Motilal Oswal Vs Achiievers (Compare Motilal Oswal and Achiievers)


Motilal Oswal
Incorporated in 1987, Motilal Oswal Securities Ltd. (MOSL) is a Mumbai, India based diversified financial services firm. The company offers trading services in Equity, Commodity, Currency and Derivatives. It also offers other products like Mutual Funds, IPOs, Gold, Insurance and Fixed Income products. MOSL is widely recognized for its MOAMC discretionary Portfolio Management Service (PMS). The PMS has a strong track record and consistently outperformed the benchmark across market cycles since it... Know more about Motilal Oswal Securities Ltd


Achiievers
Incorporated in 1999, Achiievers Equities Ltd is an online discount brokerage firm offering brokerage services for stocks, futures, and options, currency and commodities on NSE, BSE & MCX. Achiievers offers a whole new way of trading going with the tagline "Making Money Differently", made it simple wherein a client pays a nominal brokerage charge of either Rs 50 per day for Unlimited Trade or Rs 750 for unlimited trading for the entire month or can opt for a suitable brokerage plan as per con... Know more about Achiievers Equities Ltd

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Motilal Oswal Vs Achiievers

Incorporated in 1987, Motilal Oswal is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 305 branches across India. Incorporated in 2012, Achiievers is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 branches across India.

  Motilal Oswal Achiievers
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE, BSE and MCX
Year of Incorporation 1987 2012
Number of Branches 305 1
Open an Online Trading Account with Motilal Oswal.Open an Online Trading Account with Achiievers.
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Motilal Oswal Vs Achiievers Charges & AMC

Motilal Oswal trading account opening charges is Rs 0 while Achiievers account opening changes is Rs 150. Motilal Oswal Demat Account AMC Charges is Free (Rs 400 2nd year onward) and Achiievers Demat Account AMC Charges is Rs 400.

  Motilal Oswal Achiievers
Trading Account Opening Charges Rs 0 Rs 150
Trading Account AMC Charges Rs 0 Nil
Demat Account Opening Charges Rs 0 Nil
Demat Account AMC Charges Free (Rs 400 2nd year onward) Rs 400
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Motilal Oswal Vs Achiievers Brokerage Charges & Plans

Motilal Oswal Vs Achiievers Brokerage

Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas Achiievers brokerage charges for equity is Rs 15 and intraday is Rs 15.

  Motilal Oswal Achiievers
Account Type Default Plan Flat Fee Plan
Fixed Charges NA
Equity Delivery 0.50% Rs 15
Equity Intraday 0.05% (both side) Rs 15
Equity Futures 0.05% (both side) Rs 15
Equity Options Rs 100 per lot (both side) Rs 15
Currency Futures Rs 20 per lot (both side) Rs 15
Currency Options Rs 20 per lot (both side) Rs 15
Commodity Futures 0.05% (both side) Rs 15
Commodity Options
Special Offer
Special Offer: Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer

Motilal Oswal Vs Achiievers Brokerage Plan 2

  Motilal Oswal Achiievers
Account Type Value Pack (VP2KLT) Mega Value Plan
Fixed Charges Rs 2000 (one time fee) Rs 750 (Per Segment)
Equity Delivery 0.40% Rs 1 per executed order
Equity Intraday 0.04% (both side) Rs 1 per executed order
Equity Futures 0.04% (both side) Rs 1 per executed order
Equity Options Rs 50 per lot (both side) Rs 1 per executed order
Currency Futures Rs 22 per lot (both side) Rs 1 per executed order
Currency Options Rs 22 per lot (both side) Rs 1 per executed order
Commodity Futures 0.04% (both side) Rs 1 per executed order
Commodity Options Rs 1 per executed order
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Motilal Oswal Vs Achiievers Brokerage Plan 3

  Motilal Oswal Achiievers
Account Type Value Pack (VP1LACLT) Per Day Plan
Fixed Charges Rs 1,00,000 (one time fee) Rs 50 per day (each segment)
Equity Delivery 0.10% Rs 1 per executed order
Equity Intraday 0.01% (both side) Rs 1 per executed order
Equity Futures 0.01% (both side) Rs 1 per executed order
Equity Options Rs 20 per lot (both side) Rs 1 per executed order
Currency Futures Rs 10 per lot (both side) Rs 1 per executed order
Currency Options Rs 10 per lot (both side) Rs 1 per executed order
Commodity Futures 0.01% (both side) Rs 1 per executed order
Commodity Options Rs 1 per executed order
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Motilal Oswal Charges Vs Achiievers

Minimum Brokerage Rs 25 for Delivery and Rs 12 for Intraday Rs 15
Other Charges Minimum balance: Rs 1,000
Call & Trade Charges Nil Rs 20 per trade
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Motilal Oswal Vs Achiievers Transaction Charges

Motilal Oswal transaction charges for options is NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) while Achiievers exchange transaction charges for options is Rs 7500 per Cr (0.075%).

  Motilal Oswal Achiievers
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 1000 per Cr (0.01%) (each side) Rs 350 per Cr (0.0035%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 200 per Cr (0.002%) (each side) Rs 350 per Cr (0.0035%)
Equity Futures Rs 200 per Cr (0.002%) Rs 390 per Cr (0.0039%)
Equity Options NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) Rs 7500 per Cr (0.075%)
Currency Futures Rs 125 per Cr (0.00125%) Rs 175 per Cr (0.00175%)
Currency Options Rs 4200 per Cr (0.042%)(on premium) Rs 6500 per Cr (0.065%)
Commodity MCX: Rs 250 per Cr (0.0025%) MCX Agri Rs 325 per Cr (0.00325%) | Non Agri Rs 460 per Cr (0.0046%)
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Motilal Oswal Vs Achiievers Leverage (Margin)

Motilal Oswal margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Achiievers margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Motilal Oswal Achiievers
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Motilal Oswal and Achiievers Features

The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. Achiievers offers NOW Online, NOW Trader trading software.

  Motilal Oswal Achiievers
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Orion Lite, MO Trader App NOW Online, NOW Trader
Intraday Square-off Time 3:15 PM
Other Features
Referral Program Yes Yes
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Motilal Oswal Vs Achiievers Review

Motilal Oswal is rated 2.4 of 5 based on 114 customer reviews whereas Achiievers is rated 4.6 of 5 based on 5 customer reviews.

  Motilal Oswal Achiievers
  114 Customer Reviews    Rate Motilal Oswal 5 Customer Reviews    Rate Achiievers
Fees 2.8 4.6
Brokerage 2.3 5.0
Trading Platform 2.9 4.2
Customer Service 2.6 4.2
Research Capabilities 2.4 3.0
Overall Ratings Rated 2.4 stars Rated 4.6 stars
Broker Rating Motilal Oswal is rated 2.4 of 5 based on 114 customer reviews Achiievers is rated 4.6 of 5 based on 5 customer reviews
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Contact Broker / Request A Call Back

  Motilal Oswal Enquire Achiievers Enquire
Contact Broker Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer
Leave your contact information and we will get in touch with you....
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Motilal Oswal Vs Achiievers Investment Options

  Motilal Oswal Achiievers
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options PMS, Fixed Deposits, Insurance, Derivatives
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Motilal Oswal Vs Achiievers Order Type Offered

  Motilal Oswal Achiievers
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes
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Motilal Oswal Vs Achiievers Research Report

  Motilal Oswal Achiievers
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Motilal Oswal Vs Achiievers Suitable For Investor Type

  Motilal Oswal Achiievers
Casual Investor
Active Investor
Trader Yes Yes
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Motilal Oswal Vs Achiievers - Pros and Cons

  Motilal Oswal Achiievers
Pros
  • Over 8.5 Lakh customers. One of the largest stock broker in India with PAN India coverage across 1,900+ locations in over 500 cities.
  • Provides daily, weekly, monthly, quarterly & yearly reports across asset class. Advice across Equity, Derivatives, Commodity, Currency and Mutual Funds.
  • Motilal Oswal offers customized brokerage schemes suited to your trading requirements. The cost depends on the scheme that you choose while opening your trading account.
  • Value pack brokerage plans are available for frequent traders.
  1. MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX.
  2. Rs 50 per day plan and Rs 15 per trade plan is also available.
  3. Trading Software's including website, mobile app and installable trading terminals are available for free.
  4. No minimum brokerage.
  5. Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).
Cons
  • Margin Deposit Rs 10,000+ is required
  • In order to use our Online Trading Platform, you will be required to have a demat account with Motilal Oswal. You cannot use your existing demat account.
  • Call and trade facility available with additional charges of Rs 20 per trade.
  • They charge Rs 75 per month for Research recommendation on SMS.
Reviews
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.

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