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Motilal Oswal Vs Achiievers Equities Share Broker Comparison

The side-by-side comparison of Motilal Oswal Securities Ltd and Achiievers Equities Ltd stock brokers in India. The comparison below highlights the similarities and differences between Motilal Oswal and Achiievers Equities's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Motilal Oswal and Achiievers Equities.

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
 
Motilal Oswal Securities Ltd Logo Achiievers Equities Ltd Logo
About the Broker 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 Fun... Know more about Motilal Oswal Securities Ltd Incorporated in 2010, Achiievers Equities Ltd is an online discount brokerage firm offering brokerage services for stocks, future and options, currency and commodities on NSE, BSE & MCX. Achiievers offers a whole new way of trading going with the ... Know more about Achiievers Equities Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX NSE, BSE and MCX
Account Type Standard Account Flat Fee Plan
Broker Enquiry Open an Online Trading Account with Motilal Oswal. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Achiievers Equities. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
Trading Account Opening Fees ₹0 Rs 750
Trading Account AMC ₹0 Nil
Demat Account Opening Fees ₹0 Nil
Demat Account AMC ₹299 (1st year free) Rs 400
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
Account Type Standard Account Flat Fee Plan
Fixed Charges
Equity Delivery Brokerage 0.15% to 0.50% Rs 15
Equity Intraday Brokerage 0.015% to 0.05% Rs 15
Equity Futures Brokerage 0.015% to 0.05% Rs 15
Equity Options Brokerage ₹25 to ₹100 per Lot Rs 15
Currency Futures Trading Brokerage 0.05% Rs 15
Currency Options Trading Brokerage ₹20 per Lot Rs 15
Commodity Futures Trading Brokerage 0.05% Rs 15
Commodity Options Trading Brokerage No

Brokerage Plan 2

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
Account Type Standard Account Mega Value Plan
Fixed Charges Rs 750
Equity Delivery Brokerage 0.15% to 0.50% Rs 0
Equity Intraday Brokerage 0.015% to 0.05% Rs 0
Equity Futures Brokerage 0.015% to 0.05% Rs 0
Equity Options Brokerage ₹25 to ₹100 per Lot Rs 0
Currency Futures Trading Brokerage 0.05% Rs 0
Currency Options Trading Brokerage ₹20 per Lot Rs 0
Commodity Futures Trading Brokerage 0.05% Rs 0
Commodity Options Trading Brokerage No

Brokerage Plan 3

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
Account Type Standard Account Rs 50 per day each segment
Fixed Charges NA
Equity Delivery Brokerage 0.15% to 0.50% Rs 0
Equity Intraday Brokerage 0.015% to 0.05% Rs 0
Equity Futures Brokerage 0.015% to 0.05% Rs 0
Equity Options Brokerage ₹25 to ₹100 per Lot Rs 0
Currency Futures Trading Brokerage 0.05% Rs 0
Currency Options Trading Brokerage ₹20 per Lot Rs 0
Commodity Futures Trading Brokerage 0.05% Rs 0
Commodity Options Trading Brokerage No

Other Charges

Minimum Brokerage Charges ₹25 for Delivery and ₹12 for Intraday Rs 15
Other Brokerage Charges Minimum balance: ₹1,000
Call & Trade Charges Nil Rs 20 per trade
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Taxes

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
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)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • 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)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
Equity Delivery NSE: 0.00335% | BSE: 0.01% ₹350 per Crore
Equity Intraday NSE: 0.00325% | BSE: 0.002% ₹350 per Crore
Equity Futures 0.002% ₹390 per Crore
Equity Options NSE 0.0511% | BSE 0.002% (on premium) ₹7500 per Crore
Currency Futures 0.00125% ₹175 per Crore
Currency Options 0.042% (on premium) ₹6500 per Crore
Commodity MCX: 0.0025% MCX Agri ₹325 | Non Agri ₹460 per Crore
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Exposure

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
Equity Delivery 4 times Nil
Equity Intraday 20 time for Margin+ (Over 140 Stocks), 4 times for other stocks Upto 5x
Equity Futures Intraday: 3 times | Carry forward position: no exposure Upto 2x
Equity Options No exposure NA
Currency Futures NA NA
Currency Options NA Upto 2x
Commodity Intraday: 3 times | Carry forward position: no exposure Upto 4x
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Share Broker Features

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Orion Lite, MO Trader App NOW Online, NOW Trader
Intraday Square-off Time 3:15 PM
Other Features
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Broker Ratings (Average User Rating)

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
  79 Customer Reviews    Rate Motilal Oswal 4 Customer Reviews    Rate Achiievers Equities
Fees Ratings 2.9 4.5
Trading Brokerage Rating 2.5 5.0
Trading Platform Usability 3.1 4.3
Customer Service Ratings 2.8 4.3
Overall Ratings Rated 2.7 stars Rated 4.8 stars
Broker Rating Motilal Oswal is Rated 2.7 / 5 based on 79 customer reviews Achiievers Equities is Rated 4.8 / 5 based on 4 customer reviews
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Contact Broker / Request A Call Back

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
Contact / Request Call Back
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Investment Options Available

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (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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Customer Service Offered

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
24/7 Customer Service Yes No
Onine Live Chat No Yes
Through Branches Yes Yes
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Order Type

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes
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Research / Tips / Reports Published

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Suitable for Investor Category

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes Yes

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Pros, Cons and Other Review Comments

  Motilal Oswal Securities Ltd Achiievers Equities Ltd
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.

More Advantages...

  1. Achiievers Equities offer 3-in-1 account.
  2. MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX.
  3. Rs 50 per day plan and Rs 15 per trade plan is also available.
  4. Trading Software's including website, mobile app and installable trading terminals are available for free.
  5. No minimum brokerage.
  6. Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).

More Advantages...

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.

More Disadvantages...

  • Call and trade facility available with additional charges of Rs 20 per trade.
  • They charge Rs 75 per month for Research recommendation on SMS.

More Disadvantages...

Reviews
Promo / Offers

Free (Trading & Demat Account) + Free Brokerage for 1st Month

Motilal Oswal offers FREE Trading + Demat Account (₹500 waived). You can also avail free brokerage for first month, 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.

Enquire about Motilal Oswal Enquire about Achiievers Equities
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