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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 | Finvasia | |
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| 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...  |
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 |
| Broker Enquiry |
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| 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 | Finvasia | |
|---|---|---|
| Account Type | NRI Investment Account | NRI Account |
| Equity Delivery | 0.50% | ₹0 |
| Equity Futures | ₹0 | |
| Equity Options | ₹0 |
| 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 | Finvasia | |
|---|---|---|
| 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. |
| Motilal Oswal | Finvasia | |
|---|---|---|
| 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 | Finvasia | |
|---|---|---|
| 3-in-1 Account |  |
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| Automated Trading | |
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| Free Research And Tips | |
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| Motilal Oswal | Finvasia | |
|---|---|---|
115 Customer Reviews  |
43 Customer Reviews |
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| Broker Rating | Motilal Oswal is Rated 2.4 / 5 based on 115 customer reviews | Finvasia is Rated 4.5 / 5 based on 43 customer reviews |
| Motilal Oswal | Finvasia | |
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| Motilal Oswal | Finvasia | |
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| Motilal Oswal | Finvasia | |
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| Customer Care Number | +91 172 667 0000 | |
| Customer Care Email | contactus@finvasia.com |
| Motilal Oswal | Finvasia | |
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| Good Till Cancelled (GTC) | |
| Motilal Oswal | Finvasia | |
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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 |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Contact Motilal Oswal
