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Motilal Oswal Vs AxisDirect (Compare Motilal Oswal and AxisDirect)


Motilal Oswal Securities Ltd Logo

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


Axis Securities Logo

AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

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Motilal Oswal Vs AxisDirect

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 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

  Motilal Oswal AxisDirect
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1987 2006
Number of Branches 305 56
Open an Online Trading Account with Motilal Oswal.Open an Online Trading Account with AxisDirect.
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Motilal Oswal Vs AxisDirect Charges & AMC

Motilal Oswal trading account opening charges is Rs 0 while AxisDirect account opening changes is Rs 900. Motilal Oswal Demat Account AMC Charges is Free (Rs 400 2nd year onward) and AxisDirect Demat Account AMC Charges is Rs 650.

  Motilal Oswal AxisDirect
Trading Account Opening Charges Rs 0 Rs 900
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 650
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Motilal Oswal Vs AxisDirect Brokerage Charges & Plans

Motilal Oswal Vs AxisDirect Brokerage

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

  Motilal Oswal AxisDirect
Account Type Default Plan Standard Brokerage Plan
Fixed Charges NA
Equity Delivery 0.50% 0.50%
Equity Intraday 0.05% (both side) 0.05%
Equity Futures 0.05% (both side) 0.05%
Equity Options Rs 100 per lot (both side) Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Rs 20 per lot (both side) 0.05%
Currency Options Rs 20 per lot (both side) Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.05% (both side) 0.03%
Commodity Options Rs 50 per lot
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 AxisDirect Brokerage Plan 2

  Motilal Oswal AxisDirect
Account Type Value Pack (VP2KLT) Standard Brokerage Plan
Fixed Charges Rs 2000 (one time fee) NA
Equity Delivery 0.40% 0.50%
Equity Intraday 0.04% (both side) 0.05%
Equity Futures 0.04% (both side) 0.05%
Equity Options Rs 50 per lot (both side) Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Rs 22 per lot (both side) 0.05%
Currency Options Rs 22 per lot (both side) Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.04% (both side) 0.03%
Commodity Options Rs 50 per lot
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Motilal Oswal Vs AxisDirect Brokerage Plan 3

  Motilal Oswal AxisDirect
Account Type Value Pack (VP1LACLT) Standard Brokerage Plan
Fixed Charges Rs 1,00,000 (one time fee) NA
Equity Delivery 0.10% 0.50%
Equity Intraday 0.01% (both side) 0.05%
Equity Futures 0.01% (both side) 0.05%
Equity Options Rs 20 per lot (both side) Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Rs 10 per lot (both side) 0.05%
Currency Options Rs 10 per lot (both side) Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.01% (both side) 0.03%
Commodity Options Rs 50 per lot
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Motilal Oswal Charges Vs AxisDirect

Minimum Brokerage Rs 25 for Delivery and Rs 12 for Intraday Rs 20 per trade
Other Charges Minimum balance: Rs 1,000
Call & Trade Charges Nil Rs 20 per call
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Motilal Oswal Vs AxisDirect 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 AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium).

  Motilal Oswal AxisDirect
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 300 per Cr (0.003%) (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 300 per Cr (0.003%) (each side)
Equity Futures Rs 200 per Cr (0.002%) NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Options NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium)
Currency Futures Rs 125 per Cr (0.00125%) Rs 190 per Cr (0.0019%)
Currency Options Rs 4200 per Cr (0.042%)(on premium) Rs 5000 per Cr (0.05%) (on premium)
Commodity MCX: Rs 250 per Cr (0.0025%)
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Motilal Oswal Vs AxisDirect Leverage (Margin)

Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the AxisDirect margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Motilal Oswal AxisDirect
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)
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Compare Motilal Oswal and AxisDirect Features

The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  Motilal Oswal AxisDirect
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 Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Orion Lite, MO Trader App DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:15
Other Features
Referral Program Yes Yes
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Motilal Oswal Vs AxisDirect Review

Motilal Oswal is rated 2.4 of 5 based on 115 customer reviews whereas AxisDirect is rated 2.1 of 5 based on 76 customer reviews.

  Motilal Oswal AxisDirect
  115 Customer Reviews    Rate Motilal Oswal 76 Customer Reviews    Rate AxisDirect
Fees 2.8 2.0
Brokerage 2.3 1.8
Trading Platform 2.9 2.6
Customer Service 2.6 2.2
Research Capabilities 2.5 2.7
Overall Ratings Rated 2.4 stars Rated 2.1 stars
Broker Rating Motilal Oswal is rated 2.4 of 5 based on 115 customer reviews AxisDirect is rated 2.1 of 5 based on 76 customer reviews
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Contact Broker / Request A Call Back

  Motilal Oswal Enquire AxisDirect Enquire
Contact Broker Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer
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Motilal Oswal Vs AxisDirect Investment Options

  Motilal Oswal AxisDirect
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 Loans, ETF, Corporate FD
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Motilal Oswal Vs AxisDirect Order Type Offered

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

  Motilal Oswal AxisDirect
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 AxisDirect Suitable For Investor Type

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

  Motilal Oswal AxisDirect
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. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
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.
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
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.

Enquire Motilal OswalEnquire AxisDirect

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