Compare 3 Brokers

Marwadi Group Vs Religare Broking: Which one is better?

The brokerage of Marwadi Group ranges between 0.06% to 0.3% while the brokerage of Religare Broking ranges between .05 to .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 Religare Broking 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 Religare Broking'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 Religare Broking 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 Religare Broking'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 Marwadi Group vs Religare Broking on Service

  Marwadi Group Compare
Marwadi Group
Religare Broking Compare
Religare Broking
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? BSE, NSE, MCX, NCDEX,MCX-SX BSE, NSE, MCX
Active Clients 1,37,877 1,11,764
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. Religare offers online investors the wide variety of tools and services they need to succeed, and for investors seeking guidance, Religare's massive branch office network, which offers reliable and personable relationships, help the broker to easily ...Know more about Religare Broking
Broker Enquiry Open an Online Trading Account with Marwadi Group. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Religare Broking. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Marwadi Group vs Religare Broking on Trading & Demat Account Opening Charges

Comparison of Marwadi Group with Religare Broking on trading & demat account opening charges and AMC. Trading account opening charges - Marwadi Group offer Free account opening where Religare Broking charges Rs 500 for account opening. Demat AMC charges - Both broker charge Rs 300 PA AMC for Demat Account.

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

Compare Marwadi Group vs Religare Broking on Plan Options

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

Account Opening

  Marwadi Group Religare Broking
Account Opening Request
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Brokerage Charges

Compare Marwadi Group vs Religare Broking on Brokerage Charges

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.

Religare Broking Brokerage Plan detail - Basic Plan with Religare is % base and Advanced brokerage schemes with lower brokerage denomination is also available.

Brokerage Charges - Compare Marwadi Group with Religare Broking
Brokerage Charges Compare Marwadi Group Religare Broking
Plan Name Basic Trading Plan (Percentage Based) Standard 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 70 Per Lot
Currency Futures 0.03% or 3 paisa 0.05% or 5 paisa
Currency Options Rs 30 Per Lot Rs 30 Per Lot
Commodity Trading 0.03% or 3 paisa 0.05% or 5 paisa
Minimum Brokerage NIL 1p per share
Hidden Charges Info Not Available Yes - Minimum Charges
Funding Info Not Available Yes - 21% interest PA
Call & Trade Charges Info Not Available Rs 10 per order, Max rs 50 per segment per day
Brokerage Calculator Brokerage Calculator for Marwadi Group Brokerage Calculator for Religare Broking
SPAN Margin Calculator SPAN Margin Calculator for Marwadi Group SPAN Margin Calculator for Religare Broking
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Share Broker's Transaction Charges

Compare Marwadi Group vs Religare Broking on Transaction Charges

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

Transaction Charges - Compare Marwadi Group with Religare Broking
Transaction Charges Compare Marwadi Group Religare Broking
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 marwadi-group Complete Brokerage Plans for religare-broking
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Account Features

Compare Marwadi Group vs Religare Broking on Account Features

Compare Marwadi Group with Religare Broking 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 - Marwadi Group offers Algo Trading where Religare Broking doesn't offers Algo Trading. Margin Funding - Marwadi Group offers a margin funding where Religare Broking doesn't offers margin funding. NRI Trading - Religare Broking offers NRI where Marwadi Group doesn't offers NRI Trading.

Account Features - Marwadi Group with Religare Broking
Account Features Compare Marwadi Group Religare Broking
3 in 1 Account No Marwadi Group have 2-in-1 account. Only Demate and Trading account. No Marwadi Group have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare Marwadi Group vs Religare Broking on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Marwadi Group and Religare Broking. 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 with Religare Broking
Trading Platform Compare Marwadi Group Religare Broking
Desktop Trading Platform Marwadi ODIN Diet OdinDiet and Power FnO
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://mtrade.marwadionline.com/html5/ https://secure.religareonline.com/Login.aspx
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App MSFL Connect Religare Dynami
Mobile Trading App Demo Info Not Available Religare Dynami Demo
Android Mobile App Yes Yes
Android App Download Andriod MSFL Connect Download Andriod Religare Dynami Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MSFL Connect Download iOS Religare Dynami Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Marwadi Group Equity Intraday and Delivery Brokerage Calculator for Religare Broking
Futures Brokerage Calculator Futures Brokerage Calculator for Marwadi Group Futures Brokerage Calculator for Religare Broking
Options Brokerage Calculator Options Brokerage Calculator for Marwadi Group Options Brokerage Calculator for Religare Broking
Detail Detail on Trading Platforms for marwadi-group Detail on Trading Platforms for religare-broking
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 Marwadi Group vs Religare Broking on User Rating

  Marwadi Group Religare Broking
  2 Customer Reviews    Rate Marwadi Group 56 Customer Reviews    Rate Religare Broking
Fees Ratings 2.0 3.2
Trading Brokerage Rating 2.0 3.2
Trading Platform Usability 2.0 3.0
Customer Service Ratings 1.5 2.9
Overall Ratings Rated 2.5 stars Rated 2.9 stars
Broker Rating Marwadi Group is Rated 2.5 / 5 based on 2 customer reviews Religare Broking is Rated 2.9 / 5 based on 56 customer reviews
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Investment Offerings

Compare Marwadi Group vs Religare Broking on Investment Offerings

Compare Marwadi Group with Religare Broking 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 with Religare Broking
Investment Offerings Compare Marwadi Group Religare Broking
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 No No
PMS Service No No
Other Investment Options Life & General Insurance NIL
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Order Types

Compare Marwadi Group vs Religare Broking on Order Types

Order Type - Compare Marwadi Group with Religare Broking 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) - Religare Broking 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- Religare Broking offers Good Till Cancelled (GTC) orders where Marwadi Group doesn't support Good Till Cancelled (GTC) orders.

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

Compare Marwadi Group vs Religare Broking on Margin/Leverage

Compare Marwadi Group with Religare Broking 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 Marwadi Group with Religare Broking
Margin Product Compare Marwadi Group Religare Broking
Equity Delivery Margin Marwadi Group vs Religare Broking - Equity Delivery Margin Info Not Available Upto 4x with Margin Funding
Equity Intraday Margin Marwadi Group vs Religare Broking - 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 Marwadi Group vs Religare Broking - Futures Margin 1x means actual SPAN + Exposure. 1x means actual SPAN + Exposure.
Options Margin Marwadi Group vs Religare Broking - 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 Marwadi Group vs Religare Broking - 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 Marwadi Group vs Religare Broking - 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 Marwadi Group vs Religare Broking - 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 Marwadi Group vs Religare Broking - 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 Marwadi Group vs Religare Broking on Customer Service

Compare Marwadi Group with Religare Broking 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 Marwadi Group with Religare Broking
Customer Service Compare Marwadi Group Religare Broking
24/7 Customer Service Marwadi Group vs Religare Broking - 24x7 customer support No No
Email Support Marwadi Group vs Religare Broking - Email Support Yes Yes
Onine Live Chat Marwadi Group vs Religare Broking - Onine Live Chat No No
Phone Support Marwadi Group vs Religare Broking - Phone Support Yes Yes
Toll Free Number Marwadi Group vs Religare Broking - Toll Free Number No No
Through Branches Marwadi Group vs Religare Broking - Through Branches Yes Yes
Customer Care Number Marwadi Group vs Religare Broking - Customer Care Number Info Not Available 18602588888
Account Opening Process Marwadi Group vs Religare Broking - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Marwadi Group vs Religare Broking - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Marwadi Group vs Religare Broking - Knowledge Center/Education Info Not Available http://www.religareonline.com/faq/passwords
Head Office Address Marwadi Group vs Religare Broking - Head Office Address/Corporate Address Info Not Available Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019
Website Marwadi Group vs Religare Broking - Company Website Info Not Available http://www.religareonline.com
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Tips/Research/Reports Published

Compare Marwadi Group vs Religare Broking on Research Reports, Tips

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

Research Reports - Compare Marwadi Group with Religare Broking
  Marwadi Group Religare Broking
Research Mutual Funds Marwadi Group vs Religare Broking - Research Mutual Funds Yes Yes
Research Equity Reports Marwadi Group vs Religare Broking - Research Equity Reports Yes Yes
Research ETF Marwadi Group vs Religare Broking - Research ETF Yes Yes
Daily Market Report Marwadi Group vs Religare Broking - Daily Market Report Yes Yes
Free Tips Marwadi Group vs Religare Broking - Free Tips Yes Yes
Quarterly Result Analysis Marwadi Group vs Religare Broking - Quarterly Results Yes Yes
News Alerts Marwadi Group vs Religare Broking - Yes Yes
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Demat Account

Compare Marwadi Group vs Religare Broking on Demat Account

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

Demat Charges - Compare Marwadi Group with Religare Broking
  Marwadi Group Religare Broking
DP Source CDSL CDSL
DP ID Marwadi Group vs Religare Broking - DP ID No 30200
Demat Account Annual Maintenance Charges(AMC) ₹250 pa ₹300 pa (₹500 Security Deposit)
Advance Deposit NA-NA-NA-NA-NA-NA-NA-2250#-3600#-NA-NA-NA-2250#-2250#-NA-NA Rs. 500/-
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹25 ₹15 + CDSL charges
Demat ₹3 per certificate ₹2 per certificate + ₹30 courier charges
Remat ₹25 per certificate ₹20 per certificate + ₹30 courier charges + CDSL Charges
Pledge Creation ₹50 0.02% of transaction value or ₹50 whichever is higher
Pledge Creation Confirmation Nil 0.02% of transaction value or ₹50 whichever is higher
Pledge Closure ₹20 0.02% of transaction value or ₹50 whichever is higher
Pledge Closure Confirmation Nil 0.02% of transaction value or ₹50 whichever is higher
Pledge Invocation ₹25 0.02% of transaction value or ₹50 whichever is higher
Failed Instruction Charges ₹15 Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Marwadi Group vs Religare Broking on Special Offers and Promotion

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

Compare Marwadi Group vs Religare Broking on Special Offers and Promotion
  Marwadi Group Religare Broking
Pay In and Pay Out Options Marwadi Group vs Religare Broking - Pay In and Pay Out Options Info Not Available Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Religare Mobile, Rligare Desktop and Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Marwadi Group vs Religare Broking - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Marwadi Group vs Religare Broking - Bank Supported and Charges Info Not Available 21+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail Info Not Available RELIGARE BROKING LIMITED,
Account Number:30078551502
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
IFSC Code:SBIN0011777
Likes

Research reports, branch office.

Detail Review...

  • Easy to understand Financial Reports.
  • Research tips through SMS, mails, website.

Detail Review...

Dislikes

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

Detail Review...

  • Call and trade is not free.
  • Minimum brokerage charged.
  • Not transparent in terms of other charges.

Detail Review...

Special Offers/Promo - Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin.
Enquiry Enquire about Marwadi Group Enquire about Religare Broking

Last Updated on 2019-07-08T23:09:32+00:00


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