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IIFL Securities Vs Motilal Oswal Vs Angel One: Which one is better?

The brokerage of IIFL Securities 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 IIFL Securities and Motilal Oswal are full service brokers where Angel One is a discount broker. Overall rating for IIFL Securities is 4, Motilal Oswal is rated 4, Angel One is rated 4.5 out of 5.

Here we present side-by-side comparison of IIFL Securities 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 IIFL Securities 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 IIFL Securities vs Motilal Oswal vs Angel One in this setion with 360 degree view of broker information.

Compare IIFL Securities vs Motilal Oswal vs Angel One on Service

  IIFL Securities Compare
IIFL Securities
Motilal Oswal Compare
Motilal Oswal
Angel One Compare
Angel One
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,... Know more about IIFL Securities 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... Know more about Angel One
Broker Enquiry Request call back from IIFL Securities Request call back from Zerodha Request call back from Angel One
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Account Opening Charges and AMC

Compare IIFL Securities vs Motilal Oswal vs Angel One on Trading & Demat Account Opening Charges

In this section we have compared IIFL Securities 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 - IIFL Securities charges Rs 250 PA (Free for 1st year) 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.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs Motilal Oswal vs Angel One
Charges IIFL Securities 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 250 PA (Free for 1st year) Rs 400 per annum [Free for 1st year] Rs 240 PA (Waived for 1st year)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare IIFL Securities vs Motilal Oswal vs Angel One on Plan Options

Plans are the most important feature you look when compare IIFL Securities vs Motilal Oswal vs Angel One. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare IIFL Securities vs Motilal Oswal vs Angel One on Plan Options
Plan Types IIFL Securities Motilal Oswal Angel One
Multiple Plans No No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  IIFL Securities Zerodha Angel One
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs Motilal Oswal vs Angel Oneon Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

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 IIFL Securities vs Motilal Oswal vs Angel One
Brokerage Charges Compare IIFL Securities Motilal Oswal Angel One
Plan Name IIFL iSERVE Brokerage Plan Default Brokerage Plan Angel iTrade Prime Plan
Equity Delivery Flat Rs 20 per order 0.20% Free
Equity Intraday Flat Rs 20 per order 0.02% 0.03% or Rs 20 whichever is lower
Equity Futures Flat Rs 20 per order 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
Hidden Charges Info Not Available No
Funding Yes - 18% interest PA Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Rs 50 Per Call + GST NA Rs 20 per order
Auto Square off Charges Rs 50 Per Call + GST NA Rs 20 per order
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for Motilal Oswal Brokerage Calculator for Angel One
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Share Broker's Transaction Charges

Compare IIFL Securities vs Motilal Oswal vs Angel One on Transaction Charges

Compare IIFL Securities vs Motilal Oswal vs Angel One on transaction charges and PCM fee by segment.

Transaction Charges - Compare IIFL Securities vs Motilal Oswal vs Angel One
Transaction Charges Compare IIFL Securities 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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr 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 iifl-securities Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for angel-one
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Account Features

Compare IIFL Securities vs Motilal Oswal vs Angel One on Account Features

Compare IIFL Securities 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 - All 3 brokers offers 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 - IIFL Securities vs Motilal Oswal vs Angel One
Account Features Compare IIFL Securities Motilal Oswal Angel One
3 in 1 Account No IIFL Securities have 2-in-1 account. Only Demate and Trading account. No IIFL Securities have 2-in-1 account. Only Demate and Trading account. No Angel One have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No Yes
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes Yes
Other Features NIL NIL Trading software terminal: ODIN(Angel) diet
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Trading Platform

Compare IIFL Securities vs Motilal Oswal vs Angel Oneon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities 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.

Trading Platform - Compare IIFL Securities vs Motilal Oswal vs Angel One
Trading Platform Compare IIFL Securities Motilal Oswal Angel One
Desktop Trading Platform IIFL Trader terminal Orion Lite Angel One
Desktop Demo Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://ttweb.indiainfoline.com

https://power.motilaloswal.com/MOSL/userMaster/login

https://www.angelone.in/trade/

Web Trading Demo Info Not Available Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App IIFL Markets MO Trader Angel One Mobile App
Mobile Trading App Demo IIFL Markets Demo MO Trader Demo Angel One Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod IIFL Markets Download Andriod MO Trader Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS IIFL Markets Download iOS MO Trader Download iOS Angel One Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IIFL Securities Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Angel One
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Angel One
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Angel One
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for angel-one

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Broker Ratings by Users

Compare IIFL Securities vs Motilal Oswal vs Angel One on User Rating

  IIFL Securities Motilal Oswal Angel One
  82 Customer Reviews    Rate IIFL Securities 57 Customer Reviews    Rate Motilal Oswal 74 Customer Reviews    Rate Angel One
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating IIFL Securities is Rated 2.8 / 5 based on 82 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
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Investment Offerings

Compare IIFL Securities vs Motilal Oswal vs Angel One on Investment Offerings

Compare IIFL Securities 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 - All 3 brokers 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 IIFL Securities vs Motilal Oswal vs Angel One
Investment Offerings Compare IIFL Securities Motilal Oswal Angel One
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes No Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No No No
Insurance Yes Yes No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes No No
PMS Service Yes Yes Yes
Other Investment Options NIL NIL PMS
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Order Types

Compare IIFL Securities vs Motilal Oswal vs Angel One on Order Types

Order Type - Compare IIFL Securities 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 IIFL Securities 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 Types - Compare IIFL Securities vs Motilal Oswal vs Angel One
Order Type Compare IIFL Securities Motilal Oswal Angel One
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order No Yes Yes
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes Yes
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Customer Service Offered

Compare IIFL Securities vs Motilal Oswal vs Angel One on Customer Service

Compare IIFL Securities 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 Support - Compare IIFL Securities vs Motilal Oswal vs Angel One
Customer Service Compare IIFL Securities Motilal Oswal Angel One
24/7 Customer Service Yes No No
Email Support Yes Yes Yes
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes Yes Yes
Customer Care Number 022-40071000 022 40548000/022 67490600 1800 1020
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://edumo.motilaloswal.com/ https://www.angelone.in/knowledge-center
Head Office Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
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.indiainfoline.com/ https://www.motilaloswal.com/ https://www.angelone.in/
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Tips/Research/Reports Published

Compare IIFL Securities vs Motilal Oswal vs Angel One on Research Reports, Tips

Compare IIFL Securities vs Motilal Oswal vs Angel One on research reports and tips provided by broker.

Research Reports - Compare IIFL Securities vs Motilal Oswal vs Angel One
  IIFL Securities Motilal Oswal Angel One
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes No
Daily Market Report Yes Yes Yes
Free Tips Yes Yes Yes
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes
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Demat Account

Compare IIFL Securities vs Motilal Oswal vs Angel One on Demat Account

Compare IIFL Securities vs Motilal Oswal vs Angel One on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare IIFL Securities vs Motilal Oswal vs Angel One
  IIFL Securities Motilal Oswal Angel One
DP Source CDSL CDSL CDSL
DP ID 44700 10900 33200
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹400 pa ₹450 pa
Advance Deposit Nil NIL NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹20 + ₹5.50 (CDSL Charges) for every transaction
Demat ₹15 per certificate + ₹40 courier charges ₹50 per certificate + ₹50 courier charges ₹50 per certificate
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹50 + CDSL Charges
Pledge Creation ₹50 ₹35 ₹25 per transaction
Pledge Creation Confirmation Nil Nil NIL
Pledge Closure Nil ₹35 ₹25 per transaction
Pledge Closure Confirmation Nil Nil NIL
Pledge Invocation Nil ₹35 NIL
Failed Instruction Charges Nil Nil Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Motilal Oswal vs Angel One on Special Offers and Promotion

Compare IIFL Securities vs Motilal Oswal vs Angel One on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare IIFL Securities vs Motilal Oswal vs Angel One on Special Offers and Promotion
  IIFL Securities Motilal Oswal Angel One
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or 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 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 Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. Max 24 hrs except bank holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. 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 India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Info Not Available NA
Likes
  • Hassle-free onboarding process at zero paperwork.
  • Zero Demat AMC for 1 year.
  • Lowest brokerage online trading at just Rs. 20/order
  • Free state-of-the-art mobile app, web, and desktop trading software.
  • Paperless mutual fund investment at zero brokerage.
  • Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc.
  • Comprehensive equity and mutual funds research.
  • Pre-IPO apply
  • Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order.
  • Margin trading facility.
  • Blogs and knowledge center for beginners.

Detail Review...

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...

  • Trade at Max Rs. 20 per order on BSE, NSE, and MCX
  • Lifetime free delivery trading.
  • Pre-IPO Apply feature to subscribe to an IPO before it goes live.
  • Zero Demat AMC charges for 1st year.
  • Get free access to Angel One stock and IPO research.
  • Get smart recommendations with Angel One ARQ
  • User-friendly and technologically advanced trading platforms.
  • Place BO, CO, GTT, and Basket order
  • Free Angel One Smart API to build your own trading platform.
  • Large network of 16,000+ registered authorized partners.
  • Angel One Smart Money learning platform for beginners, traders, and investors.
  • Margin trading facility.
  • No hidden charges.

Detail Review...

Dislikes
  • IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility.
  • If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading.

Detail Review...

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...

  • ARQ-Prime engine is a paid platform.
  • It does not offer a 3-in-1 account opening facility.
  • Does not offer unlimited monthly trading plans.

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) Free Trading for One Month (Up to Rs 500 value). Free Account Opening a limited-time offer.
Enquire for IIFL Securities Enquire for Motilal Oswal Enquire for Angel One

Last Updated on 2023-09-14T04:42:55+00:00