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About Motilal Oswal
With over 35 years of industry experience and a client base which expands to more than 50 lakhs, Motilal Oswal Financial Services Ltd. (MOFSL) has become synonymous with India's investment partner. Incorporated in the year 1987, the financial services firm offers trading services in Equity, Commodity, Currency and Derivatives. It also offers other products like Mutual Funds, IPOs, US Stocks, Gold, Insurance, Fixed Income products and readymade portfolios such as Stock Baskets, Intelligent Adviso...
About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology.
IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD...
Incorporated in 1987, Motilal Oswal is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 305 branches across India. Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India.
Motilal Oswal | IIFL Securities | |
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Type of Broker | Full Service Broker | Full Service Broker |
Exchnage Membership | BSE, NSE, MCX | NSE, BSE, MCX |
Year of Incorporation | 1987 | 1996 |
Number of Branches | 305 | 900 |
Open Motilal Oswal Account | Open IIFL Securities Account |
Motilal Oswal trading account opening charges is Rs 0 (Free) while IIFL Securities account opening changes is Rs 0 (Free). Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year).
Motilal Oswal | IIFL Securities | |
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Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 199 (Free for 1st Year) | Rs 250 (Free for 1st year) |
Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order.
Account Type | Motilal Oswal Default Plan | IIFL Securities iServe |
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Fixed Charges | NA | NA |
Equity Delivery | 0.20% | Rs 20 per order |
Equity Intraday | Rs 0 (Free for lifetime) | Rs 20 per order |
Equity Futures | 0.02% | Rs 20 per order |
Equity Options | Rs 20 per lot | Rs 20 per order |
Currency Futures | Rs 20 per lot | Rs 20 per order |
Currency Options | Rs 20 per lot | Rs 20 per order |
Commodity Futures | 0.02% | Rs 20 per order |
Commodity Options | Rs 200 Per Lot | Rs 20 per order |
Special Offer | Special Offer: FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes. |
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
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Minimum Brokerage | Rs 25 for Delivery | |
Other Charges | Advisory SMS - Rs 50 per month | |
Call & Trade Charges | Free | Rs 50 per call |
Motilal Oswal transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while IIFL Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).
Motilal Oswal | IIFL Securities | |
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Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Options | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | MCX: Rs 250 per Cr (0.0025%) | Group A - Rs 280 per Cr (0.0028%) |
Open Motilal Oswal Account | Open IIFL Securities Account |
Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the IIFL Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Motilal Oswal | IIFL Securities | |
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Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
Open Motilal Oswal Account | Open IIFL Securities Account |
The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. IIFL Securities offers IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App trading software.
Motilal Oswal | IIFL Securities | |
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3 in 1 Account | ||
Charting | ||
Automated Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding | ||
Margin Against Shares (Equity Cash) | ||
Margin Against Shares (Equity F&O) | ||
Trading Platform | MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE | IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App |
Intraday Square-off Time | ||
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | ||
Open Motilal Oswal Account | Open IIFL Securities Account |
Motilal Oswal is rated 2.2 of 5 based on 138 customer reviews whereas IIFL Securities is rated 2.6 of 5 based on 130 customer reviews.
Motilal Oswal Enquire | IIFL Securities Enquire | |
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Contact Broker | FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes. | Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today. |
Motilal Oswal | IIFL Securities | |
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Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | PMS, Fixed Deposits, Insurance | Insurance |
Motilal Oswal | IIFL Securities | |
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Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
Open Motilal Oswal Account | Open IIFL Securities Account |
Motilal Oswal | IIFL Securities | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
Motilal Oswal | IIFL Securities | |
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Casual Investor | ||
Active Investor | ||
Trader |
Motilal Oswal | IIFL Securities | |
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Reviews | ||
Promo / Offers | Motilal Oswal Special Offer
FREE Account Opening (for a limited time only)
This is a limited-time offer. Simply Open your FREE Demat Account in 5 Minutes. |
IIFL Securities Special OfferFlat Rs 20 Per Trade Brokerage + Free Account Opening
This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today. |
Open Motilal Oswal Account | Open IIFL Securities Account |
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FREE Intraday Trading (Eq, F&O)
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