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Motilal Oswal Vs IDBI Capital NRI Account Comparison

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

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

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

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Motilal Oswal Vs IDBI Capital

  Motilal Oswal IDBI Capital
 
  Motilal Oswal Securities Ltd Logo IDBI Capital Markets and Securities 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 IDBI Bank, a leading private bank in India, offers a wide range of investment options to NRIs through a 3-in-1 account. IDBI Bank offers banking, loans, capital market, PMS, etc. services to NRIs. With the IDBI Bank PIS account, NRIs can buy/sell sha... Know more about IDBI Capital Markets and Securities Ltd
Account Type NRI Investment Account NRI Trading
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 IDBI Capital Charges

  Motilal Oswal IDBI Capital
NRI Account Opening Fees ₹1500
NRI Account AMC ₹0
NRI Demat Account Opening Fees Rs 0 NIL
NRI Demat Account AMC Free (Rs 400 2nd year onward) Rs 450
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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Motilal Oswal Vs IDBI Capital NRI Account Brokerage Comparison

Account Type Motilal Oswal NRI Investment Account IDBI Capital NRI Trading
Equity Delivery 0.50% 0.50%
Equity Futures
Equity Options

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges Processing Charge: ₹75 per transaction
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 IDBI Capital NRI Account Taxes/Fees

  Motilal Oswal IDBI Capital
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 IDBI Capital NRI Account Margin

  Motilal Oswal Margin IDBI Capital 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 IDBI Capital NRI Account Features

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

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Motilal Oswal Vs IDBI Capital NRI Account Review

  Motilal Oswal Review IDBI Capital Review
  127 Customer Reviews    Rate Motilal Oswal 41 Customer Reviews    Rate IDBI Capital
Fees 2.7 3.2
Brokerage 2.2 2.5
Trading Platform 2.9 2.6
Customer Service 2.5 2.8
Overall Rating Rated 2.3 stars Rated 2.6 stars
Broker Rating Motilal Oswal is Rated 2.3 / 5 based on 127 customer reviews IDBI Capital is Rated 2.6 / 5 based on 41 customer reviews

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Contact Broker / Request A Call Back

  Motilal Oswal Enquire IDBI Capital 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 IDBI Capital NRI Investment Options

  Motilal Oswal IDBI Capital
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

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Motilal Oswal Vs IDBI Capital NRI Customer Service

  Motilal Oswal IDBI Capital
Customer Care Number 1800-22-3366, 022-3913 5001
Customer Care Email custcare@idbidirect.in

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Motilal Oswal Vs IDBI Capital Order Type Offered for NRI Account

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

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Motilal Oswal Vs IDBI Capital - NRI Account Advantages and Disadvantages

  Motilal Oswal IDBI Capital
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.
  • Offers 3-in-1 accounts which makes the trading experience fast and smooth.
  • Provides research and recommendation tips.
  • Offers instant online account opening facility.
  • Works as a custodial to settle equity derivatives trades for NRIs.
  • Offers in-house mutual funds under different segments.
  • After Market Order (AMO) facility.
  • Equity SIP is available.
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.
  • Brokerage charges are comparatively higher than discount brokers.
  • Online trading is not available to USA and Canada based NRIs.
  • Offers comparatively lower interest rates on NRI savings bank 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.

IDBI is a full-service broker offering a range of investment options to NRIs. IDBI NRI 3-in-1 Account makes stock market investment simple and hassle-free. NRIs also get RM assistance and investment advice from experts. It has a network across 40+ countries to offer NRI services. The broker also works as a custodian for trade clearance and settlement which reduces the extra cost for NRIs. IDBI is recommended for NRIs who are a casual investor and prefer convenience over the trading costs.

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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