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Motilal Oswal Vs Choice Broking (Compare Motilal Oswal and Choice Broking)

The side-by-side comparison of Motilal Oswal and Choice Broking. Compare Motilal Oswal Vs Choice Broking brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Motilal Oswal vs Choice Broking?

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...

Choice Broking
Incorporated in 2010, Choice Equity Broking Pvt. Ltd (commonly known as Choice Broking) is a Mumbai-based full-service stockbroking firm. Choice broking is a subsidiary of a publicly listed financial services firm named 'Choice International Limited' that was formed in 1993. Choice Broking offers online trading and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, wealth management, Portfolio management, Insuran...

Motilal Oswal Vs Choice Broking

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 2010, Choice Broking is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX, ICDEX. It has 50 branches across India.

	Motilal Oswal	Choice Broking
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX, ICDEX
Account Type	Default Plan	Standard Plan
Year of Incorporation	1987	2010
Number of Branches	305	50
Broker Enquiry
	Enquire Motilal Oswal	Enquire Choice Broking

Motilal Oswal Vs Choice Broking Charges & AMC

Motilal Oswal trading account opening charges is Rs 0 while Choice Broking account opening changes is Rs 0 (Free). Motilal Oswal Demat Account AMC Charges is Free (Rs 400 2nd year onward) and Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free).

	Motilal Oswal	Choice Broking
Trading Account Opening Charges	Rs 0	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Free (Rs 400 2nd year onward)	Rs 200 or as per plan. (1st year AMC free)

Motilal Oswal Vs Choice Broking Brokerage Charges & Plans

Motilal Oswal Vs Choice Broking Brokerage

Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02%.

	Motilal Oswal	Choice Broking
Account Type	Default Plan	Standard Plan
Fixed Charges
Equity Delivery Brokerage	0.50%	0.20%
Equity Intraday Brokerage	0.05% (both side)	0.02%
Equity Futures Brokerage	0.05% (both side)	0.02%
Equity Options Brokerage	Rs 100 per lot (both side)	Rs 25 per lot
Currency Futures Trading Brokerage	Rs 20 per lot (both side)	0.02%
Currency Options Trading Brokerage	Rs 20 per lot (both side)	Rs 20 per lot
Commodity Futures Trading Brokerage	0.05% (both side)	0.02%
Commodity Options Trading Brokerage		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 Choice Broking Brokerage Plan 2

	Motilal Oswal	Choice Broking
Account Type	Value Pack (VP2KLT)	Standard Plan
Fixed Charges	Rs 2000 (one time fee)
Equity Delivery Brokerage	0.40%	0.20%
Equity Intraday Brokerage	0.04% (both side)	0.02%
Equity Futures Brokerage	0.04% (both side)	0.02%
Equity Options Brokerage	Rs 50 per lot (both side)	Rs 25 per lot
Currency Futures Trading Brokerage	Rs 22 per lot (both side)	0.02%
Currency Options Trading Brokerage	Rs 22 per lot (both side)	Rs 20 per lot
Commodity Futures Trading Brokerage	0.04% (both side)	0.02%
Commodity Options Trading Brokerage		Rs 50 per lot
	Enquire Motilal Oswal	Enquire Choice Broking

Motilal Oswal Vs Choice Broking Brokerage Plan 3

	Motilal Oswal	Choice Broking
Account Type	Value Pack (VP1LACLT)	Standard Plan
Fixed Charges	Rs 1,00,000 (one time fee)
Equity Delivery Brokerage	0.10%	0.20%
Equity Intraday Brokerage	0.01% (both side)	0.02%
Equity Futures Brokerage	0.01% (both side)	0.02%
Equity Options Brokerage	Rs 20 per lot (both side)	Rs 25 per lot
Currency Futures Trading Brokerage	Rs 10 per lot (both side)	0.02%
Currency Options Trading Brokerage	Rs 10 per lot (both side)	Rs 20 per lot
Commodity Futures Trading Brokerage	0.01% (both side)	0.02%
Commodity Options Trading Brokerage		Rs 50 per lot
	Enquire Motilal Oswal	Enquire Choice Broking

Motilal Oswal Charges Vs Choice Broking

Minimum Brokerage Charges	Rs 25 for Delivery and Rs 12 for Intraday
Other Brokerage Charges	Minimum balance: Rs 1,000
Call & Trade Charges	Nil	Rs 0 (Free)

Motilal Oswal Vs Choice Broking 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 Choice Broking exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

	Motilal Oswal	Choice Broking
Equity Delivery	NSE Rs 335 per Cr (0.00335%) \| BSE Rs 1000 per Cr (0.01%) (each side)	NSE Rs 325 per crore (0.00325%) \| BSE Flat Rate of Rs 1.51 per Trade
Equity Intraday	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 200 per Cr (0.002%) (each side)	NSE Rs 325 per crore (0.00325%) \| BSE Flat Rate of Rs 1.51 per Trade
Equity Futures	Rs 200 per Cr (0.002%)	NSE Rs 240 per crore (0.0024%)
Equity Options	NSE Rs 5110 per Cr (0.0511%) \| BSE Rs 200 per Cr (0.002%) (on premium)	NSE Rs 5000 per crore (0.05%)
Currency Futures	Rs 125 per Cr (0.00125%)	NSE Rs 90 per crore (0.0009%)
Currency Options	Rs 4200 per Cr (0.042%)(on premium)	NSE Rs 4000 per crore (0.04%)
Commodity	MCX: Rs 250 per Cr (0.0025%)	Non-Agri Rs 290 per Crore (0.0029%) \| Agri Rs 178 per Crore (0.00178%)
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Motilal Oswal Vs Choice Broking Leverage (Margin)

Motilal Oswal provides the margin of 20x for Margin+ (Over 140 Stocks), 4x for other stocks for intraday trades whereas the Choice Broking margin for intraday cash is Up to 20x.

	Motilal Oswal	Choice Broking
Equity Delivery	4x	1x (no margin)
Equity Intraday	20x for Margin+ (Over 140 Stocks), 4x for other stocks	Up to 20x
Equity Futures	Upto 3x for Intraday	Up to 5x
Equity Options	No exposure	1x (no margin) for Options buying and up to 10x for options selling
Currency Futures	NA	Up to 3x
Currency Options	No exposure	1x (no margin)
Commodity Futures	Upto 3x for Intraday	Up to 5x
Commodity Options	No exposure	1x (no margin)
	Enquire Motilal Oswal	Enquire Choice Broking

Compare Motilal Oswal and Choice Broking Features

The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. Choice Broking offers Jiffy trading software.

	Motilal Oswal	Choice Broking
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	Jiffy
Intraday Square-off Time		3:15 PM
Other Features
Referral Program
	Enquire Motilal Oswal	Enquire Choice Broking

Motilal Oswal Vs Choice Broking Review

Motilal Oswal is rated 2.4 of 5 based on 104 customer reviews whereas Choice Broking is rated 4.7 of 5 based on 3 customer reviews.

	Motilal Oswal	Choice Broking
	104 Customer Reviews	3 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Motilal Oswal is rated 2.4 of 5 based on 104 customer reviews	Choice Broking is rated 4.7 of 5 based on 3 customer reviews

Contact Broker / Request A Call Back

	Motilal Oswal Enquire	Choice Broking Enquire
Contact Broker	Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer Name Phone # Email City Name State Are you a day trader?	Leave your contact information and we will get in touch with you.... Name Phone # Email City Name State Are you a day trader?

Motilal Oswal Vs Choice Broking Investment Options

	Motilal Oswal	Choice Broking
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	PMS, Fixed Deposits, Insurance, Derivatives	Portfolio Management Services, Insurance

Motilal Oswal Vs Choice Broking Order Type Offered

	Motilal Oswal	Choice Broking
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Motilal Oswal Vs Choice Broking Research Report

	Motilal Oswal	Choice Broking
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Motilal Oswal Vs Choice Broking Suitable For Investor Type

	Motilal Oswal	Choice Broking
Casual Investor
Active Investor
Trader

Motilal Oswal Vs Choice Broking - Pros and Cons

	Motilal Oswal	Choice Broking
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.	Zero Account opening fee. Hassle free online Demat Account Opening. Offers a wide range of investment products Offers simple Trading Platforms to its customers. Offers multiple AMC plan options with lifetime free AMC and refundable AMC options. Free call and trade facility. Provides Margin Trading Facility MTF Services. Claim to have the most accurate and free research reports in the market with a 78% success ratio. Offers online IPO application services.
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.	Do not have Flexi brokerage plans. Does not offer 3-in-1 account services. Advanced order types like BO, CO, GTC not available. Margin calculator not available.
Reviews		Choice Equity Broking Private Limited, commonly known as Choice Broking , is a Mumbai based full-service broker incorporated in 2010 offering online trading and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, Margin Trading Facility, wealth management, Portfolio management, Insurance, and Loan against share. The company offers 2-in-1 account opening services and has a depository membership with CDSL and NSDL and is a member of NSE, BSE, MCX, NCDEX, and ICEX. The company has a proprietary trading platform (Jiffy) available on the website, Android, and iOS.
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 Oswal	Enquire Choice Broking

Compare More Brokers...

Motilal Oswal	Choice Broking
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