The brokerage of Sharekhan ranges between 0.1 to 0.5% while the brokerage of Marwadi Group ranges between 0.06% to 0.3%. Both the brokers are Full Service brokers. Sharekhan is having overall higher rating compare to Marwadi Group. Sharekhan is rated 4 out of 5 where Marwadi Group is rated only 3.5 out of 5.
Here we present side-by-side comparison of Sharekhan 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 Sharekhan 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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX, NSEL||BSE, NSE, MCX, NCDEX,MCX-SX|
|Broker Overview||Sharekhan not just allows trading in all the segments but also offers finest services like investment options, share market news, research reports, stock quotes, fundamental and statistical info across equity, mutual funds, IPOs and much more. With t...||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.|
In this section we have compared Sharekhan with Marwadi Group on trading & demat account opening charges and AMC. Trading account opening charges - Both brokers offers Free Trading account opening. Demat AMC charges - Sharekhan charges Rs 400 PA (Waived for 1st year) AMC for Demat account where Marwadi Group charges Rs 300 PA AMC for Demat account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA (Waived for 1st year)||Rs 300 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Sharekhan with Marwadi Group. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Sharekhan provide Multiple Plans where Marwadi Group doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Sharekhan||Marwadi Group|
|Account Opening Request|
Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.
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.
|Brokerage Charges Compare||Sharekhan||Marwadi Group|
|Plan Name||Classic Trading Plan (Percentage Based)||Basic Trading Plan (Percentage Based)|
|Equity Delivery||0.5% or 50 paisa||0.3% or 30 paisa|
|Equity Intraday||0.1% or 10 paisa||0.03% or 3 paisa|
|Equity Futures||0.1% or 10 paisa||0.03% or 3 paisa|
|Equity Options||2.5% of Premium or Rs 250 per lot whichever is high||Rs 50 Per Lot|
|Currency Futures||0.1% or 10 paisa||0.03% or 3 paisa|
|Currency Options||2.5% of Premium or Rs 30 per lot whichever is high||Rs 30 Per Lot|
|Commodity Trading||0.1% or 10 paisa||0.03% or 3 paisa|
|Minimum Brokerage||Rs 20||NIL|
|Hidden Charges||No||Info Not Available|
|Funding||Yes - 18% interest PA||Info Not Available|
|Call & Trade Charges||Free||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for Sharekhan||Brokerage Calculator for Marwadi Group|
|SPAN Margin Calculator||SPAN Margin Calculator for Sharekhan||SPAN Margin Calculator for Marwadi Group|
Compare Sharekhan with Marwadi Group on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Sharekhan||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 100 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 sharekhan||Complete Brokerage Plans for marwadi-group|
Compare Sharekhan 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 - Marwadi Group offers Algo Trading where Sharekhan doesn't offers Algo Trading. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - Sharekhan offers NRI where Marwadi Group doesn't offers NRI Trading.
|Account Features Compare||Sharekhan||Marwadi Group|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan and Marwadi Group. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
|Trading Platform Compare||Sharekhan||Marwadi Group|
|Desktop Trading Platform||TradeTiger||Marwadi ODIN Diet|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.sharekhan.com/||https://mtrade.marwadionline.com/html5/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Sharekhan||MSFL Connect|
|Mobile Trading App Demo||Sharekhan Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Sharekhan Download||Andriod MSFL Connect Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Sharekhan 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 Sharekhan||Equity Intraday and Delivery Brokerage Calculator for Marwadi Group|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Sharekhan||Futures Brokerage Calculator for Marwadi Group|
|Options Brokerage Calculator||Options Brokerage Calculator for Sharekhan||Options Brokerage Calculator for Marwadi Group|
|Detail||Detail on Trading Platforms for sharekhan||Detail on Trading Platforms for marwadi-group|
|178 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Sharekhan is Rated 3.6 / 5 based on 178 customer reviews||Marwadi Group is Rated 2.5 / 5 based on 2 customer reviews|
Compare Sharekhan 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - Sharekhan provide PMS Service where Marwadi Group doesn't offer
|Investment Offerings Compare||Sharekhan||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 Sharekhan with Marwadi Group on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Sharekhan 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) - Sharekhan 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 facility. The orders are send to exchange on the next trading day. GTC Orders- Sharekhan offers Good Till Cancelled (GTC) orders where Marwadi Group doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Sharekhan||Marwadi Group|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Sharekhan with Marwadi Group on Exposure/Margin offered by 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||Sharekhan||Marwadi Group|
|Equity Delivery Margin||Upto 5x via Margin Funding.||Info Not Available|
|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 Sharekhan with Marwadi Group on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
|Customer Service Compare||Sharekhan||Marwadi Group|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||1800227500||Info Not Available|
|Account Opening Process||Offline||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://www.sharekhan.com/help/hello||Info Not Available|
|Head Office Address||Sharekhan Limited,
Lodha iThink Techno Campus,
|Info Not Available|
|Website||https://www.sharekhan.com||Info Not Available|
Compare Sharekhan with Marwadi Group on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Sharekhan with Marwadi Group on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹500 pa||₹250 pa|
|Advance Deposit||Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)||NA-NA-NA-NA-NA-NA-NA-2250#-3600#-NA-NA-NA-2250#-2250#-NA-NA|
|Statutory charges||Actual Stamp Paper Charges||Nil|
|Transaction Charges on Debit (Per ISIN)||0.03% (Min ₹30) + ₹5.50 (CDSL Charges)||₹25|
|Demat||₹5 per certificate (Min 50 per request)||₹3 per certificate|
|Remat||₹50 per certificate or ₹50 for every hundred securities||₹25 per certificate|
|Pledge Creation||0.03% (Min ₹100)||₹50|
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure Confirmation||Nil||Nil|
|Failed Instruction Charges||Nil||₹15|
|Other Charges||Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Compare Sharekhan with Marwadi Group on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
|Info Not Available|
|Payout Time||Max 24 hrs except bank holidays||Info Not Available|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|Bank Detail||Sharekhan Limited
|Info Not Available|
Research reports, branch office.
No online support, Plans are not available on website, Major presence in Gujarat only.
|Special Offers/Promo||Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time.|
|Enquiry||Enquire about Sharekhan||Enquire about Marwadi Group|
Last Updated on 2019-12-13T01:08:47+00:00