Marwadi Shares: Commodity Trading: Brokerage, Charges, Reviews: 2024

Marwadi shares is a stockbroker that offers commodity trading services to users through the MCX. The brokerage fee charged on commodity trading is 0.02%.

Marwadi shares is a financial company that offers trading services in currency, commodity, IPO and other segments of the NSE, BSE, MCX and NCDEX. Moreover, they are depository participants with NSDL and CDSL. The broker has well over 95 branches in the country with 1400+ franchises. Furthermore, in 2019-2020, it had well over 82,000+ actives users.

Commodity Trading through Marwadi shares

Commodity trading that is offered by Marwadi shares can be executed through its dedicated trading portals. These portals include Odien Diet, NSE Now and Marwadi mobile app. The applications are quite detailed and offer a broad range of services and features to make your trading venture as simple as possible.

The brokerage fee charged on every commodity transaction is 0.02% of the entire lot. These are brokerage calculators available for easy calculation of adequate margins. Moreover, the transaction charges for the commodity segment is 0.0030%. the margins offered by the stockbroker for the commodity segment is up to 2 times for intraday.

Advantages of trading in the Commodity segment through Marwadi shares

1. Dedicated support for all issues.
2. User-friendly trading experience through its tools.
3. Trade-in metals, bullions and other options under the commodity segment.
4. Multiple trading tools ranging from web, desktop and mobile.
5. Timely research advice.

Disadvantages of trading in the Commodity segment through Marwadi shares

1. Research offered isn’t up to the mark.
2. Margins are relatively low.
3. Customer service is there but subpar when compared to the competition.
4. Trading tools offered are outsourced and not in house.

Marwadi shares is not a very popular stockbroker in the country. Although everything might seem fine and dandy, inevitable let-downs such as lower margin might drive away potential customers. The trading tools are quite old when compared to its competition.