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Motilal Oswal Vs Achiievers Equities: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Motilal Oswal Max 0.02 to 0.20% per trade while the brokerage of Achiievers Equities ranges between Rs 15. Motilal Oswal is a Full Service Broker where Achiievers Equities is a Discount Broker. Motilal Oswal is having overall higher rating compare to Achiievers Equities. Motilal Oswal is rated 4 out of 5 where Achiievers Equities is rated only 3 out of 5. Number of active customer for Motilal Oswal is 8,74,230 where number of active customer for Achiievers Equities is . Motilal Oswal is serving more customer compare to Achiievers Equities.

Here we present side-by-side comparison of Motilal Oswal vs Achiievers Equities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Motilal Oswal vs Achiievers Equities's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Motilal Oswal vs Achiievers Equities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Motilal Oswal vs Achiievers Equities's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Motilal Oswal vs Achiievers Equities on Service

  Motilal Oswal Compare
Motilal Oswal
Achiievers Equities Compare
Achiievers Equities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 8,74,230
Broker Overview 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. Achiievers is a full service provider at discounted rates. They have competitive commission rates, Solid research and recommendations and options to invest in Mutual Funds, IPOs, Bonds and FDs.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Motilal Oswal vs Achiievers Equities on Trading & Demat Account Opening Charges

Comparison of Motilal Oswal with Achiievers Equities on trading & demat account opening charges and AMC. Trading account opening charges - Motilal Oswal offer Free account opening where Achiievers Equities charges Rs 750 for account opening. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account where Achiievers Equities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal with Achiievers Equities
Charges Motilal Oswal Achiievers Equities
Trading Account Opening Fees Free Rs 750
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 per annum [Free for 1st year] Rs 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Motilal Oswal vs Achiievers Equities on Plan Options

Plans are the most important feature you look when compare Motilal Oswal with Achiievers Equities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Achiievers Equities provides Multiple Plans where Motilal Oswal doesn't offer. Monthly Plans - Achiievers Equities provides Monthly Plans where Motilal Oswal doesn't offer

Compare Motilal Oswal with Achiievers Equities on Plan Options
Plan Types Motilal Oswal Achiievers Equities
Multiple Plans No Yes
Monthly Plans No Yes
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Motilal Oswal vs Achiievers Equities on Brokerage Charges

Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.

Achiievers Equities Brokerage Plan detail - Trade in Equity Delivery, Intraday, Future, Currency and Commodity on Rs 15 per executable order.

Brokerage Charges - Compare Motilal Oswal with Achiievers Equities
Brokerage Charges Compare Motilal Oswal Achiievers Equities
Plan Name Default Brokerage Plan Flat Fee Rs 15 Trading Plan
Equity Delivery 0.20% Flat Fee Rs 15
Equity Intraday 0.02% Flat Fee Rs 15
Equity Futures 0.02% Flat Fee Rs 15
Equity Options Rs 20 per lot Flat Fee Rs 15
Currency Futures Rs 20 per lot Flat Fee Rs 15
Currency Options Rs 20 per lot Flat Fee Rs 15
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot Flat Fee Rs 15
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges NA NA
Auto Square off Charges NA NA
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Achiievers Equities
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Share Broker's Transaction Charges

Compare Motilal Oswal vs Achiievers Equities on Transaction Charges

Compare Motilal Oswal with Achiievers Equities on transaction charges and PCM fee by segment.

Transaction Charges - Compare Motilal Oswal with Achiievers Equities
Transaction Charges Compare Motilal Oswal Achiievers Equities
Equity Delivery 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
Equity Futures 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
Currency Futures 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
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 460 Per Cr | Agri: Rs 375 Per Cr
Brokerage Charges Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for achiievers-equities-broker
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Account Features

Compare Motilal Oswal vs Achiievers Equities on Account Features

Compare Motilal Oswal with Achiievers Equities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Achiievers Equities offers 3-in-1 account where Motilal Oswal offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Motilal Oswal offers a margin funding where Achiievers Equities doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

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

Compare Motilal Oswal vs Achiievers Equities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal and Achiievers Equities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Motilal Oswal with Achiievers Equities
Trading Platform Compare Motilal Oswal Achiievers Equities
Desktop Trading Platform Orion Lite NSE NOW
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://power.motilaloswal.com/MOSL/userMaster/login http://www.nowonline.in/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App MO Trader Achiievers�Mobi
Mobile Trading App Demo MO Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MO Trader Download Andriod Achiievers�Mobi Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MO Trader Download iOS Achiievers�Mobi Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Achiievers Equities
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Achiievers Equities
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Achiievers Equities
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for achiievers-equities-broker

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Broker Ratings by Users

Compare Motilal Oswal vs Achiievers Equities on User Rating

  Motilal Oswal Achiievers Equities
  57 Customer Reviews    Rate Motilal Oswal 4 Customer Reviews    Rate Achiievers Equities
Fees Ratings 3.2 4.8
Trading Brokerage Rating 2.6 5.0
Trading Platform Usability 3.2 4.3
Customer Service Ratings 3.0 4.0
Overall Ratings 3.0 4.8
Broker Rating Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews Achiievers Equities is Rated 4.8 / 5 based on 4 customer reviews
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Investment Offerings

Compare Motilal Oswal vs Achiievers Equities on Investment Offerings

Compare Motilal Oswal with Achiievers Equities 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 - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Motilal Oswal provide PMS Service where Achiievers Equities doesn't offer

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

Compare Motilal Oswal vs Achiievers Equities on Order Types

Order Type - Compare Motilal Oswal with Achiievers Equities on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Motilal Oswal provide Cover Orders (CO) where Achiievers Equities doesn't offer.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 provide Bracket Orders (BO) where Achiievers Equities doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Motilal Oswal offers After Market Orders where Achiievers Equities doesn't offers AMO. GTC Orders- Motilal Oswal offers Good Till Cancelled (GTC) orders where Achiievers Equities doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Motilal Oswal with Achiievers Equities
Order Type Compare Motilal Oswal Achiievers Equities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Motilal Oswal vs Achiievers Equities on Customer Service

Compare Motilal Oswal with Achiievers Equities on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Motilal Oswal with Achiievers Equities
Customer Service Compare Motilal Oswal Achiievers Equities
24/7 Customer Service Motilal Oswal vs Achiievers Equities - 24x7 customer support No No
Email Support Motilal Oswal vs Achiievers Equities - Email Support Yes Yes
Onine Live Chat Motilal Oswal vs Achiievers Equities - Onine Live Chat No Yes
Phone Support Motilal Oswal vs Achiievers Equities - Phone Support Yes Yes
Toll Free Number Motilal Oswal vs Achiievers Equities - Toll Free Number No No
Through Branches Motilal Oswal vs Achiievers Equities - Through Branches Yes Yes
Customer Care Number Motilal Oswal vs Achiievers Equities - Customer Care Number 022 40548000/022 67490600 Info Not Available
Account Opening Process Motilal Oswal vs Achiievers Equities - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Motilal Oswal vs Achiievers Equities - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Motilal Oswal vs Achiievers Equities - Knowledge Center/Education https://edumo.motilaloswal.com/ Info Not Available
Head Office Address Motilal Oswal vs Achiievers Equities - Head Office Address/Corporate Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Info Not Available
Website Motilal Oswal vs Achiievers Equities - Company Website https://www.motilaloswal.com/ Info Not Available
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Tips/Research/Reports Published

Compare Motilal Oswal vs Achiievers Equities on Research Reports, Tips

Compare Motilal Oswal with Achiievers Equities on research reports and tips provided by the broker.

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

Compare Motilal Oswal vs Achiievers Equities on Demat Account

Compare Motilal Oswal with Achiievers Equities on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Achiievers Equities is ₹400 pa where for Motilal Oswal is ₹400 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Motilal Oswal is 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) where for Achiievers Equities is ₹12 + ₹5.50 CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Motilal Oswal with Achiievers Equities
  Motilal Oswal Achiievers Equities
DP Source CDSL CDSL
DP ID Motilal Oswal vs Achiievers Equities - DP ID 10900 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹400 pa
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹12 + ₹5.50 CDSL charges
Demat ₹50 per certificate + ₹50 courier charges ₹3 per certificate + ₹40 courier charges
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges 0.05% of the value or ₹20 per certificate (whichever is higher) + CDSL charges
Pledge Creation ₹35 0.02% of the value (Min ₹50) + CDSL charges
Pledge Creation Confirmation Nil 0.02% of the value (Min ₹50) + CDSL charges
Pledge Closure ₹35 0.02% of the value (Min ₹50) + CDSL charges
Pledge Closure Confirmation Nil 0.02% of the value (Min ₹50) + CDSL charges
Pledge Invocation ₹35 0.05% of the value (Min ₹50) + CDSL charges
Failed Instruction Charges Nil ₹50
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Achiievers Equities on Special Offers and Promotion

Compare Motilal Oswal with Achiievers Equities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Motilal Oswal vs Achiievers Equities on Special Offers and Promotion
  Motilal Oswal Achiievers Equities
Pay In and Pay Out Options Motilal Oswal vs Achiievers Equities - 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
Info Not Available
Payout Time Motilal Oswal vs Achiievers Equities - Payout Time Max 24 hrs except bank holidays. Info Not Available
Bank Supported and Charges Motilal Oswal vs Achiievers Equities - Bank Supported and Charges Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. Info Not Available
Bank Detail Info Not Available Info Not Available
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;

  • 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...

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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;

  • 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...

Too many brokerage plans creating confusion, higher account opening fee, Charges for research services through SMS

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)
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Last Updated on 2023-09-14T05:03:12+00:00