The side-by-side comparison of Motilal Oswal Securities Ltd and Aditya Birla Money Ltd stock brokers in India. The comparison below highlights the similarities and differences between Motilal Oswal and Aditya Birla Money'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 Aditya Birla Money.
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...
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and i...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
Standard Account
Broker Enquiry
Stock Broker Fees / Charges
Motilal Oswal Securities Ltd
Aditya Birla Money 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 436
Demat Account is Mandatory?
No
No
Trading Brokerage Charges
Brokerage Plan 1
Motilal Oswal Securities Ltd
Aditya Birla Money Ltd
Account Type
Standard Account
Fixed Charges
Equity Delivery Brokerage
0.15% to 0.50%
0.30%
Equity Intraday Brokerage
0.015% to 0.05%
0.03%
Equity Futures Brokerage
0.015% to 0.05%
0.03%
Equity Options Brokerage
₹25 to ₹100 per Lot
Rs 50 per lot
Currency Futures Trading Brokerage
0.05%
0.03%
Currency Options Trading Brokerage
₹20 per Lot
Rs 50 per lot
Commodity Futures Trading Brokerage
0.05%
0.03%
Commodity Options Trading Brokerage
No
Nil
Other Charges
Minimum Brokerage Charges
₹25 for Delivery and ₹12 for Intraday
Rs 20 per executed order
Other Brokerage Charges
Minimum balance: ₹1,000
Call & Trade Charges
Nil
Nil
Taxes
Motilal Oswal Securities Ltd
Aditya Birla Money 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.
Transaction Charges
Motilal Oswal Securities Ltd
Aditya Birla Money Ltd
Equity Delivery
NSE: 0.00335% | BSE: 0.01%
0.00325%
Equity Intraday
NSE: 0.00325% | BSE: 0.002%
0.00325%
Equity Futures
0.002%
0.0019%
Equity Options
NSE 0.0511% | BSE 0.002% (on premium)
0.05%
Currency Futures
0.00125%
0.0011%
Currency Options
0.042% (on premium)
0.04%
Commodity
MCX: 0.0025%
MCX - 0.003%, NCDEX - 0.004%
Exposure
Motilal Oswal Securities Ltd
Aditya Birla Money Ltd
Equity Delivery
4 times
Upto 5x with interest
Equity Intraday
20 time for Margin+ (Over 140 Stocks), 4 times for other stocks
15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product
Equity Futures
Intraday: 3 times | Carry forward position: no exposure
Upto 3x
Equity Options
No exposure
Nil
Currency Futures
NA
3x
Currency Options
NA
Nil
Commodity
Intraday: 3 times | Carry forward position: no exposure
4x
Share Broker Features
Motilal Oswal Securities Ltd
Aditya Birla Money Ltd
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
Orion Lite, MO Trader App
Etrade, Advanced web, Mobile invest
Intraday Square-off Time
3:15
Other Features
Insurance and Pension scheme available
Broker Ratings (Average User Rating)
Motilal Oswal Securities Ltd
Aditya Birla Money Ltd
79 Customer Reviews
11 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Motilal Oswal is Rated 2.7 / 5 based on 79 customer reviews
Aditya Birla Money is Rated 2.4 / 5 based on 11 customer reviews
Contact Broker / Request A Call Back
Motilal Oswal Securities Ltd
Aditya Birla Money Ltd
Contact / Request Call Back
Investment Options Available
Motilal Oswal Securities Ltd
Aditya Birla Money Ltd
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
PMS, Fixed Deposits, Insurance, Derivatives
Mutual Funds
Customer Service Offered
Motilal Oswal Securities Ltd
Aditya Birla Money Ltd
24/7 Customer Service
Onine Live Chat
Through Branches
Order Type
Motilal Oswal Securities Ltd
Aditya Birla Money Ltd
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Research / Tips / Reports Published
Motilal Oswal Securities Ltd
Aditya Birla Money Ltd
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Suitable for Investor Category
Motilal Oswal Securities Ltd
Aditya Birla Money Ltd
Casual Investor
Active Investor
Trader
Pros, Cons and Other Review Comments
Motilal Oswal Securities Ltd
Aditya Birla Money 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.
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.
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.
Zerodha
Zero Account Opening Fee