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
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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||BSE, NSE, MCX, NCDEX|
|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.|
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.
|Charges||SMC Global||Motilal Oswal|
|Trading Account Opening Fees||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|
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.
|Plan Types||SMC Global||Motilal Oswal|
|Account Opening Request|
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||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|
Compare SMC Global with Motilal Oswal on transaction charges and PCM fee by segment.
|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|
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 Compare||SMC Global||Motilal Oswal|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
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||Motilal Oswal|
|Desktop Trading Platform||ODIN Diet||Orion Lite|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|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 Trading App||SMCEasyTrade||MO Trader|
|Mobile Trading App Demo||Info Not Available||MO Trader Demo|
|Android Mobile App|
|Android App Download||Andriod SMCEasyTrade Download||Andriod MO Trader Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS SMCEasyTrade Download||iOS MO Trader Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
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||Motilal Oswal|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Insurance||NIL|
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 Type Compare||SMC Global||Motilal Oswal|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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 Service Compare||SMC Global||Motilal Oswal|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||91-11-66075200||022 40548000/022 67490600|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi – 110005
|Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Compare SMC Global with Motilal Oswal on research reports and tips provided by the broker.
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 â€“ 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
|SMC Global||Motilal Oswal|
|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 Confirmation||₹20||Nil|
|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|
Compare SMC Global with Motilal Oswal on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|SMC Global||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||Upto 24 Hrs except Bank Holidays.||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||Info Not Available||Info Not Available|
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;
There are some drawbacks or disadvantages that might discourage you to not opening an account with Motilal Oswal. Here are some important trading cons;
|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 2022-10-18T23:28:54+00:00
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