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Market Wolf vs Zerodha (Compare Market Wolf and Zerodha)

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 Market Wolf vs Zerodha, Below comparison of Market Wolf vs Zerodha 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 Market Wolf vs Zerodha is given below:

Market Wolf

Zerodha

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	Market Wolf	Zerodha

About The Brokers	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	Zerodha : Zerodha is the innovator of the discount broking model in India, Infect, it brought the concept of discount broking in India and post that >>> more
Find More Information about the Broker :	Market Wolf : OVERVIEW BROKERAGE	Zerodha : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Market Wolf : Discount Broker	Zerodha : Discount Broker
Promo/offers	Market Wolf : N/A	Zerodha : Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.
Advantage	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.	Zerodha : No Brokerage on Equity delivery & Mutual Fund. Flat rate for stock trading. Own DP services. Strong Customer service . Good Brokerage & Margin Calculator. Offers up to 20x leverage on intraday trading. Offers most advanced online trading tools. Offers facility to apply on-line IPO . Zerodha offers referral program to its customers.
Disadvantage	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.	Zerodha : No margin funding. Very High charges on Call and Trade @ ₹50 per call. Charges on Funds Transfer @ ₹9 per fund transfer. Charges on SMS Tradw alerts.₹1 for Equity, F&O, and Currency trade alerts and ₹0.50 for Commodity Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer. Doesn't provide stock tips, research reports or recommendations. Doesn't offer Unlimited Trading Plans.
Why This	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.	Zerodha : Zerodha Charge flat rate of ₹20 per executed order. Zerodha does not charge any brokerage on Equity delivery transactions. Zerodha provides platform to invest in mutual funds. Innovative trading platform. No upfront fee, no minimum brokerage and no minimum contract charges. The largest stockbroker by active clients, market volume. Zero brokerage Direct Mutual Funds. Offers up to 20x leverage on intraday trading.
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Market Wolf vs Zerodha Account Opening & AMC Charges

Market Wolf Trading Account Opening Fee is ₹0 (Free) and Zerodha Trading Account Opening Fee is Rs 200 . Market Wolf Demat Account AMC is ₹0 (Free) and Zerodha Demat Account AMC is Rs 300 .

	Market Wolf	Zerodha
Trading Account Opening Fee	Trading Account Opening Fee : ₹0 (Free)	Trading Account Opening Fee : Rs 200
Demat Account Opening Fee	Demat Account Opening Fee : ₹0 (Free)	Demat Account Opening Fee : Rs 0
Demat Account AMC	Demat Account AMC : ₹0 (Free)	Demat Account AMC : Rs 300
Trading Account AMC	Trading Account AMC : ₹0 (Free)	Trading Account AMC : Rs 0 (Free)
	Open Account	Open Account

Market Wolf vs Zerodha Brokerage Charges

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) . Zerodha Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order .

	Market Wolf	Zerodha
Plan Name	Plan Name : Market Wolf default Brokerage Plan	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Delivery : Rs 0 (Free)
Equity Intraday	Equity Intraday : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Intraday : Rs 20 per executed order or .03% whichever is lower
Equity Future	Equity Future : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Future : Rs 20 per executed order or .03% whichever is lower
Equity Options	Equity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Options : Rs 20 per executed order
Currency Futures	Currency Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Currency Futures : Rs 20 per executed order or .03% whichever is lower
Currency Options	Currency Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Currency Options : Rs 20 per executed order or .03% whichever is lower
Monthly Fee	Monthly Fee : NA	Monthly Fee : -
Margin Trading	Margin Trading : NA	Margin Trading : Rs 20
Commodity Futures	Commodity Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Commodity Futures : Rs 20 per executed order or .03% whichever is lower
Commodity Options	Commodity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Commodity Options : Rs 20 per executed order or .03% whichever is lower
	Open Account	Open Account

Market Wolf vs Zerodha Exchange Transaction Charges

Market Wolf Exchange Transaction Charges Equity Future is NSE: 0.0019% and Equity Options is Rs 5000 per Cr (0.05%) (on premium) . Zerodha Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) .

	Market Wolf	Zerodha
Equity Delivery	Equity Delivery : NSE: 0.00325%	Equity Delivery : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE: 0.00325%	Equity Intraday : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE: 0.0019%	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : Rs 5000 per Cr (0.05%) (on premium)	Equity Options : NSE Rs 5050 per Cr (0.0505%) \| BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures *	Currency Futures : NSE: 0.0009% + Investor protection fund (0.037%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : Rs 4000 per Cr (0.04%) (on premium)	Currency Options : NSE Rs 3500 per Cr (0.035%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : Rs 260 per Cr (0.0026%)	Commodity : Group A - Rs 260 per Cr (0.0026%)
	Open Account	Open Account

Market Wolf vs Zerodha Other Charges

Market Wolf Minimum Brokerage is NA and Call & Trade is NA . Zerodha Minimum Brokerage is 0.03% in Intraday and F&O and Call & Trade is Rs 50 per executed order .

	Market Wolf	Zerodha
Minimum Brokerage	Minimum Brokerage : NA	Minimum Brokerage : 0.03% in Intraday and F&O
Call & Trade	Call & Trade : NA	Call & Trade : Rs 50 per executed order
Stamp Duty *	Stamp Duty : -	Stamp Duty : Delivery: 0.015%, Intraday: 0.003%,
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : ₹13.5 per scrip
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
	Open Account	Open Account

Market Wolf vs Zerodha Features

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

	Market Wolf	Zerodha
Trading Platform	Trading Platform : Mobile, WEB	Trading Platform : Kite Web, Kite Mobile for Android/iOS and Coin
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : No	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : No	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : Brokerage if Makes Profit	Unique features & Offers : -
Referral Program	Referral Program : Yes	Referral Program : 1
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
	Open Account	Open Account

Market Wolf vs Zerodha Demat Account Charges

A comparative table of various demat account charges between Market Wolf and Zerodha is below:

	Market Wolf	Zerodha
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹0 (Free)	Account Opening Fee : Rs 50 (Stamp charges payable upfront)
Advance Deposit	Advance Deposit : ₹0	Advance Deposit : Rs 0
AMC	AMC : ₹0 (Free)	AMC : Individuals/Non Individual (except Corporate) - Rs 300 + GST Non Individual - Corporate - Rs 1000
Dematerialisation Charges	Dematerialisation Charges : -	Dematerialisation Charges : Rs 150 per certificate (+ Rs 100 Courier charges)
Rematerialisation Charges	Rematerialisation Charges : -	Rematerialisation Charges : Rs 150 per certificate + CDSL charges + Rs 100 Courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : -	Transaction Charges (debit) : Rs 8 + Rs 5.5 (CDSL charges)
Pledge Creation Charges	Pledge Creation Charges : -	Pledge Creation Charges : Rs 30 per request + GST
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : Rs 0
Pledge Invocation Charges	Pledge Invocation Charges : -	Pledge Invocation Charges : Rs 20
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : Rs 50 per ISIN
Other Charges	Other Charges : -	Other Charges : Cheque Bounce: Rs 350 Physical Statement - Rs 50 (+Courier charges at actual) Modification in CML - Rs 25 per request KRA Upload / Download - Rs 50 per request Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.
	Open Account	Open Account

Market Wolf vs Zerodha Basic Details

Market Wolf Year of Incorporation is 2017 and Total Number of Clients is 201948 and Total Number of Branches is NA . Zerodha Year of Incorporation is 2010 and Total Number of Clients is 7223525 and Total Number of Branches is 22 .

	Market Wolf	Zerodha
Year of Incorporation	Year of Incorporation : 2017	Year of Incorporation : 2010
Active Exchange Memberships	Active Exchange Memberships : NSE and MCX	Active Exchange Memberships : NSE, BSE, MCX and NCDEX
Demat Services	Demat Services : CDSL	Demat Services : No
Website	Website : https://marketwolf.com/	Website : https://zerodha.com
Contact Details	Contact Details : +91 8591308916	Contact Details : 080-40402020
Total Number of Clients	Total Number of Clients : 201,948	Total Number of Clients : 7,223,525
Total Number of Branches	Total Number of Branches : NA	Total Number of Branches : 22
Products *	Products : Equity, Commodity, Currency, IPO	Products : Kite Web, Kite Mobile for Android/iOS and Coin
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Market Wolf vs Zerodha Orders

Orders

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

Market Wolf vs Zerodha Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Market Wolf	Zerodha
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : No
Comparison *	Comparison : No	Comparison : No
Free Tips *	Free Tips : No	Free Tips : No
Daily Market report *	Daily Market report : No	Daily Market report : No
ETF research *	ETF research : No	ETF research : No
Quarterly Results *	Quarterly Results : No	Quarterly Results : No
	Open Account	Open Account

Market Wolf vs Zerodha Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Market Wolf	Zerodha
Availability for franchisee / AP	Availability for franchisee / AP : NA	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : NA	Investment required for Franchisee / AP : Rs.11,000
	Open Account	Open Account

Market Wolf vs Zerodha Product & Services

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

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

Market Wolf vs Zerodha Customer Services

Market Wolf and Zerodha 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:

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

Market Wolf vs Zerodha Other Investement

Market Wolf and Zerodha 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:

	Market Wolf	Zerodha
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : No	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : No	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : No	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : No	Insurance Services : No
Banking Services *	Banking Services : No	Banking Services : No
	Open Account	Open Account

Market Wolf vs Zerodha Trading Platform

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

	Market Wolf	Zerodha
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : No	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : No	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : No	iPhone Mobile App : Yes
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	Open Account	Open Account