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Motilal Oswal Vs Finvasia: 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 Finvasia ranges between Rs 0. Motilal Oswal is a Full Service Broker where Finvasia is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Motilal Oswal is 8,79,629 where number of active customer for Finvasia is 1,13,306. Motilal Oswal is serving more customer compare to Finvasia.

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

  Motilal Oswal Compare
Motilal Oswal
Finvasia Compare
Finvasia
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 BSE, NSE, MCX, NCDEX
Active Clients 8,79,629 1,13,306
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. 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...Know more about Finvasia
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 Finvasia on Trading & Demat Account Opening Charges

Comparison of Motilal Oswal with Finvasia on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Finvasia offer Free AMC for Demat account where Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal with Finvasia
Charges Motilal Oswal Finvasia
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] Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Motilal Oswal vs Finvasia on Plan Options

Plans are the most important feature you look when compare Motilal Oswal with Finvasia. 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 Finvasia on Plan Options
Plan Types Motilal Oswal Finvasia
Multiple Plans No No
Monthly Plans No No
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 Finvasia 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.

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

Brokerage Charges - Compare Motilal Oswal with Finvasia
Brokerage Charges Compare Motilal Oswal Finvasia
Plan Name Default Brokerage Plan Zero Brokerage Trading Plan
Equity Delivery 0.20% Rs 0
Equity Intraday 0.02% Rs 0
Equity Futures 0.02% Rs 0
Equity Options Rs 20 per lot Rs 0
Currency Futures Rs 20 per lot Rs 0
Currency Options Rs 20 per lot Rs 0
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot Rs 0
Minimum Brokerage NIL NA
Hidden Charges No No
Funding Yes - 18% interest PA Yes, 24% interest PA
Call & Trade Charges NA Free
Auto Square off Charges NA Free
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Finvasia
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Share Broker's Transaction Charges

Compare Motilal Oswal vs Finvasia on Transaction Charges

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

Transaction Charges - Compare Motilal Oswal with Finvasia
Transaction Charges Compare Motilal Oswal Finvasia
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 finvasia
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Account Features

Compare Motilal Oswal vs Finvasia on Account Features

Compare Motilal Oswal with Finvasia 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 - Finvasia offers Algo Trading where Motilal Oswal doesn't offers Algo Trading. Margin Funding - Motilal Oswal offers a margin funding where Finvasia doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Motilal Oswal with Finvasia
Account Features Compare Motilal Oswal Finvasia
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 Yes
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 Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Motilal Oswal vs Finvasia on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal and Finvasia. 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 Finvasia
Trading Platform Compare Motilal Oswal Finvasia
Desktop Trading Platform Orion Lite OMNESYS NEST
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 https://trade.finvasia.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App MO Trader SCALPERT
Mobile Trading App Demo MO Trader Demo SCALPERT Demo
Android Mobile App Yes Yes
Android App Download Andriod MO Trader Download Andriod SCALPERT Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS MO Trader Download Info Not Available
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Basic platforms are free, advance platforms are chargeable.
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Finvasia
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Finvasia
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Finvasia
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for finvasia

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Broker Ratings by Users

Compare Motilal Oswal vs Finvasia on User Rating

  Motilal Oswal Finvasia
  57 Customer Reviews    Rate Motilal Oswal 17 Customer Reviews    Rate Finvasia
Fees Ratings 3.2 4.3
Trading Brokerage Rating 2.6 4.6
Trading Platform Usability 3.2 4.0
Customer Service Ratings 3.0 3.5
Overall Ratings 3.0 4.2
Broker Rating Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews
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Investment Offerings

Compare Motilal Oswal vs Finvasia on Investment Offerings

Compare Motilal Oswal with 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 - 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 Finvasia doesn't offer

Investment Offerings - Compare Motilal Oswal with Finvasia
Investment Offerings Compare Motilal Oswal Finvasia
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
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 Finvasia on Order Types

Order Type - Compare Motilal Oswal with Finvasia 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) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear 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 a 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- Motilal Oswal offers Good Till Cancelled (GTC) orders where Finvasia doesn't support Good Till Cancelled (GTC) orders.

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

Compare Motilal Oswal vs Finvasia on Customer Service

Compare Motilal Oswal with Finvasia 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 Finvasia
Customer Service Compare Motilal Oswal Finvasia
24/7 Customer Service Motilal Oswal vs Finvasia - 24x7 customer support No No
Email Support Motilal Oswal vs Finvasia - Email Support Yes Yes
Onine Live Chat Motilal Oswal vs Finvasia - Onine Live Chat No Yes
Phone Support Motilal Oswal vs Finvasia - Phone Support Yes Yes
Toll Free Number Motilal Oswal vs Finvasia - Toll Free Number No No
Through Branches Motilal Oswal vs Finvasia - Through Branches Yes No
Customer Care Number Motilal Oswal vs Finvasia - Customer Care Number 022 40548000/022 67490600 Support: +91 9779 097 777/Sales: +91 9098 001 001
Account Opening Process Motilal Oswal vs Finvasia - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Motilal Oswal vs Finvasia - Customer Support Email [email protected] [email protected]/[email protected]
Knowledge Center/Education Motilal Oswal vs Finvasia - Knowledge Center/Education https://edumo.motilaloswal.com/ https://finvasia.com/announcements
Head Office Address Motilal Oswal vs Finvasia - Head Office Address/Corporate Address 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 Motilal Oswal vs Finvasia - Company Website https://www.motilaloswal.com/ https://www.finvasia.com/
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Tips/Research/Reports Published

Compare Motilal Oswal vs Finvasia on Research Reports, Tips

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

Research Reports - Compare Motilal Oswal with Finvasia
  Motilal Oswal Finvasia
Research Mutual Funds Motilal Oswal vs Finvasia - Research Mutual Funds Yes No
Research Equity Reports Motilal Oswal vs Finvasia - Research Equity Reports Yes No
Research ETF Motilal Oswal vs Finvasia - Research ETF Yes No
Daily Market Report Motilal Oswal vs Finvasia - Daily Market Report Yes No
Free Tips Motilal Oswal vs Finvasia - Free Tips Yes No
Quarterly Result Analysis Motilal Oswal vs Finvasia - Quarterly Results Yes No
News Alerts Motilal Oswal vs Finvasia - Yes No
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Demat Account

Compare Motilal Oswal vs Finvasia on Demat Account

Compare Motilal Oswal with Finvasia 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 Finvasia is Free where for Motilal Oswal is ₹400 pa. Finvasia is a better choice in terms of Demat AMC compare to Motilal Oswal.

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 Finvasia is ₹9 + ₹5.50 (CDSL Charges) for every transaction.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 Finvasia
  Motilal Oswal Finvasia
DP Source CDSL CDSL
DP ID Motilal Oswal vs Finvasia - DP ID 10900 84300
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Free
Advance Deposit NIL Rs 0
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹9 + ₹5.50 (CDSL Charges) for every transaction
Demat ₹50 per certificate + ₹50 courier charges ₹15 per certificate
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹15 for every hundred securities + CDSL Charges
Pledge Creation ₹35 ₹25 per transaction
Pledge Creation Confirmation Nil NIL
Pledge Closure ₹35 ₹25 per transaction
Pledge Closure Confirmation Nil NIL
Pledge Invocation ₹35 ₹19 per transaction
Failed Instruction Charges Nil ₹49
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Finvasia on Special Offers and Promotion

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

Compare Motilal Oswal vs Finvasia on Special Offers and Promotion
  Motilal Oswal Finvasia
Pay In and Pay Out Options Motilal Oswal vs Finvasia - 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 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 Motilal Oswal vs Finvasia - Payout Time Max 24 hrs except bank holidays. Up to 24 hrs except for bank holidays.
Bank Supported and Charges Motilal Oswal vs Finvasia - Bank Supported and Charges 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 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
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...

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;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

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...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

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) Free Account Opening+Free Demat AMC+Free Trading.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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