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.
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...
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 ...
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 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
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%
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)
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 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.
Motilal Oswal and Finvasia NRI Account Features
Motilal Oswal
Finvasia
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
Motilal Oswal Vs Finvasia NRI Account Review
Motilal Oswal Review
Finvasia Review
127 Customer Reviews
50 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
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
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.
Motilal Oswal Vs Finvasia NRI Investment Options
Motilal Oswal
Finvasia
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Motilal Oswal Vs Finvasia NRI Customer Service
Motilal Oswal
Finvasia
Customer Care Number
+91 172 667 0000
Customer Care Email
contactus@finvasia.com
Motilal Oswal Vs Finvasia Order Type Offered for NRI Account
Motilal Oswal
Finvasia
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Motilal Oswal Vs Finvasia - NRI Account Advantages and Disadvantages
Motilal Oswal
Finvasia
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.
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
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.
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
