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Comparision (Marwadi Shares VS Upstox)

 

Marwadi Shares Vs Upstox

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.


Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Marwadi Shares Vs Upstox - Broker Details

Marwadi Shares Upstox
Single Margin Facility
Year of Incorporation 1992 2009
Exchanges NSE, BSE, MCX and NCDEX BSE, NSE and MCX
Branches 117+ 45
Brokerage ₹20/ Order ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Full Service Broker Discount Broker
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Account Opening & AMC Charges

Marwadi Shares Upstox
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹450/ Year one-time payment of ₹2500 ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Brokerage charges & Plans

Marwadi Shares Upstox
Commodity Futures ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Currency Futures ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹20/ Order ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹20/ Order ₹20/ Order
Commodity Options ₹20/ Order ₹20/ Order
Equity Futures ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/ Order ₹20/ Order
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Other Charges

Marwadi Shares Upstox
RMS Square Off Charge ₹0 (Free) (₹50 + GST)
API Charges ₹0 (Free) ₹750/ Month
Call & Trade Charges ₹20/ Order (₹50 + GST)
Other Brokerage Charges ₹20/ Order ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Transaction Charges

Marwadi Shares Upstox
Currency Options ₹4000/ Cr NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures ₹190/ Cr NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday ₹325/ Cr NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options ₹5000/Cr NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
Commodity Non-Agri: ₹260/Cr | Agri: ₹175/ Cr Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures ₹110/Cr NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Delivery ₹325/ Cr NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Margin (Exposure)

Marwadi Shares Upstox
Equity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Features

Marwadi Shares Upstox
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:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:35 PM Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Review & Rating

Marwadi Shares Upstox
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Request a call back from Broker

Marwadi Shares Upstox
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Investment Options

Marwadi Shares Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Order Type

Marwadi Shares Upstox
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Research & Report

Marwadi Shares Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Daily Market Report

Marwadi Shares Upstox
Daily Market Reports & News
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Suitable For Investor

Marwadi Shares Upstox
Casual Investor
Active Investor
Trader
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Pros & Cons

Marwadi Shares Upstox
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. • Brokerage free trading in Equity delivery segment, which means customer need not to pay any brokerage for delivery trades in equity. • For customers convenience, mobile trading app is available for both android and IOS platforms without any further software charges. • Both web and mobile has After Market Order (AMO), Cover Order (CO) or One Cancel OTHER (OCO) order. • Availability of stop loss in both web and mobile. • Availability of multiple indicators to monitor market. • Upstox bridge for Amibroker helps to code and execute the trading strategies. • Developer console from Upstox helps to build your own trading app. • Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. • Availability of Margin against shares. • For higher leverage, customers can opt for Priority Brokerage Package.
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. • Unavailability of unlimited monthly trading plans. • Extra charge of call and trade fee on per executed order. • In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. • In the basic plan of Upstox, brokerage free trading can be availed only in Equity Delivery Segment. For rest of the segments, brokerage is charged at ₹ 20 or lower per trade. • Even though Upstox basic plan provide brokerage free trading, still demat transaction charges has to be paid by the customer. In fact, if we compare the demat debit transaction charges of Upstox (₹21.83) with other discount brokers (₹15.93), it turns out to be really high. • No provision for stock tips and recommendations. • Unavailability of 3 in 1 account as company doesn’t provide banking services. • Customer support is time constraint. • From Jan 2018 Upstox NRI trading and demat accounts are no longer available. • Unavailability of margin funding on delivery trades.
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Background

Marwadi Shares Upstox
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Compare All Brokers

Marwadi Shares Upstox
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - STT/CTT

Marwadi Shares Upstox
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell side 0.025% only on sell
Equity Options 0.05% on sell side (on Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy & sell
Equity Futures 0.01% on sell side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Demat transaction charges

Marwadi Shares Upstox
Equity Demat Transaction Charges ₹25 + GST per scrip only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - GST

Marwadi Shares Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - SEBI Charges

Marwadi Shares Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Account Opening & AMC Charges

Marwadi Shares
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹450/ Year one-time payment of ₹2500
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)

Marwadi Shares Vs Upstox

Marwadi Shares Upstox
 

Marwadi Shares NRI Account Opening, Charges, Services Review

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 differe ..
+ " Vs "+ Upstox

Upstox NRI Account Opening, Charges, Services Review


Upstox NRI demat account


Upstox is one of the most popular discount brokers in the country and a large amount of people are interested in trading through upstox. NRI demat account upstox is a demat account service for who resides inside the country but also who live outside the country i. ..
 
 

Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Marwadi Shares Vs Upstox - Brokerage charges & Plans

Marwadi Shares Upstox
Commodity Futures ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Currency Futures ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹20/ Order ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹20/ Order ₹20/ Order
Commodity Options ₹20/ Order ₹20/ Order
Equity Futures ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/ Order ₹20/ Order
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Margin (Exposure)

Marwadi Shares Upstox
Equity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Other Charges

Marwadi Shares Upstox
RMS Square Off Charge ₹0 (Free) (₹50 + GST)
API Charges ₹0 (Free) ₹750/ Month
Call & Trade Charges ₹20/ Order (₹50 + GST)
Other Brokerage Charges ₹20/ Order ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - STT/CTT

Marwadi Shares Upstox
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell side 0.025% only on sell
Equity Options 0.05% on sell side (on Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy & sell
Equity Futures 0.01% on sell side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Demat transaction charges

Marwadi Shares Upstox
Equity Demat Transaction Charges ₹25 + GST per scrip only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - GST

Marwadi Shares Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - SEBI Charges

Marwadi Shares Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore
Call Back Enquiry Call Back Open Account

Marwadi Shares Vs Upstox - Features

Marwadi Shares Upstox
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:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:35 PM Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund
Call Back Enquiry Call Back Open Account

Marwadi Shares