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Motilal Oswal Vs MyValueTrade: 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 MyValueTrade ranges between Rs 10. Motilal Oswal is a Full Service Broker where MyValueTrade is a Discount Broker. Motilal Oswal is having overall higher rating compare to MyValueTrade. Motilal Oswal is rated 4 out of 5 where MyValueTrade is rated only 3.5 out of 5. Number of active customer for Motilal Oswal is 8,79,629 where number of active customer for MyValueTrade is . Motilal Oswal is serving more customer compare to MyValueTrade.

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

  Motilal Oswal Compare
Motilal Oswal
MyValueTrade Compare
MyValueTrade
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 8,79,629
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. On the surface, it is easy to understand what My Value Trade is trying to accomplish, being the dream broker. The homepage claims My Value Trade offers everything from simplified, unlimited and powerful discount Trading.
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 MyValueTrade on Trading & Demat Account Opening Charges

Comparison of Motilal Oswal with MyValueTrade on trading & demat account opening charges and AMC. Trading account opening charges - Motilal Oswal offer Free account opening where MyValueTrade charges Rs 555 for account opening. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account where MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal with MyValueTrade
Charges Motilal Oswal MyValueTrade
Trading Account Opening Fees Free Rs 555
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 per annum [Free for 1st year] Rs 400 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Motilal Oswal vs MyValueTrade on Plan Options

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

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

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Motilal Oswal vs MyValueTrade 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.

MyValueTrade Brokerage Plan detail - This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.

Brokerage Charges - Compare Motilal Oswal with MyValueTrade
Brokerage Charges Compare Motilal Oswal MyValueTrade
Plan Name Default Brokerage Plan Flat Fee Rs 10 Trading Plan
Equity Delivery 0.20% Flat Fee Rs 10
Equity Intraday 0.02% Flat Fee Rs 10
Equity Futures 0.02% Flat Fee 10 Rs
Equity Options Rs 20 per lot Flat Fee Rs 10
Currency Futures Rs 20 per lot Flat Fee 10 Rs
Currency Options Rs 20 per lot Flat Fee Rs 10
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot Flat Fee 10 Rs
Minimum Brokerage NIL Rs 10 or .01% whichever is lower
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges NA NA
Auto Square off Charges NA NA
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for MyValueTrade
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Share Broker's Transaction Charges

Compare Motilal Oswal vs MyValueTrade on Transaction Charges

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

Transaction Charges - Compare Motilal Oswal with MyValueTrade
Transaction Charges Compare Motilal Oswal MyValueTrade
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 my-value-trade
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Account Features

Compare Motilal Oswal vs MyValueTrade on Account Features

Compare Motilal Oswal with MyValueTrade 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 - MyValueTrade 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 MyValueTrade doesn't offers NRI Trading.

Account Features - Motilal Oswal with MyValueTrade
Account Features Compare Motilal Oswal MyValueTrade
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 Yes
Online Demo Yes Yes
Online Portfolio Yes No
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 No
Other Features NIL NIL
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Trading Platform

Compare Motilal Oswal vs MyValueTrade on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal and MyValueTrade. 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 MyValueTrade
Trading Platform Compare Motilal Oswal MyValueTrade
Desktop Trading Platform Orion Lite MVT Trade
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://direct.mastermarts.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App MO Trader MVT Mobile
Mobile Trading App Demo MO Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MO Trader Download Andriod MVT Mobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS MO Trader Download iOS MVT Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for MyValueTrade
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for MyValueTrade
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for MyValueTrade
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for my-value-trade

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Broker Ratings by Users

Compare Motilal Oswal vs MyValueTrade on User Rating

  Motilal Oswal MyValueTrade
  57 Customer Reviews    Rate Motilal Oswal 10 Customer Reviews    Rate MyValueTrade
Fees Ratings 3.2 3.7
Trading Brokerage Rating 2.6 4.0
Trading Platform Usability 3.2 3.4
Customer Service Ratings 3.0 3.4
Overall Ratings 3.0 3.4
Broker Rating Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews
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Investment Offerings

Compare Motilal Oswal vs MyValueTrade on Investment Offerings

Compare Motilal Oswal with MyValueTrade 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 MyValueTrade doesn't offer. Portfolio Management Services (PMS) - Motilal Oswal provide PMS Service where MyValueTrade doesn't offer

Investment Offerings - Compare Motilal Oswal with MyValueTrade
Investment Offerings Compare Motilal Oswal MyValueTrade
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
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 No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Motilal Oswal vs MyValueTrade on Order Types

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

Order Types - Compare Motilal Oswal with MyValueTrade
Order Type Compare Motilal Oswal MyValueTrade
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 No
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Customer Service Offered

Compare Motilal Oswal vs MyValueTrade on Customer Service

Compare Motilal Oswal with MyValueTrade 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 MyValueTrade
Customer Service Compare Motilal Oswal MyValueTrade
24/7 Customer Service Motilal Oswal vs MyValueTrade - 24x7 customer support No No
Email Support Motilal Oswal vs MyValueTrade - Email Support Yes Yes
Onine Live Chat Motilal Oswal vs MyValueTrade - Onine Live Chat No Yes
Phone Support Motilal Oswal vs MyValueTrade - Phone Support Yes Yes
Toll Free Number Motilal Oswal vs MyValueTrade - Toll Free Number No No
Through Branches Motilal Oswal vs MyValueTrade - Through Branches Yes No
Customer Care Number Motilal Oswal vs MyValueTrade - Customer Care Number 022 40548000/022 67490600 Info Not Available
Account Opening Process Motilal Oswal vs MyValueTrade - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Motilal Oswal vs MyValueTrade - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Motilal Oswal vs MyValueTrade - Knowledge Center/Education https://edumo.motilaloswal.com/ Info Not Available
Head Office Address Motilal Oswal vs MyValueTrade - Head Office Address/Corporate Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Info Not Available
Website Motilal Oswal vs MyValueTrade - Company Website https://www.motilaloswal.com/ Info Not Available
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Tips/Research/Reports Published

Compare Motilal Oswal vs MyValueTrade on Research Reports, Tips

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

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

Compare Motilal Oswal vs MyValueTrade on Demat Account

Compare Motilal Oswal with MyValueTrade 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 MyValueTrade is ₹300 pa (Second year onwards) 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 MyValueTrade is ₹15.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 MyValueTrade
  Motilal Oswal MyValueTrade
DP Source CDSL NSDL
DP ID Motilal Oswal vs MyValueTrade - DP ID 10900 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹300 pa (Second year onwards)
Advance Deposit NIL Rs. 2000/-in advance of which Rs. 1000/- is refundanble/ adjusted on closure of A/c and/or change of scheme after one year from the date of A/c opening for Scheme A
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹15
Demat ₹50 per certificate + ₹50 courier charges ₹3 per certificate + ₹20 per DFR
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹35 ₹50 per transaction
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹35 ₹25 per transaction
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹35 ₹25 per transaction
Failed Instruction Charges Nil ₹20
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs MyValueTrade on Special Offers and Promotion

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

Compare Motilal Oswal vs MyValueTrade on Special Offers and Promotion
  Motilal Oswal MyValueTrade
Pay In and Pay Out Options Motilal Oswal vs MyValueTrade - 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
Info Not Available
Payout Time Motilal Oswal vs MyValueTrade - Payout Time Max 24 hrs except bank holidays. Info Not Available
Bank Supported and Charges Motilal Oswal vs MyValueTrade - 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...

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...

doesn't provide tips and recommendation; doesn't offer automated trading to its clients.

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