The brokerage of Groww Max Rs 20 per trade while the brokerage of Marwadi Group ranges between 0.06% to 0.3%. Groww is a Discount Broker where Marwadi Group is a Full Service Broker. Groww is having overall lower rating compare to Marwadi Group. Groww 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 Groww 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 Groww 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 Groww 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 Groww 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||Discount Broker||Full Service Broker|
|Exchanges Supported||NSE, BSE||BSE, NSE, MCX, NCDEX,MCX-SX|
|Broker Overview||Groww app is the best direct mutual fund investment platform at nil brokerage and trade at the maximum chargeable brokerage of Rs. 20 per executed order in stocks and derivatives segment.||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 Groww 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 - Groww offer Free AMC for Demat account where Marwadi Group charges Rs 300 PA AMC for Demat account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Free||Rs 300 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Groww 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||Groww||Marwadi Group|
|Account Opening Request|
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
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||Groww||Marwadi Group|
|Plan Name||Flat Brokerage Plan||Basic Trading Plan (Percentage Based)|
|Equity Delivery||Free||0.3% or 30 paisa|
|Equity Intraday||Rs. 20 or 0.05% whichever is lower||0.03% or 3 paisa|
|Equity Futures||Not Available||0.03% or 3 paisa|
|Equity Options||Not Available||Rs 50 Per Lot|
|Currency Futures||Not Available||0.03% or 3 paisa|
|Currency Options||Not Available||Rs 30 Per Lot|
|Commodity Trading||Not Available||0.03% or 3 paisa|
|Hidden Charges||Info Not Available||Info Not Available|
|Funding||Info Not Available||Info Not Available|
|Call & Trade Charges||Rs 50 Per Executable Order||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for Groww||Brokerage Calculator for Marwadi Group|
|SPAN Margin Calculator||SPAN Margin Calculator for Groww||SPAN Margin Calculator for Marwadi Group|
Compare Groww with Marwadi Group on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Groww||Marwadi Group|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||NA||Rs 190 Per Cr|
|Equity Options||NA||Rs 5000 Per Cr|
|Currency Futures||NA||Rs 110 Per Cr|
|Currency Options||NA||Rs 4000 Per Cr|
|Commodity||NA||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for groww||Complete Brokerage Plans for marwadi-group|
Compare Groww 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 Groww doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - both doesn't offer NRI Trading facility.
|Account Features Compare||Groww||Marwadi Group|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:10 PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w Groww 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||Groww||Marwadi Group|
|Desktop Trading Platform||Marwadi ODIN Diet|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||Yes||https://mtrade.marwadionline.com/html5/|
|Web Trading Demo||Info Not Available||Info Not Available|
|Mobile Trading App||Yes||MSFL Connect|
|Mobile Trading App Demo||Info Not Available||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Yes Download||Andriod MSFL Connect Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Yes Download||iOS MSFL Connect Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Info Not Available|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Groww||Equity Intraday and Delivery Brokerage Calculator for Marwadi Group|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Groww||Futures Brokerage Calculator for Marwadi Group|
|Options Brokerage Calculator||Options Brokerage Calculator for Groww||Options Brokerage Calculator for Marwadi Group|
|Detail||Detail on Trading Platforms for groww||Detail on Trading Platforms for marwadi-group|
|1 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Groww is Rated 5.0 / 5 based on 1 customer reviews||Marwadi Group is Rated 2.5 / 5 based on 2 customer reviews|
Compare Groww 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 Groww 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||Groww||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 Groww 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)- Marwadi Group offers After market orders where Groww doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Groww||Marwadi Group|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Groww 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||Groww||Marwadi Group|
|Equity Delivery Margin||No, Groww don't provide any margin/leverage for delivery/carry forward positions.||Info Not Available|
|Equity Intraday Margin||Up to 14x margin for Intraday leverage for equity.||Up to 10x or 10% subject to Var and ELM.|
|Futures Margin||Info Not Available||1x means actual SPAN + Exposure.|
|Options Margin||Info Not Available||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
|Equity CO Margin||Info Not Available||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.|
|Futures CO Margin||Info Not Available||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.|
|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||Info Not Available||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
Compare Groww 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||Groww||Marwadi Group|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||Info Not Available|
|Account Opening Process||Online||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://groww.in/questions||Info Not Available|
|Head Office Address||Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034||Info Not Available|
|Website||https://groww.in/||Info Not Available|
Compare Groww with Marwadi Group on research reports and tips provided by the broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Groww with Marwadi Group on Demat Service and Charges. This section covers about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹250 pa|
|Transaction Charges on Debit (Per ISIN)||₹25|
|Demat||₹3 per certificate|
|Remat||₹25 per certificate|
|Pledge Creation Confirmation||Nil|
|Pledge Closure Confirmation||Nil|
|Failed Instruction Charges||₹15|
Compare Groww with Marwadi Group on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
|Info Not Available|
|Payout Time||Max 24 hrs except bank holidays||Info Not Available|
|Bank Supported and Charges||Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.||Info Not Available|
|Bank Detail||Info Not Available||Info Not Available|
Research reports, branch office.
No online support, Plans are not available on website, Major presence in Gujarat only.
|Enquiry||Enquire about Groww||Enquire about Marwadi Group|
Last Updated on 2021-01-19T03:04:15+00:00