Marwadi Shares Vs Achiievers Equities – Share Brokers Comparison
Marwadi Shares Vs Achiievers Equities
Here is a point by point comparison of Marwadi Shares Vs Achiievers Equities. Achiievers Equities is a one of its own kind discount broker that provides fixed brokerage plans at Month, Day and Trade level but also provides research reports and market tips. At the same time, Achiievers Equities provides a 3-in-1 account offering convenience to its clients when it comes to payment transfers. Marwadi Shares is a Gujarat based full service stock broker 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.
Discount brokers such as Achiievers Equities offer trading services at much cheaper brokerage rates and reasonable customer service. Full service brokers such as Marwadi Shares will help you, spoon feed you, hand hold 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 Achiievers Equities 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 stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
Achiievers Equities Review | Marwadi Group Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service |
Incorporated In the Year | 2012 | 1992 |
Number of branches across India | 1 | 1450 |
Exchanges | NSE, BSE, MCX, MCX-SX, NSEL | NSE, BSE, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹750 | ₹0 |
Trading Account Annual Maintenance Charges | ₹400 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹450 per year or ₹2500 for lifetime |
Transaction Charges | Achiievers Equities Transaction Charges | Marwadi Shares Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹15 per executed order OR ₹750 per month for Unlimited Trades | 0.3% |
Intraday Delivery | ₹15 per executed order OR ₹750 per month for Unlimited Trades | 0.06% |
Equity Futures | ₹15 per executed order OR ₹750 per month for Unlimited Trades | 0.02% |
Equity Options | ₹15 per executed order OR ₹750 per month for Unlimited Trades | ₹100 per lot |
Currency Futures | ₹15 per executed order OR ₹750 per month for Unlimited Trades | 0.02% |
Currency Options | ₹15 per executed order OR ₹750 per month for Unlimited Trades | ₹100 per lot |
Commodity | ₹15 per executed order OR ₹750 per month for Unlimited Trades | 0.02% |
Brokerage Calculator | Achiievers Equities Brokerage Calculator | Marwadi Group Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 5 times for Intraday, 0 for Delivery | Upto 10 times for Intraday, 2 times for Delivery |
Equity Futures | Upto 2 times | 2 times for Intraday |
Equity Options | NA | 4 times for Intraday |
Currency Futures | NA | 2 times for Intraday |
Currency Options | Upto 2 times | 4 times for Intraday |
Commodities | Upto 4 times | 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) | NOW Online, NOW Trader | ODIN Diet, NSE Now, Marwadi Trade Mobile App |
Complaints percentage | 0.26% | 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 Achiievers Equities for the benefits of other readers. Please feel free to share in the comments below.
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