FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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The side-by-side comparison of ICICIdirect and Motilal Oswal NRI Account. Compare ICICIdirect Vs Motilal Oswal NRI Account brokerage charges, exposure margin, demat account and AMC. Read Motilal Oswal and ICICIdirect NRI Account reviews.
Find out ICICIdirect Vs Motilal Oswal which is better NRI Trading Account. See ICICIdirect Vs Motilal Oswal which is best NRI Demat Account.
Our ICICI Securities Pvt Ltd. comparison with Motilal Oswal Securities Ltd highlights the major differences between two brokers. Find the best between ICICIdirect and Motilal Oswal NRI Account.
ICICIdirect | Motilal Oswal | |
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About the Broker | ICICI Bank offers trading and investment opportunities in India stock market to NRIs through ICICI NRI 3-in-1 account. It is a combination of an NRI saving bank account, an NRI Demat, and an NRI trading account. The ICICI 3 in 1 Account for NRI enab... | 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... |
Account Type | NRI Account | NRI Investment Account |
Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account 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. |
ICICIdirect | Motilal Oswal | |
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NRI Account Opening Fees | ₹4000 | Free |
NRI Account AMC | ₹0 | Rs 999 |
NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 |
NRI Demat Account AMC | Rs 300 (from 2nd year) | Rs 199 (Free for 1st Year) |
PIS Account AMC | NA | |
RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
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Account Type | ICICIdirect NRI Account | Motilal Oswal NRI Investment Account |
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Equity Delivery | 0.50% - 1.25% | 0.50% |
Equity Futures | 0.03% - 0.05% | 0.05% |
Equity Options | ₹70 to ₹95 | Rs 100 |
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Contract Note Reporting Charges | 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% |
ICICIdirect | Motilal Oswal | |
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Securities Transaction Tax (STT) |
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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. |
ICICIdirect Margin | Motilal Oswal Margin | |
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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. |
ICICIdirect | Motilal Oswal | |
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3-in-1 Account | ||
Automated Trading | ||
Free Research And Tips | ||
Other Features | ||
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ICICIdirect Review | Motilal Oswal Review | |
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481 Customer Reviews | 142 Customer Reviews | |
Fees | ||
Brokerage | ||
Trading Platform | ||
Customer Service | ||
Overall Rating | ||
Broker Rating | ICICIdirect is Rated 2.4 / 5 based on 481 customer reviews | Motilal Oswal is Rated 2.2 / 5 based on 142 customer reviews |
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ICICIdirect Enquire | Motilal Oswal Enquire | |
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Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account 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. |
ICICIdirect | Motilal Oswal | |
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Stocks | ||
Initial Public Offers (IPO) | ||
Mutual Funds | ||
Other Investment Options | ETF, Corporate Bonds, NCD, FD, Insurance | Unlisted Equity (Stocks), ETF, Ready-made Investment Portfolios (IAP), Smallcases, Stock baskets |
ICICIdirect | Motilal Oswal | |
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Customer Care Number | +91-22-28307780 | |
Customer Care Email | nri@icicidirect.com | |
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ICICIdirect | Motilal Oswal | |
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Bracket Order | ||
Cover Order | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) |
ICICIdirect | Motilal Oswal | |
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Cons |
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Conclusion
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ICICI is a highly recommended trading account for NRIs who are looking for investing in the stock market and mutual funds in India. It offers a convenient way to invest with competitive brokerage charges. It offers a range of investment options along with a dedicated RM, NRI support desk, free research, and tips. GTC and AMO order helps NRI customers to place an order in their own convenient timings. |
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 | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Motilal Oswal Special OfferFREE Account Opening (for a limited time only)
This is a limited-time offer. Simply Open your FREE Demat Account in 5 Minutes. |
Open Motilal Oswal Account |
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Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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