Marwadi Group Vs HDFC Securities: Which one is better?

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.

Compare Marwadi Group vs HDFC Securities on Service

  Marwadi Group Compare
Marwadi Group
HDFC Securities Compare
HDFC Securities
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,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...Know more about HDFC Securities
Broker Enquiry Open an Online Trading Account with Marwadi Group. Leave your contact info and we will get in touch with you. Open an Online Trading Account with HDFC Securities. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Marwadi Group vs HDFC Securities on Trading & Demat Account Opening Charges

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.

Trading & Demat Account Opening Charges - Compare Marwadi Group with HDFC Securities
Charges Marwadi Group HDFC Securities
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 750 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Marwadi Group vs HDFC Securities on Plan Options

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.

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

Account Opening

  Marwadi Group HDFC Securities
Account Opening Request
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Brokerage Charges

Compare Marwadi Group vs HDFC Securities on Brokerage Charges

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 with HDFC Securities
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
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Share Broker's Transaction Charges

Compare Marwadi Group vs HDFC Securities on Transaction Charges

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

Transaction Charges - Compare Marwadi Group with HDFC Securities
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
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Account Features

Compare Marwadi Group vs HDFC Securities on Account Features

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

Compare Marwadi Group vs HDFC Securities on Trading Platform

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 with HDFC Securities
Trading Platform Compare Marwadi Group HDFC Securities
Desktop Trading Platform Marwadi ODIN Diet Blink
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://mtrade.marwadionline.com/html5/ https://trade.hdfcsec.com/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App MSFL Connect HDFC securities Mobile
Mobile Trading App Demo Info Not Available HDFC securities Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod MSFL Connect Download Andriod HDFC securities Mobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS MSFL Connect Download iOS HDFC securities Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
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

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Broker Ratings by Users

Compare Marwadi Group vs HDFC Securities on User Rating

  Marwadi Group HDFC Securities
  2 Customer Reviews    Rate Marwadi Group 89 Customer Reviews    Rate HDFC Securities
Fees Ratings 2.0 2.4
Trading Brokerage Rating 2.0 2.2
Trading Platform Usability 2.0 3.0
Customer Service Ratings 1.5 2.9
Overall Ratings Rated 2.5 stars Rated 2.5 stars
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
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Investment Offerings

Compare Marwadi Group vs HDFC Securities on Investment Offerings

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 with HDFC Securities
Investment Offerings Compare Marwadi Group HDFC Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No Yes
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service No No
Other Investment Options Life & General Insurance Insurance
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Order Types

Compare Marwadi Group vs HDFC Securities on Order Types

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 Types - Compare Marwadi Group with HDFC Securities
Order Type Compare Marwadi Group HDFC Securities
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre No Yes
Bracket Ordre No No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled No Yes
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Margin/Leverage

Compare Marwadi Group vs HDFC Securities on Margin/Leverage

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.

Exposure/margin - Compare Marwadi Group with HDFC Securities
Margin Product Compare Marwadi Group HDFC Securities
Equity Delivery Margin Marwadi Group vs HDFC Securities - Equity Delivery Margin Info Not Available Upto 4x via Margin Funding.
Equity Intraday Margin Marwadi Group vs HDFC Securities - Equity Intraday Margin Info Not Available Upto 3x leverage for equity.
Futures Margin Marwadi Group vs HDFC Securities - Futures Margin Info Not Available Upto 3x leverage for futures.
Options Margin Marwadi Group vs HDFC Securities - Options Margin Info Not Available Upto 3x margin for Options shorting, No leverage for option buying.
Equity CO Margin Marwadi Group vs HDFC Securities - Equity CO Margin Info Not Available Upto 10x margin/leverage in CO order for selected equity scripts.
Futures CO Margin Marwadi Group vs HDFC Securities - Futures CO Margin Info Not Available Upto 4x margin/leverage in CO order.
Options CO Margin Marwadi Group vs HDFC Securities - Options CO Margin Info Not Available Upto 4x margin/leverage in CO order.
Commodity Margin Marwadi Group vs HDFC Securities - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Marwadi Group vs HDFC Securities on Customer Service

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 Support - Compare Marwadi Group with HDFC Securities
Customer Service Compare Marwadi Group HDFC Securities
24/7 Customer Service Marwadi Group vs HDFC Securities - 24x7 customer support No No
Email Support Marwadi Group vs HDFC Securities - Email Support Yes Yes
Onine Live Chat Marwadi Group vs HDFC Securities - Onine Live Chat No Yes
Phone Support Marwadi Group vs HDFC Securities - Phone Support Yes Yes
Toll Free Number Marwadi Group vs HDFC Securities - Toll Free Number No No
Through Branches Marwadi Group vs HDFC Securities - Through Branches Yes Yes
Customer Care Number Marwadi Group vs HDFC Securities - Customer Care Number Info Not Available 91-22-3355336
Account Opening Process Marwadi Group vs HDFC Securities - Account Opening Process Info Not Available Offline
Customer Support Email Marwadi Group vs HDFC Securities - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Marwadi Group vs HDFC Securities - Knowledge Center/Education Info Not Available https://www.hdfcsec.com/products/demolisting
Head Office Address Marwadi Group vs HDFC Securities - Head Office Address/Corporate Address Info Not Available LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Website Marwadi Group vs HDFC Securities - Company Website Info Not Available https://www.hdfcsec.com/
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Tips/Research/Reports Published

Compare Marwadi Group vs HDFC Securities on Research Reports, Tips

Compare Marwadi Group with HDFC Securities on research reports and tips provided by broker.

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

Compare Marwadi Group vs HDFC Securities on Demat Account

Compare Marwadi Group with HDFC Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Marwadi Group with HDFC Securities
  Marwadi Group HDFC Securities
DP Source CDSL CDSL
DP ID Marwadi Group vs HDFC Securities - DP ID No 12400
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 50-50-40-NA-50-40-30-50-40-50-50-40-40-40-75-75 NIL
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 50-50-40-NA-20-20-20-20-20-20-20-40-40-40-75-75 NIL
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.

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Special Offers,Advantages,Disadvantages

Compare Marwadi Group vs HDFC Securities on Special Offers and Promotion

Compare Marwadi Group with HDFC Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Marwadi Group vs HDFC Securities on Special Offers and Promotion
  Marwadi Group HDFC Securities
Pay In and Pay Out Options Marwadi Group vs 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 Marwadi Group vs HDFC Securities - Payout Time Info Not Available Instance to HDFC Bank.
Bank Supported and Charges Marwadi Group vs HDFC Securities - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Direct from your HDFC bank account.
Likes

Research reports, branch office.

Detail Review...

  • Unique integrated 3 in 1 account.
  • ENCASH Service where u get sell script amount on same day.
  • Training and education.
  • Portfolio tracker and live market watch.
  • Offers NRI account.

Detail Review...

Dislikes

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

Detail Review...

  • Doesn't offer trading in commodity.
  • Having a saving account with HDFC is must.
  • Minimum brokerage charges.
  • Desktop Terminal "BLINK" is paid service.
  • Paid SMS research call.

Detail Review...

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







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