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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 Groww ranges between Rs 20. The broker Motilal Oswal and Kotak Securities are full service brokers where Groww is a discount broker. Overall rating for Motilal Oswal is 4, Kotak Securities is rated 4, Groww is rated 4 out of 5.
Here we present side-by-side comparison of Motilal Oswal vs Kotak Securities vs Groww 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 Groww 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 Groww in this setion with 360 degree view of broker information.
 Motilal Oswal |
 Kotak Securities |
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| Broker Type | Full Service Broker | Full Service 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. | 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... |
Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... |
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In this section we have compared Motilal Oswal vs Kotak Securities vs Groww 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, Kotak Securities charges Rs 600 PA AMC for Demat account, where Groww charges Free AMC for Demat account.
| Charges | Motilal Oswal | Kotak Securities | Groww |
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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 600 PA | Free |
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Plans are the most important feature you look when compare Motilal Oswal vs Kotak Securities vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Kotak Securities offers Multiple Plans where Motilal Oswal and Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Motilal Oswal | Kotak Securities | Groww |
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| Zerodha | Kotak Securities | Zerodha | |
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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.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
| Brokerage Charges Compare | Motilal Oswal | Kotak Securities | Groww |
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| Plan Name | Default Brokerage Plan | Kotak Securities Trade Free Plan | Flat Brokerage Plan |
| Equity Delivery | 0.20% | 0.25% | 0.05% or Rs 20 whichever is lower |
| Equity Intraday | 0.02% | Free | 0.05% or Rs 20 whichever is lower |
| Equity Futures | 0.02% | Delivery: Flat fee Rs. 20 per order| Intraday: Fre | Flat Fee Rs 20 |
| 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 | Not Available |
| Currency Options | Rs 20 per lot | Delivery: Flat fee Rs. 20 per order| Intraday: Fre | Not Available |
| Commodity Trading | Futures: 0.02%| Options: Rs 200 Per Lot | Delivery: Flat fee Rs. 20 per order| Intraday: Fre | Not Available |
| Minimum Brokerage | Rs 21 per executed order | ||
| 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 Per Executable Order |
| Auto Square off Charges | NA | 20 calls free and after that Rs 20 per call | Rs 50 Per Executable Order |
| Brokerage Calculator | Brokerage Calculator for Motilal Oswal | Brokerage Calculator for Kotak Securities | Brokerage Calculator for Groww |
Compare Motilal Oswal vs Kotak Securities vs Groww on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Motilal Oswal | Kotak Securities | Groww |
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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 360 Per Cr | Agri: Rs 275 Per Cr | NA |
| Brokerage Charges | Complete Brokerage Plans for motilal-oswal | Complete Brokerage Plans for kotak-securities | Complete Brokerage Plans for groww |
Compare Motilal Oswal vs Kotak Securities vs Groww 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 Groww 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 Groww doesn't offers NRI Trading.
| Account Features Compare | Motilal Oswal | Kotak Securities | Groww |
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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 | 3:15PM | 3:15PM | 3:10 PM |
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| 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 Groww. 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 | Kotak Securities | Groww |
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| Desktop Trading Platform | Orion Lite | Neo | Groww App |
| Desktop Demo | Desktop Demo | Desktop Demo | Info Not Available |
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| Web Trading Platform | |
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| Web Trading Detail |
https://power.motilaloswal.com/MOSL/userMaster/login |
https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat |
Yes |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Info Not Available |
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| Mobile Trading App | MO Trader | Kotak Neo | Groww App |
| Mobile Trading App Demo | MO Trader Demo | Kotak Neo Demo | Info Not Available |
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| Android App Download | Andriod MO Trader Download | Andriod Kotak Neo Download | Andriod Download |
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| iOS App Download | iOS MO Trader Download | iOS Kotak Neo Download | iOS Groww App Download |
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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 Kotak Securities | Equity Intraday and Delivery Brokerage Calculator for Groww |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Motilal Oswal | Futures Brokerage Calculator for Kotak Securities | Futures Brokerage Calculator for Groww |
| Options Brokerage Calculator | Options Brokerage Calculator for Motilal Oswal | Options Brokerage Calculator for Kotak Securities | Options Brokerage Calculator for Groww |
| Detail | Detail on Trading Platforms for motilal-oswal | Detail on Trading Platforms for kotak-securities | Detail on Trading Platforms for groww |
| Motilal Oswal | Kotak Securities | Groww | ||
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57 Customer Reviews
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82 Customer Reviews
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8 Customer Reviews
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| 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 | Groww is Rated 4.3 / 5 based on 8 customer reviews |
Compare Motilal Oswal vs Kotak Securities vs Groww 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 Kotak Securities offers Commodity Trading where Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Motilal Oswal and Kotak Securities offers PMS facility where Groww doesn't offers PMS facility.
| Investment Offerings Compare | Motilal Oswal | Kotak Securities | Groww |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Motilal Oswal vs Kotak Securities vs Groww 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 Groww doesn't provides Cover Orders. Bracket Orders (BO) - Motilal Oswal and Kotak Securities provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Motilal Oswal and Kotak Securities AMO facility where Groww doesn't provides AMO. GTC Orders - Motilal Oswal and Kotak Securities offers Good Till Cancelled (GTC) orders facility where Groww doesn't provides GTC.
| Order Type Compare | Motilal Oswal | Kotak Securities | Groww |
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Compare Motilal Oswal vs Kotak Securities vs Groww 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 | Groww |
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| 24/7 Customer Service | |
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| Customer Care Number | 022 40548000/022 67490600 | 1800 209 9191 | 9108800604 |
| Account Opening Process | Online/Paperless | Online | Online |
| 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://groww.in/academy |
| 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 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website | https://www.motilaloswal.com/ | https://www.kotaksecurities.com | https://groww.in/ |
Compare Motilal Oswal vs Kotak Securities vs Groww on research reports and tips provided by broker.
| Motilal Oswal | Kotak Securities | Groww | |
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Compare Motilal Oswal vs Kotak Securities vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Motilal Oswal | Kotak Securities | Groww | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 10900 | 49200 | No |
| Demat Account Annual Maintenance Charges(AMC) | ₹400 pa | ₹780 pa | Zero |
| Advance Deposit | NIL | NA | Nil |
| Statutory charges | Nil | Nil | Legal Charges |
| Transaction Charges on Debit (Per ISIN) | 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) | 0.04% (Min ₹27) + CDSL charges | ₹8 + ₹5.50 CDSL charges |
| Demat | ₹50 per certificate + ₹50 courier charges | ₹3 per certificate + ₹50 courier charges | ₹150 per certificate + courier charges |
| Remat | ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges | ₹10 for every hundred securities (Min ₹15) | ₹150 per certificate + courier charges |
| Pledge Creation | ₹35 | 0.05% of transaction value (Min ₹30) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation | Nil | 0.05% of transaction value (Min ₹30) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure | ₹35 | 0.05% of transaction value (Min ₹30) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure Confirmation | Nil | 0.05% of transaction value (Min ₹30) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Invocation | ₹35 | 0.05% of transaction value (Min ₹30) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Failed Instruction Charges | Nil | Nil | ₹50 |
| Other Charges | Nil | Nil | Nil |
Compare Motilal Oswal vs Kotak Securities vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Motilal Oswal | Kotak Securities | Groww | |
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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 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 Goww 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 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 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. |
| Bank Detail | Info Not Available | Direct from your Kotak Mahindra bank account. | NA |
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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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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) | ||
| Enquire for Motilal Oswal | Enquire for Kotak Securities | Enquire for Groww |
Last Updated on 2023-09-14T05:03:12+00:00
