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The brokerage of Finvasia ranges between Rs 0, the brokerage of Motilal Oswal ranges between 0.02 to 0.20%, while the brokerage of ProStocks ranges between Rs 15. The broker Finvasia and ProStocks are discount brokers where Motilal Oswal is a full service broker. Overall rating for Finvasia is 4, Motilal Oswal is rated 4, ProStocks is rated 4 out of 5.
Here we present side-by-side comparison of Finvasia vs Motilal Oswal vs ProStocks stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs Motilal Oswal vs ProStocks 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 Finvasia vs Motilal Oswal vs ProStocks in this setion with 360 degree view of broker information.
 Finvasia |
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| Broker Type | Discount Broker | Full Service Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX | NSE, BSE |
| Broker Overview | 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...  |
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. | Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an... |
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In this section we have compared Finvasia vs Motilal Oswal vs ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Finvasia charges Free as AMC for Demat account, Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.
| Charges | Finvasia | Motilal Oswal | ProStocks |
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| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Free | Rs 400 per annum [Free for 1st year] | Rs 0 (Rs 1000 Refundable Deposit) |
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Plans are the most important feature you look when compare Finvasia vs Motilal Oswal vs ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks offers Multiple Plans where Finvasia and Motilal Oswal doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where Finvasia and Motilal Oswal doesn't offer.
| Plan Types | Finvasia | Motilal Oswal | ProStocks |
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| Zerodha | Zerodha | ProStocks | |
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Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.
ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.
| Brokerage Charges Compare | Finvasia | Motilal Oswal | ProStocks |
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| Plan Name | Zero Brokerage Trading Plan | Default Brokerage Plan | Flat Fee Rs 15 Trading Plan |
| Equity Delivery | Rs 0 | 0.20% | Free |
| Equity Intraday | Rs 0 | 0.02% | Flat Fee Rs 15 |
| Equity Futures | Rs 0 | 0.02% | Flat Fee Rs 15 |
| Equity Options | Rs 0 | Rs 20 per lot | Flat Fee Rs 15 |
| Currency Futures | Rs 0 | Rs 20 per lot | Flat Fee Rs 15 |
| Currency Options | Rs 0 | Rs 20 per lot | Flat Fee Rs 15 |
| Commodity Trading | Rs 0 | Futures: 0.02%| Options: Rs 200 Per Lot | NA |
| Minimum Brokerage | NA | NA | |
| Hidden Charges | No | No | |
| Call & Trade Charges | Free | NA | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
| Auto Square off Charges | Free | NA | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
| Brokerage Calculator | Brokerage Calculator for Finvasia | Brokerage Calculator for Motilal Oswal | Brokerage Calculator for ProStocks |
Compare Finvasia vs Motilal Oswal vs ProStocks on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Finvasia | Motilal Oswal | ProStocks |
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| 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 finvasia | Complete Brokerage Plans for motilal-oswal | Complete Brokerage Plans for prostocks |
Compare Finvasia vs Motilal Oswal vs ProStocks 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 ProStocks doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
| Account Features Compare | Finvasia | Motilal Oswal | ProStocks |
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| 3 in 1 Account | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15 PM | 3:15PM | 3:15PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs Motilal Oswal vs ProStocks. 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.
| Finvasia | Motilal Oswal | ProStocks | ||
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17 Customer Reviews
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57 Customer Reviews
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20 Customer Reviews
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| Overall Ratings | ||||
| Broker Rating | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews | ProStocks is Rated 0.9 / 5 based on 20 customer reviews |
Compare Finvasia vs Motilal Oswal vs ProStocks 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 - Finvasia and Motilal Oswal offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Finvasia and Motilal Oswal offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Motilal Oswal offers PMS facility where Finvasia and ProStocks doesn't offers PMS facility.
| Investment Offerings Compare | Finvasia | Motilal Oswal | ProStocks |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Finvasia vs Motilal Oswal vs ProStocks 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 - Motilal Oswal and ProStocks offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.
| Order Type Compare | Finvasia | Motilal Oswal | ProStocks |
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Compare Finvasia vs Motilal Oswal vs ProStocks 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 Service Compare | Finvasia | Motilal Oswal | ProStocks |
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| 24/7 Customer Service | |
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| Customer Care Number | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 022 40548000/022 67490600 | +91-2262-434343 |
| Account Opening Process | Online/Paperless | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected]/[email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://finvasia.com/announcements | https://edumo.motilaloswal.com/ | https://www.prostocks.com/faq.html |
| Head Office Address | Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025 |
Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063 |
| Website | https://www.finvasia.com/ | https://www.motilaloswal.com/ | https://www.prostocks.com |
Compare Finvasia vs Motilal Oswal vs ProStocks on research reports and tips provided by broker.
| Finvasia | Motilal Oswal | ProStocks | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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Compare Finvasia vs Motilal Oswal vs ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Finvasia | Motilal Oswal | ProStocks | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 84300 | 10900 | 83200 |
| Demat Account Annual Maintenance Charges(AMC) | Free | ₹400 pa | Free (₹1000 Refundable Deposit) |
| Advance Deposit | Rs 0 | NIL | 1000/- Refundable Deposit against charges |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹9 + ₹5.50 (CDSL Charges) for every transaction | 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) | ₹20 per ISIN |
| Demat | ₹15 per certificate | ₹50 per certificate + ₹50 courier charges | ₹50 per set up + ₹50 courier charges |
| Remat | ₹15 for every hundred securities + CDSL Charges | ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges | ₹50 per set up + ₹50 courier charges |
| Pledge Creation | ₹25 per transaction | ₹35 | ₹50 |
| Pledge Creation Confirmation | NIL | Nil | Nil |
| Pledge Closure | ₹25 per transaction | ₹35 | ₹50 |
| Pledge Closure Confirmation | NIL | Nil | Nil |
| Pledge Invocation | ₹19 per transaction | ₹35 | ₹50 |
| Failed Instruction Charges | ₹49 | Nil | ₹50 per transaction |
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Compare Finvasia vs Motilal Oswal vs ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Finvasia | Motilal Oswal | ProStocks | |
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| Likes |
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;
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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;
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| Dislikes |
Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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There are some drawbacks or disadvantages that might discourage you to not opening an account with Motilal Oswal. Here are some important trading cons;
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | Free Demat AMC (Client need to opt for 3,000 Value Pack (prepaid brokerage) or Open the A/c with above 25,000 margin) | ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit. |
| Enquire for Finvasia | Enquire for Motilal Oswal | Enquire for ProStocks |
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