Upstox Vs Marwadi Shares
Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
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.
Upstox Vs Marwadi Shares - Broker Details
| Upstox | Marwadi Shares | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 1992 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 117+ |
| Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | ₹20/ Order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Upstox Vs Marwadi Shares - Account Opening & AMC Charges
| Upstox | Marwadi Shares | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹450/ Year one-time payment of ₹2500 |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Upstox Vs Marwadi Shares - Brokerage charges & Plans
| Upstox | Marwadi Shares | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | ₹20/ Order |
| Equity Options | ₹20/ Order | ₹20/ Order |
| Commodity Options | ₹20/ Order | ₹20/ Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Currency Options | ₹20/ Order | ₹20/ Order |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Call Back Open Account |
Upstox Vs Marwadi Shares - Other Charges
| Upstox | Marwadi Shares | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹20/ Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Upstox Vs Marwadi Shares - Transaction Charges
| Upstox | Marwadi Shares | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | ₹4000/ Cr |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | ₹190/ Cr |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | ₹325/ Cr |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | ₹5000/Cr |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | Non-Agri: ₹260/Cr | Agri: ₹175/ Cr |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | ₹110/Cr |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | ₹325/ Cr |
| Call Back Open Account |
Upstox Vs Marwadi Shares - Margin (Exposure)
| Upstox | Marwadi Shares | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 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 (no margin) | 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 |
Upstox Vs Marwadi Shares - Features
| Upstox | Marwadi Shares | |
|---|---|---|
| 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:35 PM |
| Trading Platform | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator | 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Upstox Vs Marwadi Shares - Review & Rating
| Upstox | Marwadi Shares | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Upstox Vs Marwadi Shares - Request a call back from Broker
| Upstox | Marwadi Shares | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Marwadi Shares - Investment Options
| Upstox | Marwadi Shares | |
|---|---|---|
| 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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| Call Back Open Account |
Upstox Vs Marwadi Shares - Order Type
| Upstox | Marwadi Shares | |
|---|---|---|
| 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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| Call Back Open Account |
Upstox Vs Marwadi Shares - Research & Report
| Upstox | Marwadi Shares | |
|---|---|---|
| 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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| Call Back Open Account |
Upstox Vs Marwadi Shares - Daily Market Report
| Upstox | Marwadi Shares | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Upstox Vs Marwadi Shares - Suitable For Investor
| Upstox | Marwadi Shares | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Upstox Vs Marwadi Shares - Pros & Cons
| Upstox | Marwadi Shares | |
|---|---|---|
| Pros | 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. | 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. |
| Cons | 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. | 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. |
| Call Back Open Account |
Upstox Vs Marwadi Shares - Background
| Upstox | Marwadi Shares | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Marwadi Shares - Compare All Brokers
| Upstox | Marwadi Shares | |
|---|---|---|
| Call Back Open Account |
Upstox Vs Marwadi Shares - STT/CTT
| Upstox | Marwadi Shares | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
| Call Back Open Account |
Upstox Vs Marwadi Shares - Demat transaction charges
| Upstox | Marwadi Shares | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹25 + GST per scrip only on sell |
| Call Back Open Account |
Upstox Vs Marwadi Shares - GST
| Upstox | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Upstox Vs Marwadi Shares - SEBI Charges
| Upstox | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Upstox Vs Marwadi Shares - Account Opening & AMC Charges
Upstox
Marwadi Shares
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹450/ Year one-time payment of ₹2500
Trading Account AMC
₹0 (Free)
₹0 (Free)
Upstox Vs Marwadi Shares
| Upstox | Marwadi Shares | |
|---|---|---|
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. |
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 .. |
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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.
Upstox Vs Marwadi Shares - Brokerage charges & Plans
| Upstox | Marwadi Shares | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | ₹20/ Order |
| Equity Options | ₹20/ Order | ₹20/ Order |
| Commodity Options | ₹20/ Order | ₹20/ Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Currency Options | ₹20/ Order | ₹20/ Order |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Call Back Open Account |
Upstox Vs Marwadi Shares - Margin (Exposure)
| Upstox | Marwadi Shares | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 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 (no margin) | 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 |
Upstox Vs Marwadi Shares - Other Charges
| Upstox | Marwadi Shares | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹20/ Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Upstox Vs Marwadi Shares - STT/CTT
| Upstox | Marwadi Shares | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
| Call Back Open Account |
Upstox Vs Marwadi Shares - Demat transaction charges
| Upstox | Marwadi Shares | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹25 + GST per scrip only on sell |
| Call Back Open Account |
Upstox Vs Marwadi Shares - GST
| Upstox | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Upstox Vs Marwadi Shares - SEBI Charges
| Upstox | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Upstox Vs Marwadi Shares - Features
| Upstox | Marwadi Shares | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
|
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| Margin Trading Facility |
|
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| Call & Trade Facility |
|
|
| 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:35 PM |
| Trading Platform | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator | 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |