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Fyers Vs Marwadi Group: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Fyers Max Rs 20 per trade while the brokerage of Marwadi Group ranges between 0.06% to 0.30%. Fyers is a Discount Broker where Marwadi Group is a Full Service Broker. Fyers is having overall higher rating compare to Marwadi Group. Fyers is rated 4 out of 5 where Marwadi Group is rated only 3.5 out of 5. Number of active customer for Fyers is 2,19,169 where number of active customer for Marwadi Group is 1,26,599. Fyers is serving more customer compare to Marwadi Group.

Here we present side-by-side comparison of Fyers vs Marwadi Group share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Fyers vs Marwadi Group's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Fyers vs Marwadi Group share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Fyers vs Marwadi Group's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Fyers vs Marwadi Group on Service

  Fyers Compare
Fyers
Marwadi Group Compare
Marwadi Group
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 2,19,169 1,26,599
Broker Overview Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i... Know more about Fyers Open a free demat & trading account with Marwadi Financial to trade and invest across multiple asset classes on the user-friendly web, app, and desktop platforms, access free research & advisory, and portfolio management services.
Broker Enquiry Request call back from Fyers Request call back from Zerodha
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Account Opening Charges and AMC

Compare Fyers vs Marwadi Group on Trading & Demat Account Opening Charges

Comparison of Fyers with Marwadi Group on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Fyers offer Free AMC for Demat account where Marwadi Group charges Rs 250 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Fyers with Marwadi Group
Charges Fyers Marwadi Group
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 250 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Fyers vs Marwadi Group on Plan Options

Plans are the most important feature you look when compare Fyers with Marwadi Group. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Fyers with Marwadi Group on Plan Options
Plan Types Fyers Marwadi Group
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Fyers Zerodha
Account Opening Request
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Brokerage Charges

Compare Fyers vs Marwadi Group on Brokerage Charges

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Marwadi Group Brokerage Plan detail - This is a standard plan by the Marwadi Group. This is a percentage-based brokerage plan.

Brokerage Charges - Compare Fyers with Marwadi Group
Brokerage Charges Compare Fyers Marwadi Group
Plan Name Max Rs 20 Per Order Trading Plan Basic Trading Plan (Percentage Based)
Equity Delivery Free 0.30%
Equity Intraday 0.03% or Rs 20 whichever is lower 0.06%
Equity Futures 0.03% or Rs 20 whichever is lower 0.02%
Equity Options Flat Fee Rs 20 Rs 100 Per Lot
Currency Futures 0.03% or Rs 20 whichever is lower 0.02%
Currency Options Flat Fee Rs 20 Rs 100 Per Lot
Commodity Trading Flat Fee Rs 20 Rs 100 Per Lot
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding No Info Not Available
Call & Trade Charges Rs 50 Per Order NA
Auto Square off Charges Rs 50 Per Order NA
Brokerage Calculator Brokerage Calculator for Fyers Brokerage Calculator for Marwadi Group
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Share Broker's Transaction Charges

Compare Fyers vs Marwadi Group on Transaction Charges

Compare Fyers with Marwadi Group on transaction charges and PCM fee by segment.

Transaction Charges - Compare Fyers with Marwadi Group
Transaction Charges Compare Fyers Marwadi Group
Equity Delivery 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
Equity Futures 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
Currency Futures 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
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for fyers Complete Brokerage Plans for marwadi-group
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Account Features

Compare Fyers vs Marwadi Group on Account Features

Compare Fyers with Marwadi Group on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Marwadi Group offers a margin funding where Fyers doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Fyers with Marwadi Group
Account Features Compare Fyers Marwadi Group
3 in 1 Account No Fyers have 2-in-1 account. Only Demate and Trading account. No Fyers have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading No No
Other Features Fyers 30 Day Challenge NIL
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Trading Platform

Compare Fyers vs Marwadi Group on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Fyers and Marwadi Group. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Fyers with Marwadi Group
Trading Platform Compare Fyers Marwadi Group
Desktop Trading Platform Fyers One Marwadi ODIN Diet
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail Fyers Web https://mtrade.marwadionline.com/html5/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Fyers 2.0 Mobile App MSFL Connect
Mobile Trading App Demo Fyers 2.0 Mobile App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Fyers 2.0 Mobile App Download Andriod MSFL Connect Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Fyers 2.0 Mobile App Download iOS MSFL Connect Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Fyers Equity Intraday and Delivery Brokerage Calculator for Marwadi Group
Futures Brokerage Calculator Futures Brokerage Calculator for Fyers Futures Brokerage Calculator for Marwadi Group
Options Brokerage Calculator Options Brokerage Calculator for Fyers Options Brokerage Calculator for Marwadi Group
Detail Detail on Trading Platforms for fyers Detail on Trading Platforms for marwadi-group

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Broker Ratings by Users

Compare Fyers vs Marwadi Group on User Rating

  Fyers Marwadi Group
  10 Customer Reviews    Rate Fyers 3 Customer Reviews    Rate Marwadi Group
Fees Ratings 3.5 2.7
Trading Brokerage Rating 3.6 2.3
Trading Platform Usability 3.6 2.0
Customer Service Ratings 3.4 2.3
Overall Ratings 3.2 2.7
Broker Rating Fyers is Rated 3.2 / 5 based on 10 customer reviews Marwadi Group is Rated 2.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare Fyers vs Marwadi Group on Investment Offerings

Compare Fyers with Marwadi Group 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 - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Fyers with Marwadi Group
Investment Offerings Compare Fyers Marwadi Group
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL Life & General Insurance
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Order Types

Compare Fyers vs Marwadi Group on Order Types

Order Type - Compare Fyers with Marwadi Group on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Fyers provide Cover Orders (CO) where Marwadi Group doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Fyers provide Bracket Orders (BO) where Marwadi Group doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Fyers offers Good Till Cancelled (GTC) orders where Marwadi Group doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Fyers with Marwadi Group
Order Type Compare Fyers Marwadi Group
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Fyers vs Marwadi Group on Customer Service

Compare Fyers with Marwadi Group on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Fyers with Marwadi Group
Customer Service Compare Fyers Marwadi Group
24/7 Customer Service Fyers vs Marwadi Group - 24x7 customer support No No
Email Support Fyers vs Marwadi Group - Email Support Yes Yes
Onine Live Chat Fyers vs Marwadi Group - Onine Live Chat No No
Phone Support Fyers vs Marwadi Group - Phone Support Yes Yes
Toll Free Number Fyers vs Marwadi Group - Toll Free Number No No
Through Branches Fyers vs Marwadi Group - Through Branches No Yes
Customer Care Number Fyers vs Marwadi Group - Customer Care Number 08060001111 +91-281-6192000/+91-281-7174000
Account Opening Process Fyers vs Marwadi Group - Account Opening Process 100% online and paperless proc Info Not Available
Customer Support Email Fyers vs Marwadi Group - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Fyers vs Marwadi Group - Knowledge Center/Education https://fyers.in/school-of-stocks/ https://www.marwadionline.com/blog/
Head Office Address Fyers vs Marwadi Group - Head Office Address/Corporate Address Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Info Not Available
Website Fyers vs Marwadi Group - Company Website https://fyers.in/ https://www.marwadionline.com/
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Tips/Research/Reports Published

Compare Fyers vs Marwadi Group on Research Reports, Tips

Compare Fyers with Marwadi Group on research reports and tips provided by the broker.

Research Reports - Compare Fyers with Marwadi Group
  Fyers Marwadi Group
Research Mutual Funds Fyers vs Marwadi Group - Research Mutual Funds No Yes
Research Equity Reports Fyers vs Marwadi Group - Research Equity Reports No Yes
Research ETF Fyers vs Marwadi Group - Research ETF No Yes
Daily Market Report Fyers vs Marwadi Group - Daily Market Report No Yes
Free Tips Fyers vs Marwadi Group - Free Tips No Yes
Quarterly Result Analysis Fyers vs Marwadi Group - Quarterly Results No Yes
News Alerts Fyers vs Marwadi Group - Yes Yes
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Demat Account

Compare Fyers vs Marwadi Group on Demat Account

Compare Fyers with Marwadi Group on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Fyers is Free where for Marwadi Group is ₹250 pa. Fyers is a better choice in terms of Demat AMC compare to Marwadi Group.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Fyers is ₹7 + ₹5.50 (CDSL Charges) per transaction where for Marwadi Group is ₹25.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Fyers with Marwadi Group
  Fyers Marwadi Group
DP Source CDSL CDSL
DP ID Fyers vs Marwadi Group - DP ID 432-2019 No
Demat Account Annual Maintenance Charges(AMC) Free ₹250 pa
Advance Deposit Nil NA-NA-NA-NA-NA-NA-NA-2250#-3600#-NA-NA-NA-2250#-2250#-NA-NA
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹7 + ₹5.50 (CDSL Charges) per transaction ₹25
Demat ₹0 ₹3 per certificate
Remat ₹0 ₹25 per certificate
Pledge Creation Nil ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil ₹20
Pledge Closure Confirmation Nil Nil
Pledge Invocation Nil ₹25
Failed Instruction Charges Nil ₹15
Other Charges Stamp Charges ₹50, Nil
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Special Offers,Advantages,Disadvantages

Compare Fyers vs Marwadi Group on Special Offers and Promotion

Compare Fyers with Marwadi Group on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Fyers vs Marwadi Group on Special Offers and Promotion
  Fyers Marwadi Group
Pay In and Pay Out Options Fyers vs Marwadi Group - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Fyers vs Marwadi Group - Payout Time Up to 24 Hrs except for Bank Holidays. Info Not Available
Bank Supported and Charges Fyers vs Marwadi Group - Bank Supported and Charges 24+ banks connected via payment gateway, Free pay in and Free Pay Out. Info Not Available
Bank Detail Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Info Not Available
Likes
  • Trade on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

Detail Review...

  • Trade on BSE, NSE, and MCX.
  • Zero account opening fees.
  • Invest in IPO, mutual funds, insurance, and smartcase portfolios.
  • User-friendly trading platforms.
  • Get best-in-class in-depth research insights for all segments.
  • Margin trading facility.

Detail Review...

Dislikes
  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

  • Non-transparent brokerage charges.
  • Minimum brokerage fee of Rs 20 to Rs 25 per trade, when the trade value is low.
  • Major presence in the Gujarat state only.

Detail Review...

Special Offers/Promo
Enquiry Open Fyers Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-01-08T01:50:46+00:00