Marwadi Shares Review – Charges, Trading Platforms, Demat Account, Offers & more

Since its inception in 1992, Marwadi Shares has continually evolved its business model to provide unmatched value and services to individuals and families, enabling them to achieve their financial dreams.

With a humble beginning, Marwadi Shares has grown exponentially, establishing itself as a prominent retail broking house in India.

In this Marwadi Shares review article, we will delve into the success story of Marwadi Shares and explore the factors that have contributed to its rise in the stock broking industry, Marwadi Shares charges, services offered, and more.

Why trade or invest with Marwadi Shares?

With over 1.19 lakh clients, the Marwadi Shares account is a trusted choice for trading and investing.

Their subscription charges are zero, making it accessible for all. The firm offers multiple trading platforms, ensuring convenience and flexibility.

Marwadi Shares has built a reputation for reliability and expertise as an old and established brand. Join the thousands who have chosen Marwadi Shares to trade and invest in the financial market.

Marwadi Shares brokerage fee equals 0.03% of the total value of transactions involving Equity Intraday, Equity Future, Commodity Future, and Currency Future.

Commodity Option and Currency Option trades have a fixed cost of Rs.50 per lot.

Regarding Equity Delivery, the brokerage stands at 0.30% of the transaction value, and for Equity Options, the charge is Rs.100 per lot.

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How to open a Marwadi Shares Demat Account?

Here is a step by step process to open marwadi shares account.

• Please provide your information below to begin starting a Marwadi Shares Demat Account.
• After filling out the form, Marwadi Shares representatives will contact you and assist and guide you through the account opening process.
• Smoothly verify by providing all the required documents and identification papers.
• After completing the verification process, your account will be officially set up, giving you access to your login credentials.

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This Marwadi Shares review article provides info regarding various trading platforms to suit the needs of different traders and investors.

They provide dedicated applications for Android and iOS devices, enabling seamless mobile trading experiences.

Additionally, their web trading platform ensures convenient access through any web browser. For traders seeking advanced features, Marwadi Shares offers a robust trading terminal.

Furthermore, they provide a user-friendly platform for investing in mutual funds.

Here is the list of features for Mobile share Apps, tools, and trading platforms, have a look:

Marwadi Shares App:

Here are various features of Marwadi Shares App.

• Marwadi Shares presents an interactive platform that allows you to effectively monitor and keep tabs on your orders related to stocks and various other financial instruments.
• Stay updated with Marwadi Shares as they provide live market updates, delivering real-time information on stock prices, indices, and other crucial market data.
• Marwadi Shares also provides a watchlist feature, where you can create a personalized list of stocks or other financial instruments that you want to keep an eye on.
• Marwadi Shares also offers stock screeners, tools that allow you to filter and search for stocks based on specific criteria.

Marwadi Shares Web Trading Platform:

Here are various features of Marwadi Shares Web Platform.

• You gain the ability to execute a wide range of orders, such as market orders, stop orders, limit orders, and additional options, empowering you with diverse trading strategies.
• The platform also provides access to real-time market data, including stock prices, indices, charts, and other relevant financial information.
• The platform allows you to manage your trading account, including accessing account information, portfolio details, and transaction history.

Marwadi Shares Trading Terminal:

Here are various features of Marwadi Shares Desktop Platform.

• The terminal offers a wide range of technical analysis tools and indicators.
• Traders can customize charts, layouts, colour schemes, and indicators based on specific needs and preferences.
• Clients can also seamlessly execute trades by conveniently placing, adjusting, and canceling orders directly within the platform.

Marwadi Shares Mutual Funds Investment Platform:

Here are various features of Marwadi Shares MF Investment Platform.

• Marwadi Shares provides various mutual funds for investment, including equity, debt, and balanced funds.
• Multiple types of mutual funds are available such as equity funds, debt funds, balanced funds, index funds, gold funds, international funds, tax-saving funds, and retirement funds.
• Seamless transaction processing for investing, redeeming, and switching funds.

• Marwadi Shares offers adaptable brokerage plans that allow clients to select a program that aligns with their trading preferences and needs.
• Clients can access free research reports from Marwadi Shares’ experienced analysts.
• Marwadi Shares provides complimentary trading calls to its clients, offering valuable suggestions and in-depth analysis of prospective trading opportunities in the market.
• Marwadi Shares encourages clients to introduce their friends and family to the platform by offering a referral bonus of Rs.250 for each successful referral made by the client.
• Marwadi Shares gives margin funding facilities to eligible clients.

Marwadi Shares SWOT Analysis

We have mentioned the SWOT analysis for Marwadi Shares below:

Strengths:

• Marwadi Shares enjoys a reputation as an old and trusted brand in the market.
• Marwadi Shares offers versatile brokerage plans, empowering investors to choose a plan that perfectly matches their trading preferences and goals.
• With over 1.19 lakh active clients, Marwadi Shares has built a substantial customer base, reflecting its ability to attract and maintain investors.
• Marwadi Shares stands out with its highly affordable equity delivery and intraday rates.

Weaknesses:

• Marwadi Shares currently does not offer an algorithmic trading platform.
• The firm does not provide a free Annual Maintenance Charge (AMC) for maintaining a trading or demat account.
• Marwadi Shares doesn’t offer free account opening, unlike other stock broking companies.

Opportunities:

• Offer socially responsible investment options and cater to the demand for ethical investing.
• Explore new markets for business expansion and growth.
• Combine automated investment algorithms with human expertise for personalized advice and portfolio management.

Threats:

• Adapting to new compliance requirements imposed by financial authorities.
• Exposure to data breaches and cyberattacks, compromising client information.
• Decreased investor confidence and reduced trading volumes during economic downturns.

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Marwadi Shares has a distinguished research team. Check out various reports they provide.

• Marwadi Shares trading account provides fundamental reports that analyze companies’ financial health, industry position, and prospects.
• Detailed company reports are available, providing in-depth analysis of individual companies.
• Marwadi Shares prepares research reports that offer a broader market outlook and analysis.
• They provide technical reports that primarily center around price patterns, market trends, and a range of technical indicators.
• Marwadi Shares also gives out stock tips and recommendations to clients.
• Marwadi Shares also assigns a relationship manager to each client.

• Marwadi Shares enable investors to trade in equity delivery; commodity F&O carry forward, currency F&O and equity F&O move forward positions with a margin of 1x.
• Intraday equity traders can leverage their trades up to 5x, depending on the selected stocks.
• For equity F&O intraday and commodity F&O intraday trading, Marwadi Shares leverage equals 1.3x, maximizing traders’ trading capital.

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Marwadi Shares customer care details are mentioned below:

• Free trading support for any trading-related queries.
• Benefit from the expertise of a dedicated dealer who provides personalized assistance and guidance.
• Call support is available at 0281-7174000.
• Email support at [email protected].
• Their website, Facebook, Twitter, and Telegram support is also available.
• Physical offices for in-person assistance.

Marwadi Shares complaints equal to 14 13 have been successfully resolved.

This translates to a commendable resolution rate of 92.86%, indicating the company’s commitment to addressing and resolving customer concerns.

Marwadi Shares Charges

Check out the list of changes levied by the stock broker.

• Marwadi Shares Account Opening Charges are Rs. 250. This represents the initial fee for establishing a trading and Demat account with Marwadi Shares.
• The Annual Maintenance Charge (AMC) is Rs. 450 per Year.

 The stamp duty rates are as follows:

• Equity Delivery: 0.015% on the buy transaction
• Equity Intraday, Equity Option, Commodity Option: 0.003% on the buy transaction
• Equity Future, Commodity Future: 0.002% on the buy transaction
• Currency Future, Currency Option: 0.0001% on the buy transaction

 Marwadi Share hidden charges that you should be aware of are:

• SEBI Turnover Charges: Rs. 10 per crore of turnover in all segments.
• DP Charges: Rs. 20 per scrip on sell transactions. These charges are associated with the dematerialization of physical share certificates.
• GST: 18% on the total brokerage, SEBI turnover, and transaction charges.
• Dematerialization Charges: Rs. 22 per certificate. These charges apply when converting physical share certificates into electronic/demat form.

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Marwadi Shares Review – Conclusion

In the following Marwadi Shares review article, we learn that the firm offers many services and solutions for investors.

With a user-friendly interface, advanced trading platforms, and robust research tools, they empower investors to make well-informed decisions.

Their dedication to customer support ensures a seamless trading experience.

Additionally, their competitive charges and transparent fee structure make them an attractive choice for investors seeking value for their money.

Marwadi Shares hold great potential for individuals looking to venture into the stock market confidently and conveniently.

Marwadi Shares FAQs

Here is the list of FAQs related to the Marwadi Shares Review.

Is Marwadi Shares a Safe Broker?

Yes, Marwadi Shares enjoys a reputation as a reliable and trustworthy broker.

Is Marwadi Shares suitable for beginner traders?

Marwadi Shares serves as an excellent platform for beginners.

How large is the client base of Marwadi Shares?

Marwadi Shares boasts an extensive customer base, with over 1.19 Lakh active clients.

Who established Marwadi Shares?

Marwadi Shares was founded by Ketan H Marwadi.

Is free delivery trading available with Marwadi Shares?

No, Marwadi Shares does not offer free delivery trading. They charge a rate of 0.30% for delivery trading.

What are the charges for intraday trading in Marwadi Shares?

The charges for intraday trading with Marwadi Shares are set at 0.03%.

What are the F&O charges at Marwadi Shares?

Marwadi Shares charges 0.03% of the transaction value for futures trading and Rs. 100 per lot for options trading.

Are there charges for commodity trading with Marwadi Shares?

Yes, Marwadi Shares do charge for commodity trading. The costs are 0.03% of the value for futures trading and Rs. 50 per lot for options trading.

Do Marwadi Shares apply charges for currency trading?

Yes, Marwadi Shares levies a charge of 0.03% for currency futures trading and Rs. 50 per lot for currency options trading.

Does Marwadi Shares provide research services?

Yes, Marwadi Shares offers research and advisory services to its clients.

How can I contact Marwadi Shares Customer Care?

You can reach Marwadi Shares Customer Care by emailing [email protected] or calling 0281-7174000.

What is the Annual Maintenance Charge (AMC) at Marwadi Shares?

Marwadi Shares has an Annual Maintenance Charge (AMC) of Rs. 450 per year.

What are the Account Opening Fees at Marwadi Shares?

The Account Opening Fees at Marwadi Shares amount to Rs. 250.

What are the charges for Pledge Creation in Marwadi Shares?

Marwadi Shares charges Rs—50 per scrip for Pledge Creation.

What are the fees for Pledge Invocation in Marwadi Shares?

Marwadi Shares levies Rs. 25 per scrip for Pledge Invocation.

Does Marwadi Shares charge interest on Margin Trade Funding?

Yes, Marwadi Shares charges interest on Margin Trade Funding at 0.072% daily.

What are the DP Charges at Marwadi Shares?

Marwadi Shares applies DP charges of Rs. 20 per scrip on sell transactions.

Are there any fees for Account Closure with Marwadi Shares?

Marwadi Shares does not charge any fees for Account Closure.

What are the fees for Account Reactivation in Marwadi Shares?

There are no fees for Account Reactivation at Marwadi Shares.

What are the charges for Call & Trade at Marwadi Shares?

Marwadi Shares does not impose any charges for Call & Trade services.