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Sharekhan Vs Motilal Oswal Vs Geojit: Which one is better?

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 Geojit ranges between .03 to .3%. All 3 brokers are full service brokers. Overall rating for Sharekhan is 4, Motilal Oswal is rated 4, Geojit is rated 4 out of 5.

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

Compare Sharekhan vs Motilal Oswal vs Geojit on Service

  Sharekhan Compare
Sharekhan
Motilal Oswal Compare
Motilal Oswal
Geojit Compare
Geojit
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Full Service 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... Know more about Sharekhan 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. Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce... Know more about Geojit
Broker Enquiry Request call back from Sharekhan Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Sharekhan vs Motilal Oswal vs Geojit on Trading & Demat Account Opening Charges

In this section we have compared Sharekhan vs Motilal Oswal vs Geojit 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 Geojit charges Rs 700 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan vs Motilal Oswal vs Geojit
Charges Sharekhan Motilal Oswal Geojit
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] Rs 700 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Sharekhan vs Motilal Oswal vs Geojit on Plan Options

Plans are the most important feature you look when compare Sharekhan vs Motilal Oswal vs Geojit. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Sharekhan offers Multiple Plans where Motilal Oswal and Geojit doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Sharekhan vs Motilal Oswal vs Geojit on Plan Options
Plan Types Sharekhan Motilal Oswal Geojit
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Sharekhan Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs Motilal Oswal vs Geojiton Brokerage Charges

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.

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

Brokerage Charges - Compare Sharekhan vs Motilal Oswal vs Geojit
Brokerage Charges Compare Sharekhan Motilal Oswal Geojit
Plan Name Sharkehan Brokerage Plan Default Brokerage Plan Online Trading Plan (Percentage Based)
Equity Delivery 0.30% 0.20% 0.30% or 30 paisa
Equity Intraday 0.02% 0.02% 0.03% or 3 paisa
Equity Futures 0.02% 0.02% 0.01%
Equity Options Rs 20 per lot Rs 20 per lot Rs 50 Per Lot
Currency Futures 0.02% Rs 20 per lot 0.03% or 3 paisa
Currency Options Rs 5 per lot Rs 20 per lot Rs 50 Per Lot
Commodity Trading Rs 20 per lot Futures: 0.02%| Options: Rs 200 Per Lot 0.05% (Buy and sell)| Options: Rs. 150/lot| Option
Minimum Brokerage Rs 20 1p per share or Rs 20/contract whichever is higher
Hidden Charges No No
Funding Yes - 18% interest PA Yes - 18% interest PA Yes - 20% 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 Geojit
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Share Broker's Transaction Charges

Compare Sharekhan vs Motilal Oswal vs Geojit on Transaction Charges

Compare Sharekhan vs Motilal Oswal vs Geojit on transaction charges and PCM fee by segment.

Transaction Charges - Compare Sharekhan vs Motilal Oswal vs Geojit
Transaction Charges Compare Sharekhan Motilal Oswal Geojit
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 geojit
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Account Features

Compare Sharekhan vs Motilal Oswal vs Geojit on Account Features

Compare Sharekhan vs Motilal Oswal vs Geojit 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 - All 3 brokers offers NRI Trading.

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

Compare Sharekhan vs Motilal Oswal vs Geojiton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan vs Motilal Oswal vs Geojit. 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 vs Motilal Oswal vs Geojit
Trading Platform Compare Sharekhan Motilal Oswal Geojit
Desktop Trading Platform TradeTiger Orion Lite SELFIE Platinum
Desktop Demo Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.sharekhan.com/

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

https://selfie.geojit.net/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Sharekhan MO Trader SELFIE Geojit
Mobile Trading App Demo Sharekhan Demo MO Trader Demo SELFIE Geojit Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Sharekhan Download Andriod MO Trader Download Andriod Download
iPhone Mobile App (IOS) Yes Yes No
iOS App Download iOS Sharekhan Download iOS MO Trader Download iOS SELFIE Geojit Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes No
Trading Software Charges Free Free Free
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 Geojit
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Geojit
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Geojit
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for geojit

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Broker Ratings by Users

Compare Sharekhan vs Motilal Oswal vs Geojit on User Rating

  Sharekhan Motilal Oswal Geojit
  184 Customer Reviews    Rate Sharekhan 57 Customer Reviews    Rate Motilal Oswal 79 Customer Reviews    Rate Geojit
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
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 Geojit is Rated 3.7 / 5 based on 79 customer reviews
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Investment Offerings

Compare Sharekhan vs Motilal Oswal vs Geojit on Investment Offerings

Compare Sharekhan vs Motilal Oswal vs Geojit 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) - All 3 brokers offers PMS facility. You can invest in stocks/equity/bonds using PMS.

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

Compare Sharekhan vs Motilal Oswal vs Geojit on Order Types

Order Type - Compare Sharekhan vs Motilal Oswal vs Geojit 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) - Sharekhan and Motilal Oswal provides Cover Orders (CO) facility where Geojit doesn't provides Cover Orders. Bracket Orders (BO) - Sharekhan and Motilal Oswal provides Bracket Orders (BO) facility where Geojit 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 - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare Sharekhan vs Motilal Oswal vs Geojit
Order Type Compare Sharekhan Motilal Oswal Geojit
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 Yes
GTC-Good Till Cancelled Yes Yes Yes
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Customer Service Offered

Compare Sharekhan vs Motilal Oswal vs Geojit on Customer Service

Compare Sharekhan vs Motilal Oswal vs Geojit 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 Sharekhan vs Motilal Oswal vs Geojit
Customer Service Compare Sharekhan Motilal Oswal Geojit
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No No
Phone Support Yes Yes Yes
Toll Free Number Yes No Yes
Through Branches Yes Yes Yes
Customer Care Number 1800227500 022 40548000/022 67490600 1800-425-5501/1800-103-5501/91-484-2405822
Account Opening Process Offline Online/Paperless Offline
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.sharekhan.com/help/hello https://edumo.motilaloswal.com/ https://insights.geojit.com/
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
Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Website https://www.sharekhan.com https://www.motilaloswal.com/ https://www.geojit.com/
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Tips/Research/Reports Published

Compare Sharekhan vs Motilal Oswal vs Geojit on Research Reports, Tips

Compare Sharekhan vs Motilal Oswal vs Geojit on research reports and tips provided by broker.

Research Reports - Compare Sharekhan vs Motilal Oswal vs Geojit
  Sharekhan Motilal Oswal Geojit
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips Yes Yes Yes
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes
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Demat Account

Compare Sharekhan vs Motilal Oswal vs Geojit on Demat Account

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

Demat Charges - Compare Sharekhan vs Motilal Oswal vs Geojit
  Sharekhan Motilal Oswal Geojit
DP Source CDSL CDSL CDSL
DP ID 36000 10900 48900
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹400 pa ₹600 pa
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 NIL
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) 0.02% of transaction value (Max ₹40) + CDSL charges
Demat ₹5 per certificate (Min 50 per request) ₹50 per certificate + ₹50 courier charges ₹100 per demat request max 5 + ₹20 each additional 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 ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges
Pledge Creation 0.03% (Min ₹100) ₹35 ₹50 per transaction
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure Nil ₹35 Nil
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation Nil ₹35 ₹50 per transaction
Failed Instruction Charges Nil Nil Nil
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
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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs Motilal Oswal vs Geojit on Special Offers and Promotion

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

Compare Sharekhan vs Motilal Oswal vs Geojit on Special Offers and Promotion
  Sharekhan Motilal Oswal Geojit
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/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SELFIE Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays. Upto 24 Hrs except 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. NA
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Info Not Available NA
Likes
  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

Detail Review...

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 in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

Detail Review...

Dislikes
  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Does not offer Direct mutual fund.
  • Detail Review...

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...

  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

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 Sharekhan Enquire for Motilal Oswal Enquire for Geojit

Last Updated on 2024-03-04T07:37:57+00:00