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Marwadi Shares Group Review by A Digital Blogger

Marwadi Group Overview

Marwadi shares and finance limited is a full-service stockbroker based out of Rajkot, Gujarat. The 740+ employee strong broker is present in multiple locations with more than 95 branches and 1450 franchises across different parts of the country. Furthermore, the broker claims to have clients from more than 3400 locations with its offline presence boasting 2200+ trading terminals with its partners.

With membership of different bodies such as NSE, BSE, NSDL, CDSL, MCX, NCDEX,  the full service stock broker allows its clients to trade and invest across the following segments:

  • Equities
  • Commodity
  • Derivatives
  • IPO
  • Mutual Funds
  • Portfolio Management Services (PMS)
  • Insurance



Marwadi Group Trading Platforms

Marwadi Group has a pretty low focus when it comes to trading platforms. Be it the web-based browser application or terminal software, the broker provides out-sourced trading softwares, while they do maintain an in-house developed mobile application.

Clients of this full-service broking house get access to the following trading platforms:


This terminal based software is an outsourced 3rd party software provided to the clients of Marwadi Group. ODIN Diet is a mature terminal based trading application with multiple features and reasonable performance. Here are some of the features of this application:

  • Built-in features and intelligence that allows clients to look for market opportunities.
  • Allows users to develop and run multiple strategies for their technical and fundamental level trades.
  • This trading application is pretty exhaustive in terms of the number of features, especially for analysis.




NSE Now is a web-based trading solution that is also outsourced by Marwadi Group. It can be accessed using any prominent browser such as Chrome, Internet Explorer, Firefox etc. You, as a client, don't need to download or install anything to access trading. And the best part is, this can be accessed from any device be it, a mobile, laptop, tablet or a desktop.

NSE Now is responsive in nature and takes care of the screen resolution by itself, thus, providing you with an optimum user experience. Here are some of the features of NSE Now:

  • Lightweight application
  • Multiple charting types with technical indicators



Marwadi Trade Mobile App

The mobile app provided by this full-service stockbroker is quite basic in its design and functionality. The app looks inspired by other mobile trading apps such as iWin and provides an average user experience. Some of the features of the mobile app include:

  • Real-time market watch available
  • Multiple types of order reports such as Trade Book, Net position, Funds view etc provided




Marwadi Group Customer Service

The broker provides one of the worst services and support to its clients as well as to users looking to open a trading account with the broker. It is available to its clients through the following communication channels:

  • Email
  • Phone
  • Offline branches

The broker lags in multiple aspects when it comes to customer service. First of all, it needs to train its support team that they need to be courteous and polite while talking to users. We did a test run through 5 different users with different queries and concerns and one thing apart from casual ethics was the communication style of the support staff. They are pretty lazy and passive during interactions and it seems they are not even trained with all the requisite details and queries, a user might ask.

Furthermore, the broker needs to work on the turnaround time taken to resolve a query. At times, the nature of the concern requires immediate attention and the user has...


Marwadi Group Research

The broker provides research across fundamental and technical scales for various segments such as Equity, currency, commodity etc. However, there is no clear segregation of these research reports and recommendations at segment level.

Thus, users are advised to perform their technical as well fundamental analysis to subscribe to any advisory firm to get professional assistance instead of relying on this full-service broker for their recommendations. Using its research directly can be hazardous to your portfolio at both intraday as well as long-term level.


Marwadi Group Pricing


Marwadi Group Account Opening Charges

Marwadi Group Brokerage 

Use this Marwadi Group Brokerage Calculator for complete charges and your profit.

Marwadi Group Transaction Charges


For more information, you can check this detailed review of Marwadi Group.


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