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Motilal Oswal Vs Kotak Securities (Compare Motilal Oswal and Kotak Securities)

Motilal Oswal Securities Ltd Logo

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... Know more about Motilal Oswal Securities Ltd

Kotak Securities Ltd Logo

About Kotak Securities
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one ... Know more about Kotak Securities Ltd

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Motilal Oswal Vs Kotak Securities

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 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India.

  Motilal Oswal Kotak Securities
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 1987 1994
Number of Branches 305 153
Open Motilal Oswal AccountOpen Kotak Securities Account

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Motilal Oswal Vs Kotak Securities Charges & AMC

Motilal Oswal trading account opening charges is Rs 0 (Free) while Kotak Securities account opening changes is Rs 99. Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and Kotak Securities Demat Account AMC Charges is Rs 600.

  Motilal Oswal Kotak Securities
Trading Account Opening Charges Rs 0 (Free) Rs 99
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 199 (Free for 1st Year) Rs 600

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Motilal Oswal Vs Kotak Securities Brokerage

Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free.

Account Type Motilal Oswal Default Plan Kotak Securities Trade Free Plan
Fixed Charges NA
Equity Delivery 0.20% 0.25% (Minimum Rs 20 per trade)
Equity Intraday Rs 0 (Free for lifetime) Free
Equity Futures 0.02% Delivery: Rs 20 per trade | Intraday: Free
Equity Options Rs 20 per lot Delivery: Rs 20 per trade | Intraday: Free
Currency Futures Rs 20 per lot Delivery: Rs 20 per trade | Intraday: Free
Currency Options Rs 20 per lot Delivery: Rs 20 per trade | Intraday: Free
Commodity Futures 0.02% Delivery: Rs 20 per trade | Intraday: Free
Commodity Options Rs 200 Per Lot Delivery: Rs 20 per trade | Intraday: Free
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: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now

Motilal Oswal Vs Kotak Securities Brokerage Plan 2

  Motilal Oswal Kotak Securities
Account Type Default Plan Dealer Assisted Plan
Fixed Charges NA Rs 499 (One Time)
Equity Delivery 0.20% 0.39%
Equity Intraday Rs 0 (Free for lifetime) 0.039%
Equity Futures 0.02% 0.039%
Equity Options Rs 20 per lot Rs 39 per lot
Currency Futures Rs 20 per lot Rs 9 per lot
Currency Options Rs 20 per lot Rs 5 per lot
Commodity Futures 0.02% 0.039%
Commodity Options Rs 200 Per Lot Rs 39 per lot
Open Motilal Oswal AccountOpen Kotak Securities Account

Motilal Oswal Charges Vs Kotak Securities

Minimum Brokerage Rs 25 for Delivery Rs 21 per executed order
Other Charges
Call & Trade Charges Free Rs 50 per call

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Motilal Oswal Vs Kotak Securities Transaction Charges

Motilal Oswal transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Kotak Securities exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium).

  Motilal Oswal Kotak Securities
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 335 per Cr (0.00335%) | 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 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity MCX: Rs 250 per Cr (0.0025%) MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Commodity Options: MCX : 0.05% & 0 for NCDEX
Open Motilal Oswal AccountOpen Kotak Securities Account

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Motilal Oswal Vs Kotak Securities Leverage (Margin)

Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Kotak Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Motilal Oswal Kotak Securities
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 AccountOpen Kotak Securities Account

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Compare Motilal Oswal and Kotak Securities Features

The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.

  Motilal Oswal Kotak Securities
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes No
Trading Platform MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite
Intraday Square-off Time
Trading In SME Shares Allowed?
Referral Program Yes
Other Features 3-in-1 account
Open Motilal Oswal AccountOpen Kotak Securities Account

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Motilal Oswal Vs Kotak Securities Review

Motilal Oswal is rated 2.2 of 5 based on 138 customer reviews whereas Kotak Securities is rated 2.4 of 5 based on 197 customer reviews.

  Motilal Oswal Kotak Securities
  138 Customer Reviews    Rate Motilal Oswal 197 Customer Reviews    Rate Kotak Securities
Fees 2.7 2.4
Brokerage 2.1 2.3
Trading Platform 2.9 3.2
Customer Service 2.5 2.8
Research Capabilities 2.2 2.7
Overall Ratings Rated 2.2 stars Rated 2.4 stars
Broker Rating Motilal Oswal is rated 2.2 of 5 based on 138 customer reviews Kotak Securities is rated 2.4 of 5 based on 197 customer reviews

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Contact Broker / Request A Call Back

  Motilal Oswal Enquire Kotak Securities Enquire
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. Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now

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Motilal Oswal Vs Kotak Securities Investment Options

  Motilal Oswal Kotak Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options PMS, Fixed Deposits, Insurance

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Motilal Oswal Vs Kotak Securities Order Type Offered

  Motilal Oswal Kotak Securities
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
Open Motilal Oswal AccountOpen Kotak Securities Account

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Motilal Oswal Vs Kotak Securities Research Report

  Motilal Oswal Kotak Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Motilal Oswal Vs Kotak Securities Suitable For Investor Type

  Motilal Oswal Kotak Securities
Casual Investor Yes
Active Investor Yes
Trader Yes

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Motilal Oswal Vs Kotak Securities - Pros and Cons

  Motilal Oswal Kotak Securities
Pros
  1. 35+ years of Trading and Investing experience - Known for their Research in the industry and Wealth Creation Studies by Mr Raamdeo Agarwal who is also known as the "Warren Buffett of India"
  2. Free Equity Intraday Trading for Lifetime.
  3. Free 1st Month FnO Brokerage up to Rs 1,000
  4. Wide range of investment options - Stocks, Derivatives (Futures & Options), commodities, currencies, IPO, mutual funds, insurance, fixed deposits, Gold, US stocks, Sovereign Gold Bonds, Smallcase expert-curated ready investment baskets, and Intelligent Advisory Portfolios
  5. Investors can also buy shares of unlisted companies through PMS services offered by Motilal Oswal
  6. Up to 4X margin on a select range of stocks to make the most of your capital
  7. Free daily expert research and advisory calls along with a Personal Advisor to help you invest
  8. Free Trading Software - Different Apps for Investors and Traders
  9. Access to Options Store - Multi-leg options strategy, powered by expert mind and AI algorithm
  10. Access to MO Exclusive Smallcase - MO expert-curated small cases for all beginners
  11. Stock SIP feature - invest regularly in a stock you love
  12. Free and early access to Investor Community - StoCoMo
  • Kotak Securities is a bank-based broker offering a 3-in-1 account.
  • Brokerage free intraday trading with online trading plans.
  • Zero brokerage across all segments for investors up to the age of 30 years.
  • Company is part of leading private bank (Kotak Mahindra Bank).
  • NEST trading platform is available for frequent traders.
  • Charges are lowest amoung bank-based brokers.
Cons
  • Very high brokerage across all trading segments compared to other full-service brokers like Angel Broking, Edelweiss, Sharekhan, and IIFL.
  • High Equity delivery brokerage charges.
  • High demat AMC changes (Rs 66 per month).
  • Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox.
  • A widely advertised Zero Brokerage Plan is available only to investors up to the age of 30 years.
  • The customer has to pay a yearly plan subscription fee of Rs 499.
  • Very high brokerage in dealer-assisted brokerage plan.
  • Margin-funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.
Reviews
Promo / Offers

Motilal Oswal Special Offer

FREE Account Opening (for a limited time only)

  • Get FREE Account Opening,
  • Free Intraday Trades,
  • Free F&O brokerage for 1st Month,
  • FREE Personal Advisor and Research,
  • FREE for 1st Year Demat AMC.

This is a limited-time offer. Simply Open your FREE Demat Account in 5 Minutes.

Kotak Securities Special Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage-Free Intraday trades (Equity and F&O).
  • Flat Rs. 20 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

Open Motilal Oswal AccountOpen Kotak Securities Account

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