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

IIFL

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Marwadi Group

	IIFL	Marwadi Group

About The Brokers	IIFL : "IIFL is the renowned stockbroker who provides various financial products to its customers at nominal brokerage. They have an excellent online presence and protect you >>> 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 :	IIFL : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Marwadi Group : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	IIFL : Full Service Broker	Marwadi Group : Full Service Broker
Promo/offers	IIFL : Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.	Marwadi Group : N/A
Advantage	IIFL : Offer online IPO and Equity SIP 1900+ branches all over India & have a global presence Trading facility to NRIs is provided Provide multiple broking plans IIFL Trade terminal is one of the best trading terminal in India Offer Commodity Trading & Investment facility in Mutual funds & IPO	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	IIFL : Scope improvement is there in customer support. Provides only 2-in-1 account facility Less transparency in brokerage plans High brokerage. Minimum Brokerage charges	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	IIFL : Full-service broker who provide 2-in-1 On-line trading account to Indian as well as NRIs present all over the world. Provide IPO service and equity SIP also Amongst top 10 stock brokers in India Best rated mobile Trading Platforms with >1.9m download. Have branches all over India. Approx 1900+ Branches They provide multiple brokerage plans All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O Offer NRI Trading.	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
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IIFL vs Marwadi Group Account Opening & AMC Charges

IIFL Trading Account Opening Fee is Rs 0 (Free) and - . IIFL Demat Account AMC is Rs 250 (Free for 1st year) and - .

	IIFL	Marwadi Group
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	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 250 (Free for 1st year)	Demat Account AMC : -
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : -

IIFL vs Marwadi Group Brokerage Charges

IIFL Brokerage Charges Equity Delivery is Rs 20 per order and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order . Marwadi Group Brokerage Charges

	IIFL	Marwadi Group
Plan Name	Plan Name : Standard Plan	-
Equity Delivery	Equity Delivery : Rs 20 per order	-
Equity Intraday	Equity Intraday : Rs 20 per order	-
Equity Future	Equity Future : Rs 20 per order	-
Equity Options	Equity Options : Rs 20 per order	-
Currency Futures	Currency Futures : Rs 20 per order	-
Currency Options	Currency Options : Rs 20 per order	-
Monthly Fee	Monthly Fee : NA	-
Margin Trading	Margin Trading : -	-
Commodity Futures	Commodity Futures : Rs 20 per order	-
Commodity Options	Commodity Options : Rs 20 per order	-

IIFL vs Marwadi Group Exchange Transaction Charges

IIFL 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 - .

	IIFL	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 : Group A - Rs 280 per Cr (0.0028%)	Commodity : -

IIFL vs Marwadi Group Other Charges

IIFL and Call & Trade is Rs 50 per call . Marwadi Group and .

	IIFL	Marwadi Group
Minimum Brokerage	Minimum Brokerage : -	Minimum Brokerage : -
Call & Trade	Call & Trade : Rs 50 per call	Call & Trade : -
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : 0.04% (minimum ₹25 per debit transaction)	DP Charges (on sell side) : -
Other Miscellaneous Charges	Other Miscellaneous Charges : Advisory SMS - Rs 50 per month	Other Miscellaneous Charges : -

IIFL vs Marwadi Group Features

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

	IIFL	Marwadi Group
Trading Platform	Trading Platform : IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App	Trading Platform : -
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : -
Trading Alerts	Trading Alerts : No	Trading Alerts : -
Research and Advice / Trading Tips	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : Yes	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) : Yes	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

IIFL vs Marwadi Group Demat Account Charges

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

	IIFL	Marwadi Group
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : -
Account Opening Fee	Account Opening Fee : â‚¹0 (free)	Account Opening Fee : -
Advance Deposit	Advance Deposit : â‚¹0	Advance Deposit : -
AMC	AMC : â‚¹250 (free for 1st year)	AMC : -
Dematerialisation Charges	Dematerialisation Charges : â‚¹15 per certificate	Dematerialisation Charges : -
Rematerialisation Charges	Rematerialisation Charges : â‚¹15 per certificate	Rematerialisation Charges : -
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : â‚¹25 per debit transaction	Transaction Charges (debit) : -
Pledge Creation Charges	Pledge Creation Charges : â‚¹10	Pledge Creation Charges : -
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : â‚¹0	Pledge Creation Confirmation Charges : -
Pledge Invocation Charges	Pledge Invocation Charges : â‚¹15	Pledge Invocation Charges : -
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : -
Other Charges	Other Charges : Conversion of MF units: â‚¹0, Reconversion of MF units: â‚¹0, Courier Charges: â‚¹100 per request	Other Charges : -

IIFL vs Marwadi Group Basic Details

IIFL Year of Incorporation is 1996 and Total Number of Clients is 437829 and Total Number of Branches is 900 . Marwadi Group and Total Number of Clients is 126599 and .

	IIFL	Marwadi Group
Year of Incorporation	Year of Incorporation : 1996	Year of Incorporation : -
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX, and NCDEX	Active Exchange Memberships : -
Demat Services	Demat Services : Yes	Demat Services : -
Website	Website : https://www.indiainfoline.com	Website : -
Contact Details	Contact Details : 022-400710000	Contact Details : -
Total Number of Clients	Total Number of Clients : 437,829	Total Number of Clients : 126,599
Total Number of Branches	Total Number of Branches : 900	Total Number of Branches : -
Products *	Products : Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution, currency and commodity broking	Products : -

IIFL vs Marwadi Group Orders

Orders

	IIFL	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) : Yes	Good Till Cancelled (GTC) : Yes

IIFL vs Marwadi Group Research and Advice / Trading Tips

Research and Advice / Trading Tips

	IIFL	Marwadi Group
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : -
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : -
Recommendation basis risk Profile *	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : -
Comparison *	Comparison : Yes	Comparison : -
Free Tips *	Free Tips : Yes	Free Tips : -
Daily Market report *	Daily Market report : Yes	Daily Market report : -
ETF research *	ETF research : Yes	ETF research : -
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : -

IIFL vs Marwadi Group Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	IIFL	Marwadi Group
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.75,000 to Rs.2,00,000	Investment required for Franchisee / AP : -

IIFL vs Marwadi Group Product & Services

IIFL 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:

	IIFL	Marwadi Group
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : -
Margin Trading *	Margin Trading : Yes	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 : 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 : Yes	NRI Services : -
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : -
Offers Multiple Plan *	Offers Multiple Plan : Yes	Offers Multiple Plan : -
IPO Investment *	IPO Investment : Yes	IPO Investment : -
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : -
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : -
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : -
Margin Calculator *	Margin Calculator : No	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 : No	Aumtomated Trading : -

IIFL vs Marwadi Group Customer Services

IIFL 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:

	IIFL	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 : Yes	Customer Care : -
Community Service *	Community Service : Yes	Community Service : -
Relationship Manager *	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : -

IIFL vs Marwadi Group Other Investement

IIFL 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:

	IIFL	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 : Yes	Investment in Bonds : -
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : -
Insurance Services *	Insurance Services : Yes	Insurance Services : -
Banking Services *	Banking Services : No	Banking Services : -

IIFL vs Marwadi Group Trading Platform

IIFL 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:

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