groww |
Detail on Trading Platforms for AxisDirect |
|
5paisa |
Groww |
AxisDirect |
|
28 Customer reviews Rate |
14 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
3.2 |
4.2 |
0.8 |
| Trading Brokerage Rating |
3.9 |
3.6 |
0.6 |
| Trading Platform Usability |
3.4 |
3.9 |
0.9 |
| Customer Service Ratings |
2.8 |
3.4 |
0.8 |
| Overall Rating |
3.2 |
4.0 |
0.7 |
| Broker Rating |
5paisa is Rated 3.2 / 5 based on 28 customer reviews |
Groww is Rated 4.0 / 5 based on 14 customer reviews |
AxisDirect is Rated 0.70 / 5 based on 20 customer reviews |
| Investment Offerings Compare |
5paisa |
Groww |
AxisDirect |
| Equity Cash and F&O |
Yes |
Yes |
Yes |
| Currency Derivatives |
Yes |
No |
Yes |
| Commodity |
Yes |
Yes |
Yes |
| Online IPO Application |
Yes |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
Yes |
| Bonds / 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 |
Yes |
Yes |
| PMS Service |
No |
No |
No |
| Other Investment Options |
Smallcase, US stocks |
NIL |
NIL |
| MTF Compare |
5paisa |
Groww |
AxisDirect |
| MTF Leverage |
Up to 4x leverage on 1500+ stocks |
Upto 4x leverage with MTF |
– |
| MTF Interest Rate |
0.026% – 0.042% per day (9.50%-15.50% per annum) Slab-based MTF Interest rates |
0.041% per day (14.95% per annum) |
– |
| MTF Segment |
Equity Delivery (NSE and BSE) |
Equity Delivery |
– |
| MTF Pledge Charges |
₹25 per scrip |
₹20 per order |
– |
| MTF Unpledged Charges |
₹25 per scrip |
₹20 per order |
– |
| Maximum MTF Funding |
NA |
NA |
– |
| API Compare |
5paisa |
Groww |
AxisDirect |
| API Type |
Trading API (Order management, Market Data, and portfolio API) Market Data API |
Trading APIs Portfolio API Ordering API Live Data API Smart Order API Historical Data APIs |
– |
| API Charges |
Free |
₹499/month |
– |
| Customer Service Compare |
5paisa |
Groww |
AxisDirect |
| 24/7 Customer Service |
No |
No |
No |
| Email Support |
Yes |
Yes |
Yes |
| Online Live Chat |
No |
Yes |
Yes |
| Phone Support |
Yes |
Yes |
Yes |
| Toll Free Number |
No |
No |
Yes |
| Through Branches |
No |
No |
Yes |
| Customer Care Number |
+91 89766 89766 |
9108800604 |
022-61480808 |
| Account Opening Process |
Online/Paperless |
Online |
Online |
| Customer Support Email |
[email protected] |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://www.5paisa.com/knowledge-centre |
https://groww.in/digest |
https://simplehai.axisdirect.in/learn/overview |
| Head Office Address |
5paisa headquaterSun Infotech Park, Road No.16V, Plot No.B-23 ThaneIndustrial Area, Wagle Estate,Thane – 400604 |
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.5paisa.com/ |
https://groww.in/ |
https://simplehai.axisdirect.in |
|
5paisa |
Groww |
AxisDirect |
| Research Mutual Funds |
Yes |
No |
Yes |
| Research Equity Reports |
Yes |
No |
Yes |
| Research ETF |
No |
No |
Yes |
| Daily Market Report |
Yes |
No |
Yes |
| Free Tips |
Yes |
No |
Yes |
| Quarterly Result Analysis |
No |
No |
Yes |
| News Alerts |
Yes |
No |
Yes |
|
5paisa |
Groww |
AxisDirect |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
82500 |
88700 |
49200 |
| Demat Account Annual Maintenance Charges(AMC) |
₹300 pa |
Zero |
₹500 pa |
| Advance Deposit |
NIL |
Nil |
Nil |
| Statutory charges |
Nil |
Legal Charges |
Nil |
| Transaction Charges on Debit (Per ISIN) |
₹12.50 per ISIN |
₹8 + ₹5.50 CDSL charges |
₹10 |
| Demat |
₹15 per certificate |
₹150 per certificate + courier charges |
₹3 per certificate |
| Remat |
₹15 for every hundred securities or ₹15 per certificate whichever is higher |
₹150 per certificate + courier charges |
₹10 for every hundred securities (Min ₹10) |
| Pledge Creation |
₹12.50 per script |
₹20 + Rs. 12 per request (CDSL Charges) |
₹25 |
| Pledge Creation Confirmation |
NIL |
₹20 + Rs. 12 per request (CDSL Charges) |
₹25 |
| Pledge Closure |
₹12.50 per script |
₹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 |
Nil |
Nil |
Nil |
|
5paisa |
Groww |
AxisDirect |
| Likes |
Cost-effective trading services (Rs 20/order) with free account opening 5paisa all-in-one account to trade and/or invest in stocks, derivatives, commodity, currency, IPO, NCD, and mutual funds. Free of cost trading platform No minimum balance required in 5paisa trading account Rs 0 platform fee to access FnO 360 platform 5paisa advanced platforms offer technical and fundamental research for free. Daily long/short-term investment calls from experts Margin Trading Facility Robo Advisory Services Advanced orders like basket order, VTT, bracket and cover order, etc. Detail Review… |
Easy onboarding process Low-cost trading with Rs 20 maximum brokerage charged. Trade or invest in NSE and BSE listed stocks and F&O Zero platform fee to use Groww app Get instant and flexible loans on Groww GTT order, basket order, and stop-loss order Buy with upto 4x leverage with Margin Trading Funding (MTF) 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 |
Delivery trading is not free in 5paisa. Best NRI brokers 5paisa does not have zero brokerage unlimited trading plans. Detail Review… |
No NRI Trading No intraday tips, calls, research & advisory Does not provide desktop exe based platform. No customer helpline number Groww is not onboarding new users for US trading account. 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 |
🟠 Current Promotion from 5paisa for InvestorGain Visitors: 💰 Flat ₹20 Brokerage per Trade 🌱 Free Direct Mutual Fund Investments 📊 Advanced Trading Platforms, Research & Advisory 🚀 Open Instant 5paisa Account Now! |
🎁 Current Offer from Groww for InvestorGain Visitors: ✅ Free Groww Demat & Trading Account 📭 Zero Demat AMC for Lifetime 💹 Max ₹20 Brokerage per Order on All Trades 🌱 Free Mutual Funds & IPO Investments 🚀 Open Instant Groww Account Now! |
|
|
Open 5paisa Account Now |
Open Groww Account Now |
|
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