IIFL Securities Vs Motilal Oswal Vs Fyers: 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 Fyers ranges between Rs 20. The broker IIFL Securities and Motilal Oswal are full service brokers where Fyers is a discount broker. Overall rating for IIFL Securities is 4, Motilal Oswal is rated 4, Fyers is rated 4 out of 5.

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

Compare 2 Brokers

Compare IIFL Securities vs Motilal Oswal vs Fyers on Service

	IIFL Securities	Motilal Oswal	Fyers
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
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,...	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.	Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...
Broker Enquiry

Account Opening Charges and AMC

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

In this section we have compared IIFL Securities vs Motilal Oswal vs Fyers 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 Fyers charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs Motilal Oswal vs Fyers
Charges	IIFL Securities	Motilal Oswal	Fyers
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]	Free
Provide DP Service

About Brokerage Plans

Compare IIFL Securities vs Motilal Oswal vs Fyers on Plan Options

Plans are the most important feature you look when compare IIFL Securities vs Motilal Oswal vs Fyers. 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 Fyers on Plan Options
Plan Types	IIFL Securities	Motilal Oswal	Fyers
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	IIFL Securities	Zerodha	Fyers
Account Opening Request	Open IIFL Securities Account Now>>	Open Zerodha Account Now>>	Open Fyers Account Now>>

Brokerage Charges

Compare IIFL Securities vs Motilal Oswal vs Fyerson 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.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare IIFL Securities vs Motilal Oswal vs Fyers
Brokerage Charges Compare	IIFL Securities	Motilal Oswal	Fyers
Plan Name	IIFL iSERVE Brokerage Plan	Default Brokerage Plan	Max Rs 20 Per Order Trading 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%	0.03% or Rs 20 whichever is lower
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	0.03% or Rs 20 whichever is lower
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
Call & Trade Charges	Rs 50 Per Call + GST	NA	Rs 50 Per Order
Auto Square off Charges	Rs 50 Per Call + GST	NA	Rs 50 Per Order
Brokerage Calculator	Brokerage Calculator for IIFL Securities	Brokerage Calculator for Motilal Oswal	Brokerage Calculator for Fyers

Share Broker's Transaction Charges

Compare IIFL Securities vs Motilal Oswal vs Fyers on Transaction Charges

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

Transaction Charges - Compare IIFL Securities vs Motilal Oswal vs Fyers
Transaction Charges Compare	IIFL Securities	Motilal Oswal	Fyers
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	NA
Brokerage Charges	Complete Brokerage Plans for iifl-securities	Complete Brokerage Plans for motilal-oswal	Complete Brokerage Plans for fyers

Account Features

Compare IIFL Securities vs Motilal Oswal vs Fyers on Account Features

Compare IIFL Securities vs Motilal Oswal vs Fyers 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 - IIFL Securities and Motilal Oswal offers margin funding where Fyers doesn't offers margin funding. NRI Trading - IIFL Securities and Motilal Oswal offers NRI Trading where Fyers doesn't offers NRI Trading.

Account Features - IIFL Securities vs Motilal Oswal vs Fyers
Account Features Compare	IIFL Securities	Motilal Oswal	Fyers
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	3:15 PM
NRI Trading
Other Features	NIL	NIL	Fyers 30 Day Challenge

Trading Platform

Compare IIFL Securities vs Motilal Oswal vs Fyerson 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 Fyers. 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 Fyers
Trading Platform Compare	IIFL Securities	Motilal Oswal	Fyers
Web Trading Platform
Web Trading Detail	https://ttweb.indiainfoline.com	https://power.motilaloswal.com/MOSL/userMaster/login	Fyers Web
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Site
Mobile Trading
Mobile Trading App	IIFL Markets	MO Trader	Fyers 2.0 Mobile App
Mobile Trading App Demo	IIFL Markets Demo	MO Trader Demo	Fyers 2.0 Mobile App Demo
Android Mobile App
Android App Download	Andriod IIFL Markets Download	Andriod MO Trader Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS IIFL Markets Download	iOS MO Trader Download	iOS Fyers 2.0 Mobile App Download
Android Tablet App
iPad App (IOS)
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 Fyers
Futures Brokerage Calculator	Futures Brokerage Calculator for IIFL Securities	Futures Brokerage Calculator for Motilal Oswal	Futures Brokerage Calculator for Fyers
Options Brokerage Calculator	Options Brokerage Calculator for IIFL Securities	Options Brokerage Calculator for Motilal Oswal	Options Brokerage Calculator for Fyers
Detail	Detail on Trading Platforms for iifl-securities	Detail on Trading Platforms for motilal-oswal	Detail on Trading Platforms for fyers

Broker Ratings by Users

Compare IIFL Securities vs Motilal Oswal vs Fyers on User Rating

	IIFL Securities	Motilal Oswal	Fyers
	82 Customer Reviews	57 Customer Reviews	11 Customer Reviews
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	Fyers is Rated 3.2 / 5 based on 11 customer reviews

Investment Offerings

Compare IIFL Securities vs Motilal Oswal vs Fyers on Investment Offerings

Compare IIFL Securities vs Motilal Oswal vs Fyers 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) - IIFL Securities and Motilal Oswal offers PMS facility where Fyers doesn't offers PMS facility.

Investment Offerings - Compare IIFL Securities vs Motilal Oswal vs Fyers
Investment Offerings Compare	IIFL Securities	Motilal Oswal	Fyers
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 Types

Compare IIFL Securities vs Motilal Oswal vs Fyers on Order Types

Order Type - Compare IIFL Securities vs Motilal Oswal vs Fyers 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 Types - Compare IIFL Securities vs Motilal Oswal vs Fyers
Order Type Compare	IIFL Securities	Motilal Oswal	Fyers
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare IIFL Securities vs Motilal Oswal vs Fyers on Customer Service

Compare IIFL Securities vs Motilal Oswal vs Fyers 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 Fyers
Customer Service Compare	IIFL Securities	Motilal Oswal	Fyers
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022-40071000	022 40548000/022 67490600	08060001111
Account Opening Process	Online/Paperless	Online/Paperless	100% online and paperless proc
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://fyers.in/school-of-stocks/
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	Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar, Bangalore - 560009
Website	https://www.indiainfoline.com/	https://www.motilaloswal.com/	https://fyers.in/

Tips/Research/Reports Published

Compare IIFL Securities vs Motilal Oswal vs Fyers on Research Reports, Tips

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

Research Reports - Compare IIFL Securities vs Motilal Oswal vs Fyers
	IIFL Securities	Motilal Oswal	Fyers
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare IIFL Securities vs Motilal Oswal vs Fyers on Demat Account

Compare IIFL Securities vs Motilal Oswal vs Fyers 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 Fyers
	IIFL Securities	Motilal Oswal	Fyers
DP Source	CDSL	CDSL	CDSL
DP ID	44700	10900	89400
Demat Account Annual Maintenance Charges(AMC)	₹400 pa	₹400 pa	Free
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)	₹7 + ₹5.50 (CDSL Charges) per transaction
Demat	₹15 per certificate + ₹40 courier charges	₹50 per certificate + ₹50 courier charges	₹0
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	₹0
Pledge Creation	₹50	₹35	Nil
Pledge Creation Confirmation	Nil	Nil	Nil
Pledge Closure	Nil	₹35	Nil
Pledge Closure Confirmation	Nil	Nil	Nil
Pledge Invocation	Nil	₹35	Nil
Failed Instruction Charges	Nil	Nil	Nil
Other Charges

Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Motilal Oswal vs Fyers on Special Offers and Promotion

Compare IIFL Securities vs Motilal Oswal vs Fyers 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 Fyers on Special Offers and Promotion
	IIFL Securities	Motilal Oswal	Fyers
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
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 on BSE, NSE, and MCX Free stocks and mutual funds investment Rs 20 fixed brokerage on all segments Invest in IPOs, OFS, SGBs, G-secs, and T-bills Cheapest Rs 50/order brokerage on NRI trading User-friendly mobile app and website for investors Fyers Next and Fyers One high-speed trading terminal for traders Fyers Thematic Investing: Invest in expert curated basket of stocks. Start Algo trading Access with Fyers API for free Bracket order, cover order, GTT, AMO, basket order Fyers School of Stocks, a free stock market learning platform. Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc. 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...	No unlimited zero brokerage monthly plans No 3-in-1 account offering No mutual fund investment app Research reports are not offered free 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)
	Enquire for IIFL Securities	Enquire for Motilal Oswal	Enquire for Fyers

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Transaction Charges Compare	IIFL Securities	Motilal Oswal	Fyers
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	NA
Brokerage Charges	Complete Brokerage Plans for iifl-securities	Complete Brokerage Plans for motilal-oswal	Complete Brokerage Plans for fyers