Trade Smart Online vs Marwadi Shares Comparison: 2024

About Trade Smart Online

Trade Smart is a well-known name in India’s Stock Broking industry, which is ranks well among the famous discount brokers in India.

Trade Smart: An Overview

Trade Smart is a Mumbai based broking firm, incorporated in 1994 by VNS Finance and Capital Ltd. It is the ideal spot for investors and traders looking for high margins with low brokerages and the fast trading platform. 

Trade Smart began with the vision to offer a smart and consistent trading experience to users through their various services and trading platforms. From that point forward, Trade Smart has left no efforts in utilizing innovative technology solutions for easement customers in trading. 

They have a daily trade value of Rs. 2500 crore with more than 17000 spangling customer base, which is growing day by day, providing their best facilities and national presence. Also, they have their branches at numerous locations across the nation, supported by no not exactly

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

Trade Smart Online vs Marwadi Shares Account Opening Charges: 2024

ChargeTrade Smart OnlineMarwadi Shares
Demat Account Opening Charges₹200₹0
Trading Acc Opening Charges₹200₹0
Trading Account AMC₹0₹0
Demat Account AMC₹300₹450 per year or one time fee of ₹2500

Trade Smart Online vs Marwadi Shares Brokerage Charges and Plans : 2024

ChargeTrade Smart OnlineMarwadi Shares
Plan NamePower Trading PlanN/A
Equity Delivery₹15 per executed order0.30%
Equity Intraday₹15 per executed order0.06%
Equity Futures₹15 per executed order0.02%
Equity Options₹15 per executed order₹100 per lot
Currency Futures₹15 per executed order0.02%
Currency Options₹15 per executed order₹100 per lot
Commodity Options₹15 per executed order0.02%
Mutual FundN/AN/A

Trade Smart Online vs Marwadi Shares Margin / Exposure: 2024

SegmentTrade Smart OnlineMarwadi Shares
Equity Delivery1x (No Margin)N/A
Equity IntradayUpto 30x N/A
Equity FutureMIS: 3X | BO: 7X | CO: 7XN/A
Equity OptionsMIS: 3X | BO: 7X | CO: 7XN/A
Currency FutureMIS: 3X | BO: 3X | CO: 3XN/A
Currency OptionsMIS: 3XN/A
Commodity FutureMIS: 2X | BO: 6X | CO: 6XN/A
Commodity OptionsN/AN/A

Trade Smart Online vs Marwadi Shares Currency Charges and Plans: 2024

Trade Smart Online charge ₹15 per executed order for Currency Futures and ₹15 per executed order for Currency Options whereas Marwadi Shares Charges 0.02% for Currency futures and ₹100 per lot for Currency options.

Trade Smart Online vs Marwadi Shares Commodity Charges and Plans: 2024

Trade Smart Online charge ₹15 per executed order for commodity and Marwadi Shares charge 0.02% for commodity.
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