The side-by-side comparison of Motilal Oswal and Alice Blue. Compare Motilal Oswal Vs Alice Blue brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Motilal Oswal vs Alice Blue?
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...
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 2 brokerage plans, 'Trade Pro' and 'Freedom 20' to its customers. In the 'Trade Pro' plan, the company charges percentage-based brokerage. Customers have to pay a fixed percentage of the trading value. For intraday trading, a trader has to pay ...
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 | |
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Type of Broker | Full Service Broker | Discount Broker |
Supported Exchnages | BSE, NSE, MCX | BSE, NSE, MCX |
Account Type | Default Plan | Freedom 20 |
Year of Incorporation | 1987 | |
Number of Branches | 305 | |
Broker Enquiry |
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Enquire Motilal Oswal | Enquire Alice Blue |
Motilal Oswal trading account opening charges is Rs 0 while Alice Blue account opening changes is Equity Rs 310 | MCX Rs 200 | Rs 500 All segments. 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 | |
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Trading Account Opening Charges | Rs 0 | Equity Rs 310 | MCX Rs 200 | Rs 500 All segments |
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 20 per order or 0.01% whichever is lower.
Motilal Oswal | Alice Blue | |
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Account Type | Default Plan | Freedom 20 |
Fixed Charges | ||
Equity Delivery Brokerage | 0.50% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.05% (both side) | Rs 20 per order or 0.01% whichever is lower |
Equity Futures Brokerage | 0.05% (both side) | Rs 20 per order or 0.01% whichever is lower |
Equity Options Brokerage | Rs 100 per lot (both side) | Rs 20 per order |
Currency Futures Trading Brokerage | Rs 20 per lot (both side) | Rs 20 per order or 0.01% whichever is lower |
Currency Options Trading Brokerage | Rs 20 per lot (both side) | Rs 10 per order |
Commodity Futures Trading Brokerage | 0.05% (both side) | Rs 20 per order or 0.01% whichever is lower |
Commodity Options Trading Brokerage | Rs 20 per order | |
Special Offer | Special Offer: Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer |
Special Offer: Alice Blue Free equity delivery trading (truly no brokerage) and Flat Rs 20 intranet and F&O trade brokerage. Get the offer |
Motilal Oswal | Alice Blue | |
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Account Type | Value Pack (VP2KLT) | Trade Pro Plan |
Fixed Charges | Rs 2000 (one time fee) | |
Equity Delivery Brokerage | 0.40% | 0.1% |
Equity Intraday Brokerage | 0.04% (both side) | 0.01% |
Equity Futures Brokerage | 0.04% (both side) | 0.01% |
Equity Options Brokerage | Rs 50 per lot (both side) | Rs 20 per lot |
Currency Futures Trading Brokerage | Rs 22 per lot (both side) | Rs 10 per lot |
Currency Options Trading Brokerage | Rs 22 per lot (both side) | Rs 20 per lot |
Commodity Futures Trading Brokerage | 0.04% (both side) | 0.01% |
Commodity Options Trading Brokerage | Rs 20 per lot | |
Enquire Motilal Oswal | Enquire Alice Blue |
Motilal Oswal | Alice Blue | |
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Account Type | Value Pack (VP1LACLT) | Freedom 20 |
Fixed Charges | Rs 1,00,000 (one time fee) | |
Equity Delivery Brokerage | 0.10% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.01% (both side) | Rs 20 per order or 0.01% whichever is lower |
Equity Futures Brokerage | 0.01% (both side) | Rs 20 per order or 0.01% whichever is lower |
Equity Options Brokerage | Rs 20 per lot (both side) | Rs 20 per order |
Currency Futures Trading Brokerage | Rs 10 per lot (both side) | Rs 20 per order or 0.01% whichever is lower |
Currency Options Trading Brokerage | Rs 10 per lot (both side) | Rs 10 per order |
Commodity Futures Trading Brokerage | 0.01% (both side) | Rs 20 per order or 0.01% whichever is lower |
Commodity Options Trading Brokerage | Rs 20 per order | |
Enquire Motilal Oswal | Enquire Alice Blue |
Minimum Brokerage Charges | Rs 25 for Delivery and Rs 12 for Intraday | Rs 0 |
Other Brokerage 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 | |
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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%) |
Enquire Motilal Oswal | Enquire Alice Blue |
Motilal Oswal provides the margin of 20x for Margin+ (Over 140 Stocks), 4x for other stocks for intraday trades whereas the Alice Blue margin for intraday cash is Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x.
Motilal Oswal | Alice Blue | |
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Equity Delivery | 4x | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
Equity Intraday | 20x for Margin+ (Over 140 Stocks), 4x for other stocks | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
Equity Futures | Upto 3x for Intraday | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Equity Options | No exposure | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x |
Currency Futures | NA | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Currency Options | No exposure | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x |
Commodity Futures | Upto 3x for Intraday | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Commodity Options | No exposure | |
Enquire Motilal Oswal | Enquire Alice Blue |
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 | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | Orion Lite, MO Trader App | Front End: ANT | Back End: Omnesys NEST |
Intraday Square-off Time | Equity: 3:15PM | |
Other Features | ||
Referral Program | ![]() |
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Enquire Motilal Oswal | Enquire Alice Blue |
Motilal Oswal is rated 2.4 of 5 based on 103 customer reviews whereas Alice Blue is rated 3.4 of 5 based on 31 customer reviews.
Motilal Oswal | Alice Blue | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire Motilal Oswal | Enquire Alice Blue |
Motilal Oswal | Alice Blue | |
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Cons |
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Reviews | ||
Promo / Offers | Get Zero AMC for LifetimeMotilal 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. |
Free Equity Delivery TradeGet free equity delivery trading (truly no brokerage) and pay flat Rs 20 intranet and F&O trade brokerage. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you. |
Enquire Motilal Oswal | Enquire Alice Blue |
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