Marwadi Shares vs Kotak Securities Comparison: 2024

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

About Kotak Securities

Kotak Mahindra Bank is a renowned bank that has well-established itself in the country and a pioneer in embracing newer technological implementations in the banking sector. It has thrived in offering surplus services and features to its customers to simplify the overall banking process.

With this, Kotak Mahindra also offers Kotak Securities, a subsidiary under its name that provides traders and investors alike to trade in the Stock Market. As a broker, it provides quite an impressive array of features and services, which does come in handy while trading and investing in the stock market.

Kotak Securities: An Overview of the Stock Broker

Established in 1994 in Mumbai, Kotak Securities comes under Kotak Mahindra Bank and offers services related to investing and trading in the stock market. Financial services are also included. The bank is targeted primarily towards India and has a broad chain of outlets that spans 1209 branches handling well

Marwadi Shares vs Kotak Securities Account Opening Charges: 2024

ChargeMarwadi SharesKotak Securities
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹0₹750
Trading Account AMC₹0₹0
Demat Account AMC₹450 per year or one time fee of ₹2500₹600 per year

Marwadi Shares vs Kotak Securities Brokerage Charges and Plans : 2024

ChargeMarwadi SharesKotak Securities
Plan NameN/AFixed Brokerage Plan
Equity Delivery0.30%0.49%
Equity Intraday0.06%0.049% (both side)
Equity Futures0.02%0.049% (both side)
Equity Options₹100 per lot₹300 per lot
Currency Futures0.02%N/A
Currency Options₹100 per lotN/A
Commodity Options0.02%Futures 0.070%
Mutual FundN/AN/A

Marwadi Shares vs Kotak Securities Margin / Exposure: 2024

SegmentMarwadi SharesKotak Securities
Equity DeliveryN/AN/A
Equity IntradayN/AN/A
Equity FutureN/AN/A
Equity OptionsN/AN/A
Currency FutureN/AN/A
Currency OptionsN/AN/A
Commodity FutureN/AN/A
Commodity OptionsN/AN/A

Marwadi Shares vs Kotak Securities Commodity Charges and Plans: 2024

Marwadi Shares charge 0.02% for commodity and Kotak Securities charge Futures 0.070% for commodity.
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