Marwadi Online Review 2022, Brokerage Charges, Trading Platform and More

Marwadi Online Review

Marwadi Online is a Gujarat based financial service group dealing in equities/ commodities/ currencies broking & portfolio management services. In the last 23 years, Marwari has grown into a network of more than 90 branches with a 700+ committed human assets & 1450+ sub-brokers/ authorized persons across India. Marwari kept the faith of over 3.05 +lakhs investors & it’s growing. After establishing supremacy in Gujarat. Marwadi is now expanding nationwide & to fuel our growth plans we have raised capital from UK-based investment companies.

Website.www.marwadionline.com
Demat Account.NSDL & CDSL.
Trading Exchanges.NSE,BSE,MCX,MCX-SX,NCDEX.
Broker Type.Full-Service Broker.

Marwadi Online Account opening Charges.

Trading Account.No Info.
Demat account.No Info.
Commodity Account.No Info.
Trading Annual maintenance charges (AMC).Rs 300/year.

Marwadi Online Brokerage Charges & Margins.

1. The brokerage may vary from client to client on the basis of client profile.
2. Margins Based on the risk profile of the client & other factors.

Marwadi Online Trading Platform or Software.

Trading Platform or Software.ODIN, NSE NOW.
Web-based.NET LITE, NSE NOW.
Mobile Application.NOW, IWIN.

Marwadi Online Some Useful Services.

Online Trade Reports.YES.
Online PNL Reports.YES.
Intraday Chart Facility.5 Days.
End of Day Chart Facility.5 Years.
3 in 1 Account.NO.
Instant Fund withdrawal.NO.
Relationship Managers.YES.

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+1 Crore Happy Customers
Zero Brokerage on Equity Delivery Trades
Flat ₹20 or 0.03% (whichever is lower) for Intraday and F&O
Trade with the best platforms and tools

Marwadi Online Useful Details.

Price (Broker Type).Percentage-Based.
Headquarters City (Head Office).Mumbai(Maharashtra).
Total Branches (Presence).23 + bank branches.
Research & Tips.Yes, Research Provided.
Total Experience in Broking.17 Years of experience.
Year of Incorporation.1997.

Client Info & NRI Account Opining Regulations.

Current Active Client Base?More Than 12,000.
NRI Account Opening Allowed or Not.YES, It is Allowed.

Fund Transfers Service.

Number of bank linked to account.2+
Mode of payment (Withdraw &Deposit).Online, NEFT/RTGS, payment Gateway.
Fund payin processing time.Instant by payment Gateway.
Fund Payout processed (Working Days).1 Day.

Turnover & Other Charges.

Equity (Cash & Delivery) Turnover charges.NSE : 0.0034%, BSE : 0.0034.
Equity Futures Turnover charges.NSE : 0.0025%.
Equity Options Turnover charges.NSE : 0.065% on premium.
Currency Futures Turnover charges.NSE: 0.0012%, MCX : 0.0012%.
Currency Options Turnover charges.NSE: 0.025%, MCX : 0.025%.
Commodities Turnover charges.MCX : Non-Agri – 0.0021% , Agri: 0.0008%, NCDEX : 0.002%.
Dial & Trade charges.Rs.0.
DP Transaction charge.Only Rs 15-25 / Per Debit Transaction.

Support & Tools Available.

Brokerage calculator.Not Available.
Margin Calculator.Not Available.
Bracket orders & Trailing stoploss.Not Available.
Cover order.Not Available.
User guide & remote end support.Not Available.

Reports & Confirmation.

Contract notes on Email.Yes (Register Email ID).
Contract notes online.Yes (Register Email ID).
Periodical statement on Email.Yes (Register Email ID).
Trade confirmation on Email.Yes (Register Email ID).
Trade confirmation on SMS.Yes (Register Email ID).

Additional Features.

Charting (Intraday & EOD).YES.
Coding or Backtesting (Algo Trading).Not Available.
Referral program (Affiliate).Not Available.
Training & Education.Yes, Knowledge center.
Online trading community.Not Available.

Customer Care.

Contact Details.Register & Corporate Office.
Marwadi Financial Plaza,
Nana Mava Main Road,
Off 150 Feet Ring Road,
Rajkot-360001,
Gujarat(India).
Ph: 0281-6192000,2332001.
Call.Customer Care.
1800 22 7575 OR 1800 266 7575.
Email.[email protected]
Complaints or Grievances.[email protected]

Marwadi Online Review & Ratings

On the scale of 5 (0 is worst & 5 is best). Below are the review & rating for Marwadi Online

SummaryRatings
Customer Experience3.5 / 5
Trading Platform / Mobile APP4 / 5
Services4 / 5
Brokerage Charges5 / 5
Fund Add / Withdrawal4.5 / 5 
Overall Rating4 / 5
Star Rating★★★★
Review Counts1236

Sebi Registration.

SEBI REG. NO. MSFL (NSE INB/INF/ INE 230876034.
BSE INB/INF/ INE 010876036.
MCX-SX INB/INF 260876033 & INE 260876034.
USE INE270876035.
NSDL IN-DP-NSDL-98-99 CDSL IN-DP-CDSL-256-2004.
PMS INP000001280, AMFI ARN-42506), MCBPL.
(MCX 10305, FMC NO. MCX-MCX/TCM/CORP/0674 NCDEX 00087, FMC NO. NCDEX-NCDEX/TCM/CORP/0025,NSEL 12850, ACE 6171).
CIN of MSFL : U65910GJ1992PLC017544.
CIN of MCBPL : U74992GJ2001PTC040221.

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