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

Motilal Oswal Vs Stoxkart: 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 Stoxkart ranges between Rs. 15 per order. Motilal Oswal is a Full Service Broker where Stoxkart 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 8,74,230 where number of active customer for Stoxkart is 22,084. Motilal Oswal is serving more customer compare to Stoxkart.

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

  Motilal Oswal Compare
Motilal Oswal
Stoxkart Compare
Stoxkart
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 22,084
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. Stoxkart is one of the fastest-growing online stockbrokers with the lowest brokerage trading at Rs. 15 per order, lifetime free delivery trading, zero brokerage on losses advantage, and new-age technologically advanced online trading platforms.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

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

Comparison of Motilal Oswal with Stoxkart on trading & demat account opening charges and AMC. Trading account opening charges - Motilal Oswal offer Free account opening where Stoxkart charges Equity+Commodity+Currency-500, Equity + Currency - Rs. 300, Commodity - Rs. 200 for account opening. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account where Stoxkart charges Rs. 300 AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal with Stoxkart
Charges Motilal Oswal Stoxkart
Trading Account Opening Fees Free Equity+Commodity+Currency-500, Equity + Currency - Rs. 300, Commodity - Rs. 200
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 per annum [Free for 1st year] Rs. 300
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Motilal Oswal vs Stoxkart on Plan Options

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

Compare Motilal Oswal with Stoxkart on Plan Options
Plan Types Motilal Oswal Stoxkart
Multiple Plans No Yes
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 Stoxkart 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.

Stoxkart Brokerage Plan detail - Stoxkart offers a discount brokerage plan offering free equity delivery, however, trading in other segments i.e. equity intraday, commodity, currency, etc. are charged at the flat brokerage of Rs. 15 per executed order.

Brokerage Charges - Compare Motilal Oswal with Stoxkart
Brokerage Charges Compare Motilal Oswal Stoxkart
Plan Name Default Brokerage Plan Flat Brokerage Plan - Rs. 15 per order
Equity Delivery 0.20% Free
Equity Intraday 0.02% Flat Fee Rs 15 per order
Equity Futures 0.02% Flat Fee Rs 15 per order
Equity Options Rs 20 per lot Flat Fee Rs 15 per order
Currency Futures Rs 20 per lot Flat Fee Rs 15 per order
Currency Options Rs 20 per lot Flat Fee Rs 15 per order
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot Flat Fee Rs 15 per order
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding Yes - 18% interest PA Yes
Call & Trade Charges NA Rs 20 Per Executable Order
Auto Square off Charges NA Rs 20 Per Executable Order
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Stoxkart
Expand

Share Broker's Transaction Charges

Compare Motilal Oswal vs Stoxkart on Transaction Charges

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

Transaction Charges - Compare Motilal Oswal with Stoxkart
Transaction Charges Compare Motilal Oswal Stoxkart
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 stoxkart
Expand

Account Features

Compare Motilal Oswal vs Stoxkart on Account Features

Compare Motilal Oswal with Stoxkart 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 Stoxkart
Account Features Compare Motilal Oswal Stoxkart
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
Intraday Square-off Time 3:15PM 3:20 PM
NRI Trading Yes Yes
Other Features NIL NIL
Expand

Trading Platform

Compare Motilal Oswal vs Stoxkart on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal and Stoxkart. 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 Stoxkart
Trading Platform Compare Motilal Oswal Stoxkart
Desktop Trading Platform Orion Lite
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 yes
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes No
Mobile Trading App MO Trader yes
Mobile Trading App Demo MO Trader Demo yes Demo
Android Mobile App Yes Yes
Android App Download Andriod MO Trader Download Andriod yes Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MO Trader Download iOS yes 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 Stoxkart
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Stoxkart
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Stoxkart
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for stoxkart

Expand

Broker Ratings by Users

Compare Motilal Oswal vs Stoxkart on User Rating

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

Investment Offerings

Compare Motilal Oswal vs Stoxkart on Investment Offerings

Compare Motilal Oswal with Stoxkart 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 Stoxkart doesn't offer

Investment Offerings - Compare Motilal Oswal with Stoxkart
Investment Offerings Compare Motilal Oswal Stoxkart
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
Expand

Order Types

Compare Motilal Oswal vs Stoxkart on Order Types

Order Type - Compare Motilal Oswal with Stoxkart 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 Stoxkart doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Motilal Oswal with Stoxkart
Order Type Compare Motilal Oswal Stoxkart
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
Expand

Customer Service Offered

Compare Motilal Oswal vs Stoxkart on Customer Service

Compare Motilal Oswal with Stoxkart 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 Stoxkart
Customer Service Compare Motilal Oswal Stoxkart
24/7 Customer Service Motilal Oswal vs Stoxkart - 24x7 customer support No Yes
Email Support Motilal Oswal vs Stoxkart - Email Support Yes Yes
Onine Live Chat Motilal Oswal vs Stoxkart - Onine Live Chat No Yes
Phone Support Motilal Oswal vs Stoxkart - Phone Support Yes Yes
Toll Free Number Motilal Oswal vs Stoxkart - Toll Free Number No Yes
Through Branches Motilal Oswal vs Stoxkart - Through Branches Yes Yes
Customer Care Number Motilal Oswal vs Stoxkart - Customer Care Number 022 40548000/022 67490600 1800 11 3331
Account Opening Process Motilal Oswal vs Stoxkart - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Motilal Oswal vs Stoxkart - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Motilal Oswal vs Stoxkart - Knowledge Center/Education https://edumo.motilaloswal.com/ https://www.stoxkart.com/learning-center.php
Head Office Address Motilal Oswal vs Stoxkart - Head Office Address/Corporate Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
  • Corporate Office


    Stoxkart discount brokerage,
    11/6B Shanti Chamber,
    Pusa Road,
    New Delhi - 110005,
    Tel. No. 1800 11 3331, 011-40820400, 71333666
Website Motilal Oswal vs Stoxkart - Company Website https://www.motilaloswal.com/ https://www.stoxkart.com/
Expand

Tips/Research/Reports Published

Compare Motilal Oswal vs Stoxkart on Research Reports, Tips

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

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

Demat Account

Compare Motilal Oswal vs Stoxkart on Demat Account

Compare Motilal Oswal with Stoxkart 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 Stoxkart is ₹300 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 Stoxkart is ₹10+CDSL charges ₹5.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 Stoxkart
  Motilal Oswal Stoxkart
DP Source CDSL CDSL
DP ID Motilal Oswal vs Stoxkart - DP ID 10900 19100
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹300 pa
Advance Deposit NIL AMC will be charged in advance.
Statutory charges Nil Stamp Paper Charges
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹10+CDSL charges ₹5
Demat ₹50 per certificate + ₹50 courier charges ₹150 per certificate
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹150 for every hundred securities + depositry charges
Pledge Creation ₹35 ₹20 per instruction+CDSL charges
Pledge Creation Confirmation Nil ₹20
Pledge Closure ₹35 ₹20
Pledge Closure Confirmation Nil ₹20
Pledge Invocation ₹35 ₹20
Failed Instruction Charges Nil ₹50 per instraction
Other Charges Nil DIS Book Charges ₹50 (5 leafs) Client Modification Charges ₹25 Additional Client master Charges ₹2 Additional Statemen ₹50 per request + courier charges .
Expand

Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Stoxkart on Special Offers and Promotion

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

Compare Motilal Oswal vs Stoxkart on Special Offers and Promotion
  Motilal Oswal Stoxkart
Pay In and Pay Out Options Motilal Oswal vs Stoxkart - 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 - UPI, Online Bank Transfer via IMPS,NEFT or RTGS.

Pay-out/Fund Withdrawal - Bank Transfer only

Payout Time Motilal Oswal vs Stoxkart - Payout Time Max 24 hrs except bank holidays.

Max 24 hrs except bank holidays

Bank Supported and Charges Motilal Oswal vs Stoxkart - Bank Supported and Charges Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. 22+ Banks
Bank Detail Info Not Available HDFC Bank
Account No. STXKARTclientcode
Branch: Surya Kiran Building, K.G. Marg, C.P.
IFSC Code: HDFC0000003
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...

  • Zero balance trading account.
  • No profit no brokerage.
  • Zero brokerage on delivery.
  • The cheapest brokerage of Rs. 15 per order.
  • Brokerage-free mutual fund investment.
  • User-friendly trading platforms across web, app, and desktop versions.
  • Apply for IPOs via UPI.
  • Earn a fixed payout of Rs. 400 for every referred friend.
  • Advance orders like bracket order, cover order, and aftermarket order.
  • NRI trading is available.
  • Become a partner with Stoxkart to earn lifetime income.
  • Stoxkart learning center for beginners to improve trading knowledge.

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...

  • It does not provide direct mutual funds.
  • You cannot place Good Till Triggered (GTT) order on Stoxkart.
  • It does not offer a 3-in-1 account opening facility.

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) No profit, No brokerage plan facilitates trader to pay a flat brokerage fee of Rs. 15 per order, only if you earn a profit otherwise, no brokerage charges levied.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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