The brokerage of Marwadi Group ranges between 0.06% to 0.3% while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3.5 out of 5.
Here we present side-by-side comparison of Marwadi Group vs AxisDirect 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 AxisDirect'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 Marwadi Group vs AxisDirect 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 AxisDirect'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,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.||Since its inception in 2005, Axis Securities Limited aims to become a leading player in the Retail Broking Industry. The Broker is engaged in the business of marketing and selling of financial products of the Axis Bank Limited. The broker offers a si...|
Comparison of Marwadi Group with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Marwadi Group offer Free account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - Marwadi Group charges Rs 300 PA AMC for Demat account where AxisDirect charges Rs 750 PA (Waived for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Free||Rs 999|
|Demat Account Opening Fees||Free||Rs 650|
|Demat AMC||Rs 300 PA||Rs 750 PA (Waived for 1st year)|
|Provide DP Service|
Plans are the most important feature you look when compare Marwadi Group with AxisDirect. This section compare on high level about type of plans offered by brokers. Multiple Plans - AxisDirect provides Multiple Plans where Marwadi Group doesn't offer Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Marwadi Group||AxisDirect|
|Account Opening Request|
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.
AxisDirect Brokerage Plan detail - Fixed Plan Brokerage is simple and easy to understand. Axis Direct is right in line with its closest full-service competitors. Its .50% for equity trades is slightly less expensive than ICICI (.55%) while same as Kotak, HDFC and SBI (.50%).
|Brokerage Charges Compare||Marwadi Group||AxisDirect|
|Plan Name||Basic Trading Plan (Percentage Based)||Fixed Brokerage 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||Rs 10 Per Lot|
|Currency Futures||0.03% or 3 paisa||0.05% or 5 paisa|
|Currency Options||Rs 30 Per Lot||Rs 20 Per Lot|
|Commodity Trading||0.03% or 3 paisa||Futures - .03 or 3 paisa, Options - Rs 50 Per Lot|
|Hidden Charges||Info Not Available||No|
|Funding||Info Not Available||Yes - 18% interest PA|
|Call & Trade Charges||Info Not Available||20 calls Free and after that Rs 20 per call|
|Brokerage Calculator||Brokerage Calculator for Marwadi Group||Brokerage Calculator for AxisDirect|
|SPAN Margin Calculator||SPAN Margin Calculator for Marwadi Group||SPAN Margin Calculator for AxisDirect|
Compare Marwadi Group with AxisDirect on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Marwadi Group||AxisDirect|
|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 100 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4000 Per Cr|
|Commodity||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for marwadi-group||Complete Brokerage Plans for axisdirect|
Compare Marwadi Group with AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect 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 AxisDirect doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - AxisDirect offers NRI where Marwadi Group doesn't offers NRI Trading.
|Account Features Compare||Marwadi Group||AxisDirect|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||2:45 PM|
With our expert research team, we have compared all the major features of Trading platform b/w Marwadi Group and AxisDirect. 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||Marwadi Group||AxisDirect|
|Desktop Trading Platform||Marwadi ODIN Diet||DIRECTTrade|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://mtrade.marwadionline.com/html5/||https://login.axisdirect.in/|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||MSFL Connect||AxisDirect Mobile|
|Mobile Trading App Demo||Info Not Available||AxisDirect Mobile Demo|
|Android Mobile App|
|Android App Download||Andriod MSFL Connect Download||Andriod AxisDirect Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS MSFL Connect Download||iOS AxisDirect Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Info Not Available||Yes, DirectTrade - Rs 2999 PA|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Marwadi Group||Equity Intraday and Delivery Brokerage Calculator for AxisDirect|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Marwadi Group||Futures Brokerage Calculator for AxisDirect|
|Options Brokerage Calculator||Options Brokerage Calculator for Marwadi Group||Options Brokerage Calculator for AxisDirect|
|Detail||Detail on Trading Platforms for marwadi-group||Detail on Trading Platforms for axisdirect|
|2 Customer Reviews||6 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Marwadi Group is Rated 2.5 / 5 based on 2 customer reviews||AxisDirect is Rated 2.3 / 5 based on 6 customer reviews|
Compare Marwadi Group with AxisDirect 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||Marwadi Group||AxisDirect|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Life & General Insurance||NIL|
Order Type - Compare Marwadi Group with AxisDirect 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) - AxisDirect 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 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- AxisDirect offers Good Till Cancelled (GTC) orders where Marwadi Group doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Marwadi Group||AxisDirect|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Marwadi Group with AxisDirect 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.
|Margin Product Compare||Marwadi Group||AxisDirect|
|Equity Delivery Margin||Info Not Available||Upto 4x via Margin Funding for T+30 days|
|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||1x means actual SPAN + Exposure.||1x means actual SPAN + Exposure.|
|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||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||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||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||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
Compare Marwadi Group with AxisDirect 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||Marwadi Group||AxisDirect|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||022-61480808|
|Account Opening Process||Info Not Available||Offline|
|Customer Support Email||Info Not Available||[email protected]|
|Knowledge Center/Education||Info Not Available||https://simplehai.axisdirect.in/learn/overview|
|Head Office Address||Info Not Available||Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Mumbai- 400 070.
|Website||Info Not Available||https://simplehai.axisdirect.in|
Compare Marwadi Group with AxisDirect on research reports and tips provided by the broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Marwadi Group with AxisDirect on Demat Service and Charges. This section covers about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹250 pa||₹500 pa|
|Transaction Charges on Debit (Per ISIN)||₹25||₹10|
|Demat||₹3 per certificate||₹3 per certificate|
|Remat||₹25 per certificate||₹10 for every hundred securities (Min ₹10)|
|Pledge Creation Confirmation||Nil||₹25|
|Pledge Closure Confirmation||Nil||₹25|
|Failed Instruction Charges||₹15||Nil|
Compare Marwadi Group with AxisDirect on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Info Not Available||Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
|Payout Time||Info Not Available||Instant to Axis Bank.|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|Bank Detail||Info Not Available||Direct from your Axis bank account.|
Research reports, branch office.
No online support, Plans are not available on website, Major presence in Gujarat only.
|Special Offers/Promo||Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.|
|Enquiry||Enquire about Marwadi Group||Enquire about AxisDirect|
Last Updated on 2019-07-08T23:09:32+00:00