Marwadi Shares vs Sharekhan 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 Sharekhan
One of the largest full service broker, Sharekhan is based in Mumbai, and has a client base of more than 17 lakh accounts. Sharekhan, is one of the biggest names in Indian equity and derivative trading and was a pioneer in the field of online trading. Sharekhan’s holding company is BNP Paribas, a Euronext Paris Stock Exchange listed entity with a history in banking. It is regulated by Securities and Exchange Board of India (SEBI).
Sharekhan: Overview
Sharekhan was established in the year 2000 in Mumbai, Maharashtra. Originally, Sharekhan was a subsidiary of SSKI Group and it later got acquired by BNP Paribas Group. Sharekhan’s network is spread over 550 cities. Here, they are spread out in over 1850 offices, with a presence in middle-eastern countries like Oman and UAE.
Sharekhan offers a wide range on investment and advisory services like market news, comprehensive research reports, stock quotes, fundamental and statistical analysis
Marwadi Shares vs Sharekhan Account Opening Charges: 2024
| Charge | Marwadi Shares | Sharekhan |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹450 per year or one time fee of ₹2500 | ₹400 (Free for 1st year with trading account) |
Marwadi Shares vs Sharekhan Brokerage Charges and Plans : 2024
| Charge | Marwadi Shares | Sharekhan |
|---|---|---|
| Plan Name | N/A | Classic Account |
| Equity Delivery | 0.30% | 0.50% |
| Equity Intraday | 0.06% | 0.10% |
| Equity Futures | 0.02% | 0.10% |
| Equity Options | ₹100 per lot | ₹50 per lot |
| Currency Futures | 0.02% | 0.10% |
| Currency Options | ₹100 per lot | ₹30 per lot |
| Commodity Options | 0.02% | 0.03% |
| Mutual Fund | N/A | N/A |
Marwadi Shares vs Sharekhan Margin / Exposure: 2024
| Segment | Marwadi Shares | Sharekhan |
|---|---|---|
| Equity Delivery | N/A | Upto 5x |
| Equity Intraday | N/A | Upto 10x |
| Equity Future | N/A | 2x |
| Equity Options | N/A | Nil |
| Currency Future | N/A | Nil |
| Currency Options | N/A | Nil |
| Commodity Future | N/A | Upto 2x |
| Commodity Options | N/A | N/A |