Indiabulls vs Marwadi Shares Comparison: 2024
About Indiabulls
India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.
Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately 7 lakhs spread across 18 cities.
India Bulls Stock Broker: An overview
The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.
India bulls Shubh pioneered the online trading platform facility
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
Indiabulls vs Marwadi Shares Account Opening Charges: 2024
| Charge | Indiabulls | Marwadi Shares |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹500 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹450 | ₹450 per year or one time fee of ₹2500 |
Indiabulls vs Marwadi Shares Brokerage Charges and Plans : 2024
| Charge | Indiabulls | Marwadi Shares |
|---|---|---|
| Plan Name | Equity Unlimited Trade Plan | N/A |
| Equity Delivery | ₹0 | 0.30% |
| Equity Intraday | ₹0 | 0.06% |
| Equity Futures | ₹15 per trade | 0.02% |
| Equity Options | ₹15 per trade | ₹100 per lot |
| Currency Futures | ₹15 per trade | 0.02% |
| Currency Options | ₹15 per trade | ₹100 per lot |
| Commodity Options | 0.03% | 0.02% |
| Mutual Fund | N/A | N/A |
Indiabulls vs Marwadi Shares Margin / Exposure: 2024
| Segment | Indiabulls | Marwadi Shares |
|---|---|---|
| Equity Delivery | 1x (No margin) | N/A |
| Equity Intraday | Upto 5x | N/A |
| Equity Future | Intra-day: 4x | Carry forward: 1x | N/A |
| Equity Options | Intra-day: 4x | Carry forward: 1x | N/A |
| Currency Future | Intra-day: 2x | Carry forward: 1x | N/A |
| Currency Options | Intra-day: 2x | Carry forward: 1x | N/A |
| Commodity Future | N/A | N/A |
| Commodity Options | N/A | N/A |