ICICI Direct Vs Marwadi Shares
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Marwadi Shares
Marwadi Shares is a full service Broker. Marwadi Shares Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
ICICI Direct Vs Marwadi Shares - Broker Details
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1992 |
| Exchanges | BSE and NSE. | NSE, BSE, MCX and NCDEX |
| Branches | 250+ | 117+ |
| Brokerage | Prime Plan: ₹900/- | ₹20/ Order |
| Broker Type | Full service Broker | Full Service Broker |
ICICI Direct Vs Marwadi Shares - Account Opening & AMC Charges
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | ₹450/ Year one-time payment of ₹2500 |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
ICICI Direct Vs Marwadi Shares - Brokerage charges & Plans
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹20/ Order |
| Currency Futures | ₹20/ Order | ₹20/ Order |
| Equity Delivery | ₹0.09% | ₹20/ Order |
| Equity Options | ₹20/ Order | ₹20/ Order |
| Commodity Options | ₹20/ Order | ₹20/ Order |
| Equity Futures | ₹20/ Order | ₹20/ Order |
| Currency Options | ₹20/ Order | ₹20/ Order |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order | ₹20/ Order |
ICICI Direct Vs Marwadi Shares - Other Charges
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20/ Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹20/ Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
ICICI Direct Vs Marwadi Shares - Transaction Charges
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | ₹4000/ Cr |
| Equity Futures | NSE: 0.002% | ₹190/ Cr |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | ₹325/ Cr |
| Equity Options | NSE: 0.053% | ₹5000/Cr |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | Non-Agri: ₹260/Cr | Agri: ₹175/ Cr |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | ₹110/Cr |
| Equity Delivery | 0.00345% trade on buy & sell | ₹325/ Cr |
ICICI Direct Vs Marwadi Shares - Margin (Exposure)
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
ICICI Direct Vs Marwadi Shares - Features
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:35 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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ICICI Direct Vs Marwadi Shares - Review & Rating
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs Marwadi Shares - Request a call back from Broker
| ICICI Direct | Marwadi Shares | |
|---|---|---|
ICICI Direct Vs Marwadi Shares - Investment Options
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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ICICI Direct Vs Marwadi Shares - Order Type
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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ICICI Direct Vs Marwadi Shares - Research & Report
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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ICICI Direct Vs Marwadi Shares - Daily Market Report
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Daily Market Reports & News |
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ICICI Direct Vs Marwadi Shares - Suitable For Investor
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs Marwadi Shares - Pros & Cons
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Pros | 1. It facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. | 1. It provides a wide range of trading products. 2. It has a decent number of offline branches and offices across India. 3. It has some reasonable brokerage charges. |
| Cons | 1. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. | 1. It provides various low-quality research. 2. It provides various customer service by considering it with the broker. 3. It provides no in-house technology and trading platforms. 4. The margin provided to the customer is very minimum. |
ICICI Direct Vs Marwadi Shares - Background
| ICICI Direct | Marwadi Shares | |
|---|---|---|
ICICI Direct Vs Marwadi Shares - Compare All Brokers
| ICICI Direct | Marwadi Shares | |
|---|---|---|
ICICI Direct Vs Marwadi Shares - STT/CTT
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
ICICI Direct Vs Marwadi Shares - Demat transaction charges
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹25 + GST per scrip only on sell |
ICICI Direct Vs Marwadi Shares - GST
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs Marwadi Shares - SEBI Charges
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Marwadi Shares - Account Opening & AMC Charges
ICICI Direct
Marwadi Shares
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹450/ Year one-time payment of ₹2500
Trading Account AMC
₹0 (Free)
₹0 (Free)
ICICI Direct Vs Marwadi Shares
| ICICI Direct | Marwadi Shares | |
|---|---|---|
ICICI Direct Review | Brokerage Charges, Account OpeningWith ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.
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Marwadi Shares Review | Brokerage Charges, Account OpeningMarwadi shares finance ltd is a full-service broker which was incorporated in the year 1992. Marwadi shares & finance limited is a financial service firm that avails its broking services in Marwadi share market segments such as stock, commodity and derivatives through NSE, BSE, NCDEX and MCX via Marwadi shares client login. From the experien .. |
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Marwadi Shares
Marwadi Shares is a full service Broker. Marwadi Shares Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
ICICI Direct Vs Marwadi Shares - Brokerage charges & Plans
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹20/ Order |
| Currency Futures | ₹20/ Order | ₹20/ Order |
| Equity Delivery | ₹0.09% | ₹20/ Order |
| Equity Options | ₹20/ Order | ₹20/ Order |
| Commodity Options | ₹20/ Order | ₹20/ Order |
| Equity Futures | ₹20/ Order | ₹20/ Order |
| Currency Options | ₹20/ Order | ₹20/ Order |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
ICICI Direct Vs Marwadi Shares - Margin (Exposure)
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
ICICI Direct Vs Marwadi Shares - Other Charges
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20/ Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹20/ Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
ICICI Direct Vs Marwadi Shares - STT/CTT
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
ICICI Direct Vs Marwadi Shares - Demat transaction charges
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹25 + GST per scrip only on sell |
ICICI Direct Vs Marwadi Shares - GST
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs Marwadi Shares - SEBI Charges
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Marwadi Shares - Features
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:35 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |