Compare 3 Brokers

Anand Rathi Vs Marwadi Group: Which one is better?

The brokerage of Anand Rathi ranges between 0.05 to 0.5% while the brokerage of Marwadi Group ranges between 0.06% to 0.3%. Both the brokers are Full Service brokers. Anand Rathi is having overall lower rating compare to Marwadi Group. Anand Rathi is rated only 3 out of 5 where Marwadi Group is rated 3.5 out of 5.

Here we present side-by-side comparison of Anand Rathi 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 Anand Rathi 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 Anand Rathi 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 Anand Rathi 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 Anand Rathi vs Marwadi Group on Service

  Anand Rathi Compare
Anand Rathi
Marwadi Group Compare
Marwadi Group
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX, NCDEX & NSEL BSE, NSE, MCX, NCDEX,MCX-SX
Active Clients 90,448 1,11,764
Broker Overview A Brokerage firm with extensive reach through its wide network of branches and sub brokers. Though not very open in terms of brokerage charges. 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 Anand Rathi. 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 Anand Rathi vs Marwadi Group on Trading & Demat Account Opening Charges

Comparison of Anand Rathi with Marwadi Group on trading & demat account opening charges and AMC. Trading account opening charges - Marwadi Group offer Free account opening where Anand Rathi charges Rs 750 for account opening. Demat AMC charges - Anand Rathi charges Rs 550 PA AMC for Demat account where Marwadi Group charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Anand Rathi with Marwadi Group
Charges Anand Rathi Marwadi Group
Trading Account Opening Fees Rs 750 Free
Trading AMC Free Free
Demat Account Opening Fees Rs 300 Free
Demat AMC Rs 550 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Anand Rathi vs Marwadi Group on Plan Options

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

Account Opening

  Anand Rathi Marwadi Group
Account Opening Request
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Brokerage Charges

Compare Anand Rathi vs Marwadi Group on Brokerage Charges

Anand Rathi Brokerage Plan detail - its a basic plan and provide brokers, brokerage are bit higher as .05 to .5% where competitor are charging much less in similar plan.They have Advance plan with monthly fees.

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 Anand Rathi with Marwadi Group
Brokerage Charges Compare Anand Rathi Marwadi Group
Plan Name Classic Trading Plan (Percentage Based) Basic Trading Plan (Percentage Based)
Equity Delivery 0.5% or 50 paisa 0.3% or 30 paisa
Equity Intraday 0.05% -0.015% 0.03% or 3 paisa
Equity Futures 0.05% or 5 paisa 0.03% or 3 paisa
Equity Options 0.5% of Premium or Rs 20 per lot whichever is high Rs 50 Per Lot
Currency Futures 0.05% or 5 paisa 0.03% or 3 paisa
Currency Options 0.5% of Premium or Rs 20 per lot whichever is high Rs 30 Per Lot
Commodity Trading 0.05% or 5 paisa 0.03% or 3 paisa
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Info Not Available Info Not Available
Brokerage Calculator Brokerage Calculator for Anand Rathi Brokerage Calculator for Marwadi Group
SPAN Margin Calculator SPAN Margin Calculator for Anand Rathi SPAN Margin Calculator for Marwadi Group
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Share Broker's Transaction Charges

Compare Anand Rathi vs Marwadi Group on Transaction Charges

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

Transaction Charges - Compare Anand Rathi with Marwadi Group
Transaction Charges Compare Anand Rathi Marwadi Group
Equity Delivery Rs 350 Per Cr Rs 325 Per Cr
Equity Intraday Rs 350 Per Cr Rs 325 Per Cr
Equity Futures Rs 200 Per Cr Rs 190 Per Cr
Equity Options Rs 6000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 120 Per Cr Rs 110 Per Cr
Currency Options Rs 4200 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 anand-rathi-broker Complete Brokerage Plans for marwadi-group
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Account Features

Compare Anand Rathi vs Marwadi Group on Account Features

Compare Anand Rathi 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 - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Anand Rathi offers NRI where Marwadi Group doesn't offers NRI Trading.

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

Compare Anand Rathi vs Marwadi Group on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Anand Rathi 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 Anand Rathi with Marwadi Group
Trading Platform Compare Anand Rathi Marwadi Group
Desktop Trading Platform OMNESYS NEST - Trade X Pro 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://www.anandrathi.com/Otn/Login/indexauth.jsp 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 Trade Mobi MSFL Connect
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Trade Mobi Download Andriod MSFL Connect Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Trade Mobi Download iOS MSFL Connect Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Info Not Available Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Anand Rathi Equity Intraday and Delivery Brokerage Calculator for Marwadi Group
Futures Brokerage Calculator Futures Brokerage Calculator for Anand Rathi Futures Brokerage Calculator for Marwadi Group
Options Brokerage Calculator Options Brokerage Calculator for Anand Rathi Options Brokerage Calculator for Marwadi Group
Detail Detail on Trading Platforms for anand-rathi-broker 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 Anand Rathi vs Marwadi Group on User Rating

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

Compare Anand Rathi vs Marwadi Group on Investment Offerings

Compare Anand Rathi 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 Anand Rathi with Marwadi Group
Investment Offerings Compare Anand Rathi 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 Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes 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 Anand Rathi vs Marwadi Group on Order Types

Order Type - Compare Anand Rathi 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) - Both broker don't have Cover Orders (CO).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) - Both broker don't have Bracket Orders (BO).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 Anand Rathi with Marwadi Group
Order Type Compare Anand Rathi Marwadi Group
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No No
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Margin/Leverage

Compare Anand Rathi vs Marwadi Group on Margin/Leverage

Compare Anand Rathi 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 Anand Rathi with Marwadi Group
Margin Product Compare Anand Rathi Marwadi Group
Equity Delivery Margin Anand Rathi vs Marwadi Group - Equity Delivery Margin Info Not Available Info Not Available
Equity Intraday Margin Anand Rathi vs Marwadi Group - Equity Intraday Margin Up to 10x or 10% subject to Var and ELM. Up to 10x or 10% subject to Var and ELM.
Futures Margin Anand Rathi vs Marwadi Group - Futures Margin 1x means actual SPAN + Exposure. 1x means actual SPAN + Exposure.
Options Margin Anand Rathi vs Marwadi Group - Options Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
Equity CO Margin Anand Rathi vs Marwadi Group - Equity CO Margin Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order. Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.
Futures CO Margin Anand Rathi vs Marwadi Group - Futures CO Margin 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order. 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.
Options CO Margin Anand Rathi vs Marwadi Group - Options CO Margin 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order. 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.
Commodity Margin Anand Rathi vs Marwadi Group - Commodity Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
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Customer Service Offered

Compare Anand Rathi vs Marwadi Group on Customer Service

Compare Anand Rathi 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 Anand Rathi with Marwadi Group
Customer Service Compare Anand Rathi Marwadi Group
24/7 Customer Service Anand Rathi vs Marwadi Group - 24x7 customer support No No
Email Support Anand Rathi vs Marwadi Group - Email Support Yes Yes
Onine Live Chat Anand Rathi vs Marwadi Group - Onine Live Chat Yes No
Phone Support Anand Rathi vs Marwadi Group - Phone Support Yes Yes
Toll Free Number Anand Rathi vs Marwadi Group - Toll Free Number Yes No
Through Branches Anand Rathi vs Marwadi Group - Through Branches Yes Yes
Customer Care Number Anand Rathi vs Marwadi Group - Customer Care Number Info Not Available Info Not Available
Account Opening Process Anand Rathi vs Marwadi Group - Account Opening Process Info Not Available Info Not Available
Customer Support Email Anand Rathi vs Marwadi Group - Customer Support Email Info Not Available Info Not Available
Knowledge Center/Education Anand Rathi vs Marwadi Group - Knowledge Center/Education Info Not Available Info Not Available
Head Office Address Anand Rathi vs Marwadi Group - Head Office Address/Corporate Address Info Not Available Info Not Available
Website Anand Rathi vs Marwadi Group - Company Website Info Not Available Info Not Available
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Tips/Research/Reports Published

Compare Anand Rathi vs Marwadi Group on Research Reports, Tips

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

Research Reports - Compare Anand Rathi with Marwadi Group
  Anand Rathi Marwadi Group
Research Mutual Funds Anand Rathi vs Marwadi Group - Research Mutual Funds Yes Yes
Research Equity Reports Anand Rathi vs Marwadi Group - Research Equity Reports Yes Yes
Research ETF Anand Rathi vs Marwadi Group - Research ETF Yes Yes
Daily Market Report Anand Rathi vs Marwadi Group - Daily Market Report Yes Yes
Free Tips Anand Rathi vs Marwadi Group - Free Tips Yes Yes
Quarterly Result Analysis Anand Rathi vs Marwadi Group - Quarterly Results Yes Yes
News Alerts Anand Rathi vs Marwadi Group - Yes Yes
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Demat Account

Compare Anand Rathi vs Marwadi Group on Demat Account

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

Demat Charges - Compare Anand Rathi with Marwadi Group
  Anand Rathi Marwadi Group
DP Source CDSL CDSL
DP ID Anand Rathi vs Marwadi Group - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹450 pa (Second year onwards) ₹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) ₹15 + ₹5.50 CDSL charges ₹25
Demat ₹3 per certificate + ₹35 courier charges ₹3 per certificate
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) ₹25 per certificate
Pledge Creation 0.01% of the value (Min ₹50) + CDSL charges ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure 0.01% of the value (Min ₹50) + CDSL charges ₹20
Pledge Closure Confirmation 0.01% of the value (Min ₹50) + CDSL charges Nil
Pledge Invocation 0.01% of the value (Min ₹50) + CDSL charges ₹25
Failed Instruction Charges ₹25 ₹15
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Anand Rathi vs Marwadi Group on Special Offers and Promotion

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

Compare Anand Rathi vs Marwadi Group on Special Offers and Promotion
  Anand Rathi Marwadi Group
Pay In and Pay Out Options Anand Rathi vs Marwadi Group - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time Anand Rathi vs Marwadi Group - Payout Time Info Not Available Info Not Available
Bank Supported and Charges Anand Rathi vs Marwadi Group - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
Likes

margin funding available; Advanced Charting tools; after market order

Detail Review...

Research reports, branch office.

Detail Review...

Dislikes

Hidden brokerage Charges, charges for using some of the platforms, minimum brokerage charges

Detail Review...

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

Detail Review...

Special Offers/Promo
Enquiry Enquire about Anand Rathi Enquire about Marwadi Group

Last Updated on 2019-07-08T23:21:00+00:00


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