Marwadi Shares Vs Astha Trade
| |Marwadi Shares Vs Astha Trade comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Here is a point by point comparison of Marwadi Shares Vs Astha Trade.
Astha Trade is a discount stock broker based out of Bhopal and has a presence in more than 100 locations across the country. Although it’s a full-service broker, its brokerage charges are reasonable and offer a wide range of trading platforms.
Marwadi Shares is a Gujarat based full-service stockbroker and has around 1450 branches across different parts of the country. The broker offers low brokerage charges but has a low focus on developing its in-house trading platforms. Thus, clients must make sure to understand their requirements before opening the account.
Full-service brokers such as Marwadi Shares will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Discount brokers such as Astha Trades offer trading services at much cheaper brokerage rates and reasonable customer service.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Marwadi Shares Vs Astha Trade to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Marwadi Group Review | Astha Trade Review | |
OVERVIEW | ||
Incorporated In the Year | 1992 | 2005 |
Number of branches across India | 1450 | 100+ |
Exchanges | NSE, BSE, MCX and NCDEX | NSE, MCX-SX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹500 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹300 |
Demat Account Annual Maintenance Charges | ₹450 per year or ₹2500 for lifetime | ₹0 |
Transaction Charges | Marwadi Group Transaction Charges | Astha Trade Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% | 0.1% |
Intraday Delivery | 0.06% | 0.01% |
Equity Futures | 0.02% | 0.01% |
Equity Options | ₹100 per lot | ₹10 per lot |
Currency Futures | 0.02% | 0.01% |
Currency Options | ₹100 per lot | ₹10 per lot |
Commodity | 0.02% | 0.01% |
Brokerage Calculator | Marwadi Group Brokerage Calculator | Astha Trade Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday, 2 times for Delivery | Upto 40 times for Intraday, 4 times for Delivery |
Equity Futures | 2 times for Intraday | 10 times for Intraday |
Equity Options | 4 times for Intraday | 7 times for Intraday |
Currency Futures | 2 times for Intraday | 3 times for Intraday |
Currency Options | 4 times for Intraday | 2 times for Intraday |
Commodities | 2 times for Intraday | Depending on the Commodity |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | ODIN Diet, NSE Now, Marwadi Trade Mobile App | ODIN Diet, iWin Mobile, FinTech Web, NSE Now, NSE Mobile, Bhav Terminal Software |
Complaints percentage | 0.01% | 0.22% |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Marwadi Shares Vs Astha Trade for the benefits of other readers? Please feel free to share in the comments below.
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