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The brokerage of Sharekhan ranges between 0.1 to 0.5%, the brokerage of Motilal Oswal ranges between 0.02 to 0.20%, while the brokerage of Finvasia ranges between Rs 0. The broker Sharekhan and Motilal Oswal are full service brokers where Finvasia is a discount broker. Overall rating for Sharekhan is 4, Motilal Oswal is rated 4, Finvasia is rated 4 out of 5.
Here we present side-by-side comparison of Sharekhan vs Motilal Oswal vs Finvasia stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Sharekhan vs Motilal Oswal vs Finvasia 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 Sharekhan vs Motilal Oswal vs Finvasia in this setion with 360 degree view of broker information.
 Sharekhan |
 Motilal Oswal |
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| Broker Type | Full Service Broker | Full Service Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX |
| Broker Overview | Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation...  |
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. | Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... |
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In this section we have compared Sharekhan vs Motilal Oswal vs Finvasia on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Sharekhan charges Rs 400 PA (Free for 1st year)) as AMC for Demat account, Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account, where Finvasia charges Free AMC for Demat account.
| Charges | Sharekhan | Motilal Oswal | Finvasia |
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| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 400 PA (Free for 1st year)) | Rs 400 per annum [Free for 1st year] | Free |
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Plans are the most important feature you look when compare Sharekhan vs Motilal Oswal vs Finvasia. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Sharekhan offers Multiple Plans where Motilal Oswal and Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Sharekhan | Motilal Oswal | Finvasia |
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| Multiple Plans | |
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| Yearly Plans | |
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| Sharekhan | Zerodha | Zerodha | |
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| Account Opening Request |
Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.
Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
| Brokerage Charges Compare | Sharekhan | Motilal Oswal | Finvasia |
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| Plan Name | Sharkehan Brokerage Plan | Default Brokerage Plan | Zero Brokerage Trading Plan |
| Equity Delivery | 0.30% | 0.20% | Rs 0 |
| Equity Intraday | 0.02% | 0.02% | Rs 0 |
| Equity Futures | 0.02% | 0.02% | Rs 0 |
| Equity Options | Rs 20 per lot | Rs 20 per lot | Rs 0 |
| Currency Futures | 0.02% | Rs 20 per lot | Rs 0 |
| Currency Options | Rs 5 per lot | Rs 20 per lot | Rs 0 |
| Commodity Trading | Rs 20 per lot | Futures: 0.02%| Options: Rs 200 Per Lot | Rs 0 |
| Minimum Brokerage | Rs 20 | NA | |
| Hidden Charges | No | No | |
| Funding | Yes - 18% interest PA | Yes - 18% interest PA | Yes, 24% interest PA |
| Call & Trade Charges | Free | NA | Free |
| Auto Square off Charges | Free | NA | Free |
| Brokerage Calculator | Brokerage Calculator for Sharekhan | Brokerage Calculator for Motilal Oswal | Brokerage Calculator for Finvasia |
Compare Sharekhan vs Motilal Oswal vs Finvasia on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Sharekhan | Motilal Oswal | Finvasia |
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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 260 Per Cr | Agri: Rs 175 Per Cr | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for sharekhan | Complete Brokerage Plans for motilal-oswal | Complete Brokerage Plans for finvasia |
Compare Sharekhan vs Motilal Oswal vs Finvasia 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 - Sharekhan and Motilal Oswal offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
| Account Features Compare | Sharekhan | Motilal Oswal | Finvasia |
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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 | 3:15 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 Sharekhan vs Motilal Oswal vs Finvasia. 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 | Sharekhan | Motilal Oswal | Finvasia |
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| Desktop Trading Platform | TradeTiger | Orion Lite | OMNESYS NEST |
| Desktop Demo | Desktop Demo | Desktop Demo | Info Not Available |
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| Web Trading Platform | |
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| Web Trading Detail |
https://www.sharekhan.com/ |
https://power.motilaloswal.com/MOSL/userMaster/login |
https://trade.finvasia.com/ |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Info Not Available |
| Mobile Site | |
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| Mobile Trading App | Sharekhan | MO Trader | SCALPERT |
| Mobile Trading App Demo | Sharekhan Demo | MO Trader Demo | SCALPERT Demo |
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| Android App Download | Andriod Sharekhan Download | Andriod MO Trader Download | Andriod Download |
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| iOS App Download | iOS Sharekhan Download | iOS MO Trader Download | iOS SCALPERT Download |
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| Trading Software Charges | Free | Free | Basic platforms are free, advance platforms are chargeable. |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Sharekhan | Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal | Equity Intraday and Delivery Brokerage Calculator for Finvasia |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Sharekhan | Futures Brokerage Calculator for Motilal Oswal | Futures Brokerage Calculator for Finvasia |
| Options Brokerage Calculator | Options Brokerage Calculator for Sharekhan | Options Brokerage Calculator for Motilal Oswal | Options Brokerage Calculator for Finvasia |
| Detail | Detail on Trading Platforms for sharekhan | Detail on Trading Platforms for motilal-oswal | Detail on Trading Platforms for finvasia |
| Sharekhan | Motilal Oswal | Finvasia | ||
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184 Customer Reviews
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57 Customer Reviews
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17 Customer Reviews
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| Fees Ratings | ||||
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| Overall Ratings | ||||
| Broker Rating | Sharekhan is Rated 3.6 / 5 based on 184 customer reviews | Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews | Finvasia is Rated 4.2 / 5 based on 17 customer reviews |
Compare Sharekhan vs Motilal Oswal vs Finvasia 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) - Sharekhan and Motilal Oswal offers PMS facility where Finvasia doesn't offers PMS facility.
| Investment Offerings Compare | Sharekhan | Motilal Oswal | Finvasia |
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| Equity Cash and F&O | |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Sharekhan vs Motilal Oswal vs Finvasia 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 - Sharekhan and Motilal Oswal offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.
| Order Type Compare | Sharekhan | Motilal Oswal | Finvasia |
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| CNC order | |
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Compare Sharekhan vs Motilal Oswal vs Finvasia 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 | Sharekhan | Motilal Oswal | Finvasia |
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| 24/7 Customer Service | |
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| Customer Care Number | 1800227500 | 022 40548000/022 67490600 | Support: +91 9779 097 777/Sales: +91 9098 001 001 |
| Account Opening Process | Offline | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected]/[email protected] |
| Knowledge Center/Education | https://www.sharekhan.com/help/hello | https://edumo.motilaloswal.com/ | https://finvasia.com/announcements |
| Head Office Address | Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Kanjurmarg (East), Mumbai-MH- 400042 |
Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025 |
Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
| Website | https://www.sharekhan.com | https://www.motilaloswal.com/ | https://www.finvasia.com/ |
Compare Sharekhan vs Motilal Oswal vs Finvasia on research reports and tips provided by broker.
| Sharekhan | Motilal Oswal | Finvasia | |
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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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Compare Sharekhan vs Motilal Oswal vs Finvasia on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Sharekhan | Motilal Oswal | Finvasia | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 36000 | 10900 | 84300 |
| Demat Account Annual Maintenance Charges(AMC) | ₹500 pa | ₹400 pa | Free |
| Advance Deposit | Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) | NIL | Rs 0 |
| Statutory charges | Actual Stamp Paper Charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) | 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) | ₹9 + ₹5.50 (CDSL Charges) for every transaction |
| Demat | ₹5 per certificate (Min 50 per request) | ₹50 per certificate + ₹50 courier charges | ₹15 per certificate |
| Remat | ₹50 per certificate or ₹50 for every hundred securities | ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges | ₹15 for every hundred securities + CDSL Charges |
| Pledge Creation | 0.03% (Min ₹100) | ₹35 | ₹25 per transaction |
| Pledge Creation Confirmation | Nil | Nil | NIL |
| Pledge Closure | Nil | ₹35 | ₹25 per transaction |
| Pledge Closure Confirmation | Nil | Nil | NIL |
| Pledge Invocation | Nil | ₹35 | ₹19 per transaction |
| Failed Instruction Charges | Nil | Nil | ₹49 |
| Other Charges | Freeze/De-freeze - ₹25 per transaction Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100) Client Master changes ₹30 per request |
Nil | Nil |
Compare Sharekhan vs Motilal Oswal vs Finvasia on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Sharekhan | Motilal Oswal | Finvasia | |
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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 RelianceSmartMoney platform. Pay-out/Fund Withdrawal - Bank Transfer only |
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 with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through bank transfer only. |
| Payout Time | Max 24 hrs except bank holidays | Max 24 hrs except bank holidays. | Up to 24 hrs except for bank holidays. |
| Bank Supported and Charges | Info Not Available | Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. |
| Bank Detail | Sharekhan Limited Account No.:9035< Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0000001 |
Info Not Available | FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
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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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No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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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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Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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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) | Free Account Opening+Free Demat AMC+Free Trading. | |
| Enquire for Sharekhan | Enquire for Motilal Oswal | Enquire for Finvasia |
Last Updated on 2024-03-04T07:37:57+00:00
