Compare 3 Brokers

Sharekhan Vs Marwadi Group: Which one is better?

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.

Compare Sharekhan vs Marwadi Group on Service

  Sharekhan Compare
Sharekhan
Marwadi Group Compare
Marwadi Group
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, 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... Know more about Sharekhan 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.
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Marwadi Group. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Sharekhan vs Marwadi Group on Trading & Demat Account Opening Charges

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 & Demat Account Opening Charges - Compare Sharekhan with Marwadi Group
Charges Sharekhan Marwadi Group
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Waived for 1st year) Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Sharekhan vs Marwadi Group on Plan Options

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.

Compare Sharekhan with Marwadi Group on Plan Options
Plan Types Sharekhan Marwadi Group
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Sharekhan Marwadi Group
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs Marwadi Group on Brokerage Charges

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 with Marwadi Group
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
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Share Broker's Transaction Charges

Compare Sharekhan vs Marwadi Group on Transaction Charges

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

Transaction Charges - Compare Sharekhan with Marwadi Group
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
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Account Features

Compare Sharekhan vs Marwadi Group on Account Features

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

Compare Sharekhan vs Marwadi Group on Trading Platform

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 with Marwadi Group
Trading Platform Compare Sharekhan Marwadi Group
Desktop Trading Platform TradeTiger Marwadi ODIN Diet
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.sharekhan.com/ https://mtrade.marwadionline.com/html5/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sharekhan MSFL Connect
Mobile Trading App Demo Sharekhan Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Sharekhan Download Andriod MSFL Connect Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sharekhan Download iOS MSFL Connect Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
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

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Broker Ratings by Users

Compare Sharekhan vs Marwadi Group on User Rating

  Sharekhan Marwadi Group
  178 Customer Reviews    Rate Sharekhan 2 Customer Reviews    Rate Marwadi Group
Fees Ratings 3.2 2.0
Trading Brokerage Rating 3.1 2.0
Trading Platform Usability 3.9 2.0
Customer Service Ratings 3.5 1.5
Overall Ratings Rated 3.6 stars Rated 2.5 stars
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
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Investment Offerings

Compare Sharekhan vs Marwadi Group on Investment Offerings

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 with Marwadi Group
Investment Offerings Compare Sharekhan Marwadi Group
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 Yes No
Other Investment Options NIL Life & General Insurance
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Order Types

Compare Sharekhan vs Marwadi Group on Order Types

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

Compare Sharekhan vs Marwadi Group on Margin/Leverage

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.

Exposure/margin - Compare Sharekhan with Marwadi Group
Margin Product Compare Sharekhan Marwadi Group
Equity Delivery Margin Sharekhan vs Marwadi Group - Equity Delivery Margin Upto 5x via Margin Funding. Info Not Available
Equity Intraday Margin Sharekhan vs Marwadi Group - 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 Sharekhan vs Marwadi Group - Futures Margin 1x means actual SPAN + Exposure. 1x means actual SPAN + Exposure.
Options Margin Sharekhan vs Marwadi Group - 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 Sharekhan vs Marwadi Group - 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 Sharekhan vs Marwadi Group - 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 Sharekhan vs Marwadi Group - 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 Sharekhan vs Marwadi Group - 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 Sharekhan vs Marwadi Group on Customer Service

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 Support - Compare Sharekhan with Marwadi Group
Customer Service Compare Sharekhan Marwadi Group
24/7 Customer Service Sharekhan vs Marwadi Group - 24x7 customer support No No
Email Support Sharekhan vs Marwadi Group - Email Support Yes Yes
Onine Live Chat Sharekhan vs Marwadi Group - Onine Live Chat Yes No
Phone Support Sharekhan vs Marwadi Group - Phone Support Yes Yes
Toll Free Number Sharekhan vs Marwadi Group - Toll Free Number Yes No
Through Branches Sharekhan vs Marwadi Group - Through Branches Yes Yes
Customer Care Number Sharekhan vs Marwadi Group - Customer Care Number 1800227500 Info Not Available
Account Opening Process Sharekhan vs Marwadi Group - Account Opening Process Offline Info Not Available
Customer Support Email Sharekhan vs Marwadi Group - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Sharekhan vs Marwadi Group - Knowledge Center/Education https://www.sharekhan.com/help/hello Info Not Available
Head Office Address Sharekhan vs Marwadi Group - Head Office Address/Corporate Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH– 400042
Info Not Available
Website Sharekhan vs Marwadi Group - Company Website https://www.sharekhan.com Info Not Available
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Tips/Research/Reports Published

Compare Sharekhan vs Marwadi Group on Research Reports, Tips

Compare Sharekhan with Marwadi Group on research reports and tips provided by broker.

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

Compare Sharekhan vs Marwadi Group on Demat Account

Compare Sharekhan with Marwadi Group on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Sharekhan with Marwadi Group
  Sharekhan Marwadi Group
DP Source CDSL CDSL
DP ID Sharekhan vs Marwadi Group - DP ID 36000 No
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 Nil ₹20
Pledge Closure Confirmation Nil Nil
Pledge Invocation Nil ₹25
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
Nil

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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs Marwadi Group on Special Offers and Promotion

Compare Sharekhan with Marwadi Group on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Sharekhan vs Marwadi Group on Special Offers and Promotion
  Sharekhan Marwadi Group
Pay In and Pay Out Options Sharekhan vs Marwadi Group - 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 Sharekhan vs Marwadi Group - Payout Time Max 24 hrs except bank holidays Info Not Available
Bank Supported and Charges Sharekhan vs Marwadi Group - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Info Not Available
Likes
  • Free call and trade facility.
  • Most powerful and robust trading terminal-'Trade Tiger'.
  • Share transfer from and to the DP account is free.
  • Huge network.
  • Supports commodity trading.

Detail Review...

Research reports, branch office.

Detail Review...

Dislikes
  • Doesn't offer 3-in-1 account.
  • Minimum brokerage charges which makes it difficult to trade in penny stocks.
  • High brokerage so not well fit for day traders.
  • Classic account doesn't facilitate to trade in commodities.

Detail Review...

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

Detail Review...

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







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