Marwadi Shares Vs ICICI Direct
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
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 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 |
| Enquiry with Marwadi Shares Open Account | Enquiry with ICICI Direct Open Account |
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) |
| Enquiry with Marwadi Shares Open Account | Enquiry with ICICI Direct Open Account |
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 - 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 - 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) |
| 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 - Features
| Marwadi Shares | ICICI Direct | |
|---|---|---|
| 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 | 3:15 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 |
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| Direct Mutual Fund |
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| Enquiry with Marwadi Shares Open Account | Enquiry with ICICI Direct Open Account |
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 | ||
| Enquiry with Marwadi Shares Open Account | Enquiry with ICICI Direct Open Account |
Marwadi Shares Vs ICICI Direct - Request a call back from Broker
| Marwadi Shares | ICICI Direct | |
|---|---|---|
| Enquiry with Marwadi Shares Open Account | Enquiry with ICICI Direct Open Account |
Marwadi Shares Vs ICICI Direct - Investment Options
| Marwadi Shares | ICICI Direct | |
|---|---|---|
| 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 Marwadi Shares Open Account | Enquiry with ICICI Direct Open Account |
Marwadi Shares Vs ICICI Direct - Order Type
| Marwadi Shares | ICICI Direct | |
|---|---|---|
| Bracket Order/BO/OCO | N0 |
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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 Marwadi Shares Open Account | Enquiry with ICICI Direct Open Account |
Marwadi Shares Vs ICICI Direct - Research & Report
| Marwadi Shares | ICICI Direct | |
|---|---|---|
| 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 Marwadi Shares Open Account | Enquiry with ICICI Direct Open Account |
Marwadi Shares Vs ICICI Direct - Daily Market Report
| Marwadi Shares | ICICI Direct | |
|---|---|---|
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Enquiry with Marwadi Shares Open Account | Enquiry with ICICI Direct Open Account |
Marwadi Shares Vs ICICI Direct - Suitable For Investor
| Marwadi Shares | ICICI Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Enquiry with Marwadi Shares Open Account | Enquiry with ICICI Direct Open Account |
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. |
| Enquiry with Marwadi Shares Open Account | Enquiry with ICICI Direct Open Account |
Marwadi Shares Vs ICICI Direct - Background
| Marwadi Shares | ICICI Direct | |
|---|---|---|
| Enquiry with Marwadi Shares Open Account | Enquiry with ICICI Direct Open Account |
Marwadi Shares Vs ICICI Direct - Compare All Brokers
| Marwadi Shares | ICICI Direct | |
|---|---|---|
| Enquiry with Marwadi Shares Open Account | Enquiry with ICICI Direct Open Account |
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 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, .. + " Vs "+ ICICI Direct |
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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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 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 |
|
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| Direct Mutual Fund |
|
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| Enquiry with Marwadi Shares Open Account | Enquiry with ICICI Direct Open Account |