Compare 3 Brokers

Edelweiss Vs Marwadi Group: Which one is better?

The brokerage of Edelweiss ranges between Max Rs 10 while the brokerage of Marwadi Group ranges between 0.06% to 0.3%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3.5 out of 5.

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

  Edelweiss Compare
Edelweiss
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? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX,MCX-SX
Active Clients 1,65,052 1,11,764
Broker Overview A huge network of sub-brokers, trading in all of the segments backed up by strong research, strategies and analytical tools. 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 Edelweiss. 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 Edelweiss vs Marwadi Group on Trading & Demat Account Opening Charges

Comparison of Edelweiss 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 - Edelweiss charges Rs 300 pa (Second Year Onward) AMC for Demat account where Marwadi Group charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Edelweiss with Marwadi Group
Charges Edelweiss Marwadi Group
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 pa (Second Year Onward) Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Edelweiss vs Marwadi Group on Plan Options

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

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

Account Opening

  Edelweiss Marwadi Group
Account Opening Request
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Brokerage Charges

Compare Edelweiss vs Marwadi Group on Brokerage Charges

Edelweiss Brokerage Plan detail - This plan is available to Online users only. With this plan, Edelweiss is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this 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 Edelweiss with Marwadi Group
Brokerage Charges Compare Edelweiss Marwadi Group
Plan Name Edelweiss Lite Basic Trading Plan (Percentage Based)
Equity Delivery Rs.10 / 0.01% whichever lower 0.3% or 30 paisa
Equity Intraday Rs.10 / 0.01% whichever lower 0.03% or 3 paisa
Equity Futures Rs.10 / 0.01% whichever lower 0.03% or 3 paisa
Equity Options Flat Fee Rs 10 Rs 50 Per Lot
Currency Futures Rs.10 / 0.01% whichever lower 0.03% or 3 paisa
Currency Options Flat Fee Rs 10 Rs 30 Per Lot
Commodity Trading 0.01% 0.03% or 3 paisa
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 24% interest PA Info Not Available
Call & Trade Charges Free Info Not Available
Brokerage Calculator Brokerage Calculator for Edelweiss Brokerage Calculator for Marwadi Group
SPAN Margin Calculator SPAN Margin Calculator for Edelweiss SPAN Margin Calculator for Marwadi Group
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Share Broker's Transaction Charges

Compare Edelweiss vs Marwadi Group on Transaction Charges

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

Transaction Charges - Compare Edelweiss with Marwadi Group
Transaction Charges Compare Edelweiss 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 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 110 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for edelweiss-broking Complete Brokerage Plans for marwadi-group
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Account Features

Compare Edelweiss vs Marwadi Group on Account Features

Compare Edelweiss 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 - Edelweiss offers NRI where Marwadi Group doesn't offers NRI Trading.

Account Features - Edelweiss with Marwadi Group
Account Features Compare Edelweiss Marwadi Group
3 in 1 Account No Edelweiss have 2-in-1 account. Only Demate and Trading account. No Edelweiss 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 No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Edelweiss vs Marwadi Group on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Edelweiss 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 Edelweiss with Marwadi Group
Trading Platform Compare Edelweiss Marwadi Group
Desktop Trading Platform Xtreme Trader 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 https://tlounge.edelweiss.in/Login 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 Edelweiss Mobile Trader MSFL Connect
Mobile Trading App Demo Edelweiss Mobile Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Edelweiss Mobile Trader Download Andriod MSFL Connect Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Edelweiss Mobile Trader 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 Edelweiss Equity Intraday and Delivery Brokerage Calculator for Marwadi Group
Futures Brokerage Calculator Futures Brokerage Calculator for Edelweiss Futures Brokerage Calculator for Marwadi Group
Options Brokerage Calculator Options Brokerage Calculator for Edelweiss Options Brokerage Calculator for Marwadi Group
Detail Detail on Trading Platforms for edelweiss-broking 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 Edelweiss vs Marwadi Group on User Rating

  Edelweiss Marwadi Group
  3 Customer Reviews    Rate Edelweiss 2 Customer Reviews    Rate Marwadi Group
Fees Ratings 2.7 2.0
Trading Brokerage Rating 3.3 2.0
Trading Platform Usability 3.7 2.0
Customer Service Ratings 2.0 1.5
Overall Ratings Rated 2.3 stars Rated 2.5 stars
Broker Rating Edelweiss is Rated 2.3 / 5 based on 3 customer reviews Marwadi Group is Rated 2.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare Edelweiss vs Marwadi Group on Investment Offerings

Compare Edelweiss 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) - Edelweiss provide PMS Service where Marwadi Group doesn't offer

Investment Offerings - Compare Edelweiss with Marwadi Group
Investment Offerings Compare Edelweiss 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 Yes No
PMS Service Yes No
Other Investment Options NIL Life & General Insurance
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Order Types

Compare Edelweiss vs Marwadi Group on Order Types

Order Type - Compare Edelweiss 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) - Edelweiss 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) - 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 Edelweiss with Marwadi Group
Order Type Compare Edelweiss Marwadi Group
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Margin/Leverage

Compare Edelweiss vs Marwadi Group on Margin/Leverage

Compare Edelweiss 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 Edelweiss with Marwadi Group
Margin Product Compare Edelweiss Marwadi Group
Equity Delivery Margin Edelweiss vs Marwadi Group - Equity Delivery Margin Up to 4x on equity delivery with Margin Funding. Info Not Available
Equity Intraday Margin Edelweiss vs Marwadi Group - Equity Intraday Margin Up to 10x leverage for equity MIS orders. Up to 10x or 10% subject to Var and ELM.
Futures Margin Edelweiss vs Marwadi Group - Futures Margin Up to 2x leverage for Index and Stocks. 1x means actual SPAN + Exposure.
Options Margin Edelweiss vs Marwadi Group - Options Margin Up to 2x margin for Options shorting, No leverage for option buying 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
Equity CO Margin Edelweiss vs Marwadi Group - Equity CO Margin Up to 80x margin/leverage in CO order for selected equity scripts. Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.
Futures CO Margin Edelweiss vs Marwadi Group - Futures CO Margin Up to 80x margin/leverage in CO order for Futures contracts. 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.
Options CO Margin Edelweiss vs Marwadi Group - Options CO Margin Info Not Available 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.
Commodity Margin Edelweiss vs Marwadi Group - Commodity Margin Complete SPAN+Exposure is required for MCX and NCDEX. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
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Customer Service Offered

Compare Edelweiss vs Marwadi Group on Customer Service

Compare Edelweiss 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 Edelweiss with Marwadi Group
Customer Service Compare Edelweiss Marwadi Group
24/7 Customer Service Edelweiss vs Marwadi Group - 24x7 customer support No No
Email Support Edelweiss vs Marwadi Group - Email Support Yes Yes
Onine Live Chat Edelweiss vs Marwadi Group - Onine Live Chat No No
Phone Support Edelweiss vs Marwadi Group - Phone Support Yes Yes
Toll Free Number Edelweiss vs Marwadi Group - Toll Free Number Yes No
Through Branches Edelweiss vs Marwadi Group - Through Branches Yes Yes
Customer Care Number Edelweiss vs Marwadi Group - Customer Care Number 040-4905-9999 Info Not Available
Account Opening Process Edelweiss vs Marwadi Group - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Edelweiss vs Marwadi Group - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Edelweiss vs Marwadi Group - Knowledge Center/Education https://www.edelweiss.in/faqs Info Not Available
Head Office Address Edelweiss vs Marwadi Group - Head Office Address/Corporate Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Info Not Available
Website Edelweiss vs Marwadi Group - Company Website https://www.edelweiss.in Info Not Available
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Tips/Research/Reports Published

Compare Edelweiss vs Marwadi Group on Research Reports, Tips

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

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

Compare Edelweiss vs Marwadi Group on Demat Account

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

Demat Charges - Compare Edelweiss with Marwadi Group
  Edelweiss Marwadi Group
DP Source CDSL CDSL
DP ID Edelweiss vs Marwadi Group - DP ID 19100 No
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) ₹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) 0.02% of transaction value or ₹20 per transaction whichever is higher ₹25
Demat ₹2 per certificate + ₹30 courier charges ₹3 per certificate
Remat ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges ₹25 per certificate
Pledge Creation 0.02% of transaction value (Min ₹50) ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure 0.02% of transaction value (Min ₹50) ₹20
Pledge Closure Confirmation Nil Nil
Pledge Invocation 0.02% of transaction value (Min ₹50) ₹25
Failed Instruction Charges Nil ₹15
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Edelweiss vs Marwadi Group on Special Offers and Promotion

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

Compare Edelweiss vs Marwadi Group on Special Offers and Promotion
  Edelweiss Marwadi Group
Pay In and Pay Out Options Edelweiss 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 Terminal X3,Edelweiss Web,Mobile Trader.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Edelweiss vs Marwadi Group - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Edelweiss vs Marwadi Group - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Edelweiss Broking Limited,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
Info Not Available
Likes

Detail Review...

Research reports, branch office.

Detail Review...

Dislikes
  • Does not offer 3-in-1 account opening facility.
  • Edelweiss Lite, a discount brokerage plan is available only to online traders & investors.
  • Research, portfolio optimizer, call & trade services are not free for Edelweiss Lite Plan subscribers.
  • DP charges are bit higher compared to brokers.

Detail Review...

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

Detail Review...

Special Offers/Promo Free online trading account, Pay Max ₹10 as your brokerage.
Enquiry Enquire about Edelweiss Enquire about Marwadi Group

Last Updated on 2021-02-01T22:52:15+00:00


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