FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Motilal Oswal Vs Dhan: 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 Dhan ranges between Rs 20. Motilal Oswal is a Full Service Broker where Dhan is a Discount Broker. Motilal Oswal is having overall higher rating compare to Dhan. Motilal Oswal is rated 4 out of 5 where Dhan is rated only 3 out of 5. Number of active customer for Motilal Oswal is 8,74,230 where number of active customer for Dhan is 4,34,798. Motilal Oswal is serving more customer compare to Dhan.

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

  Motilal Oswal Compare
Motilal Oswal
Dhan Compare
Dhan
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
Active Clients 8,74,230 4,34,798
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 Dhan Demat and trading account and start trading at just Rs 20 brokerage on the lightning and superfast Dhan App, web, and Options Trader platform. It is the first broker to provide a dedicated options trading platform and allow Direct tr...Know more about Dhan
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

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

Comparison of Motilal Oswal with Dhan on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Dhan 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 Dhan
Charges Motilal Oswal Dhan
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
Expand

About Brokerage Plans

Compare Motilal Oswal vs Dhan on Plan Options

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

Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Motilal Oswal vs Dhan 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.

Dhan Brokerage Plan detail - Dhan has a fixed Rs 20 brokerage plan that charges you a maximum of Rs 20 per order brokerage fee on trading in equity, derivatives, commodity, and currency. However, it provides free equity delivery at zero charges.

Brokerage Charges - Compare Motilal Oswal with Dhan
Brokerage Charges Compare Motilal Oswal Dhan
Plan Name Default Brokerage Plan Dhan Brokerage Plan
Equity Delivery 0.20% Free
Equity Intraday 0.02% 0.03% or Rs 20 whichever is lower
Equity Futures 0.02% 0.03% or Rs 20 whichever is lower
Equity Options Rs 20 per lot Flat Fee Rs 20
Currency Futures Rs 20 per lot 0.03% or Rs 20 whichever is lower
Currency Options Rs 20 per lot Flat Fee Rs 20
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot Flat Fee Rs 20
Minimum Brokerage NIL No
Hidden Charges No No
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges NA Rs 50 per order + GST
Auto Square off Charges NA Rs 20 per order + GST
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Dhan
Expand

Share Broker's Transaction Charges

Compare Motilal Oswal vs Dhan on Transaction Charges

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

Transaction Charges - Compare Motilal Oswal with Dhan
Transaction Charges Compare Motilal Oswal Dhan
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 NA
Brokerage Charges Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for dhan
Expand

Account Features

Compare Motilal Oswal vs Dhan on Account Features

Compare Motilal Oswal with Dhan 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 - Dhan offers Algo Trading where Motilal Oswal doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Motilal Oswal offers NRI where Dhan doesn't offers NRI Trading.

Account Features - Motilal Oswal with Dhan
Account Features Compare Motilal Oswal Dhan
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 Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:20 PM
NRI Trading Yes No
Other Features NIL NIL
Expand

Trading Platform

Compare Motilal Oswal vs Dhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal and Dhan. 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 Dhan
Trading Platform Compare Motilal Oswal Dhan
Desktop Trading Platform Orion Lite Dhan App, Web, Options Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://power.motilaloswal.com/MOSL/userMaster/login https://web.dhan.co/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App MO Trader Dhan App
Mobile Trading App Demo MO Trader Demo Dhan App Demo
Android Mobile App Yes Yes
Android App Download Andriod MO Trader Download Andriod Dhan App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MO Trader Download iOS Dhan App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Dhan
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Dhan
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Dhan
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for dhan

Expand

Broker Ratings by Users

Compare Motilal Oswal vs Dhan on User Rating

  Motilal Oswal Dhan
  57 Customer Reviews    Rate Motilal Oswal 12 Customer Reviews    Rate Dhan
Fees Ratings 3.2 2.8
Trading Brokerage Rating 2.6 3.6
Trading Platform Usability 3.2 3.2
Customer Service Ratings 3.0 2.8
Overall Ratings 3.0 3.3
Broker Rating Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews Dhan is Rated 3.3 / 5 based on 12 customer reviews
Expand

Investment Offerings

Compare Motilal Oswal vs Dhan on Investment Offerings

Compare Motilal Oswal with Dhan 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 - Motilal Oswal offers online mutual fund investment option where Dhan doesn't offer. Portfolio Management Services (PMS) - Motilal Oswal provide PMS Service where Dhan doesn't offer

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

Order Types

Compare Motilal Oswal vs Dhan on Order Types

Order Type - Compare Motilal Oswal with Dhan 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- 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 Dhan
Order Type Compare Motilal Oswal Dhan
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 Yes
Expand

Customer Service Offered

Compare Motilal Oswal vs Dhan on Customer Service

Compare Motilal Oswal with Dhan 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 Dhan
Customer Service Compare Motilal Oswal Dhan
24/7 Customer Service Motilal Oswal vs Dhan - 24x7 customer support No No
Email Support Motilal Oswal vs Dhan - Email Support Yes Yes
Onine Live Chat Motilal Oswal vs Dhan - Onine Live Chat No Yes
Phone Support Motilal Oswal vs Dhan - Phone Support Yes Yes
Toll Free Number Motilal Oswal vs Dhan - Toll Free Number No No
Through Branches Motilal Oswal vs Dhan - Through Branches Yes No
Customer Care Number Motilal Oswal vs Dhan - Customer Care Number 022 40548000/022 67490600 022-48906273
Account Opening Process Motilal Oswal vs Dhan - Account Opening Process Online/Paperless Zero
Customer Support Email Motilal Oswal vs Dhan - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Motilal Oswal vs Dhan - Knowledge Center/Education https://edumo.motilaloswal.com/ https://knowledge.dhan.co/support/home
Head Office Address Motilal Oswal vs Dhan - Head Office Address/Corporate Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025

302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Website Motilal Oswal vs Dhan - Company Website https://www.motilaloswal.com/ https://dhan.co/
Expand

Tips/Research/Reports Published

Compare Motilal Oswal vs Dhan on Research Reports, Tips

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

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

Demat Account

Compare Motilal Oswal vs Dhan on Demat Account

Compare Motilal Oswal with Dhan 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 Dhan is Zero 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 Dhan is ₹12.5 per 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 Dhan
  Motilal Oswal Dhan
DP Source CDSL CDSL
DP ID Motilal Oswal vs Dhan - DP ID 10900 289-2016
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Zero
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 per transaction
Demat ₹50 per certificate + ₹50 courier charges ₹250 per certificate + courier charges
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹250 per certificate + courier charges
Pledge Creation ₹35 ₹12.5 per transaction
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹35 ₹12.5 per transaction
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹35 ₹12.5 per transaction
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Dhan on Special Offers and Promotion

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

Compare Motilal Oswal vs Dhan on Special Offers and Promotion
  Motilal Oswal Dhan
Pay In and Pay Out Options Motilal Oswal vs Dhan - 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
UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS
Payout Time Motilal Oswal vs Dhan - Payout Time Max 24 hrs except bank holidays. Fast withdrawal with IMPS, NEFT Withdrawal
Bank Supported and Charges Motilal Oswal vs Dhan - Bank Supported and Charges Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms.
Bank Detail 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...

  • No account opening fees.
  • No brokerage fees for investing in stocks, IPO, and ETF.
  • Rs 20 competitive brokerage plan.
  • TradingView charting platform.
  • Lightning, fast, and user-friendly Dhan app and web platform.
  • Powerful options trader app and web platform for F&O traders.
  • Instant withdrawal of funds to your bank account in just a few minutes.
  • Margin trading facility.
  • Start daily, weekly and monthly SIP in stocks and ETFs.
  • After-market order (AMO), Basket order, Bracket order (BO), Cover order (CO) and Forever order.
  • 50% brokerage discount to women traders and investors.

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...

  • You cannot invest in mutual funds and sovereign gold bonds.
  • No installable trading terminal.
  • High fees for call & trade services.
  • Does not offer stock market trading tips, equity research & advisory.
  • You cannot open a 3-in-1 account in Dhan.
  • NRIs cannot open Dhan trading and demat accounts.

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)
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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