Edelweiss vs Marwadi Shares Comparison: 2024
About Edelweiss
Edelweiss Broking Ltd. is a full-time broker company operating in the capital market for more than a decade. It is part of the Edelweiss Group, one of the leading companies that provide financial services in India. It's products and services span multi-asset classes and caters to a diversified set of clients including corporations. individuals and organizations. Claiming to be your wealth advisor, Edelweiss has earned several awards in the category of best broking and digital services over the years.
Edelweiss Broking Ltd: An Overview
Founded back in 1995, The Edelweiss group commenced the commodity trading business in 2008. It is a Mumbai-based share broking company with a client base of 12 lakh spread across 200 locations in India. One of the biggest milestones of Edelweiss was the acquisition of The Jaypee Morgan Asset Management Company(AMC) in 2016. It is a registered broker with the NSE, BSE, MCX and NCDEX exchanges that
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
Edelweiss vs Marwadi Shares Account Opening Charges: 2024
| Charge | Edelweiss | Marwadi Shares |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹500 p.a. (For 1st year: Free) | ₹450 per year or one time fee of ₹2500 |
Edelweiss vs Marwadi Shares Brokerage Charges and Plans : 2024
| Charge | Edelweiss | Marwadi Shares |
|---|---|---|
| Plan Name | Lite Plan | N/A |
| Equity Delivery | ₹10 per executed order | 0.30% |
| Equity Intraday | ₹10 per executed order | 0.06% |
| Equity Futures | ₹10 per executed order | 0.02% |
| Equity Options | ₹10 per executed order | ₹100 per lot |
| Currency Futures | ₹10 per executed order | 0.02% |
| Currency Options | ₹10 per executed order | ₹100 per lot |
| Commodity Options | N/A | 0.02% |
| Mutual Fund | N/A | N/A |
Edelweiss vs Marwadi Shares Margin / Exposure: 2024
| Segment | Edelweiss | Marwadi Shares |
|---|---|---|
| Equity Delivery | Upto 10x | N/A |
| Equity Intraday | Upto 40x | N/A |
| Equity Future | 40x | N/A |
| Equity Options | Nil | N/A |
| Currency Future | 1.5x | N/A |
| Currency Options | Nil | N/A |
| Commodity Future | Upto 6x | N/A |
| Commodity Options | N/A | N/A |