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Motilal Oswal Vs Geojit: 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 ranges between 0.02 to 0.20% while the brokerage of Geojit ranges between .03 to .3%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Motilal Oswal is 8,74,230 where number of active customer for Geojit is 2,43,444. Motilal Oswal is serving more customer compare to Geojit.

Here we present side-by-side comparison of Motilal Oswal vs Geojit 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 Geojit'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 Geojit 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 Geojit'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 Geojit on Service

  Motilal Oswal Compare
Motilal Oswal
Geojit Compare
Geojit
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 8,74,230 2,43,444
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. 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
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Account Opening Charges and AMC

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

Comparison of Motilal Oswal with Geojit on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - 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 Motilal Oswal with Geojit
Charges Motilal Oswal Geojit
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 per annum [Free for 1st year] Rs 700 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Motilal Oswal vs Geojit on Plan Options

Plans are the most important feature you look when compare Motilal Oswal with Geojit. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

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Brokerage Charges

Compare Motilal Oswal vs Geojit 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.

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 Motilal Oswal with Geojit
Brokerage Charges Compare Motilal Oswal Geojit
Plan Name Default Brokerage Plan Online Trading Plan (Percentage Based)
Equity Delivery 0.20% 0.30% or 30 paisa
Equity Intraday 0.02% 0.03% or 3 paisa
Equity Futures 0.02% 0.01%
Equity Options Rs 20 per lot Rs 50 Per Lot
Currency Futures Rs 20 per lot 0.03% or 3 paisa
Currency Options Rs 20 per lot Rs 50 Per Lot
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot 0.05% (Buy and sell)| Options: Rs. 150/lot| Option
Minimum Brokerage NIL 1p per share or Rs 20/contract whichever is higher
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Yes - 20% interest PA
Call & Trade Charges NA Free
Auto Square off Charges NA Free
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Geojit
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Share Broker's Transaction Charges

Compare Motilal Oswal vs Geojit on Transaction Charges

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

Transaction Charges - Compare Motilal Oswal with Geojit
Transaction Charges Compare Motilal Oswal Geojit
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 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for geojit
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Account Features

Compare Motilal Oswal vs Geojit on Account Features

Compare Motilal Oswal with Geojit on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Motilal Oswal with Geojit
Account Features Compare Motilal Oswal Geojit
3 in 1 Account No Motilal Oswal have 2-in-1 account. Only Demate and Trading account. No Motilal Oswal have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
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 Geojit on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal and Geojit. 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 Geojit
Trading Platform Compare Motilal Oswal Geojit
Desktop Trading Platform Orion Lite SELFIE Platinum
Desktop Demo Desktop Demo Desktop Demo
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 https://selfie.geojit.net/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App MO Trader SELFIE Geojit
Mobile Trading App Demo MO Trader Demo SELFIE Geojit Demo
Android Mobile App Yes Yes
Android App Download Andriod MO Trader Download Andriod SELFIE Geojit Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS MO Trader Download iOS SELFIE Geojit Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Geojit
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Geojit
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Geojit
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for geojit

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Broker Ratings by Users

Compare Motilal Oswal vs Geojit on User Rating

  Motilal Oswal Geojit
  57 Customer Reviews    Rate Motilal Oswal 79 Customer Reviews    Rate Geojit
Fees Ratings 3.2 3.6
Trading Brokerage Rating 2.6 3.4
Trading Platform Usability 3.2 3.9
Customer Service Ratings 3.0 3.8
Overall Ratings 3.0 3.7
Broker Rating 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 Motilal Oswal vs Geojit on Investment Offerings

Compare Motilal Oswal with 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 - 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) - both the brokers provides PMS Service. You can invest in stocks/equity/bonds using PMS.

Investment Offerings - Compare Motilal Oswal with Geojit
Investment Offerings Compare Motilal Oswal Geojit
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 Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service Yes Yes
Other Investment Options NIL Insurance
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Order Types

Compare Motilal Oswal vs Geojit on Order Types

Order Type - Compare Motilal Oswal with Geojit 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 Geojit 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 Geojit 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)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

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

Compare Motilal Oswal vs Geojit on Customer Service

Compare Motilal Oswal with Geojit 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 Geojit
Customer Service Compare Motilal Oswal Geojit
24/7 Customer Service Motilal Oswal vs Geojit - 24x7 customer support No No
Email Support Motilal Oswal vs Geojit - Email Support Yes Yes
Onine Live Chat Motilal Oswal vs Geojit - Onine Live Chat No No
Phone Support Motilal Oswal vs Geojit - Phone Support Yes Yes
Toll Free Number Motilal Oswal vs Geojit - Toll Free Number No Yes
Through Branches Motilal Oswal vs Geojit - Through Branches Yes Yes
Customer Care Number Motilal Oswal vs Geojit - Customer Care Number 022 40548000/022 67490600 1800-425-5501/1800-103-5501/91-484-2405822
Account Opening Process Motilal Oswal vs Geojit - Account Opening Process Online/Paperless Offline
Customer Support Email Motilal Oswal vs Geojit - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Motilal Oswal vs Geojit - Knowledge Center/Education https://edumo.motilaloswal.com/ https://insights.geojit.com/
Head Office Address Motilal Oswal vs Geojit - Head Office Address/Corporate Address 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 Motilal Oswal vs Geojit - Company Website https://www.motilaloswal.com/ https://www.geojit.com/
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Tips/Research/Reports Published

Compare Motilal Oswal vs Geojit on Research Reports, Tips

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

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

Compare Motilal Oswal vs Geojit on Demat Account

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

Compare Motilal Oswal vs Geojit on Special Offers and Promotion

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

Compare Motilal Oswal vs Geojit on Special Offers and Promotion
  Motilal Oswal Geojit
Pay In and Pay Out Options Motilal Oswal vs 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 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 Motilal Oswal vs Geojit - Payout Time Max 24 hrs except bank holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Motilal Oswal vs Geojit - 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...

  • 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

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