STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS
Login / Sign Up

Comparision (Marwadi Shares VS Groww)

 

Marwadi Shares Vs Groww

Marwadi Shares
Marwadi Shares is a full service Broker. Marwadi Shares Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.


Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Marwadi Shares Vs Groww - Broker Details

Marwadi Shares Groww
Single Margin Facility
Year of Incorporation 1992 2016
Exchanges NSE, BSE, MCX and NCDEX NSE and BSE.
Branches 117+ Zero
Brokerage ₹20/ Order ₹20/ Order
Broker Type Full Service Broker Discount Broker

Marwadi Shares Vs Groww - Account Opening & AMC Charges

Marwadi Shares Groww
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹450/ Year one-time payment of ₹2500 ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Marwadi Shares Vs Groww - Brokerage charges & Plans

Marwadi Shares Groww
Commodity Futures ₹20/ Order N/A
Currency Futures ₹20/ Order N/A
Equity Delivery ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Commodity Options ₹20/ Order N/A
Equity Futures ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/ Order N/A
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)

Marwadi Shares Vs Groww - Other Charges

Marwadi Shares Groww
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹20/ Order N/A
Other Brokerage Charges ₹20/ Order ₹20/ Order or 0.05%
Minimum Brokerage ₹20/ Order ₹20/ Order

Marwadi Shares Vs Groww - Transaction Charges

Marwadi Shares Groww
Currency Options ₹4000/ Cr N/A
Equity Futures ₹190/ Cr NSE:- 0.002%
Equity Intraday ₹325/ Cr NSE:- 0.00345% | BSE:- 0.00345%
Equity Options ₹5000/Cr NSE:- 0.053% on premium
Commodity Non-Agri: ₹260/Cr | Agri: ₹175/ Cr N/A
Currency Futures ₹110/Cr N/A
Equity Delivery ₹325/ Cr NSE:- 0.00345% | BSE:-0.00345%

Marwadi Shares Vs Groww - Margin (Exposure)

Marwadi Shares Groww
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x

Marwadi Shares Vs Groww - Features

Marwadi Shares Groww
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:35 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund

Marwadi Shares Vs Groww - Review & Rating

Marwadi Shares Groww
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Marwadi Shares Vs Groww - Request a call back from Broker

Marwadi Shares Groww

Marwadi Shares Vs Groww - Investment Options

Marwadi Shares Groww
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Marwadi Shares Vs Groww - Order Type

Marwadi Shares Groww
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Marwadi Shares Vs Groww - Research & Report

Marwadi Shares Groww
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Marwadi Shares Vs Groww - Daily Market Report

Marwadi Shares Groww
Daily Market Reports & News

Marwadi Shares Vs Groww - Suitable For Investor

Marwadi Shares Groww
Casual Investor
Active Investor
Trader

Marwadi Shares Vs Groww - Pros & Cons

Marwadi Shares Groww
Pros 1. It provides a wide range of trading products. 2. It has a decent number of offline branches and offices across India. 3. It has some reasonable brokerage charges. 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option.
Cons 1. It provides various low-quality research. 2. It provides various customer service by considering it with the broker. 3. It provides no in-house technology and trading platforms. 4. The margin provided to the customer is very minimum. 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth.

Marwadi Shares Vs Groww - Background

Marwadi Shares Groww

Marwadi Shares Vs Groww - Compare All Brokers

Marwadi Shares Groww

Marwadi Shares Vs Groww - STT/CTT

Marwadi Shares Groww
Commodity Futures 0.01% on sell side (Non-Agri) N/A
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell side 0.025% only on sell
Equity Options 0.05% on sell side (on Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy & sell
Equity Futures 0.01% on sell side 0.01% only on sell
Commodity Options 0.05% on sell side N/A

Marwadi Shares Vs Groww - Demat transaction charges

Marwadi Shares Groww
Equity Demat Transaction Charges ₹25 + GST per scrip only on sell ₹13.5 Gst per scrip per day only on sell

Marwadi Shares Vs Groww - GST

Marwadi Shares Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% ( Brokerage + Transaction charges)

Marwadi Shares Vs Groww - SEBI Charges

Marwadi Shares Groww
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Marwadi Shares Vs Groww - Account Opening & AMC Charges

Marwadi Shares
Groww
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹450/ Year one-time payment of ₹2500
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 

Marwadi Shares Vs Groww

Marwadi Shares Groww
 

Marwadi Shares Review | Brokerage Charges, Account Opening

Marwadi shares finance ltd is a full-service broker which was incorporated in the year 1992. Marwadi shares & finance limited is a financial service firm that avails its broking services in Marwadi share market segments such as stock, commodity and derivatives through NSE, BSE, NCDEX and MCX via Marwadi shares client login. From the experien ..
+ " Vs "+ Groww

Groww Review | Brokerage Charges, Account Opening


Groww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application ..
 
 

Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Marwadi Shares Vs Groww - Brokerage charges & Plans

Marwadi Shares Groww
Commodity Futures ₹20/ Order N/A
Currency Futures ₹20/ Order N/A
Equity Delivery ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Commodity Options ₹20/ Order N/A
Equity Futures ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/ Order N/A
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Marwadi Shares Vs Groww - Margin (Exposure)

Marwadi Shares Groww
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x

Marwadi Shares Vs Groww - Other Charges

Marwadi Shares Groww
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹20/ Order N/A
Other Brokerage Charges ₹20/ Order ₹20/ Order or 0.05%
Minimum Brokerage ₹20/ Order ₹20/ Order

Marwadi Shares Vs Groww - STT/CTT

Marwadi Shares Groww
Commodity Futures 0.01% on sell side (Non-Agri) N/A
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell side 0.025% only on sell
Equity Options 0.05% on sell side (on Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy & sell
Equity Futures 0.01% on sell side 0.01% only on sell
Commodity Options 0.05% on sell side N/A

Marwadi Shares Vs Groww - Demat transaction charges

Marwadi Shares Groww
Equity Demat Transaction Charges ₹25 + GST per scrip only on sell ₹13.5 Gst per scrip per day only on sell

Marwadi Shares Vs Groww - GST

Marwadi Shares Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% ( Brokerage + Transaction charges)

Marwadi Shares Vs Groww - SEBI Charges

Marwadi Shares Groww
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Marwadi Shares Vs Groww - Features

Marwadi Shares Groww
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:35 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund

Marwadi Shares

Groww