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
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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||NSE, BSE, MCX, NCDEX & NSEL||BSE, NSE, MCX, NCDEX,MCX-SX|
|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.|
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.
|Charges||Anand Rathi||Marwadi Group|
|Trading Account Opening Fees||Rs 750||Free|
|Demat Account Opening Fees||Rs 300||Free|
|Demat AMC||Rs 550 PA||Rs 300 PA|
|Provide DP Service|
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.
|Plan Types||Anand Rathi||Marwadi Group|
|Anand Rathi||Marwadi Group|
|Account Opening Request|
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||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|
|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|
Compare Anand Rathi with Marwadi Group on transaction charges and PCM fee by segment.
|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|
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 Compare||Anand Rathi||Marwadi Group|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
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||Marwadi Group|
|Desktop Trading Platform||OMNESYS NEST - Trade X Pro||Marwadi ODIN Diet|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|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 Trading App||Trade Mobi||MSFL Connect|
|Mobile Trading App Demo||Info Not Available||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Trade Mobi Download||Andriod MSFL Connect Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Trade Mobi Download||iOS MSFL Connect Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
|Anand Rathi||Marwadi Group|
|2 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|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|
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||Marwadi Group|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||Life & General Insurance|
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 Type Compare||Anand Rathi||Marwadi Group|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||Anand Rathi||Marwadi Group|
|Equity Delivery Margin||Info Not Available||Info Not Available|
|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||1x means actual SPAN + Exposure.||1x means actual SPAN + Exposure.|
|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||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||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||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||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
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 Service Compare||Anand Rathi||Marwadi Group|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||Info Not Available|
|Account Opening Process||Info Not Available||Info Not Available|
|Customer Support Email||Info Not Available||Info Not Available|
|Knowledge Center/Education||Info Not Available||Info Not Available|
|Head Office Address||Info Not Available||Info Not Available|
|Website||Info Not Available||Info Not Available|
Compare Anand Rathi with Marwadi Group on research reports and tips provided by the broker.
|Anand Rathi||Marwadi Group|
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Anand Rathi with Marwadi Group on Demat Service and Charges. This section covers about demat charges, demat service and other details
|Anand Rathi||Marwadi Group|
|Demat Account Annual Maintenance Charges(AMC)||₹450 pa (Second year onwards)||₹250 pa|
|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|
Compare Anand Rathi with Marwadi Group on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Anand Rathi||Marwadi Group|
|Pay In and Pay Out Options||Info Not Available||Info Not Available|
|Payout Time||Info Not Available||Info Not Available|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|Bank Detail||Info Not Available||Info Not Available|
margin funding available; Advanced Charting tools; after market order
Research reports, branch office.
Hidden brokerage Charges, charges for using some of the platforms, minimum brokerage charges
No online support, Plans are not available on website, Major presence in Gujarat only.
|Enquiry||Enquire about Anand Rathi||Enquire about Marwadi Group|
Last Updated on 2019-07-08T23:21:00+00:00