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Motilal Oswal Vs Geojit Vs Upstox: Which one is better?

The brokerage of Motilal Oswal ranges between 0.02 to 0.20%, the brokerage of Geojit ranges between .03 to .3%, while the brokerage of Upstox ranges between Rs 20. The broker Motilal Oswal and Geojit are full service brokers where Upstox is a discount broker. Overall rating for Motilal Oswal is 4, Geojit is rated 4, Upstox is rated 4.5 out of 5.

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

Compare Motilal Oswal vs Geojit vs Upstox on Service

  Motilal Oswal Compare
Motilal Oswal
Geojit Compare
Geojit
Upstox Compare
Upstox
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 NSE, BSE, MCX
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. Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce...Know more about Geojit Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Upstox
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Account Opening Charges and AMC

Compare Motilal Oswal vs Geojit vs Upstox on Trading & Demat Account Opening Charges

In this section we have compared Motilal Oswal vs Geojit vs Upstox on trading & demat account opening charges and AMC. Trading account opening charges - Motilal Oswal and Geojit offer Free account opening where Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] as AMC for Demat account, Geojit charges Rs 700 PA AMC for Demat account, where Upstox charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal vs Geojit vs Upstox
Charges Motilal Oswal Geojit Upstox
Trading Account Opening Fees Free Free Promotion offer: Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 400 per annum [Free for 1st year] Rs 700 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Motilal Oswal vs Geojit vs Upstox on Plan Options

Plans are the most important feature you look when compare Motilal Oswal vs Geojit vs Upstox. 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 Geojit vs Upstox on Plan Options
Plan Types Motilal Oswal Geojit Upstox
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 Upstox
Account Opening Request
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Brokerage Charges

Compare Motilal Oswal vs Geojit vs Upstoxon 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.

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

Brokerage Charges - Compare Motilal Oswal vs Geojit vs Upstox
Brokerage Charges Compare Motilal Oswal Geojit Upstox
Plan Name Default Brokerage Plan Online Trading Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Equity Delivery 0.20% 0.30% or 30 paisa 2.5% or Rs 20 whichever is lower
Equity Intraday 0.02% 0.03% or 3 paisa 0.05% or Rs 20 whichever is lower
Equity Futures 0.02% 0.01% 0.05% or Rs 20 whichever is lower
Equity Options Rs 20 per lot Rs 50 Per Lot Flat Fee Rs 20
Currency Futures Rs 20 per lot 0.03% or 3 paisa 0.05% or Rs 20 whichever is lower
Currency Options Rs 20 per lot Rs 50 Per Lot Flat Fee Rs 20
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Flat Fee Rs 20
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Yes - 20% interest PA NA
Call & Trade Charges NA Free Rs 50 + 18% GST
Auto Square off Charges NA Free Rs 50 + 18% GST
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Geojit Brokerage Calculator for Upstox
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Share Broker's Transaction Charges

Compare Motilal Oswal vs Geojit vs Upstox on Transaction Charges

Compare Motilal Oswal vs Geojit vs Upstox on transaction charges and PCM fee by segment.

Transaction Charges - Compare Motilal Oswal vs Geojit vs Upstox
Transaction Charges Compare Motilal Oswal Geojit Upstox
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 geojit Complete Brokerage Plans for upstox
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Account Features

Compare Motilal Oswal vs Geojit vs Upstox on Account Features

Compare Motilal Oswal vs Geojit vs Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 Account where Motilal Oswal and Geojit 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 - Motilal Oswal and Geojit offers NRI Trading where Upstox doesn't offers NRI Trading.

Account Features - Motilal Oswal vs Geojit vs Upstox
Account Features Compare Motilal Oswal Geojit Upstox
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. Yes, Upstox have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes Yes
Algo Trading No No Yes
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 Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare Motilal Oswal vs Geojit vs Upstoxon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal vs Geojit vs Upstox. 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 Geojit vs Upstox
Trading Platform Compare Motilal Oswal Geojit Upstox
Desktop Trading Platform Orion Lite SELFIE Platinum Upstox Pro
Desktop Demo Desktop Demo Desktop Demo 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://selfie.geojit.net/

https://pro.upstox.com/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App MO Trader SELFIE Geojit Upstox
Mobile Trading App Demo MO Trader Demo SELFIE Geojit Demo Upstox Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod MO Trader Download Andriod SELFIE Geojit Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS MO Trader Download iOS SELFIE Geojit Download iOS Upstox Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No 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 Geojit Equity Intraday and Delivery Brokerage Calculator for Upstox
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Upstox
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Geojit Options Brokerage Calculator for Upstox
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for geojit Detail on Trading Platforms for upstox

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Broker Ratings by Users

Compare Motilal Oswal vs Geojit vs Upstox on User Rating

  Motilal Oswal Geojit Upstox
  57 Customer Reviews    Rate Motilal Oswal 79 Customer Reviews    Rate Geojit 12 Customer Reviews    Rate Upstox
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 Geojit is Rated 3.7 / 5 based on 79 customer reviews Upstox is Rated 3.7 / 5 based on 12 customer reviews
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Investment Offerings

Compare Motilal Oswal vs Geojit vs Upstox on Investment Offerings

Compare Motilal Oswal vs Geojit vs Upstox 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 Geojit offers PMS facility where Upstox doesn't offers PMS facility.

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

Compare Motilal Oswal vs Geojit vs Upstox on Order Types

Order Type - Compare Motilal Oswal vs Geojit vs Upstox 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) - Motilal Oswal and Upstox provides Cover Orders (CO) facility where Geojit doesn't provides Cover Orders. Bracket Orders (BO) - Motilal Oswal and Upstox provides Bracket Orders (BO) facility where Geojit 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 Motilal Oswal vs Geojit vs Upstox
Order Type Compare Motilal Oswal Geojit Upstox
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes No Yes
Bracket order Yes No Yes
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes Yes
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Customer Service Offered

Compare Motilal Oswal vs Geojit vs Upstox on Customer Service

Compare Motilal Oswal vs Geojit vs Upstox 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 Geojit vs Upstox
Customer Service Compare Motilal Oswal Geojit Upstox
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No Yes
Phone Support Yes Yes Yes
Toll Free Number No Yes No
Through Branches Yes Yes Yes
Customer Care Number 022 40548000/022 67490600 1800-425-5501/1800-103-5501/91-484-2405822 +91 22 6130 9999
Account Opening Process Online/Paperless Offline Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://edumo.motilaloswal.com/ https://insights.geojit.com/ https://upstox.com/help-center/
Head Office Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website https://www.motilaloswal.com/ https://www.geojit.com/ https://upstox.com/
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Tips/Research/Reports Published

Compare Motilal Oswal vs Geojit vs Upstox on Research Reports, Tips

Compare Motilal Oswal vs Geojit vs Upstox on research reports and tips provided by broker.

Research Reports - Compare Motilal Oswal vs Geojit vs Upstox
  Motilal Oswal Geojit Upstox
Research Mutual Funds Yes Yes No
Research Equity Reports Yes Yes No
Research ETF Yes Yes No
Daily Market Report Yes Yes No
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 Geojit vs Upstox on Demat Account

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

Demat Charges - Compare Motilal Oswal vs Geojit vs Upstox
  Motilal Oswal Geojit Upstox
DP Source CDSL CDSL CDSL
DP ID 10900 48900 81800
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹600 pa ₹300 PA
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) 0.02% of transaction value (Max ₹40) + CDSL charges ₹13 + ₹5.50 CDSL charges
Demat ₹50 per certificate + ₹50 courier charges ₹100 per demat request max 5 + ₹20 each additional certificate ₹20 + ₹50 courier charges
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation ₹35 ₹50 per transaction 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation Nil Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure ₹35 Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation Nil Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation ₹35 ₹50 per transaction 0.05% of the transaction value (Min ₹50)
Failed Instruction Charges Nil Nil ₹50
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Geojit vs Upstox on Special Offers and Promotion

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

Compare Motilal Oswal vs Geojit vs Upstox on Special Offers and Promotion
  Motilal Oswal Geojit Upstox
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 funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SELFIE Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays. Upto 24 Hrs except 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. Info Not Available Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.
Bank Detail Info Not Available Info Not Available HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
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...

  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

Detail Review...

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

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...

  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

Detail Review...

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

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) Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
Enquire for Motilal Oswal Enquire for Geojit Enquire for Upstox

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