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Motilal Oswal Vs Tradeplus NRI Account Comparison

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

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

Our Motilal Oswal Securities Ltd comparison with Tradeplus (Navia Markets Ltd) highlights the major differences between two brokers. Find the best between Motilal Oswal and Tradeplus NRI Account.

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Motilal Oswal Vs Tradeplus

  Motilal Oswal Tradeplus
 
  Motilal Oswal Securities Ltd Logo Tradeplus (Navia Markets 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 Tradeplus is one of the first brokerage firms to offer online trading services to NRIs. Tradeplus offers 4-in-1 accounts which include NRI SB Account, NRI Demat account, NRI trading account, and PAN Account. The broker allows NRIs to open NRO account... Know more about Tradeplus (Navia Markets 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 Tradeplus Charges

  Motilal Oswal Tradeplus
NRI Account Opening Fees ₹500
NRI Account AMC ₹1000 p.a or ₹2500 Life Time AMC for 10yrs
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Free (Rs 400 2nd year onward) Rs 0
PIS Account AMC NA ₹1500
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Motilal Oswal Vs Tradeplus NRI Account Brokerage Comparison

Account Type Motilal Oswal NRI Investment Account Tradeplus NRI Account
Equity Delivery 0.50% 0.40% for NRE and 0.10% for NRO
Equity Futures ₹49 per executed trade
Equity Options ₹49 per executed trade
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Other Charges

Contract Note Reporting Charges NA PIS- ₹150 and Non-PIS- ₹200
Other Brokerage Charges Regular plan: ₹200 per CRF; Direct Plan: No charges
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 Tradeplus NRI Account Taxes/Fees

  Motilal Oswal Tradeplus
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 Tradeplus NRI Account Margin

  Motilal Oswal Margin Tradeplus 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 Tradeplus NRI Account Features

  Motilal Oswal Tradeplus
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes No
Other Features BTSL (Buy Today Sell Tomorrow) Order, Call & trade, ESOP trading
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Motilal Oswal Vs Tradeplus NRI Account Review

  Motilal Oswal Review Tradeplus Review
  128 Customer Reviews    Rate Motilal Oswal 37 Customer Reviews    Rate Tradeplus
Fees 2.7 3.4
Brokerage 2.2 4.1
Trading Platform 2.9 2.8
Customer Service 2.5 2.6
Overall Rating Rated 2.3 stars Rated 2.9 stars
Broker Rating Motilal Oswal is Rated 2.3 / 5 based on 128 customer reviews Tradeplus is Rated 2.9 / 5 based on 37 customer reviews
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Contact Broker / Request A Call Back

  Motilal Oswal Enquire Tradeplus 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 Tradeplus NRI Investment Options

  Motilal Oswal Tradeplus
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options IPO, ETFs, Bonds

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Motilal Oswal Vs Tradeplus NRI Customer Service

  Motilal Oswal Tradeplus
Customer Care Number + 91 44 39189469 / 470
Customer Care Email nri@tradeplusonline.com
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Motilal Oswal Vs Tradeplus Order Type Offered for NRI Account

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

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Motilal Oswal Vs Tradeplus - NRI Account Advantages and Disadvantages

  Motilal Oswal Tradeplus
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.
  • Experience of 15+ years in providing NRI financial services.
  • Offers a 4-in-1 trading account.
  • ESOP Trading is allowed for NRIs.
  • Margin trading and BTST (Buy Today and Sell Tomorrow) are offered for NRO Account.
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.
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.

Tradeplus is an excellent choice for NRI traders who want to trade using their NRO accounts. For such investors, the broker provides special facilities like margin trading and BTST (Buy Today and Sell Tomorrow) under NRO accounts which is not available with any other stock broker. The discount broker offers a 4-in-1 account in collaboration with Yes, HDFC and Axis bank which makes trading more convenient. However, the charges for call & trade services are on a higher side.

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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