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Motilal Oswal Vs Angel One Vs Alice Blue: Which one is better?

The brokerage of Motilal Oswal ranges between 0.02 to 0.20%, the brokerage of Angel One ranges between Rs 20, while the brokerage of Alice Blue ranges between Rs 15. The broker Angel One and Alice Blue are a discount brokers where Motilal Oswal is a full service broker. Overall rating for Motilal Oswal is 4, Angel One is rated 4.5, Alice Blue is rated 4 out of 5.

Here we present side-by-side comparison of Motilal Oswal vs Angel One vs Alice Blue stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Motilal Oswal vs Angel One vs Alice Blue 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 Motilal Oswal vs Angel One vs Alice Blue in this setion with 360 degree view of broker information.

Compare Motilal Oswal vs Angel One vs Alice Blue on Service

  Motilal Oswal Compare
Motilal Oswal
Angel One Compare
Angel One
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview 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 Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders.
Broker Enquiry Request call back from Zerodha Request call back from Angel One Request call back from Alice Blue
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Account Opening Charges and AMC

Compare Motilal Oswal vs Angel One vs Alice Blue on Trading & Demat Account Opening Charges

In this section we have compared Motilal Oswal vs Angel One vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] as AMC for Demat account, Angel One charges Rs 240 PA (Waived for 1st year) AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.

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

Compare Motilal Oswal vs Angel One vs Alice Blue on Plan Options

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

Compare Motilal Oswal vs Angel One vs Alice Blue on Plan Options
Plan Types Motilal Oswal Angel One Alice Blue
Multiple Plans No No Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Angel One Alice Blue
Account Opening Request
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Brokerage Charges

Compare Motilal Oswal vs Angel One vs Alice Blueon Brokerage Charges

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.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Brokerage Charges - Compare Motilal Oswal vs Angel One vs Alice Blue
Brokerage Charges Compare Motilal Oswal Angel One Alice Blue
Plan Name Default Brokerage Plan Angel iTrade Prime Plan F15 Plan
Equity Delivery 0.20% Free Free
Equity Intraday 0.02% 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Equity Futures 0.02% Flat Fee Rs 20 0.05% or Rs 15 whichever is lower
Equity Options Rs 20 per lot Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures Rs 20 per lot Flat Fee Rs 20 0.05% or Rs 15 whichever is lower
Currency Options Rs 20 per lot Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot Flat Fee Rs 20 Flat Fee Rs 15
Minimum Brokerage NA
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Yes - 18% interest PA Yes - 24% interest PA
Call & Trade Charges NA Rs 20 per order Rs 50 per order + GST
Auto Square off Charges NA Rs 20 per order Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Angel One Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare Motilal Oswal vs Angel One vs Alice Blue on Transaction Charges

Compare Motilal Oswal vs Angel One vs Alice Blue on transaction charges and PCM fee by segment.

Transaction Charges - Compare Motilal Oswal vs Angel One vs Alice Blue
Transaction Charges Compare Motilal Oswal Angel One Alice Blue
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 motilal-oswal Complete Brokerage Plans for angel-one Complete Brokerage Plans for alice-blue
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Account Features

Compare Motilal Oswal vs Angel One vs Alice Blue on Account Features

Compare Motilal Oswal vs Angel One vs Alice Blue 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 - Motilal Oswal and Angel One offers margin funding where Alice Blue doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

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

Compare Motilal Oswal vs Angel One vs Alice Blueon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal vs Angel One vs Alice Blue. 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 Motilal Oswal vs Angel One vs Alice Blue
Trading Platform Compare Motilal Oswal Angel One Alice Blue
Desktop Trading Platform Orion Lite Angel One ANT - Analyse and Trade
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

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

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

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App MO Trader Angel One Mobile App ANT Mobile
Mobile Trading App Demo MO Trader Demo Angel One Mobile App Demo ANT Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod MO Trader Download Andriod Angel One Mobile App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS MO Trader Download iOS Angel One Mobile App Download iOS ANT Mobile 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 Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Angel One Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Angel One Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Angel One Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for angel-one Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare Motilal Oswal vs Angel One vs Alice Blue on User Rating

  Motilal Oswal Angel One Alice Blue
  57 Customer Reviews    Rate Motilal Oswal 74 Customer Reviews    Rate Angel One 8 Customer Reviews    Rate Alice Blue
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews Angel One is Rated 3.3 / 5 based on 74 customer reviews Alice Blue is Rated 2.1 / 5 based on 8 customer reviews
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Investment Offerings

Compare Motilal Oswal vs Angel One vs Alice Blue on Investment Offerings

Compare Motilal Oswal vs Angel One vs Alice Blue 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) - Motilal Oswal and Angel One offers PMS facility where Alice Blue doesn't offers PMS facility.

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

Compare Motilal Oswal vs Angel One vs Alice Blue on Order Types

Order Type - Compare Motilal Oswal vs Angel One vs Alice Blue 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) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Motilal Oswal and Angel One offers Good Till Cancelled (GTC) orders facility where Alice Blue doesn't provides GTC.

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

Compare Motilal Oswal vs Angel One vs Alice Blue on Customer Service

Compare Motilal Oswal vs Angel One vs Alice Blue 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 Motilal Oswal vs Angel One vs Alice Blue
Customer Service Compare Motilal Oswal Angel One Alice Blue
24/7 Customer Service No No No
Email Support Yes Yes No
Onine Live Chat No Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches Yes Yes Yes
Customer Care Number 022 40548000/022 67490600 1800 1020 08035215000/080-45490850
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://edumo.motilaloswal.com/ https://www.angelone.in/knowledge-center https://tradeschool.aliceblueonline.com/
Head Office Address 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.
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Website https://www.motilaloswal.com/ https://www.angelone.in/ https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare Motilal Oswal vs Angel One vs Alice Blue on Research Reports, Tips

Compare Motilal Oswal vs Angel One vs Alice Blue on research reports and tips provided by broker.

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

Compare Motilal Oswal vs Angel One vs Alice Blue on Demat Account

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

Demat Charges - Compare Motilal Oswal vs Angel One vs Alice Blue
  Motilal Oswal Angel One Alice Blue
DP Source CDSL CDSL CDSL
DP ID 10900 33200 83500
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹450 pa ₹400 pa
Advance Deposit NIL NIL Rs 0
Statutory charges Nil Nil Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹20 + ₹5.50 (CDSL Charges) for every transaction 0.04% of the value of the transaction
Demat ₹50 per certificate + ₹50 courier charges ₹50 per certificate ₹10 per certificate + ₹50 courier charges
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹50 + CDSL Charges ₹30 per certificate + CDSL charges
Pledge Creation ₹35 ₹25 per transaction ₹20 + CDSL charges
Pledge Creation Confirmation Nil NIL Nil
Pledge Closure ₹35 ₹25 per transaction ₹20 + CDSL charges
Pledge Closure Confirmation Nil NIL Nil
Pledge Invocation ₹35 NIL ₹20 + CDSL charges
Failed Instruction Charges Nil Nil Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Angel One vs Alice Blue on Special Offers and Promotion

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

Compare Motilal Oswal vs Angel One vs Alice Blue on Special Offers and Promotion
  Motilal Oswal Angel One Alice Blue
Pay In and Pay Out Options 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
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays. Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges 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. Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail Info Not Available Info Not Available Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
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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...

  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

Detail Review...

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;

  • 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...

  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

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 Motilal Oswal Enquire for Angel One Enquire for Alice Blue

Last Updated on 2023-09-14T05:03:12+00:00