Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
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 TradeSmart ranges between Rs 15. The broker Sharekhan and Motilal Oswal are full service brokers where TradeSmart is a discount broker. Overall rating for Sharekhan is 4, Motilal Oswal is rated 4, TradeSmart is rated 4 out of 5.
Here we present side-by-side comparison of Sharekhan vs Motilal Oswal vs TradeSmart 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 TradeSmart 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 TradeSmart in this setion with 360 degree view of broker information.
 Sharekhan |
 Motilal Oswal |
 TradeSmart |
|
|---|---|---|---|
| Overall Rating | |||
| Brokerage Charges | |||
| Trading Platform | |||
| Investments Offering | |||
| Customer Service | |||
| 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. | Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support. |
| Broker Enquiry |
|
|
|
In this section we have compared Sharekhan vs Motilal Oswal vs TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - Sharekhan and Motilal Oswal offer Free account opening where TradeSmart charges Rs 200 for account opeing. 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 TradeSmart charges Rs 300 PA AMC for Demat account.
| Charges | Sharekhan | Motilal Oswal | TradeSmart |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Rs 200 |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Rs 200 |
| Demat AMC | Rs 400 PA (Free for 1st year)) | Rs 400 per annum [Free for 1st year] | Rs 300 PA |
| Provide DP Service |  |
|
|
Plans are the most important feature you look when compare Sharekhan vs Motilal Oswal vs TradeSmart. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Sharekhan and TradeSmart offers Multiple Plans where Motilal Oswal doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Sharekhan | Motilal Oswal | TradeSmart |
|---|---|---|---|
| Multiple Plans | |
 |
|
| Monthly Plans | |
|
|
| Yearly Plans | |
|
|
| Sharekhan | Zerodha | Zerodha | |
|---|---|---|---|
| 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.
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.
| Brokerage Charges Compare | Sharekhan | Motilal Oswal | TradeSmart |
|---|---|---|---|
| Plan Name | Sharkehan Brokerage Plan | Default Brokerage Plan | Flat Fee Rs 15 Trading Plan (Power Plan) |
| Equity Delivery | 0.30% | 0.20% | Flat Fee Rs 15 |
| Equity Intraday | 0.02% | 0.02% | Flat Fee Rs 15 |
| Equity Futures | 0.02% | 0.02% | Flat Fee Rs 15 |
| Equity Options | Rs 20 per lot | Rs 20 per lot | Flat Fee Rs 15 |
| Currency Futures | 0.02% | Rs 20 per lot | Flat Fee Rs 15 |
| Currency Options | Rs 5 per lot | Rs 20 per lot | Flat Fee Rs 15 |
| Commodity Trading | Rs 20 per lot | Futures: 0.02%| Options: Rs 200 Per Lot | Flat Fee Rs 15 |
| Minimum Brokerage | Rs 20 | ||
| Hidden Charges | No | No | |
| Funding | Yes - 18% interest PA | Yes - 18% interest PA | No |
| Call & Trade Charges | Free | NA | Rs 20 per executed Order |
| Auto Square off Charges | Free | NA | Rs 20 per executed Order |
| Brokerage Calculator | Brokerage Calculator for Sharekhan | Brokerage Calculator for Motilal Oswal | Brokerage Calculator for TradeSmart |
Compare Sharekhan vs Motilal Oswal vs TradeSmart on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Sharekhan | Motilal Oswal | TradeSmart |
|---|---|---|---|
| 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 360 Per Cr | Agri: Rs 275 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for sharekhan | Complete Brokerage Plans for motilal-oswal | Complete Brokerage Plans for trade-smart-online |
Compare Sharekhan vs Motilal Oswal vs TradeSmart 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 TradeSmart doesn't offers margin funding. NRI Trading - Sharekhan and Motilal Oswal offers NRI Trading where TradeSmart doesn't offers NRI Trading.
| Account Features Compare | Sharekhan | Motilal Oswal | TradeSmart |
|---|---|---|---|
| 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 Sharekhan vs Motilal Oswal vs TradeSmart. 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.
| Sharekhan | Motilal Oswal | TradeSmart | ||
|---|---|---|---|---|
184 Customer Reviews
 |
57 Customer Reviews
|
34 Customer Reviews
|
||
| 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 | TradeSmart is Rated 4.0 / 5 based on 34 customer reviews |
Compare Sharekhan vs Motilal Oswal vs TradeSmart 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 - Sharekhan and Motilal Oswal offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Sharekhan and Motilal Oswal offers PMS facility where TradeSmart doesn't offers PMS facility.
| Investment Offerings Compare | Sharekhan | Motilal Oswal | TradeSmart |
|---|---|---|---|
| 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 Sharekhan vs Motilal Oswal vs TradeSmart 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 TradeSmart doesn't provides GTC.
| Order Type Compare | Sharekhan | Motilal Oswal | TradeSmart |
|---|---|---|---|
| CNC order | |
|
|
| MIS order | |
|
|
| NRML order | |
|
|
| Cover order | |
|
|
| Bracket order | |
|
|
| AMO-After Market Orders | |
|
|
| GTC-Good Till Cancelled | |
|
|
Compare Sharekhan vs Motilal Oswal vs TradeSmart 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 | TradeSmart |
|---|---|---|---|
| 24/7 Customer Service | |
|
|
| Email Support | |
|
|
| Onine Live Chat | |
|
|
| Phone Support | |
|
|
| Toll Free Number | |
|
|
| Through Branches | |
|
|
| Customer Care Number | 1800227500 | 022 40548000/022 67490600 | 022 61208000 |
| Account Opening Process | Offline | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://www.sharekhan.com/help/hello | https://edumo.motilaloswal.com/ | https://help.tradesmartonline.in/ |
| 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 |
Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
| Website | https://www.sharekhan.com | https://www.motilaloswal.com/ | https://tradesmartonline.in/ |
Compare Sharekhan vs Motilal Oswal vs TradeSmart on research reports and tips provided by broker.
| Sharekhan | Motilal Oswal | TradeSmart | |
|---|---|---|---|
| Research Mutual Funds | |
|
|
| Research Equity Reports | |
|
|
| Research ETF | |
|
|
| Daily Market Report | |
|
|
| Free Tips | |
|
|
| Quarterly Result Analysis | |
|
|
| News Alerts | |
|
|
Compare Sharekhan vs Motilal Oswal vs TradeSmart on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Sharekhan | Motilal Oswal | TradeSmart | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 36000 | 10900 | 30400 |
| Demat Account Annual Maintenance Charges(AMC) | ₹500 pa | ₹400 pa | ₹300 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) | ₹25 |
| Demat | ₹5 per certificate (Min 50 per request) | ₹50 per certificate + ₹50 courier charges | ₹500 per certificate (Min ₹500 per request) |
| 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 | ₹500 per certificate (Min ₹500 per request) |
| Pledge Creation | 0.03% (Min ₹100) | ₹35 | ₹200 per script ₹50 for trading margin each side |
| Pledge Creation Confirmation | Nil | Nil | Nil |
| Pledge Closure | Nil | ₹35 | ₹200 per script |
| Pledge Closure Confirmation | Nil | Nil | Nil |
| Pledge Invocation | Nil | ₹35 | ₹200 per script |
| 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 |
Compare Sharekhan vs Motilal Oswal vs TradeSmart on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Sharekhan | Motilal Oswal | TradeSmart | |
|---|---|---|---|
| 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 SIGN Mobile, SIGN Web and NEST Software. Pay-out/Fund Withdrawal - Bank Transfer only. |
| Payout Time | Max 24 hrs except bank holidays | Max 24 hrs except bank holidays. | Up to 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. | Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. |
| Bank Detail | Sharekhan Limited Account No.:9035< Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0000001 |
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 |
| 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 Sharekhan | Enquire for Motilal Oswal | Enquire for TradeSmart |
Last Updated on 2024-03-04T07:37:57+00:00
