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Motilal Oswal Vs Finvasia NRI Account Comparison

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

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

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

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Motilal Oswal Vs Finvasia

  Motilal Oswal Finvasia
 
  Motilal Oswal Securities Ltd Logo Finvasia Securities Pvt Ltd 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 Finvasia offers online trading services to NRIs in equity, mutual funds, IPOs and equity F&O. It offers 2-in-1 account, combining a trading and a demat account, to NRIs to invest in various securities across NSE and BSE. Finvasia is the only broker ... Know more about Finvasia Securities Pvt Ltd
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.


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Motilal Oswal Vs Finvasia Charges

  Motilal Oswal Finvasia
NRI Account Opening Fees ₹199
NRI Account AMC ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0 (Free)
NRI Demat Account AMC Free (Rs 400 2nd year onward) Rs 0 per year (Lifetime Zero AMC)
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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Motilal Oswal Vs Finvasia NRI Account Brokerage Comparison

Account Type Motilal Oswal NRI Investment Account Finvasia NRI Account
Equity Delivery 0.50% ₹0
Equity Futures ₹0
Equity Options ₹0

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges ₹0
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 Finvasia NRI Account Taxes/Fees

  Motilal Oswal Finvasia
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 Finvasia NRI Account Margin

  Motilal Oswal Margin Finvasia 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 Finvasia NRI Account Features

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

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Motilal Oswal Vs Finvasia NRI Account Review

  Motilal Oswal Review Finvasia Review
  127 Customer Reviews    Rate Motilal Oswal 50 Customer Reviews    Rate Finvasia
Fees 2.7 4.8
Brokerage 2.2 4.9
Trading Platform 2.9 3.6
Customer Service 2.5 4.3
Overall Rating Rated 2.3 stars Rated 4.5 stars
Broker Rating Motilal Oswal is Rated 2.3 / 5 based on 127 customer reviews Finvasia is Rated 4.5 / 5 based on 50 customer reviews

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Contact Broker / Request A Call Back

  Motilal Oswal Enquire Finvasia 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.
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Motilal Oswal Vs Finvasia NRI Investment Options

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

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Motilal Oswal Vs Finvasia NRI Customer Service

  Motilal Oswal Finvasia
Customer Care Number +91 172 667 0000
Customer Care Email contactus@finvasia.com

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Motilal Oswal Vs Finvasia Order Type Offered for NRI Account

  Motilal Oswal Finvasia
Bracket Order Yes
Cover Order Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No

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Motilal Oswal Vs Finvasia - NRI Account Advantages and Disadvantages

  Motilal Oswal Finvasia
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.
  • Charges zero brokerage to NRIs on Equity, Derivatives and Mutual Fund.
  • Finvasia is a trading and clearing member. NRIs can save custodial charges given to 3rd party.
  • NRIs get access to many advanced trading platforms. Some are free while others have a subscription fee.
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.
  • Finvasia charges technology costs to provide access to some of the trading platforms.
  • It doesn't offer 3-in-1 account to NRIs. The NRIs have to open the NRI Bank Account with Yes Bank or Axis Bank.
  • Despite 3+ years in business, many products are yet to be launched i.e. Margin Funding.
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.

Finvasia is an excellent choice for frequent NRI traders as it doesn't change any brokerage fee. The online trading platform it offers is the industry standard. Advance trading tools are also available. It also offers Algo trading platform to NRIs. Finvaisa also provides demat account and clearing services at a very low price. Finvasia has offices in the UK and Canada.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

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