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Motilal Oswal Vs TradePlusOnline: 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 TradePlusOnline ranges between Max Rs 9. Motilal Oswal is a Full Service Broker where TradePlusOnline is a Discount Broker. Motilal Oswal is having overall higher rating compare to TradePlusOnline. Motilal Oswal is rated 4 out of 5 where TradePlusOnline is rated only 3.5 out of 5. Number of active customer for Motilal Oswal is 8,74,230 where number of active customer for TradePlusOnline is 10,804. Motilal Oswal is serving more customer compare to TradePlusOnline.

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

  Motilal Oswal Compare
Motilal Oswal
TradePlusOnline Compare
TradePlusOnline
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 10,804
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. Trade at just Rs. 9/order and enjoy free derivative trading benefits with TradePlus Account. Highlights include a free account, Lifetime zero Demat AMC, and RocketPlus technology-powered app, web, and exe trading platforms.
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 TradePlusOnline on Trading & Demat Account Opening Charges

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

Compare Motilal Oswal vs TradePlusOnline on Plan Options

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

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

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Motilal Oswal vs TradePlusOnline 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.

TradePlusOnline Brokerage Plan detail - TradePlus Flat Fee Plan Max Rs 9 Per Trade. This is the lowest brokerage plan offered by a discount broker. You will pay Max Rs 9 for trading in Equity Intraday, Derivatives, Currency and Commodity Trading. Equity Delivery trading is FREE.

Brokerage Charges - Compare Motilal Oswal with TradePlusOnline
Brokerage Charges Compare Motilal Oswal TradePlusOnline
Plan Name Default Brokerage Plan Smart Flat Brokerage Plan
Equity Delivery 0.20% Free
Equity Intraday 0.02% 0.05% or Rs 9 whichever is lower
Equity Futures 0.02% Flat Fee Rs 9
Equity Options Rs 20 per lot Flat Fee Rs 9
Currency Futures Rs 20 per lot Flat Fee Rs 9
Currency Options Rs 20 per lot Flat Fee Rs 9
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot Flat Fee Rs 9
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding Yes - 18% interest PA Yes - 24% interest PA
Call & Trade Charges NA Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade
Auto Square off Charges NA Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for TradePlusOnline
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Share Broker's Transaction Charges

Compare Motilal Oswal vs TradePlusOnline on Transaction Charges

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

Transaction Charges - Compare Motilal Oswal with TradePlusOnline
Transaction Charges Compare Motilal Oswal TradePlusOnline
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 tradeplus
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Account Features

Compare Motilal Oswal vs TradePlusOnline on Account Features

Compare Motilal Oswal with TradePlusOnline 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 - TradePlusOnline 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 - Motilal Oswal with TradePlusOnline
Account Features Compare Motilal Oswal TradePlusOnline
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 No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL Charting & Tech Tools -YES - INFINI POWER - MCX and Equities
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Trading Platform

Compare Motilal Oswal vs TradePlusOnline on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal and TradePlusOnline. 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 TradePlusOnline
Trading Platform Compare Motilal Oswal TradePlusOnline
Desktop Trading Platform Orion Lite Rocketplus
Desktop Demo Desktop Demo Desktop Demo
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://infini.tradeplusonline.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App MO Trader RocketPlus Mobile Trading App
Mobile Trading App Demo MO Trader Demo RocketPlus Mobile Trading App Demo
Android Mobile App Yes Yes
Android App Download Andriod MO Trader Download Andriod RocketPlus Mobile Trading App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS MO Trader Download iOS RocketPlus Mobile Trading App 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 TradePlusOnline
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for TradePlusOnline
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for TradePlusOnline
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for tradeplus

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Broker Ratings by Users

Compare Motilal Oswal vs TradePlusOnline on User Rating

  Motilal Oswal TradePlusOnline
  57 Customer Reviews    Rate Motilal Oswal 27 Customer Reviews    Rate TradePlusOnline
Fees Ratings 3.2 4.3
Trading Brokerage Rating 2.6 4.8
Trading Platform Usability 3.2 3.9
Customer Service Ratings 3.0 3.9
Overall Ratings 3.0 4.1
Broker Rating Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews TradePlusOnline is Rated 4.1 / 5 based on 27 customer reviews
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Investment Offerings

Compare Motilal Oswal vs TradePlusOnline on Investment Offerings

Compare Motilal Oswal with TradePlusOnline 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 TradePlusOnline doesn't offer

Investment Offerings - Compare Motilal Oswal with TradePlusOnline
Investment Offerings Compare Motilal Oswal TradePlusOnline
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 Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Motilal Oswal vs TradePlusOnline on Order Types

Order Type - Compare Motilal Oswal with TradePlusOnline 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- 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 Motilal Oswal with TradePlusOnline
Order Type Compare Motilal Oswal TradePlusOnline
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 Yes
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Customer Service Offered

Compare Motilal Oswal vs TradePlusOnline on Customer Service

Compare Motilal Oswal with TradePlusOnline 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 TradePlusOnline
Customer Service Compare Motilal Oswal TradePlusOnline
24/7 Customer Service Motilal Oswal vs TradePlusOnline - 24x7 customer support No No
Email Support Motilal Oswal vs TradePlusOnline - Email Support Yes Yes
Onine Live Chat Motilal Oswal vs TradePlusOnline - Onine Live Chat No Yes
Phone Support Motilal Oswal vs TradePlusOnline - Phone Support Yes Yes
Toll Free Number Motilal Oswal vs TradePlusOnline - Toll Free Number No No
Through Branches Motilal Oswal vs TradePlusOnline - Through Branches Yes No
Customer Care Number Motilal Oswal vs TradePlusOnline - Customer Care Number 022 40548000/022 67490600 044-49427500 / 080 37017382
Account Opening Process Motilal Oswal vs TradePlusOnline - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Motilal Oswal vs TradePlusOnline - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Motilal Oswal vs TradePlusOnline - Knowledge Center/Education https://edumo.motilaloswal.com/ http://support.tradeplusonline.com/support/solutions
Head Office Address Motilal Oswal vs TradePlusOnline - Head Office Address/Corporate Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Tradeplus Online,
Ganga Griha 4th & 5 th Floor,
No.9 (old No. 6D)
Nungambakkam High Road
Nungambakkam
Chennai - 600 034
Website Motilal Oswal vs TradePlusOnline - Company Website https://www.motilaloswal.com/ https://tradeplusonline.com
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Tips/Research/Reports Published

Compare Motilal Oswal vs TradePlusOnline on Research Reports, Tips

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

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

Compare Motilal Oswal vs TradePlusOnline on Demat Account

Compare Motilal Oswal with TradePlusOnline 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 TradePlusOnline is A) Rs.900/- Life time AMC, - Ten Years Period - Only for Resident individual Clients with broking accounts. Rs.500/- Life time AMC - For Five Years Period , Only for Resident individual Clients with broking accounts B) Rs.2500/- Life Time AMC for Non Resident Individual clients - 10 Years Period C) For NRI Clients Rs. 1000/-p.a. D) Rs.1000/- p.a For Only DP Clients/Corporate Clients. 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 TradePlusOnline is Market selling through NML with POA For equity Transactions. 0.02% of Transaction Value, subject to Minimum of Rs.15/- per Transaction and Maximum of Rs. 200/- Markets selling Through NML (Without POA) 0.02% of Transaction Value, subject to Minimum of Rs.20/- per Transaction and Maximum of Rs. 200/- C) Market Selling(Debits) other than NML off markets debits & IDT debits 0.04% of transaction value subject to minimum Rs.30/- per transaction.Market Selling (Debits) through NML withPOA for Mutual fund - Rs. 20/- per transaction..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 TradePlusOnline
  Motilal Oswal TradePlusOnline
DP Source CDSL CDSL
DP ID Motilal Oswal vs TradePlusOnline - DP ID 10900 86500
Demat Account Annual Maintenance Charges(AMC) ₹400 pa A) Rs.900/- Life time AMC, - Ten Years Period - Only for Resident individual Clients with broking accounts. Rs.500/- Life time AMC - For Five Years Period , Only for Resident individual Clients with broking accounts B) Rs.2500/- Life Time AMC for Non Resident Individual clients - 10 Years Period C) For NRI Clients Rs. 1000/-p.a. D) Rs.1000/- p.a For Only DP Clients/Corporate Clients.
Advance Deposit NIL NIL
Statutory charges Nil NIL
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) Market selling through NML with POA For equity Transactions. 0.02% of Transaction Value, subject to Minimum of Rs.15/- per Transaction and Maximum of Rs. 200/- Markets selling Through NML (Without POA) 0.02% of Transaction Value, subject to Minimum of Rs.20/- per Transaction and Maximum of Rs. 200/- C) Market Selling(Debits) other than NML off markets debits & IDT debits 0.04% of transaction value subject to minimum Rs.30/- per transaction.Market Selling (Debits) through NML withPOA for Mutual fund - Rs. 20/- per transaction.
Demat ₹50 per certificate + ₹50 courier charges A) Rs.50/- per DRF (upto five Certificates) More than 5 certificates Rs.5/ per certificate Plus Rs.50/- (Minimum Charges) B) For NRI Clients Rs. 200/- Per DRF (upto five Certificates) More than 5 certificates Rs.30/- per certificate Plus Rs.200/- (Minimum Charges) C) Demat Rejection ? Rs.35/- per rejection(upto 5 certificate) More than 5 certificates Rs.3/- + Rs.35/- (Minimum charges) D) Conversion Request - A) Rs.50/- per CRF B) For NRI Clients Rs. 200/- Per CRF
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges Rs. 15/- for every hundred shares or part there of subject to Maximum fee of Rs.5,00,000/- or a flat fee of Rs.15/- per certificate whichever is higher plus handling charges Rs.50/-. No remat charges for Govt. Securities.
Pledge Creation ₹35 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction
Pledge Creation Confirmation Nil NIL
Pledge Closure ₹35 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction
Pledge Closure Confirmation Nil NIL
Pledge Invocation ₹35 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction
Failed Instruction Charges Nil Rs.15.00 Per Transaction.
Other Charges Nil 1) Securities Borrowing Rs. 50/- Per Transaction 2) Rs..100/ for every Change of Address/Bank details.and Rs.50/- for every email and mobile change request.3) Market Buying,(Receipts) Off Market Credit & Inter Depository Receipts = NIL Charges.
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs TradePlusOnline on Special Offers and Promotion

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

Compare Motilal Oswal vs TradePlusOnline on Special Offers and Promotion
  Motilal Oswal TradePlusOnline
Pay In and Pay Out Options Motilal Oswal vs TradePlusOnline - 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 - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradePlusOnline Mobile, INFINI Desktop and INFINI Web application.Cheque payments Rs 15 per cheque.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Motilal Oswal vs TradePlusOnline - Payout Time Max 24 hrs except bank holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Motilal Oswal vs TradePlusOnline - Bank Supported and Charges Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms.
Bank Detail Info Not Available NAVIA MARKETS LIMITED,
Account Number:ZNACOMTPXXXXXXXX
Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI
Account Type: Current Account
IFSC Code: INDB0000007
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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 account opening charges and no maintenance fee.
  • Free investment in stocks (delivery trading).
  • The cheapest flat brokerage of Rs. 9 per order.
  • Free derivative trading.
  • 0 brokerage investment in direct mutual funds.
  • Cutting-edge RocketPlus technology trading platforms.
  • Advanced orders like basket orders and GTT orders.
  • Margin Trading Funding (MTF).
  • Buy Today Sell Tomorrow (BTST) and Buy Today Pay later (BTPL)
  • UNIV free learning platform for beginners.

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...

  • Does not offer a 3-in-1 account.
  • Being a discount broker, it does not provide research & advisory.
  • Very high call & trade charges.

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