Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of Motilal Oswal ranges between 0.02 to 0.20%, while the brokerage of Angel One ranges between Rs 20. The broker ICICIDirect and Motilal Oswal are full service brokers where Angel One is a discount broker. Overall rating for ICICIDirect is 4, Motilal Oswal is rated 4, Angel One is rated 4.5 out of 5.
Here we present side-by-side comparison of ICICIDirect vs Motilal Oswal vs Angel One stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared ICICIDirect vs Motilal Oswal vs Angel One on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better ICICIDirect vs Motilal Oswal vs Angel One in this setion with 360 degree view of broker information.
 ICICIDirect |
 Motilal Oswal |
 Angel One |
|
|---|---|---|---|
| Overall Rating | |||
| Brokerage Charges | |||
| Trading Platform | |||
| Investments Offering | |||
| Customer Service | |||
| Broker Type | Full Service Broker | Full Service Broker | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX |
| Broker Overview | ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec...  |
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. | Enjoy full-service broker services at discounted brokerage rates with Angel One offering free delivery trading and charges Rs. 20/order flat brokerage across segments. Angel One is a new-age FinTech platform that provides next-gen technology platform... |
| Broker Enquiry |
|
|
|
In this section we have compared ICICIDirect vs Motilal Oswal vs Angel One on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - ICICIDirect charges Rs 300 per annum as AMC for Demat account, Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account, where Angel One charges Rs 240 PA (Waived for 1st year) AMC for Demat account.
| Charges | ICICIDirect | Motilal Oswal | Angel One |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 300 per annum | Rs 400 per annum [Free for 1st year] | Rs 240 PA (Waived for 1st year) |
| Provide DP Service |  |
|
|
Plans are the most important feature you look when compare ICICIDirect vs Motilal Oswal vs Angel One. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect offers Multiple Plans where Motilal Oswal and Angel One doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | ICICIDirect | Motilal Oswal | Angel One |
|---|---|---|---|
| Multiple Plans | |
 |
|
| Monthly Plans | |
|
|
| Yearly Plans | |
|
|
| Zerodha | Zerodha | Angel One | |
|---|---|---|---|
| Account Opening Request |
ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.
Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.
Angel One Brokerage Plan detail - Angel iTrade Prime - Free delivery trading and Flat Rs 20 for Intraday, F&O, Currency, and Commodity Trading.
| Brokerage Charges Compare | ICICIDirect | Motilal Oswal | Angel One |
|---|---|---|---|
| Plan Name | NEO Flat Discount Brokerage Plan | Default Brokerage Plan | Angel iTrade Prime Plan |
| Equity Delivery | 0.55% | 0.20% | Free |
| Equity Intraday | Flat Rs. 20 per order | 0.02% | 0.03% or Rs 20 whichever is lower |
| Equity Futures | Free (Rs. 0 brokerage) | 0.02% | Flat Fee Rs 20 |
| Equity Options | Flat Rs. 20 per order | Rs 20 per lot | Flat Fee Rs 20 |
| Currency Futures | Flat Rs. 20 per order | Rs 20 per lot | Flat Fee Rs 20 |
| Currency Options | Flat Rs. 20 per order | Rs 20 per lot | Flat Fee Rs 20 |
| Commodity Trading | Flat Rs. 20 per order | Futures: 0.02%| Options: Rs 200 Per Lot | Flat Fee Rs 20 |
| Minimum Brokerage | Rs 35 per trade | ||
| Hidden Charges | Yes | No | |
| Funding | Yes - 18% interest PA | Yes - 18% interest PA | Yes - 18% interest PA |
| Call & Trade Charges | First 20 call free and Rs 25 there onwards. | NA | Rs 20 per order |
| Auto Square off Charges | First 20 call free and Rs 25 there onwards. | NA | Rs 20 per order |
| Brokerage Calculator | Brokerage Calculator for ICICIDirect | Brokerage Calculator for Motilal Oswal | Brokerage Calculator for Angel One |
Compare ICICIDirect vs Motilal Oswal vs Angel One on transaction charges and PCM fee by segment.
| Transaction Charges Compare | ICICIDirect | Motilal Oswal | Angel One |
|---|---|---|---|
| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | 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 | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | 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 | 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 | 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 | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | NA | 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 icicidirect | Complete Brokerage Plans for motilal-oswal | Complete Brokerage Plans for angel-one |
Compare ICICIDirect vs Motilal Oswal vs Angel One on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 Account where Motilal Oswal and Angel One offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - All 3 brokers offers NRI Trading.
| Account Features Compare | ICICIDirect | Motilal Oswal | Angel One |
|---|---|---|---|
| 3 in 1 Account | |
|
|
| Charting | |
|
|
| Algo Trading | |
|
|
| SMS Alerts | |
|
|
| Online Demo | |
|
|
| Online Portfolio | |
|
|
| Margin Trading Funding Available | |
|
|
| Combined Ledger for Equity and Commodity | |
|
|
| Intraday Square-off Time | 3:15PM | 3:15PM | 3:15PM |
| NRI Trading | |
|
|
| Other Features | NIL | NIL | Trading software terminal: ODIN(Angel) diet |
With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs Motilal Oswal vs Angel One. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
| ICICIDirect | Motilal Oswal | Angel One | ||
|---|---|---|---|---|
267 Customer Reviews
 |
57 Customer Reviews
|
74 Customer Reviews
|
||
| Fees Ratings | ||||
| Trading Brokerage Rating | ||||
| Trading Platform Usability | ||||
| Customer Service Ratings | ||||
| Overall Ratings | ||||
| Broker Rating | ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews | Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews | Angel One is Rated 3.3 / 5 based on 74 customer reviews |
Compare ICICIDirect vs Motilal Oswal vs Angel One 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Motilal Oswal and Angel One offers Commodity Trading where ICICIDirect doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers offers PMS facility. You can invest in stocks/equity/bonds using PMS.
| Investment Offerings Compare | ICICIDirect | Motilal Oswal | Angel One |
|---|---|---|---|
| Equity Cash and F&O | |
|
|
| Currency Deravitives | |
|
|
| Commodity | |
|
|
| Online IPO Application | |
|
|
| Mutual Funds | |
|
|
| Bond / NCD | |
|
|
| ETF | |
|
|
| Banking | |
|
|
| Insurance | |
|
|
| Forex | |
|
|
| MF SIP Investment | |
|
|
| Equity SIP Investment | |
|
|
| PMS Service | |
|
|
| Other Investment Options | NIL | NIL | PMS |
Order Type - Compare ICICIDirect vs Motilal Oswal vs Angel One on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. 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 and Angel One provides Bracket Orders (BO) facility where ICICIDirect doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.
| Order Type Compare | ICICIDirect | Motilal Oswal | Angel One |
|---|---|---|---|
| CNC order | |
|
|
| MIS order | |
|
|
| NRML order | |
|
|
| Cover order | |
|
|
| Bracket order | |
|
|
| AMO-After Market Orders | |
|
|
| GTC-Good Till Cancelled | |
|
|
Compare ICICIDirect vs Motilal Oswal vs Angel One on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
| Customer Service Compare | ICICIDirect | Motilal Oswal | Angel One |
|---|---|---|---|
| 24/7 Customer Service | |
|
|
| Email Support | |
|
|
| Onine Live Chat | |
|
|
| Phone Support | |
|
|
| Toll Free Number | |
|
|
| Through Branches | |
|
|
| Customer Care Number | 1860 123 1122 | 022 40548000/022 67490600 | 1800 1020 |
| Account Opening Process | Online | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://www.icicidirect.com/knowledge-center | https://edumo.motilaloswal.com/ | https://www.angelone.in/knowledge-center |
| Head Office Address | ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020 |
Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025 |
Angel One Limited, G-1, Ackruti Trade Centre, Road No. 7, MIDC, Andheri (E), Mumbai - 400 093. |
| Website | https://www.icicidirect.com | https://www.motilaloswal.com/ | https://www.angelone.in/ |
Compare ICICIDirect vs Motilal Oswal vs Angel One on research reports and tips provided by broker.
| ICICIDirect | Motilal Oswal | Angel One | |
|---|---|---|---|
| Research Mutual Funds | |
|
|
| Research Equity Reports | |
|
|
| Research ETF | |
|
|
| Daily Market Report | |
|
|
| Free Tips | |
|
|
| Quarterly Result Analysis | |
|
|
| News Alerts | |
|
|
Compare ICICIDirect vs Motilal Oswal vs Angel One on Demat Service and Charges. This section cover about demat charges, demat service and other details
| ICICIDirect | Motilal Oswal | Angel One | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 14300 | 10900 | 33200 |
| Demat Account Annual Maintenance Charges(AMC) | ₹700 pa | ₹400 pa | ₹450 pa |
| Advance Deposit | Rs. 7500/- , If the client is not having ICICI BANK Account | NIL | NIL |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) | 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) | ₹20 + ₹5.50 (CDSL Charges) for every transaction |
| Demat | ₹50 per set up | ₹50 per certificate + ₹50 courier charges | ₹50 per certificate |
| Remat | ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction | ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges | ₹50 + CDSL Charges |
| Pledge Creation | 0.02% (Min ₹35 and Max ₹25,000) | ₹35 | ₹25 per transaction |
| Pledge Creation Confirmation | 0.02% (Min ₹35 and Max ₹25,000) | Nil | NIL |
| Pledge Closure | 0.02% (Min ₹35 and Max ₹25,000) | ₹35 | ₹25 per transaction |
| Pledge Closure Confirmation | 0.02% (Min ₹35 and Max ₹25,000) | Nil | NIL |
| Pledge Invocation | 0.02% (Min ₹35 and Max ₹25,000) | ₹35 | NIL |
| Failed Instruction Charges | ₹30 per transaction | Nil | Nil |
| Other Charges | Nil | Nil | Nil |
Compare ICICIDirect vs Motilal Oswal vs Angel One on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| ICICIDirect | Motilal Oswal | Angel One | |
|---|---|---|---|
| Pay In and Pay Out Options | Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank. Pay-out/Fund Withdrawal - Bank Transfer only. |
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 |
Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Angel Trading Software. Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time | Instant to ICICI Bank. | Max 24 hrs except bank holidays. | Upto 24 Hrs except Bank Holidays. |
| Bank Supported and Charges | Info Not Available | Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. | Around 40+ bank are prefered parter with Angel Broking. |
| Bank Detail | Direct from your ICICI bank account. | Info Not Available | NA |
| Likes |
|
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;
|
|
| 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;
|
|
| Special Offers/Promo | Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. | Free Demat AMC (Client need to opt for 3,000 Value Pack (prepaid brokerage) or Open the A/c with above 25,000 margin) | Free Trading for One Month (Up to Rs 500 value). Free Account Opening a limited-time offer. |
| Enquire for ICICIDirect | Enquire for Motilal Oswal | Enquire for Angel One |
Last Updated on 2023-09-14T04:34:26+00:00
