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Motilal Oswal Vs Tradingo NRI Account Comparison

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

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

Our Motilal Oswal Securities Ltd comparison with Tradingo (Swastika Investmart Ltd) highlights the major differences between two brokers. Find the best between Motilal Oswal and Tradingo NRI Account.

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Motilal Oswal Vs Tradingo

  Motilal Oswal Tradingo
 
  Motilal Oswal Securities Ltd Logo Tradingo (Swastika Investmart Ltd) Logo
About the Broker Motilal Oswal is one of the most trusted and experienced financial services companies in India. With over three decades of experience, the financial services provider offers comprehensive financial solutions to NRIs across the globe. Motilal Oswal of... Know more about Motilal Oswal Securities Ltd Tradingo is an online broker offering stock market investment and trading services to the resident as well as NRI investors. Tradingo is a part of Swastika Investmart Ltd., a traditional full-service broker with over 29 years of stockbroking experien... Know more about Tradingo (Swastika Investmart Ltd)
Account Type NRI Investment Account NRI Standard Plan
Special Offer
Special Offer: FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes.
Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

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Motilal Oswal Vs Tradingo Charges

  Motilal Oswal Tradingo
NRI Account Opening Fees Free Rs 300
NRI Account AMC Rs 999 Rs 0
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Rs 199 (Free for 1st Year) Rs 250 +GST (From 2nd Year)
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open Motilal Oswal AccountOpen Tradingo Account

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Motilal Oswal Vs Tradingo NRI Account Brokerage Comparison

Account Type Motilal Oswal NRI Investment Account Tradingo NRI Standard Plan
Equity Delivery 0.50% PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade
Equity Futures 0.05% Rs 50 per executed order
Equity Options Rs 100 Rs 50 per executed order
Open Motilal Oswal AccountOpen Tradingo Account

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges Demat Account AMC - Rs 300
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 Tradingo NRI Account Taxes/Fees

  Motilal Oswal Tradingo
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 Tradingo NRI Account Margin

  Motilal Oswal Margin Tradingo 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 Tradingo NRI Account Features

  Motilal Oswal Tradingo
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes No
Other Features
Open Motilal Oswal AccountOpen Tradingo Account

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Motilal Oswal Vs Tradingo NRI Account Review

  Motilal Oswal Review Tradingo Review
  138 Customer Reviews    Rate Motilal Oswal 6 Customer Reviews    Rate Tradingo
Fees 2.7 4.2
Brokerage 2.1 4.7
Trading Platform 2.9 3.5
Customer Service 2.5 3.8
Overall Rating Rated 2.2 stars Rated 4.0 stars
Broker Rating Motilal Oswal is Rated 2.2 / 5 based on 138 customer reviews Tradingo is Rated 4.0 / 5 based on 6 customer reviews
Open Motilal Oswal AccountOpen Tradingo Account

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Contact Broker / Request A Call Back

  Motilal Oswal Enquire Tradingo Enquire
Contact Broker FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes. Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer
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Motilal Oswal Vs Tradingo NRI Investment Options

  Motilal Oswal Tradingo
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options Unlisted Equity (Stocks), ETF, Ready-made Investment Portfolios (IAP), Smallcases, Stock baskets

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Motilal Oswal Vs Tradingo NRI Customer Service

  Motilal Oswal Tradingo
Customer Care Number +91 9667657700,+91 9667658800
Customer Care Email helpdesk@gotradingo.com
Open Motilal Oswal AccountOpen Tradingo Account

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Motilal Oswal Vs Tradingo Order Type Offered for NRI Account

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

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Motilal Oswal Vs Tradingo - NRI Account Advantages and Disadvantages

  Motilal Oswal Tradingo
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.
  • Simple brokerage model.
  • Allows Equity Stocks investment using a non-PIS account.
  • Allows linking the trading account with any NRI bank account opened with a designated bank in India.
  • Offers to trade via mobile app, website, or trading terminal.
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.
  • Only offers a 2-in-1 account which increases the paperwork to open separate NRI bank account with other banks.
  • Higher Brokerage charges for non-PIS account.
  • Clients need to pay to avail of research services.
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.

Tradingo is a discount broker that offers 2-in-1 account services to NRI at ultra-low-cost brokerage charges. You can link or open an NRI bank account with any designated bank of your choice. Tradingo also offers advanced trading platforms to NRI to trade via mobile, web, or desktop software.

Promo / Offers

Motilal Oswal Special Offer

FREE Account Opening (for a limited time only)

  • Get FREE Account Opening,
  • Free Intraday Trades,
  • Free F&O brokerage for 1st Month,
  • FREE Personal Advisor and Research,
  • FREE for 1st Year Demat AMC.

This is a limited-time offer. Simply Open your FREE Demat Account in 5 Minutes.

Tradingo Special Offer

Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Open Motilal Oswal AccountOpen Tradingo Account

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