FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of HDFC Sky Max Rs 20 per trade while the brokerage of Marwadi Group ranges between 0.06% to 0.30%. HDFC Sky is a Discount Broker where Marwadi Group is a Full Service Broker. HDFC Sky is having overall higher rating compare to Marwadi Group. HDFC Sky is rated 4 out of 5 where Marwadi Group is rated only 3.5 out of 5. Number of active customer for HDFC Sky is 10,97,747 where number of active customer for Marwadi Group is 1,27,449. HDFC Sky is serving more customer compare to Marwadi Group.
Here we present side-by-side comparison of HDFC Sky 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 HDFC Sky 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 HDFC Sky 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 HDFC Sky 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.
Comparison of HDFC Sky 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 - HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account where Marwadi Group charges Rs 250 PA AMC for Demat account.
Charges | HDFC Sky | Marwadi Group |
---|---|---|
Trading Account Opening Fees | Free | Free |
Trading AMC | Free | Free |
Demat Account Opening Fees | Free | Free |
Demat AMC | Rs 240 PA (Free for 1st year) | Rs 250 PA |
Provide DP Service |
Plans are the most important feature you look when compare HDFC Sky 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.
Plan Types | HDFC Sky | Marwadi Group |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Zerodha | Zerodha | |
---|---|---|
Account Opening Request |
HDFC Sky Brokerage Plan detail - HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.
Marwadi Group Brokerage Plan detail - This is a standard plan by the Marwadi Group. This is a percentage-based brokerage plan.
Brokerage Charges Compare | HDFC Sky | Marwadi Group |
---|---|---|
Plan Name | Fixed pricing model | Basic Trading Plan (Percentage Based) |
Equity Delivery | 0.1% or Rs 20 whichever is lower | 0.30% |
Equity Intraday | 0.1% or Rs 20 whichever is lower | 0.06% |
Equity Futures | 0.1% or Rs 20 whichever is lower | 0.02% |
Equity Options | Flat Fee Rs 20 | Rs 100 Per Lot |
Currency Futures | 0.1% or Rs 20 whichever is lower | 0.02% |
Currency Options | Flat Fee Rs 20 | Rs 100 Per Lot |
Commodity Trading | Flat Fee Rs 20 | Rs 100 Per Lot |
Minimum Brokerage | NIL | NIL |
Hidden Charges | No | Info Not Available |
Funding | Yes - 12% interest PA | Info Not Available |
Call & Trade Charges | Rs 20 per call | NA |
Auto Square off Charges | 0.1% or Rs 20 whichever is lower | NA |
Brokerage Calculator | Brokerage Calculator for HDFC Sky | Brokerage Calculator for Marwadi Group |
Compare HDFC Sky with Marwadi Group on transaction charges and PCM fee by segment.
Transaction Charges Compare | HDFC Sky | Marwadi Group |
---|---|---|
Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
Commodity | NA | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
Brokerage Charges | Complete Brokerage Plans for hdfc-sky | Complete Brokerage Plans for marwadi-group |
Compare HDFC Sky with Marwadi Group on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky 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 HDFC Sky doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - HDFC Sky offers NRI where Marwadi Group doesn't offers NRI Trading.
Account Features Compare | HDFC Sky | 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 | 3:15PM | 3:15PM |
NRI Trading | ||
Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky 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 | HDFC Sky | Marwadi Group |
---|---|---|
Desktop Trading Platform | HDFC Sky | Marwadi ODIN Diet |
Desktop Demo | Desktop Demo | Info Not Available |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | https://hdfcsky.com/ | https://mtrade.marwadionline.com/html5/ |
Web Trading Demo | Web Trading Demo | Info Not Available |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | HDFC Sky App | MSFL Connect |
Mobile Trading App Demo | HDFC Sky App Demo | Info Not Available |
Android Mobile App | ||
Android App Download | Andriod HDFC Sky App Download | Andriod MSFL Connect Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS HDFC Sky App 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 HDFC Sky | Equity Intraday and Delivery Brokerage Calculator for Marwadi Group |
Futures Brokerage Calculator | Futures Brokerage Calculator for HDFC Sky | Futures Brokerage Calculator for Marwadi Group |
Options Brokerage Calculator | Options Brokerage Calculator for HDFC Sky | Options Brokerage Calculator for Marwadi Group |
Detail | Detail on Trading Platforms for hdfc-sky | Detail on Trading Platforms for marwadi-group |
Compare HDFC Sky 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 | HDFC Sky | 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 Type - Compare HDFC Sky 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) - HDFC Sky 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) - HDFC Sky 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 HDFC Sky doesn't offers AMO. GTC Orders- HDFC Sky offers Good Till Cancelled (GTC) orders where Marwadi Group doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | HDFC Sky | Marwadi Group |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare HDFC Sky 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 | HDFC Sky | Marwadi Group |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 1800 121 2109 | +91-281-6192000/+91-281-7174000 |
Account Opening Process | Online | Info Not Available |
Customer Support Email | [email protected] | [email protected] |
Knowledge Center/Education | https://hdfcsky.com/learn | https://www.marwadionline.com/blog/ |
Head Office Address | LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA, 8 FLR, NEAR KANJURMARG RLYSTN, KANJURMARG, MUMBAI-MH-400042 |
Info Not Available |
Website | https://hdfcsky.com/ | https://www.marwadionline.com/ |
Compare HDFC Sky with Marwadi Group on research reports and tips provided by the broker.
Compare HDFC Sky 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 HDFC Sky is ₹750 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 HDFC Sky is 0.04% (Min ₹20) + 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
Compare HDFC Sky with Marwadi Group on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
HDFC Sky | Marwadi Group | |
---|---|---|
Pay In and Pay Out Options | Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank. Pay-out/Fund Withdrawal - Bank Transfer only. |
Info Not Available |
Payout Time | Instant to HDFC Bank. | Info Not Available |
Bank Supported and Charges | Info Not Available | Info Not Available |
Bank Detail | Direct from your HDFC bank account. | Info Not Available |
Likes |
Want to know why to trade with HDFC Sky, here are the promising reasons;
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Special Offers/Promo | ||
Enquiry | Open Zerodha Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2023-11-09T03:39:28+00:00