Marwadi Shares Vs Yes Securities – Share Brokers Comparison
Marwadi Shares Vs Yes Securities
Here is a point by point comparison of Marwadi Shares Vs Yes Securities. 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. Yes Securities, a bank based full service stock broker, was established in 2013 and has its headquarters in Mumbai. The broker offers free demat and trading account, provides tips and research to its clients at a reasonable brokerage percentage based rate.
Full service brokers such as Marwadi Shares or Yes Securities 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 Yes Securities 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
Marwadi Group Review | Yes Securities Review | |
OVERVIEW | ||
Broker Type | Full Service | Full Service Broker |
Incorporated In the Year | 1992 | 2013 |
Number of branches across India | 1450 | 52 |
Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE |
ACCOUNT CHARGES | ||
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 | ₹500 |
Transaction Charges | Marwadi Shares Transaction Charges | Yes Securities Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% | 0.45% or ₹25 whichever is higher |
Intraday Delivery | 0.06% | 0.05% |
Equity Futures | 0.02% | 0.05% |
Equity Options | ₹100 per lot | ₹75 per lot |
Currency Futures | 0.02% | 0.05% |
Currency Options | ₹100 per lot | ₹75 per lot |
Commodity | 0.02% | NA |
Brokerage Calculator | Marwadi Group Brokerage Calculator | Yes Securities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday, 2 times for Delivery | Intraday upto 5 times |
Equity Futures | 2 times for Intraday | Upto 3 times for intraday |
Equity Options | 4 times for Intraday | Buying No Leverage, Shorting upto 3 times for Intraday |
Currency Futures | 2 times for Intraday | Upto 2 times for intraday |
Currency Options | 4 times for Intraday | Buying No Leverage, Shorting upto 3 times for Intraday |
Commodities | 2 times for Intraday | NA |
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 | Yes Web, Mobile App |
Complaints percentage | 0.01% | 0.09% |
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 Yes Securities for the benefits of other readers. Please feel free to share in the comments below.
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