Motilal Oswal Vs IIFL Securities NRI Account Comparison
The side-by-side comparison of Motilal Oswal and IIFL Securities NRI Account. Compare Motilal Oswal Vs IIFL Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read IIFL Securities and Motilal Oswal NRI Account reviews.
Find out Motilal Oswal Vs IIFL Securities which is better NRI Trading Account. See Motilal Oswal Vs IIFL Securities which is best NRI Demat Account.
Our Motilal Oswal Securities Ltd comparison with IIFL Securities Ltd highlights the major differences between two brokers. Find the best between Motilal Oswal and IIFL Securities 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...
IIFL Securities is a full-service broker offering online trading services to NRIs. It offers 2-in-1 accounts, combining demat and trading accounts, to NRIs. The 2-in-1 account enables trading across stocks, equity derivatives and investments in Mutua...
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.
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
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 IIFL Securities NRI Account Margin
Motilal Oswal Margin
IIFL Securities 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 IIFL Securities NRI Account Features
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.
Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
Motilal Oswal Vs IIFL Securities NRI Investment Options
Motilal Oswal
IIFL Securities
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Motilal Oswal Vs IIFL Securities NRI Customer Service
Motilal Oswal Vs IIFL Securities Order Type Offered for NRI Account
Motilal Oswal
IIFL Securities
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Motilal Oswal Vs IIFL Securities - NRI Account Advantages and Disadvantages
Motilal Oswal
IIFL Securities
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.
Full-service broker with a dedicated relationship manager, research reports and a wide range of products & services.
Online account opening process for NRIs.
Convenient Mutual Fund investment through a mobile app or website.
Part of IIFL Group, a financial services conglomerate.
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.
Charges high brokerage as compared to discount brokers such as Zerodha and ProStocks.
Doesn't offer an NRI 3-in-1 account. NRIs have to open an NRI bank account and custodian account on their own.
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.
IIFL is a reputed full-service broker. It offers NRI Trading & Demat account facility for NRIs. IIFL also offers an online mutual fund platform to NRIs. IIFL Securities has a dedicated research team that provides insights on the economy and markets to its customers. The company has its offices in multiple locations across the globe that allows NRIs to avail branch services. The brokerage charges are on the higher side which makes it an expensive broker for NRIs.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds
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Open IIFL Securities Account
