ResourceIPO
HDFC Sky Vs Groww Vs AxisDirect: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “HDFC Sky Vs Groww Vs AxisDirect: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare hdfc sky vs groww vs axisdirect on service, account opening charges and amc, compare hdfc sky 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 HDFC Sky vs Groww vs AxisDirect on Service
- Account Opening Charges and AMC
- Compare HDFC Sky vs Groww vs AxisDirect on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare HDFC Sky vs Groww vs AxisDirect on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare HDFC Sky vs Groww vs AxisDirect on Transaction Charges
- Account Features
- Compare HDFC Sky vs Groww vs AxisDirect on Account Features
- Trading Platform
- Compare HDFC Sky vs Groww vs AxisDirect on Trading Platform
- Broker Ratings by Users
- Compare HDFC Sky vs Groww vs AxisDirect on User Rating
- Investment Offerings
- Compare HDFC Sky vs Groww vs AxisDirect on Investment Offerings
- Margin Trading Facility
- Compare HDFC Sky vs Groww vs AxisDirect on MTF
- API
- Compare HDFC Sky vs Groww vs AxisDirect on API Details
- Customer Service Offered
- Compare HDFC Sky vs Groww vs AxisDirect on Customer Service
- Tips/Research/Reports Published
- Compare HDFC Sky vs Groww vs AxisDirect on Research Reports, Tips
- Demat Account
- Compare HDFC Sky vs Groww vs AxisDirect on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare HDFC Sky vs Groww vs AxisDirect on Special Offers and Promotion
- ✅ Pros
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
- 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.
- 💹 Max ₹20 Brokerage per Order on All Trades
- Last Updated on Mon, Nov 24, 2025
Data Tables
| Segment |
HDFC Sky |
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 240 PA (Free for 1st year) |
Free |
Rs 750 PA (Free for 1st year) |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
HDFC Sky |
Groww |
AxisDirect |
| Multiple Plans |
No |
No |
Yes |
| Monthly Plans |
No |
No |
No |
| Yearly Plans |
No |
No |
No |
|
HDFC Sky |
Groww |
AxisDirect |
| Account Opening Request |
|
Link to open account |
|
| Transaction Charges Compare |
HDFC Sky |
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 hdfc-sky |
Complete Brokerage Plans for groww |
Complete Brokerage Plans for axisdirect |
| Account Features Compare |
HDFC Sky |
Groww |
AxisDirect |
| 3 in 1 Account |
Yes |
No |
Yes |
| 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 |
Yes |
Yes |
| Intraday Square-off Time |
3:15PM |
3:10 PM |
2:45 PM |
| NRI Trading |
Yes |
No |
Yes |
| Other Features |
NIL |
NIL |
NIL |
| Trading Platform Compare |
HDFC Sky |
Groww |
AxisDirect |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
https://hdfcsky.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 |
HDFC Sky App |
Groww App |
AxisDirect Ring Mobile App |
| Mobile Trading App Demo |
HDFC Sky App |
Groww App |
AxisDirect Ring Mobile App |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android HDFC Sky App Download |
Android Groww App Download |
Android AxisDirect Ring Mobile App Download |
| iPhone Mobile App (IOS) |
No |
Yes |
Yes |
| iOS App Download |
iOS HDFC Sky 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 HDFC Sky |
Equity Intraday and Delivery Brokerage Calculator for Groww |
Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for HDFC Sky |
Futures Brokerage Calculator for Groww |
Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator |
Option Brokerage Calculator for HDFC Sky |
Option Brokerage Calculator for Groww |
Option Brokerage Calculator for AxisDirect |
| Detail |
Detail on Trading Platforms for HDFC Sky |
Detail on Trading Platforms for Groww |
Detail on Trading Platforms for AxisDirect |
|
HDFC Sky |
Groww |
AxisDirect |
|
99 Customer reviews Rate |
14 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
2.5 |
4.2 |
0.8 |
| Trading Brokerage Rating |
2.1 |
3.6 |
0.6 |
| Trading Platform Usability |
3.0 |
3.9 |
0.9 |
| Customer Service Ratings |
2.8 |
3.4 |
0.8 |
| Overall Rating |
2.5 |
4.0 |
0.7 |
| Broker Rating |
HDFC Sky is Rated 2.5 / 5 based on 99 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 |
HDFC Sky |
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 |
Yes |
No |
Yes |
| Insurance |
No |
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 |
|
NIL |
NIL |
| MTF Compare |
HDFC Sky |
Groww |
AxisDirect |
| MTF Leverage |
– |
Upto 4x leverage with MTF |
– |
| MTF Interest Rate |
– |
0.041% per day (14.95% per annum) |
– |
| MTF Segment |
– |
Equity Delivery |
– |
| MTF Pledge Charges |
– |
₹20 per order |
– |
| MTF Unpledged Charges |
– |
₹20 per order |
– |
| Maximum MTF Funding |
– |
NA |
– |
| API Compare |
HDFC Sky |
Groww |
AxisDirect |
| API Type |
– |
Trading APIs Portfolio API Ordering API Live Data API Smart Order API Historical Data APIs |
– |
| API Charges |
– |
₹499/month |
– |
| Customer Service Compare |
HDFC Sky |
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 |
Yes |
No |
Yes |
| Customer Care Number |
1800 121 2109 |
9108800604 |
022-61480808 |
| Account Opening Process |
Online |
Online |
Online |
| Customer Support Email |
[email protected] |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://hdfcsky.com/learn |
https://groww.in/digest |
https://simplehai.axisdirect.in/learn/overview |
| Head Office Address |
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA, 8 FLR, NEAR KANJURMARG RLYSTN, KANJURMARG,MUMBAI-MH-400042 |
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://hdfcsky.com/ |
https://groww.in/ |
https://simplehai.axisdirect.in |
|
HDFC Sky |
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 |
|
HDFC Sky |
Groww |
AxisDirect |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
12400 |
88700 |
49200 |
| Demat Account Annual Maintenance Charges(AMC) |
₹750 pa |
Zero |
₹500 pa |
| Advance Deposit |
Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- |
Nil |
Nil |
| Statutory charges |
Nil |
Legal Charges |
Nil |
| Transaction Charges on Debit (Per ISIN) |
0.04% (Min ₹20) + CDSL charges |
₹8 + ₹5.50 CDSL charges |
₹10 |
| Demat |
₹5 per certificate + ₹35 request charges |
₹150 per certificate + courier charges |
₹3 per certificate |
| Remat |
₹30 |
₹150 per certificate + courier charges |
₹10 for every hundred securities (Min ₹10) |
| Pledge Creation |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
₹25 |
| Pledge Creation Confirmation |
0.04% of transaction value (Min ₹40) |
₹20 + Rs. 12 per request (CDSL Charges) |
₹25 |
| Pledge Closure |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
₹25 |
| Pledge Closure Confirmation |
0.04% of transaction value (Min ₹40) |
₹20 + Rs. 12 per request (CDSL Charges) |
₹25 |
| Pledge Invocation |
0.04% of transaction value (Min ₹40) |
₹20 + Rs. 12 per request (CDSL Charges) |
Nil |
| Failed Instruction Charges |
Nil |
₹50 |
Nil |
| Other Charges |
Nil |
Nil |
Nil |
|
HDFC Sky |
Groww |
AxisDirect |
| Likes |
✅ Pros Free account opening Zero AMC (1st year) Flat ₹20 brokerage Invest in US stocks Free research & daily trading calls Advanced order types (BO, CO, OCO, GTT) No minimum balance Modern mobile app 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 |
❌ Cons Delivery trades not free (Zerodha offers free delivery) No desktop trading terminal Direct mutual funds are not supported 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 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 Groww Account Now |
|
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