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Motilal Oswal Vs Alice Blue NRI Account Comparison

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

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

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

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Motilal Oswal Vs Alice Blue

  Motilal Oswal Alice Blue
 
  Motilal Oswal Securities Ltd Logo Alice Blue Financial Services Logo
About the Broker 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... Know more about Motilal Oswal Securities Ltd Alice Blue does not offer NRI trading and demat account. As per the company representative on 22nd Nov 2019, ' We wish to inform you that currently, we are not offering our services to NRIs, only Resident Indians can open an account with... Know more about Alice Blue Financial Services
Account Type NRI Investment Account NA
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Motilal Oswal Vs Alice Blue Charges

  Motilal Oswal Alice Blue
NRI Account Opening Fees NA
NRI Account AMC NA
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Free (Rs 400 2nd year onward) Rs 400
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Motilal Oswal Vs Alice Blue NRI Account Brokerage Comparison

Account Type Motilal Oswal NRI Investment Account Alice Blue NA
Equity Delivery 0.50% NA
Equity Futures NA
Equity Options NA
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Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges NA
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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Motilal Oswal Vs Alice Blue NRI Account Taxes/Fees

  Motilal Oswal Alice Blue
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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Motilal Oswal Vs Alice Blue NRI Account Margin

  Motilal Oswal Margin Alice Blue 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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Motilal Oswal and Alice Blue NRI Account Features

  Motilal Oswal Alice Blue
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes No
Other Features
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Motilal Oswal Vs Alice Blue NRI Account Review

  Motilal Oswal Review Alice Blue Review
  118 Customer Reviews    Rate Motilal Oswal 32 Customer Reviews    Rate Alice Blue
Fees 2.8 3.8
Brokerage 2.3 3.7
Trading Platform 2.9 3.6
Customer Service 2.6 3.0
Overall Rating Rated 2.4 stars Rated 3.4 stars
Broker Rating Motilal Oswal is Rated 2.4 / 5 based on 118 customer reviews Alice Blue is Rated 3.4 / 5 based on 32 customer reviews
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Contact Broker / Request A Call Back

  Motilal Oswal Enquire Alice Blue Enquire
Contact Broker Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer
Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open FREE Instant Account online with Alice Blue and start trading today.
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Motilal Oswal Vs Alice Blue NRI Investment Options

  Motilal Oswal Alice Blue
Stocks Yes No
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Other Investment Options

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Motilal Oswal Vs Alice Blue NRI Customer Service

  Motilal Oswal Alice Blue
Customer Care Number
Customer Care Email
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Motilal Oswal Vs Alice Blue Order Type Offered for NRI Account

  Motilal Oswal Alice Blue
Bracket Order No
Cover Order No
After Market Order(AMO) No
Good Till Cancelled (GTC) No

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Motilal Oswal Vs Alice Blue - NRI Account Advantages and Disadvantages

  Motilal Oswal Alice Blue
Pros
  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. 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.
  • Alice Blue does not offer NRI trading and demat account.
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.

Alice Blue, the Bangalore based financial service provider, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks.

If you recently become an NRI and have a resident account with Alice Blue, you have to close it and open a new account with another broker who offers NRI services.

Promo / Offers

Get Zero AMC for Lifetime

Motilal Oswal offers Zero AMC for Lifetime Demat Account (Rs 400 waived) with Rs 25k margin or Rs 3k prepaid value pack. Also avail Rs 3k woth of discount vouchers, Rs 1000 worth of Me-Gold, free access to research & advice and free use of trading platform.

This is a limited time offer. Simply leave your contact information with us and Motilal Oswal representatives will contact you.

Free Equity Delivery Trade + FREE Account Opening

Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open FREE Instant Account online with Alice Blue and start trading today.

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