FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
The brokerage of Motilal Oswal ranges between 0.02 to 0.20%, the brokerage of HDFC Sky ranges between Rs 20, while the brokerage of ProStocks ranges between Rs 15. The broker HDFC Sky and ProStocks are a discount brokers where Motilal Oswal is a full service broker. Overall rating for Motilal Oswal is 4, HDFC Sky is rated 4, ProStocks is rated 4 out of 5.
Here we present side-by-side comparison of Motilal Oswal vs HDFC Sky 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 Motilal Oswal vs HDFC Sky 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 Motilal Oswal vs HDFC Sky vs ProStocks in this setion with 360 degree view of broker information.
In this section we have compared Motilal Oswal vs HDFC Sky 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 - Motilal Oswal charges Rs 400 per annum [Free for 1st year] as AMC for Demat account, HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.
Charges | Motilal Oswal | HDFC Sky | 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 | Rs 400 per annum [Free for 1st year] | Rs 240 PA (Free for 1st year) | Rs 0 (Rs 1000 Refundable Deposit) |
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Plans are the most important feature you look when compare Motilal Oswal vs HDFC Sky vs ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks offers Multiple Plans where Motilal Oswal and HDFC Sky doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where Motilal Oswal and HDFC Sky doesn't offer.
Plan Types | Motilal Oswal | HDFC Sky | ProStocks |
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Multiple Plans | ![]() |
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Monthly Plans | ![]() |
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Yearly Plans | ![]() |
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Zerodha | Zerodha | ProStocks | |
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Account Opening Request |
Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.
HDFC Sky Brokerage Plan detail - HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across 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 | Motilal Oswal | HDFC Sky | ProStocks |
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Plan Name | Default Brokerage Plan | Fixed pricing model | Flat Fee Rs 15 Trading Plan |
Equity Delivery | 0.20% | 0.1% or Rs 20 whichever is lower | Free |
Equity Intraday | 0.02% | 0.1% or Rs 20 whichever is lower | Flat Fee Rs 15 |
Equity Futures | 0.02% | 0.1% or Rs 20 whichever is lower | Flat Fee Rs 15 |
Equity Options | Rs 20 per lot | Flat Fee Rs 20 | Flat Fee Rs 15 |
Currency Futures | Rs 20 per lot | 0.1% or Rs 20 whichever is lower | Flat Fee Rs 15 |
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 | NA |
Minimum Brokerage | NA | ||
Hidden Charges | No | No | |
Funding | Yes - 18% interest PA | Yes - 12% interest PA | No |
Call & Trade Charges | NA | Rs 20 per call | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
Auto Square off Charges | NA | 0.1% or Rs 20 whichever is lower | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
Brokerage Calculator | Brokerage Calculator for Motilal Oswal | Brokerage Calculator for HDFC Sky | Brokerage Calculator for ProStocks |
Compare Motilal Oswal vs HDFC Sky vs ProStocks on transaction charges and PCM fee by segment.
Transaction Charges Compare | Motilal Oswal | HDFC Sky | 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 | NA | NA |
Brokerage Charges | Complete Brokerage Plans for motilal-oswal | Complete Brokerage Plans for hdfc-sky | Complete Brokerage Plans for prostocks |
Compare Motilal Oswal vs HDFC Sky vs ProStocks on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky offers 3-in-1 Account where Motilal Oswal and ProStocks offers only 2-in-1 account which includes trading and demat account. Margin Funding - Motilal Oswal and HDFC Sky offers margin funding where ProStocks doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
Account Features Compare | Motilal Oswal | HDFC Sky | ProStocks |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Algo Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Combined Ledger for Equity and Commodity | ![]() |
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Intraday Square-off Time | 3:15PM | 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 Motilal Oswal vs HDFC Sky 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.
Trading Platform Compare | Motilal Oswal | HDFC Sky | ProStocks |
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Desktop Trading Platform | Orion Lite | HDFC Sky | Star ProStocks |
Desktop Demo | Desktop Demo | Desktop Demo | Info Not Available |
Desktop Platform (Windows) | ![]() |
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Desktop Platform (Mac) | ![]() |
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Web Trading Platform | ![]() |
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Web Trading Detail |
https://power.motilaloswal.com/MOSL/userMaster/login |
https://hdfcsky.com/ |
https://www.prostocksweb.com/ |
Web Trading Demo | Web Trading Demo | Web Trading Demo | Info Not Available |
Mobile Site | ![]() |
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Mobile Trading | ![]() |
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Mobile Trading App | MO Trader | HDFC Sky App | Star ProStocks |
Mobile Trading App Demo | MO Trader Demo | HDFC Sky App Demo | Info Not Available |
Android Mobile App | ![]() |
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Android App Download | Andriod MO Trader Download | Andriod HDFC Sky App Download | Andriod Download |
iPhone Mobile App (IOS) | ![]() |
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iOS App Download | iOS MO Trader Download | iOS HDFC Sky App Download | iOS Star ProStocks Download |
Android Tablet App | ![]() |
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iPad App (IOS) | ![]() |
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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 HDFC Sky | Equity Intraday and Delivery Brokerage Calculator for ProStocks |
Futures Brokerage Calculator | Futures Brokerage Calculator for Motilal Oswal | Futures Brokerage Calculator for HDFC Sky | Futures Brokerage Calculator for ProStocks |
Options Brokerage Calculator | Options Brokerage Calculator for Motilal Oswal | Options Brokerage Calculator for HDFC Sky | Options Brokerage Calculator for ProStocks |
Detail | Detail on Trading Platforms for motilal-oswal | Detail on Trading Platforms for hdfc-sky | Detail on Trading Platforms for prostocks |
Compare Motilal Oswal vs HDFC Sky 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 - Motilal Oswal and HDFC Sky offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Motilal Oswal and HDFC Sky offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Motilal Oswal offers PMS facility where HDFC Sky and ProStocks doesn't offers PMS facility.
Investment Offerings Compare | Motilal Oswal | HDFC Sky | ProStocks |
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Equity Cash and F&O | ![]() |
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Currency Deravitives | ![]() |
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Commodity | ![]() |
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Online IPO Application | ![]() |
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Mutual Funds | ![]() |
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Bond / NCD | ![]() |
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ETF | ![]() |
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Banking | ![]() |
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Insurance | ![]() |
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Forex | ![]() |
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MF SIP Investment | ![]() |
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Equity SIP Investment | ![]() |
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PMS Service | ![]() |
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Other Investment Options | NIL | NIL |
Order Type - Compare Motilal Oswal vs HDFC Sky 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 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) - Motilal Oswal and ProStocks AMO facility where HDFC Sky doesn't provides AMO. 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 Type Compare | Motilal Oswal | HDFC Sky | ProStocks |
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CNC order | ![]() |
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MIS order | ![]() |
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NRML order | ![]() |
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Cover order | ![]() |
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Bracket order | ![]() |
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AMO-After Market Orders | ![]() |
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GTC-Good Till Cancelled | ![]() |
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Compare Motilal Oswal vs HDFC Sky 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 | Motilal Oswal | HDFC Sky | ProStocks |
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24/7 Customer Service | ![]() |
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Email Support | ![]() |
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Onine Live Chat | ![]() |
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Phone Support | ![]() |
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Toll Free Number | ![]() |
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Through Branches | ![]() |
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Customer Care Number | 022 40548000/022 67490600 | 1800 121 2109 | +91-2262-434343 |
Account Opening Process | Online/Paperless | Online | Online/Paperless |
Customer Support Email | [email protected] | [email protected] | [email protected] |
Knowledge Center/Education | https://edumo.motilaloswal.com/ | https://hdfcsky.com/learn | https://www.prostocks.com/faq.html |
Head Office Address | Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025 |
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA, 8 FLR, NEAR KANJURMARG RLYSTN, KANJURMARG, MUMBAI-MH-400042 |
Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063 |
Website | https://www.motilaloswal.com/ | https://hdfcsky.com/ | https://www.prostocks.com |
Compare Motilal Oswal vs HDFC Sky vs ProStocks on research reports and tips provided by broker.
Motilal Oswal | HDFC Sky | 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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Daily Market Report | ![]() |
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Free Tips | ![]() |
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Quarterly Result Analysis | ![]() |
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News Alerts | ![]() |
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Compare Motilal Oswal vs HDFC Sky vs ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details
Motilal Oswal | HDFC Sky | ProStocks | |
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DP Source | CDSL | CDSL | CDSL |
DP ID | 10900 | CDSL: 1209 | 83200 |
Demat Account Annual Maintenance Charges(AMC) | ₹400 pa | ₹750 pa | Free (₹1000 Refundable Deposit) |
Advance Deposit | NIL | Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- | 1000/- Refundable Deposit against charges |
Statutory charges | Nil | Nil | Nil |
Transaction Charges on Debit (Per ISIN) | 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) | 0.04% (Min ₹20) + CDSL charges | ₹20 per ISIN |
Demat | ₹50 per certificate + ₹50 courier charges | ₹5 per certificate + ₹35 request charges | ₹50 per set up + ₹50 courier charges |
Remat | ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges | ₹30 | ₹50 per set up + ₹50 courier charges |
Pledge Creation | ₹35 | Nil | ₹50 |
Pledge Creation Confirmation | Nil | 0.04% of transaction value (Min ₹40) | Nil |
Pledge Closure | ₹35 | Nil | ₹50 |
Pledge Closure Confirmation | Nil | 0.04% of transaction value (Min ₹40) | Nil |
Pledge Invocation | ₹35 | 0.04% of transaction value (Min ₹40) | ₹50 |
Failed Instruction Charges | Nil | Nil | ₹50 per transaction |
Other Charges | Nil | Nil | Nil |
Compare Motilal Oswal vs HDFC Sky vs ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
Motilal Oswal | HDFC Sky | ProStocks | |
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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 from HDFC Bank. 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 Prostocks Mobile, Prostocks Desktop and Prostocks Web application. Pay-out/Fund Withdrawal - Bank Transfer only |
Payout Time | Max 24 hrs except bank holidays. | Instant to HDFC Bank. | 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. | Info Not Available | Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms. |
Bank Detail | Info Not Available | Direct from your HDFC bank account. | SUNLIGHT BROKING LLP, Account Number:00600340080912 Bank and Branch: HDFC BANK, FORT 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;
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Want to know why to trade with HDFC Sky, here are the promising reasons;
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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;
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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) | 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 Motilal Oswal | Enquire for HDFC Sky | Enquire for ProStocks |
Last Updated on 2023-09-14T05:03:12+00:00