Motilal Oswal Vs Fyers (Compare Motilal Oswal and Fyers)
The side-by-side comparison of Motilal Oswal and Fyers. Compare Motilal Oswal Vs Fyers brokerage, charges, exposure margin, demat account. Read Fyers and Motilal Oswal review.
Find out Motilal Oswal Vs Fyers which is better and Motilal Oswal Vs Fyers which is best.
Our Motilal Oswal Securities Ltd comparison with Fyers Securities Ltd highlights the major differences between two brokers. Find the best between Motilal Oswal and Fyers.
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 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of "Focus Your Energy & Reform the Self", representi...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
NSE, MCX
Account Type
Default Plan
Flat Fee Brokerage Plan
Broker Enquiry
Year of Incorporation
1987
2015
Number of Branches
305
0
Motilal Oswal Vs Fyers Charges
Motilal Oswal
Fyers
Trading Account Opening Fees
₹0
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Demat Account Opening Fees
₹0
₹0 (Free)
Demat Account AMC
Free (₹400 2nd year onward)
₹400
Demat Account is Mandatory?
No
No
Motilal Oswal Vs Fyers Brokerage
Brokerage Plan 1
Motilal Oswal
Fyers
Account Type
Default Plan
Flat Fee Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
0.50%
₹0 (Free)
Equity Intraday Brokerage
0.05% (both side)
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.05% (both side)
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
₹100 per lot (both side)
₹20 per executed order
Currency Futures Trading Brokerage
₹20 per lot (both side)
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹20 per lot (both side)
₹20 per executed order
Commodity Futures Trading Brokerage
0.05% (both side)
NA
Commodity Options Trading Brokerage
Brokerage Plan 2
Motilal Oswal
Fyers
Account Type
Value Pack (VP2KLT)
Flat Fee Brokerage Plan
Fixed Charges
₹2000 (one time fee)
NA
Equity Delivery Brokerage
0.40%
₹0 (Free)
Equity Intraday Brokerage
0.04% (both side)
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.04% (both side)
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
₹50 per lot (both side)
₹20 per executed order
Currency Futures Trading Brokerage
₹22 per lot (both side)
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹22 per lot (both side)
₹20 per executed order
Commodity Futures Trading Brokerage
0.04% (both side)
NA
Commodity Options Trading Brokerage
Brokerage Plan 3
Motilal Oswal
Fyers
Account Type
Value Pack (VP1LACLT)
Flat Fee Brokerage Plan
Fixed Charges
₹1,00,000 (one time fee)
NA
Equity Delivery Brokerage
0.10%
₹0 (Free)
Equity Intraday Brokerage
0.01% (both side)
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.01% (both side)
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
₹20 per lot (both side)
₹20 per executed order
Currency Futures Trading Brokerage
₹10 per lot (both side)
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹10 per lot (both side)
₹20 per executed order
Commodity Futures Trading Brokerage
0.01% (both side)
NA
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹25 for Delivery and ₹12 for Intraday
Other Brokerage Charges
Minimum balance: ₹1,000
Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges
Nil
₹20 per trade
Motilal Oswal Vs Fyers Taxes
Motilal Oswal
Fyers
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Motilal Oswal Vs Fyers Transaction Charges
Motilal Oswal
Fyers
Equity Delivery
NSE: 0.00335% | BSE: 0.01%
₹325 per crore (0.00325%)
Equity Intraday
NSE: 0.00325% | BSE: 0.002%
₹325 per crore (0.00325%)
Equity Futures
0.002%
₹240 per crore (0.0024%)
Equity Options
NSE 0.0511% | BSE 0.002% (on premium)
₹5900 per crore (on premium) (0.059%)
Currency Futures
0.00125%
₹240 per crore (0.0024%)
Currency Options
0.042% (on premium)
₹5900 per crore (on premium) (0.059%)
Commodity
MCX: 0.0025%
NA
Motilal Oswal Vs Fyers Exposure Margin
Motilal Oswal
Fyers
Equity Delivery
4 times
1 times
Equity Intraday
20 time for Margin+ (Over 140 Stocks), 4 times for other stocks
Up to 16x (based on the stock)
Equity Futures
Intraday: 3 times | Carry forward position: no exposure
Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
No exposure
Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures
NA
Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options
NA
Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Futures
Intraday: 3 times | Carry forward position: no exposure
NA
Commodity Options
Motilal Oswal and Fyers Feature Comparison
Motilal Oswal
Fyers
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
Fyers One (In-house build)
Intraday Square-off Time
3:20 PM
Other Features
Brokerage free thematic investing is available
Referral Program
Motilal Oswal Vs Fyers Review
Motilal Oswal
Fyers
84 Customer Reviews
10 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Motilal Oswal is Rated 2.6 / 5 based on 84 customer reviews
Fyers is Rated 3.7 / 5 based on 10 customer reviews
Contact Broker / Request A Call Back
Motilal Oswal Enquire
Fyers Enquire
Contact Broker
Motilal Oswal Vs Fyers Investment Options
Motilal Oswal
Fyers
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
PMS, Fixed Deposits, Insurance, Derivatives
Motilal Oswal Vs Fyers Customer Service
Motilal Oswal
Fyers
24/7 Customer Service
Onine Live Chat
Through Branches
Motilal Oswal Vs Fyers Order Type Offered
Motilal Oswal
Fyers
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Motilal Oswal Vs Fyers Research Report
Motilal Oswal
Fyers
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Motilal Oswal Vs Fyers Suitable For Investor Type
Motilal Oswal
Fyers
Casual Investor
Active Investor
Trader
Motilal Oswal Vs Fyers - Advantages and Disadvantages
Motilal Oswal
Fyers
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.
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 (₹1000 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.
Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage), for other segments you pay ₹20 per trade flat broekrage fee.
Zerodha
Zero Account Opening Fee