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Kotak Securities Vs Motilal Oswal Vs SAS Online: Which one is better?

The brokerage of Kotak Securities ranges between Rs. 20 per order, the brokerage of Motilal Oswal ranges between 0.02 to 0.20%, while the brokerage of SAS Online ranges between Rs 9/order or 999 PM. The broker Kotak Securities and Motilal Oswal are full service brokers where SAS Online is a discount broker. Overall rating for Kotak Securities is 4, Motilal Oswal is rated 4, SAS Online is rated 4 out of 5.

Here we present side-by-side comparison of Kotak Securities vs Motilal Oswal vs SAS Online stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Kotak Securities vs Motilal Oswal vs SAS Online 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 Kotak Securities vs Motilal Oswal vs SAS Online in this setion with 360 degree view of broker information.

Compare Kotak Securities vs Motilal Oswal vs SAS Online on Service

  Kotak Securities Compare
Kotak Securities
Motilal Oswal Compare
Motilal Oswal
SAS Online Compare
SAS Online
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 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... Know more about Kotak Securities 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. SAS Online is one of the popular discount brokers in India with the best pricing plans at flat Rs. 9/order or Rs. 999 unlimited monthly trading plan, and powerful Alpha trading platform with technical charting.
Broker Enquiry Request call back from Zerodha Request call back from Kotak Securities Request call back from Zerodha
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Account Opening Charges and AMC

Compare Kotak Securities vs Motilal Oswal vs SAS Online on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities vs Motilal Oswal vs SAS Online on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities and Motilal Oswal offer Free account opening where SAS Online charges Equity: Rs 200 and Commodity: Rs 200 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA as AMC for Demat account, Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account, where SAS Online charges Rs 200 AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities vs Motilal Oswal vs SAS Online
Charges Kotak Securities Motilal Oswal SAS Online
Trading Account Opening Fees Free Free Equity: Rs 200 and Commodity: Rs 200
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Rs 200
Demat AMC Rs 600 PA Rs 400 per annum [Free for 1st year] Rs 200
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Motilal Oswal vs SAS Online on Plan Options

Plans are the most important feature you look when compare Kotak Securities vs Motilal Oswal vs SAS Online. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Kotak Securities and SAS Online offers Multiple Plans where Motilal Oswal doesn't offer. Monthlay Plans - SAS Online offers Monthy Plans where Kotak Securities and Motilal Oswal doesn't offer.

Compare Kotak Securities vs Motilal Oswal vs SAS Online on Plan Options
Plan Types Kotak Securities Motilal Oswal SAS Online
Multiple Plans Yes No Yes
Monthly Plans No No Yes
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Kotak Securities Zerodha
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Motilal Oswal vs SAS Onlineon Brokerage Charges

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.

Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.

SAS Online Brokerage Plan detail - Rs 9 Per executable plan is good for all types of investors. For Equity intraday 0.01% or Rs 9 whichever is lower and for delivery 0.1% or Rs 9 whichever is lower.

Brokerage Charges - Compare Kotak Securities vs Motilal Oswal vs SAS Online
Brokerage Charges Compare Kotak Securities Motilal Oswal SAS Online
Plan Name Kotak Securities Trade Free Plan Default Brokerage Plan Max Rs 9 Per Order Trading Plan
Equity Delivery 0.25% 0.20% 0.1% or Rs 9 whichever is lower
Equity Intraday Free 0.02% 0.01% or Rs 9 whichever is lower
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.02% 0.01% or Rs 9 whichever is lower
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Rs 20 per lot Flat Fee Rs 9
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 20 per lot 0.01% or Rs 9 whichever is lower
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 20 per lot Flat Fee Rs 9
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre Futures: 0.02%| Options: Rs 200 Per Lot Flat Fee Rs 9
Minimum Brokerage Rs 21 per executed order NIL
Hidden Charges No No
Call & Trade Charges 20 calls free and after that Rs 20 per call NA Rs 20 per executed Order
Auto Square off Charges 20 calls free and after that Rs 20 per call NA Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Motilal Oswal Brokerage Calculator for SAS Online
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Share Broker's Transaction Charges

Compare Kotak Securities vs Motilal Oswal vs SAS Online on Transaction Charges

Compare Kotak Securities vs Motilal Oswal vs SAS Online on transaction charges and PCM fee by segment.

Transaction Charges - Compare Kotak Securities vs Motilal Oswal vs SAS Online
Transaction Charges Compare Kotak Securities Motilal Oswal SAS Online
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 360 Per Cr | Agri: Rs 275 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 kotak-securities Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for sasonline
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Account Features

Compare Kotak Securities vs Motilal Oswal vs SAS Online on Account Features

Compare Kotak Securities vs Motilal Oswal vs SAS Online 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 SAS Online offers only 2-in-1 account which includes trading and demat account. Margin Funding - Kotak Securities and Motilal Oswal offers margin funding where SAS Online doesn't offers margin funding. NRI Trading - Kotak Securities and Motilal Oswal offers NRI Trading where SAS Online doesn't offers NRI Trading.

Account Features - Kotak Securities vs Motilal Oswal vs SAS Online
Account Features Compare Kotak Securities Motilal Oswal SAS Online
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Kotak Securities have 2-in-1 account. Only Demate and Trading account. No SAS Online have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity No Yes Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes No
Other Features NIL NIL
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Trading Platform

Compare Kotak Securities vs Motilal Oswal vs SAS Onlineon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities vs Motilal Oswal vs SAS Online. 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 Kotak Securities vs Motilal Oswal vs SAS Online
Trading Platform Compare Kotak Securities Motilal Oswal SAS Online
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

https://power.motilaloswal.com/MOSL/userMaster/login

https://alpha.sasonline.in/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Kotak Neo MO Trader Alpha Mobile
Mobile Trading App Demo Kotak Neo Demo MO Trader Demo Alpha Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Kotak Neo Download Andriod MO Trader Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Kotak Neo Download iOS MO Trader Download iOS Alpha Mobile Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for SAS Online
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for SAS Online
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for SAS Online
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for sasonline

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Broker Ratings by Users

Compare Kotak Securities vs Motilal Oswal vs SAS Online on User Rating

  Kotak Securities Motilal Oswal SAS Online
  82 Customer Reviews    Rate Kotak Securities 57 Customer Reviews    Rate Motilal Oswal 13 Customer Reviews    Rate SAS Online
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews SAS Online is Rated 4.5 / 5 based on 13 customer reviews
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Investment Offerings

Compare Kotak Securities vs Motilal Oswal vs SAS Online on Investment Offerings

Compare Kotak Securities vs Motilal Oswal vs SAS Online 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) - Kotak Securities and Motilal Oswal offers PMS facility where SAS Online doesn't offers PMS facility.

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

Compare Kotak Securities vs Motilal Oswal vs SAS Online on Order Types

Order Type - Compare Kotak Securities vs Motilal Oswal vs SAS Online 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 - Kotak Securities and Motilal Oswal offers Good Till Cancelled (GTC) orders facility where SAS Online doesn't provides GTC.

Order Types - Compare Kotak Securities vs Motilal Oswal vs SAS Online
Order Type Compare Kotak Securities Motilal Oswal SAS Online
CNC order No No No
MIS order No No No
NRML order No No No
Cover order No No No
Bracket order No No No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes No
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Customer Service Offered

Compare Kotak Securities vs Motilal Oswal vs SAS Online on Customer Service

Compare Kotak Securities vs Motilal Oswal vs SAS Online 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 Kotak Securities vs Motilal Oswal vs SAS Online
Customer Service Compare Kotak Securities Motilal Oswal SAS Online
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No No
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes Yes No
Customer Care Number 1800 209 9191 022 40548000/022 67490600 011- 4040 99 00
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]/[email protected]
Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://edumo.motilaloswal.com/ https://www.sasonline.in/market-pulse
Head Office Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
SAS Online,
3rd Floor,Building No. 5,
Local Shopping Complex, Rishabh Vihar
East Delhi - 110092
Website https://www.kotaksecurities.com https://www.motilaloswal.com/ https://sasonline.in
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Tips/Research/Reports Published

Compare Kotak Securities vs Motilal Oswal vs SAS Online on Research Reports, Tips

Compare Kotak Securities vs Motilal Oswal vs SAS Online on research reports and tips provided by broker.

Research Reports - Compare Kotak Securities vs Motilal Oswal vs SAS Online
  Kotak Securities Motilal Oswal SAS Online
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 Kotak Securities vs Motilal Oswal vs SAS Online on Demat Account

Compare Kotak Securities vs Motilal Oswal vs SAS Online on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Kotak Securities vs Motilal Oswal vs SAS Online
  Kotak Securities Motilal Oswal SAS Online
DP Source CDSL CDSL NSDL
DP ID 25100 10900 IN306122
Demat Account Annual Maintenance Charges(AMC) ₹780 pa ₹400 pa ₹200
Advance Deposit NA NIL Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹9 + NSDL Charges
Demat ₹3 per certificate + ₹50 courier charges ₹50 per certificate + ₹50 courier charges ₹2 per certificate + ₹35 courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges 0.05% of transaction value or ₹25 whichever is higher + CDSL charges
Pledge Creation 0.05% of transaction value (Min ₹30) ₹35 ₹15 per transaction
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹35 Nil
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹35 ₹50 per instraction
Failed Instruction Charges Nil Nil ₹30
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Motilal Oswal vs SAS Online on Special Offers and Promotion

Compare Kotak Securities vs Motilal Oswal vs SAS Online on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Kotak Securities vs Motilal Oswal vs SAS Online on Special Offers and Promotion
  Kotak Securities Motilal Oswal SAS Online
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
Likes
  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

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...

  • Trading in stocks, derivatives, currency, and commodities.
  • Instant paperless account opening.
  • No prior commitments at Rs. 0 hidden fees.
  • Lowest Demat AMC.
  • Cheapest brokerage at just Rs. 9/order.
  • Monthly zero brokerage unlimited trading plan.
  • Apply for IPOs online using UPI.
  • ALPHA (web, app, and desktop) with technical charts and rich technical indicators.
  • Alpha Report Back Office portal to get comprehensive reports (P&L, contract note, trade, etc.)
  • Free API Bridge for algo trading.
  • Execute cover orders, bracket orders, and aftermarket orders.
  • Online brokerage calculator.
  • Get the latest news & updates on the Market Pulse.

Detail Review...

Dislikes
  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

Detail Review...

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...

  • No 3-in-1 account offering.
  • Direct mutual funds are not available.
  • Good Till Date (GTD) order is not offered.
  • NRI cannot open account at SAS Online.
  • No trading tips and research

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) Get up to 20% on referral bonus, free trading tools.
Enquire for Kotak Securities Enquire for Motilal Oswal Enquire for SAS Online

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