Marwadi Shares Online Account Open Process, Forms and Fees


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Marwadi Shares Online Account Open Process, Forms and Fees

Marwadi Shares is a full-service broker which was incorporated in the year 1992. It is a financial service firm that avails its broking services in various segments such as stock, commodity and derivatives through NSE, BSE, NCDEX and MCX. This broker has earned the experience of more than 20 years of experience in the capital market in different fields such as Equity Trading, Commodity, Currency Trading, etc.
This broker also allows quick fund transfer through multiple mediums such as NEFT, RTGS and various other payment gateways.
The company also avails various investment opportunities in the Currency Futures and Options, demat services, IPOs, Research services, PMS, online trading, new pension scheme distribution, and various financial products such as Mutual Funds and insurance among others. The company focuses on meeting the needs of its retail and institutional clients. The company is in Rajkot, Gujrat and has more than 90 branches and 1450 channel partners.

Account Opening
This stock broker allows the investors to open a trading and demat account. An individual does not require to open a demat account if the customer is willing to trade in the derivatives segment. Holding a trading account is enough to place buy or sell requests in the derivatives segment.

Documents Required to open an account with Marwadi Shares
1. Identity Proof- Aadhar, Passport, Voter ID, Driving License.
2. PAN Card.
3. Passport size photograph.
4. Identity Card issued by a competent authority.
5. A PoA i.e. passport, Voter ID, Ration Card, UID, Bank Account Statement, etc.
Remember: All the documents are meant to be attested by the competent authority such as Manager of the scheduled banks, notary public and gazetted officer.

Account Opening procedure with Marwadi Shares
1. The customers can get their account opened with Marwadi Shares via offline. They can directly visit the branch office and then ask them to open an account.
2. The customer can fill the online application for opening an account with Marwadi Shares. Then, a customer representative will contact the customer to take the account opening process forward.

Account Opening Charges



Trading Account Opening Charge


Demat Account Opening Charge


Trading AMC


Demat AMC

₹450 per year one-time payment of ₹2500


Marwadi Shares is a full-service stock broker with its various other charges. This stock broker provide its services through its trading platforms, research, customer care and so on. The trading software provided to the customers by Marwadi Shares is quite average. The broker is surviving in the brokerage industry for more than 25 years and is yet working to develop its reputation further.

Frequently Asked Questions

Yes, an individual can square up their position. The customer can short sell i.e. go short and square up within the settlement or it can go long and square up within the settlement.
NSE gurantees each trade. In case there is any dispute then one can refer to the investor grievances cell, National Stock exchange of India.
All the Indian Residents or corporates, overseas corporate bodies and FIIs are eligible.
If any documents is missed or there is a signature mismatch. Then, a demat request can be rejected.
An individual needs to submit the following documents: • Passport. • Voter Card. • Driving License. • PAN Card. • Ration Card. • Bank Passbook.
A customer can have maximum 3 names that can be included.
There is no change in the BTST orders.
It takes up to 3 days to get a demat account opened.
No, as of now, there are no changes in the working of ODIN.
Yes, it is compulsory to have a nominee’s photograph and signature is required.
Yes, the partial dematerialization done by the companies.
Yes, the clients will get the limit on the stock sold are lying in the Margin Pledge/CUSA. These limits will be across all the segments in all the exchanges as it is reduced by VaR ELM of the stocks sold.
Yes, in order to initiate trading with Marwadi Shares. One needs to deposit the upfront margin with us.
The complete status of the bank, demat and e-broking account that will be available to you within online 24 hours.

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