Zerodha Vs Marwadi Shares
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Zerodha Vs Marwadi Shares - Broker Details
| Zerodha | Marwadi Shares | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 1992 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 120+ | 117+ |
| Brokerage | ₹20/ Order or 0.03% | ₹20/ Order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Zerodha Vs Marwadi Shares - Account Opening & AMC Charges
| Zerodha | Marwadi Shares | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹450/ Year one-time payment of ₹2500 |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Zerodha Vs Marwadi Shares - Brokerage charges & Plans
| Zerodha | Marwadi Shares | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order |
| Equity Delivery | Zero Brokerage | ₹20/ Order |
| Equity Options | ₹20/ Order | ₹20/ Order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹20/ Order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order |
| Call Back Open Account |
Zerodha Vs Marwadi Shares - Other Charges
| Zerodha | Marwadi Shares | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20/ Order |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹20/ Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Zerodha Vs Marwadi Shares - Transaction Charges
| Zerodha | Marwadi Shares | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | ₹4000/ Cr |
| Equity Futures | NSE: 0.002% | ₹190/ Cr |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | ₹325/ Cr |
| Equity Options | NSE: 0.053% (on premium) | ₹5000/Cr |
| Commodity | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | Non-Agri: ₹260/Cr | Agri: ₹175/ Cr |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | ₹110/Cr |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | ₹325/ Cr |
| Call Back Open Account |
Zerodha Vs Marwadi Shares - Margin (Exposure)
| Zerodha | Marwadi Shares | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 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 | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Zerodha Vs Marwadi Shares - Features
| Zerodha | 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:35 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 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 |
Zerodha Vs Marwadi Shares - Review & Rating
| Zerodha | Marwadi Shares | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Zerodha Vs Marwadi Shares - Request a call back from Broker
| Zerodha | Marwadi Shares | |
|---|---|---|
| Call Back Open Account |
Zerodha Vs Marwadi Shares - Investment Options
| Zerodha | 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 |
Zerodha Vs Marwadi Shares - Order Type
| Zerodha | 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 |
Zerodha Vs Marwadi Shares - Research & Report
| Zerodha | 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 |
Zerodha Vs Marwadi Shares - Daily Market Report
| Zerodha | Marwadi Shares | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Zerodha Vs Marwadi Shares - Suitable For Investor
| Zerodha | Marwadi Shares | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Zerodha Vs Marwadi Shares - Pros & Cons
| Zerodha | Marwadi Shares | |
|---|---|---|
| Pros | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. | 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.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 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 |
Zerodha Vs Marwadi Shares - Background
| Zerodha | Marwadi Shares | |
|---|---|---|
| Call Back Open Account |
Zerodha Vs Marwadi Shares - Compare All Brokers
| Zerodha | Marwadi Shares | |
|---|---|---|
| Call Back Open Account |
Zerodha Vs Marwadi Shares - STT/CTT
| Zerodha | Marwadi Shares | |
|---|---|---|
| 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 (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & 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 |
Zerodha Vs Marwadi Shares - Demat transaction charges
| Zerodha | Marwadi Shares | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹25 + GST per scrip only on sell |
| Call Back Open Account |
Zerodha Vs Marwadi Shares - GST
| Zerodha | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Zerodha Vs Marwadi Shares - SEBI Charges
| Zerodha | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
| Call Back Open Account |
Zerodha Vs Marwadi Shares - Account Opening & AMC Charges
Zerodha
Marwadi Shares
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹450/ Year one-time payment of ₹2500
Trading Account AMC
₹0 (Free)
₹0 (Free)
Zerodha Vs Marwadi Shares
| Zerodha | Marwadi Shares | |
|---|---|---|
Zerodha Review 2024Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Read more.. |
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.
Zerodha Vs Marwadi Shares - Brokerage charges & Plans
| Zerodha | Marwadi Shares | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order |
| Equity Delivery | Zero Brokerage | ₹20/ Order |
| Equity Options | ₹20/ Order | ₹20/ Order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹20/ Order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order |
| Call Back Open Account |
Zerodha Vs Marwadi Shares - Margin (Exposure)
| Zerodha | Marwadi Shares | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 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 | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Zerodha Vs Marwadi Shares - Other Charges
| Zerodha | Marwadi Shares | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20/ Order |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹20/ Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Zerodha Vs Marwadi Shares - STT/CTT
| Zerodha | Marwadi Shares | |
|---|---|---|
| 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 (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & 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 |
Zerodha Vs Marwadi Shares - Demat transaction charges
| Zerodha | Marwadi Shares | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹25 + GST per scrip only on sell |
| Call Back Open Account |
Zerodha Vs Marwadi Shares - GST
| Zerodha | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Zerodha Vs Marwadi Shares - SEBI Charges
| Zerodha | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
| Call Back Open Account |
Zerodha Vs Marwadi Shares - Features
| Zerodha | Marwadi Shares | |
|---|---|---|
| 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:35 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |