Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Kotak Securities ranges between Rs. 20 per order while the brokerage of Marwadi Group ranges between 0.06% to 0.30%. Both the brokers are Full Service brokers. Kotak Securities is having overall higher rating compare to Marwadi Group. Kotak Securities is rated 4 out of 5 where Marwadi Group is rated only 3.5 out of 5. Number of active customer for Kotak Securities is 10,56,932 where number of active customer for Marwadi Group is 1,19,233. Kotak Securities is serving more customer compare to Marwadi Group.
Here we present side-by-side comparison of Kotak 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 Kotak 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 Kotak 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 Kotak Securities 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||Full Service Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||BSE, NSE, MCX, NCDEX|
|Broker Overview||Kotak Securities is India’s leading full-service stockbroker with over 12 Lakh active clients. Trinity 3-in-1 account offering, Rs. 20 flat brokerages, free intraday trading, advanced-technology trading software & tools, and the best resear...||Open a free demat & trading account with Marwadi Financial to trade and invest across multiple asset classes on the user-friendly web, app, and desktop platforms, access free research & advisory, and portfolio management services.|
Comparison of Kotak Securities 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 - Kotak Securities charges Rs 600 PA AMC for Demat account where Marwadi Group charges Rs 250 PA AMC for Demat account.
|Charges||Kotak Securities||Marwadi Group|
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA||Rs 250 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Kotak Securities with Marwadi Group. This section compare on high level about type of plans offered by brokers. Multiple Plans - Kotak Securities provide Multiple Plans where Marwadi Group doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Kotak Securities||Marwadi Group|
|Account Opening Request|
Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at a 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.
Marwadi Group Brokerage Plan detail - This is a standard plan by the Marwadi Group. This is a percentage-based brokerage plan.
|Brokerage Charges Compare||Kotak Securities||Marwadi Group|
|Plan Name||Kotak Securities Trade Free Plan||Basic Trading Plan (Percentage Based)|
|Equity Delivery||0.25% or Rs 20 whichever is higher||0.30%|
|Equity Futures||Delivery: Rs. 20 per order| Intraday: Free||0.02%|
|Equity Options||Delivery: Rs. 20 per order| Intraday: Free||Rs 100 Per Lot|
|Currency Futures||Delivery: Rs. 20 per order| Intraday: Free||0.02%|
|Currency Options||Delivery: Rs. 20 per order| Intraday: Free||Rs 100 Per Lot|
|Commodity Trading||Delivery: Rs. 20 per order| Intraday: Free||Rs 100 Per Lot|
|Minimum Brokerage||Rs 21 per executed order||NIL|
|Hidden Charges||No||Info Not Available|
|Funding||12.49% interest PA||Info Not Available|
|Call & Trade Charges||20 calls free and after that Rs 20 per call||NA|
|Auto Square off Charges||20 calls free and after that Rs 20 per call||NA|
|Brokerage Calculator||Brokerage Calculator for Kotak Securities||Brokerage Calculator for Marwadi Group|
Compare Kotak Securities with Marwadi Group on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Kotak 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 360 Per Cr | Agri: Rs 275 Per Cr||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for kotak-securities||Complete Brokerage Plans for marwadi-group|
Compare Kotak Securities with Marwadi Group on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak 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 Kotak Securities doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Kotak Securities offers NRI where Marwadi Group doesn't offers NRI Trading.
|Account Features Compare||Kotak Securities||Marwadi Group|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||Trading software terminal: Keat Pro X||NIL|
With our expert research team, we have compared all the major features of Trading platform b/w Kotak 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||Kotak Securities||Marwadi Group|
|Desktop Trading Platform||KEAT Pro X||Marwadi ODIN Diet|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat||https://mtrade.marwadionline.com/html5/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Kotak Stock Trader||MSFL Connect|
|Mobile Trading App Demo||Kotak Stock Trader Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod MSFL Connect Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||iOS MSFL Connect Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Yes, DirectTrade - Rs 2999 PA||Info Not Available|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Kotak Securities||Equity Intraday and Delivery Brokerage Calculator for Marwadi Group|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Kotak Securities||Futures Brokerage Calculator for Marwadi Group|
|Options Brokerage Calculator||Options Brokerage Calculator for Kotak Securities||Options Brokerage Calculator for Marwadi Group|
|Detail||Detail on Trading Platforms for kotak-securities||Detail on Trading Platforms for marwadi-group|
|Kotak Securities||Marwadi Group|
|81 Customer Reviews||3 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Kotak Securities is Rated 2.8 / 5 based on 81 customer reviews||Marwadi Group is Rated 2.7 / 5 based on 3 customer reviews|
Compare Kotak 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) - both the brokers don't have PMS Service.
|Investment Offerings Compare||Kotak Securities||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 Kotak 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) - Kotak 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) - Kotak Securities 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)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Kotak Securities offers Good Till Cancelled (GTC) orders where Marwadi Group doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Kotak Securities||Marwadi Group|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Kotak 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 Service Compare||Kotak Securities||Marwadi Group|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||1800 209 9191||+91-281-6192000/+91-281-7174000|
|Account Opening Process||Offline||Info Not Available|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
|Info Not Available|
Compare Kotak Securities with Marwadi Group on research reports and tips provided by the broker.
Compare Kotak Securities with Marwadi Group on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for Marwadi Group is ₹250 pa where for Kotak Securities is ₹780 pa.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading â€“ when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for Kotak Securities is 0.04% (Min ₹27) + CDSL charges where for Marwadi Group is ₹25.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
|Kotak Securities||Marwadi Group|
|Demat Account Annual Maintenance Charges(AMC)||₹780 pa||₹250 pa|
|Transaction Charges on Debit (Per ISIN)||0.04% (Min ₹27) + CDSL charges||₹25|
|Demat||₹3 per certificate + ₹50 courier charges||₹3 per certificate|
|Remat||₹10 for every hundred securities (Min ₹15)||₹25 per certificate|
|Pledge Creation||0.05% of transaction value (Min ₹30)||₹50|
|Pledge Creation Confirmation||0.05% of transaction value (Min ₹30)||Nil|
|Pledge Closure||0.05% of transaction value (Min ₹30)||₹20|
|Pledge Closure Confirmation||0.05% of transaction value (Min ₹30)||Nil|
|Pledge Invocation||0.05% of transaction value (Min ₹30)||₹25|
|Failed Instruction Charges||Nil||₹15|
Compare Kotak Securities with Marwadi Group on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Kotak Securities||Marwadi Group|
|Pay In and Pay Out Options||Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
|Info Not Available|
|Payout Time||Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank.||Info Not Available|
|Bank Supported and Charges||(ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank||Info Not Available|
|Bank Detail||Direct from your Kotak Mahindra bank account.||Info Not Available|
|Enquiry||Open Kotak Securities Account Now>>||Open Zerodha Account Now>>|
Last Updated on 2023-01-12T21:46:37+00:00
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