Compare 3 Brokers

Upstox Vs Marwadi Group: Which one is better?

The brokerage of Upstox Max Rs 20 per trade while the brokerage of Marwadi Group ranges between 0.06% to 0.3%. Upstox is a Discount Broker where Marwadi Group is a Full Service Broker. Upstox is having overall higher rating compare to Marwadi Group. Upstox is rated 4.5 out of 5 where Marwadi Group is rated only 3.5 out of 5.

Here we present side-by-side comparison of Upstox 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 Upstox 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 Upstox vs Marwadi Group on Service

  Upstox Compare
Upstox
Marwadi Group Compare
Marwadi Group
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE, MCX, NCDEX,MCX-SX
Broker Overview From innovative tools to free trade opportunity to education and prioritizing customer service, Upstox, the cheapest stock broker provides clients everything they need and more to succeed in Indian share market. 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 Upstox. 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 Upstox vs Marwadi Group on Trading & Demat Account Opening Charges

In this section we have compared Upstox with Marwadi Group on trading & demat account opening charges and AMC. Trading account opening charges - Marwadi Group offer Free account opening where Upstox charges Rs 150 Equity/ Rs 150 Commodity for account opeing. Demat AMC charges - Upstox charges Rs 150 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 Upstox with Marwadi Group
Charges Upstox Marwadi Group
Trading Account Opening Fees Rs 150 Equity/ Rs 150 Commodity Free
Trading AMC Free Free
Demat Account Opening Fees Rs 150 Free
Demat AMC Rs 150 PA (Waived for 1st year) Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Upstox vs Marwadi Group on Plan Options

Plans are the most important feature you look when compare Upstox with Marwadi Group. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Upstox provide Multiple Plans where Marwadi Group doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Upstox Marwadi Group
Account Opening Request
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Brokerage Charges

Compare Upstox vs Marwadi Group on Brokerage Charges

Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others

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 Upstox with Marwadi Group
Brokerage Charges Compare Upstox Marwadi Group
Plan Name Max Rs 20 Per Order Trading Plan Basic Trading Plan (Percentage Based)
Equity Delivery Free 0.3% or 30 paisa
Equity Intraday 0.01% or Rs 20 whichever is lower 0.03% or 3 paisa
Equity Futures Flat Fee Rs 20 0.03% or 3 paisa
Equity Options Flat Fee Rs 20 Rs 50 Per Lot
Currency Futures Flat Fee Rs 20 0.03% or 3 paisa
Currency Options Flat Fee Rs 20 Rs 30 Per Lot
Commodity Trading Flat Fee Rs 20 0.03% or 3 paisa
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Rs 20 Per Executable Order Info Not Available
Brokerage Calculator Brokerage Calculator for Upstox Brokerage Calculator for Marwadi Group
SPAN Margin Calculator SPAN Margin Calculator for Upstox SPAN Margin Calculator for Marwadi Group
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Share Broker's Transaction Charges

Compare Upstox vs Marwadi Group on Transaction Charges

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

Transaction Charges - Compare Upstox with Marwadi Group
Transaction Charges Compare Upstox 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 210 Per Cr Rs 190 Per Cr
Equity Options Rs 5500 Per Cr Rs 5000 Per Cr
Currency Futures Rs 150 Per Cr Rs 110 Per Cr
Currency Options Rs 6000 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for upstox Complete Brokerage Plans for marwadi-group
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Account Features

Compare Upstox vs Marwadi Group on Account Features

Compare Upstox 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 - both offers Algo tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Marwadi Group offers margin funding where Upstox doesn't offers margin funding. NRI Trading - Upstox offers NRI where Marwadi Group doesn't offers NRI Trading.

Account Features - Upstox with Marwadi Group
Account Features Compare Upstox Marwadi Group
3 in 1 Account No Upstox have 2-in-1 account. Only Demate and Trading account. No Upstox have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No 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 Upstox vs Marwadi Group on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Upstox 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 Upstox with Marwadi Group
Trading Platform Compare Upstox Marwadi Group
Desktop Trading Platform DartStock/Nest Trader/Fox Trader 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://pro.upstox.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 Upstox MSFL Connect
Mobile Trading App Demo Upstox Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Upstox Download Andriod MSFL Connect Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Upstox 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 Upstox Equity Intraday and Delivery Brokerage Calculator for Marwadi Group
Futures Brokerage Calculator Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for Marwadi Group
Options Brokerage Calculator Options Brokerage Calculator for Upstox Options Brokerage Calculator for Marwadi Group
Detail Detail on Trading Platforms for upstox Detail on Trading Platforms for marwadi-group

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Broker Ratings by Users

Compare Upstox vs Marwadi Group on User Rating

  Upstox Marwadi Group
  8 Customer Reviews    Rate Upstox 2 Customer Reviews    Rate Marwadi Group
Fees Ratings 3.3 2.0
Trading Brokerage Rating 3.8 2.0
Trading Platform Usability 3.3 2.0
Customer Service Ratings 3.1 1.5
Overall Ratings Rated 3.3 stars Rated 2.5 stars
Broker Rating Upstox is Rated 3.3 / 5 based on 8 customer reviews Marwadi Group is Rated 2.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare Upstox vs Marwadi Group on Investment Offerings

Compare Upstox 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) - both the brokers don't have PMS Service.

Investment Offerings - Compare Upstox with Marwadi Group
Investment Offerings Compare Upstox 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 No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL Life & General Insurance
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Order Types

Compare Upstox vs Marwadi Group on Order Types

Order Type - Compare Upstox 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) - Upstox 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) - Upstox 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- both brokers doesn't support Good Till Cancelled (GTC) orders.

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

Compare Upstox vs Marwadi Group on Margin/Leverage

Comapre Upstox 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 Upstox with Marwadi Group
Margin Product Compare Upstox Marwadi Group
Equity Delivery Margin Upstox vs Marwadi Group - Equity Delivery Margin No Margin/Leverage for Equity Delivery. Info Not Available
Equity Intraday Margin Upstox vs Marwadi Group - Equity Intraday Margin Up to 15x for Equity Intraday in Base Plan, Up to 20x on Priority Plan. Info Not Available
Futures Margin Upstox vs Marwadi Group - Futures Margin Up to 4x for Index/Stock future (of NRML Margin), Priority Plan - up to 5x for Index and 4x for Stocks. Info Not Available
Options Margin Upstox vs Marwadi Group - Options Margin Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan - up to 5x for Index and 4x for Stock Options.No leverage on Options Buying. Info Not Available
Equity CO Margin Upstox vs Marwadi Group - Equity CO Margin Up to 20x for NSE/BSE Cash in Base Plan, Up to 25x on Priority Plan. Info Not Available
Futures CO Margin Upstox vs Marwadi Group - Futures CO Margin Up to 4x for Index/Stock (of NRML Margin) future, Priority Plan - up to 7x for Index and 6x for Stocks. Info Not Available
Options CO Margin Upstox vs Marwadi Group - Options CO Margin Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan(PP) - up to 5x for Index and 4x for Stock Options, No leverage on Options Buying. Info Not Available
Commodity Margin Upstox vs Marwadi Group - Commodity Margin Up to 2.5x MIS Margin of SPAN, 3x for Priority Pack, Complete SPAN is required for carry forward positions. Info Not Available
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Customer Service Offered

Compare Upstox vs Marwadi Group on Customer Service

Compare Upstox 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 Upstox with Marwadi Group
Customer Service Compare Upstox Marwadi Group
24/7 Customer Service Upstox vs Marwadi Group - 24x7 customer support No No
Email Support Upstox vs Marwadi Group - Email Support Yes Yes
Onine Live Chat Upstox vs Marwadi Group - Onine Live Chat Yes No
Phone Support Upstox vs Marwadi Group - Phone Support Yes Yes
Toll Free Number Upstox vs Marwadi Group - Toll Free Number No No
Through Branches Upstox vs Marwadi Group - Through Branches Yes Yes
Customer Care Number Upstox vs Marwadi Group - Customer Care Number +91 22 6130 9999 Info Not Available
Account Opening Process Upstox vs Marwadi Group - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Upstox vs Marwadi Group - Customer Support Email [email protected]  Info Not Available
Knowledge Center/Education Upstox vs Marwadi Group - Knowledge Center/Education https://upstox.com/help-center/ Info Not Available
Head Office Address Upstox vs Marwadi Group - Head Office Address/Corporate Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Info Not Available
Website Upstox vs Marwadi Group - Company Website https://upstox.com/ Info Not Available
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Tips/Research/Reports Published

Compare Upstox vs Marwadi Group on Research Reports, Tips

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

Research Reports - Compare Upstox with Marwadi Group
  Upstox Marwadi Group
Research Mutual Funds Upstox vs Marwadi Group - Research Mutual Funds No Yes
Research Equity Reports Upstox vs Marwadi Group - Research Equity Reports No Yes
Research ETF Upstox vs Marwadi Group - Research ETF No Yes
Daily Market Report Upstox vs Marwadi Group - Daily Market Report No Yes
Free Tips Upstox vs Marwadi Group - Free Tips No Yes
Quarterly Result Analysis Upstox vs Marwadi Group - Quarterly Results No Yes
News Alerts Upstox vs Marwadi Group - No Yes
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Demat Account

Compare Upstox vs Marwadi Group on Demat Account

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

Demat Charges - Compare Upstox with Marwadi Group
  Upstox Marwadi Group
DP Source CDSL CDSL
DP ID Upstox vs Marwadi Group - DP ID 81800 No
Demat Account Annual Maintenance Charges(AMC) Rs. 300/- per annum. 300-300-500-1000-250-400-1000-250*-400*-250-999*-250-250*-250*-NIL-100
Advance Deposit NIL NA-NA-NA-NA-NA-NA-NA-2250#-3600#-NA-NA-NA-2250#-2250#-NA-NA
Statutory charges NIL 0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0
Transaction Charges on Debit (Per ISIN) Rs.8/- plus Rs.5.50/- (CDSL charges) per scrip. 15-15-20$(Max500)-50$(Max500)-25$-20$-15$-25$-20$-25$-25$-20$(Max500)-20$(Max500)-25$(Max100)-$70^-$70^
Demat Rs 2.00 per certificate plus courier charges of Rs. 35/- per demat request for every 500 gms. 3-3-NA-NA-3-3-2-3-3-NA-3-NA-NA-NA-10-10
Remat Rs. 25/- per certificate or 0.05% of the value whichever is higher. 25-25-80-NA-25-25-25-25-25-NA-25-80-80-50-50-50
Pledge Creation 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. 50-50-40-NA-50-40-30-50-40-50-50-40-40-40-75-75
Pledge Creation Confirmation 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. NIL
Pledge Closure 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. 50-50-40-NA-20-20-20-20-20-20-20-40-40-40-75-75
Pledge Closure Confirmation 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual. NIL
Pledge Invocation 0.05% of the transaction charges subject to a minimum of Rs. 50/- 50-50-50-NA-25-25-25-25-25-25-25-50-50-50-75-75
Failed Instruction Charges Rs. 50/- per transaction. RS10/- ONLY IN TARIFF 99-RS.15/- FOR G2 & G3
Other Charges Demat Rejection Charges: Rs. 35/- per rejection for every 500 gms. Adhoc / Non periodic statement requests: Adhoc statement requests: - Rs. 25/- (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs. 10/- plus courier / postage charges. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers. Imprest Amount -T1:2000-CC:5000-TL:2000,

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Special Offers,Advantages,Disadvantages

Compare Upstox vs Marwadi Group on Special Offers and Promotion

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

Compare Upstox vs Marwadi Group on Special Offers and Promotion
  Upstox Marwadi Group
Pay In and Pay Out Options Upstox vs Marwadi Group - Pay In and Pay Out Options pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Upstox vs Marwadi Group - Payout Time Max 24 hrs except bank holidays Info Not Available
Bank Supported and Charges Upstox vs Marwadi Group - Bank Supported and Charges Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. Info Not Available
Bank Detail HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
Info Not Available
Likes
  • Low cost brokerage structure.
  • Upstox branches available in Delhi, Mumbai, Pune and Ahmedabad.
  • After Market Order (AMO), Cover Order and BO are available on both web and mobile.

Detail Review...

Research reports, branch office.

Detail Review...

Dislikes
  • Upstox doesn't provide tips and recommendations.
  • Algo-trading facility is not available.
  • Margin funding and margin against shares is not available.
  • Doesn't provide facility to online invest in IPO via Upstox Trading website/app.

Detail Review...

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

Detail Review...

Special Offers/Promo 100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades.
Enquiry Enquire about Upstox Enquire about Marwadi Group

Last Updated on 2019-06-27T00:43:21+00:00







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