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Motilal Oswal Vs Finvasia Vs Paytm Money: Which one is better?

The brokerage of Motilal Oswal ranges between 0.02 to 0.20%, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Paytm Money ranges between Rs 20. The broker Finvasia and Paytm Money are a discount brokers where Motilal Oswal is a full service broker. Overall rating for Motilal Oswal is 4, Finvasia is rated 4, Paytm Money is rated 4 out of 5.

Here we present side-by-side comparison of Motilal Oswal vs Finvasia vs Paytm Money 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 Finvasia vs Paytm Money 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 Finvasia vs Paytm Money in this setion with 360 degree view of broker information.

Compare Motilal Oswal vs Finvasia vs Paytm Money on Service

  Motilal Oswal Compare
Motilal Oswal
Finvasia Compare
Finvasia
Paytm Money Compare
Paytm Money
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 NSE, BSE
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. Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...Know more about Finvasia In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... Know more about Paytm Money
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Paytm Money
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Account Opening Charges and AMC

Compare Motilal Oswal vs Finvasia vs Paytm Money on Trading & Demat Account Opening Charges

In this section we have compared Motilal Oswal vs Finvasia vs Paytm Money 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, Finvasia charges Free AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal vs Finvasia vs Paytm Money
Charges Motilal Oswal Finvasia Paytm Money
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free Free
Demat AMC Rs 400 per annum [Free for 1st year] Free Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Motilal Oswal vs Finvasia vs Paytm Money on Plan Options

Plans are the most important feature you look when compare Motilal Oswal vs Finvasia vs Paytm Money. 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 Motilal Oswal vs Finvasia vs Paytm Money on Plan Options
Plan Types Motilal Oswal Finvasia Paytm Money
Multiple Plans No No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha Paytm Money
Account Opening Request
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Brokerage Charges

Compare Motilal Oswal vs Finvasia vs Paytm Moneyon 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.

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare Motilal Oswal vs Finvasia vs Paytm Money
Brokerage Charges Compare Motilal Oswal Finvasia Paytm Money
Plan Name Default Brokerage Plan Zero Brokerage Trading Plan Flat Brokerage Plan
Equity Delivery 0.20% Rs 0 2.5% or Rs 20 whichever is lower
Equity Intraday 0.02% Rs 0 0.05% or Rs 20 whichever is lower
Equity Futures 0.02% Rs 0 0.02% or Rs 20 whichever is lower
Equity Options Rs 20 per lot Rs 0 Flat Fee Rs 20
Currency Futures Rs 20 per lot Rs 0 NA
Currency Options Rs 20 per lot Rs 0 NA
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot Rs 0 NA
Minimum Brokerage NA
Hidden Charges No No
Funding Yes - 18% interest PA Yes, 24% interest PA NA
Call & Trade Charges NA Free Rs 100/order +GST
Auto Square off Charges NA Free Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Finvasia Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Motilal Oswal vs Finvasia vs Paytm Money on Transaction Charges

Compare Motilal Oswal vs Finvasia vs Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare Motilal Oswal vs Finvasia vs Paytm Money
Transaction Charges Compare Motilal Oswal Finvasia Paytm Money
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 motilal-oswal Complete Brokerage Plans for finvasia Complete Brokerage Plans for paytm-money
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Account Features

Compare Motilal Oswal vs Finvasia vs Paytm Money on Account Features

Compare Motilal Oswal vs Finvasia vs Paytm Money 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 offers margin funding where Finvasia and Paytm Money doesn't offers margin funding. NRI Trading - Motilal Oswal and Finvasia offers NRI Trading where Paytm Money doesn't offers NRI Trading.

Account Features - Motilal Oswal vs Finvasia vs Paytm Money
Account Features Compare Motilal Oswal Finvasia Paytm Money
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 Paytm Money have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes No
SMS Alerts Yes No No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15PM 3:15 PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare Motilal Oswal vs Finvasia vs Paytm Moneyon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal vs Finvasia vs Paytm Money. 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 Finvasia vs Paytm Money
Trading Platform Compare Motilal Oswal Finvasia Paytm Money
Desktop Trading Platform Orion Lite OMNESYS NEST Paytm Money
Desktop Demo Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

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

https://trade.finvasia.com/

Paytm Money Web

Web Trading Demo Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App MO Trader SCALPERT Paytm Money App
Mobile Trading App Demo MO Trader Demo SCALPERT Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod MO Trader Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS MO Trader Download Info Not Available iOS Paytm Money App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Free Basic platforms are free, advance platforms are chargeable. Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for finvasia Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Motilal Oswal vs Finvasia vs Paytm Money on User Rating

  Motilal Oswal Finvasia Paytm Money
  57 Customer Reviews    Rate Motilal Oswal 17 Customer Reviews    Rate Finvasia 6 Customer Reviews    Rate Paytm Money
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 Finvasia is Rated 4.2 / 5 based on 17 customer reviews Paytm Money is Rated 3.0 / 5 based on 6 customer reviews
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Investment Offerings

Compare Motilal Oswal vs Finvasia vs Paytm Money on Investment Offerings

Compare Motilal Oswal vs Finvasia vs Paytm Money 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 - Motilal Oswal and Finvasia offers Commodity Trading where Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Motilal Oswal offers PMS facility where Finvasia and Paytm Money doesn't offers PMS facility.

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

Compare Motilal Oswal vs Finvasia vs Paytm Money on Order Types

Order Type - Compare Motilal Oswal vs Finvasia vs Paytm Money 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 Paytm Money offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.

Order Types - Compare Motilal Oswal vs Finvasia vs Paytm Money
Order Type Compare Motilal Oswal Finvasia Paytm Money
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 No Yes
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Customer Service Offered

Compare Motilal Oswal vs Finvasia vs Paytm Money on Customer Service

Compare Motilal Oswal vs Finvasia vs Paytm Money 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 Finvasia vs Paytm Money
Customer Service Compare Motilal Oswal Finvasia Paytm Money
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes No
Toll Free Number No No No
Through Branches Yes No No
Customer Care Number 022 40548000/022 67490600 Support: +91 9779 097 777/Sales: +91 9098 001 001 NA
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://edumo.motilaloswal.com/ https://finvasia.com/announcements https://www.paytmmoney.com/care
Head Office Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website https://www.motilaloswal.com/ https://www.finvasia.com/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Motilal Oswal vs Finvasia vs Paytm Money on Research Reports, Tips

Compare Motilal Oswal vs Finvasia vs Paytm Money on research reports and tips provided by broker.

Research Reports - Compare Motilal Oswal vs Finvasia vs Paytm Money
  Motilal Oswal Finvasia Paytm Money
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No No
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Demat Account

Compare Motilal Oswal vs Finvasia vs Paytm Money on Demat Account

Compare Motilal Oswal vs Finvasia vs Paytm Money on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Motilal Oswal vs Finvasia vs Paytm Money
  Motilal Oswal Finvasia Paytm Money
DP Source CDSL CDSL CDSL
DP ID 10900 84300 12088800
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Free Zero
Advance Deposit NIL Rs 0 Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹10 per ISIN
Demat ₹50 per certificate + ₹50 courier charges ₹15 per certificate ₹250 per 100 shares
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹15 for every hundred securities + CDSL Charges ₹250 per 100 shares
Pledge Creation ₹35 ₹25 per transaction ₹32 per ISIN
Pledge Creation Confirmation Nil NIL Nil
Pledge Closure ₹35 ₹25 per transaction ₹32 per ISIN
Pledge Closure Confirmation Nil NIL Nil
Pledge Invocation ₹35 ₹19 per transaction ₹32 per ISIN
Failed Instruction Charges Nil ₹49 Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Finvasia vs Paytm Money on Special Offers and Promotion

Compare Motilal Oswal vs Finvasia vs Paytm Money on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Motilal Oswal vs Finvasia vs Paytm Money on Special Offers and Promotion
  Motilal Oswal Finvasia Paytm Money
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 with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays. Up to 24 hrs except for bank holidays. Max 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 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. Paytm Money allows 190+ Banks.
Bank Detail Info Not Available FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
NA
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;

  • 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...

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

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...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

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 Account Opening+Free Demat AMC+Free Trading.
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Last Updated on 2023-09-14T05:03:12+00:00