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Marwadi Group vs Sharekhan (Compare Marwadi Group vs Sharekhan)

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 Marwadi Group vs Sharekhan, Below comparison of Marwadi Group vs Sharekhan 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 Marwadi Group vs Sharekhan is given below:

Marwadi Group Sharekhan
About The Brokers
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

Sharekhan :

"Sharekhan is one of the pioneers of online trading in India. It offers a broad range of financial products and services including securities brokerage, mutual fund di   >>> more

Find More Information about the Broker :
Marwadi Group :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Sharekhan :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Marwadi Group :
 Full Service Broker
Sharekhan :
 Full Service Broker
Promo/offers
Marwadi Group :
N/A
Sharekhan :
Special Offer: Free Account opening+ No AMC charged on Demat account for the first year + Free Dial n Trade + Customised Pricing.Get the offer
Advantage
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
Sharekhan :
  •  Free call and trade facility.
  •  Huge Branch & Partner network
  •  User-friendly website and easy to use trading platform
  •  Registered with both the exchanges - BSE and NSE.
  •  Provides you with the opportunity of commodity trading.
  •  The fixed deposit can be used as collateral for future and option trading.
  •  Sharekhan doesn't charge for DP transactions.
  • Sharekhan offers online and classroom training, seminars and workshops to investors. 
  • No charges for Online funds transfer .
  •  Provides services of dedicated Relationship Managers.
Disadvantage
Marwadi Group :
  • They are not transparent when it comes to revealing brokerages
  • No online chat support or email support
  • Majorly limited to Gujarat region
Sharekhan :
  •  Offer only 2-in-1 account.
  •  Shraekhan charges comparatively high brokerage.
  •  Minimum brokerage of 10 paisa is being charged per stock basis.
  •  Trading after market hours is not allowed.
  •  Classic account holders cannot trade commodities.
Why This
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
Sharekhan :
  •  Pan India Presence over 170 branches & 2300+ Franchise partners.
  •  DP transaction facility is available without any cost.
  •  Sharekhan allows fixed deposit as collateral for Future & Options.
  •  At Sherkhan you can Trade through call & trade service.
  •  Provide you scope to widen your portfolio by investing in Equities, IPO, Mutual Funds, ETFs, Commodities, F&O

Marwadi Group vs Sharekhan Account Opening & AMC Charges

- and Sharekhan Trading Account Opening Fee is ₹0 . - and Sharekhan Demat Account AMC is ₹400 (Free for 1st year) .

Marwadi Group Sharekhan
Trading Account Opening Fee Trading Account Opening Fee : - Trading Account Opening Fee :

₹0

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

₹0 (Free)

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

₹400 (Free for 1st year)

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

₹0


Marwadi Group vs Sharekhan Brokerage Charges

Marwadi Group Brokerage Charges Sharekhan Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.10% and Equity Options is ₹50 per lot .

Marwadi Group Sharekhan
Plan Name - Plan Name :

Classic Account

Plan Name :

Sharekhan Prepaid

Equity Delivery - Equity Delivery :

0.50%

Equity Delivery :

0.10%

Equity Intraday - Equity Intraday :

0.10%

Equity Intraday :

0.015%

Equity Future - Equity Future :

0.10%

Equity Future :

0.015%

Equity Options - Equity Options :

₹50 per lot

Equity Options :

0.05% or ₹63 per lot

Currency Futures - Currency Futures :

0.10%

Currency Futures : -
Currency Options - Currency Options :

₹30 per lot

Currency Options : -
Monthly Fee - Monthly Fee : - Monthly Fee :

₹1,00,000 per year

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

0.03%

Commodity Futures : -
Commodity Options - Commodity Options :

0.03%

Commodity Options : -

Marwadi Group vs Sharekhan Transaction Charges (Per Crore)

Marwadi Group Transaction Charges (Per Crore) - and - . Sharekhan Transaction Charges (Per Crore) Equity Future is NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side) and Equity Options is NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) .

Marwadi Group Sharekhan
Equity Delivery Equity Delivery : - Equity Delivery :

NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)

Equity Intraday Equity Intraday : - Equity Intraday :

NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)

Equity Future * Equity Future : - Equity Future :

NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side)

Equity Options * Equity Options : - Equity Options :

NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium)

Currency Futures * Currency Futures : - Currency Futures :

NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%)

Currency Options Currency Options : - Currency Options :

NSE ₹4220 per Cr (0.04220%) | MCX ₹3220 per Cr (0.03220%) (on premium)

Commodity Commodity : - Commodity :

MCX (Non-Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%)


Marwadi Group vs Sharekhan Other Charges

Marwadi Group and . Sharekhan Minimum Brokerage is Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share and Call & Trade is Rs 20 .

Marwadi Group Sharekhan
Minimum Brokerage Minimum Brokerage : - Minimum Brokerage :

Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share

Call & Trade Call & Trade : - Call & Trade :

Rs 20

Stamp Duty * Stamp Duty : - Stamp Duty :

Charges as per the state of residence

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

Rs 0

Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges : -

Marwadi Group vs Sharekhan Features

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

Marwadi Group Sharekhan
Trading Platform Trading Platform : - Trading Platform :

TradeTiger Terminal, Sharekhan Website and Mobile App

Placing orders through charts Placing orders through charts : - Placing orders through charts :

Yes

Trading Alerts Trading Alerts : - Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips : - Research and Advice / Trading Tips :

Yes

Detailed Education Initiatives Detailed Education Initiatives : - Detailed Education Initiatives :

Yes

Unique features & Offers Unique features & Offers : - Unique features & Offers :

Pattern finder,Class room training

Referral Program Referral Program : - Referral Program :

Yes

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


Marwadi Group vs Sharekhan Demat Account Charges

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

Marwadi Group Sharekhan
Depository Service Provider Depository Service Provider : - Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee : - Account Opening Fee :

₹0 (Free)

Advance Deposit Advance Deposit : - Advance Deposit :

₹500 Advance which will be adjusted against billing (Optional)

Tariff D - Deposit ₹2999 (refund of deposit ₹2000 on closure)

AMC AMC : - AMC :

₹0 (Free)

Dematerialisation Charges Dematerialisation Charges : - Dematerialisation Charges :

₹5 per certificate (Min ₹50 per request for Tariff A,B,C,D,E,F & H) (Min ₹100 per request for Tariff G )

Rematerialisation Charges Rematerialisation Charges : - Rematerialisation Charges :

₹50 per certificate or ₹50 for every hundred securities

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

Rs 30 or 0.03% which ever is higher

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

0.03 % of the value of the Transaction (Min ₹100 per transaction)

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

Nil

Pledge Invocation Charges Pledge Invocation Charges : - Pledge Invocation Charges :

Nil

Failed Instruction Charges Failed Instruction Charges : - Failed Instruction Charges :

Nil

Other Charges Other Charges : - Other Charges :

  1. Freeze /De-freeze - ₹25 per request
  2. Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
  3. Client Master changes ₹30 per request for Tariff G


Marwadi Group vs Sharekhan Basic Details

Marwadi Group and Total Number of Clients is 119134 and . Sharekhan Year of Incorporation is 2000 and Total Number of Clients is 741755 and Total Number of Branches is 2800 .

Marwadi Group Sharekhan
Year of Incorporation Year of Incorporation : - Year of Incorporation :

2000

Active Exchange Memberships Active Exchange Memberships : - Active Exchange Memberships :

NSE, BSE, MCX, NCDEX

Demat Services Demat Services : - Demat Services :

Yes

Website Website : - Website :

http://www.sharekhan.com

Contact Details Contact Details : - Contact Details :

022-61150000

Total Number of Clients Total Number of Clients :

119134

Total Number of Clients :

741755

Total Number of Branches Total Number of Branches : - Total Number of Branches :

2800

Products * Products : - Products :

Investment banking, institutional broking


Marwadi Group vs Sharekhan Leverage

Leverage

Marwadi Group Sharekhan
Equity Delivery Equity Delivery : - Equity Delivery :

Upto 5x with 24% interest per year

Equity Intraday Equity Intraday : - Equity Intraday :

Upto 10x

Equity Futures Equity Futures : - Equity Futures :

2x for Intraday

Equity Options Equity Options : - Equity Options :

Nil

Currency Futures Currency Futures : - Currency Futures :

Nil

Currency Options Currency Options : - Currency Options :

Nil

Commodity Futures Commodity Futures : - Commodity Futures :

Upto 2x for Intraday

Commodity Options Commodity Options : - Commodity Options : -
F&O (Eq, Curr, Comm) F&O (Eq, Curr, Comm) : - F&O (Eq, Curr, Comm) : -

Marwadi Group vs Sharekhan Orders

Orders

Marwadi Group Sharekhan
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) :

Yes

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) :

Yes

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


Marwadi Group vs Sharekhan Research and Advice / Trading Tips

Research and Advice / Trading Tips

Marwadi Group Sharekhan
Equity Trading Recommendation * Equity Trading Recommendation : - Equity Trading Recommendation :

Yes

Equity Investment Recommendation * Equity Investment Recommendation : - Equity Investment Recommendation :

Yes

Recommendation basis risk Profile * Recommendation basis risk Profile : - Recommendation basis risk Profile :

Yes

Comparison * Comparison : - Comparison :

Yes

Free Tips * Free Tips : - Free Tips :

Yes

Daily Market report * Daily Market report : - Daily Market report :

Yes

ETF research * ETF research : - ETF research :

Yes

Quarterly Results * Quarterly Results : - Quarterly Results :

Yes


Marwadi Group vs Sharekhan Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Marwadi Group Sharekhan
Availability for franchisee / AP Availability for franchisee / AP : - Availability for franchisee / AP :

Yes

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

Rs.50,000


Marwadi Group vs Sharekhan Product & Services

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

Marwadi Group Sharekhan
Delivery Based Trading * Delivery Based Trading : - Delivery Based Trading :

Yes

Margin Trading * Margin Trading : - Margin Trading :

Yes

Call in Trade * Call in Trade : - Call in Trade :

Yes

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

Yes

Limit Order * Limit Order : - Limit Order :

Yes

3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account : - 3-in-1 On-line Trading Account :

No

NRI Services * NRI Services : - NRI Services :

Yes

SMS Alerts * SMS Alerts : - SMS Alerts :

Yes

Offers Multiple Plan * Offers Multiple Plan : - Offers Multiple Plan :

Yes

IPO Investment * IPO Investment : - IPO Investment :

Yes

Portfolio Analysis * Portfolio Analysis : - Portfolio Analysis :

Yes

Advanced Charting Features * Advanced Charting Features : - Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator : - Brokerage Calculator :

No

Margin Calculator * Margin Calculator : - Margin Calculator :

No

Stop Loss Order * Stop Loss Order : - Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss : - Bracket Orders & Trailing Stop Loss :

Yes

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

Yes

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

Yes

Market Trading * Market Trading : - Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan : - Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading : - Aumtomated Trading :

No


Marwadi Group vs Sharekhan Customer Services

Marwadi Group and Sharekhan 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:

Marwadi Group Sharekhan
Toll Free Number * Toll Free Number : - Toll Free Number :

Yes

Live Chat Facility * Live Chat Facility : - Live Chat Facility :

Yes

Email Facility * Email Facility : - Email Facility :

Yes

Branch Offices * Branch Offices : - Branch Offices :

Yes

Customer Care * Customer Care : - Customer Care :

Yes

Community Service * Community Service : - Community Service :

Yes

Relationship Manager * Relationship Manager : - Relationship Manager :

Yes

24/7 Support * 24/7 Support : - 24/7 Support :

No


Marwadi Group vs Sharekhan Other Investement

Marwadi Group and Sharekhan 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:

Marwadi Group Sharekhan
Commodity Trading * Commodity Trading : - Commodity Trading :

Yes

Investment in ETFs * Investment in ETFs : - Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds : - Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds : - Investment in Bonds :

Yes

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

No

Insurance Services * Insurance Services : - Insurance Services :

No

Banking Services * Banking Services : - Banking Services :

No


Marwadi Group vs Sharekhan Trading PlatForm

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

Marwadi Group Sharekhan
Web Platform * Web Platform : - Web Platform :

Yes

Android Mobile App * Android Mobile App : - Android Mobile App :

Yes

Desktop Windows * Desktop Windows : - Desktop Windows :

Yes

Desktop Mac * Desktop Mac : - Desktop Mac :

No

I-Pad App * I-Pad App : - I-Pad App :

Yes

Virtual Trading * Virtual Trading : - Virtual Trading :

Yes

iPhone Mobile App * iPhone Mobile App : - iPhone Mobile App :

Yes

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