Compare 3 Brokers

Alice Blue Vs Marwadi Group: Which one is better?

The brokerage of Alice Blue Max Rs 20 per trade while the brokerage of Marwadi Group ranges between 0.06% to 0.3%. Alice Blue is a Discount Broker where Marwadi Group is a Full Service Broker. Alice Blue is having overall higher rating compare to Marwadi Group. Alice Blue is rated 4 out of 5 where Marwadi Group is rated only 3.5 out of 5.

Here we present side-by-side comparison of Alice Blue 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 Alice Blue 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 Alice Blue 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 Alice Blue 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 Alice Blue vs Marwadi Group on Service

  Alice Blue Compare
Alice Blue
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, MCX-SX, NCDEX BSE, NSE, MCX, NCDEX,MCX-SX
Active Clients 1,41,760 1,15,129
Broker Overview Lowest brokerage discount broker offering free delivery trading and flat brokerage of Rs. 15 per order in other segments through the ANT trading platform. Marwadi group empowers you with world-renowned research reports, finest trading platform, IPO investment, portfolio management services and so on for successful investment and trading comforts.
Broker Enquiry Open an Online Trading Account with Alice Blue. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Marwadi Group. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Alice Blue vs Marwadi Group on Trading & Demat Account Opening Charges

Comparison of Alice Blue with Marwadi Group on trading & demat account opening charges and AMC. Trading account opening charges - Marwadi Group offer Free account opening where Alice Blue charges Equity: Rs. 310, Commodity (MCX): Rs. 200, Equity + Commodity: Rs. 500 for account opening. Demat AMC charges - Alice Blue charges Rs 400 PA AMC for Demat account where Marwadi Group charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Alice Blue with Marwadi Group
Charges Alice Blue Marwadi Group
Trading Account Opening Fees Equity: Rs. 310, Commodity (MCX): Rs. 200, Equity + Commodity: Rs. 500 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Alice Blue vs Marwadi Group on Plan Options

Plans are the most important feature you look when compare Alice Blue with Marwadi Group. This section compare on high level about type of plans offered by brokers. Multiple Plans - Alice Blue provide Multiple Plans where Marwadi Group doesn't offer Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Alice Blue Marwadi Group
Account Opening Request
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Brokerage Charges

Compare Alice Blue vs Marwadi Group on Brokerage Charges

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Marwadi Group Brokerage Plan detail - This is a standard plan by Marwadi Group.This is % based brokerage plan.Brokerage is between .06% to .3%, which is 6 paisa to 30 paisa per 100 rs.

Brokerage Charges - Compare Alice Blue with Marwadi Group
Brokerage Charges Compare Alice Blue Marwadi Group
Plan Name F15 Plan Basic Trading Plan (Percentage Based)
Equity Delivery Free 0.3% or 30 paisa
Equity Intraday 0.01% or Rs 15 whichever is lower 0.03% or 3 paisa
Equity Futures 0.01% or Rs 15 whichever is lower 0.03% or 3 paisa
Equity Options Rs 15 per executed order Rs 50 Per Lot
Currency Futures 0.01% or Rs 15 whichever is lower 0.03% or 3 paisa
Currency Options Rs 15 per executed order Rs 30 Per Lot
Commodity Trading 0.01% or Rs 15 whichever is lower 0.03% or 3 paisa
Minimum Brokerage NA NIL
Hidden Charges No Info Not Available
Funding Yes - 24% interest PA Info Not Available
Call & Trade Charges Rs 20 per executed Order Info Not Available
Brokerage Calculator Brokerage Calculator for Alice Blue Brokerage Calculator for Marwadi Group
SPAN Margin Calculator SPAN Margin Calculator for Alice Blue SPAN Margin Calculator for Marwadi Group
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Share Broker's Transaction Charges

Compare Alice Blue vs Marwadi Group on Transaction Charges

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

Transaction Charges - Compare Alice Blue with Marwadi Group
Transaction Charges Compare Alice Blue Marwadi Group
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 210 Per Cr Rs 190 Per Cr
Equity Options Rs 5500 Per Cr Rs 5000 Per Cr
Currency Futures Rs 150 Per Cr Rs 110 Per Cr
Currency Options Rs 4400 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for alice-blue Complete Brokerage Plans for marwadi-group
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Account Features

Compare Alice Blue vs Marwadi Group on Account Features

Compare Alice Blue 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 Alice Blue doesn't offers margin funding. NRI Trading - Alice Blue offers NRI where Marwadi Group doesn't offers NRI Trading.

Account Features - Alice Blue with Marwadi Group
Account Features Compare Alice Blue Marwadi Group
3 in 1 Account No Alice Blue have 2-in-1 account. Only Demate and Trading account. No Alice Blue have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No Yes
Online Demo No 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 Yes No
Other Features NIL NIL
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Trading Platform

Compare Alice Blue vs Marwadi Group on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Alice Blue 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 Alice Blue with Marwadi Group
Trading Platform Compare Alice Blue Marwadi Group
Desktop Trading Platform ANT - Analyse and Trade Marwadi ODIN Diet
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://mtrade.marwadionline.com/html5/
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ANT Mobile MSFL Connect
Mobile Trading App Demo ANT Mobile Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod ANT Mobile Download Andriod MSFL Connect Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ANT Mobile 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 Alice Blue Equity Intraday and Delivery Brokerage Calculator for Marwadi Group
Futures Brokerage Calculator Futures Brokerage Calculator for Alice Blue Futures Brokerage Calculator for Marwadi Group
Options Brokerage Calculator Options Brokerage Calculator for Alice Blue Options Brokerage Calculator for Marwadi Group
Detail Detail on Trading Platforms for alice-blue Detail on Trading Platforms for marwadi-group
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare Alice Blue vs Marwadi Group on User Rating

  Alice Blue Marwadi Group
  4 Customer Reviews    Rate Alice Blue 2 Customer Reviews    Rate Marwadi Group
Fees Ratings 3.0 2.0
Trading Brokerage Rating 4.0 2.0
Trading Platform Usability 3.5 2.0
Customer Service Ratings 3.5 1.5
Overall Ratings Rated 2.5 stars Rated 2.5 stars
Broker Rating Alice Blue is Rated 2.5 / 5 based on 4 customer reviews Marwadi Group is Rated 2.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare Alice Blue vs Marwadi Group on Investment Offerings

Compare Alice Blue 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 Alice Blue with Marwadi Group
Investment Offerings Compare Alice Blue Marwadi Group
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No 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 Alice Blue vs Marwadi Group on Order Types

Order Type - Compare Alice Blue 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) - Alice Blue 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) - Alice Blue 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- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Alice Blue with Marwadi Group
Order Type Compare Alice Blue 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 No No
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Margin/Leverage

Compare Alice Blue vs Marwadi Group on Margin/Leverage

Compare Alice Blue with Marwadi Group on Exposure/Margin offered by the broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare Alice Blue with Marwadi Group
Margin Product Compare Alice Blue Marwadi Group
Equity Delivery Margin Alice Blue vs Marwadi Group - Equity Delivery Margin No Margin/Leverage for Equity Delivery. Info Not Available
Equity Intraday Margin Alice Blue vs Marwadi Group - Equity Intraday Margin Up to 3x to 8x leverage for equity MIS orders with F15 Plan and 10x for Bracket order. Up to 10x or 10% subject to Var and ELM.
Futures Margin Alice Blue vs Marwadi Group - Futures Margin Up to 2x leverage 1x means actual SPAN + Exposure.
Options Margin Alice Blue vs Marwadi Group - Options Margin Up to 2x exposure for Options shorting and Buying for MIS orders, Up 4x on buy for cover orders. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
Equity CO Margin Alice Blue vs Marwadi Group - Equity CO Margin Up to 10x margin/leverage in BO order for selected equity scripts and index. Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.
Futures CO Margin Alice Blue vs Marwadi Group - Futures CO Margin Up to 2x margin/leverage in CO/BO order for Futures contracts. 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.
Options CO Margin Alice Blue vs Marwadi Group - Options CO Margin Up to 4x margin/leverage on buy with CO order for Options contracts. 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.
Commodity Margin Alice Blue vs Marwadi Group - Commodity Margin Up to 2x on MCX orders. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
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Customer Service Offered

Compare Alice Blue vs Marwadi Group on Customer Service

Compare Alice Blue 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 Alice Blue with Marwadi Group
Customer Service Compare Alice Blue Marwadi Group
24/7 Customer Service Alice Blue vs Marwadi Group - 24x7 customer support No No
Email Support Alice Blue vs Marwadi Group - Email Support No Yes
Onine Live Chat Alice Blue vs Marwadi Group - Onine Live Chat Yes No
Phone Support Alice Blue vs Marwadi Group - Phone Support Yes Yes
Toll Free Number Alice Blue vs Marwadi Group - Toll Free Number No No
Through Branches Alice Blue vs Marwadi Group - Through Branches Yes Yes
Customer Care Number Alice Blue vs Marwadi Group - Customer Care Number 080-61575500/22174600 Info Not Available
Account Opening Process Alice Blue vs Marwadi Group - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Alice Blue vs Marwadi Group - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Alice Blue vs Marwadi Group - Knowledge Center/Education https://www.aliceblueonline.com/alice-knowledge-base/ Info Not Available
Head Office Address Alice Blue vs Marwadi Group - Head Office Address/Corporate Address Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore 560063
Info Not Available
Website Alice Blue vs Marwadi Group - Company Website https://www.aliceblueonline.com Info Not Available
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Tips/Research/Reports Published

Compare Alice Blue vs Marwadi Group on Research Reports, Tips

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

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

Compare Alice Blue vs Marwadi Group on Demat Account

Compare Alice Blue with Marwadi Group on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare Alice Blue with Marwadi Group
  Alice Blue Marwadi Group
DP Source CDSL CDSL
DP ID Alice Blue vs Marwadi Group - DP ID 83500 No
Demat Account Annual Maintenance Charges(AMC) Rs 400 PA AMC ₹250 pa
Advance Deposit Rs 0 NA-NA-NA-NA-NA-NA-NA-2250#-3600#-NA-NA-NA-2250#-2250#-NA-NA
Statutory charges Rs 150 Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) ₹15 per transaction ₹25
Demat ₹10 per certificate + ₹50 courier charges ₹3 per certificate
Remat ₹30 per certificate + CDSL charges ₹25 per certificate
Pledge Creation ₹20 + CDSL charges ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹20 + CDSL charges ₹20
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹20 + CDSL charges ₹25
Failed Instruction Charges Nil ₹15
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Alice Blue vs Marwadi Group on Special Offers and Promotion

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

Compare Alice Blue vs Marwadi Group on Special Offers and Promotion
  Alice Blue Marwadi Group
Pay In and Pay Out Options Alice Blue 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 Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Alice Blue vs Marwadi Group - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Alice Blue vs Marwadi Group - Bank Supported and Charges Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms. Info Not Available
Bank Detail Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
Info Not Available
Likes

Detail Review...

Research reports, branch office.

Detail Review...

Dislikes
  • Alice Blue doesn't offer NRI trading.
  • A 3-in-1 account opening facility is not available.
  • Alice Blue Mutual Fund App is not available on the App Store.
  • 3rd party trading tools are not free and charge a subscription fee.
  • Does not offer fixed income products like bonds.

Detail Review...

No online support, Plans are not available on website, Major presence in Gujarat only.

Detail Review...

Special Offers/Promo Free delivery Trading, Zero account opening charges.
Enquiry Enquire about Alice Blue Enquire about Marwadi Group

Last Updated on 2021-05-19T22:55:24+00:00


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