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SMC Global Vs Motilal Oswal: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of SMC Global ranges between 0.05 to 0.50% while the brokerage of Motilal Oswal ranges between 0.02 to 0.20%. Both the brokers are Full Service brokers. SMC Global is having overall lower rating compare to Motilal Oswal. SMC Global is rated only 3 out of 5 where Motilal Oswal is rated 4 out of 5. Number of active customer for SMC Global is 9,00,242 where number of active customer for Motilal Oswal is 1,58,580. SMC Global is serving more customer compare to Motilal Oswal.

Here we present side-by-side comparison of SMC Global vs Motilal Oswal share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared SMC Global vs Motilal Oswal'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 SMC Global vs Motilal Oswal share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared SMC Global vs Motilal Oswal'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 SMC Global vs Motilal Oswal on Service

  SMC Global Compare
SMC Global
Motilal Oswal Compare
Motilal Oswal
Overall Rating Rated 3 stars Rated 4 stars
Brokerage Charges Rated 3 stars Rated 3 stars
Trading Platform Rated 3 stars Rated 4.5 stars
Investments Offering Rated 3 stars Rated 4.5 stars
Customer Service Rated 3 stars Rated 3.5 stars
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 9,00,242 1,58,580
Broker Overview Open a free SMC Global account today to trade on the BSE, NSE, and MCX. Get the best quality research, wealth management & portfolio management advisory, and trade on advanced Easy Trade App and Privilege desktop software. 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.
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Account Opening Charges and AMC

Compare SMC Global vs Motilal Oswal on Trading & Demat Account Opening Charges

Comparison of SMC Global with Motilal Oswal on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - SMC Global charges Rs 400 PA (Free for 1st year) 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 SMC Global with Motilal Oswal
Charges SMC Global Motilal Oswal
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Free for 1st year) Rs 400 per annum [Free for 1st year]
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SMC Global vs Motilal Oswal on Plan Options

Plans are the most important feature you look when compare SMC Global with Motilal Oswal. 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 SMC Global with Motilal Oswal on Plan Options
Plan Types SMC Global Motilal Oswal
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Brokerage Charges

Compare SMC Global vs Motilal Oswal on Brokerage Charges

SMC Global Brokerage Plan detail - This is a standard plan by SMS Global.This is % based brokerage plan.

Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.

Brokerage Charges - Compare SMC Global with Motilal Oswal
Brokerage Charges Compare SMC Global Motilal Oswal
Plan Name Standard Trading Plan (Percentage Based) Default Brokerage Plan
Equity Delivery 0.50% or 30 paisa 0.20%
Equity Intraday 0.05% or 5 paisa 0.02%
Equity Futures 0.05% or 5 paisa 0.02%
Equity Options Rs 100 Per Lot Rs 20 per lot
Currency Futures 0.05% or 5 paisa Rs 20 per lot
Currency Options Rs 25 Per Lot Rs 20 per lot
Commodity Trading 0.05% or 5 paisa Futures: 0.02%| Options: Rs 200 Per Lot
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower NIL
Hidden Charges Info Not Available No
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Free NA
Auto Square off Charges Free NA
Brokerage Calculator Brokerage Calculator for SMC Global Brokerage Calculator for Motilal Oswal
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Share Broker's Transaction Charges

Compare SMC Global vs Motilal Oswal on Transaction Charges

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

Transaction Charges - Compare SMC Global with Motilal Oswal
Transaction Charges Compare SMC Global Motilal Oswal
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 110 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for smc-global-broker Complete Brokerage Plans for motilal-oswal
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Account Features

Compare SMC Global vs Motilal Oswal on Account Features

Compare SMC Global with Motilal Oswal 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 - SMC Global 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 - Both broker provides NRI Trading facility.

Account Features - SMC Global with Motilal Oswal
Account Features Compare SMC Global Motilal Oswal
3 in 1 Account No SMC Global have 2-in-1 account. Only Demate and Trading account. No SMC Global have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes 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 Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare SMC Global vs Motilal Oswal on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SMC Global and Motilal Oswal. 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 SMC Global with Motilal Oswal
Trading Platform Compare SMC Global Motilal Oswal
Desktop Trading Platform ODIN Diet Orion Lite
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.smcindiaonline.com/easytrade/ https://power.motilaloswal.com/MOSL/userMaster/login
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SMCEasyTrade MO Trader
Mobile Trading App Demo Info Not Available MO Trader Demo
Android Mobile App Yes Yes
Android App Download Andriod SMCEasyTrade Download Andriod MO Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS SMCEasyTrade Download iOS MO Trader 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 SMC Global Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal
Futures Brokerage Calculator Futures Brokerage Calculator for SMC Global Futures Brokerage Calculator for Motilal Oswal
Options Brokerage Calculator Options Brokerage Calculator for SMC Global Options Brokerage Calculator for Motilal Oswal
Detail Detail on Trading Platforms for smc-global-broker Detail on Trading Platforms for motilal-oswal

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Broker Ratings by Users

Compare SMC Global vs Motilal Oswal on User Rating

  SMC Global Motilal Oswal
  6 Customer Reviews    Rate SMC Global 56 Customer Reviews    Rate Motilal Oswal
Fees Ratings 3.0 3.2
Trading Brokerage Rating 2.3 2.6
Trading Platform Usability 3.0 3.3
Customer Service Ratings 2.5 3.0
Overall Ratings Rated 2.8 stars Rated 3.0 stars
Broker Rating SMC Global is Rated 2.8 / 5 based on 6 customer reviews Motilal Oswal is Rated 3.0 / 5 based on 56 customer reviews
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Investment Offerings

Compare SMC Global vs Motilal Oswal on Investment Offerings

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

Compare SMC Global vs Motilal Oswal on Order Types

Order Type - Compare SMC Global with Motilal Oswal 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 provides Cover Orders (CO) where SMC Global 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 provides Bracket Orders (BO) where SMC Global 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- 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 SMC Global with Motilal Oswal
Order Type Compare SMC Global Motilal Oswal
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare SMC Global vs Motilal Oswal on Customer Service

Compare SMC Global with Motilal Oswal 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 SMC Global with Motilal Oswal
Customer Service Compare SMC Global Motilal Oswal
24/7 Customer Service SMC Global vs Motilal Oswal - 24x7 customer support No No
Email Support SMC Global vs Motilal Oswal - Email Support Yes Yes
Onine Live Chat SMC Global vs Motilal Oswal - Onine Live Chat No No
Phone Support SMC Global vs Motilal Oswal - Phone Support Yes Yes
Toll Free Number SMC Global vs Motilal Oswal - Toll Free Number Yes No
Through Branches SMC Global vs Motilal Oswal - Through Branches Yes Yes
Customer Care Number SMC Global vs Motilal Oswal - Customer Care Number 91-11-66075200 022 40548000/022 67490600
Account Opening Process SMC Global vs Motilal Oswal - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email SMC Global vs Motilal Oswal - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SMC Global vs Motilal Oswal - Knowledge Center/Education https://www.smctradeonline.com/research/new-letters https://edumo.motilaloswal.com/
Head Office Address SMC Global vs Motilal Oswal - Head Office Address/Corporate Address SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi – 110005
Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Website SMC Global vs Motilal Oswal - Company Website https://www.smctradeonline.com https://www.motilaloswal.com/
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Tips/Research/Reports Published

Compare SMC Global vs Motilal Oswal on Research Reports, Tips

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

Research Reports - Compare SMC Global with Motilal Oswal
  SMC Global Motilal Oswal
Research Mutual Funds SMC Global vs Motilal Oswal - Research Mutual Funds Yes Yes
Research Equity Reports SMC Global vs Motilal Oswal - Research Equity Reports Yes Yes
Research ETF SMC Global vs Motilal Oswal - Research ETF Yes Yes
Daily Market Report SMC Global vs Motilal Oswal - Daily Market Report Yes Yes
Free Tips SMC Global vs Motilal Oswal - Free Tips Yes Yes
Quarterly Result Analysis SMC Global vs Motilal Oswal - Quarterly Results Yes Yes
News Alerts SMC Global vs Motilal Oswal - Yes Yes
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Demat Account

Compare SMC Global vs Motilal Oswal on Demat Account

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

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Special Offers,Advantages,Disadvantages

Compare SMC Global vs Motilal Oswal on Special Offers and Promotion

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

Compare SMC Global vs Motilal Oswal on Special Offers and Promotion
  SMC Global Motilal Oswal
Pay In and Pay Out Options SMC Global vs Motilal Oswal - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from ODIN Diet/Net Net Trading Platform.
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 SMC Global vs Motilal Oswal - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays.
Bank Supported and Charges SMC Global vs Motilal Oswal - 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 Info Not Available Info Not Available
Likes
  • Zero Demat account opening fees.
  • No Demat AMC for the first year.
  • Research and advisory
  • Trade on smartphone, browser, and desktop applications.
  • Loan against securities (LAS) and margin trading facility (MTF).
  • Multiple tools like Portfolio Health Check-up, Auto Trender, Algo trader,
  • Dedicated Relationship managers (RMs) and dealers.
  • News and updates on stock earnings, bonuses, corporate news, global news, etc.
  • It allows aftermarket order (AMO) and buy today sell tomorrow (BTST) trades.
  • Strong PAN India presence.

Detail Review...

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...

Dislikes
  • You cannot place a Good Till Triggered (GTT) order.
  • Does not provide a 3-in-1 account.
  • Extra charges for the tools like Auto Trender.
  • No flat brokerage plan is available.

Detail Review...

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...

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)
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Last Updated on 2022-10-18T23:28:54+00:00