Compare 3 Brokers

Karvy Vs Marwadi Group: Which one is better?

The brokerage of Karvy ranges between 0.03 to 0.3% while the brokerage of Marwadi Group ranges between 0.06% to 0.3%. Both the brokers are Full Service brokers. Karvy is having overall higher rating compare to Marwadi Group. Karvy 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 Karvy 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 Karvy 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 Karvy 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 Karvy 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 Karvy vs Marwadi Group on Service

  Karvy Compare
Karvy
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-SX,MCX,NCDEX BSE, NSE, MCX, NCDEX,MCX-SX
Active Clients 1,11,764
Broker Overview One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory. 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 Karvy. 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 Karvy vs Marwadi Group on Trading & Demat Account Opening Charges

Comparison of Karvy 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 - Karvy charges Rs 500 PA AMC for Demat account where Marwadi Group charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Karvy with Marwadi Group
Charges Karvy Marwadi Group
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 500 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Karvy vs Marwadi Group on Plan Options

Plans are the most important feature you look when compare Karvy 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 Karvy with Marwadi Group on Plan Options
Plan Types Karvy Marwadi Group
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Karvy Marwadi Group
Account Opening Request
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Brokerage Charges

Compare Karvy vs Marwadi Group on Brokerage Charges

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

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 Karvy with Marwadi Group
Brokerage Charges Compare Karvy Marwadi Group
Plan Name Basic Trading Plan (Percentage Based) Basic Trading Plan (Percentage Based)
Equity Delivery 0.3% or 30 paisa 0.3% or 30 paisa
Equity Intraday 0.03% or 3 paisa 0.03% or 3 paisa
Equity Futures 0.03% or 3 paisa 0.03% or 3 paisa
Equity Options Rs 50 Per Lot Rs 50 Per Lot
Currency Futures 0.03% or 3 paisa 0.03% or 3 paisa
Currency Options Rs 50 Per Lot Rs 30 Per Lot
Commodity Trading 0.03% or 3 paisa 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 Call 18004198283 number for Call and Trade, SMS Order faclity also available Info Not Available
Brokerage Calculator Brokerage Calculator for Karvy Brokerage Calculator for Marwadi Group
SPAN Margin Calculator SPAN Margin Calculator for Karvy SPAN Margin Calculator for Marwadi Group
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Share Broker's Transaction Charges

Compare Karvy vs Marwadi Group on Transaction Charges

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

Transaction Charges - Compare Karvy with Marwadi Group
Transaction Charges Compare Karvy 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 karvy Complete Brokerage Plans for marwadi-group
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Account Features

Compare Karvy vs Marwadi Group on Account Features

Compare Karvy 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 - Marwadi Group offers a margin funding where Karvy doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

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

Compare Karvy vs Marwadi Group on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Karvy 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 Karvy with Marwadi Group
Trading Platform Compare Karvy Marwadi Group
Desktop Trading Platform Karvy NESTTrader 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://trade.karvyonline.com/KARVY/Login/indexauth.jsp https://mtrade.marwadionline.com/html5/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App KarvyOnline MSFL Connect
Mobile Trading App Demo KarvyOnline Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod KarvyOnline Download Andriod MSFL Connect Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS KarvyOnline Download iOS MSFL Connect Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Karvy Equity Intraday and Delivery Brokerage Calculator for Marwadi Group
Futures Brokerage Calculator Futures Brokerage Calculator for Karvy Futures Brokerage Calculator for Marwadi Group
Options Brokerage Calculator Options Brokerage Calculator for Karvy Options Brokerage Calculator for Marwadi Group
Detail Detail on Trading Platforms for karvy 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 Karvy vs Marwadi Group on User Rating

  Karvy Marwadi Group
  3 Customer Reviews    Rate Karvy 2 Customer Reviews    Rate Marwadi Group
Fees Ratings 2.7 2.0
Trading Brokerage Rating 2.3 2.0
Trading Platform Usability 2.3 2.0
Customer Service Ratings 3.7 1.5
Overall Ratings Rated 2.7 stars Rated 2.5 stars
Broker Rating Karvy is Rated 2.7 / 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 Karvy vs Marwadi Group on Investment Offerings

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

Investment Offerings - Compare Karvy with Marwadi Group
Investment Offerings Compare Karvy 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 Insurance Life & General Insurance
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Order Types

Compare Karvy vs Marwadi Group on Order Types

Order Type - Compare Karvy 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) - Karvy 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) - Karvy provide Bracket Orders (BO) where Marwadi Group doesn't offer.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 Karvy doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

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

Compare Karvy vs Marwadi Group on Margin/Leverage

Compare Karvy 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 Karvy with Marwadi Group
Margin Product Compare Karvy Marwadi Group
Equity Delivery Margin Karvy vs Marwadi Group - Equity Delivery Margin Up to 4x leverage for equity delivery. Info Not Available
Equity Intraday Margin Karvy vs Marwadi Group - Equity Intraday Margin Up to 10x or 10% subject to Var and ELM. Up to 10x or 10% subject to Var and ELM.
Futures Margin Karvy vs Marwadi Group - Futures Margin 1x means actual SPAN + Exposure. 1x means actual SPAN + Exposure.
Options Margin Karvy vs Marwadi Group - Options 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.
Equity CO Margin Karvy vs Marwadi Group - Equity CO Margin Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order. Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.
Futures CO Margin Karvy 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 Karvy 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 Karvy 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 Karvy vs Marwadi Group on Customer Service

Compare Karvy 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 Karvy with Marwadi Group
Customer Service Compare Karvy Marwadi Group
24/7 Customer Service Karvy vs Marwadi Group - 24x7 customer support No No
Email Support Karvy vs Marwadi Group - Email Support Yes Yes
Onine Live Chat Karvy vs Marwadi Group - Onine Live Chat No No
Phone Support Karvy vs Marwadi Group - Phone Support Yes Yes
Toll Free Number Karvy vs Marwadi Group - Toll Free Number Yes No
Through Branches Karvy vs Marwadi Group - Through Branches Yes Yes
Customer Care Number Karvy vs Marwadi Group - Customer Care Number 18004198283/7093706007/18004198283 Info Not Available
Account Opening Process Karvy vs Marwadi Group - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Karvy vs Marwadi Group - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Karvy vs Marwadi Group - Knowledge Center/Education https://www.karvyonline.com/knowledge-center/index Info Not Available
Head Office Address Karvy vs Marwadi Group - Head Office Address/Corporate Address Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Info Not Available
Website Karvy vs Marwadi Group - Company Website www.karvyonline.com Info Not Available
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Tips/Research/Reports Published

Compare Karvy vs Marwadi Group on Research Reports, Tips

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

Research Reports - Compare Karvy with Marwadi Group
  Karvy Marwadi Group
Research Mutual Funds Karvy vs Marwadi Group - Research Mutual Funds No Yes
Research Equity Reports Karvy vs Marwadi Group - Research Equity Reports No Yes
Research ETF Karvy vs Marwadi Group - Research ETF No Yes
Daily Market Report Karvy vs Marwadi Group - Daily Market Report Yes Yes
Free Tips Karvy vs Marwadi Group - Free Tips Yes Yes
Quarterly Result Analysis Karvy vs Marwadi Group - Quarterly Results Yes Yes
News Alerts Karvy vs Marwadi Group - Yes Yes
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Demat Account

Compare Karvy vs Marwadi Group on Demat Account

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

Demat Charges - Compare Karvy with Marwadi Group
  Karvy Marwadi Group
DP Source CDSL CDSL
DP ID Karvy vs Marwadi Group - DP ID 33200 No
Demat Account Annual Maintenance Charges(AMC) ₹365 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) ₹15 per transaction ₹25
Demat ₹5 per certificate + ₹40 courier charges ₹3 per certificate
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) ₹25 per certificate
Pledge Creation 0.03% of transaction value (Min ₹100 and Max ₹5k) ₹50
Pledge Creation Confirmation 0.03% of transaction value (Min ₹100 and Max ₹5k) Nil
Pledge Closure 0.03% of transaction value (Min ₹100 and Max ₹5k) ₹20
Pledge Closure Confirmation 0.03% of transaction value (Min ₹100 and Max ₹5k) Nil
Pledge Invocation 0.03% of transaction value (Min ₹100 and Max ₹5k) ₹25
Failed Instruction Charges ₹100 ₹15
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Karvy vs Marwadi Group on Special Offers and Promotion

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

Compare Karvy vs Marwadi Group on Special Offers and Promotion
  Karvy Marwadi Group
Pay In and Pay Out Options Karvy 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 Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Karvy vs Marwadi Group - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Karvy vs Marwadi Group - Bank Supported and Charges Around 40+ bank are prefered parter with Karvy Stock Broking. Info Not Available
Bank Detail Info Not Available Info Not Available
Likes

Customer centric, leading-edge technology, top-notch research team, professional management and a wide network of offices across India.

Detail Review...

Research reports, branch office.

Detail Review...

Dislikes
  • 3-in-1 account opening facility is not available with Karvy.

Detail Review...

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

Detail Review...

Special Offers/Promo
Enquiry Enquire about Karvy Enquire about Marwadi Group

Last Updated on 2020-04-07T10:51:20+00:00


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