Marwadi Shares Vs Definedge Securities
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.
Definedge Securities
Marwadi Shares Vs Definedge Securities - Broker Details
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1992 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX. |
| Branches | 117+ | 270 |
| Brokerage | ₹20/ Order | ₹18 per executed order |
| Broker Type | Full Service Broker | Discount Broker |
Marwadi Shares Vs Definedge Securities - Account Opening & AMC Charges
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹450/ Year one-time payment of ₹2500 | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
Marwadi Shares Vs Definedge Securities - Brokerage charges & Plans
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹20/ Order | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹18 per executed order |
| Commodity Options | ₹20/ Order | ₹18 per executed order |
| Equity Futures | ₹20/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20/ Order | ₹18 per executed order |
| Fixed Charges | ₹20/ Order | ₹18 per executed order |
| Equity Intraday | ₹20/ Order | 0.03% or ₹ 18 per executed order whichever is lower |
Marwadi Shares Vs Definedge Securities - Other Charges
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹36/- per order |
| Other Brokerage Charges | ₹20/ Order | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
Marwadi Shares Vs Definedge Securities - Transaction Charges
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Currency Options | ₹4000/ Cr | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | ₹190/ Cr | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | ₹325/ Cr | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | ₹5000/Cr | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | Non-Agri: ₹260/Cr | Agri: ₹175/ Cr | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | ₹110/Cr | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | ₹325/ Cr | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Marwadi Shares Vs Definedge Securities - Margin (Exposure)
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Marwadi Shares Vs Definedge Securities - Features
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:35 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Marwadi Shares Vs Definedge Securities - Review & Rating
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Marwadi Shares Vs Definedge Securities - Request a call back from Broker
| Marwadi Shares | Definedge Securities | |
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Marwadi Shares Vs Definedge Securities - Investment Options
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Marwadi Shares Vs Definedge Securities - Order Type
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Marwadi Shares Vs Definedge Securities - Research & Report
| Marwadi Shares | Definedge Securities | |
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| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Marwadi Shares Vs Definedge Securities - Daily Market Report
| Marwadi Shares | Definedge Securities | |
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| Daily Market Reports & News |
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Marwadi Shares Vs Definedge Securities - Suitable For Investor
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Marwadi Shares Vs Definedge Securities - Pros & Cons
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| 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. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
Marwadi Shares Vs Definedge Securities - Background
| Marwadi Shares | Definedge Securities | |
|---|---|---|
Marwadi Shares Vs Definedge Securities - Compare All Brokers
| Marwadi Shares | Definedge Securities | |
|---|---|---|
Marwadi Shares Vs Definedge Securities - STT/CTT
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the sell Side |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on sell side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Marwadi Shares Vs Definedge Securities - Demat transaction charges
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹25 + GST per scrip only on sell | ₹0 (Free) |
Marwadi Shares Vs Definedge Securities - GST
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Marwadi Shares Vs Definedge Securities - SEBI Charges
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Marwadi Shares Vs Definedge Securities - Account Opening & AMC Charges
Marwadi Shares
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹450/ Year one-time payment of ₹2500
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Marwadi Shares Vs Definedge Securities
| Marwadi Shares | Definedge Securities | |
|---|---|---|
Marwadi Shares Review | Brokerage Charges, Account OpeningMarwadi 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 "+ Definedge Securities |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Marwadi Shares Vs Definedge Securities - Brokerage charges & Plans
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹20/ Order | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹18 per executed order |
| Commodity Options | ₹20/ Order | ₹18 per executed order |
| Equity Futures | ₹20/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20/ Order | ₹18 per executed order |
| Fixed Charges | ₹20/ Order | ₹18 per executed order |
| Equity Intraday | ₹20/ Order | 0.03% or ₹ 18 per executed order whichever is lower |
Marwadi Shares Vs Definedge Securities - Margin (Exposure)
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Marwadi Shares Vs Definedge Securities - Other Charges
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹36/- per order |
| Other Brokerage Charges | ₹20/ Order | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
Marwadi Shares Vs Definedge Securities - STT/CTT
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the sell Side |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on sell side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Marwadi Shares Vs Definedge Securities - Demat transaction charges
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹25 + GST per scrip only on sell | ₹0 (Free) |
Marwadi Shares Vs Definedge Securities - GST
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Marwadi Shares Vs Definedge Securities - SEBI Charges
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Marwadi Shares Vs Definedge Securities - Features
| Marwadi Shares | Definedge Securities | |
|---|---|---|
| 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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