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

Motilal Oswal Vs Kotak Securities: 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 Kotak Securities ranges between Rs. 20 per order. 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 Kotak Securities is 11,79,674 where number of active customer for Motilal Oswal is 8,74,230. Kotak Securities is serving more customer compare to Motilal Oswal.

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

  Motilal Oswal Compare
Motilal Oswal
Kotak Securities Compare
Kotak Securities
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 11,79,674
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. Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert...Know more about Kotak Securities
Broker Enquiry Request call back from Zerodha Request call back from Kotak Securities
Expand

Account Opening Charges and AMC

Compare Motilal Oswal vs Kotak Securities on Trading & Demat Account Opening Charges

Comparison of Motilal Oswal with Kotak Securities on trading & demat account opening charges and AMC. Trading account opening charges - Motilal Oswal offer Free account opening where Kotak Securities charges Rs 99 for account opening. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account where Kotak Securities charges Rs 600 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal with Kotak Securities
Charges Motilal Oswal Kotak Securities
Trading Account Opening Fees Free Rs 99
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 per annum [Free for 1st year] Rs 600 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Motilal Oswal vs Kotak Securities on Plan Options

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

Compare Motilal Oswal with Kotak Securities on Plan Options
Plan Types Motilal Oswal Kotak Securities
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Zerodha Kotak Securities
Account Opening Request
Expand

Brokerage Charges

Compare Motilal Oswal vs Kotak Securities 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.

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

Brokerage Charges - Compare Motilal Oswal with Kotak Securities
Brokerage Charges Compare Motilal Oswal Kotak Securities
Plan Name Default Brokerage Plan Kotak Securities Trade Free Plan
Equity Delivery 0.20% 0.25%
Equity Intraday 0.02% Free
Equity Futures 0.02% Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Equity Options Rs 20 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Free
Currency Futures Rs 20 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Currency Options Rs 20 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Minimum Brokerage NIL Rs 21 per executed order
Hidden Charges No No
Funding Yes - 18% interest PA 12.49% interest PA
Call & Trade Charges NA 20 calls free and after that Rs 20 per call
Auto Square off Charges NA 20 calls free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Kotak Securities
Expand

Share Broker's Transaction Charges

Compare Motilal Oswal vs Kotak Securities on Transaction Charges

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

Transaction Charges - Compare Motilal Oswal with Kotak Securities
Transaction Charges Compare Motilal Oswal Kotak Securities
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 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for kotak-securities
Expand

Account Features

Compare Motilal Oswal vs Kotak Securities on Account Features

Compare Motilal Oswal with Kotak Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities 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 - 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 Kotak Securities
Account Features Compare Motilal Oswal Kotak Securities
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 Yes
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 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
Expand

Trading Platform

Compare Motilal Oswal vs Kotak Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal and Kotak Securities. 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 Kotak Securities
Trading Platform Compare Motilal Oswal Kotak Securities
Desktop Trading Platform Orion Lite Neo
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://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App MO Trader Kotak Neo
Mobile Trading App Demo MO Trader Demo Kotak Neo Demo
Android Mobile App Yes Yes
Android App Download Andriod MO Trader Download Andriod Kotak Neo Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MO Trader Download iOS Kotak Neo 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 Kotak Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Kotak Securities
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Kotak Securities
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for kotak-securities

Expand

Broker Ratings by Users

Compare Motilal Oswal vs Kotak Securities on User Rating

  Motilal Oswal Kotak Securities
  57 Customer Reviews    Rate Motilal Oswal 82 Customer Reviews    Rate Kotak Securities
Fees Ratings 3.2 2.6
Trading Brokerage Rating 2.6 2.7
Trading Platform Usability 3.2 3.2
Customer Service Ratings 3.0 3.1
Overall Ratings 3.0 2.8
Broker Rating Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews
Expand

Investment Offerings

Compare Motilal Oswal vs Kotak Securities on Investment Offerings

Compare Motilal Oswal with Kotak Securities 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 Kotak Securities
Investment Offerings Compare Motilal Oswal Kotak Securities
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 Yes
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service Yes Yes
Other Investment Options NIL NIL
Expand

Order Types

Compare Motilal Oswal vs Kotak Securities on Order Types

Order Type - Compare Motilal Oswal with Kotak Securities 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 Kotak Securities
Order Type Compare Motilal Oswal Kotak Securities
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 Kotak Securities on Customer Service

Compare Motilal Oswal with Kotak Securities 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 Kotak Securities
Customer Service Compare Motilal Oswal Kotak Securities
24/7 Customer Service Motilal Oswal vs Kotak Securities - 24x7 customer support No No
Email Support Motilal Oswal vs Kotak Securities - Email Support Yes Yes
Onine Live Chat Motilal Oswal vs Kotak Securities - Onine Live Chat No Yes
Phone Support Motilal Oswal vs Kotak Securities - Phone Support Yes Yes
Toll Free Number Motilal Oswal vs Kotak Securities - Toll Free Number No Yes
Through Branches Motilal Oswal vs Kotak Securities - Through Branches Yes Yes
Customer Care Number Motilal Oswal vs Kotak Securities - Customer Care Number 022 40548000/022 67490600 1800 209 9191
Account Opening Process Motilal Oswal vs Kotak Securities - Account Opening Process Online/Paperless Online
Customer Support Email Motilal Oswal vs Kotak Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Motilal Oswal vs Kotak Securities - Knowledge Center/Education https://edumo.motilaloswal.com/ https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank
Head Office Address Motilal Oswal vs Kotak Securities - Head Office Address/Corporate Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Website Motilal Oswal vs Kotak Securities - Company Website https://www.motilaloswal.com/ https://www.kotaksecurities.com
Expand

Tips/Research/Reports Published

Compare Motilal Oswal vs Kotak Securities on Research Reports, Tips

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

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

Demat Account

Compare Motilal Oswal vs Kotak Securities on Demat Account

Compare Motilal Oswal with Kotak Securities 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 Kotak Securities is ₹780 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 Kotak Securities is 0.04% (Min ₹27) + 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 Kotak Securities
  Motilal Oswal Kotak Securities
DP Source CDSL CDSL
DP ID Motilal Oswal vs Kotak Securities - DP ID 10900 49200
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹780 pa
Advance Deposit NIL NA
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.04% (Min ₹27) + CDSL charges
Demat ₹50 per certificate + ₹50 courier charges ₹3 per certificate + ₹50 courier charges
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹10 for every hundred securities (Min ₹15)
Pledge Creation ₹35 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Closure ₹35 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Invocation ₹35 0.05% of transaction value (Min ₹30)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Kotak Securities on Special Offers and Promotion

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

Compare Motilal Oswal vs Kotak Securities on Special Offers and Promotion
  Motilal Oswal Kotak Securities
Pay In and Pay Out Options Motilal Oswal vs Kotak Securities - 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 from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Motilal Oswal vs Kotak Securities - Payout Time Max 24 hrs except bank holidays. Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank.
Bank Supported and Charges Motilal Oswal vs Kotak Securities - Bank Supported and Charges Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank
Bank Detail Info Not Available Direct from your Kotak Mahindra bank account.
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...

  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

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...

  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

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 Kotak Securities Account Now>>

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