Marwadi Shares Vs Indiabulls
| |Marwadi Shares Vs Indiabulls is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.
This comparison article also provides a video comparison between Marwadi Shares Vs Indiabulls so that you get a 360-degree view about which broker to go ahead with.
Here is a point by point comparison of Marwadi Shares Vs Indiabulls.
Indiabulls Ventures is a discount stockbroking house from Indiabulls Group (pivoted from the full-service broking model). Based out of Gurgaon, Indiabulls has a presence in 18 cities of the country with a client base of 7 Lakhs. It is one of the very few stockbrokers that provides zero brokerage unlimited trading plans to its clients.
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 Indiabulls Ventures 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 Indiabulls 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.
Indiabulls Ventures Review | Marwadi Group Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service |
Incorporated In the Year | 2000 | 1992 |
Number of branches across India | 150 | 1450 |
Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹450 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹450 (Free 1st Year) | ₹450 per year or ₹2500 for lifetime |
Transaction Charges | Indiabulls Transaction Charges | Marwadi Shares Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.01% | 0.3% |
Intraday Delivery | ₹15 per executed order or 0.01% (whichever is lower) | 0.06% |
Equity Futures | ₹15 per executed order or 0.01% (whichever is lower) | 0.02% |
Equity Options | ₹15 per lot | ₹100 per lot |
Currency Futures | ₹15 per executed order or 0.01% (whichever is lower) | 0.02% |
Currency Options | ₹15 per lot | ₹100 per lot |
Commodity | ₹15 per executed order or 0.01% (whichever is lower) | 0.02% |
Brokerage Calculator | Indiabulls Brokerage Calculator | Marwadi Group Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday, & 3 times for Delivery | Upto 10 times for Intraday, 2 times for Delivery |
Equity Futures | Upto 3 times Intraday | 2 times for Intraday |
Equity Options | NA | 4 times for Intraday |
Currency Futures | Upto 3 times Intraday | 2 times for Intraday |
Currency Options | NA | 4 times for Intraday |
Commodities | Upto 3 times Intraday | 2 times for Intraday |
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) | Power Indiabulls, Online Trading, Indiabulls Shubh | ODIN Diet, NSE Now, Marwadi Trade Mobile App |
Complaints percentage | 0.08% | 0.01% |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Marwadi Shares Vs Indiabulls for the benefits of other readers? Please feel free to share in the comments below.
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