Compare 3 Brokers

IIFL Securities Vs Marwadi Group: Which one is better?

The brokerage of IIFL Securities ranges between .025 to .25% while the brokerage of Marwadi Group ranges between 0.06% to 0.3%. Both the brokers are Full Service brokers. IIFL Securities is having overall higher rating compare to Marwadi Group. IIFL Securities is rated 4 out of 5 where Marwadi Group is rated only 3.5 out of 5.

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

  IIFL Securities Compare
IIFL Securities
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? NSE, BSE, MCX, NCDEX BSE, NSE, MCX, NCDEX,MCX-SX
Active Clients 3,24,853 1,11,764
Broker Overview IIFL Securities is one of the best brokers in terms of its Z20 flat discount brokerage plan, IIFL Markets Mobile app, best research & advisory, complete investment solution, and personalized Portfolio Management Service. 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 IIFL Securities. 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 IIFL Securities vs Marwadi Group on Trading & Demat Account Opening Charges

Comparison of IIFL Securities with Marwadi Group on trading & demat account opening charges and AMC. Trading account opening charges - Marwadi Group offer Free account opening where IIFL Securities charges Rs 250 (Rs 0, Promotion offer) for account opening. Demat AMC charges - IIFL Securities charges Rs 450 PA (Waived for 1st year) AMC for Demat account where Marwadi Group charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities with Marwadi Group
Charges IIFL Securities Marwadi Group
Trading Account Opening Fees Rs 250 (Rs 0, Promotion offer) Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 450 PA (Waived for 1st year) Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare IIFL Securities vs Marwadi Group on Plan Options

Plans are the most important feature you look when compare IIFL Securities 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.

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

Account Opening

  IIFL Securities Marwadi Group
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs Marwadi Group on Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL Z20 flat discount brokerage plan offers Free delivery trading and charges a maximum of Rs. 20 per order brokerage across segments.

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 IIFL Securities with Marwadi Group
Brokerage Charges Compare IIFL Securities Marwadi Group
Plan Name IIFL Z20 Brokerage Plan Basic Trading Plan (Percentage Based)
Equity Delivery Free 0.3% or 30 paisa
Equity Intraday Rs. 20/- per executed order or 0.05% whichever is 0.03% or 3 paisa
Equity Futures Rs. 20/- per executed order or 0.05% whichever is 0.03% or 3 paisa
Equity Options Flat Rs 20 per executed order Rs 50 Per Lot
Currency Futures Rs. 20/- per executed order or 0.05% whichever is 0.03% or 3 paisa
Currency Options Rs. 20/- per executed order or 0.05% whichever is Rs 30 Per Lot
Commodity Trading Rs. 20/- per executed order or 0.05% whichever is 0.03% or 3 paisa
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Rs 50 Per Call + GST Info Not Available
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for Marwadi Group
SPAN Margin Calculator SPAN Margin Calculator for IIFL Securities SPAN Margin Calculator for Marwadi Group
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Share Broker's Transaction Charges

Compare IIFL Securities vs Marwadi Group on Transaction Charges

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

Transaction Charges - Compare IIFL Securities with Marwadi Group
Transaction Charges Compare IIFL Securities 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 iifl-securities Complete Brokerage Plans for marwadi-group
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Account Features

Compare IIFL Securities vs Marwadi Group on Account Features

Compare IIFL Securities 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 IIFL Securities doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - IIFL Securities offers NRI where Marwadi Group doesn't offers NRI Trading.

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

Compare IIFL Securities vs Marwadi Group on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities 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 IIFL Securities with Marwadi Group
Trading Platform Compare IIFL Securities Marwadi Group
Desktop Trading Platform IIFL Trader terminal 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://ttweb.indiainfoline.com 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 IIFL Markets MSFL Connect
Mobile Trading App Demo IIFL Markets Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod IIFL Markets Download Andriod MSFL Connect Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS IIFL Markets 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 IIFL Securities Equity Intraday and Delivery Brokerage Calculator for Marwadi Group
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for Marwadi Group
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for Marwadi Group
Detail Detail on Trading Platforms for iifl-securities 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 IIFL Securities vs Marwadi Group on User Rating

  IIFL Securities Marwadi Group
  81 Customer Reviews    Rate IIFL Securities 2 Customer Reviews    Rate Marwadi Group
Fees Ratings 3.1 2.0
Trading Brokerage Rating 2.9 2.0
Trading Platform Usability 3.4 2.0
Customer Service Ratings 2.9 1.5
Overall Ratings Rated 2.8 stars Rated 2.5 stars
Broker Rating IIFL Securities is Rated 2.8 / 5 based on 81 customer reviews Marwadi Group is Rated 2.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare IIFL Securities vs Marwadi Group on Investment Offerings

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

Investment Offerings - Compare IIFL Securities with Marwadi Group
Investment Offerings Compare IIFL Securities Marwadi Group
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes 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 IIFL Securities vs Marwadi Group on Order Types

Order Type - Compare IIFL Securities 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) - IIFL Securities 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- IIFL Securities offers Good Till Cancelled (GTC) orders where Marwadi Group doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare IIFL Securities with Marwadi Group
Order Type Compare IIFL Securities 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 Yes No
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Margin/Leverage

Compare IIFL Securities vs Marwadi Group on Margin/Leverage

Compare IIFL Securities 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 IIFL Securities with Marwadi Group
Margin Product Compare IIFL Securities Marwadi Group
Equity Delivery Margin IIFL Securities vs Marwadi Group - Equity Delivery Margin Upto 5x Info Not Available
Equity Intraday Margin IIFL Securities vs Marwadi Group - Equity Intraday Margin Up to 20x on MIS, Bracket order, (BO) and cover order (CO) Up to 10x or 10% subject to Var and ELM.
Futures Margin IIFL Securities vs Marwadi Group - Futures Margin Intraday: Upto 4x| BO/CO: 25% of Exchange margin + SL Margin 1x means actual SPAN + Exposure.
Options Margin IIFL Securities vs Marwadi Group - Options Margin Stock options: 2x (sell), 1x (Buy)| Index Options Buy: 3x (intraday)| BO/CO: 25% of Exchange margin + SL Margin| Index options sell: 4x (intraday)| BO/CO: 25% of Exchange margin + SL Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
Equity CO Margin IIFL Securities vs Marwadi Group - Equity CO Margin Up to 20x Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.
Futures CO Margin IIFL Securities vs Marwadi Group - 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 IIFL Securities vs Marwadi Group - 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 IIFL Securities vs Marwadi Group - 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.
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Customer Service Offered

Compare IIFL Securities vs Marwadi Group on Customer Service

Compare IIFL Securities 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 IIFL Securities with Marwadi Group
Customer Service Compare IIFL Securities Marwadi Group
24/7 Customer Service IIFL Securities vs Marwadi Group - 24x7 customer support Yes No
Email Support IIFL Securities vs Marwadi Group - Email Support Yes Yes
Onine Live Chat IIFL Securities vs Marwadi Group - Onine Live Chat Yes No
Phone Support IIFL Securities vs Marwadi Group - Phone Support Yes Yes
Toll Free Number IIFL Securities vs Marwadi Group - Toll Free Number Yes No
Through Branches IIFL Securities vs Marwadi Group - Through Branches Yes Yes
Customer Care Number IIFL Securities vs Marwadi Group - Customer Care Number 022-40071000 Info Not Available
Account Opening Process IIFL Securities vs Marwadi Group - Account Opening Process Online/Paperless Info Not Available
Customer Support Email IIFL Securities vs Marwadi Group - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education IIFL Securities vs Marwadi Group - Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx Info Not Available
Head Office Address IIFL Securities vs Marwadi Group - Head Office Address/Corporate Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Info Not Available
Website IIFL Securities vs Marwadi Group - Company Website https://www.indiainfoline.com/ Info Not Available
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Tips/Research/Reports Published

Compare IIFL Securities vs Marwadi Group on Research Reports, Tips

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

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

Compare IIFL Securities vs Marwadi Group on Demat Account

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

Demat Charges - Compare IIFL Securities with Marwadi Group
  IIFL Securities Marwadi Group
DP Source CDSL CDSL
DP ID IIFL Securities vs Marwadi Group - DP ID 44700 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹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) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹25
Demat ₹15 per certificate + ₹40 courier charges ₹3 per certificate
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹25 per certificate
Pledge Creation ₹50 ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil ₹20
Pledge Closure Confirmation Nil Nil
Pledge Invocation Nil ₹25
Failed Instruction Charges Nil ₹15
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Marwadi Group on Special Offers and Promotion

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

Compare IIFL Securities vs Marwadi Group on Special Offers and Promotion
  IIFL Securities Marwadi Group
Pay In and Pay Out Options IIFL Securities vs Marwadi Group - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time IIFL Securities vs Marwadi Group - Payout Time Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. Info Not Available
Bank Supported and Charges IIFL Securities vs Marwadi Group - Bank Supported and Charges Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. Info Not Available
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Info Not Available
Likes

Detail Review...

Research reports, branch office.

Detail Review...

Dislikes
  • High call & trade charges of Rs. 50 per order.
  • Unavailability of the IIFL 3-in-1 account.
  • High IIFL Securities Account Opening Charge than other brokers.

Detail Review...

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

Detail Review...

Special Offers/Promo Open IIFL Demat & Trading Account Free - Zero A/c Opening Charge & 1st year AMC waived off.
Enquiry Enquire about IIFL Securities Enquire about Marwadi Group

Last Updated on 2021-01-28T23:33:20+00:00


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