ICICI Direct Vs Marwadi Shares
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about the 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 2021 gives an overall view of the 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 | ||
| Year of Incorporation | 1995 | 1992 |
| Exchanges | BSE and NSE. | NSE, BSE, MCX and NCDEX |
| Branches | 250+ | 90 branches |
| Brokerage | Prime Plan: ₹900 | Upto Rs. 25 |
| Broker Type | Full service Broker | Full Service Broker |
| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
ICICI Direct Vs Marwadi Shares - Account Opening & AMC Charges
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Trading Account Opening Charge | Rs.0 (Free) | Rs.0 (Free) |
| Demat Account Opening Charge | Rs.0 (Free) | Rs.0(free) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹450 per year one-time payment of ₹2500 |
| Trading Account AMC | Rs.0 (Free) | Rs.0 (Free) |
| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
ICICI Direct Vs Marwadi Shares - Brokerage charges & Plans
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Commodity Futures | NA | 0.02% |
| Currency Futures | I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 | 0.02% |
| Equity Delivery | I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% | 0.30% |
| Equity Options | I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 | ₹100 per lot |
| Commodity Options | NA | 0.02% |
| Equity Futures | I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% | 0.02% |
| Currency Options | I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 | ₹100 per lot |
| Fixed Charges | Prime Plan: ₹900 | - |
| Equity Intraday | I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% | 0.06% |
| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
ICICI Direct Vs Marwadi Shares - Other Charges
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| RMS Square Off Charge | - | No |
| API Charges | Does not provide API | |
| Call & Trade Charges | Rs.25/per order | - |
| Other Brokerage Charges | Prime Plan: ₹900 | |
| Minimum Brokerage | Rs.20/order | 0.02% |
| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
ICICI Direct Vs Marwadi Shares - Transaction Charges
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Currency Options | ₹5000 per Cr. (0.05) (On Premium) | 0.04355 (On Prem) |
| Equity Futures | ₹180 per Cr (0.0018%) | 0.0020% |
| Equity Intraday | NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) | 0.00325% |
| Equity Options | ₹5000 per Cr (0.05%) (On premium) | 0.053% (On Prem) |
| Commodity | NA | 0.0030% |
| Currency Futures | ₹120 per Cr (0.0012%) | 0.00125% |
| Equity Delivery | NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) | 0.00325% |
| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
ICICI Direct Vs Marwadi Shares - Margin (Exposure)
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Equity Options | 2 times for shorting | Up to 4 times for Intraday |
| Equity Intraday | Up to 25 times | Up to 10 times |
| Currency Options | NA | Up to 2 times for Intraday |
| Commodity Options | NA | - |
| Commodity Futures | NA | Up to 2 times for Intraday |
| Equity Delivery | 5 times with Interest | 1x (no margin) |
| Currency Futures | NA | Up to 2 times for Intraday |
| Equity Futures | 4 times | Up to 2 times for Intraday |
| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
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 | 3:30 PM | 3:15 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. ODIN DIET, NSE NOW, Marwadi Trade Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
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 | ||
| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
ICICI Direct Vs Marwadi Shares - Request a call back from Broker
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
ICICI Direct Vs Marwadi Shares - Investment Options
| ICICI Direct | Marwadi Shares | |
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| 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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| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
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 |
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| After Market Order(AMO) |
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| STBT |
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| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
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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| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
ICICI Direct Vs Marwadi Shares - Daily Market Report
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
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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| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
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 i.e. banking, broking and demat accounts. 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. 5. The low bandwidth website is available for the slow internet connection or for the trading from various mobile devices. 6. By placing the VTC feature i.e. Valid till Cancelled, the customers can place buy or sell the limit orders that remains valid for 45 days. | 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. The brokerage can be brought down simply by subscribing to the ICICI direct prime or prepaid brokerage plans. 2. It does not offer commodity trading. With the ICICI Trading account the customers can’t trade at MCX or NCDEX. It offers several plans to introduce commodity trading in future. 3. The minimum brokerage as the standard I-Secure plan is ₹35 per trade 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 ₹25 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. |
| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
ICICI Direct Vs Marwadi Shares - Background
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
ICICI Direct Vs Marwadi Shares - Compare All Brokers
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
ICICI Direct Vs Marwadi Shares - Account Opening & AMC Charges
ICICI Direct
Marwadi Shares
Trading Account Opening Charge
Rs.0 (Free)
Rs.0 (Free)
Demat Account Opening Charge
Rs.0 (Free)
Rs.0(free)
Demat Account AMC
₹700 (From 2nd Year)
₹450 per year one-time payment of ₹2500
Trading Account AMC
Rs.0 (Free)
Rs.0 (Free)
ICICI Direct Vs Marwadi Shares
| ICICI Direct | Marwadi Shares | |
|---|---|---|
ICICI Direct NRI AccountICICI Direct is a full-service broker that avails its customer the service of retail trading and investment service from ICICI securities. ICICI Securities is the famous and largest stock broker in India. It was incorporated on 9 March, 1995 as ICICI Brokerage Services. The company offers a broad range of investment options to the retail and institutional customers.
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Marwadi Shares NRI AccountMarwadi 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, .. |
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Marwadi Shares
Marwadi Shares is a full service Broker. Marwadi Shares Review 2021 gives an overall view of the 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 | NA | 0.02% |
| Currency Futures | I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 | 0.02% |
| Equity Delivery | I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% | 0.30% |
| Equity Options | I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 | ₹100 per lot |
| Commodity Options | NA | 0.02% |
| Equity Futures | I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% | 0.02% |
| Currency Options | I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 | ₹100 per lot |
| Fixed Charges | Prime Plan: ₹900 | - |
| Equity Intraday | I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% | 0.06% |
| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
ICICI Direct Vs Marwadi Shares - Margin (Exposure)
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| Equity Options | 2 times for shorting | Up to 4 times for Intraday |
| Equity Intraday | Up to 25 times | Up to 10 times |
| Currency Options | NA | Up to 2 times for Intraday |
| Commodity Options | NA | - |
| Commodity Futures | NA | Up to 2 times for Intraday |
| Equity Delivery | 5 times with Interest | 1x (no margin) |
| Currency Futures | NA | Up to 2 times for Intraday |
| Equity Futures | 4 times | Up to 2 times for Intraday |
| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
ICICI Direct Vs Marwadi Shares - Other Charges
| ICICI Direct | Marwadi Shares | |
|---|---|---|
| RMS Square Off Charge | - | No |
| API Charges | Does not provide API | |
| Call & Trade Charges | Rs.25/per order | - |
| Other Brokerage Charges | Prime Plan: ₹900 | |
| Minimum Brokerage | Rs.20/order | 0.02% |
| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |
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 | 3:30 PM | 3:15 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. ODIN DIET, NSE NOW, Marwadi Trade Mobile App |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
|
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| Enquiry with ICICI Direct Open Account | Enquiry with Marwadi Shares Open Account |