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Groww vs Marwadi Group (Compare Groww 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 Groww vs Marwadi Group, Below comparison of Groww 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 Groww vs Marwadi Group is given below:

Groww Marwadi Group
About The Brokers
Groww :

"Groww is one of India's fastest-growing platforms and undoubtedly the best platform for brokerage-free Direct mutual funds investment. They have a strong customer bas   >>> 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 :
Groww :
OVERVIEW BROKERAGE PRODUCTS & SERVICES
Marwadi Group :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Groww :
 Discount Broker
Marwadi Group :
 Full Service Broker
Promo/offers
Groww :
N/A
Marwadi Group :
N/A
Advantage
Groww :
  •  Free research services
  •  No DP charges on buy & low brokerage.
  •  Commission Free mutual fund investment
  •  Free Demat & Trading account, No charges on account opening
  •  Zero Clearing Charges
  •  Zero Demat AMC Charges
  •  Option to invest online in gold etfs, SGBs & gold funds
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
Groww :
  •  Does not provide a 3in1 account facility.
  •  Does not provide commodity Trading
  •  Does not provide trading options: Bracket, GTT orders, etc
  •  does not provide Margin trading facility
  •  No Call and Trade services
  •  No Margin against shares
  •  Does not offer NRI Trading
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
Groww :
  •  Groww charge Rs.20 per executed order or 0.05% of order value (whichever is lower) for delivery trade.
  •  Equity intraday trade at Rs. 20 or 0.05% (whichever is lower)
  •  Groww provides mutual funds investment at Zero Fees, No transaction charges,
  •  100% paperless online Demat account opening
  •  128 bit SSL Encryption
  •  Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost
  •  No DP charges on buy.
  •  Highly rated Groww mobile App
  •  Facility to invest in US Stocks
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

Groww vs Marwadi Group Account Opening & AMC Charges

Groww Trading Account Opening Fee is Rs 0 and - . Groww Demat Account AMC is Rs 0 and - .

Groww Marwadi Group
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0

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 0

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

Rs 0

Trading Account AMC : -

Groww vs Marwadi Group Brokerage Charges

Groww Brokerage Charges Equity Delivery is Rs 20 per executed order or 0.05% whichever is lower and Equity Intraday is Rs 20 per executed order or 0.05% whichever is lower and Equity Options is Rs 20 per executed order . Marwadi Group Brokerage Charges

Groww Marwadi Group
Plan Name Plan Name :

Basic Plan

-
Equity Delivery Equity Delivery :

Rs 20 per executed order or 0.05% whichever is lower

-
Equity Intraday Equity Intraday :

Rs 20 per executed order or 0.05% whichever is lower

-
Equity Future Equity Future :

Rs 20 per executed order

-
Equity Options Equity Options :

Rs 20 per executed order

-
Currency Futures Currency Futures :

NA

-
Currency Options Currency Options :

NA

-
Monthly Fee Monthly Fee :

NA

-
Margin Trading Margin Trading : - -
Commodity Futures Commodity Futures :

NA

-
Commodity Options Commodity Options :

NA

-

Groww vs Marwadi Group Exchange Transaction Charges

Groww Exchange Transaction Charges Equity Future is NSE: 002% and Equity Options is NSE: 0.053% on premium . Marwadi Group Exchange Transaction Charges - and - .

Groww Marwadi Group
Equity Delivery Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Delivery : -
Equity Intraday Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Intraday : -
Equity Future * Equity Future :

NSE: 002%

Equity Future : -
Equity Options * Equity Options :

NSE: 0.053% on premium

Equity Options : -
Currency Futures * Currency Futures :

NA

Currency Futures : -
Currency Options Currency Options :

NA

Currency Options : -
Commodity Commodity :

NA

Commodity : -

Groww vs Marwadi Group Other Charges

Groww Minimum Brokerage is Rs 20 or 0.05% per executed order and Call & Trade is NA . Marwadi Group and .

Groww Marwadi Group
Minimum Brokerage Minimum Brokerage :

Rs 20 or 0.05% per executed order

Minimum Brokerage : -
Call & Trade Call & Trade :

NA

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

₹8 + ₹5.50 (CDSL Charges) per ISIN

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

Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50

Other Miscellaneous Charges : -

Groww vs Marwadi Group Features

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

Groww Marwadi Group
Trading Platform Trading Platform :

Groww

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

No

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 : - 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


Groww vs Marwadi Group Demat Account Charges

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

Groww Marwadi Group
Depository Service Provider Depository Service Provider :

CDSL

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

Rs 0 (Free)

Account Opening Fee : -
Advance Deposit Advance Deposit :

Rs 0

Advance Deposit : -
AMC AMC :

Rs 0 (Free)

AMC : -
Dematerialisation Charges Dematerialisation Charges :

Rs 150 per certificate + courier charges

Dematerialisation Charges : -
Rematerialisation Charges Rematerialisation Charges :

Rs 150 per certificate + courier charges

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

Rs 8 + Rs 5.50 (CDSL Charges) per ISIN

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

Rs 20 + Rs 12 per request (CDSL Charges)

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

Rs 20

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

Rs 50 per ISIN

Failed Instruction Charges : -
Other Charges Other Charges :

KYC Modification: Rs 50

Other Charges : -

Groww vs Marwadi Group Basic Details

Groww Year of Incorporation is 2016 and Total Number of Clients is 4268383 and . Marwadi Group and Total Number of Clients is 128536 and .

Groww Marwadi Group
Year of Incorporation Year of Incorporation :

2016

Year of Incorporation : -
Active Exchange Memberships Active Exchange Memberships :

NSE and BSE

Active Exchange Memberships : -
Demat Services Demat Services :

No

Demat Services : -
Website Website : https://groww.in/ Website : -
Contact Details Contact Details : - Contact Details : -
Total Number of Clients Total Number of Clients :

4,268,383

Total Number of Clients :

128,536

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

GROWW MOBILE APP

Products : -

Groww vs Marwadi Group Orders

Orders

Groww Marwadi Group
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) :

Yes

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) :

No

Good Till Cancelled (GTC) :

Yes


Groww vs Marwadi Group Research and Advice / Trading Tips

Research and Advice / Trading Tips

Groww 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 :

No

Daily Market report : -
ETF research * ETF research :

No

ETF research : -
Quarterly Results * Quarterly Results :

No

Quarterly Results : -

Groww vs Marwadi Group Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Groww Marwadi Group
Availability for franchisee / AP Availability for franchisee / AP :

NA

Availability for franchisee / AP : -
Investment required for Franchisee / AP Investment required for Franchisee / AP :

NA

Investment required for Franchisee / AP : -

Groww vs Marwadi Group Product & Services

Groww 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:

Groww Marwadi Group
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading : -
Margin Trading * Margin Trading :

No

Margin Trading : -
Call in Trade * Call in Trade :

NA

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

Yes

Trading in Both the exchanges : -
Limit Order * Limit Order :

Yes

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 :

Yes

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

No

Offers Multiple Plan : -
IPO Investment * IPO Investment :

YES

IPO Investment : -
Portfolio Analysis * Portfolio Analysis :

NO

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

No

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 :

No

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

No

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

No

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 :

No

Aumtomated Trading : -

Groww vs Marwadi Group Customer Services

Groww 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:

Groww 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 :

No

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 : -

Groww vs Marwadi Group Other Investement

Groww 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:

Groww Marwadi Group
Commodity Trading * Commodity Trading :

No

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 :

No

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

No

Insurance Services : -
Banking Services * Banking Services :

No

Banking Services : -

Groww vs Marwadi Group Trading Platform

Groww 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:

Groww Marwadi Group
Web Platform * Web Platform :

Yes

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

Yes

Android Mobile App : -
Desktop Windows * Desktop Windows :

No

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 : -
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