The brokerage of Marwadi Group ranges between 0.06% to 0.3% while the brokerage of HDFC Securities ranges between .05 to .5%. Both the brokers are Full Service brokers. Marwadi Group is having overall lower rating compare to HDFC Securities. Marwadi Group is rated only 3.5 out of 5 where HDFC Securities is rated 4 out of 5.
Here we present side-by-side comparison of Marwadi Group vs HDFC Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Marwadi Group vs HDFC Securities'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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX,MCX-SX||BSE, NSE|
|Broker Overview||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.||Runner up in the "Best e-brokerage House" category by Outlook Money, HDFC Securities offers both retail and institutional brokering with 250 branches and more than 1.5 million customers. HDFC securities also serves as a distributor of financial produ...|
In this section we have compared Marwadi Group with HDFC Securities on trading & demat account opening charges and AMC. Trading account opening charges - Marwadi Group offer Free account opening where HDFC Securities charges Rs 999 for account opeing. Demat AMC charges - Marwadi Group charges Rs 300 PA AMC for Demat account where HDFC Securities charges Rs 750 PA (Waived for 1st year) AMC for Demat account.
|Charges||Marwadi Group||HDFC Securities|
|Trading Account Opening Fees||Free||Rs 999|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 300 PA||Rs 750 PA (Waived for 1st year)|
|Provide DP Service|
Plans are the most important feature you look when compare Marwadi Group with HDFC Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Marwadi Group||HDFC Securities|
|Marwadi Group||HDFC Securities|
|Account Opening Request|
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.
HDFC Securities Brokerage Plan detail - HDFC Securities have % base brokerage plan, where Minimum brokerage is fix @Rs25 Per Order. They are second best in Currency derivatives plan. Equity Intraday & Option prices are on higher range and Equity Delivery & Future trading is on average brokerage level with compare to other full service brokers.
|Brokerage Charges Compare||Marwadi Group||HDFC Securities|
|Plan Name||Basic Trading Plan (Percentage Based)||Online Trading Plan (Percentage Based)|
|Equity Delivery||0.3% or 30 paisa||0.5% or 50 paisa|
|Equity Intraday||0.03% or 3 paisa||0.05% or 5 paisa|
|Equity Futures||0.03% or 3 paisa||0.05% or 5 paisa|
|Equity Options||Rs 50 Per Lot||0.1% of Premium or Rs 100 per lot whichever is high|
|Currency Futures||0.03% or 3 paisa||Rs 23 per lot|
|Currency Options||Rs 30 Per Lot||Rs 20 per lot|
|Commodity Trading||0.03% or 3 paisa||NA|
|Minimum Brokerage||Rs 25|
|Hidden Charges||Info Not Available||Yes|
|Funding||Info Not Available||Yes - 18% interest PA|
|Call & Trade Charges||Info Not Available||Free|
|Brokerage Calculator||Brokerage Calculator for Marwadi Group||Brokerage Calculator for HDFC Securities|
|SPAN Margin Calculator||SPAN Margin Calculator for Marwadi Group||SPAN Margin Calculator for HDFC Securities|
Compare Marwadi Group with HDFC Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Marwadi Group||HDFC Securities|
|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||NA|
|Brokerage Charges||Complete Brokerage Plans for marwadi-group||Complete Brokerage Plans for hdfc-securities|
Compare Marwadi Group with HDFC Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Securities offers 3-in-1 account where Marwadi Group offers only 2-in-1 account which includes trading and demat account. Algo Trading - Marwadi Group offers Algo Trading where HDFC Securities doesn't offers Algo Trading. Margin Funding - Marwadi Group offers margin funding where HDFC Securities doesn't offers margin funding. NRI Trading - HDFC Securities offers NRI where Marwadi Group doesn't offers NRI Trading.
|Account Features Compare||Marwadi Group||HDFC Securities|
|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 Marwadi Group and HDFC Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
|Trading Platform Compare||Marwadi Group||HDFC Securities|
|Desktop Trading Platform||Marwadi ODIN Diet||Blink|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://mtrade.marwadionline.com/html5/||https://trade.hdfcsec.com/|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||MSFL Connect||HDFC securities Mobile|
|Mobile Trading App Demo||Info Not Available||HDFC securities Mobile Demo|
|Android Mobile App|
|Android App Download||Andriod MSFL Connect Download||Andriod HDFC securities Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS MSFL Connect Download||iOS HDFC securities Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Info Not Available||Yes, Blink - Rs 3999 PA,ProTerminal -Rs 1999 PA|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Marwadi Group||Equity Intraday and Delivery Brokerage Calculator for HDFC Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Marwadi Group||Futures Brokerage Calculator for HDFC Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for Marwadi Group||Options Brokerage Calculator for HDFC Securities|
|Detail||Detail on Trading Platforms for marwadi-group||Detail on Trading Platforms for hdfc-securities|
|Marwadi Group||HDFC Securities|
|2 Customer Reviews||89 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Marwadi Group is Rated 2.5 / 5 based on 2 customer reviews||HDFC Securities is Rated 2.5 / 5 based on 89 customer reviews|
Compare Marwadi Group with HDFC Securities 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 brokers 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 HDFC Securities doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||Marwadi Group||HDFC Securities|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Life & General Insurance||Insurance|
Order Type - Compare Marwadi Group with HDFC Securities on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - HDFC Securities provides 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 brokers 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 HDFC Securities doesn't offers AMO. GTC Orders- HDFC Securities offers Good Till Cancelled (GTC) orders where Marwadi Group doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Marwadi Group||HDFC Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Marwadi Group with HDFC Securities on Exposure/Margin offered by 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||Marwadi Group||HDFC Securities|
|Equity Delivery Margin||Info Not Available||Upto 4x via Margin Funding.|
|Equity Intraday Margin||Info Not Available||Upto 3x leverage for equity.|
|Futures Margin||Info Not Available||Upto 3x leverage for futures.|
|Options Margin||Info Not Available||Upto 3x margin for Options shorting, No leverage for option buying.|
|Equity CO Margin||Info Not Available||Upto 10x margin/leverage in CO order for selected equity scripts.|
|Futures CO Margin||Info Not Available||Upto 4x margin/leverage in CO order.|
|Options CO Margin||Info Not Available||Upto 4x margin/leverage in CO order.|
|Commodity Margin||Info Not Available||Info Not Available|
Compare Marwadi Group with HDFC Securities on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
|Customer Service Compare||Marwadi Group||HDFC Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||91-22-3355336|
|Account Opening Process||Info Not Available||Offline|
|Customer Support Email||Info Not Available||[email protected]|
|Knowledge Center/Education||Info Not Available||https://www.hdfcsec.com/products/demolisting|
|Head Office Address||Info Not Available||LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
|Website||Info Not Available||https://www.hdfcsec.com/|
Compare Marwadi Group with HDFC Securities on research reports and tips provided by broker.
|Marwadi Group||HDFC Securities|
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Marwadi Group with HDFC Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Marwadi Group||HDFC Securities|
|Demat Account Annual Maintenance Charges(AMC)||300-300-500-1000-250-400-1000-250*-400*-250-999*-250-250*-250*-NIL-100||For Non BSDA Individual a/c :- Rs.750/- p.a For BSDA Individual a/c :-Nil charges in case holding value 0 to 50,000/- Rs 100/- p.a in case holding value between 50,001 to 2,00,000/- Rs 750/- per annum in case holding value more than 2,00,000/- For Corporate a/c:- Rs.1,500/- p.a|
|Advance Deposit||NA-NA-NA-NA-NA-NA-NA-2250#-3600#-NA-NA-NA-2250#-2250#-NA-NA||Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/-|
|Statutory charges||0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0||Stamp duty -Nil|
|Transaction Charges on Debit (Per ISIN)||15-15-20$(Max500)-50$(Max500)-25$-20$-15$-25$-20$-25$-25$-20$(Max500)-20$(Max500)-25$(Max100)-$70^-$70^||a)0.04% of the value of txn subj to min Rs.20/-per txn done by EASIEST.For BSDA a/c-It is 0.06%, Min Rs. 40/- b)0.04% of the value of txn subj to Min Rs.25/-per txn done by HDFC secu.For BSDA a/c-It is 0.06%, Min Rs 45/- c)0.04% of the value of txn subj to Min Rs.40/-per txn undertaken by Manual txn.For BSDA a/c-It is 0.06%,Min Rs. 60/- d)For Debt txn 0.04% of the value of txn subj to Min Rs.40/-& Max Rs 5,000/-per txn.For BSDA a/c-It is 0.06%, Min Rs. 60/-& Max Rs 5,000/- (e) If instruction is submitted on the date of execution then 0.25% of the value of txn subj to Min Rs. 25/-per txn|
|Demat||3-3-NA-NA-3-3-2-3-3-NA-3-NA-NA-NA-10-10||Rs. 5/- per certificate + Rs.35/- per Dematerialisation request submitted|
|Remat||25-25-80-NA-25-25-25-25-25-NA-25-80-80-50-50-50||Rs. 30/-per request + CDSL actuals|
|Pledge Creation Confirmation||NIL||(a) 0.04% of the value of the txn subject to min of Rs. 40/- per txn, if the pledge is marked to other than HDFC Bank. For BSDA a/c- 0.06%, of the value of the txn subject to min of Rs. 60/- per txn, if the pledge is marked to other than HDFC Bank (b) 0.02% of the value of the txn subject to min of Rs. 40/- per txn, if the pledge is marked in favour of HDFC Bank. For BSDA a/c- 0.04% of the value of the txn subject to min of Rs. 60/- per txn, if the pledge is marked in favour of HDFC Bank|
|Pledge Closure Confirmation||NIL||(a) 0.04% of the value of the txn subject to min of Rs. 40/- per txn, if the pledge is marked to other than HDFC Bank. For BSDA a/c- 0.06% of the value of the txn subject to min of Rs. 60/- per txn, if the pledge is marked to other than HDFC Bank (b) 0.02% of the value of the txn subject to min of Rs. 40/- per txn, if the pledge is marked in favour of HDFC Bank. For BSDA a/c- 0.04% of the value of the txn subject to min of Rs. 60/- per txn, if the pledge is marked in favour of HDFC Bank|
|Pledge Invocation||50-50-50-NA-25-25-25-25-25-25-25-50-50-50-75-75||(a) 0.04% of the value of the txn subject to min of Rs. 40/- per txn, if the pledge is marked to other than HDFC Bank. For BSDA a/c- 0.06% of the value of the txn subject to min of Rs. 60/- per txn, if the pledge is marked to other than HDFC Bank (b) 0.02% of the value of the txn subject to min of Rs. 40/- per txn, if the pledge is marked in favour of HDFC Bank. For BSDA a/c- 0.04% of the value of the txn subject to min of Rs. 60/- per txn, if the pledge is marked in favour of HDFC Bank (delivery / receipt)|
|Failed Instruction Charges||RS10/- ONLY IN TARIFF 99-RS.15/- FOR G2 & G3||NIL|
|Other Charges||Imprest Amount -T1:2000-CC:5000-TL:2000,||(a)Mailing charges for non-periodic statements & other communication, Rs. 35/- for inland & Rs. 500/- for foreign address. (b) Rs. 250/- for restoring services if account is suspended for non payment of charges (c) Reissuance of Delivery Instruction Booklet(DIB) - Rs 75/- per Booklet d )Settlement Charges:Rs.250/- p.m for CM Principle account & Unified Settlement account & Rs 500/- p.m for CM Settlement account.|
Compare Marwadi Group with HDFC Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Marwadi Group||HDFC Securities|
|Pay In and Pay Out Options||Info Not Available||Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
|Payout Time||Info Not Available||Instance to HDFC Bank.|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|Bank Detail||Info Not Available||Direct from your HDFC bank account.|
Research reports, branch office.
No online support, Plans are not available on website, Major presence in Gujarat only.
|Special Offers/Promo||Get HDFC Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.|
|Enquire about Marwadi Group||Enquire about HDFC Securities|
Last Updated on 2019-06-23T23:14:53+00:00