Motilal Oswal Vs AxisDirect NRI Account Comparison
The side-by-side comparison of Motilal Oswal and AxisDirect NRI Account. Compare Motilal Oswal Vs AxisDirect NRI Account brokerage charges, exposure margin, demat account and AMC. Read AxisDirect and Motilal Oswal NRI Account reviews.
Find out Motilal Oswal Vs AxisDirect which is better NRI Trading Account. See Motilal Oswal Vs AxisDirect which is best NRI Demat Account.
Our Motilal Oswal Securities Ltd comparison with Axis Securities highlights the major differences between two brokers. Find the best between Motilal Oswal and AxisDirect NRI Account.
Motilal Oswal Financial Services Ltd (MOFSL) is a diversified financial service firm offering trading and investment services to NRIs. The company offers online trading services through a 2-in-1 account in Equity and Equity Derivatives to Non-Residen...
Axis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account.
Axis Bank has 10 international branch offices across the w...
Account Type
NRI Investment Account
NRI Account
Special Offer
Zerodha (Trade with the best stock broker)
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.
Zerodha (Trade with the best stock broker)
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.
Motilal Oswal Vs AxisDirect Charges
Motilal Oswal
AxisDirect
NRI Account Opening Fees
₹2500
NRI Account AMC
₹0
NRI Demat Account Opening Fees
Rs 0
Rs 0
NRI Demat Account AMC
Free (Rs 400 2nd year onward)
Rs 650
PIS Account AMC
NA
RBI approval for PIS (One time)
₹500 + GST
₹500 + GST
Motilal Oswal Vs AxisDirect NRI Account Brokerage Comparison
Account Type
Motilal Oswal NRI Investment Account
AxisDirect NRI Account
Equity Delivery
0.50%
0.75%
Equity Futures
0.05%
Equity Options
Intraday: 1p per lot, Carry Forward: ₹10 per lot
Other Charges
Contract Note Reporting Charges
NA
Other Brokerage Charges
PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
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%
Motilal Oswal Vs AxisDirect NRI Account Taxes/Fees
Motilal Oswal
AxisDirect
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)
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.
Motilal Oswal Vs AxisDirect NRI Account Margin
Motilal Oswal Margin
AxisDirect 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.
Motilal Oswal and AxisDirect NRI Account Features
Motilal Oswal
AxisDirect
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
Motilal Oswal Vs AxisDirect NRI Account Review
Motilal Oswal Review
AxisDirect Review
127 Customer Reviews
83 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
Motilal Oswal is Rated 2.3 / 5 based on 127 customer reviews
AxisDirect is Rated 2.0 / 5 based on 83 customer reviews
Contact Broker / Request A Call Back
Motilal Oswal Enquire
AxisDirect Enquire
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.
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.
Motilal Oswal Vs AxisDirect NRI Investment Options
Motilal Oswal
AxisDirect
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Motilal Oswal Vs AxisDirect NRI Customer Service
Motilal Oswal
AxisDirect
Customer Care Number
+91 22 4257 0809
Customer Care Email
Motilal Oswal Vs AxisDirect Order Type Offered for NRI Account
Motilal Oswal
AxisDirect
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Motilal Oswal Vs AxisDirect - NRI Account Advantages and Disadvantages
Motilal Oswal
AxisDirect
Pros
Full-service broker with a range of trading & investment services.
A strong research team that provides investment advice and trade recommendations.
Presence across 2,200 locations in over 500 cities in India.
Offers 4-in-1 account for fast trading experience.
Offers online Mutual Fund, IPO and NCD services.
One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
Free trading and investment recommendations.
Assistance from Relationship Managers.
GTC and AMO orders.
A subsidiary of the reputed Axis Bank.
Cons
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.
It doesn't have offices in any foreign locations.
Brokerage is higher in comparison with discount stock brokers like Zerodha and Prostocks.
The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
Axis does not provide online trading facility to USA based NRI clients.
Conclusion
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.
AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds