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 TradeSmart ranges between Rs 15, while the brokerage of Nuvama Wealth ranges between Rs 10. The broker TradeSmart and Nuvama Wealth are a discount brokers where Motilal Oswal is a full service broker. Overall rating for Motilal Oswal is 4, TradeSmart is rated 4, Nuvama Wealth is rated 3.5 out of 5.
Here we present side-by-side comparison of Motilal Oswal vs TradeSmart 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 TradeSmart 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 TradeSmart vs Nuvama Wealth in this setion with 360 degree view of broker information.
In this section we have compared Motilal Oswal vs TradeSmart 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 TradeSmart charges Rs 200 for account opeing. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] as AMC for Demat account, TradeSmart charges Rs 300 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 | TradeSmart | Nuvama Wealth |
---|---|---|---|
Trading Account Opening Fees | Free | Rs 200 | Free |
Trading AMC | Free | Free | Free |
Demat Account Opening Fees | Free | Rs 200 | Free |
Demat AMC | Rs 400 per annum [Free for 1st year] | Rs 300 PA | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] |
Provide DP Service |
Plans are the most important feature you look when compare Motilal Oswal vs TradeSmart vs Nuvama Wealth. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart and Nuvama Wealth offers Multiple Plans where Motilal Oswal doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
Plan Types | Motilal Oswal | TradeSmart | Nuvama Wealth |
---|---|---|---|
Multiple Plans | |||
Monthly Plans | |||
Yearly Plans |
Zerodha | Zerodha | Nuvama Wealth | |
---|---|---|---|
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.
TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.
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 | TradeSmart | Nuvama Wealth |
---|---|---|---|
Plan Name | Default Brokerage Plan | Flat Fee Rs 15 Trading Plan (Power Plan) | Nuvama Lite |
Equity Delivery | 0.20% | Flat Fee Rs 15 | Flat Rs. 10 per executed order |
Equity Intraday | 0.02% | Flat Fee Rs 15 | Flat Rs. 10 per executed order |
Equity Futures | 0.02% | Flat Fee Rs 15 | Flat Rs. 10 per executed order |
Equity Options | Rs 20 per lot | Flat Fee Rs 15 | Flat Rs. 10 per executed order |
Currency Futures | Rs 20 per lot | Flat Fee Rs 15 | Flat Rs. 10 per executed order |
Currency Options | Rs 20 per lot | Flat Fee Rs 15 | Flat Rs. 10 per executed order |
Commodity Trading | Futures: 0.02%| Options: Rs 200 Per Lot | Flat Fee Rs 15 | 0.01% |
Minimum Brokerage | |||
Hidden Charges | No | No | |
Funding | Yes - 18% interest PA | No | Yes - 24% interest PA |
Call & Trade Charges | NA | Rs 20 per executed Order | Rs 20 per call |
Auto Square off Charges | NA | Rs 20 per executed Order | Rs 20 |
Brokerage Calculator | Brokerage Calculator for Motilal Oswal | Brokerage Calculator for TradeSmart | Brokerage Calculator for Nuvama Wealth |
Compare Motilal Oswal vs TradeSmart vs Nuvama Wealth on transaction charges and PCM fee by segment.
Transaction Charges Compare | Motilal Oswal | TradeSmart | Nuvama Wealth |
---|---|---|---|
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 | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
Brokerage Charges | Complete Brokerage Plans for motilal-oswal | Complete Brokerage Plans for trade-smart-online | Complete Brokerage Plans for nuvama-wealth |
Compare Motilal Oswal vs TradeSmart vs Nuvama Wealth 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 - Motilal Oswal and Nuvama Wealth offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - Motilal Oswal and Nuvama Wealth offers NRI Trading where TradeSmart doesn't offers NRI Trading.
Account Features Compare | Motilal Oswal | TradeSmart | Nuvama Wealth |
---|---|---|---|
3 in 1 Account | |||
Charting | |||
Algo Trading | |||
SMS Alerts | |||
Online Demo | |||
Online Portfolio | |||
Margin Trading Funding Available | |||
Combined Ledger for Equity and Commodity | |||
Intraday Square-off Time | 3:15PM | 3:15PM | 3:15PM |
NRI Trading | |||
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 TradeSmart 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.
Trading Platform Compare | Motilal Oswal | TradeSmart | Nuvama Wealth |
---|---|---|---|
Desktop Trading Platform | Orion Lite | NEST Trader & Fox Trader | Xtreme Trader |
Desktop Demo | Desktop Demo | Desktop Demo | Desktop Demo |
Desktop Platform (Windows) | |||
Desktop Platform (Mac) | |||
Web Trading Platform | |||
Web Trading Detail |
https://power.motilaloswal.com/MOSL/userMaster/login |
https://sine.tradesmartonline.in/userMaster/login |
https://tlounge.edelweiss.in/Login |
Web Trading Demo | Web Trading Demo | Web Trading Demo | Info Not Available |
Mobile Site | |||
Mobile Trading | |||
Mobile Trading App | MO Trader | Sine | Nuvama Mobile Trader |
Mobile Trading App Demo | MO Trader Demo | Sine Demo | Nuvama Mobile Trader Demo |
Android Mobile App | |||
Android App Download | Andriod MO Trader Download | Andriod Sine Download | Andriod Download |
iPhone Mobile App (IOS) | |||
iOS App Download | iOS MO Trader Download | iOS Sine Download | iOS Nuvama Mobile Trader Download |
Android Tablet App | |||
iPad App (IOS) | |||
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 TradeSmart | Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth |
Futures Brokerage Calculator | Futures Brokerage Calculator for Motilal Oswal | Futures Brokerage Calculator for TradeSmart | Futures Brokerage Calculator for Nuvama Wealth |
Options Brokerage Calculator | Options Brokerage Calculator for Motilal Oswal | Options Brokerage Calculator for TradeSmart | Options Brokerage Calculator for Nuvama Wealth |
Detail | Detail on Trading Platforms for motilal-oswal | Detail on Trading Platforms for trade-smart-online | Detail on Trading Platforms for nuvama-wealth |
Compare Motilal Oswal vs TradeSmart 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 - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - Motilal Oswal and Nuvama Wealth offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Motilal Oswal and Nuvama Wealth offers PMS facility where TradeSmart doesn't offers PMS facility.
Investment Offerings Compare | Motilal Oswal | TradeSmart | Nuvama Wealth |
---|---|---|---|
Equity Cash and F&O | |||
Currency Deravitives | |||
Commodity | |||
Online IPO Application | |||
Mutual Funds | |||
Bond / NCD | |||
ETF | |||
Banking | |||
Insurance | |||
Forex | |||
MF SIP Investment | |||
Equity SIP Investment | |||
PMS Service | |||
Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Motilal Oswal vs TradeSmart 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 TradeSmart 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 offers Good Till Cancelled (GTC) orders facility where TradeSmart and Nuvama Wealth doesn't provides GTC.
Order Type Compare | Motilal Oswal | TradeSmart | Nuvama Wealth |
---|---|---|---|
CNC order | |||
MIS order | |||
NRML order | |||
Cover order | |||
Bracket order | |||
AMO-After Market Orders | |||
GTC-Good Till Cancelled |
Compare Motilal Oswal vs TradeSmart 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 | TradeSmart | Nuvama Wealth |
---|---|---|---|
24/7 Customer Service | |||
Email Support | |||
Onine Live Chat | |||
Phone Support | |||
Toll Free Number | |||
Through Branches | |||
Customer Care Number | 022 40548000/022 67490600 | 022 61208000 | 1800 102 3335 |
Account Opening Process | Online/Paperless | Online/Paperless | Online/Paperless |
Customer Support Email | [email protected] | [email protected] | [email protected] |
Knowledge Center/Education | https://edumo.motilaloswal.com/ | https://help.tradesmartonline.in/ | https://www.nuvamawealth.com/investology |
Head Office Address | Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025 |
Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Website | https://www.motilaloswal.com/ | https://tradesmartonline.in/ | https://www.nuvamawealth.com/ |
Compare Motilal Oswal vs TradeSmart vs Nuvama Wealth on research reports and tips provided by broker.
Motilal Oswal | TradeSmart | Nuvama Wealth | |
---|---|---|---|
Research Mutual Funds | |||
Research Equity Reports | |||
Research ETF | |||
Daily Market Report | |||
Free Tips | |||
Quarterly Result Analysis | |||
News Alerts |
Compare Motilal Oswal vs TradeSmart vs Nuvama Wealth on Demat Service and Charges. This section cover about demat charges, demat service and other details
Motilal Oswal | TradeSmart | Nuvama Wealth | |
---|---|---|---|
DP Source | CDSL | CDSL | CDSL |
DP ID | 10900 | 30400 | 19100 |
Demat Account Annual Maintenance Charges(AMC) | ₹400 pa | ₹300 pa | Free (₹1500 one time charges) |
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) | ₹25 | 0.02% of transaction value or ₹20 per transaction whichever is higher |
Demat | ₹50 per certificate + ₹50 courier charges | ₹500 per certificate (Min ₹500 per request) | ₹2 per certificate + ₹30 courier charges |
Remat | ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges | ₹500 per certificate (Min ₹500 per request) | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges |
Pledge Creation | ₹35 | ₹200 per script ₹50 for trading margin each side |
0.02% of transaction value (Min ₹50) |
Pledge Creation Confirmation | Nil | Nil | Nil |
Pledge Closure | ₹35 | ₹200 per script | 0.02% of transaction value (Min ₹50) |
Pledge Closure Confirmation | Nil | Nil | Nil |
Pledge Invocation | ₹35 | ₹200 per script | 0.02% of transaction value (Min ₹50) |
Failed Instruction Charges | Nil | Nil | Nil |
Other Charges | Nil | Nil | Nil |
Compare Motilal Oswal vs TradeSmart vs Nuvama Wealth on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
Motilal Oswal | TradeSmart | Nuvama Wealth | |
---|---|---|---|
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 SIGN Mobile, SIGN Web and NEST Software. 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. | Up to 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. | Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. | NA |
Bank Detail | Info Not Available | VNS Finance and Capital Services Ltd., Account Number:VNS095XXXXXXX Bank and Branch: Yes Bank,CMS National Operating Centre MMR Account Type: Current Account IFSC Code: YESB0CMSNOC |
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;
|
Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?
|
|
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;
|
There are several disadvantages or limitations as well of trading with TradeSmart such as follows;
|
|
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) | Free Account Opening, Rs 400 Waived for a limited time. | |
Enquire for Motilal Oswal | Enquire for TradeSmart | Enquire for Nuvama Wealth |
Last Updated on 2023-09-14T05:03:12+00:00