Marwadi Group Review 2019

Rated 3.5/5 by Top Share Brokers Team
Marwadi Group Review

Save 60% to 90% Brokerage

Name 

 Phone 
Email   City 
State   

    Incorporated in 1992, Marwadi Shares & Finance Limited (Marwadi group) is leading full-service broking firm with 90+ branches and 1450+ channel partners based in Rajkot, Gujarat. Marwadi group has 20+ year of experience in capital market included Equity Trading, Commodity, Currencies Trading, distribution of Life & General Insurance products, portfolio management services and Wealth Management & Financial Planning Services.

    Marwari group started their business in 1992 and got its first membership in NSE Cash segment in 1996 and in derivative market in 2000. From 2003 company is providing service in MCZ and NCDEX. In 2004 company got membership in BSE and converted in public limited company. Company has its own DP service. Now supporting institutional and corporate house trading.

    Company also provides services in mutual funds and IPOs. Dedicated research cell known as “Habit”, provide daily, weekly and monthly research reports to its investors.

    On Customer service – Not great customer service if you are trying to contact with the team over email. They don’t want to disclose their brokerage plans. No online chat or discussion forum.

Review Summary

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.

Marwadi Group Key Highlights

  • All investment options - Equities, IPO, Mutual Funds, ETFs, Commodities, F&O.
  • Branch offices to give local support.
  • Multiple trading platforms.
  • Top 10 volume driver in BSE F&O segment during 2006 & 2007

Benefits

Research reports, branch office.

Considerations

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

Save 90% Brokerage - Request call back

Marwadi Group Investment Options Compare

Here we are comparing Marwadi Group with its 5 close competitors on investment options.

Broker Marwadi Group Sharekhan 5paisa Zerodha SAMCO
Equity Trading Type Yes Yes Yes Yes Yes
Currency Trading Yes Yes Yes Yes Yes
Commodity Trading Yes Yes Yes Yes Yes
Mutual Funds Yes Yes Yes Yes No
MF SIP Yes Yes Yes Yes No
ETF Investment Yes Yes Yes Yes Yes
Banking No No No No No
Insurance Yes Yes Yes No No

Marwadi Group Brokerage Plans

Brokerage and Commission Rated 3.5/5

    Marwadi Shares & Finance Limited (Marwadi group) claims to have competitive brokerage rates but they want you to approach them personally for any brokerage related queries. The Broker serve their clients personally as they have branches and sub-brokers office available across the country. They don't want to disclose their brokerage; they want to serve each customer as different as per their financial needs. Calling or personally visiting them may help here

For complete brokerage charges and trading plans detail please visit Marwadi Group Brokerage Charges.

Marwadi Group with closest competitors

Here we are comparing Marwadi Group with its 5 close competitors, who are currently market leader in brokerage industry.

Broker Marwadi Group Sharekhan 5paisa Zerodha SAMCO
Service Type Full Service Broker Full Service Broker Discount Broker Discount Broker Discount Broker
Brokerage Range 0.06% to 0.3% 0.1 to 0.5% Rs 10 Rs 20 20 Rs
Account Type 2 in 1 2 in 1 2 in 1 2 in 1 2 in 1
Equity Delivery 0.3% or 30 paisa 0.5% or 50 paisa Flat Fee Rs 10 Free 0.2% or Rs 20 whichever is lower
Equity Intraday 0.03% or 3 paisa 0.1% or 10 paisa Flat Fee Rs 10 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Futures 0.03% or 3 paisa 0.1% or 10 paisa Flat Fee Rs 10 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Rs 50 Per Lot 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 10 Flat Fee Rs 20 Flat Fee Rs 20
Commodity 0.03% or 3 paisa 0.1% or 10 paisa Flat Fee Rs 10 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.03% or 3 paisa 0.1% or 10 paisa Flat Fee Rs 10 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Currency Options Rs 30 Per Lot 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 10 Flat Fee Rs 20 Flat Fee Rs 20
Rating

Please refer unique and accurate Marwadi Group Brokerage Calculator


Open Trading and Demat Account with Marwadi Group

  • Website: http://www.marwadionline.com/
  • Phone Numbers: 0281-6192000,2332001,7174000
  • Email: [email protected]

Save 60% to 90% Brokerage

Name 

 Phone 
Email   City 
State   

Alternatives to Marwadi Group

 comparison
 comparison
 comparison
 comparison

Marwadi Group Trading Platform

Trading Platforms Rated 3.5/5

    Marwadi group is using Desktop base -ODIN Diet & NOW, Webbase - NET.net & NOW and mobile base trading platform from Financial Technologies (India) Ltd.

    Marwadi group ODIN Diet Desktop Base Trading Platform – MG is using well reputed ODIN Diet trading platform. ODIN Diet is an application-based trading front office solution enabling clients to connect to Marwadi group servers via the Internet. This platform support trading in BSE Cash, NSE Cash, NSE F&O, MCX, NCDEX, MCX Currency. Fund can be transfer from 15+ banks in your account.

    Marwadi group NOW Trading Platform – Direct connectivity to exchange server with high speed, investor can trade in BSE Cash, NSE Cash, NSE F&O, NSE Currency.

    http://www.marwadionline.com – Web based trading platform using Net.net software, with various ad-on features like all segment broadcasts, multi-featured graphs, online payment gateways and automatic password mailer utility for better security. With this webbase portal investor can trade in BSE Cash, NSE Cash, NSE F&O, MCX, NCDEX segments.

    www.nowonline.in – With Marwadi Group you can trade with NSE Now online portal. With this webbase platform, user can trade in BSE Cash, NSE Cash, NSE F&O, NSE Currency.

    Marwadi Group Mobile Trading- NOW is Marwadi group's official mobile base trading application for Equity. The application enables clients registered with Marwadi group to trade in Indian Equity, Derivatives and Currency markets.

    Fund Transfer from 15+ Banks are possible from Website, ODIN Diet, Net-Net Lite.

    For detail review of mobile app and download please visit Marwadi Group Trading Platform Review.

Marwadi Group Trading Platform Compare

Here we are comparing Marwadi Group with its 5 close competitors on Trading Platform.

Broker Marwadi Group Sharekhan 5paisa Zerodha SAMCO
Desktop Windows Yes Yes Yes Yes Yes
Desktop Mac No No No No No
Web Trading Yes Yes Yes Yes Yes
Android Tablet App Yes Yes Yes Yes Yes
Android Mobile App Yes Yes Yes Yes Yes
iPhone App (iOS Mobile App) Yes Yes Yes Yes No
iPad App Yes Yes Yes Yes No
Mobile Site Yes Yes Yes Yes Yes

Final thought about Marwadi Group

Marwadi Group is type of broker who are more interested in carrying business through their sub brokers and branches in different cities. Their focus is to attract local customer city wise and not on centralized online trading. It can be visualized by simple site design and not many tools and platforms offered. Brokerage is also negotiable and can be find out by calling local sub broker of Marwadi Group in your city.

If you like what you have read and want to start trading, leave your contact information with us and we will guide you.

Compare 3 Brokers

Compare Marwadi Group

Find out how Marwadi Group stacks up against other brokers

Marwadi Group User Reviews

avatar
3. jatin Jun 23, 2018 10:02:19 AM IST Reply
customer services is average

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Average
avatar
2. amit May 31, 2017 3:25:51 PM IST Reply
avg about brokerage

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Below Average
avatar
1. Shah May 3, 2016 5:56:25 PM IST Reply
OVERALL EXPERIENCE IS GOOD

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent

Enquire Trading Brokers:

Name 

 Phone 
Email   City 
State   






Search topsharebrokers.com:

Translate topsharebrokers.com: