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Alice Blue Vs Marwadi Group: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Alice Blue Max Rs 15 per trade while the brokerage of Marwadi Group ranges between 0.06% to 0.30%. Alice Blue is a Discount Broker where Marwadi Group is a Full Service Broker. Alice Blue is having overall higher rating compare to Marwadi Group. Alice Blue is rated 4 out of 5 where Marwadi Group is rated only 3.5 out of 5. Number of active customer for Alice Blue is 1,63,442 where number of active customer for Marwadi Group is 1,27,449. Alice Blue is serving more customer compare to Marwadi Group.

Here we present side-by-side comparison of Alice Blue 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 Alice Blue 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 Alice Blue 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 Alice Blue 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 Alice Blue vs Marwadi Group on Service

	Alice Blue	Marwadi Group
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Full Service Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Active Clients	1,63,442	1,27,449
Broker Overview	Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders.	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.
Broker Enquiry

Account Opening Charges and AMC

Compare Alice Blue vs Marwadi Group on Trading & Demat Account Opening Charges

Comparison of Alice Blue 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 - Alice Blue charges Rs 400 PA AMC for Demat account where Marwadi Group charges Rs 250 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Alice Blue with Marwadi Group

Charges	Alice Blue	Marwadi Group
Trading Account Opening Fees	Free	Free
Trading AMC	Free	Free
Demat Account Opening Fees	Free	Free
Demat AMC	Rs 400 PA	Rs 250 PA
Provide DP Service

About Brokerage Plans

Compare Alice Blue vs Marwadi Group on Plan Options

Plans are the most important feature you look when compare Alice Blue with Marwadi Group. This section compare on high level about type of plans offered by brokers. Multiple Plans - Alice Blue provide Multiple Plans where Marwadi Group doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Alice Blue with Marwadi Group on Plan Options

Plan Types	Alice Blue	Marwadi Group
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

Brokerage Charges

Compare Alice Blue vs Marwadi Group on Brokerage Charges

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Marwadi Group Brokerage Plan detail - This is a standard plan by the Marwadi Group. This is a percentage-based brokerage plan.

Share Broker's Transaction Charges

Compare Alice Blue vs Marwadi Group on Transaction Charges

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

Account Features

Compare Alice Blue vs Marwadi Group on Account Features

Compare Alice Blue 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 Alice Blue doesn't offers margin funding. NRI Trading - Alice Blue offers NRI where Marwadi Group doesn't offers NRI Trading.

Account Features - Alice Blue with Marwadi Group

Account Features Compare	Alice Blue	Marwadi Group
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15 PM	3:15PM
NRI Trading
Other Features	NIL	NIL

Trading Platform

Compare Alice Blue vs Marwadi Group on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Alice Blue 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 Alice Blue with Marwadi Group

Trading Platform Compare	Alice Blue	Marwadi Group
Desktop Trading Platform	ANT - Analyse and Trade	Marwadi ODIN Diet
Desktop Demo	Info Not Available	Info Not Available
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail		https://mtrade.marwadionline.com/html5/
Web Trading Demo	Info Not Available	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	ANT Mobile	MSFL Connect
Mobile Trading App Demo	ANT Mobile Demo	Info Not Available
Android Mobile App
Android App Download	Andriod ANT Mobile Download	Andriod MSFL Connect Download
iPhone Mobile App (IOS)
iOS App Download	iOS ANT Mobile Download	iOS MSFL Connect Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Info Not Available
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for Alice Blue	Equity Intraday and Delivery Brokerage Calculator for Marwadi Group
Futures Brokerage Calculator	Futures Brokerage Calculator for Alice Blue	Futures Brokerage Calculator for Marwadi Group
Options Brokerage Calculator	Options Brokerage Calculator for Alice Blue	Options Brokerage Calculator for Marwadi Group
Detail	Detail on Trading Platforms for alice-blue	Detail on Trading Platforms for marwadi-group

Broker Ratings by Users

Compare Alice Blue vs Marwadi Group on User Rating

	Alice Blue	Marwadi Group
	8 Customer Reviews	3 Customer Reviews
Fees Ratings	2.6	2.7
Trading Brokerage Rating	3.4	2.3
Trading Platform Usability	2.4	2.0
Customer Service Ratings	2.6	2.3
Overall Ratings	2.1	2.7
Broker Rating	Alice Blue is Rated 2.1 / 5 based on 8 customer reviews	Marwadi Group is Rated 2.7 / 5 based on 3 customer reviews

Investment Offerings

Compare Alice Blue vs Marwadi Group on Investment Offerings

Compare Alice Blue 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 Alice Blue with Marwadi Group

Investment Offerings Compare	Alice Blue	Marwadi Group
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	Life & General Insurance

Order Types

Compare Alice Blue vs Marwadi Group on Order Types

Order Type - Compare Alice Blue 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) - Alice Blue 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) - Alice Blue 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- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Alice Blue with Marwadi Group

Order Type Compare	Alice Blue	Marwadi Group
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare Alice Blue vs Marwadi Group on Customer Service

Compare Alice Blue 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 Alice Blue with Marwadi Group

Customer Service Compare	Alice Blue	Marwadi Group
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	08035215000/080-45490850	+91-281-6192000/+91-281-7174000
Account Opening Process	Online/Paperless	Info Not Available
Customer Support Email	[email protected]	[email protected]
Knowledge Center/Education	https://tradeschool.aliceblueonline.com/	https://www.marwadionline.com/blog/
Head Office Address	Alice Blue, No. 153/2, 3rd Floor,M.R.B.Arcade, Bagalur Main Road, Dwaraka Nagar, Yelahanka, Bangalore - 560063	Info Not Available
Website	https://www.aliceblueonline.com	https://www.marwadionline.com/

Tips/Research/Reports Published

Compare Alice Blue vs Marwadi Group on Research Reports, Tips

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

Research Reports - Compare Alice Blue with Marwadi Group

	Alice Blue	Marwadi Group
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Alice Blue vs Marwadi Group on Demat Account

Compare Alice Blue 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 Alice Blue is ₹400 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – 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 Alice Blue is 0.04% of the value of the transaction 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

Demat Charges - Compare Alice Blue with Marwadi Group

	Alice Blue	Marwadi Group
DP Source	CDSL	CDSL
DP ID	83500	No
Demat Account Annual Maintenance Charges(AMC)	₹400 pa	₹250 pa
Advance Deposit	Rs 0	NA-NA-NA-NA-NA-NA-NA-2250#-3600#-NA-NA-NA-2250#-2250#-NA-NA
Statutory charges	Rs 150 Stamp Charges	Nil
Transaction Charges on Debit (Per ISIN)	0.04% of the value of the transaction	₹25
Demat	₹10 per certificate + ₹50 courier charges	₹3 per certificate
Remat	₹30 per certificate + CDSL charges	₹25 per certificate
Pledge Creation	₹20 + CDSL charges	₹50
Pledge Creation Confirmation	Nil	Nil
Pledge Closure	₹20 + CDSL charges	₹20
Pledge Closure Confirmation	Nil	Nil
Pledge Invocation	₹20 + CDSL charges	₹25
Failed Instruction Charges	Nil	₹15
Other Charges	Nil	Nil

Special Offers,Advantages,Disadvantages

Compare Alice Blue vs Marwadi Group on Special Offers and Promotion

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

Compare Alice Blue vs Marwadi Group on Special Offers and Promotion

	Alice Blue	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 Alice Blue Mobile, ANT Desk and ANY Web application. Pay-out/Fund Withdrawal - Bank Transfer only	Info Not Available
Payout Time	Upto 24 Hrs except Bank Holidays.	Info Not Available
Bank Supported and Charges	Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.	Info Not Available
Bank Detail	Aliceblue Financial Services, Account Number:ABFNSEXXXXXXXX Bank and Branch: HDFC Bank,Sathy Road,Erode Account Type: Current Account IFSC Code: HDFC0000232	Info Not Available
Likes	Trade on NSE, BSE, and MCX No brokerage on equity, IPO, and mutual funds Zero account opening charges Pay Rs 15/order brokerage Free Inuvest Advisory services and trading insights across segments TradingView charts, lots of technical indicators, stock and F&O screeners. Stock SIP in equity Great technology platforms for trading and investment Free access to ANT API Strong PAN India Presence Dedicated mutual fund investment app TradeSchool (Web and app) a free stock market education platform Place bracket order, cover order, and basket order. Margin Trading facility (MTF) Detail Review...	Trade on BSE, NSE, and MCX. Zero account opening fees. Invest in IPO, mutual funds, insurance, and smartcase portfolios. User-friendly trading platforms. Get best-in-class in-depth research insights for all segments. Margin trading facility. Detail Review...
Dislikes	No NRI Trading No zero brokerage unlimited trading plan No installable trading terminal Alice blue mutual fund app (Rise) is not available on App store. No GTT Order Sometimes, its platform experienced technical glitches. Detail Review...	Non-transparent brokerage charges. Minimum brokerage fee of Rs 20 to Rs 25 per trade, when the trade value is low. Major presence in the Gujarat state only. Detail Review...
Special Offers/Promo
Enquiry	Open Alice Blue Account Now>>	Open Zerodha Account Now>>