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IIFL Securities Vs Motilal Oswal Vs Kotak Securities: 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 Kotak Securities ranges between Rs. 20 per order. All 3 brokers are full service brokers. Overall rating for IIFL Securities is 4, Motilal Oswal is rated 4, Kotak Securities is rated 4 out of 5.

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

Compare IIFL Securities vs Motilal Oswal vs Kotak Securities on Service

  IIFL Securities Compare
IIFL Securities
Motilal Oswal Compare
Motilal Oswal
Kotak Securities Compare
Kotak Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Full Service 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. Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert... Know more about Kotak Securities
Broker Enquiry Request call back from IIFL Securities Request call back from Zerodha Request call back from Kotak Securities
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Account Opening Charges and AMC

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

In this section we have compared IIFL Securities vs Motilal Oswal vs Kotak Securities on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities and Motilal Oswal offer Free account opening where Kotak Securities charges Rs 99 for account opeing. 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 Kotak Securities charges Rs 600 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs Motilal Oswal vs Kotak Securities
Charges IIFL Securities Motilal Oswal Kotak Securities
Trading Account Opening Fees Free Free Rs 99
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 600 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare IIFL Securities vs Motilal Oswal vs Kotak Securities on Plan Options

Plans are the most important feature you look when compare IIFL Securities vs Motilal Oswal vs Kotak Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Kotak Securities offers Multiple Plans where IIFL Securities and Motilal Oswal doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

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

Account Opening

  IIFL Securities Zerodha Kotak Securities
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs Motilal Oswal vs Kotak Securitieson 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.

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

Brokerage Charges - Compare IIFL Securities vs Motilal Oswal vs Kotak Securities
Brokerage Charges Compare IIFL Securities Motilal Oswal Kotak Securities
Plan Name IIFL iSERVE Brokerage Plan Default Brokerage Plan Kotak Securities Trade Free Plan
Equity Delivery Flat Rs 20 per order 0.20% 0.25%
Equity Intraday Flat Rs 20 per order 0.02% Free
Equity Futures Flat Rs 20 per order 0.02% Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Equity Options Flat Rs 20 per order Rs 20 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Free
Currency Futures Flat Rs 20 per order Rs 20 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Currency Options Flat Rs 20 per order Rs 20 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Commodity Trading Flat Rs 20 per order Futures: 0.02%| Options: Rs 200 Per Lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Minimum Brokerage Rs 21 per executed order
Hidden Charges Info Not Available No
Funding Yes - 18% interest PA Yes - 18% interest PA 12.49% interest PA
Call & Trade Charges Rs 50 Per Call + GST NA 20 calls free and after that Rs 20 per call
Auto Square off Charges Rs 50 Per Call + GST NA 20 calls free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for Motilal Oswal Brokerage Calculator for Kotak Securities
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Share Broker's Transaction Charges

Compare IIFL Securities vs Motilal Oswal vs Kotak Securities on Transaction Charges

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

Transaction Charges - Compare IIFL Securities vs Motilal Oswal vs Kotak Securities
Transaction Charges Compare IIFL Securities Motilal Oswal Kotak Securities
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 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for iifl-securities Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for kotak-securities
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Account Features

Compare IIFL Securities vs Motilal Oswal vs Kotak Securities on Account Features

Compare IIFL Securities vs Motilal Oswal vs Kotak Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities offers 3-in-1 Account where IIFL Securities and 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 - IIFL Securities vs Motilal Oswal vs Kotak Securities
Account Features Compare IIFL Securities Motilal Oswal Kotak Securities
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. Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes Yes
Algo Trading No No No
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 No
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes Yes
Other Features NIL NIL
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Trading Platform

Compare IIFL Securities vs Motilal Oswal vs Kotak Securitieson 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 Kotak Securities. 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 Kotak Securities
Trading Platform Compare IIFL Securities Motilal Oswal Kotak Securities
Desktop Trading Platform IIFL Trader terminal Orion Lite Neo
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.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

Web Trading Demo Info Not Available Web Trading Demo Web Trading Demo
Mobile Site Yes Yes No
Mobile Trading Yes Yes Yes
Mobile Trading App IIFL Markets MO Trader Kotak Neo
Mobile Trading App Demo IIFL Markets Demo MO Trader Demo Kotak Neo 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 Kotak Neo 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 Kotak Securities
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Kotak Securities
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Kotak Securities
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for kotak-securities

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Broker Ratings by Users

Compare IIFL Securities vs Motilal Oswal vs Kotak Securities on User Rating

  IIFL Securities Motilal Oswal Kotak Securities
  82 Customer Reviews    Rate IIFL Securities 57 Customer Reviews    Rate Motilal Oswal 82 Customer Reviews    Rate Kotak Securities
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 Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews
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Investment Offerings

Compare IIFL Securities vs Motilal Oswal vs Kotak Securities on Investment Offerings

Compare IIFL Securities vs Motilal Oswal vs Kotak Securities 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 Kotak Securities
Investment Offerings Compare IIFL Securities Motilal Oswal Kotak Securities
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 Yes
Insurance Yes Yes Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes No Yes
PMS Service Yes Yes Yes
Other Investment Options NIL NIL NIL
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Order Types

Compare IIFL Securities vs Motilal Oswal vs Kotak Securities on Order Types

Order Type - Compare IIFL Securities vs Motilal Oswal vs Kotak Securities 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 Kotak Securities 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 Kotak Securities
Order Type Compare IIFL Securities Motilal Oswal Kotak Securities
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 Kotak Securities on Customer Service

Compare IIFL Securities vs Motilal Oswal vs Kotak Securities 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 Kotak Securities
Customer Service Compare IIFL Securities Motilal Oswal Kotak Securities
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 Yes
Through Branches Yes Yes Yes
Customer Care Number 022-40071000 022 40548000/022 67490600 1800 209 9191
Account Opening Process Online/Paperless Online/Paperless Online
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.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank
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
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Website https://www.indiainfoline.com/ https://www.motilaloswal.com/ https://www.kotaksecurities.com
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Tips/Research/Reports Published

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

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

Research Reports - Compare IIFL Securities vs Motilal Oswal vs Kotak Securities
  IIFL Securities Motilal Oswal Kotak Securities
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
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 Kotak Securities on Demat Account

Compare IIFL Securities vs Motilal Oswal vs Kotak Securities 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 Kotak Securities
  IIFL Securities Motilal Oswal Kotak Securities
DP Source CDSL CDSL CDSL
DP ID 44700 10900 49200
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹400 pa ₹780 pa
Advance Deposit Nil NIL NA
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) 0.04% (Min ₹27) + CDSL charges
Demat ₹15 per certificate + ₹40 courier charges ₹50 per certificate + ₹50 courier charges ₹3 per certificate + ₹50 courier charges
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 ₹10 for every hundred securities (Min ₹15)
Pledge Creation ₹50 ₹35 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation Nil Nil 0.05% of transaction value (Min ₹30)
Pledge Closure Nil ₹35 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation Nil Nil 0.05% of transaction value (Min ₹30)
Pledge Invocation Nil ₹35 0.05% of transaction value (Min ₹30)
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 Kotak Securities on Special Offers and Promotion

Compare IIFL Securities vs Motilal Oswal vs Kotak Securities 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 Kotak Securities on Special Offers and Promotion
  IIFL Securities Motilal Oswal Kotak Securities
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 funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
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. Instant fund transfer with Kotak Mahindra Bank.
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. (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Info Not Available Direct from your Kotak Mahindra bank account.
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...

  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

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...

  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

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 Kotak Securities

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