FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
The brokerage of Motilal Oswal ranges between 0.02 to 0.20%, the brokerage of SBICAP Securities ranges between .05 to 0.50%, while the brokerage of Nuvama Wealth ranges between Rs 10. The broker Motilal Oswal and SBICAP Securities are full service brokers where Nuvama Wealth is a discount broker. Overall rating for Motilal Oswal is 4, SBICAP Securities is rated 4, Nuvama Wealth is rated 3.5 out of 5.
Here we present side-by-side comparison of Motilal Oswal vs SBICAP Securities vs Nuvama Wealth 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 SBICAP Securities vs Nuvama Wealth 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 SBICAP Securities vs Nuvama Wealth in this setion with 360 degree view of broker information.
In this section we have compared Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on trading & demat account opening charges and AMC. Trading account opening charges - Motilal Oswal and Nuvama Wealth 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, SBICAP Securities charges Rs 500 PA AMC for Demat account, where Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.
Charges | Motilal Oswal | SBICAP Securities | Nuvama Wealth |
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Trading Account Opening Fees | Free | Rs 850 | Free |
Trading AMC | Free | Free | Free |
Demat Account Opening Fees | Free | Free | Free |
Demat AMC | Rs 400 per annum [Free for 1st year] | Rs 500 PA | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] |
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Plans are the most important feature you look when compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth offers Multiple Plans where Motilal Oswal and SBICAP Securities doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
Plan Types | Motilal Oswal | SBICAP Securities | Nuvama Wealth |
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Multiple Plans | ![]() |
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Monthly Plans | ![]() |
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Yearly Plans | ![]() |
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Zerodha | Zerodha | Nuvama Wealth | |
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Account Opening Request |
Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.
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.
Nuvama Wealth Brokerage Plan detail - This plan is available to Online users only. With this plan, Nuvama Wealth is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.
Brokerage Charges Compare | Motilal Oswal | SBICAP Securities | Nuvama Wealth |
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Plan Name | Default Brokerage Plan | Standard or default brokerage plan | Nuvama Lite |
Equity Delivery | 0.20% | 0.50% | Flat Rs. 10 per executed order |
Equity Intraday | 0.02% | 0.05% | Flat Rs. 10 per executed order |
Equity Futures | 0.02% | 0.05% | Flat Rs. 10 per executed order |
Equity Options | Rs 20 per lot | Rs 100 Per Lot | Flat Rs. 10 per executed order |
Currency Futures | Rs 20 per lot | 0.03% | Flat Rs. 10 per executed order |
Currency Options | Rs 20 per lot | Rs 30 Per Lot | Flat Rs. 10 per executed order |
Commodity Trading | Futures: 0.02%| Options: Rs 200 Per Lot | Rs. 100 per lot | 0.01% |
Minimum Brokerage | Rs 0.05 for Cash, Rs 0.01 Future | ||
Hidden Charges | No | Info Not Available | |
Funding | Yes - 18% interest PA | Yes - 24% interest PA | Yes - 24% interest PA |
Call & Trade Charges | NA | Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. | Rs 20 per call |
Auto Square off Charges | NA | First Free 30 per month, after Rs 10 per square-off | Rs 20 |
Brokerage Calculator | Brokerage Calculator for Motilal Oswal | Brokerage Calculator for SBICAP Securities | Brokerage Calculator for Nuvama Wealth |
Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on transaction charges and PCM fee by segment.
Transaction Charges Compare | Motilal Oswal | SBICAP Securities | Nuvama Wealth |
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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 | NA | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
Brokerage Charges | Complete Brokerage Plans for motilal-oswal | Complete Brokerage Plans for sbicap-securities | Complete Brokerage Plans for nuvama-wealth |
Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 Account where Motilal Oswal and Nuvama Wealth offers only 2-in-1 account which includes trading and demat account. Margin Funding - Motilal Oswal and Nuvama Wealth offers margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
Account Features Compare | Motilal Oswal | SBICAP Securities | Nuvama Wealth |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Algo Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Combined Ledger for Equity and Commodity | ![]() |
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Intraday Square-off Time | 3:15PM | 3:15PM | 3:15PM |
NRI Trading | ![]() |
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Other Features | NIL | Trading software terminal: ODIN Diet | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal vs SBICAP Securities vs Nuvama Wealth. 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.
Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth 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 Nuvama Wealth 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 Nuvama Wealth offers PMS facility where SBICAP Securities doesn't offers PMS facility.
Investment Offerings Compare | Motilal Oswal | SBICAP Securities | Nuvama Wealth |
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Equity Cash and F&O | ![]() |
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Currency Deravitives | ![]() |
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Commodity | ![]() |
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Online IPO Application | ![]() |
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Mutual Funds | ![]() |
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Bond / NCD | ![]() |
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ETF | ![]() |
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Banking | ![]() |
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Insurance | ![]() |
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Forex | ![]() |
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MF SIP Investment | ![]() |
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Equity SIP Investment | ![]() |
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PMS Service | ![]() |
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Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth 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 SBICAP Securities provides Bracket Orders (BO) facility where Nuvama Wealth 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 SBICAP Securities offers Good Till Cancelled (GTC) orders facility where Nuvama Wealth doesn't provides GTC.
Order Type Compare | Motilal Oswal | SBICAP Securities | Nuvama Wealth |
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CNC order | ![]() |
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MIS order | ![]() |
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NRML order | ![]() |
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Cover order | ![]() |
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Bracket order | ![]() |
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AMO-After Market Orders | ![]() |
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GTC-Good Till Cancelled | ![]() |
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Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth 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 | SBICAP Securities | Nuvama Wealth |
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24/7 Customer Service | ![]() |
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Email Support | ![]() |
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Onine Live Chat | ![]() |
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Phone Support | ![]() |
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Toll Free Number | ![]() |
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Through Branches | ![]() |
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Customer Care Number | 022 40548000/022 67490600 | 022 6854 5555 | 1800 102 3335 |
Account Opening Process | Online/Paperless | Offline | Online/Paperless |
Customer Support Email | [email protected] | [email protected] | [email protected] |
Knowledge Center/Education | https://edumo.motilaloswal.com/ | https://www.sbismart.com/education | https://www.nuvamawealth.com/investology |
Head Office Address | Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025 |
SBICAP SECURITIES LTD., A&B WING, MARATHON FUTUREX 12TH FLOOR, N.M.JOSHI MARG LOWER PAREL, MUMBAI - 400013 |
Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Website | https://www.motilaloswal.com/ | https://www.sbismart.com | https://www.nuvamawealth.com/ |
Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on research reports and tips provided by broker.
Motilal Oswal | SBICAP Securities | Nuvama Wealth | |
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Research Mutual Funds | ![]() |
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Research Equity Reports | ![]() |
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Research ETF | ![]() |
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Daily Market Report | ![]() |
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Free Tips | ![]() |
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Quarterly Result Analysis | ![]() |
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News Alerts | ![]() |
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Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on Demat Service and Charges. This section cover about demat charges, demat service and other details
Motilal Oswal | SBICAP Securities | Nuvama Wealth | |
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DP Source | CDSL | CDSL | CDSL |
DP ID | 10900 | 19300 | 19100 |
Demat Account Annual Maintenance Charges(AMC) | ₹400 pa | ₹500 | Free (₹1500 one time charges) |
Advance Deposit | NIL | 0 for all | NIL |
Statutory charges | Nil | Nil | Nil |
Transaction Charges on Debit (Per ISIN) | 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) | 0.01% of the transaction value (Min ₹21 and Max ₹300) | 0.02% of transaction value or ₹20 per transaction whichever is higher |
Demat | ₹50 per certificate + ₹50 courier charges | ₹5 per certificate + ₹35 courier charges | ₹2 per certificate + ₹30 courier charges |
Remat | ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges | ₹35 per certificate + CDSL Charges | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges |
Pledge Creation | ₹35 | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | 0.02% of transaction value (Min ₹50) |
Pledge Creation Confirmation | Nil | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | Nil |
Pledge Closure | ₹35 | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | 0.02% of transaction value (Min ₹50) |
Pledge Closure Confirmation | Nil | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | Nil |
Pledge Invocation | ₹35 | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | 0.02% of transaction value (Min ₹50) |
Failed Instruction Charges | Nil | ₹10 | Nil |
Other Charges | Nil | Nil | Nil |
Compare Motilal Oswal vs SBICAP Securities vs Nuvama Wealth on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
Motilal Oswal | SBICAP Securities | Nuvama Wealth | |
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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, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application. 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 Terminal X3,Nuvama Web,Mobile Trader. Pay-out/Fund Withdrawal - Bank Transfer only |
Payout Time | Max 24 hrs except bank holidays. | Upto 24 Hrs except Bank Holidays. | 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. | Direct to SBI Bank. | NA |
Bank Detail | Info Not Available | Direct to SBI bank account | Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000 |
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) | ||
Enquire for Motilal Oswal | Enquire for SBICAP Securities | Enquire for Nuvama Wealth |
Last Updated on 2023-09-14T05:03:12+00:00