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Quick Comparision (Marwadi Shares VS ICICI Direct)

 
 

Marwadi Shares Vs ICICI Direct

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.


ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Marwadi Shares Vs ICICI Direct - Broker Details

Marwadi Shares ICICI Direct
Single Margin Facility
Year of Incorporation 1992 1995
Exchanges NSE, BSE, MCX and NCDEX BSE and NSE.
Branches 117+ 250+
Brokerage ₹20/ Order Prime Plan: ₹900/-
Broker Type Full Service Broker Full service Broker
Call Back Open Account

Marwadi Shares Vs ICICI Direct - Account Opening & AMC Charges

Marwadi Shares ICICI Direct
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 ₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Open Account

Marwadi Shares Vs ICICI Direct - Brokerage charges & Plans

Marwadi Shares ICICI Direct
Commodity Futures ₹20/ Order ₹20/ Order
Currency Futures ₹20/ Order ₹20/ Order
Equity Delivery ₹20/ Order ₹0.09%
Equity Options ₹20/ Order ₹20/ Order
Commodity Options ₹20/ Order ₹20/ Order
Equity Futures ₹20/ Order ₹20/ Order
Currency Options ₹20/ Order ₹20/ Order
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order ₹20/ Order
Call Back Open Account

Marwadi Shares Vs ICICI Direct - Other Charges

Marwadi Shares ICICI Direct
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹20/ Order ₹50/ Order
Other Brokerage Charges ₹20/ Order Prime Plan: ₹900/-
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Open Account

Marwadi Shares Vs ICICI Direct - Transaction Charges

Marwadi Shares ICICI Direct
Currency Options ₹4000/ Cr Exchange turnover charge: 0.04% |Clearing charge: 0.025%
Equity Futures ₹190/ Cr NSE: 0.002%
Equity Intraday ₹325/ Cr NSE: 0.00345% | BSE: 0.00345%
Equity Options ₹5000/Cr NSE: 0.053%
Commodity Non-Agri: ₹260/Cr | Agri: ₹175/ Cr Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures ₹110/Cr Exchange turnover charge: 0.0009% | Clearing charge: 0.0004%
Equity Delivery ₹325/ Cr 0.00345% trade on buy & sell
Call Back Open Account

Marwadi Shares Vs ICICI Direct - Margin (Exposure)

Marwadi Shares ICICI Direct
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML 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 NRML margin (Span + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML 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 NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Marwadi Shares Vs ICICI Direct - Features

Marwadi Shares ICICI Direct
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: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Marwadi Shares Vs ICICI Direct - Review & Rating

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

Marwadi Shares Vs ICICI Direct - Request a call back from Broker

Marwadi Shares ICICI Direct
Call Back Open Account

Marwadi Shares Vs ICICI Direct - Investment Options

Marwadi Shares ICICI Direct
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Marwadi Shares Vs ICICI Direct - Order Type

Marwadi Shares ICICI Direct
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
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Marwadi Shares Vs ICICI Direct - Research & Report

Marwadi Shares ICICI Direct
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Marwadi Shares Vs ICICI Direct - Daily Market Report

Marwadi Shares ICICI Direct
Daily Market Reports & News
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Marwadi Shares Vs ICICI Direct - Suitable For Investor

Marwadi Shares ICICI Direct
Casual Investor
Active Investor
Trader
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Marwadi Shares Vs ICICI Direct - Pros & Cons

Marwadi Shares ICICI Direct
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. It facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE.
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. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month.
Call Back Open Account

Marwadi Shares Vs ICICI Direct - Background

Marwadi Shares ICICI Direct
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Marwadi Shares Vs ICICI Direct - Compare All Brokers

Marwadi Shares ICICI Direct
Call Back Open Account

Marwadi Shares Vs ICICI Direct - STT/CTT

Marwadi Shares ICICI Direct
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 NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options 0.05% on sell side (on Premium) 0.05% on Sell Side(on Premium)
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
Call Back Open Account

Marwadi Shares Vs ICICI Direct - Demat transaction charges

Marwadi Shares ICICI Direct
Equity Demat Transaction Charges ₹25 + GST per scrip only on sell Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000)
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Marwadi Shares Vs ICICI Direct - GST

Marwadi Shares ICICI Direct
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge + SEBI Fee)
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Marwadi Shares Vs ICICI Direct - SEBI Charges

Marwadi Shares ICICI Direct
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore
Call Back Open Account

Marwadi Shares Vs ICICI Direct - Account Opening & AMC Charges

Marwadi Shares
ICICI Direct
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
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹0 (Free)
₹0 (Free)
 

Marwadi Shares Vs ICICI Direct

Marwadi Shares ICICI Direct
 

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 "+ ICICI Direct

ICICI Direct Review | Brokerage Charges, Account Opening

With ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.
 
 

ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Marwadi Shares Vs ICICI Direct - Brokerage charges & Plans

Marwadi Shares ICICI Direct
Commodity Futures ₹20/ Order ₹20/ Order
Currency Futures ₹20/ Order ₹20/ Order
Equity Delivery ₹20/ Order ₹0.09%
Equity Options ₹20/ Order ₹20/ Order
Commodity Options ₹20/ Order ₹20/ Order
Equity Futures ₹20/ Order ₹20/ Order
Currency Options ₹20/ Order ₹20/ Order
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order ₹20/ Order
Call Back Open Account

Marwadi Shares Vs ICICI Direct - Margin (Exposure)

Marwadi Shares ICICI Direct
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML 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 NRML margin (Span + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML 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 NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Marwadi Shares Vs ICICI Direct - Other Charges

Marwadi Shares ICICI Direct
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹20/ Order ₹50/ Order
Other Brokerage Charges ₹20/ Order Prime Plan: ₹900/-
Minimum Brokerage ₹20/ Order ₹20/ Order

Marwadi Shares Vs ICICI Direct - STT/CTT

Marwadi Shares ICICI Direct
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 NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options 0.05% on sell side (on Premium) 0.05% on Sell Side(on Premium)
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 ICICI Direct - Demat transaction charges

Marwadi Shares ICICI Direct
Equity Demat Transaction Charges ₹25 + GST per scrip only on sell Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000)

Marwadi Shares Vs ICICI Direct - GST

Marwadi Shares ICICI Direct
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge + SEBI Fee)

Marwadi Shares Vs ICICI Direct - SEBI Charges

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

Marwadi Shares Vs ICICI Direct - Features

Marwadi Shares ICICI Direct
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: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Marwadi Shares

ICICI Direct