ResourceIPO
Groww Vs Paytm Money Vs AxisDirect: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “Groww Vs Paytm Money Vs AxisDirect: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare groww vs paytm money vs axisdirect on service, account opening charges and amc, compare groww vs paytm money 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 Groww vs Paytm Money vs AxisDirect on Service
- Account Opening Charges and AMC
- Compare Groww vs Paytm Money vs AxisDirect on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Groww vs Paytm Money vs AxisDirect on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare Groww vs Paytm Money vs AxisDirect on Transaction Charges
- Account Features
- Compare Groww vs Paytm Money vs AxisDirect on Account Features
- Trading Platform
- Compare Groww vs Paytm Money vs AxisDirect on Trading Platform
- Broker Ratings by Users
- Compare Groww vs Paytm Money vs AxisDirect on User Rating
- Investment Offerings
- Compare Groww vs Paytm Money vs AxisDirect on Investment Offerings
- Margin Trading Facility
- Compare Groww vs Paytm Money vs AxisDirect on MTF
- API
- Compare Groww vs Paytm Money vs AxisDirect on API Details
- Customer Service Offered
- Compare Groww vs Paytm Money vs AxisDirect on Customer Service
- Tips/Research/Reports Published
- Compare Groww vs Paytm Money vs AxisDirect on Research Reports, Tips
- Demat Account
- Compare Groww vs Paytm Money vs AxisDirect on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Groww vs Paytm Money 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.
- Low-cost trading with Rs 20 maximum brokerage charged.
- Trade or invest in NSE and BSE listed stocks and F&O
- 100% paperless KYC process
- Transparent pricing model of Rs 20 brokerage
- 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.
- No 3-in-1 account opening facility.
- Does not offer Rs 0 brokerage unlimited monthly trading plans.
- 💹 Max ₹20 Brokerage per Order on All Trades
- Max Rs. 20 per order brokerage on intraday, delivery, and equity derivatives trading
- Last Updated on Mon, Aug 3, 2026
Data Tables
| Segment |
Groww |
Paytm Money |
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) |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
Groww |
Paytm Money |
AxisDirect |
| Multiple Plans |
No |
No |
Yes |
| Monthly Plans |
No |
No |
No |
| Yearly Plans |
No |
No |
No |
|
Groww |
Paytm Money |
AxisDirect |
| Account Opening Request |
Link to open account |
|
|
| Transaction Charges Compare |
Groww |
Paytm Money |
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 groww |
Complete Brokerage Plans for paytm-money |
Complete Brokerage Plans for axisdirect |
| Account Features Compare |
Groww |
Paytm Money |
AxisDirect |
| 3 in 1 Account |
No |
No |
Yes |
| Charting |
Yes |
Yes |
Yes |
| Algo Trading |
No |
No |
No |
| SMS Alerts |
No |
No |
Yes |
| Online Demo |
No |
No |
Yes |
| Online Portfolio |
Yes |
Yes |
Yes |
| Margin Trading Funding Available |
Yes |
No |
Yes |
| Combined Ledger for Equity and Commodity |
Yes |
No |
Yes |
| Intraday Square-off Time |
3:10 PM |
3:10 PM |
2:45 PM |
| NRI Trading |
No |
No |
Yes |
| Other Features |
NIL |
NIL |
NIL |
| Trading Platform Compare |
Groww |
Paytm Money |
AxisDirect |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
Yes |
Paytm Money Web |
https://login.axisdirect.in/ |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
Yes |
| Mobile Trading App |
Groww App |
Paytm Money App |
AxisDirect Ring Mobile App |
| Mobile Trading App Demo |
Groww App |
Paytm Money App |
AxisDirect Ring Mobile App |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android Groww App Download |
Android Paytm Money App Download |
Android AxisDirect Ring Mobile App Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
Yes |
| iOS App Download |
iOS Groww App Download |
iOS Paytm Money App Download |
iOS AxisDirect Ring Mobile App Download |
| Android Tablet App |
Yes |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
Yes |
| Trading Software Charges |
Free |
Rs. 30 per month |
Yes, DirectTrade – Rs 2999 PA |
| Equity Brokerage Calculator |
Equity Intraday and Delivery Brokerage Calculator for Groww |
Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for Groww |
Futures Brokerage Calculator for Paytm Money |
Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator |
Option Brokerage Calculator for Groww |
Option Brokerage Calculator for Paytm Money |
Option Brokerage Calculator for AxisDirect |
| Detail |
Detail on Trading Platforms for Groww |
Detail on Trading Platforms for Paytm Money |
Detail on Trading Platforms for AxisDirect |
|
Groww |
Paytm Money |
AxisDirect |
|
14 Customer reviews Rate |
20 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
4.2 |
1.0 |
0.8 |
| Trading Brokerage Rating |
3.6 |
1.3 |
0.6 |
| Trading Platform Usability |
3.9 |
1.0 |
0.9 |
| Customer Service Ratings |
3.4 |
0.8 |
0.8 |
| Overall Rating |
4.0 |
0.9 |
0.7 |
| Broker Rating |
Groww is Rated 4.0 / 5 based on 14 customer reviews |
Paytm Money is Rated 0.9 / 5 based on 20 customer reviews |
AxisDirect is Rated 0.70 / 5 based on 20 customer reviews |
| Investment Offerings Compare |
Groww |
Paytm Money |
AxisDirect |
| Equity Cash and F&O |
Yes |
Yes |
Yes |
| Currency Derivatives |
No |
No |
Yes |
| Commodity |
Yes |
No |
Yes |
| Online IPO Application |
Yes |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
Yes |
| Bonds / NCD |
No |
No |
Yes |
| ETF |
Yes |
Yes |
Yes |
| Banking |
No |
No |
Yes |
| Insurance |
No |
Yes |
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 |
NIL |
|
NIL |
| MTF Compare |
Groww |
Paytm Money |
AxisDirect |
| MTF Leverage |
Upto 4x leverage with MTF |
Up to 4X buying power on 1200+ stocks |
– |
| MTF Interest Rate |
0.041% per day (14.95% per annum) |
7.99% – 9.99% per annum |
– |
| MTF Segment |
Equity Delivery |
Equity Delivery |
– |
| MTF Pledge Charges |
₹20 per order |
₹20 per ISIN |
– |
| MTF Unpledged Charges |
₹20 per order |
₹20 per ISIN |
– |
| Maximum MTF Funding |
NA |
Up to ₹5 crore |
– |
| API Compare |
Groww |
Paytm Money |
AxisDirect |
| API Type |
Trading APIs Portfolio API Ordering API Live Data API Smart Order API Historical Data APIs |
Trading API Live Market Data API |
– |
| API Charges |
₹499/month |
Free |
– |
| Customer Service Compare |
Groww |
Paytm Money |
AxisDirect |
| 24/7 Customer Service |
No |
No |
No |
| Email Support |
Yes |
Yes |
Yes |
| Online Live Chat |
Yes |
No |
Yes |
| Phone Support |
Yes |
No |
Yes |
| Toll Free Number |
No |
No |
Yes |
| Through Branches |
No |
No |
Yes |
| Customer Care Number |
9108800604 |
NA |
022-61480808 |
| Account Opening Process |
Online |
Online/Paperless |
Online |
| Customer Support Email |
[email protected] |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://groww.in/digest |
https://www.paytmmoney.com/care |
https://simplehai.axisdirect.in/learn/overview |
| Head Office Address |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru – 560034 |
Unit No. 2, Phoenix Market City,15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website |
https://groww.in/ |
https://www.paytmmoney.com/ |
https://simplehai.axisdirect.in |
|
Groww |
Paytm Money |
AxisDirect |
| Research Mutual Funds |
No |
No |
Yes |
| Research Equity Reports |
No |
No |
Yes |
| Research ETF |
No |
No |
Yes |
| Daily Market Report |
No |
No |
Yes |
| Free Tips |
No |
No |
Yes |
| Quarterly Result Analysis |
No |
No |
Yes |
| News Alerts |
No |
No |
Yes |
|
Groww |
Paytm Money |
AxisDirect |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
88700 |
88800 |
49200 |
| Demat Account Annual Maintenance Charges(AMC) |
Zero |
Zero |
₹500 pa |
| Advance Deposit |
Nil |
Nil |
Nil |
| Statutory charges |
Legal Charges |
Nil |
Nil |
| Transaction Charges on Debit (Per ISIN) |
₹8 + ₹5.50 CDSL charges |
₹10 per ISIN |
₹10 |
| Demat |
₹150 per certificate + courier charges |
₹250 per 100 shares |
₹3 per certificate |
| Remat |
₹150 per certificate + courier charges |
₹250 per 100 shares |
₹10 for every hundred securities (Min ₹10) |
| Pledge Creation |
₹20 + Rs. 12 per request (CDSL Charges) |
₹32 per ISIN |
₹25 |
| Pledge Creation Confirmation |
₹20 + Rs. 12 per request (CDSL Charges) |
Nil |
₹25 |
| Pledge Closure |
₹20 + Rs. 12 per request (CDSL Charges) |
₹32 per ISIN |
₹25 |
| Pledge Closure Confirmation |
₹20 + Rs. 12 per request (CDSL Charges) |
Nil |
₹25 |
| Pledge Invocation |
₹20 + Rs. 12 per request (CDSL Charges) |
₹32 per ISIN |
Nil |
| Failed Instruction Charges |
₹50 |
Nil |
Nil |
| Other Charges |
Nil |
Nil |
Nil |
|
Groww |
Paytm Money |
AxisDirect |
| Likes |
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… |
100% paperless KYC process No annual maintenance charges on Demat Account Free account opening at no cost Brokerage-free investment in direct mutual funds Transparent pricing model of Rs 20 brokerage One-tap investment in IPO User-friendly platforms with ease of investment Swift and secure UPI payment Bracket order, cover order, GTT order, and OCO order 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 |
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… |
No commodity and currency trading Does not offer NRI trading No 3-in-1 account opening facility. Does not offer Rs 0 brokerage unlimited monthly trading plans. Delivery trading is not free No trading terminal offered No branch or customer support High call & trade charge 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 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! |
Max Rs. 20 per order brokerage on intraday, delivery, and equity derivatives trading Lifetime Zero Demat AMC A/c Free direct mutual fund investment Open Instant Paytm Money Account Now! |
|
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Open Groww Account Now |
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