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Motilal Oswal Vs Mangal Keshav: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Motilal Oswal ranges between 0.02 to 0.20% while the brokerage of Mangal Keshav ranges between 0.03% to 0.30%. Both the brokers are Full Service brokers. Motilal Oswal is having overall higher rating compare to Mangal Keshav. Motilal Oswal is rated 4 out of 5 where Mangal Keshav is rated only 3 out of 5. Number of active customer for Motilal Oswal is 8,93,218 where number of active customer for Mangal Keshav is 7,063. Motilal Oswal is serving more customer compare to Mangal Keshav.

Here we present side-by-side comparison of Motilal Oswal vs Mangal Keshav share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Motilal Oswal vs Mangal Keshav's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Motilal Oswal vs Mangal Keshav share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Motilal Oswal vs Mangal Keshav's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Motilal Oswal vs Mangal Keshav on Service

  Motilal Oswal Compare
Motilal Oswal
Mangal Keshav Compare
Mangal Keshav
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 8,93,218 7,063
Broker Overview Extensive range of asset classes, award-winning research, personalized advisory services, great customer service, and dedicated MO Trader and MO Investor app are the key reasons that make Motilal Oswal an excellent broker for traders and investors. Mangal Keshav being an active member of BSE since 1939 is one of the oldest stock broking houses in India. Multi-product avenues, all types of trading platforms (web, app, and desktop software), research-driven tips & advisory, portfolio manageme...Know more about Mangal Keshav
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Account Opening Charges and AMC

Compare Motilal Oswal vs Mangal Keshav on Trading & Demat Account Opening Charges

Comparison of Motilal Oswal with Mangal Keshav on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account where Mangal Keshav charges Rs 750 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal with Mangal Keshav
Charges Motilal Oswal Mangal Keshav
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 per annum [Free for 1st year] Rs 750 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Motilal Oswal vs Mangal Keshav on Plan Options

Plans are the most important feature you look when compare Motilal Oswal with Mangal Keshav. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Motilal Oswal with Mangal Keshav on Plan Options
Plan Types Motilal Oswal Mangal Keshav
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

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Brokerage Charges

Compare Motilal Oswal vs Mangal Keshav on Brokerage Charges

Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.

Mangal Keshav Brokerage Plan detail - This is a standard plan by Mangal Keshav. This is a % based brokerage plan. Brokerage is between .03% to .30%, which is 3 paisa to 30 paise per 100 rs.

Brokerage Charges - Compare Motilal Oswal with Mangal Keshav
Brokerage Charges Compare Motilal Oswal Mangal Keshav
Plan Name Default Brokerage Plan Standard Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.20% 0.30% or 30 paisa
Equity Intraday 0.02% 0.03% or 3 paisa
Equity Futures 0.02% 0.03% or 3 paisa
Equity Options Rs 20 per lot Rs 100 Per Lot
Currency Futures Rs 20 per lot 0.03% or 3 paisa
Currency Options Rs 20 per lot Rs 50 Per Lot
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot 0.03% or 3 paisa
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges NA NA
Auto Square off Charges NA NA
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Mangal Keshav
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Share Broker's Transaction Charges

Compare Motilal Oswal vs Mangal Keshav on Transaction Charges

Compare Motilal Oswal with Mangal Keshav on transaction charges and PCM fee by segment.

Transaction Charges - Compare Motilal Oswal with Mangal Keshav
Transaction Charges Compare Motilal Oswal Mangal Keshav
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for mangal-keshav
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Account Features

Compare Motilal Oswal vs Mangal Keshav on Account Features

Compare Motilal Oswal with Mangal Keshav on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Mangal Keshav offers Algo Trading where Motilal Oswal doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Motilal Oswal with Mangal Keshav
Account Features Compare Motilal Oswal Mangal Keshav
3 in 1 Account No Motilal Oswal have 2-in-1 account. Only Demate and Trading account. No Motilal Oswal have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Motilal Oswal vs Mangal Keshav on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal and Mangal Keshav. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Motilal Oswal with Mangal Keshav
Trading Platform Compare Motilal Oswal Mangal Keshav
Desktop Trading Platform Orion Lite Mangal Trader
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://power.motilaloswal.com/MOSL/userMaster/login Mangal Keshav Web Trading Platform
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App MO Trader Mangal Trader
Mobile Trading App Demo MO Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MO Trader Download Andriod Mangal Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MO Trader Download iOS Mangal Trader Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Mangal Keshav
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Mangal Keshav
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Mangal Keshav
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for mangal-keshav

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Broker Ratings by Users

Compare Motilal Oswal vs Mangal Keshav on User Rating

  Motilal Oswal Mangal Keshav
  57 Customer Reviews    Rate Motilal Oswal 1 Customer Reviews    Rate Mangal Keshav
Fees Ratings 3.2 5.0
Trading Brokerage Rating 2.6 5.0
Trading Platform Usability 3.2 4.0
Customer Service Ratings 3.0 4.0
Overall Ratings 3.0 5.0
Broker Rating Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews Mangal Keshav is Rated 5.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Motilal Oswal vs Mangal Keshav on Investment Offerings

Compare Motilal Oswal with Mangal Keshav on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Motilal Oswal provide PMS Service where Mangal Keshav doesn't offer

Investment Offerings - Compare Motilal Oswal with Mangal Keshav
Investment Offerings Compare Motilal Oswal Mangal Keshav
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Motilal Oswal vs Mangal Keshav on Order Types

Order Type - Compare Motilal Oswal with Mangal Keshav on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Motilal Oswal provide Cover Orders (CO) where Mangal Keshav doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Motilal Oswal provide Bracket Orders (BO) where Mangal Keshav doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Motilal Oswal offers Good Till Cancelled (GTC) orders where Mangal Keshav doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Motilal Oswal with Mangal Keshav
Order Type Compare Motilal Oswal Mangal Keshav
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Motilal Oswal vs Mangal Keshav on Customer Service

Compare Motilal Oswal with Mangal Keshav on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Motilal Oswal with Mangal Keshav
Customer Service Compare Motilal Oswal Mangal Keshav
24/7 Customer Service Motilal Oswal vs Mangal Keshav - 24x7 customer support No No
Email Support Motilal Oswal vs Mangal Keshav - Email Support Yes Yes
Onine Live Chat Motilal Oswal vs Mangal Keshav - Onine Live Chat No No
Phone Support Motilal Oswal vs Mangal Keshav - Phone Support Yes Yes
Toll Free Number Motilal Oswal vs Mangal Keshav - Toll Free Number No Yes
Through Branches Motilal Oswal vs Mangal Keshav - Through Branches Yes Yes
Customer Care Number Motilal Oswal vs Mangal Keshav - Customer Care Number 022 40548000/022 67490600 +91 22 6190 8000
Account Opening Process Motilal Oswal vs Mangal Keshav - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Motilal Oswal vs Mangal Keshav - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Motilal Oswal vs Mangal Keshav - Knowledge Center/Education https://edumo.motilaloswal.com/ https://www.mangalkeshav.com/knowledge-panel
Head Office Address Motilal Oswal vs Mangal Keshav - Head Office Address/Corporate Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Info Not Available
Website Motilal Oswal vs Mangal Keshav - Company Website https://www.motilaloswal.com/ https://www.mangalkeshav.com/
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Tips/Research/Reports Published

Compare Motilal Oswal vs Mangal Keshav on Research Reports, Tips

Compare Motilal Oswal with Mangal Keshav on research reports and tips provided by the broker.

Research Reports - Compare Motilal Oswal with Mangal Keshav
  Motilal Oswal Mangal Keshav
Research Mutual Funds Motilal Oswal vs Mangal Keshav - Research Mutual Funds Yes Yes
Research Equity Reports Motilal Oswal vs Mangal Keshav - Research Equity Reports Yes Yes
Research ETF Motilal Oswal vs Mangal Keshav - Research ETF Yes Yes
Daily Market Report Motilal Oswal vs Mangal Keshav - Daily Market Report Yes Yes
Free Tips Motilal Oswal vs Mangal Keshav - Free Tips Yes Yes
Quarterly Result Analysis Motilal Oswal vs Mangal Keshav - Quarterly Results Yes Yes
News Alerts Motilal Oswal vs Mangal Keshav - Yes Yes
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Demat Account

Compare Motilal Oswal vs Mangal Keshav on Demat Account

Compare Motilal Oswal with Mangal Keshav on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Mangal Keshav is ₹1000 Refundable deposit where for Motilal Oswal is ₹400 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Motilal Oswal is 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) where for Mangal Keshav is 0.05% of transaction value (Min ₹100).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Motilal Oswal with Mangal Keshav
  Motilal Oswal Mangal Keshav
DP Source CDSL CDSL
DP ID Motilal Oswal vs Mangal Keshav - DP ID 10900 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹1000 Refundable deposit
Advance Deposit NIL Deposit Scheme ? Rs.1000/-, where AMC will not be charged and amount will be refundable at Time of Closure of demat account. If the account is closed prior to one year deposit amount will not be refunded.
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.05% of transaction value (Min ₹100)
Demat ₹50 per certificate + ₹50 courier charges ₹100 per certificate + ₹150 courier charges
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹100 per certificate + ₹150 courier charges + CDSL charges
Pledge Creation ₹35 0.02% of transaction value + CDSL charges
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹35 0.02% of transaction value + CDSL charges
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹35 0.02% of transaction value + CDSL charges
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Mangal Keshav on Special Offers and Promotion

Compare Motilal Oswal with Mangal Keshav on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Motilal Oswal vs Mangal Keshav on Special Offers and Promotion
  Motilal Oswal Mangal Keshav
Pay In and Pay Out Options Motilal Oswal vs Mangal Keshav - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from MO Desktop or MO Trader or MO Investor Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Motilal Oswal vs Mangal Keshav - Payout Time Max 24 hrs except bank holidays. Info Not Available
Bank Supported and Charges Motilal Oswal vs Mangal Keshav - Bank Supported and Charges Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. Info Not Available
Bank Detail Info Not Available Info Not Available
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There are enormous benefits or advantages of trading with Motilal Oswal. Here are the reasons that make it a good fit for both traders and investors;

  • Choice of asset classes i.e., equities, derivatives, commodities, and currencies.
  • Free Demat and trading account opening.
  • Zero maintenance fee for 1st year.
  • Free mobile app for traders (Trader App) and investors (Investor App).
  • Invest in mutual funds and IPOs for free.
  • Free research reports & recommendations.
  • Safe & secure fund transfer with 39+ banks.
  • Access features; StockSIP, IAP (Algorithm advisory), and improve my portfolio (PR).
  • Margin trading and margin against shares
  • Free call & trade service.
  • EDUMO (free learning platform) for beginners, intermediate, and advanced traders.

Detail Review...

  • Zero Demat account opening charges.
  • One stop for all trading & investment products & services.
  • Trade on mobile app, web, and desktop applications.
  • Robust back-office system.
  • Easy deposit and withdrawal process.
  • Invest in IPO and mutual funds.
  • Get tailor-made portfolio suggestions with PMS services.
  • Market analysis, micro & macro research, equity research, mutual funds research, etc.
  • Dedicated relationship manager (RM).
  • Margin Trading Facility (MTF) is available.
  • Knowledge panel and blogs for beginners.

Detail Review...

Dislikes

There are some drawbacks or disadvantages that might discourage you to not opening an account with Motilal Oswal. Here are some important trading cons;

  • High brokerage charges
  • Unlike many full-service brokers like Kotak, ICICI, etc., Motilal Oswal does not have any flat discount brokerage plan.
  • You cannot open a 3-in-1 account, Demat + Trading + Bank A/c.
  • It only provides regular mutual fund schemes.

Detail Review...

  • Upfront Margin money is required in the trading account.
  • Does not offer a 3-in-1 account.
  • No direct mutual fund offerings.
  • Non-negotiable and non-transparent brokerage fee structure.
  • The brokerage fee is significantly higher than flat discount brokerage houses.
  • No Good till triggered (GTT) order feature.

Detail Review...

Special Offers/Promo Free Demat AMC (Client need to opt for 3,000 Value Pack (prepaid brokerage) or Open the A/c with above 25,000 margin)
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Last Updated on 2023-09-14T05:03:12+00:00