• Top Stock Brokers in India ‐ Reviews, Comparison and Offers

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

Karvy Marwadi Group
About The Brokers
Karvy :

"Karvy Online is certainly a renowned name in share brokerage Industry with over 6 lakh active customer base, powerful online trading tools, Research based investment    >>> 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 :
Karvy :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Marwadi Group :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Karvy :
 Full Service Broker
Marwadi Group :
 Full Service Broker
Promo/offers
Karvy :
N/A
Marwadi Group :
N/A
Advantage
Karvy :
  •  Huge Branch & Partner network.
  •  Trading is available in both BSE and NSE.
  •  Offer Commodity Trading & Investment facility in Mutual funds & IPO.
  •  Karvy offers zero demat AMC for first year.
  •  Free research reports.
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
Karvy :
  •  Doesn't offer 3-in-1 account.
  •  High brokerage.
  •  No referral Program
  •  Lacks transparency in 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
Karvy :
  •  Wide Network with over 289 Business location & 540+ Franchise partners.
  •  Amongst top 10 stock brokers in India and top 3 depository participants.
  •  All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O
  •  Combined account facility that caters to all investment opportunities such as trade in Equities, Derivatives, Currency and also investing in IPOs, Mutual funds and NCDs.
  •  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

Karvy vs Marwadi Group Account Opening & AMC Charges

Karvy Trading Account Opening Fee is ₹650 and - . Karvy Demat Account AMC is ₹420 and - .

Karvy Marwadi Group
Trading Account Opening Fee Trading Account Opening Fee :

₹650

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

₹0

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

₹420

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

₹0

Trading Account AMC : -

Karvy vs Marwadi Group Brokerage Charges

Karvy Brokerage Charges Equity Delivery is 0.1% and Equity Intraday is 0.01% and Equity Options is ₹10 per lot . Marwadi Group Brokerage Charges

Karvy Marwadi Group
Plan Name Plan Name :

Retail Brokerage Plan

Plan Name :

Premium Subscription Plan

-
Equity Delivery Equity Delivery :

0.1%

Equity Delivery :

0.3%

-
Equity Intraday Equity Intraday :

0.01%

Equity Intraday :

0.03%

-
Equity Future Equity Future :

0.01%

Equity Future :

0.03%

-
Equity Options Equity Options :

₹10 per lot

Equity Options :

₹30 per lot

-
Currency Futures Currency Futures :

0.01%

Currency Futures :

0.03%

-
Currency Options Currency Options :

₹10 per lot

Currency Options :

₹30 per lot

-
Monthly Fee Monthly Fee :

₹100,000 per year

Monthly Fee :

-
Margin Trading Margin Trading :

Margin Trading :

-
Commodity Futures Commodity Futures :

0.01%

Commodity Futures :

0.03%

-
Commodity Options Commodity Options :

₹10 per lot

Commodity Options :

₹30 per lot

-

Karvy vs Marwadi Group Transaction Charges (Per Crore)

Karvy Transaction Charges (Per Crore) Equity Future is ₹230 and Equity Options is ₹5500 . Marwadi Group Transaction Charges (Per Crore) - and - .

Karvy Marwadi Group
Equity Delivery Equity Delivery :

₹325

Equity Delivery : -
Equity Intraday Equity Intraday :

₹325

Equity Intraday : -
Equity Future * Equity Future :

₹230

Equity Future : -
Equity Options * Equity Options :

₹5500

Equity Options : -
Currency Futures * Currency Futures :

₹325

Currency Futures : -
Currency Options Currency Options :

Currency Options : -
Commodity Commodity :

₹300

Commodity : -

Karvy vs Marwadi Group Other Charges

Karvy Minimum Brokerage is Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher and Call & Trade is . Marwadi Group and .

Karvy Marwadi Group
Minimum Brokerage Minimum Brokerage :

Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher

Minimum Brokerage : -
Call & Trade Call & Trade :

Call & Trade : -
Stamp Duty * Stamp Duty :

State wise

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

Other Miscellaneous Charges : -

Karvy vs Marwadi Group Features

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

Karvy Marwadi Group
Trading Platform Trading Platform :

OMNESYS NEST - Web, Trader, KarvyOnline mobile 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 :

0

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

No

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

Ask the expert, The Finapolis

Unique features & Offers : -
Referral Program Referral Program :

0

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) :

Yes

Margin Against Shares (Equity F&O) :

Yes


Karvy vs Marwadi Group Demat Account Charges

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

Karvy Marwadi Group
Depository Service Provider Depository Service Provider :

CDSL & NSDL

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

₹650

Account Opening Fee : -
Advance Deposit Advance Deposit :

Nil

Advance Deposit : -
AMC AMC :

₹0

AMC : -
Dematerialisation Charges Dematerialisation Charges :

₹5 per certificate + ₹40 for courier charges;

For BSDA Accounts: ₹10 per certificate + ₹50 courier charges

Dematerialisation Charges : -
Rematerialisation Charges Rematerialisation Charges :

₹20 for every 100 securities or ₹20 per certificate whichever is higher

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

₹15 per transaction

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

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

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

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

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

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

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

₹100 per instruction

Failed Instruction Charges : -
Other Charges Other Charges :

₹100 per Demat Rejection

₹100 per Client Modification Request

₹100 per DIS Lost Request

₹100 per request for physical statements

Other Charges : -

Karvy vs Marwadi Group Basic Details

Karvy Year of Incorporation is 1985 and Total Number of Clients is 2,60,000+ and Total Number of Branches is 575 . Marwadi Group and Total Number of Clients is 119134 and .

Karvy Marwadi Group
Year of Incorporation Year of Incorporation :

1985

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.karvyonline.com

Website : -
Contact Details Contact Details :

18004258283

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

2,60,000+

Total Number of Clients :

119134

Total Number of Branches Total Number of Branches :

575

Total Number of Branches : -
Products * Products :

Institutional broking, retail broking, private wealth management, and financial product distribution

Products : -

Karvy vs Marwadi Group Charts and Data

Karvy and Marwadi Group both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

Karvy Marwadi Group
Live data source Live data source :

NSE, BSE, MCX

Live data source : -
Advanced Charting tools Advanced Charting tools :

Yes

Advanced Charting tools : -
Multi-Chart Setup Multi-Chart Setup :

Yes

Multi-Chart Setup : -
No.of indicators No.of indicators :

64+

No.of indicators : -
No.of charts can be opened No.of charts can be opened :

4

No.of charts can be opened : -
Live Scanners Live Scanners :

Yes

Live Scanners : -
Customizable screeners Customizable screeners :

No

Customizable screeners : -
Trading from charts Trading from charts :

No

Trading from charts : -
Compare Symbol performance on Chart Compare Symbol performance on Chart :

No

Compare Symbol performance on Chart : -
Options charts Options charts :

Yes

Options charts : -
Continuous futures charts Continuous futures charts :

Yes

Continuous futures charts : -
Intraday historical data for charts Intraday historical data for charts :

Yes

Intraday historical data for charts : -
End of Day historical data for charts End of Day historical data for charts :

Yes

End of Day historical data for charts : -
Corporate action adjusted charts Corporate action adjusted charts :

No

Corporate action adjusted charts : -
Back Testing Back Testing :

No

Back Testing : -
Options Chain Options Chain :

Yes

Options Chain : -
Heat Maps Heat Maps :

Yes

Heat Maps : -
Analytics Analytics :

No

Analytics : -
Price Ladder Price Ladder :

No

Price Ladder : -

Karvy vs Marwadi Group Leverage

Leverage

Karvy Marwadi Group
Equity Delivery Equity Delivery :

Upto 5x with 24% interest per year

Equity Delivery : -
Equity Intraday Equity Intraday :

Upto 20x

Equity Intraday : -
Equity Futures Equity Futures :

Upto 4x

Equity Futures : -
Equity Options Equity Options :

Upto 4x for shorting

Equity Options : -
Currency Futures Currency Futures :

Nil

Currency Futures : -
Currency Options Currency Options :

Nil

Currency Options : -
Commodity Futures Commodity Futures :

Upto 4x

Commodity Futures : -
Commodity Options Commodity Options :

Commodity Options : -

Karvy vs Marwadi Group Orders

Orders

Karvy Marwadi Group
Cover Orders (CO) Cover Orders (CO) :

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

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

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

Buy Today Sell Tomorrow (BTST) :

Yes

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

Sell Today Buy Tomorrow (STBT) :

Yes

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

Good Till Cancelled (GTC) :

Yes


Karvy vs Marwadi Group Research and Advice / Trading Tips

Research and Advice / Trading Tips

Karvy 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 :

No

ETF research : -
Quarterly Results * Quarterly Results :

Yes

Quarterly Results : -

Karvy vs Marwadi Group Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Karvy 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.25,000 to Rs.50,000

Investment required for Franchisee / AP : -

Karvy vs Marwadi Group Product & Services

Karvy 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:

Karvy Marwadi Group
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading : -
Margin Trading * Margin Trading :

Yes

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

Yes

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 :

Yes

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 :

Yes

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

Yes

Advanced Charting Features : -
Brokerage Calculator * Brokerage Calculator :

No

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 : -

Karvy vs Marwadi Group Customer Services

Karvy 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:

Karvy Marwadi Group
Toll Free Number * Toll Free Number :

Yes

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 : -

Karvy vs Marwadi Group Other Investement

Karvy 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:

Karvy 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 :

Yes

Banking Services : -

Karvy vs Marwadi Group Trading PlatForm

Karvy 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:

Karvy 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 :

No

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

No

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

No

iPhone Mobile App : -

Karvy vs Marwadi Group Company Information

Company Information

Karvy Marwadi Group
Financials * Financials :

Yes

Financials : -
News * News :

Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.

Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.

Karvy Customers,

Need Help Moving to Another Broker?

News : -
Company Analysis * Company Analysis :

Yes

Company Analysis :

Yes

Contact Now Enquire Now Enquire Now

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