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Fyers Vs Motilal Oswal NRI Account Comparison

The side-by-side comparison of Fyers and Motilal Oswal NRI Account. Compare Fyers Vs Motilal Oswal NRI Account brokerage charges, exposure margin, demat account and AMC. Read Motilal Oswal and Fyers NRI Account reviews.

Find out Fyers Vs Motilal Oswal which is better NRI Trading Account. See Fyers Vs Motilal Oswal which is best NRI Demat Account.

Our Fyers Securities Ltd comparison with Motilal Oswal Securities Ltd highlights the major differences between two brokers. Find the best between Fyers and Motilal Oswal NRI Account.

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Fyers Vs Motilal Oswal

  Fyers Motilal Oswal
 
  Fyers Securities Ltd Logo Motilal Oswal Securities Ltd Logo
About the Broker Fyers is an online stock broker in India. Fyers offers regulated stock broking platforms that operate under SEBI and Stock Exchanges regulations and guidelines. It offers a 2-in-1 account combining trading and demat accounts with trading in Equity d... Know more about Fyers Securities Ltd Motilal Oswal is one of the most trusted and experienced financial services companies in India. With over three decades of experience, the financial services provider offers comprehensive financial solutions to NRIs across the globe. Motilal Oswal of... Know more about Motilal Oswal Securities Ltd
Account Type NRI Account NRI Investment Account
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.
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.

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Fyers Vs Motilal Oswal Charges

  Fyers Motilal Oswal
NRI Account Opening Fees Free Free
NRI Account AMC Free Rs 999
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 0 (Free) Rs 199 (Free for 1st Year)
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open Fyers AccountOpen Motilal Oswal Account

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Fyers Vs Motilal Oswal NRI Account Brokerage Comparison

Account Type Fyers NRI Account Motilal Oswal NRI Investment Account
Equity Delivery 0.5% or ₹50 0.50%
Equity Futures ₹50 per traded order 0.05%
Equity Options ₹50 per traded order Rs 100
Open Fyers AccountOpen Motilal Oswal Account

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
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Fyers Vs Motilal Oswal NRI Account Taxes/Fees

  Fyers Motilal Oswal
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. 0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

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Fyers Vs Motilal Oswal NRI Account Margin

  Fyers Margin Motilal Oswal Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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Fyers and Motilal Oswal NRI Account Features

  Fyers Motilal Oswal
3-in-1 Account No No
Automated Trading No
Free Research And Tips Yes
Other Features
Open Fyers AccountOpen Motilal Oswal Account

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Fyers Vs Motilal Oswal NRI Account Review

  Fyers Review Motilal Oswal Review
  34 Customer Reviews    Rate Fyers 138 Customer Reviews    Rate Motilal Oswal
Fees 3.3 2.7
Brokerage 3.4 2.1
Trading Platform 3.1 2.9
Customer Service 2.9 2.5
Overall Rating Rated 2.9 stars Rated 2.2 stars
Broker Rating Fyers is Rated 2.9 / 5 based on 34 customer reviews Motilal Oswal is Rated 2.2 / 5 based on 138 customer reviews
Open Fyers AccountOpen Motilal Oswal Account

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Contact Broker / Request A Call Back

  Fyers Enquire Motilal Oswal Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes.
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Fyers Vs Motilal Oswal NRI Investment Options

  Fyers Motilal Oswal
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options Unlisted Equity (Stocks), ETF, Ready-made Investment Portfolios (IAP), Smallcases, Stock baskets

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Fyers Vs Motilal Oswal NRI Customer Service

  Fyers Motilal Oswal
Customer Care Number 080-45699999
Customer Care Email support@fyers.in
Open Fyers AccountOpen Motilal Oswal Account

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Fyers Vs Motilal Oswal Order Type Offered for NRI Account

  Fyers Motilal Oswal
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)

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Fyers Vs Motilal Oswal - NRI Account Advantages and Disadvantages

  Fyers Motilal Oswal
Pros
  1. Free online account opening and AMC charges
  2. Free equity delivery trading. No brokerage for cash & carry trades.
  3. Discount stock broker offering ultra-low brokerage. Fyers charges flat Rs 20 per trade maximum brokerage across trading segments and irrespective of the size of the trade.
  4. No hidden charges. Very transparent fees/charges.
  5. In-house build trading platform offers flexibility to implement new features/services quickly.
  6. All trading software is available for free of charge.
  7. Fyers NRI account holders get access to research reports and economic calendar
  8. Refer your friends and earn 20% of the revenues generated by your friends, for life!
  1. Full-service broker with a range of trading & investment services.
  2. A strong research team that provides investment advice and trade recommendations.
  3. Presence across 2,200 locations in over 500 cities in India.
Cons
  1. Fyers NRI account holders are not allowed to invest in currency derivatives.
  1. MOSFL doesn't offer 3-in-1 account services. So, NRIs have to first transfer money from PIS account to trading account before placing an order.
  2. It doesn't have offices in any foreign locations.
  3. Brokerage is higher in comparison with discount stock brokers like Zerodha and Prostocks.
Conclusion

Fyers is a good option for NRIs who want to invest in the stock market and mutual funds in India. It has a Zero account opening and AMC charges. It offers a convenient way to invest with low brokerage charges. Fyers NRI account opening contact number - 080-45699999 and Fyers NRI account opening email ID - support@fyers.in.

Motilal Oswal is a popular name in the financial services industry in India. The company offers a range of online trading and investment services to NRIs. NRIs get free access to the trading platform and dedicated research team that provides market insights through published reports on the economy, market trends, and sectors. Higher brokerage makes it expensive for investors/traders who don't need advisory services.

Promo / Offers

Fyers Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

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.

Open Fyers AccountOpen Motilal Oswal Account

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