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 AxisDirect ranges between 0.05% to 0.5%, the brokerage of ICICIDirect ranges between Rs. 20, while the brokerage of Motilal Oswal ranges between 0.02 to 0.20%. All 3 brokers are full service brokers. Overall rating for AxisDirect is 3.5, ICICIDirect is rated 4, Motilal Oswal is rated 4 out of 5.
Here we present side-by-side comparison of AxisDirect vs ICICIDirect vs Motilal Oswal stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared AxisDirect vs ICICIDirect vs Motilal Oswal 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 AxisDirect vs ICICIDirect vs Motilal Oswal in this setion with 360 degree view of broker information.
 AxisDirect |
 ICICIDirect |
 Motilal Oswal |
|
|---|---|---|---|
| Overall Rating | |||
| Brokerage Charges | |||
| Trading Platform | |||
| Investments Offering | |||
| Customer Service | |||
| Broker Type | Full Service Broker | Full Service Broker | Full Service Broker |
| Exchanges Supported | NSE, BSE | NSE, BSE, MCX | BSE, NSE, MCX, NCDEX |
| Broker Overview | Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis...  |
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. |
| Broker Enquiry |
|
|
|
In this section we have compared AxisDirect vs ICICIDirect vs Motilal Oswal on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect and Motilal Oswal offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - AxisDirect charges Rs 750 PA (Free for 1st year) as AMC for Demat account, ICICIDirect charges Rs 300 per annum AMC for Demat account, where Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account.
| Charges | AxisDirect | ICICIDirect | Motilal Oswal |
|---|---|---|---|
| Trading Account Opening Fees | Rs 999 | Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 750 PA (Free for 1st year) | Rs 300 per annum | Rs 400 per annum [Free for 1st year] |
| Provide DP Service |  |
|
|
Plans are the most important feature you look when compare AxisDirect vs ICICIDirect vs Motilal Oswal. This section copare on high level about type of plans offered by brokers. Miltiple Plans - AxisDirect and ICICIDirect offers Multiple Plans where Motilal Oswal doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | AxisDirect | ICICIDirect | Motilal Oswal |
|---|---|---|---|
| Multiple Plans | |
|
 |
| Monthly Plans | |
|
|
| Yearly Plans | |
|
|
| Zerodha | Zerodha | Zerodha | |
|---|---|---|---|
| Account Opening Request |
AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.
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.
| Brokerage Charges Compare | AxisDirect | ICICIDirect | Motilal Oswal |
|---|---|---|---|
| Plan Name | Fixed Brokerage Trading Plan (Percentage Based) | NEO Flat Discount Brokerage Plan | Default Brokerage Plan |
| Equity Delivery | 0.50% (Each leg) | 0.55% | 0.20% |
| Equity Intraday | 0.05% (Each leg) | Flat Rs. 20 per order | 0.02% |
| Equity Futures | 0.05% (Each leg) | Free (Rs. 0 brokerage) | 0.02% |
| Equity Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot | Flat Rs. 20 per order | Rs 20 per lot |
| Currency Futures | 0.05% (Each Leg) | Flat Rs. 20 per order | Rs 20 per lot |
| Currency Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p | Flat Rs. 20 per order | Rs 20 per lot |
| Commodity Trading | Futures: 0.03% (Each leg)| Options: Rs. 50 per lot | Flat Rs. 20 per order | Futures: 0.02%| Options: Rs 200 Per Lot |
| Minimum Brokerage | Rs 35 per trade | ||
| Hidden Charges | No | Yes | |
| Call & Trade Charges | Free 20 calls per month, and after Rs. 20 per order | First 20 call free and Rs 25 there onwards. | NA |
| Auto Square off Charges | 20 calls Free and after that Rs 20 per call | First 20 call free and Rs 25 there onwards. | NA |
| Brokerage Calculator | Brokerage Calculator for AxisDirect | Brokerage Calculator for ICICIDirect | Brokerage Calculator for Motilal Oswal |
Compare AxisDirect vs ICICIDirect vs Motilal Oswal on transaction charges and PCM fee by segment.
| Transaction Charges Compare | AxisDirect | ICICIDirect | Motilal Oswal |
|---|---|---|---|
| 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 | |
| Brokerage Charges | Complete Brokerage Plans for axisdirect | Complete Brokerage Plans for icicidirect | Complete Brokerage Plans for motilal-oswal |
Compare AxisDirect vs ICICIDirect vs Motilal Oswal on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect and ICICIDirect offers 3-in-1 Account where Motilal Oswal 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 | AxisDirect | ICICIDirect | Motilal Oswal |
|---|---|---|---|
| 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 | 2:45 PM | 3:15PM | 3:15PM |
| NRI Trading | |
|
|
| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w AxisDirect vs ICICIDirect vs Motilal Oswal. 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.
| AxisDirect | ICICIDirect | Motilal Oswal | ||
|---|---|---|---|---|
20 Customer Reviews
 |
267 Customer Reviews
|
57 Customer Reviews
|
||
| Fees Ratings | ||||
| Trading Brokerage Rating | ||||
| Trading Platform Usability | ||||
| Customer Service Ratings | ||||
| Overall Ratings | ||||
| Broker Rating | AxisDirect is Rated 0.7 / 5 based on 20 customer reviews | ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews | Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews |
Compare AxisDirect vs ICICIDirect vs Motilal Oswal 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 - AxisDirect and Motilal Oswal 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) - ICICIDirect and Motilal Oswal offers PMS facility where AxisDirect doesn't offers PMS facility.
| Investment Offerings Compare | AxisDirect | ICICIDirect | Motilal Oswal |
|---|---|---|---|
| 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 | NIL |
Order Type - Compare AxisDirect vs ICICIDirect vs Motilal Oswal 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 doesn't have Cover Orders (CO) facility. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. 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 | AxisDirect | ICICIDirect | Motilal Oswal |
|---|---|---|---|
| CNC order | |
|
|
| MIS order | |
|
|
| NRML order | |
|
|
| Cover order | |
|
|
| Bracket order | |
|
|
| AMO-After Market Orders | |
|
|
| GTC-Good Till Cancelled | |
|
|
Compare AxisDirect vs ICICIDirect vs Motilal Oswal 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 | AxisDirect | ICICIDirect | Motilal Oswal |
|---|---|---|---|
| 24/7 Customer Service | |
|
|
| Email Support | |
|
|
| Onine Live Chat | |
|
|
| Phone Support | |
|
|
| Toll Free Number | |
|
|
| Through Branches | |
|
|
| Customer Care Number | 022-61480808 | 1860 123 1122 | 022 40548000/022 67490600 |
| Account Opening Process | Online | Online | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://simplehai.axisdirect.in/learn/overview | https://www.icicidirect.com/knowledge-center | https://edumo.motilaloswal.com/ |
| Head Office Address | Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020 |
Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025 |
| Website | https://simplehai.axisdirect.in | https://www.icicidirect.com | https://www.motilaloswal.com/ |
Compare AxisDirect vs ICICIDirect vs Motilal Oswal on research reports and tips provided by broker.
| AxisDirect | ICICIDirect | Motilal Oswal | |
|---|---|---|---|
| Research Mutual Funds | |
|
|
| Research Equity Reports | |
|
|
| Research ETF | |
|
|
| Daily Market Report | |
|
|
| Free Tips | |
|
|
| Quarterly Result Analysis | |
|
|
| News Alerts | |
|
|
Compare AxisDirect vs ICICIDirect vs Motilal Oswal on Demat Service and Charges. This section cover about demat charges, demat service and other details
| AxisDirect | ICICIDirect | Motilal Oswal | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 49200 | 14301 | 10900 |
| Demat Account Annual Maintenance Charges(AMC) | ₹500 pa | ₹700 pa | ₹400 pa |
| Advance Deposit | Nil | Rs. 7500/- , If the client is not having ICICI BANK Account | NIL |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹10 | 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) | 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) |
| Demat | ₹3 per certificate | ₹50 per set up | ₹50 per certificate + ₹50 courier charges |
| Remat | ₹10 for every hundred securities (Min ₹10) | ₹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 |
| Pledge Creation | ₹25 | 0.02% (Min ₹35 and Max ₹25,000) | ₹35 |
| Pledge Creation Confirmation | ₹25 | 0.02% (Min ₹35 and Max ₹25,000) | Nil |
| Pledge Closure | ₹25 | 0.02% (Min ₹35 and Max ₹25,000) | ₹35 |
| Pledge Closure Confirmation | ₹25 | 0.02% (Min ₹35 and Max ₹25,000) | Nil |
| Pledge Invocation | Nil | 0.02% (Min ₹35 and Max ₹25,000) | ₹35 |
| Failed Instruction Charges | Nil | ₹30 per transaction | Nil |
| Other Charges |
Compare AxisDirect vs ICICIDirect vs Motilal Oswal on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| AxisDirect | ICICIDirect | Motilal Oswal | |
|---|---|---|---|
| Pay In and Pay Out Options | |||
| Payout Time | |||
| Bank Supported and Charges | |||
| Bank Detail | |||
| 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 Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. | 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) |
| Enquire for AxisDirect | Enquire for ICICIDirect | Enquire for Motilal Oswal |
Last Updated on
