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Motilal Oswal Vs Kotak Securities Vs SBICAP Securities: Which one is better?

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 SBICAP Securities ranges between .05 to 0.50%. All 3 brokers are full service brokers. Overall rating for Motilal Oswal is 4, Kotak Securities is rated 4, SBICAP Securities is rated 4 out of 5.

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

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities on Service

  Motilal Oswal Compare
Motilal Oswal
Kotak Securities Compare
Kotak Securities
SBICAP Securities Compare
SBICAP Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Full Service 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...Know more about Kotak Securities Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ... Know more about SBICAP Securities
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 Motilal Oswal vs Kotak Securities vs SBICAP Securities on Trading & Demat Account Opening Charges

In this section we have compared Motilal Oswal vs Kotak Securities vs SBICAP Securities on trading & demat account opening charges and AMC. Trading account opening charges - Motilal Oswal and Kotak Securities offer Free account opening where SBICAP Securities charges Rs 850 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 SBICAP Securities charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities
Charges Motilal Oswal Kotak Securities SBICAP Securities
Trading Account Opening Fees Free Free Rs 850
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 500 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities on Plan Options

Plans are the most important feature you look when compare Motilal Oswal vs Kotak Securities vs SBICAP Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Kotak Securities offers Multiple Plans where Motilal Oswal and SBICAP Securities doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities on Plan Options
Plan Types Motilal Oswal Kotak Securities SBICAP Securities
Multiple Plans No Yes No
Monthly Plans No No No
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 Motilal Oswal vs Kotak Securities vs SBICAP Securitieson 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.

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.

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

Brokerage Charges - Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities
Brokerage Charges Compare Motilal Oswal Kotak Securities SBICAP Securities
Plan Name Default Brokerage Plan Kotak Securities Trade Free Plan Standard or default brokerage plan
Equity Delivery 0.20% 0.25% 0.50%
Equity Intraday 0.02% Free 0.05%
Equity Futures 0.02% Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.05%
Equity Options Rs 20 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Free Rs 100 Per Lot
Currency Futures Rs 20 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03%
Currency Options Rs 20 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 30 Per Lot
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs. 100 per lot
Minimum Brokerage Rs 21 per executed order Rs 0.05 for Cash, Rs 0.01 Future
Hidden Charges No No
Funding Yes - 18% interest PA 12.49% interest PA Yes - 24% interest PA
Call & Trade Charges NA 20 calls free and after that Rs 20 per call Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call.
Auto Square off Charges NA 20 calls free and after that Rs 20 per call First Free 30 per month, after Rs 10 per square-off
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Kotak Securities Brokerage Calculator for SBICAP Securities
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Share Broker's Transaction Charges

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities on Transaction Charges

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

Transaction Charges - Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities
Transaction Charges Compare Motilal Oswal Kotak Securities SBICAP Securities
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 sbicap-securities
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Account Features

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities on Account Features

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities and SBICAP Securities offers 3-in-1 Account where Motilal Oswal offers only 2-in-1 account which includes trading and demat account. Margin Funding - Motilal Oswal and Kotak Securities offers margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

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

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securitieson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal vs Kotak Securities vs SBICAP Securities. 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 Kotak Securities vs SBICAP Securities
Trading Platform Compare Motilal Oswal Kotak Securities SBICAP Securities
Desktop Trading Platform Orion Lite Neo SBISMART XPRESS - NextTrader
Desktop Demo Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

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

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

https://login1.sbismart.com/nidp/app/login

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No No
Mobile Trading Yes Yes Yes
Mobile Trading App MO Trader Kotak Neo SBISMART
Mobile Trading App Demo MO Trader Demo Kotak Neo Demo SBISMART Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod MO Trader Download Andriod Kotak Neo Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS MO Trader Download iOS Kotak Neo Download iOS SBISMART 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 Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for SBICAP Securities
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for SBICAP Securities
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for sbicap-securities

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Broker Ratings by Users

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities on User Rating

  Motilal Oswal Kotak Securities SBICAP Securities
  57 Customer Reviews    Rate Motilal Oswal 82 Customer Reviews    Rate Kotak Securities 78 Customer Reviews    Rate SBICAP Securities
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 SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews
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Investment Offerings

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities on Investment Offerings

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities 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 SBICAP Securities 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 SBICAP Securities doesn't offers PMS facility.

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

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities on Order Types

Order Type - Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities 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) - 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 Kotak Securities vs SBICAP Securities
Order Type Compare Motilal Oswal Kotak Securities SBICAP Securities
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes Yes 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 Kotak Securities vs SBICAP Securities on Customer Service

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities 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 Kotak Securities vs SBICAP Securities
Customer Service Compare Motilal Oswal Kotak Securities SBICAP Securities
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes Yes
Toll Free Number No Yes Yes
Through Branches Yes Yes Yes
Customer Care Number 022 40548000/022 67490600 1800 209 9191 022 6854 5555
Account Opening Process Online/Paperless Online Offline
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.sbismart.com/education
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
SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Website https://www.motilaloswal.com/ https://www.kotaksecurities.com https://www.sbismart.com
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Tips/Research/Reports Published

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities on Research Reports, Tips

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

Research Reports - Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities
  Motilal Oswal Kotak Securities SBICAP Securities
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips Yes Yes Yes
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes
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Demat Account

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities on Demat Account

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

Demat Charges - Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities
  Motilal Oswal Kotak Securities SBICAP Securities
DP Source CDSL CDSL CDSL
DP ID 10900 49200 19300
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹780 pa ₹500
Advance Deposit NIL NA 0 for all
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 ₹27) + CDSL charges 0.01% of the transaction value (Min ₹21 and Max ₹300)
Demat ₹50 per certificate + ₹50 courier charges ₹3 per certificate + ₹50 courier charges ₹5 per certificate + ₹35 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) ₹35 per certificate + CDSL Charges
Pledge Creation ₹35 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Creation Confirmation Nil 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Closure ₹35 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Closure Confirmation Nil 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Invocation ₹35 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Failed Instruction Charges Nil Nil ₹10
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities on Special Offers and Promotion

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

Compare Motilal Oswal vs Kotak Securities vs SBICAP Securities on Special Offers and Promotion
  Motilal Oswal Kotak Securities SBICAP Securities
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, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
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. 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. (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Direct to SBI Bank.
Bank Detail Info Not Available Direct from your Kotak Mahindra bank account. Direct to SBI 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;

  • 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...

  • 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...

  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

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...

  • 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...

  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

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