Marwadi Shares Vs Tradebulls
| |Marwadi Shares Vs Tradebulls 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 Tradebulls.
TradeBulls is a full-service stockbroker based out of Mumbai. Being a Full-Service Stockbroker, Tradebulls charges a reasonable brokerage rate and offers its in-house developed trading platforms to 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 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 or Tradebulls 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.
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 Tradebulls 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 | Tradebulls Review | |
OVERVIEW | ||
Broker Type | Full Service | Full Service Broker |
Incorporated In the Year | 1992 | 2009 |
Number of branches across India | 1450 | 18 |
Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX-SX, NCDEX and MCX |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹0 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹450 per year or ₹2500 for lifetime | ₹350 |
Transaction Charges | Marwadi Shares Transaction Charges | Tradebulls Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% | 0.2% |
Intraday Delivery | 0.06% | 0.02% |
Equity Futures | 0.02% | 0.02% |
Equity Options | ₹100 per lot | 0.02% |
Currency Futures | 0.02% | 0.01% |
Currency Options | ₹100 per lot | 0.01% |
Commodity | 0.02% | 0.01% |
Brokerage Calculator | Marwadi Group Brokerage Calculator | TradeBulls Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday, 2 times for Delivery | Upto 10 times Intraday & 3 to 5 times for Delivery |
Equity Futures | 2 times for Intraday | 2 times |
Equity Options | 4 times for Intraday | 3 times |
Currency Futures | 2 times for Intraday | 2 times |
Currency Options | 4 times for Intraday | 3 times |
Commodities | 2 times for Intraday | 3 times |
RESEARCH | NA | |
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 | Tradebulls Client, Diet, Touch Mobile App |
Complaints percentage | 0.01% | 0.19% |
OVERALL RATING | ||
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover.
For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
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 Tradebulls for the benefits of other readers?
Please feel free to share in the comments below.