Angel Broking vs Marwadi Shares Comparison: 2024
About Angel Broking
In this post, you'll know about Angel Broking Trading and Demat Account Opening and Brokerage Charges. You can also have a sneak peak into the Angel Broking apps and important features.
Angel Broking: An Overview
Angel Broking is a leading stock broking and wealth management firm. The company was founded in 1987 and has grown over the years as a leading Financial Investment service provider in India. Angel Broking serves more than 1 million customers with its presence in 900+ cities with 8500+ strong network of sub-brokers.
So, let's begin with the wide range of products and services that Angel Broking offers you.
Angel Broking: Product and Services Offered
- Equity
- Initial Public Offering (IPO)
- Commodity Trading
- Currency Trading
- Derivatives
- Life Insurance
- Mutual Funds
- Portfolio Management Service (PMS)
- Depository Services
- Investment Advisory
- Offline to Online conversion
- Intraday Trading
It provides the iTrade Prime (Flat fee) Trading Plan which has Free Equity Delivery and
About Marwadi Shares
Marwadi Shares and Finance Ltd. is a financial service provider company operating in the financial markets for almost 3 decades. This full-service brokerage company is one of the leading in India that has been ranked amongst the top 10 in the BSE ratings multiple times.
Marwadi Shares: Overview
Marwadi Shares is a Gujarat based broking firm facilitating broking as well as Wealth management services. They are spread across 104 branches nationwide and employ more than 1400 authorized sub-brokers assisting a client base of 4 lakh plus. Founded in 1992 by Pranav M. Shah, Marwadi Shares and Finance Ltd. is affiliated and licensed to trade in NSE, BSE, NCDEX, MCX security exchanges. The company is also a Depository Participant of NCDL and CDSL.
It facilitates trading in a wide segment of securities ranging from equity, derivatives, currency to mutual Funds, and insurance. They cater to the needs of retail as well as an
Angel Broking vs Marwadi Shares Account Opening Charges: 2024
| Charge | Angel Broking | Marwadi Shares |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹600 (One-time) | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹450 (from 2nd year onwards) | ₹450 per year or one time fee of ₹2500 |
Angel Broking vs Marwadi Shares Brokerage Charges and Plans : 2024
| Charge | Angel Broking | Marwadi Shares |
|---|---|---|
| Plan Name | iTrade Prime | N/A |
| Equity Delivery | ₹0 | 0.30% |
| Equity Intraday | Flat ₹20 per executed order | 0.06% |
| Equity Futures | Flat ₹20 per executed order | 0.02% |
| Equity Options | Flat ₹20 per executed order | ₹100 per lot |
| Currency Futures | Flat ₹20 per executed order | 0.02% |
| Currency Options | Flat ₹20 per executed order | ₹100 per lot |
| Commodity Options | Flat ₹20 per executed order | 0.02% |
| Mutual Fund | N/A | N/A |
Angel Broking vs Marwadi Shares Margin / Exposure: 2024
| Segment | Angel Broking | Marwadi Shares |
|---|---|---|
| Equity Delivery | Upto 3x | N/A |
| Equity Intraday | Upto 10x | N/A |
| Equity Future | Upto 4x | N/A |
| Equity Options | 3x for shorting | N/A |
| Currency Future | Upto 2x | N/A |
| Currency Options | Upto 5x for shorting | N/A |
| Commodity Future | 3x | N/A |
| Commodity Options | N/A | N/A |