• Top Stock Brokers in India ‐ Reviews, Comparison and Offers
Check reviews of other Share brokers

Alice Blue vs Marwadi Group (Compare Alice Blue and Marwadi Group)

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 Alice Blue vs Marwadi Group, Below comparison of Alice Blue vs Marwadi Group 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 Alice Blue vs Marwadi Group is given below:

Alice Blue Marwadi Group
About The Brokers
Alice Blue :

"Started in 2006, Alice Blue provides Stock & Commodity trading at the lowest brokerage fee and has a network of 17 branches located in major cities along with more th   >>> more

Marwadi Group :

"Marwadi Shares and Finance Limited was established in 1992 under the leadership of Marwadi brothers in the western state of India ‐ Gujarat. The financial compan   >>> more

Find More Information about the Broker :
Alice Blue :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Marwadi Group :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Alice Blue :
 Discount Broker
Marwadi Group :
 Full Service Broker
Promo/offers
Alice Blue :
Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.
Marwadi Group :
N/A
Advantage
Alice Blue :
  •  Free Delivery Trade
  •  Lowest Brokerage charges on Intrady & F&O at Rs 15 Per Trade.
  •  commission Free mutual fund investment
  •  Free Trading & Demate account opening
  •  Instant digital account opening
  •  No minimum brokerage. No minimum commitment. No Prepaid Plans.
  •  ANT Trading Software is available for free to all its customers.
  •  The daily market report is available for free to all customers.
  •  Free API for Algo trading.
  •  Up to 10 times exposure on Equity via Bracket Order..
Marwadi Group :
  • Multiple financial products available including IPO investment
  • Multiple brokerage plans available
  • Advance charting and various calculators are available
  • Pan India presence through physical offices and sub-brokers
  • A good number of years of experience in the financial industry as the company was established in 1992
  • 25 years of steady growth
Disadvantage
Alice Blue :
  •  Does not provide a 3in1 account facility.
  •  Does not provide trading options: GTC (Good Till Cancelled) & GTT orders
  •  Do not Offer NRI Trading
  •  3rd party trading tools are not free and charge a subscription fee.
  •  Online IPO, NCD, and Corporate bonds are not available.
  •  Broker-assisted trades (Call & Trade) are available at an extra Rs 20 per executed order.
Marwadi Group :
  • They are not transparent when it comes to revealing brokerages
  • No online chat support or email support
  • Majorly limited to Gujarat region
Why This
Alice Blue :
  •  Free Delivery Trade, Alice Blue does not charge any brokerage on Delivery trade.
  •  They offer Equity intraday trade at ₹15 or 0.01% (whichever is lower)
  •  Alice Blue provides mutual funds investment at Zero Commission, No transaction charges,
  •  100% paperless online Demat account opening
  •  Advanced Trading Tools- ANT Meta and , ANT Scanner. and other 3rd party tools.
  •  Free trading software's to all its customers.
  •  Trade School an online resource for learning investment concepts and trading skills.
  •  Experience trust of over 20 years as a full-service broker.
  •  Advanced charts and other options like cover order,bracket order and Aftermarket order (AMO) are available
  •  Provides Brokerage & Margin Calculator
Marwadi Group :
  • Strong presence in its birth state ‐ Gujarat.
  • Multiple financial products available.
  • Excel in providing research support through dedicated research cell called "Habit" and other charting facility.
  • Pan India physical presence through sub-brokers/ authorized persons and physical branches
  • Their clients trade through multiple online trading platforms
Open Account

Alice Blue vs Marwadi Group Account Opening & AMC Charges

Alice Blue Trading Account Opening Fee is Rs 150 and - . Alice Blue Demat Account AMC is Rs 400 and - .

Alice Blue Marwadi Group
Trading Account Opening Fee Trading Account Opening Fee :

Rs 150

Trading Account Opening Fee : -
Demat Account Opening Fee Demat Account Opening Fee :

Rs 0

Demat Account Opening Fee : -
Demat Account AMC Demat Account AMC :

Rs 400

Demat Account AMC : -
Trading Account AMC Trading Account AMC :

Rs 0

Trading Account AMC : -

Alice Blue vs Marwadi Group Brokerage Charges

Alice Blue Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 15 per order or 0.05% whichever is lower and Equity Options is Rs 15 per order . Marwadi Group Brokerage Charges

Alice Blue Marwadi Group
Plan Name Plan Name :

Freedom Plan (F15)

-
Equity Delivery Equity Delivery :

Rs 0 (Free)

-
Equity Intraday Equity Intraday :

Rs 15 per order or 0.05% whichever is lower

-
Equity Future Equity Future :

Rs 15 per order or 0.05% whichever is lower

-
Equity Options Equity Options :

Rs 15 per order

-
Currency Futures Currency Futures :

Rs 15 per order or 0.05% whichever is lower

-
Currency Options Currency Options :

Rs 15 per order

-
Monthly Fee Monthly Fee : - -
Margin Trading Margin Trading : - -
Commodity Futures Commodity Futures :

Rs 15 per order or 0.05% whichever is lower

-
Commodity Options Commodity Options :

Rs 15 per order

-

Alice Blue vs Marwadi Group Exchange Transaction Charges

Alice Blue 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) . Marwadi Group Exchange Transaction Charges - and - .

Alice Blue Marwadi Group
Equity Delivery Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)

Equity Delivery : -
Equity Intraday Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)

Equity Intraday : -
Equity Future * Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 0

Equity Future : -
Equity Options * Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)

Equity Options : -
Currency Futures * Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)

Currency Futures : -
Currency Options Currency Options :

NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)

Currency Options : -
Commodity Commodity :

Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)

Commodity : -

Alice Blue vs Marwadi Group Other Charges

Alice Blue Minimum Brokerage is Rs 0 and Call & Trade is Rs 20 per executed order . Marwadi Group and .

Alice Blue Marwadi Group
Minimum Brokerage Minimum Brokerage :

Rs 0

Minimum Brokerage : -
Call & Trade Call & Trade :

Rs 20 per executed order

Call & Trade : -
Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹15 per transaction

DP Charges (on sell side) : -
Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges : -

Alice Blue vs Marwadi Group Features

Alice Blue and Marwadi Group both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

Alice Blue Marwadi Group
Trading Platform Trading Platform :

Front End: ANT | Back End: Omnesys NEST

Trading Platform : -
Placing orders through charts Placing orders through charts :

Yes

Placing orders through charts : -
Trading Alerts Trading Alerts :

Yes

Trading Alerts : -
Research and Advice / Trading Tips Research and Advice / Trading Tips :

No

Research and Advice / Trading Tips : -
Detailed Education Initiatives Detailed Education Initiatives :

No

Detailed Education Initiatives : -
Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program :

1

Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

No

Margin Against Shares (Equity F&O) :

Yes


Alice Blue vs Marwadi Group Demat Account Charges

A comparative table of various demat account charges between Alice Blue and Marwadi Group is below:

Alice Blue Marwadi Group
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider : -
Account Opening Fee Account Opening Fee :

₹0

Account Opening Fee : -
Advance Deposit Advance Deposit :

₹0

Advance Deposit : -
AMC AMC :

₹400 per year

AMC : -
Dematerialisation Charges Dematerialisation Charges :

₹10 per certificate + ₹50 per request

Dematerialisation Charges : -
Rematerialisation Charges Rematerialisation Charges :

₹30 per request + CDSL Fee + ₹10 per 100 securities

Rematerialisation Charges : -
Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

0.04% of the value of the transaction (minimum ₹20)

Transaction Charges (debit) : -
Pledge Creation Charges Pledge Creation Charges :

0.04% of the value of the transaction (minimum ₹40)

Pledge Creation Charges : -
Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

₹0

Pledge Creation Confirmation Charges : -
Pledge Invocation Charges Pledge Invocation Charges :

0.04% of the value of the transaction (minimum ₹40)

Pledge Invocation Charges : -
Failed Instruction Charges Failed Instruction Charges : - Failed Instruction Charges : -
Other Charges Other Charges :

  • Power of Attorney (PoA): ₹150
  • Courier Charges: ₹100 per request
  • Additional DIS Booklet: ₹100 per booklet

Other Charges : -

Alice Blue vs Marwadi Group Basic Details

Alice Blue and Total Number of Clients is 163460 and . Marwadi Group and Total Number of Clients is 126599 and .

Alice Blue Marwadi Group
Year of Incorporation Year of Incorporation : - Year of Incorporation : -
Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX

Active Exchange Memberships : -
Demat Services Demat Services :

No

Demat Services : -
Website Website : www.aliceblueonline.com Website : -
Contact Details Contact Details :

080-61575500|080-45490850

Contact Details : -
Total Number of Clients Total Number of Clients :

163,460

Total Number of Clients :

126,599

Total Number of Branches Total Number of Branches : - Total Number of Branches : -
Products * Products :

Mutual Fund, Equity, Currency & Commodity

Products : -

Alice Blue vs Marwadi Group Orders

Orders

Alice Blue Marwadi Group
Cover Orders (CO) Cover Orders (CO) :

Yes

Cover Orders (CO) : -
Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) : -
After Market Orders (AMO) After Market Orders (AMO) :

Yes

After Market Orders (AMO) : -
Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

Yes

Sell Today Buy Tomorrow (STBT) :

Yes

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

Yes


Alice Blue vs Marwadi Group Research and Advice / Trading Tips

Research and Advice / Trading Tips

Alice Blue Marwadi Group
Equity Trading Recommendation * Equity Trading Recommendation :

No

Equity Trading Recommendation : -
Equity Investment Recommendation * Equity Investment Recommendation :

No

Equity Investment Recommendation : -
Recommendation basis risk Profile * Recommendation basis risk Profile :

No

Recommendation basis risk Profile : -
Comparison * Comparison :

No

Comparison : -
Free Tips * Free Tips :

No

Free Tips : -
Daily Market report * Daily Market report :

Yes

Daily Market report : -
ETF research * ETF research :

No

ETF research : -
Quarterly Results * Quarterly Results :

No

Quarterly Results : -

Alice Blue vs Marwadi Group Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Alice Blue Marwadi Group
Availability for franchisee / AP Availability for franchisee / AP : - Availability for franchisee / AP : -
Investment required for Franchisee / AP Investment required for Franchisee / AP : - Investment required for Franchisee / AP : -

Alice Blue vs Marwadi Group Product & Services

Alice Blue and Marwadi Group both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

Alice Blue Marwadi Group
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading : -
Margin Trading * Margin Trading :

No

Margin Trading : -
Call N Trade * Call N Trade :

Yes

Call N Trade : -
Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges : -
Limit Order * Limit Order : - Limit Order : -
3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account : -
NRI Services * NRI Services :

No

NRI Services : -
SMS Alerts * SMS Alerts :

No

SMS Alerts : -
Offers Multiple Plan * Offers Multiple Plan :

No

Offers Multiple Plan : -
IPO Investment * IPO Investment :

No

IPO Investment : -
Portfolio Analysis * Portfolio Analysis :

No

Portfolio Analysis : -
Advanced Charting Features * Advanced Charting Features :

Yes

Advanced Charting Features : -
Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator : -
Margin Calculator * Margin Calculator :

Yes

Margin Calculator : -
Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order : -
Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

Yes

Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading * Equity Future & Option Trading :

Yes

Equity Future & Option Trading : -
Currency Future & Option Trading * Currency Future & Option Trading :

Yes

Currency Future & Option Trading : -
Market Trading * Market Trading :

Yes

Market Trading : -
Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan : -
Aumtomated Trading * Aumtomated Trading :

Yes

Aumtomated Trading : -

Alice Blue vs Marwadi Group Customer Services

Alice Blue and Marwadi Group 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:

Alice Blue Marwadi Group
Toll Free Number * Toll Free Number :

No

Toll Free Number : -
Live Chat Facility * Live Chat Facility :

No

Live Chat Facility : -
Email Facility * Email Facility :

Yes

Email Facility : -
Branch Offices * Branch Offices :

Yes

Branch Offices : -
Customer Care * Customer Care :

No

Customer Care : -
Community Service * Community Service :

No

Community Service : -
Relationship Manager * Relationship Manager :

No

Relationship Manager : -
24/7 Support * 24/7 Support :

No

24/7 Support : -

Alice Blue vs Marwadi Group Other Investement

Alice Blue and Marwadi Group 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:

Alice Blue Marwadi Group
Commodity Trading * Commodity Trading :

Yes

Commodity Trading : -
Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs : -
Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds : -
Investment in Bonds * Investment in Bonds :

No

Investment in Bonds : -
Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

Yes

Investment in Corporate Debt instruments : -
Insurance Services * Insurance Services :

No

Insurance Services : -
Banking Services * Banking Services :

No

Banking Services : -

Alice Blue vs Marwadi Group Trading Platform

Alice Blue and Marwadi Group both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

Alice Blue Marwadi Group
Web Platform * Web Platform :

Yes

Web Platform : -
Android Mobile App * Android Mobile App :

Yes

Android Mobile App : -
Desktop Windows * Desktop Windows :

Yes

Desktop Windows : -
Desktop Mac * Desktop Mac :

No

Desktop Mac : -
I-Pad App * I-Pad App :

Yes

I-Pad App : -
Virtual Trading * Virtual Trading :

No

Virtual Trading : -
iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App : -
Contact Now

User Reviews

Post New Message
0  Comments
- - -   Compare More Brokers   - - -
Alice BlueMarwadi Group
 Alice Blue vs Zerodha
 Alice Blue vs Share.Market
 Alice Blue vs Upstox
 Alice Blue vs Angel One
 Alice Blue vs ProStocks
 Alice Blue vs Paytm Money
 Alice Blue vs Fyers
 Alice Blue vs 5paisa
 Alice Blue vs BlinkX
 Alice Blue vs TradeSmart
 Alice Blue vs SAS Online
 Alice Blue vs TradePlus
 Alice Blue vs SAMCO
 Alice Blue vs Aditya Birla Money
 Alice Blue vs Edelweiss
 Alice Blue vs Sharekhan
 Alice Blue vs IIFL
 Alice Blue vs Anand Rathi
 Alice Blue vs ICICI Direct
 Alice Blue vs Axis Direct
 Alice Blue vs HDFC Securities
 Alice Blue vs Marwadi Group
 Alice Blue vs Motilal Oswal
 Alice Blue vs Religare Broking
 Alice Blue vs SMC Global
 Alice Blue vs Kotak Securities
 Alice Blue vs Geojit BNP Paribas
 Alice Blue vs Groww
 Alice Blue vs Dhani Stocks
 Alice Blue vs FINVASIA
 Alice Blue vs Market Wolf
 Alice Blue vs SBICAP Securities
 Marwadi Group vs Zerodha
 Marwadi Group vs Share.Market
 Marwadi Group vs Upstox
 Marwadi Group vs Angel One
 Marwadi Group vs ProStocks
 Marwadi Group vs Paytm Money
 Marwadi Group vs Fyers
 Marwadi Group vs 5paisa
 Marwadi Group vs BlinkX
 Marwadi Group vs TradeSmart
 Marwadi Group vs SAS Online
 Marwadi Group vs TradePlus
 Marwadi Group vs SAMCO
 Marwadi Group vs Alice Blue
 Marwadi Group vs Aditya Birla Money
 Marwadi Group vs Edelweiss
 Marwadi Group vs Sharekhan
 Marwadi Group vs IIFL
 Marwadi Group vs Anand Rathi
 Marwadi Group vs ICICI Direct
 Marwadi Group vs Axis Direct
 Marwadi Group vs HDFC Securities
 Marwadi Group vs Motilal Oswal
 Marwadi Group vs Religare Broking
 Marwadi Group vs SMC Global
 Marwadi Group vs Kotak Securities
 Marwadi Group vs Geojit BNP Paribas
 Marwadi Group vs Groww
 Marwadi Group vs Dhani Stocks
 Marwadi Group vs FINVASIA
 Marwadi Group vs Market Wolf
 Marwadi Group vs SBICAP Securities