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Comparision (Marwadi Shares VS ICICI Direct)

Marwadi Shares Vs ICICI Direct

Marwadi Shares
Marwadi Shares is a full service Broker. Marwadi Shares Review 2021 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
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 Vs ICICI Direct - Broker Details

Marwadi Shares ICICI Direct
Single Margin Facility
Year of Incorporation 1992 1995
Exchanges NSE, BSE, MCX and NCDEX BSE and NSE.
Branches 90 branches 250+
Brokerage Upto Rs. 25 Prime Plan: ₹900
Broker Type Full Service Broker Full service Broker
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Marwadi Shares Vs ICICI Direct - Account Opening & AMC Charges

Marwadi Shares ICICI Direct
Trading Account Opening Charge Rs.0 (Free) Rs.0 (Free)
Demat Account Opening Charge Rs.0(free) Rs.0 (Free)
Demat Account AMC ₹450 per year one-time payment of ₹2500 ₹700 (From 2nd Year)
Trading Account AMC Rs.0 (Free) Rs.0 (Free)
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Marwadi Shares Vs ICICI Direct - Brokerage charges & Plans

Marwadi Shares ICICI Direct
Commodity Futures 0.02% NA
Currency Futures 0.02% I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0
Equity Delivery 0.30% I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25%
Equity Options ₹100 per lot I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0
Commodity Options 0.02% NA
Equity Futures 0.02% I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25%
Currency Options ₹100 per lot I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0
Fixed Charges - Prime Plan: ₹900
Equity Intraday 0.06% I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25%
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Marwadi Shares Vs ICICI Direct - Other Charges

Marwadi Shares ICICI Direct
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 0.02% Rs.20/order
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Marwadi Shares Vs ICICI Direct - Transaction Charges

Marwadi Shares ICICI Direct
Currency Options 0.04355 (On Prem) ₹5000 per Cr. (0.05) (On Premium)
Equity Futures 0.0020% ₹180 per Cr (0.0018%)
Equity Intraday 0.00325% NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side)
Equity Options 0.053% (On Prem) ₹5000 per Cr (0.05%) (On premium)
Commodity 0.0030% NA
Currency Futures 0.00125% ₹120 per Cr (0.0012%)
Equity Delivery 0.00325% NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side)
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Marwadi Shares Vs ICICI Direct - Margin (Exposure)

Marwadi Shares ICICI Direct
Equity Options Up to 4 times for Intraday 2 times for shorting
Equity Intraday Up to 10 times Up to 25 times
Currency Options Up to 2 times for Intraday NA
Commodity Options - NA
Commodity Futures Up to 2 times for Intraday NA
Equity Delivery 1x (no margin) 5 times with Interest
Currency Futures Up to 2 times for Intraday NA
Equity Futures Up to 2 times for Intraday 4 times
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Marwadi Shares Vs ICICI Direct - Features

Marwadi Shares ICICI Direct
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 3:15 PM 3:30 PM
Trading Platform 1. ODIN DIET, NSE NOW, Marwadi Trade Mobile App 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund
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Marwadi Shares Vs ICICI Direct - Review & Rating

Marwadi Shares ICICI Direct
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
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Marwadi Shares Vs ICICI Direct - Request a call back from Broker

Marwadi Shares ICICI Direct
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Marwadi Shares Vs ICICI Direct - Investment Options

Marwadi Shares ICICI Direct
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Marwadi Shares Vs ICICI Direct - Order Type

Marwadi Shares ICICI Direct
Bracket Order/BO/OCO N0
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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Marwadi Shares Vs ICICI Direct - Research & Report

Marwadi Shares ICICI Direct
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Marwadi Shares Vs ICICI Direct - Daily Market Report

Marwadi Shares ICICI Direct
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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Marwadi Shares Vs ICICI Direct - Suitable For Investor

Marwadi Shares ICICI Direct
Casual Investor
Active Investor
Trader
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Marwadi Shares Vs ICICI Direct - Pros & Cons

Marwadi Shares ICICI Direct
Pros 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. 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.
Cons 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. 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.
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Marwadi Shares Vs ICICI Direct - Background

Marwadi Shares ICICI Direct
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Marwadi Shares Vs ICICI Direct - Compare All Brokers

Marwadi Shares ICICI Direct
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Marwadi Shares Vs ICICI Direct - Account Opening & AMC Charges

Marwadi Shares
ICICI Direct
Trading Account Opening Charge
Rs.0 (Free)
Rs.0 (Free)
Demat Account Opening Charge
Rs.0(free)
Rs.0 (Free)
Demat Account AMC
₹450 per year one-time payment of ₹2500
₹700 (From 2nd Year)
Trading Account AMC
Rs.0 (Free)
Rs.0 (Free)

Marwadi Shares Vs ICICI Direct

Marwadi Shares ICICI Direct
 

Marwadi Shares NRI Account

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, ..
+ " Vs "+ ICICI Direct

ICICI Direct NRI Account Opening, Charges, Services Review

ICICI 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 ins ..
 
 

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 Vs ICICI Direct - Brokerage charges & Plans

Marwadi Shares ICICI Direct
Commodity Futures 0.02% NA
Currency Futures 0.02% I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0
Equity Delivery 0.30% I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25%
Equity Options ₹100 per lot I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0
Commodity Options 0.02% NA
Equity Futures 0.02% I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25%
Currency Options ₹100 per lot I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0
Fixed Charges - Prime Plan: ₹900
Equity Intraday 0.06% I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25%
Enquiry with Marwadi Shares   Open Account Enquiry with ICICI Direct   Open Account

Marwadi Shares Vs ICICI Direct - Margin (Exposure)

Marwadi Shares ICICI Direct
Equity Options Up to 4 times for Intraday 2 times for shorting
Equity Intraday Up to 10 times Up to 25 times
Currency Options Up to 2 times for Intraday NA
Commodity Options - NA
Commodity Futures Up to 2 times for Intraday NA
Equity Delivery 1x (no margin) 5 times with Interest
Currency Futures Up to 2 times for Intraday NA
Equity Futures Up to 2 times for Intraday 4 times
Enquiry with Marwadi Shares   Open Account Enquiry with ICICI Direct   Open Account

Marwadi Shares Vs ICICI Direct - Other Charges

Marwadi Shares ICICI Direct
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 0.02% Rs.20/order
Enquiry with Marwadi Shares   Open Account Enquiry with ICICI Direct   Open Account

Marwadi Shares Vs ICICI Direct - Features

Marwadi Shares ICICI Direct
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 3:15 PM 3:30 PM
Trading Platform 1. ODIN DIET, NSE NOW, Marwadi Trade Mobile App 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Marwadi Shares   Open Account Enquiry with ICICI Direct   Open Account