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Paytm Money Vs Marwadi Group: Which one is better?

Both the brokers are registered with SEBI. Paytm Money offers investmenet in Equity, F&O and Currency only, where Marwadi Group offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Paytm Money Max Rs 20 per trade while the brokerage of Marwadi Group ranges between 0.06% to 0.30%. Paytm Money is a Discount Broker where Marwadi Group is a Full Service Broker. Paytm Money is having overall higher rating compare to Marwadi Group. Paytm Money is rated 4 out of 5 where Marwadi Group is rated only 3.5 out of 5. Number of active customer for Paytm Money is 8,02,146 where number of active customer for Marwadi Group is 1,27,449. Paytm Money is serving more customer compare to Marwadi Group.

Here we present side-by-side comparison of Paytm Money 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 Paytm Money 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 Paytm Money 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 Paytm Money 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 Paytm Money vs Marwadi Group on Service

  Paytm Money Compare
Paytm Money
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? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 8,02,146 1,27,449
Broker Overview In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... Know more about Paytm Money 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 Paytm Money Request call back from Zerodha
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Account Opening Charges and AMC

Compare Paytm Money vs Marwadi Group on Trading & Demat Account Opening Charges

Comparison of Paytm Money 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 - Paytm Money offer Free AMC for Demat account where Marwadi Group charges Rs 250 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Paytm Money with Marwadi Group
Charges Paytm Money Marwadi Group
Trading Account Opening Fees Free Free
Trading AMC Rs 30 per month (Platform fees) 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 Paytm Money vs Marwadi Group on Plan Options

Plans are the most important feature you look when compare Paytm Money 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 Paytm Money with Marwadi Group on Plan Options
Plan Types Paytm Money Marwadi Group
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Paytm Money Zerodha
Account Opening Request
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Brokerage Charges

Compare Paytm Money vs Marwadi Group on Brokerage Charges

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

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

Brokerage Charges - Compare Paytm Money with Marwadi Group
Brokerage Charges Compare Paytm Money Marwadi Group
Plan Name Flat Brokerage Plan Basic Trading Plan (Percentage Based)
Equity Delivery 2.5% or Rs 20 whichever is lower 0.30%
Equity Intraday 0.05% or Rs 20 whichever is lower 0.06%
Equity Futures 0.02% or Rs 20 whichever is lower 0.02%
Equity Options Flat Fee Rs 20 Rs 100 Per Lot
Currency Futures NA 0.02%
Currency Options NA Rs 100 Per Lot
Commodity Trading NA Rs 100 Per Lot
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Rs 100/order +GST NA
Auto Square off Charges Rs 50/order + GST NA
Brokerage Calculator Brokerage Calculator for Paytm Money Brokerage Calculator for Marwadi Group
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Share Broker's Transaction Charges

Compare Paytm Money vs Marwadi Group on Transaction Charges

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

Transaction Charges - Compare Paytm Money with Marwadi Group
Transaction Charges Compare Paytm Money 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 paytm-money Complete Brokerage Plans for marwadi-group
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Account Features

Compare Paytm Money vs Marwadi Group on Account Features

Compare Paytm Money 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 - Marwadi Group offers Algo Trading where Paytm Money doesn't offers Algo Trading. Margin Funding - Marwadi Group offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Paytm Money with Marwadi Group
Account Features Compare Paytm Money Marwadi Group
3 in 1 Account No Paytm Money have 2-in-1 account. Only Demate and Trading account. No Paytm Money have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts No Yes
Online Demo No Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:10 PM 3:15PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare Paytm Money vs Marwadi Group on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Paytm Money 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 Paytm Money with Marwadi Group
Trading Platform Compare Paytm Money Marwadi Group
Desktop Trading Platform Paytm Money Marwadi ODIN Diet
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail Paytm Money Web https://mtrade.marwadionline.com/html5/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Paytm Money App MSFL Connect
Mobile Trading App Demo Paytm Money App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Paytm Money App Download Andriod MSFL Connect Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Paytm Money App Download iOS MSFL Connect Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Rs. 30 per month Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Paytm Money Equity Intraday and Delivery Brokerage Calculator for Marwadi Group
Futures Brokerage Calculator Futures Brokerage Calculator for Paytm Money Futures Brokerage Calculator for Marwadi Group
Options Brokerage Calculator Options Brokerage Calculator for Paytm Money Options Brokerage Calculator for Marwadi Group
Detail Detail on Trading Platforms for paytm-money Detail on Trading Platforms for marwadi-group

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Broker Ratings by Users

Compare Paytm Money vs Marwadi Group on User Rating

  Paytm Money Marwadi Group
  6 Customer Reviews    Rate Paytm Money 3 Customer Reviews    Rate Marwadi Group
Fees Ratings 3.2 2.7
Trading Brokerage Rating 3.8 2.3
Trading Platform Usability 3.2 2.0
Customer Service Ratings 2.7 2.3
Overall Ratings 3.0 2.7
Broker Rating Paytm Money is Rated 3.0 / 5 based on 6 customer reviews Marwadi Group is Rated 2.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare Paytm Money vs Marwadi Group on Investment Offerings

Compare Paytm Money 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 - Marwadi Group offers trading options in Commodity (MCX) where Paytm Money doesn't offer. 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 Paytm Money with Marwadi Group
Investment Offerings Compare Paytm Money Marwadi Group
Equity Cash and F&O Yes Yes
Currency Deravitives No Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL Life & General Insurance
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Order Types

Compare Paytm Money vs Marwadi Group on Order Types

Order Type - Compare Paytm Money 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) - Paytm Money 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) - Paytm Money 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- Paytm Money offers Good Till Cancelled (GTC) orders where Marwadi Group doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Paytm Money with Marwadi Group
Order Type Compare Paytm Money 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 Paytm Money vs Marwadi Group on Customer Service

Compare Paytm Money 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 Paytm Money with Marwadi Group
Customer Service Compare Paytm Money Marwadi Group
24/7 Customer Service Paytm Money vs Marwadi Group - 24x7 customer support No No
Email Support Paytm Money vs Marwadi Group - Email Support Yes Yes
Onine Live Chat Paytm Money vs Marwadi Group - Onine Live Chat No No
Phone Support Paytm Money vs Marwadi Group - Phone Support No Yes
Toll Free Number Paytm Money vs Marwadi Group - Toll Free Number No No
Through Branches Paytm Money vs Marwadi Group - Through Branches No Yes
Customer Care Number Paytm Money vs Marwadi Group - Customer Care Number Info Not Available +91-281-6192000/+91-281-7174000
Account Opening Process Paytm Money vs Marwadi Group - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Paytm Money vs Marwadi Group - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Paytm Money vs Marwadi Group - Knowledge Center/Education https://www.paytmmoney.com/care https://www.marwadionline.com/blog/
Head Office Address Paytm Money vs Marwadi Group - Head Office Address/Corporate Address Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Info Not Available
Website Paytm Money vs Marwadi Group - Company Website https://www.paytmmoney.com/ https://www.marwadionline.com/
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Tips/Research/Reports Published

Compare Paytm Money vs Marwadi Group on Research Reports, Tips

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

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

Compare Paytm Money vs Marwadi Group on Demat Account

Compare Paytm Money 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 Marwadi Group is ₹250 pa where for Paytm Money is Zero.

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 Paytm Money is ₹10 per ISIN 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 Paytm Money with Marwadi Group
  Paytm Money Marwadi Group
DP Source CDSL CDSL
DP ID Paytm Money vs Marwadi Group - DP ID 12088800 No
Demat Account Annual Maintenance Charges(AMC) Zero ₹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) ₹10 per ISIN ₹25
Demat ₹250 per 100 shares ₹3 per certificate
Remat ₹250 per 100 shares ₹25 per certificate
Pledge Creation ₹32 per ISIN ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹32 per ISIN ₹20
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹32 per ISIN ₹25
Failed Instruction Charges Nil ₹15
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Paytm Money vs Marwadi Group on Special Offers and Promotion

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

Compare Paytm Money vs Marwadi Group on Special Offers and Promotion
  Paytm Money Marwadi Group
Pay In and Pay Out Options Paytm Money vs Marwadi Group - Pay In and Pay Out Options Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Paytm Money vs Marwadi Group - Payout Time Max 24 hrs except bank holidays Info Not Available
Bank Supported and Charges Paytm Money vs Marwadi Group - Bank Supported and Charges Paytm Money allows 190+ Banks. Info Not Available
Bank Detail Info Not Available Info Not Available
Likes
  • 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...

  • 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 commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • 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...

  • 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 Paytm Money Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-12-22T00:01:54+00:00