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Market Wolf vs Share.Market (Compare Market Wolf and Share.Market)

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 Share.Market, Below comparison of Market Wolf vs Share.Market 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 Share.Market is given below:

Market Wolf

Share.Market

Open Account

	Market Wolf	Share.Market

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

Share.Market :

"Leveraging the established PhonePe ecosystem, the platform aims to integrate trading services with PhonePe’s existing features, making it convenient for users who a >>> more

Find More Information about the Broker :

Market Wolf :

OVERVIEW BROKERAGE

Share.Market :

BROKERAGE PRODUCTS & SERVICES OVERVIEW

Type of Broker

Market Wolf :

Discount Broker

Share.Market :

Discount Broker

Promo/offers

Market Wolf :

N/A

Share.Market :

N/A

Advantage

Market Wolf :

✔ What MarketWolf Does Well

✓	₹19/order — ₹1 cheaper than the ₹20 industry standard
✓	₹0 AMC lifetime — no annual maintenance charges ever
✓	Free daily Trade Ideas from SEBI RA-registered team — stocks, indices, commodities
✓	MCX mini options (Gold, Silver, Crude, Natural Gas) till 11:55 PM
✓	$17.4M VC-backed (Jungle Ventures + Dream Sports) — rare institutional credibility for a small broker
✓	Beginner-first UX — clean, mobile-first, no complexity
✓	Low minimum trade: ₹50 commodity/currency, ₹100 indices, ₹900 stocks
✓	Smart Stop Loss, Follow Trend (high momentum stocks), trailing stop loss
✓	24/7 in-app support via chat and phone
✓	NRI accounts available

Share.Market :

✔ What Share.Market Does Well

✓	PhonePe-backed (Walmart group) — institutional trust and 490M user distribution
✓	WealthBaskets — SEBI IA (Quantech Capital) backed quantitative research portfolios, free
✓	₹180/yr AMC from year 2 — lowest AMC among all brokers that charge AMC
✓	DP charge ₹13.25 per ISIN — lower than Zerodha, Groww, Alice Blue
✓	PhonePe account integration — instant onboarding for existing PhonePe users
✓	Stocks, ETFs, F&O, MF, IPO all in one app
✓	UPI fund transfers free — no gateway charges for UPI
✓	Clean beginner-friendly interface
✓	SME IPO access available

Disadvantage

Market Wolf :

✘ Where MarketWolf Falls Short

✗	₹99 account opening — most major brokers offer free account opening
✗	Mobile-only — no desktop terminal, no web platform for serious traders
✗	Very small team (~11 employees) vs 1.9M+ users — support scalability concern
✗	Call & Trade ₹100 per trade — highest among all reviewed brokers
✗	Limited product range — no MF investing, no IPO, no bonds
✗	Revenue declining — CAGR -28% in last year (Tracxn FY24 data)
✗	No GTT orders, no advanced order types for power users
✗	Pricing model changed twice — from 10% profit share to flat ₹19 — history of pricing instability
✗	No 3-in-1 account, no margin trading funding (MTF)
✗	Only highly liquid stocks available — limited stock universe

Share.Market :

✘ Where Share.Market Falls Short

✗	Zero brokerage promo ended March 31, 2025 — now standard ₹20/order like all major brokers
✗	No commodity (MCX) trading
✗	No NRI accounts
✗	No currency (forex) derivatives
✗	AMC ₹180/yr from year 2 — Groww, Shoonya, ProStocks, Fyers, Alice Blue all ₹0 forever
✗	Launched 2023 — less battle-hardened vs Zerodha/Angel One
✗	No GTT orders, no advanced order types for active traders
✗	Fund transfer non-UPI: ₹15+GST per transaction
✗	No 3-in-1 bank account integration

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.

Share.Market :

They are currently offering FREE demat and trading account with simple, secure, and paperless KYC and You pay ZERO brokerage on all the products, including Futures and Options (F&O).(Till 31st Dec 2024, if you open the account by Oct 31st 2024).
Backed by PhonePe, Share.Market prioritizes security, implementing robust encryption protocols to safeguard user data and transactions.
It offers a facility to invest in Wealth Baskets which is a basket of stocks or ETFs, based on a strategy, theme, or research. They are curated by WealthBasket curators who are SEBI-registered Investment Advisors or Research Analysts.
Check out 5 factors, i.e., Momentum, Quality, Value, Low Volatility, and Sentiment for each stock to make better investing and trading decisions
You can explore Stock Collections based on themes & strategies.
No Charges for Funds Transfer if it is done via UPI.
One-stop marketplace: Equity, ETFs, Mutual Funds, Derivatives, Buyback, OFS, IPO and WealthBaskets.
Dedicated Research Backed by an in-depth research team.
You can create a watchlist to monitor the performance of your favorite stocks
You can access comprehensive details of new stock listings directly in the app
You can Monitor live subscription levels and look forward to tracking post-IPO stock prices

Open Account

Market Wolf vs Share.Market Account Opening & AMC Charges

Market Wolf Trading Account Opening Fee is ₹0 (Free) and Share.Market Trading Account Opening Fee is ₹0 . Market Wolf Demat Account AMC is ₹0 (Free) and Share.Market Demat Account AMC is Rs 180 (free for 1st year) .

	Market Wolf	Share.Market
Trading Account Opening Fee	Trading Account Opening Fee : ₹0 (Free)	Trading Account Opening Fee : ₹0
Demat Account Opening Fee	Demat Account Opening Fee : ₹0 (Free)	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : ₹0 (Free)	Demat Account AMC : Rs 180 (free for 1st year)
Trading Account AMC	Trading Account AMC : ₹0 (Free)	Trading Account AMC : ₹0
	Open Account	Open Account

Market Wolf vs Share.Market 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) . Share.Market Brokerage Charges Equity Delivery is ₹20 per executed order or 0.05% whichever is lower and Equity Intraday is ₹20 per executed order or 0.05% whichever is lower and Equity Options is ₹20 per executed order or 0.05% whichever is lower .

	Market Wolf	Share.Market
Plan Name	Plan Name : Market Wolf default Brokerage Plan	Plan Name : Standard Plan	Plan Name : ZERO brokerage till 31st Mar 2025
Equity Delivery	Equity Delivery : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Delivery : ₹20 per executed order or 0.05% whichever is lower	Equity Delivery : -
Equity Intraday	Equity Intraday : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Intraday : ₹20 per executed order or 0.05% whichever is lower	Equity Intraday : -
Equity Future	Equity Future : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Future : ₹20 per executed order or 0.05% whichever is lower	Equity Future : -
Equity Options	Equity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Options : ₹20 per executed order or 0.05% whichever is lower	Equity Options : -
Currency Futures	Currency Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Currency Futures : ₹20 per executed order or 0.05% whichever is lower	Currency Futures : -
Currency Options	Currency Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Currency Options : ₹20 per executed order or 0.05% whichever is lower	Currency Options : -
Monthly Fee	Monthly Fee : NA	Monthly Fee : NIL	Monthly Fee : -
Margin Trading	Margin Trading : NA	Margin Trading : Yes	Margin Trading : -
Commodity Futures	Commodity Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Commodity Futures : NA	Commodity Futures : -
Commodity Options	Commodity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Commodity Options : NA	Commodity Options : -
	Open Account	Open Account

Market Wolf vs Share.Market 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) . Share.Market Exchange Transaction Charges Equity Future is NSE: 0.00173% | BSE: 0.0% and Equity Options is NSE: 0.03503% | BSE: 0.0325% (on premium) .

	Market Wolf	Share.Market
Equity Delivery	Equity Delivery : NSE: 0.00325%	Equity Delivery : NSE: 0.00297% \| BSE: 0.00375%
Equity Intraday	Equity Intraday : NSE: 0.00325%	Equity Intraday : NSE: 0.00297% \| BSE: 0.00375%
Equity Future *	Equity Future : NSE: 0.0019%	Equity Future : NSE: 0.00173% \| BSE: 0.0%
Equity Options *	Equity Options : Rs 5000 per Cr (0.05%) (on premium)	Equity Options : NSE: 0.03503% \| BSE: 0.0325% (on premium)
Currency Futures *	Currency Futures : NSE: 0.0009% + Investor protection fund (0.037%)	Currency Futures : NSE: 0.00173% \| BSE: 0.0%
Currency Options	Currency Options : Rs 4000 per Cr (0.04%) (on premium)	Currency Options : NSE: 0.03503% \| BSE: 0.0325% (on premium)
Commodity	Commodity : Rs 260 per Cr (0.0026%)	Commodity : NA
	Open Account	Open Account

Market Wolf vs Share.Market Other Charges

Market Wolf Minimum Brokerage is NA and Call & Trade is NA . Share.Market and Call & Trade is NA .

	Market Wolf	Share.Market
Minimum Brokerage	Minimum Brokerage : NA	Minimum Brokerage : -
Call & Trade	Call & Trade : NA	Call & Trade : NA
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) : ₹10 + ₹3.25 (CDSL Charges)
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Auto square-off Rs 30 per order.
	Open Account	Open Account

Market Wolf vs Share.Market Features

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

	Market Wolf	Share.Market
Trading Platform	Trading Platform : Mobile, WEB	Trading Platform : Share.Market website and mobile app
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : No
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 : No
Unique features & Offers	Unique features & Offers : Brokerage if Makes Profit	Unique features & Offers : -
Referral Program	Referral Program : Yes	Referral Program : No
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : No	Margin Against Shares (Equity Cash) : -
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : -
	Open Account	Open Account

Market Wolf vs Share.Market Demat Account Charges

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

	Market Wolf	Share.Market
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹0 (Free)	Account Opening Fee : ₹0
Advance Deposit	Advance Deposit : ₹0	Advance Deposit : Nil
AMC	AMC : ₹0 (Free)	AMC : ₹0 (for the 1st Year) and after ₹180 per year
Dematerialisation Charges	Dematerialisation Charges : -	Dematerialisation Charges : ₹150 per certificate
Rematerialisation Charges	Rematerialisation Charges : -	Rematerialisation Charges : ₹150 for every hundred securities + depository chg
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : ₹0
Transaction Charges (debit)	Transaction Charges (debit) : -	Transaction Charges (debit) : Rs 13.25 per instruction per ISIN (Including CDSL)
Pledge Creation Charges	Pledge Creation Charges : -	Pledge Creation Charges : ₹20 per instruct
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : ₹0
Pledge Invocation Charges	Pledge Invocation Charges : -	Pledge Invocation Charges : ₹20
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : ₹50 per ISIN
Other Charges	Other Charges : -	Other Charges : -
	Open Account	Open Account

Market Wolf vs Share.Market Basic Details

Market Wolf Year of Incorporation is 2017 and Total Number of Clients is 201948 and Total Number of Branches is NA . Share.Market Year of Incorporation is 2023 and Total Number of Clients is 355026 and Total Number of Branches is NIL .

	Market Wolf	Share.Market
Year of Incorporation	Year of Incorporation : 2017	Year of Incorporation : 2023
Active Exchange Memberships	Active Exchange Memberships : NSE and MCX	Active Exchange Memberships : NSE, BSE
Demat Services	Demat Services : CDSL	Demat Services : CDSL
Website	Website : https://marketwolf.com/	Website : https://share.market/
Contact Details	Contact Details : +91 8591308916	Contact Details : 080-68727687
Total Number of Clients	Total Number of Clients : 201,948	Total Number of Clients : 355,026
Total Number of Branches	Total Number of Branches : NA	Total Number of Branches : NIL
Products *	Products : Equity, Commodity, Currency, IPO	Products : Stocks, F&O, ETFs, MFs, Wealth Basket, IPOs
Key USP *	Key USP : -	Key USP : -
Broker Type *	Broker Type : -	Broker Type : Discount
	Open Account	Open Account

Market Wolf vs Share.Market Orders

Orders

	Market Wolf	Share.Market
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) : 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
	Open Account	Open Account

Market Wolf vs Share.Market Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Market Wolf	Share.Market
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 Share.Market Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Market Wolf	Share.Market
Availability for franchisee / AP	Availability for franchisee / AP : NA	Availability for franchisee / AP : NA
Investment required for Franchisee / AP	Investment required for Franchisee / AP : NA	Investment required for Franchisee / AP : NA
	Open Account	Open Account

Market Wolf vs Share.Market Product & Services

Market Wolf and Share.Market 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	Share.Market
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : NA	Margin Trading : Yes
Call N Trade *	Call N Trade : NA	Call N Trade : NA
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 : -
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 : No
SMS Alerts *	SMS Alerts : No	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : No
IPO Investment *	IPO Investment : No	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : No	Portfolio Analysis : No
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : No	Margin Calculator : No
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 : No
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 Share.Market Customer Services

Market Wolf and Share.Market 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	Share.Market
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 : No
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 Share.Market Other Investement

Market Wolf and Share.Market 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	Share.Market
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : NA
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 Share.Market Trading Platform

Market Wolf and Share.Market 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	Share.Market
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 : No
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