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. |
Table of Contents
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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Zero Brokerage on Equity Delivery Trades
Flat ₹20 or 0.03% (whichever is lower) for Intraday and F&O
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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
| Summary | Ratings |
|---|---|
| Customer Experience | 3.5 / 5 |
| Trading Platform / Mobile APP | 4 / 5 |
| Services | 4 / 5 |
| Brokerage Charges | 5 / 5 |
| Fund Add / Withdrawal | 4.5 / 5 |
| Overall Rating | 4 / 5 |
| Star Rating | ★★★★ |
| Review Counts | 1236 |
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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