Interactive Brokers vs Marwadi Shares Comparison: 2024
About Interactive Brokers
Interactive Brokers, found in 1978 is currently one of the biggest discount brokers in the world. Naturally, the broker is regulated by different financial authorities according to the country, including UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC), and India’s Securities and Exchange Board of India (SEBI). It has presence over a number of countries worldwide!
A one-stop solution for Indian residents interested in investing both in the Indian as well as the global markets.
Interactive Brokers: An Overview
Interactive Brokers has business on over 135 market destinations worldwide, where they provide service of trading stocks, options, futures, forex, fixed income and funds worldwide, executing about 1,746,000 trades per day.
Interactive Brokers has its headquarters in Greenwich, Connecticut. It functions with over 1400 employees in a number of countries like the USA, Switzerland, Canada, India, Hong Kong, UK, Australia, Hungary, Russia, Japan, China and Estonia.
In India, the
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
Interactive Brokers vs Marwadi Shares Account Opening Charges: 2024
| Charge | Interactive Brokers | Marwadi Shares |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹0 | ₹450 per year or one time fee of ₹2500 |
Interactive Brokers vs Marwadi Shares Brokerage Charges and Plans : 2024
| Charge | Interactive Brokers | Marwadi Shares |
|---|---|---|
| Plan Name | N/A | N/A |
| Equity Delivery | Minimum ₹6 and Upto ₹20 per executed order | 0.30% |
| Equity Intraday | Minimum ₹6 and Upto ₹20 per executed order | 0.06% |
| Equity Futures | Minimum ₹6 and Upto ₹20 per executed order | 0.02% |
| Equity Options | Minimum ₹6 and Upto ₹20 per executed order | ₹100 per lot |
| Currency Futures | Minimum ₹6 and Upto ₹20 per executed order | 0.02% |
| Currency Options | Minimum ₹6 and Upto ₹20 per executed order | ₹100 per lot |
| Commodity Options | N/A | 0.02% |
| Mutual Fund | N/A | N/A |
Interactive Brokers vs Marwadi Shares Margin / Exposure: 2024
| Segment | Interactive Brokers | Marwadi Shares |
|---|---|---|
| Equity Delivery | N/A | N/A |
| Equity Intraday | N/A | N/A |
| Equity Future | N/A | N/A |
| Equity Options | N/A | N/A |
| Currency Future | N/A | N/A |
| Currency Options | N/A | N/A |
| Commodity Future | N/A | N/A |
| Commodity Options | N/A | N/A |
Interactive Brokers vs Marwadi Shares Currency Charges and Plans: 2024
Other Comparisons of Interactive Brokers and Marwadi Shares
| Interactive Brokers | Marwadi Shares |
|---|---|
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