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The brokerage of Motilal Oswal ranges between 0.02 to 0.20%, the brokerage of SAS Online ranges between Rs 9/order or 999 PM, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker Motilal Oswal and AxisDirect are full service brokers where SAS Online is a discount broker. Overall rating for Motilal Oswal is 4, SAS Online is rated 4, AxisDirect is rated 3.5 out of 5.
Here we present side-by-side comparison of Motilal Oswal vs SAS Online vs AxisDirect 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 SAS Online vs AxisDirect 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 SAS Online vs AxisDirect in this setion with 360 degree view of broker information.
 Motilal Oswal |
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| Broker Type | Full Service Broker | Discount Broker | Full Service Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX | 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. | 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. | Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis...  |
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In this section we have compared Motilal Oswal vs SAS Online vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Motilal Oswal charges Free for account opening, SAS Online charges Equity: Rs 200 and Commodity: Rs 200 for account opeing, and AxisDirect charges Rs 999 for account opeing. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] as AMC for Demat account, SAS Online charges Rs 200 AMC for Demat account, where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.
| Charges | Motilal Oswal | SAS Online | AxisDirect |
|---|---|---|---|
| Trading Account Opening Fees | Free | Equity: Rs 200 and Commodity: Rs 200 | Rs 999 |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Rs 200 | Free |
| Demat AMC | Rs 400 per annum [Free for 1st year] | Rs 200 | Rs 750 PA (Free for 1st year) |
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Plans are the most important feature you look when compare Motilal Oswal vs SAS Online vs AxisDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - SAS Online and AxisDirect offers Multiple Plans where Motilal Oswal doesn't offer. Monthlay Plans - SAS Online offers Monthy Plans where Motilal Oswal and AxisDirect doesn't offer.
| Plan Types | Motilal Oswal | SAS Online | AxisDirect |
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| Zerodha | Zerodha | 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.
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.
AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.
| Brokerage Charges Compare | Motilal Oswal | SAS Online | AxisDirect |
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| Plan Name | Default Brokerage Plan | Max Rs 9 Per Order Trading Plan | Fixed Brokerage Trading Plan (Percentage Based) |
| Equity Delivery | 0.20% | 0.1% or Rs 9 whichever is lower | 0.50% (Each leg) |
| Equity Intraday | 0.02% | 0.01% or Rs 9 whichever is lower | 0.05% (Each leg) |
| Equity Futures | 0.02% | 0.01% or Rs 9 whichever is lower | 0.05% (Each leg) |
| Equity Options | Rs 20 per lot | Flat Fee Rs 9 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
| Currency Futures | Rs 20 per lot | 0.01% or Rs 9 whichever is lower | 0.05% (Each Leg) |
| Currency Options | Rs 20 per lot | Flat Fee Rs 9 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p |
| Commodity Trading | Futures: 0.02%| Options: Rs 200 Per Lot | Flat Fee Rs 9 | Futures: 0.03% (Each leg)| Options: Rs. 50 per lot |
| Minimum Brokerage | NIL | ||
| Hidden Charges | No | No | |
| Funding | Yes - 18% interest PA | Yes - 18% interest PA | Yes - 18% interest PA |
| Call & Trade Charges | NA | Rs 20 per executed Order | Free 20 calls per month, and after Rs. 20 per order |
| Auto Square off Charges | NA | Rs 20 per executed Order | 20 calls Free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for Motilal Oswal | Brokerage Calculator for SAS Online | Brokerage Calculator for AxisDirect |
Compare Motilal Oswal vs SAS Online vs AxisDirect on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Motilal Oswal | SAS Online | AxisDirect |
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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 | |
| Brokerage Charges | Complete Brokerage Plans for motilal-oswal | Complete Brokerage Plans for sasonline | Complete Brokerage Plans for axisdirect |
Compare Motilal Oswal vs SAS Online vs AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect 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 - Motilal Oswal and AxisDirect offers margin funding where SAS Online doesn't offers margin funding. NRI Trading - Motilal Oswal and AxisDirect offers NRI Trading where SAS Online doesn't offers NRI Trading.
| Account Features Compare | Motilal Oswal | SAS Online | AxisDirect |
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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 | 2:45 PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal vs SAS Online vs AxisDirect. 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 | SAS Online | AxisDirect | ||
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57 Customer Reviews
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13 Customer Reviews
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6 Customer Reviews
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| Overall Ratings | ||||
| Broker Rating | Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews | SAS Online is Rated 4.5 / 5 based on 13 customer reviews | AxisDirect is Rated 2.3 / 5 based on 6 customer reviews |
Compare Motilal Oswal vs SAS Online vs AxisDirect 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) - Motilal Oswal offers PMS facility where SAS Online and AxisDirect doesn't offers PMS facility.
| Investment Offerings Compare | Motilal Oswal | SAS Online | AxisDirect |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Motilal Oswal vs SAS Online vs AxisDirect 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) - Motilal Oswal and SAS Online provides Bracket Orders (BO) facility where AxisDirect doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Motilal Oswal and AxisDirect offers Good Till Cancelled (GTC) orders facility where SAS Online doesn't provides GTC.
| Order Type Compare | Motilal Oswal | SAS Online | AxisDirect |
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Compare Motilal Oswal vs SAS Online vs AxisDirect 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 | SAS Online | AxisDirect |
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| 24/7 Customer Service | |
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| Customer Care Number | 022 40548000/022 67490600 | 011- 4040 99 00 | 022-61480808 |
| Account Opening Process | Online/Paperless | Online/Paperless | Online |
| Customer Support Email | [email protected] | [email protected]/[email protected] | [email protected] |
| Knowledge Center/Education | https://edumo.motilaloswal.com/ | https://www.sasonline.in/market-pulse | https://simplehai.axisdirect.in/learn/overview |
| Head Office Address | 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 |
Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website | https://www.motilaloswal.com/ | https://sasonline.in | https://simplehai.axisdirect.in |
Compare Motilal Oswal vs SAS Online vs AxisDirect on research reports and tips provided by broker.
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Compare Motilal Oswal vs SAS Online vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Motilal Oswal | SAS Online | AxisDirect | |
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| DP Source | CDSL | NSDL | CDSL |
| DP ID | 10900 | IN-DP-474- | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | ₹400 pa | ₹200 | ₹500 pa |
| Advance Deposit | NIL | Nil | Nil |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) | ₹9 + NSDL Charges | ₹10 |
| Demat | ₹50 per certificate + ₹50 courier charges | ₹2 per certificate + ₹35 courier charges | ₹3 per certificate |
| Remat | ₹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 | ₹10 for every hundred securities (Min ₹10) |
| Pledge Creation | ₹35 | ₹15 per transaction | ₹25 |
| Pledge Creation Confirmation | Nil | Nil | ₹25 |
| Pledge Closure | ₹35 | Nil | ₹25 |
| Pledge Closure Confirmation | Nil | Nil | ₹25 |
| Pledge Invocation | ₹35 | ₹50 per instraction | Nil |
| Failed Instruction Charges | Nil | ₹30 | Nil |
| Other Charges | Nil | Nil | Nil |
Compare Motilal Oswal vs SAS Online vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Motilal Oswal | SAS Online | AxisDirect | |
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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 via IMPS,NEFT or RTGS, Netbanking/Payment Gateway from ALPHA Web, Mobile App or Desktop Platform. Pay-out/Fund Withdrawal - Primary Bank Transfer only. |
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank. Pay-out/Fund Withdrawal - Bank Transfer only. |
| Payout Time | Max 24 hrs except bank holidays. | Up to 24 Hrs except Bank Holidays. | Instant to Axis Bank. |
| Bank Supported and Charges | Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. | Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alpha Platform. | NA |
| Bank Detail | Info Not Available | South Asian Stocks Ltd., Account Number:SASONL37242 Bank and Branch: G-3-4, Suryakiran Building, 19 , Kasturba Gandhi Marg, New Delhi-110001 Account Type: Current Account IFSC Code:HDFC0000003 |
Direct from your Axis 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;
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| 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;
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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) | Get up to 20% on referral bonus, free trading tools. | Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. |
| Enquire for Motilal Oswal | Enquire for SAS Online | Enquire for AxisDirect |
Last Updated on 2023-09-14T05:03:12+00:00
