The brokerage of ICICI Securities Pvt Ltd. ranges between 0.05 to .55% while the brokerage of Motilal Oswal Securities Ltd ranges between .05 to .5%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5.
Here we present 1 on 1 comparison of ICICI Securities Pvt Ltd. vs Motilal Oswal Securities Ltd share brokers in India. The comparison is based on more than 50 attributes for clear decision making.To be precise, we have compared ICICIDirect vs Motilal Oswal's on brokerage plans,Plan types,customer service, maintenance fees, tools, rating, reviews,trading features, margin/leverage, demat account and investment options provided to Indian financial market.This will help you in make up your mind and clear things for you so that you can choose the best broker for youself.
 ICICI Securities Pvt Ltd. |
 Motilal Oswal Securities Ltd |
|
|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
|
Full Service Broker | Full Service Broker |
| Exchanges Supported
|
BSE, NSE | BSE, NSE, MCX, NCDEX |
| Broker Overview | ICICI Direct, pioneering online trading platform of ICICI Securities, charges more than its competitors,but delivers with a fantastic platform and innovative offering and strong customer service. With these attributes, the company earns its No. 1 ove...  |
Motilal Oswal is the well- established and big player in stock broker's field. From advisory services to research, active trading, customer service, ease of use and more, Motilal Oswal understands what it means to provide a high-quality offering. Mot... |
| Broker Enquiry |
|
|
| ICICI Securities Pvt Ltd. | Motilal Oswal Securities Ltd | |
|---|---|---|
| Trading Account Opening Fees
|
Free | Rs 600 |
| Trading AMC
|
Free | Free |
| Demat Account Opening Fees
|
Free | Free |
| Demat AMC
|
Rs 600 PA (Waived for 1st year) | Rs 400 PA |
| Provide DP Service
|
 |
|
| ICICI Securities Pvt Ltd. | Motilal Oswal Securities Ltd | |
|---|---|---|
| Multiple Plans
|
|
|
| Monthly Plans
|
 |
|
| Yearly Plans
|
|
|
| ICICI Securities Pvt Ltd. | Motilal Oswal Securities Ltd | |
|---|---|---|
| Contact / Request Call Back |
| ICICI Securities Pvt Ltd. | Motilal Oswal Securities Ltd | |
|---|---|---|
| Plan Name
|
I-Secure Plan (Percentage Based) | Value Plan (Percentage Based) |
| Plan Description
|
This is an ICICIDirect fixed brokerage plan irrespective of turnover volume best suited for casual traders. | This Plan works on the Principle that you have to deposit the Upfront Fee for particular time Frame to avail Brokerage Rates accordingly. The Upfront Fee starts from Rs 2500 for one month to Rs 2500 or Rs 5000 for 3 months, 25,000 for 6 months or Rs 50,000 for 12 months. |
| Equity Delivery
|
0.55% or 55 paisa | 0.5% or 50 paisa |
| Equity Intraday
|
0.03% or 3 paisa | 0.05% or 5 paisa |
| Equity Futures
|
0.05% or 5 paisa | 0.05% or 5 paisa |
| Equity Options
|
Rs 95 Per Lot | Rs 70 Per Lot |
| Currency Futures
|
0.05% or 5 paisa | 0.05% or 5 paisa |
| Currency Options
|
Rs 25 Per Lot | Rs 70 Per Lot |
| Commodity Trading
|
NA | 0.05% or 5 paisa |
| Minimum Brokerage
|
Rs 35 per trade | |
| Hidden Charges
|
Yes | No |
| Funding
|
Yes - 18% interest PA | Yes - 18% interest PA |
| Call & Trade Charges
|
First 20 call free and Rs 25 there onwards. | Info Not Available |
| Brokerage Calculator | Brokerage Calculator for ICICI Securities Pvt Ltd. | Brokerage Calculator for Motilal Oswal Securities Ltd |
| SPAN Margin Calculator | SPAN Margin Calculator for ICICI Securities Pvt Ltd. | SPAN Margin Calculator for Motilal Oswal Securities Ltd |
| ICICI Securities Pvt Ltd. | Motilal Oswal Securities Ltd | |
|---|---|---|
| Equity Delivery
|
Rs 325 Per Cr | Rs 325 Per Cr |
| Equity Intraday
|
Rs 325 Per Cr | Rs 325 Per Cr |
| Equity Futures
|
Rs 190 Per Cr | Rs 190 Per Cr |
| Equity Options
|
Rs 5000 Per Cr | Rs 5000 Per Cr |
| Currency Futures
|
Rs 100 Per Cr | Rs 110 Per Cr |
| Currency Options
|
Rs 4000 Per Cr | Rs 4000 Per Cr |
| Commodity
|
NA | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for icicidirect | Complete Brokerage Plans for motilal-oswal |
| ICICI Securities Pvt Ltd. | Motilal Oswal Securities Ltd | |
|---|---|---|
| 3 in 1 Account
|
|
|
| Charting
|
|
|
| Algo Trading
|
|
|
| SMS Alerts
|
|
|
| Online Demo
|
|
|
| Online Portfolio
|
|
|
| Margin Trading Funding Available
|
|
|
| Combined Ledger for Equity and Commodity
|
|
|
| Intraday Square-off Time
|
3:15PM | 3:15PM |
| NRI Trading
|
|
|
| Other Features
|
| ICICI Securities Pvt Ltd. | Motilal Oswal Securities Ltd | |
|---|---|---|
264 Customer Reviews  |
52 Customer Reviews |
|
| Fees Ratings |  |
 |
| Trading Brokerage Rating |  |
 |
| Trading Platform Usability | |
|
| Customer Service Ratings |  |
 |
| Overall Ratings |  |
|
| Broker Rating | ICICIDirect is Rated 2.5 / 5 based on 264 customer reviews | Motilal Oswal is Rated 3.0 / 5 based on 52 customer reviews |
| ICICI Securities Pvt Ltd. | Motilal Oswal Securities Ltd | |
|---|---|---|
| Equity Cash and F&O
|
|
|
| Currency Deravitives
|
|
|
| Commodity
|
|
|
| Online IPO Application
|
|
|
| Mutual Funds
|
|
|
| Bond / NCD
|
|
|
| ETF
|
|
|
| Banking
|
|
|
| Insurance
|
|
|
| Forex
|
|
|
| MF SIP Investment
|
|
|
| Equity SIP Investment
|
|
|
| PMS Service
|
|
|
| Algo Trading
|
|
|
| Other Investment Options
|
| ICICI Securities Pvt Ltd. | Motilal Oswal Securities Ltd | |
|---|---|---|
| CNC Ordre
|
|
|
| MIS Ordre
|
|
|
| NRML Ordre
|
|
|
| Cover Ordre
|
|
|
| Bracket Ordre
|
|
|
| AMO-After Market Orders
|
|
|
| GTC-Good Till Cancelled
|
|
|
| ICICI Securities Pvt Ltd. | Motilal Oswal Securities Ltd | |
|---|---|---|
| Equity Delivery Margin
|
No Delivery margin. | Up to 4x leverage for equity delivery - via Margin Funding. |
| Equity Intraday Margin
|
Upto 5x leverage for equity. | Up to 20x leverage for equity Intraday. |
| Futures Margin
|
Upto 2x leverage for futures. | Up to 3x leverage for equity futures (of Required Margin). |
| Options Margin
|
Upto 2x margin for Options shorting, No leverage for option buying. | NO leverage for options shorting and option buying. |
| Equity CO Margin
|
Upto 25x margin/leverage in CO order for selected equity scripts. | NO exposure. |
| Futures CO Margin
|
Upto 25x margin/leverage in CO order for Futures contracts. | Up to 3x margin/leverage (of Required Margin) in CO order for future contracts. |
| Options CO Margin
|
Upto 25x margin/leverage in CO order for options contracts sell only. | NO leverage for options shorting and option buying. |
| Commodity Margin
|
Info Not Available | Up to 3x MIS Margin of SPAN, Complete SPAN is required for carry forward positions, 5x exposure on value+ product. |
| ICICI Securities Pvt Ltd. | Motilal Oswal Securities Ltd | |
|---|---|---|
| 24/7 Customer Service
|
|
|
| Email Support
|
|
|
| Onine Live Chat
|
|
|
| Phone Support
|
|
|
| Toll Free Number
|
|
|
| Through Branches
|
|
|
| Customer Care Number
|
33551122 | 91-22-39982515 / 67490600 |
| Account Opening Process
|
Offline | Paperless |
| Customer Support Email
|
[email protected] | [email protected] |
| Knowledge Center/Education
|
http://content.icicidirect.com/indexfaq.asp | https://www.motilaloswal.com/faq.aspx |
| Head Office Address
|
ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai – 400020 |
Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025 |
| Website
|
https://www.icicidirect.com | www.motilaloswal.com |
| ICICI Securities Pvt Ltd. | Motilal Oswal Securities Ltd | |
|---|---|---|
| Research Mutual Funds
|
|
|
| Research Equity Reports
|
|
|
| Research ETF
|
|
|
| Daily Market Report
|
|
|
| Free Tips
|
|
|
| Quarterly Result Analysis
|
|
|
| News Alerts
|
|
|
| ICICI Securities Pvt Ltd. | Motilal Oswal Securities Ltd | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
|
14300 | 10900 |
| Demat Account Annual Maintenance Charges(AMC) | Payable yearly in advance ? For Individual account : Rs. 500 p.a. For Corporate a/c : 1500 p.a. | YR081/YR082 /11UPfront- Nil, YR083 -- 700/-, YR084 --850/-, YR085 -- 300/- YR086 -- 450/-, Ebroking - 400, BSDA-Nil up to holding 50000/- or Rs. 100/- up to holding 200000/-. |
| Advance Deposit | Rs. 7500/- , If the client is not having ICICI BANK Account | NIL |
| Statutory charges | Stamp Duty at actuals | NIL |
| Transaction Charges on Debit (Per ISIN) | For Normal Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/-) For Debt instruments Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/- & Max Rs.500/-) | Within MOSL- YR081/82- 0.025% or Rs30,YR083/84-0.025% or Rs20( MOSL PI is Free),YR085/86-0.020% OR Rs20, Eb- 0.020% or Rs20,11Upfront-0.015% or Rs15, YR081/82-0.04% or Rs30,YR083/84/85/86-0.03% or Rs30,Eb-0.03% or Rs30,11Upfront-0.04% or Rs30, BSDA Rs. 70/- or .07% which ever is higher. |
| Demat | Rs.50 /- Per Demat Request Form and Rs.10/- For Each Certificates | Rs.50/- per certificate + Rs. 50/- per request in all the scheme. |
| Remat | Rs. 30 + CDSL actuals | Rs.35/- per certificate or per 100 shares and part thereof which ever is higher + 25 courier charges and Rs.25/- per Restat of SOA/Redemption |
| Pledge Creation | 0.03 % or minimum of Rs. 50/- | Rs. 35/- per request in all scheme |
| Pledge Creation Confirmation | 0.03 % or minimum of Rs. 50/- | Nil |
| Pledge Closure | 0.03 % or minimum of Rs. 50/- | Rs. 35/- per request in all scheme |
| Pledge Closure Confirmation | 0.03 % or minimum of Rs. 50/- | Nil |
| Pledge Invocation | 0.03 % or minimum of Rs. 50/- | Rs. 35/- per request in all scheme |
| Failed Instruction Charges | Rejection/Fails Rs.30/- | Nil |
| Other Charges | a) Mailing charges for non periodic statements and other communication , Rs. 50 for inland and Rs. 500.0 for foreign address . b) Rs. 200/- for restoring services if account is suspended for non payment of charges. | Demat Rejection Rs. 50/- per req./- |
| ICICI Securities Pvt Ltd. | Motilal Oswal Securities Ltd | |
|---|---|---|
| Pay In and Pay Out Options
|
Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank. Pay-out/Fund Withdrawal - Bank Transfer only. |
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 |
| Payout Time
|
Instance to ICICI Bank. | Max 24 hrs except bank holidays. |
| Bank Supported and Charges
|
Info Not Available | Around 47 banks allow instant credit facility(Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. |
| Bank Detail | Direct from your ICICI bank account. | Info Not Available |
| Likes |
|
|
| Dislikes |
|
|
| Special Offers/Promo | Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. | Free Trading and Demat Account & Rs 2000 joining bonus. |
| Enquire about ICICIDirect | Enquire about Motilal Oswal |