Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
The brokerage of Motilal Oswal ranges between 0.02 to 0.20%, the brokerage of Kotak Securities ranges between Rs. 20 per order, while the brokerage of Espresso Sharekhan ranges between Rs 20. The broker Motilal Oswal and Kotak Securities are full service brokers where Espresso Sharekhan is a discount broker. Overall rating for Motilal Oswal is 4, Kotak Securities is rated 4, Espresso Sharekhan is rated 4 out of 5.
Here we present side-by-side comparison of Motilal Oswal vs Kotak Securities vs Espresso Sharekhan 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 Kotak Securities vs Espresso Sharekhan 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 Kotak Securities vs Espresso Sharekhan in this setion with 360 degree view of broker information.
 Motilal Oswal |
 Kotak Securities |
 Espresso Sharekhan |
|
|---|---|---|---|
| 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 | BSE, NSE, 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. | Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert... |
Espresso, a part of Sharekhan offers the lowest brokerage online trading services at Rs. 20 flat brokerages on profitable intraday trades, and no brokerage on delivery and loss-making trades on the Beta-tested app and desktop trading platforms. |
| Broker Enquiry |
|
|
|
In this section we have compared Motilal Oswal vs Kotak Securities vs Espresso Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - Motilal Oswal and Kotak Securities offer Free account opening where Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opeing. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] as AMC for Demat account, Kotak Securities charges Rs 600 PA AMC for Demat account, where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.
| Charges | Motilal Oswal | Kotak Securities | Espresso Sharekhan |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Rs. 354 (Free for limited time) |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 400 per annum [Free for 1st year] | Rs 600 PA | Rs. 400 PA |
| Provide DP Service |  |
|
|
Plans are the most important feature you look when compare Motilal Oswal vs Kotak Securities vs Espresso Sharekhan. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Kotak Securities offers Multiple Plans where Motilal Oswal and Espresso Sharekhan doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Motilal Oswal | Kotak Securities | Espresso Sharekhan |
|---|---|---|---|
| Multiple Plans |  |
|
|
| Monthly Plans | |
|
|
| Yearly Plans | |
|
|
| Zerodha | Kotak Securities | Espresso Sharekhan | |
|---|---|---|---|
| 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.
Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.
Espresso Sharekhan Brokerage Plan detail - Pay only when you profit is a flat brokerage plan that offers free delivery trading and charges Max Rs. 20 per order brokerage on equity intraday, F&O, commodity, and currency only in case of profit. There will be NIL brokerage fee in case of loss.
| Brokerage Charges Compare | Motilal Oswal | Kotak Securities | Espresso Sharekhan |
|---|---|---|---|
| Plan Name | Default Brokerage Plan | Kotak Securities Trade Free Plan | Pay Only When You Profit |
| Equity Delivery | 0.20% | 0.25% | Free |
| Equity Intraday | 0.02% | Free | 0.03% or Rs 20 whichever is lower |
| Equity Futures | 0.02% | Delivery: Flat fee Rs. 20 per order| Intraday: Fre | 0.03% or Rs 20 whichever is lower |
| Equity Options | Rs 20 per lot | Delivery: Flat fee Rs. 20 per order| Intraday: Free | Flat Fee Rs 20 |
| Currency Futures | Rs 20 per lot | Delivery: Flat fee Rs. 20 per order| Intraday: Fre | 0.03% or Rs 20 whichever is lower |
| Currency Options | Rs 20 per lot | Delivery: Flat fee Rs. 20 per order| Intraday: Fre | Flat Fee Rs 20 |
| Commodity Trading | Futures: 0.02%| Options: Rs 200 Per Lot | Delivery: Flat fee Rs. 20 per order| Intraday: Fre | 0.03% or Rs 20 whichever is lower |
| Minimum Brokerage | Rs 21 per executed order | NIL | |
| Hidden Charges | No | No | |
| Funding | Yes - 18% interest PA | 12.49% interest PA | NA |
| Call & Trade Charges | NA | 20 calls free and after that Rs 20 per call | Rs. 50 + GST per order placed through dealing desk |
| Auto Square off Charges | NA | 20 calls free and after that Rs 20 per call | Rs. 50 + GST per order placed through dealing desk |
| Brokerage Calculator | Brokerage Calculator for Motilal Oswal | Brokerage Calculator for Kotak Securities | Brokerage Calculator for Espresso Sharekhan |
Compare Motilal Oswal vs Kotak Securities vs Espresso Sharekhan on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Motilal Oswal | Kotak Securities | Espresso Sharekhan |
|---|---|---|---|
| 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 360 Per Cr | Agri: Rs 275 Per Cr | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for motilal-oswal | Complete Brokerage Plans for kotak-securities | Complete Brokerage Plans for espresso-sharekhan |
Compare Motilal Oswal vs Kotak Securities vs Espresso Sharekhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities offers 3-in-1 Account where Motilal Oswal and Espresso Sharekhan 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 Kotak Securities offers NRI Trading where Espresso Sharekhan doesn't offers NRI Trading.
| Account Features Compare | Motilal Oswal | Kotak Securities | Espresso Sharekhan |
|---|---|---|---|
| 3 in 1 Account | |
|
|
| Charting | |
|
|
| Algo Trading | |
|
|
| SMS Alerts | |
|
|
| Online Demo | |
|
|
| Online Portfolio | |
|
|
| Margin Trading Funding Available | |
|
|
| Combined Ledger for Equity and Commodity | |
|
|
| Intraday Square-off Time | 3:15PM | 3:15PM | 3:15 PM |
| NRI Trading | |
|
|
| Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal vs Kotak Securities vs Espresso Sharekhan. 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.
| Motilal Oswal | Kotak Securities | Espresso Sharekhan | ||
|---|---|---|---|---|
57 Customer Reviews
 |
82 Customer Reviews
|
1 Customer Reviews
|
||
| 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 | Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews | Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews |
Compare Motilal Oswal vs Kotak Securities vs Espresso Sharekhan 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 - Motilal Oswal and Kotak Securities offers online mutual fund investment where Espresso Sharekhan doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Motilal Oswal and Kotak Securities offers PMS facility where Espresso Sharekhan doesn't offers PMS facility.
| Investment Offerings Compare | Motilal Oswal | Kotak Securities | Espresso Sharekhan |
|---|---|---|---|
| Equity Cash and F&O | |
|
|
| Currency Deravitives | |
|
|
| Commodity | |
|
|
| Online IPO Application | |
|
|
| Mutual Funds | |
|
|
| Bond / NCD | |
|
|
| ETF | |
|
|
| Banking | |
|
|
| Insurance | |
|
|
| Forex | |
|
|
| MF SIP Investment | |
|
|
| Equity SIP Investment | |
|
|
| PMS Service | |
|
|
| Other Investment Options | NIL | NIL | SGB, Buyback, IPO |
Order Type - Compare Motilal Oswal vs Kotak Securities vs Espresso Sharekhan 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 Kotak Securities provides Cover Orders (CO) facility where Espresso Sharekhan doesn't provides Cover Orders. 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 - 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 | Kotak Securities | Espresso Sharekhan |
|---|---|---|---|
| CNC order | |
|
|
| MIS order | |
|
|
| NRML order | |
|
|
| Cover order | |
|
|
| Bracket order | |
|
|
| AMO-After Market Orders | |
|
|
| GTC-Good Till Cancelled | |
|
|
Compare Motilal Oswal vs Kotak Securities vs Espresso Sharekhan 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 | Kotak Securities | Espresso Sharekhan |
|---|---|---|---|
| 24/7 Customer Service | |
|
|
| Email Support | |
|
|
| Onine Live Chat | |
|
|
| Phone Support | |
|
|
| Toll Free Number | |
|
|
| Through Branches | |
|
|
| Customer Care Number | 022 40548000/022 67490600 | 1800 209 9191 | 022 6767 0700 |
| Account Opening Process | Online/Paperless | Online | 100% online/paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://edumo.motilaloswal.com/ | https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank | https://www.myespresso.com/the-espresso-blog |
| Head Office Address | Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025 |
27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051 |
Sharekhan Comtrade Private Limited Lodha iThink Techno Campus, 10th Floor, Beta Building, Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai - 400 042, Maharashtra. |
| Website | https://www.motilaloswal.com/ | https://www.kotaksecurities.com | https://www.myespresso.com/ |
Compare Motilal Oswal vs Kotak Securities vs Espresso Sharekhan on research reports and tips provided by broker.
| Motilal Oswal | Kotak Securities | Espresso Sharekhan | |
|---|---|---|---|
| Research Mutual Funds | |
|
|
| Research Equity Reports | |
|
|
| Research ETF | |
|
|
| Daily Market Report | |
|
|
| Free Tips | |
|
|
| Quarterly Result Analysis | |
|
|
| News Alerts | |
|
|
Compare Motilal Oswal vs Kotak Securities vs Espresso Sharekhan on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Motilal Oswal | Kotak Securities | Espresso Sharekhan | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 10900 | 49200 | CDSL-DP-45 |
| Demat Account Annual Maintenance Charges(AMC) | ₹400 pa | ₹780 pa | ₹400 pa |
| Advance Deposit | NIL | NA | Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) |
| Statutory charges | Nil | Nil | Actual Stamp Paper Charges |
| Transaction Charges on Debit (Per ISIN) | 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) | 0.04% (Min ₹27) + CDSL charges | 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) |
| Demat | ₹50 per certificate + ₹50 courier charges | ₹3 per certificate + ₹50 courier charges | ₹5 per certificate (Min 50 per request) |
| Remat | ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges | ₹10 for every hundred securities (Min ₹15) | ₹50 per certificate or ₹50 for every hundred securities |
| Pledge Creation | ₹35 | 0.05% of transaction value (Min ₹30) | 0.03% (Min ₹100) |
| Pledge Creation Confirmation | Nil | 0.05% of transaction value (Min ₹30) | NIL |
| Pledge Closure | ₹35 | 0.05% of transaction value (Min ₹30) | NIL |
| Pledge Closure Confirmation | Nil | 0.05% of transaction value (Min ₹30) | NIL |
| Pledge Invocation | ₹35 | 0.05% of transaction value (Min ₹30) | NIL |
| Failed Instruction Charges | Nil | Nil | Nil |
| Other Charges | Nil | Nil | Freeze/De-freeze - ₹25 per transaction Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100) Client Master changes ₹30 per request |
Compare Motilal Oswal vs Kotak Securities vs Espresso Sharekhan on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Motilal Oswal | Kotak Securities | Espresso Sharekhan | |
|---|---|---|---|
| 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 Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank). Pay-out/Fund Withdrawal - Bank Transfer only. |
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Expresso Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time | Max 24 hrs except bank holidays. | Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. | Max 24 hrs except for 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. | (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank | Around 31 banks allow instant credit facility with charges of Rs 9 + GST |
| Bank Detail | Info Not Available | Direct from your Kotak Mahindra bank account. | |
| 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;
|
|
|
| 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;
|
|
|
| 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) | ||
| Enquire for Motilal Oswal | Enquire for Kotak Securities | Enquire for Espresso Sharekhan |
Last Updated on 2023-09-14T05:03:12+00:00
