Check reviews of other Share brokers

Aditya Birla Money vs Market Wolf (Compare Aditya Birla Money and Market Wolf)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Aditya Birla Money vs Market Wolf, Below comparison of Aditya Birla Money vs Market Wolf highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Aditya Birla Money vs Market Wolf is given below:

Aditya Birla Money

Market Wolf

	Aditya Birla Money	Market Wolf

About The Brokers	Aditya Birla Money : "Aditya Birla Money Limited is the pioneer in the stock broking industry with the pan India existence and excellent research assistance available for their client. The >>> more	Market Wolf : "Market Wolf is an excellent platform for the newbie trader who is still learning to understand the market and can open Trading & Demat Account with Zero Account openi >>> more
Find More Information about the Broker :	Aditya Birla Money : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Market Wolf : OVERVIEW BROKERAGE
Type of Broker	Aditya Birla Money : Discount Broker	Market Wolf : Discount Broker
Promo/offers	Aditya Birla Money : N/A	Market Wolf : N/A
Advantage	Aditya Birla Money : Offer online IPO and mutual fund bidding No call and trade charge Offers portfolio trackers Award-winning research services Advisory services available from highly skilled staff 800+ branches and have the robust geographical presence	Market Wolf : Market Wolf offers free trading practices during the market trading hours without KYC verification. Thus, it is beneficial for novice traders to have knowledge about trading before starting investing in the stock market. The trader only pays 10% brokerage on profitable trade and zero brokerage on loss. Market Wolf accepts funds deposits via UPI, NEFT, RTGS, IMPS, Phonepe, GPay, and PayTM without any additional fees, and the trader allows users to deposit and withdraw funds from Market Wolf web and mobile app. There are 15+ charting styles to make the trading experience user-friendly, and the trader can set up up to 2 hours chart time frames to have better trading insight. Market Wolf offers a quick withdrawal process and the amount of credit within one business day. Market Wolf has inbuilt stop order features where the trader needs to set the percentage of the reward and risk (10%, 25%, 50% or 100%). The trade will be auto-squared off once the order crosses the predefined level. Market Wolf offers only high liquidity and quality stocks.
Disadvantage	Aditya Birla Money : In consistence online customer support. No 3-in-1 account facility available Less transparency in brokerage plans Minimum brokerage charges	Market Wolf : Market Wolf trading app is not available for iOS users. It is currently available only for Android users. The free practice session on the Market Wolf platform is only available on mobile applications and not on web browsers. Market Wolf charges flat 10% brokerage on profit which is costly. Market Wolf doesn’t offer a 3-in-1 account facility. It only provides a free trading account. Market Wolf doesn’t offer other services such as mutual funds, IPO, Bonds, FDs, etc., except stock trading. Stop Trade sessions on Market Wolf take time to end the session as once the trader clicks on the icon “stop trade,” the system re-confirms the decision, which takes extra seconds and may change the overall profit or loss transactions. Market Wolf has leveraged up to 100% profit which may cause loss of capital amount if the trader is still learning and doesn’t fully understand the trading mechanism. Market Wolf doesn’t have exact charges for STT, transaction charges, SEBI, and Stamp charges; the amount is auto calculated while the trader confirms the trading amount. It can be a hassle for a newbie trader to understand the costs. The trader can add up to 5 stocks to the wish list. Market Wolf Web is not available for trading. The trader requires to use the Market Wolf mobile application to perform trading. Market Wolf is not suitable for advanced traders. Though there is zero brokerage on loss trade, the trader needs to pay SEBI charges, Stamp Duty, Exchange fee, and GST even if he didn’t earn profit. Market Wolf doesn’t allow the trader to hold the stocks. The trades get auto squared off at the end of the day if it doesn't meet the profit or loss auto stop level. Market Wolf is not offering to trade on the BSE segment. Though Market Wolf offers 24/7 customer care service, some days they take 1-2 business days to reply to a query.
Why This	Aditya Birla Money : Aditya Birla Money Limited, full-service broker who provide 2-in-1 On-line trading account and is registered with SEBI, NSE, BSE, MCX-SX, NSDL, CSDL, MCX, NCDEX. No charges for trade on call Research by industrial expert Equity delivery trading is free. Pan India presence It offers portfolio tracker and is one stop solution to all the financial issues.	Market Wolf : Market Wolf is an excellent platform for the newbie trader who is still learning to understand the market with zero trading account opening and nil annual maintenance charges. Market Wolf offers real-time free practice trading sessions to all traders to ensure understanding of the trading mechanism before starting market trading. Market Wolf is developed with a risk management system offering a unique profit and stop-loss segment, helping manage the trading risks ensuring the trader never loses more than the percentage set in on a trade. Market Wolf charged brokerage only when the trader made a profit. Zero brokerage on losing the trade. Market Wolf offers minimum trading of INR 50 for Commodity and Currency trading, INR 100 for Indices trading, and INR 900 for stock trading. Market Wolf Android mobile application is developed with robust technology and a user-friendly interface, making it easier for beginners to understand trading quickly. Market Wolf e-KYC is power-packed with Legality, a digital execution of highly sensitive agreements. Market Wolf offers 24/7 customer care to all users via an in-app help center.

Aditya Birla Money vs Market Wolf Account Opening & AMC Charges

Aditya Birla Money Trading Account Opening Fee is Rs 750 and Market Wolf Trading Account Opening Fee is ₹0 (Free) . Aditya Birla Money Demat Account AMC is Rs 436 and Market Wolf Demat Account AMC is ₹0 (Free) .

	Aditya Birla Money	Market Wolf
Trading Account Opening Fee	Trading Account Opening Fee : Rs 750	Trading Account Opening Fee : ₹0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : Nil	Demat Account Opening Fee : ₹0 (Free)
Demat Account AMC	Demat Account AMC : Rs 436	Demat Account AMC : ₹0 (Free)
Trading Account AMC	Trading Account AMC : Nil	Trading Account AMC : ₹0 (Free)

Aditya Birla Money vs Market Wolf Brokerage Charges

Aditya Birla Money Brokerage Charges Equity Delivery is 20 and Equity Intraday is 20 and Equity Options is 20 . Market Wolf Brokerage Charges Equity Delivery is ₹0 brokerage if loss | 10% of GP(Profitable Trade) and Equity Intraday is ₹0 brokerage if loss | 10% of GP(Profitable Trade) and Equity Options is ₹0 brokerage if loss | 10% of GP(Profitable Trade) .

	Aditya Birla Money	Market Wolf
Plan Name	Plan Name : I-decide Plan	Plan Name : Market Wolf default Brokerage Plan
Equity Delivery	Equity Delivery : 20	Equity Delivery : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)
Equity Intraday	Equity Intraday : 20	Equity Intraday : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)
Equity Future	Equity Future : 20	Equity Future : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)
Equity Options	Equity Options : 20	Equity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)
Currency Futures	Currency Futures : 20	Currency Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)
Currency Options	Currency Options : 20	Currency Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)
Monthly Fee	Monthly Fee :	Monthly Fee : NA
Margin Trading	Margin Trading :	Margin Trading : NA
Commodity Futures	Commodity Futures :	Commodity Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)
Commodity Options	Commodity Options :	Commodity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)

Aditya Birla Money vs Market Wolf Exchange Transaction Charges

Aditya Birla Money Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . Market Wolf Exchange Transaction Charges Equity Future is NSE: 0.0019% and Equity Options is Rs 5000 per Cr (0.05%) (on premium) .

	Aditya Birla Money	Market Wolf
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE: 0.00325%
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE: 0.00325%
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE: 0.0019%
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : Rs 5000 per Cr (0.05%) (on premium)
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : NSE: 0.0009% + Investor protection fund (0.037%)
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : Rs 4000 per Cr (0.04%) (on premium)
Commodity	Commodity : MCX - Rs 300 per Cr (0.003%) \| NCDEX - Rs 400 per Cr (0.004%)	Commodity : Rs 260 per Cr (0.0026%)

Aditya Birla Money vs Market Wolf Other Charges

Aditya Birla Money Minimum Brokerage is Rs 20 per executed order and Call & Trade is Nil . Market Wolf Minimum Brokerage is NA and Call & Trade is NA .

	Aditya Birla Money	Market Wolf
Minimum Brokerage	Minimum Brokerage : Rs 20 per executed order	Minimum Brokerage : NA
Call & Trade	Call & Trade : Nil	Call & Trade : NA
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : ₹22.50 per scrip	DP Charges (on sell side) : -
Other Miscellaneous Charges	Other Miscellaneous Charges :	Other Miscellaneous Charges : -

Aditya Birla Money vs Market Wolf Features

Aditya Birla Money and Market Wolf both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Aditya Birla Money	Market Wolf
Trading Platform	Trading Platform : Etrade, Advanced web, Mobile invest	Trading Platform : Mobile, WEB
Placing orders through charts	Placing orders through charts : Yes	Placing orders through charts : -
Trading Alerts	Trading Alerts : Yes	Trading Alerts : No
Research and Advice / Trading Tips	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : No
Unique features & Offers	Unique features & Offers :	Unique features & Offers : Brokerage if Makes Profit
Referral Program	Referral Program : 0	Referral Program : Yes
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : No
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) :	Margin Against Shares (Equity F&O) : No

Aditya Birla Money vs Market Wolf Demat Account Charges

A comparative table of various demat account charges between Aditya Birla Money and Market Wolf is below:

	Aditya Birla Money	Market Wolf
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Rs 750	Account Opening Fee : ₹0 (Free)
Advance Deposit	Advance Deposit : Rs 1500 (Lifetime AMC Scheme)	Advance Deposit : ₹0
AMC	AMC : Normal Scheme: â‚¹450 p.a. for Individuals and for Corporates â‚¹1000 p.a. Basic Service Demat Account (BSDA) Account: Nil for holding below â‚¹50,000, Holding from â‚¹50,001 to â‚¹200,000 AMC of â‚¹100 p.a., Holding above â‚¹200,000 will be charge as applicable to Normal Demat Account. Lifetime AMC Scheme (â‚¹1500 one time): Nil	AMC : ₹0 (Free)
Dematerialisation Charges	Dematerialisation Charges : Normal Scheme: Rs 5 per certificate plus Rs 50 courier charges. BSDA Account: Rs 25 per certificate plus Rs 50 courier charges.	Dematerialisation Charges : -
Rematerialisation Charges	Rematerialisation Charges : Normal Scheme: A flat fee of Rs 15 per certificate or Rs 15 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges. BSDA Account: A flat fee of Rs 25 per certificate or Rs 25 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges.	Rematerialisation Charges : -
Transaction Charges (Credit)	Transaction Charges (Credit) :	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : Market Transactions within Aditya Birla Money POW (Both Market / Off Market): Normal Scheme: â‚¹30 per ISIN Lifetime AMC Scheme: â‚¹20 per ISIN BSDA Account: â‚¹75 per ISINÂ (Market /Off Market) For External Broker: Normal Scheme: â‚¹30 or 0.03% on value of securities whichever is higher Lifetime AMC Scheme: â‚¹30 or 0.03% on value of securities whichever is higher BSDA Account: Â Minimum â‚¹75 per ISIN or 0.05% on value of securities whichever is higher.	Transaction Charges (debit) : -
Pledge Creation Charges	Pledge Creation Charges : Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)	Pledge Creation Charges : -
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)	Pledge Creation Confirmation Charges : -
Pledge Invocation Charges	Pledge Invocation Charges : Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)	Pledge Invocation Charges : -
Failed Instruction Charges	Failed Instruction Charges :	Failed Instruction Charges : -
Other Charges	Other Charges : Rs 50 for re-issuance of DIS Booklet.	Other Charges : -

Aditya Birla Money vs Market Wolf Basic Details

Aditya Birla Money Year of Incorporation is 1994 and Total Number of Clients is 74655 and Total Number of Branches is 800 . Market Wolf Year of Incorporation is 2017 and Total Number of Clients is 201948 and Total Number of Branches is NA .

	Aditya Birla Money	Market Wolf
Year of Incorporation	Year of Incorporation : 1994	Year of Incorporation : 2017
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : NSE and MCX
Demat Services	Demat Services : No	Demat Services : CDSL
Website	Website : https://www.adityabirlamoney.com	Website : https://marketwolf.com/
Contact Details	Contact Details : 18003002999	Contact Details : +91 8591308916
Total Number of Clients	Total Number of Clients : 74,655	Total Number of Clients : 201,948
Total Number of Branches	Total Number of Branches : 800	Total Number of Branches : NA
Products *	Products : -	Products : Equity, Commodity, Currency, IPO

Aditya Birla Money vs Market Wolf Orders

Orders

	Aditya Birla Money	Market Wolf
Cover Orders (CO)	Cover Orders (CO) : No	Cover Orders (CO) : -
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : -
After Market Orders (AMO)	After Market Orders (AMO) : No	After Market Orders (AMO) : -
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : No	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes

Aditya Birla Money vs Market Wolf Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Aditya Birla Money	Market Wolf
Equity Trading Recommendation *	Equity Trading Recommendation : -	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : -	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : -	Recommendation basis risk Profile : No
Comparison *	Comparison : -	Comparison : No
Free Tips *	Free Tips : Yes	Free Tips : No
Daily Market report *	Daily Market report : Yes	Daily Market report : No
ETF research *	ETF research : -	ETF research : No
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : No

Aditya Birla Money vs Market Wolf Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Aditya Birla Money	Market Wolf
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : NA
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.1,00,000	Investment required for Franchisee / AP : NA

Aditya Birla Money vs Market Wolf Product & Services

Aditya Birla Money and Market Wolf both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Aditya Birla Money	Market Wolf
Delivery Based Trading *	Delivery Based Trading : -	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	Margin Trading : NA
Call N Trade *	Call N Trade : -	Call N Trade : NA
Trading in Both the exchanges *	Trading in Both the exchanges : -	Trading in Both the exchanges : NSE ONLY
Limit Order *	Limit Order : -	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : -	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : Yes	NRI Services : No
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : -	Offers Multiple Plan : No
IPO Investment *	IPO Investment : -	IPO Investment : No
Portfolio Analysis *	Portfolio Analysis : -	Portfolio Analysis : No
Advanced Charting Features *	Advanced Charting Features : -	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : -	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : -	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : -	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : -	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : -	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : -	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : -	Market Trading : No
Monthly & Yearly Plan *	Monthly & Yearly Plan : -	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : -	Aumtomated Trading : No

Aditya Birla Money vs Market Wolf Customer Services

Aditya Birla Money and Market Wolf both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Aditya Birla Money	Market Wolf
Toll Free Number *	Toll Free Number : -	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : -	Live Chat Facility : Yes
Email Facility *	Email Facility : -	Email Facility : Yes
Branch Offices *	Branch Offices : -	Branch Offices : No
Customer Care *	Customer Care : -	Customer Care : Info Not Available
Community Service *	Community Service : -	Community Service : No
Relationship Manager *	Relationship Manager : -	Relationship Manager : No
24/7 Support *	24/7 Support : -	24/7 Support : Yes

Aditya Birla Money vs Market Wolf Other Investement

Aditya Birla Money and Market Wolf both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Aditya Birla Money	Market Wolf
Commodity Trading *	Commodity Trading : -	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : -	Investment in ETFs : No
Investment in Mutual Funds *	Investment in Mutual Funds : -	Investment in Mutual Funds : No
Investment in Bonds *	Investment in Bonds : -	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : -	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : -	Insurance Services : No
Banking Services *	Banking Services : -	Banking Services : No

Aditya Birla Money vs Market Wolf Trading Platform

Aditya Birla Money and Market Wolf both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Aditya Birla Money	Market Wolf
Web Platform *	Web Platform : -	Web Platform : Yes
Android Mobile App *	Android Mobile App : -	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : -	Desktop Windows : No
Desktop Mac *	Desktop Mac : -	Desktop Mac : No
I-Pad App *	I-Pad App : -	I-Pad App : No
Virtual Trading *	Virtual Trading : -	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : -	iPhone Mobile App : No
Contact Now