|
|
About 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... 
About Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL.
AliceBlue offers one simple brokerage plans, Freedom 15 (F15) to its customers. The flat fee brokerage plan F15 minimizes the brokerage fee so that customers incur the lowest cost while trading. It is a discount brokerage plan which offers brokerages free equi...
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 , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.
| Motilal Oswal | Alice Blue | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 1987 | |
| Number of Branches | 305 | |
| Open Alice Blue Account |
Motilal Oswal trading account opening charges is Rs 0 while Alice Blue account opening changes is Rs 150. Motilal Oswal Demat Account AMC Charges is Free (Rs 400 2nd year onward) and Alice Blue Demat Account AMC Charges is Rs 400.
| Motilal Oswal | Alice Blue | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 150 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Free (Rs 400 2nd year onward) | Rs 400 |
Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.01% whichever is lower.
| Account Type | Motilal Oswal Default Plan | Alice Blue Freedom 15 |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.50% | Rs 0 (Free) |
| Equity Intraday | 0.05% (both side) | Rs 15 per order or 0.01% whichever is lower |
| Equity Futures | 0.05% (both side) | Rs 15 per order or 0.01% whichever is lower |
| Equity Options | Rs 100 per lot (both side) | Rs 15 per order |
| Currency Futures | Rs 20 per lot (both side) | Rs 15 per order or 0.01% whichever is lower |
| Currency Options | Rs 20 per lot (both side) | Rs 15 per order |
| Commodity Futures | 0.05% (both side) | Rs 15 per order or 0.01% whichever is lower |
| Commodity Options | Rs 15 per order | |
| 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: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.
|
| Motilal Oswal | Alice Blue | |
|---|---|---|
| Account Type | Value Pack (VP2KLT) | Freedom 15 |
| Fixed Charges | Rs 2000 (one time fee) | |
| Equity Delivery | 0.40% | Rs 0 (Free) |
| Equity Intraday | 0.04% (both side) | Rs 15 per order or 0.01% whichever is lower |
| Equity Futures | 0.04% (both side) | Rs 15 per order or 0.01% whichever is lower |
| Equity Options | Rs 50 per lot (both side) | Rs 15 per order |
| Currency Futures | Rs 22 per lot (both side) | Rs 15 per order or 0.01% whichever is lower |
| Currency Options | Rs 22 per lot (both side) | Rs 15 per order |
| Commodity Futures | 0.04% (both side) | Rs 15 per order or 0.01% whichever is lower |
| Commodity Options | Rs 15 per order | |
| Open Alice Blue Account |
| Motilal Oswal | Alice Blue | |
|---|---|---|
| Account Type | Value Pack (VP1LACLT) | Freedom 15 |
| Fixed Charges | Rs 1,00,000 (one time fee) | |
| Equity Delivery | 0.10% | Rs 0 (Free) |
| Equity Intraday | 0.01% (both side) | Rs 15 per order or 0.01% whichever is lower |
| Equity Futures | 0.01% (both side) | Rs 15 per order or 0.01% whichever is lower |
| Equity Options | Rs 20 per lot (both side) | Rs 15 per order |
| Currency Futures | Rs 10 per lot (both side) | Rs 15 per order or 0.01% whichever is lower |
| Currency Options | Rs 10 per lot (both side) | Rs 15 per order |
| Commodity Futures | 0.01% (both side) | Rs 15 per order or 0.01% whichever is lower |
| Commodity Options | Rs 15 per order | |
| Open Alice Blue Account |
| Minimum Brokerage | Rs 25 for Delivery and Rs 12 for Intraday | Rs 0 |
| Other Charges | Minimum balance: Rs 1,000 | |
| Call & Trade Charges | Nil | Rs 20 per executed order |
Motilal Oswal transaction charges for options is NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) while Alice Blue exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side).
| Motilal Oswal | Alice Blue | |
|---|---|---|
| Equity Delivery | NSE Rs 335 per Cr (0.00335%) | BSE Rs 1000 per Cr (0.01%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 200 per Cr (0.002%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side) |
| Equity Futures | Rs 200 per Cr (0.002%) | NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side) |
| Equity Options | NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) | NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side) |
| Currency Futures | Rs 125 per Cr (0.00125%) | NSE Rs 135 per Cr (0.00135%) |
| Currency Options | Rs 4200 per Cr (0.042%)(on premium) | NSE Rs 4400 per Cr (0.044%) (on premium) |
| Commodity | MCX: Rs 250 per Cr (0.0025%) | Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%) |
| Open Alice Blue Account |
Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Motilal Oswal | Alice Blue | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Alice Blue Account |
The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.
| Motilal Oswal | Alice Blue | |
|---|---|---|
| 3 in 1 Account |  |
|
| Charting |  |
|
| Automated Trading | |
|
| SMS Alerts | |
|
| Online Demo | |
|
| Online Portfolio | |
|
| Margin Trading Funding | |
|
| Margin Against Shares (Equity Cash) | |
|
| Margin Against Shares (Equity F&O) | |
|
| Trading Platform | Orion Lite, MO Trader App | Front End: ANT | Back End: Omnesys NEST |
| Intraday Square-off Time | Equity: 3:15PM | |
| Trading In SME Shares Allowed? | ||
| Referral Program | |
|
| Other Features | ||
| Open Alice Blue Account |
Motilal Oswal is rated 2.3 of 5 based on 126 customer reviews whereas Alice Blue is rated 3.3 of 5 based on 35 customer reviews.
| Motilal Oswal | Alice Blue | |
|---|---|---|
126 Customer Reviews  |
35 Customer Reviews |
|
| Fees |  |
 |
| Brokerage |  |
 |
| Trading Platform |  |
 |
| Customer Service |  |
 |
| Research Capabilities |  |
 |
| Overall Ratings |  |
 |
| Broker Rating | Motilal Oswal is rated 2.3 of 5 based on 126 customer reviews | Alice Blue is rated 3.3 of 5 based on 35 customer reviews |
| Motilal Oswal Enquire | Alice Blue Enquire | |
|---|---|---|
| Contact Broker | 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. | Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. |
| Motilal Oswal | Alice Blue | |
|---|---|---|
| Stock / Equity | |
|
| Commodity | |
|
| Currency | |
|
| IPO | |
|
| Mutual Funds | |
|
| Bond / NCD | |
|
| Debt | |
|
| Other Investment Options | PMS, Fixed Deposits, Insurance, Derivatives |
| Motilal Oswal | Alice Blue | |
|---|---|---|
| Bracket Order | |
|
| Cover Order | |
|
| Buy Today Sell Tomorrow (BTST) | |
|
| Sell Today Buy Tomorrow (STBT) | |
|
| After Market Order(AMO) | |
|
| Good Till Cancelled (GTC) | |
|
| Open Alice Blue Account |
| Motilal Oswal | Alice Blue | |
|---|---|---|
| Daily Market Report | |
|
| Free Tips | |
|
| Quarterly Result Analysis | |
|
| News Alerts | |
|
| Motilal Oswal | Alice Blue | |
|---|---|---|
| Casual Investor | ||
| Active Investor | |
|
| Trader | |
|
| Motilal Oswal | Alice Blue | |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
| Reviews | ||
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
|
Alice Blue Special OfferFree Equity Delivery TradeTrade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today. |
| Open Alice Blue Account |
Add a public comment...
|
|
Open Alice Blue Account
