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Motilal Oswal Vs SAMCO Vs Groww: Which one is better?

The brokerage of Motilal Oswal ranges between 0.02 to 0.20%, the brokerage of SAMCO ranges between Rs 20, while the brokerage of Groww ranges between Rs 20. The broker SAMCO and Groww are a discount brokers where Motilal Oswal is a full service broker. Overall rating for Motilal Oswal is 4, SAMCO is rated 4, Groww is rated 4 out of 5.

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

Compare Motilal Oswal vs SAMCO vs Groww on Service

  Motilal Oswal Compare
Motilal Oswal
SAMCO Compare
SAMCO
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount 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. Rs. 20/order ultra-low brokerage, Giga trading engine powered new-gen mobile App, Nest Trader Terminal, and unique leverage products make SAMCO one of the best discount brokers for traders. Also, get stock and mutual fund research on StockBasket and ...Know more about SAMCO 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... Know more about Groww
Broker Enquiry Request call back from Zerodha Request call back from SAMCO Request call back from Zerodha
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Account Opening Charges and AMC

Compare Motilal Oswal vs SAMCO vs Groww on Trading & Demat Account Opening Charges

In this section we have compared Motilal Oswal vs SAMCO 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, SAMCO charges Rs 400 PA (Free for 1st year) AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal vs SAMCO vs Groww
Charges Motilal Oswal SAMCO Groww
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 400 PA (Free for 1st year) Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Motilal Oswal vs SAMCO vs Groww on Plan Options

Plans are the most important feature you look when compare Motilal Oswal vs SAMCO vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Motilal Oswal vs SAMCO vs Groww on Plan Options
Plan Types Motilal Oswal SAMCO Groww
Multiple Plans No No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha SAMCO Zerodha
Account Opening Request
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Brokerage Charges

Compare Motilal Oswal vs SAMCO vs Growwon 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.

SAMCO Brokerage Plan detail - Trade in any segment in just Rs 20 per executable order, No size restriction,No Hidden charges.

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 vs SAMCO vs Groww
Brokerage Charges Compare Motilal Oswal SAMCO Groww
Plan Name Default Brokerage Plan Max Rs 20 Per Order Trading Plan Flat Brokerage Plan
Equity Delivery 0.20% 0.5% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Intraday 0.02% 0.05% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures 0.02% Flat Fee Rs 20 Flat Fee Rs 20
Equity Options Rs 20 per lot Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Rs 20 per lot 0.05% or Rs 20 whichever is lower Not Available
Currency Options Rs 20 per lot 0.05% or Rs 20 whichever is lower Not Available
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot 0.05% or Rs 20 whichever is lower Not Available
Minimum Brokerage
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available NA
Call & Trade Charges NA Rs 20 per Executed order, with First 20 C&T are free Rs 50 Per Executable Order
Auto Square off Charges NA Rs 20 per Executed order, with First 20 C&T are free Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for SAMCO Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare Motilal Oswal vs SAMCO vs Groww on Transaction Charges

Compare Motilal Oswal vs SAMCO vs Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare Motilal Oswal vs SAMCO vs Groww
Transaction Charges Compare Motilal Oswal SAMCO Groww
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 samco Complete Brokerage Plans for groww
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Account Features

Compare Motilal Oswal vs SAMCO vs Groww on Account Features

Compare Motilal Oswal vs SAMCO vs Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 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 SAMCO offers NRI Trading where Groww doesn't offers NRI Trading.

Account Features - Motilal Oswal vs SAMCO vs Groww
Account Features Compare Motilal Oswal SAMCO Groww
3 in 1 Account No Motilal Oswal have 2-in-1 account. Only Demate and Trading account. No Motilal Oswal have 2-in-1 account. Only Demate and Trading account. No Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes No
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes No Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes No No
Intraday Square-off Time 3:15PM 3:15PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare Motilal Oswal vs SAMCO vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal vs SAMCO 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 vs SAMCO vs Groww
Trading Platform Compare Motilal Oswal SAMCO Groww
Desktop Trading Platform Orion Lite SAMCO Trader Groww App
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

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

https://trade.samco.in/Samruddi/Login/indexauth.jsp

Yes

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App MO Trader StockNote Groww App
Mobile Trading App Demo MO Trader Demo StockNote Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod MO Trader Download Andriod StockNote Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS MO Trader Download iOS StockNote Download iOS Groww App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No 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 SAMCO Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for SAMCO Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for SAMCO Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for samco Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare Motilal Oswal vs SAMCO vs Groww on User Rating

  Motilal Oswal SAMCO Groww
  57 Customer Reviews    Rate Motilal Oswal 32 Customer Reviews    Rate SAMCO 8 Customer Reviews    Rate Groww
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 SAMCO is Rated 4.1 / 5 based on 32 customer reviews Groww is Rated 4.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare Motilal Oswal vs SAMCO vs Groww on Investment Offerings

Compare Motilal Oswal vs SAMCO 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 SAMCO 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 offers PMS facility where SAMCO and Groww doesn't offers PMS facility.

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

Compare Motilal Oswal vs SAMCO vs Groww on Order Types

Order Type - Compare Motilal Oswal vs SAMCO 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 SAMCO provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Motilal Oswal and SAMCO provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Motilal Oswal and SAMCO AMO facility where Groww doesn't provides AMO. GTC Orders - Motilal Oswal offers Good Till Cancelled (GTC) orders facility where SAMCO and Groww doesn't provides GTC.

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

Compare Motilal Oswal vs SAMCO vs Groww on Customer Service

Compare Motilal Oswal vs SAMCO 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 Support - Compare Motilal Oswal vs SAMCO vs Groww
Customer Service Compare Motilal Oswal SAMCO Groww
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No Yes
Phone Support Yes Yes Yes
Toll Free Number No Yes No
Through Branches Yes No No
Customer Care Number 022 40548000/022 67490600 022-2222-7777/022-4503-0450 9108800604
Account Opening Process Online/Paperless Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://edumo.motilaloswal.com/ https://www.samco.in/knowledge-center/ https://groww.in/academy
Head Office Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://www.motilaloswal.com/ https://www.samco.in/ https://groww.in/
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Tips/Research/Reports Published

Compare Motilal Oswal vs SAMCO vs Groww on Research Reports, Tips

Compare Motilal Oswal vs SAMCO vs Groww on research reports and tips provided by broker.

Research Reports - Compare Motilal Oswal vs SAMCO vs Groww
  Motilal Oswal SAMCO Groww
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No No
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Demat Account

Compare Motilal Oswal vs SAMCO vs Groww on Demat Account

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

Demat Charges - Compare Motilal Oswal vs SAMCO vs Groww
  Motilal Oswal SAMCO Groww
DP Source CDSL CDSL CDSL
DP ID 10900 54200 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹400 pa Zero
Advance Deposit NIL NIL Nil
Statutory charges Nil Stamp Charges Legal Charges
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹10 ₹8 + ₹5.50 CDSL charges
Demat ₹50 per certificate + ₹50 courier charges ₹10 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 CDSL charges + ₹50 courier charges ₹150 per certificate + courier charges
Pledge Creation ₹35 ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation Nil Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure ₹35 ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation Nil Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation ₹35 ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil Nil ₹50
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs SAMCO vs Groww on Special Offers and Promotion

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

Compare Motilal Oswal vs SAMCO vs Groww on Special Offers and Promotion
  Motilal Oswal SAMCO Groww
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 funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking/Payment Gateway from SAMCO trader or Back Office
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. Max 24 hrs except bank holidays 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. Around 24 banks allow instant credit facility(Payment Gateway) with charges of Rs 6 from Samco trading platform. Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.
Bank Detail Info Not Available Samco Securities Limited,
Account Number: ZSAMCODDXXXX
Bank and Branch: Indusind Bank, Fort Branch, Mumbai
Account Type: Current Account
IFSC Code: INDB0000033
NA
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...

  • Trade and invest with SAMCO at flat Rs. 20/order brokerage.
  • Giga trading engine powered new-gen mobile app and trading tools.
  • Zero brokerage mutual fund investment.
  • Get upto 4x leverage/margin in the equity cash segment.
  • Get margin against your holdings on StockPlus.
  • SAMCO offers BTPT (Buy Today, Pay Tomorrow) facility.
  • Equity SIP: Set up a stock SIP on the Stock Note App.
  • Place advanced orders like bracket order, cover order, and after market order.
  • Place a GTT order on Stock Note app with lifetime validity.
  • Get 100% brokerage cashback for the 1st
  • Free stock market learning course for beginners.
  • Very low payment gateway charges of just Rs. 6 + GST.
  • Zero hidden charges.

Detail Review...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

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...

  • SAMCO does not provide direct mutual funds.
  • You cannot open a 3-in-1 account with SAMCO.
  • NRI cannot open SAMCO NRI Demat & Trading Account.
  • Delivery trading in SAMCO is not free.
  • No monthly trading plans.
  • High Demat maintenance charges of Rs. 400 per year.

Detail Review...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

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)
Enquire for Motilal Oswal Enquire for SAMCO Enquire for Groww

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