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Motilal Oswal Vs Trustline NRI Account Comparison

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

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

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

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Motilal Oswal Vs Trustline

  Motilal Oswal Trustline
 
  Motilal Oswal Securities Ltd Logo Trustline 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 Trustline Securities is a full-service broker offering trading and investment services in equity, F&O, mutual fund, FDs, and bonds to both resident and non-resident Indian investors. The broker offers customized investment solutions across wealth man... Know more about Trustline Securities Ltd
Account Type NRI Investment Account
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Motilal Oswal Vs Trustline Charges

  Motilal Oswal Trustline
NRI Account Opening Fees ₹0
NRI Account AMC ₹1000 + GST
NRI Demat Account Opening Fees Rs 0 Regular: Rs 0, Lifetime Free AMC: Rs 1000
NRI Demat Account AMC Free (Rs 400 2nd year onward) Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Motilal Oswal Vs Trustline NRI Account Brokerage Comparison

Account Type Motilal Oswal NRI Investment Account Trustline
Equity Delivery 0.50% 0.03 (3 paise)
Equity Futures 0.30 (30 paise)
Equity Options ₹75 per lot
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Other Charges

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

  Motilal Oswal Trustline
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 Trustline NRI Account Margin

  Motilal Oswal Margin Trustline 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 Trustline NRI Account Features

  Motilal Oswal Trustline
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
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Motilal Oswal Vs Trustline NRI Account Review

  Motilal Oswal Review Trustline Review
  122 Customer Reviews    Rate Motilal Oswal 3 Customer Reviews    Rate Trustline
Fees 2.8 3.3
Brokerage 2.3 2.7
Trading Platform 3.0 3.7
Customer Service 2.6 3.3
Overall Rating Rated 2.4 stars Rated 3.3 stars
Broker Rating Motilal Oswal is Rated 2.4 / 5 based on 122 customer reviews Trustline is Rated 3.3 / 5 based on 3 customer reviews
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Contact Broker / Request A Call Back

  Motilal Oswal Enquire Trustline Enquire
Contact Broker Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer
Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
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Motilal Oswal Vs Trustline NRI Investment Options

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

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Motilal Oswal Vs Trustline NRI Customer Service

  Motilal Oswal Trustline
Customer Care Number (0120) 4613-888
Customer Care Email helpdesk@trustline.in
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Motilal Oswal Vs Trustline Order Type Offered for NRI Account

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

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Motilal Oswal Vs Trustline - NRI Account Advantages and Disadvantages

  Motilal Oswal Trustline
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 web and mobile app-based NRI trading and investment platform.
  • Charges lower brokerage for investing in equity and equity derivatives.
  • Doesn't have a minimum brokerage charge which is good for small investors.
  • Offers research-based fundamental and technical analysis which helps in taking a better investment decision.
  • Allows US and Canada based NRIs to trade and invest in the stock market through Trustline trading forms.
  • Trustline works as a clearing and settlement member which reduces the overall cost for investors.
  • Facilitates IPO bidding for resident and non-resident Indian investors.
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.
  • Doesn't offer a 3-in-1 account which means NRIs cannot open all the accounts at a single platform. It also means NRIs have to first transfer funds to PIS account before placing orders.
  • Doesn't offer Bracket Order facility.
  • Doesn't offer AMO (After Market Order) and GTC (Good' Till Cancelled) orders for investors.
  • Allows only Axis bank to open NRI 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.

Trustline Securities is a good choice for both casual and frequent traders. The full-service broker offers depository services and research tips for NRIs. It also allows US and Canada based NRIs after filling FATCA and FEMA declaration form. The brokerage charges are quite low as compared to other full-service brokers in India. The broker also offers good web and mobile trading platforms in addition to a dedicated mobile app for mutual fund investments. Call n Trade facility and IPO application services are other features that make Trustline a good choice as an NRI stockbroker. The only major disadvantage with the broker is that it only allows Axis Bank accounts to be linked with its trading account. So, if you have Axis NRI bank accounts then its an excellent choice else you have to transfer your bank accounts to trade with Trustline.

Promo / Offers

Get Zero AMC for Lifetime

Motilal Oswal offers Zero AMC for Lifetime Demat Account (Rs 400 waived) with Rs 25k margin or Rs 3k prepaid value pack. Also avail Rs 3k woth of discount vouchers, Rs 1000 worth of Me-Gold, free access to research & advice and free use of trading platform.

This is a limited time offer. Simply leave your contact information with us and Motilal Oswal representatives will contact you.

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening.

This is a limited time offer. Simply leave your contact information with us and Trustline representatives will contact you.

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