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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.

Motilal Oswal Vs Fyers

	Motilal Oswal	Fyers
Find more info about broker	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

About the Broker	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
	Enquire Motilal Oswal	Enquire Fyers

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
Special Offer	Special Offer: Get Zero AMC for Lifetime (with ₹25k margin or ₹3k Value Pack) for limited time. Get the offer	Special Offer: FREE Equity Delivery Trades (No Brokerage) + Get FREE Trading for Limited Time. Get the offer

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 ₹335 per Cr (0.00335%) \| BSE ₹1000 per Cr (0.01%) (each side)	₹325 per Cr (0.00325%)
Equity Intraday	NSE ₹325 per Cr (0.00325%) \| BSE ₹200 per Cr (0.002%) (each side)	₹325 per Cr (0.00325%)
Equity Futures	₹200 per Cr (0.002%)	₹240 per Cr (0.0024%)
Equity Options	NSE ₹5110 per Cr (0.0511%) \| BSE ₹200 per Cr (0.002%) (on premium)	₹5900 per Cr (on premium) (0.059%)
Currency Futures	₹125 per Cr (0.00125%)	₹240 per Cr (0.0024%)
Currency Options	₹4200 per Cr (0.042%)(on premium)	₹5900 per Cr (on premium) (0.059%)
Commodity	MCX: ₹250 per Cr (0.0025%)	NA

Motilal Oswal Vs Fyers Exposure Margin

	Motilal Oswal	Fyers
Equity Delivery	4x	1 times
Equity Intraday	20x for Margin+ (Over 140 Stocks), 4x for other stocks	Up to 16x (based on the stock)
Equity Futures	Upto 3x for Intraday	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	No exposure	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Futures	Upto 3x for Intraday	NA
Commodity Options	No exposure

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
	88 Customer Reviews	12 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Motilal Oswal is Rated 2.6 / 5 based on 88 customer reviews	Fyers is Rated 3.9 / 5 based on 12 customer reviews

Contact Broker / Request A Call Back

	Motilal Oswal Enquire	Fyers Enquire
Contact Broker	Get Zero AMC for Lifetime (with ₹25k margin or ₹3k Value Pack) for limited time. Get the offer Name Phone # Email City Name State Are you a day trader?	FREE Equity Delivery Trades (No Brokerage) + Get FREE Trading for Limited Time. Get the offer Name Phone # Email City Name State Are you a day trader?

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. More Advantages...	Free equity delivery trades and thematic investments. No brokerage for this segment. Very low brokerage charges of maximum ₹20 per trade. No software charges. State of art trading platforms. Thematic investment is available Refer your friends and earn 20% of the revenues generated by your friends, for life! More Advantages...
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. More Disadvantages...	Depository services are offered through another company (IL&FS). Higher demat charges. No branch offices. No good 'til canceled (GTC) orders. More Disadvantages...
Reviews
Promo / Offers	Get Zero AMC for Lifetime Motilal Oswal offers Zero AMC for Lifetime Demat Account (₹400 waived) with ₹25k margin or ₹3k prepaid value pack. Also avail ₹3k woth of discount vouchers, ₹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.	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. This is a limited time offer. Simply leave your contact information with us and Fyers representatives will contact you.

Compare More Brokers:

Motilal Oswal Vs Fyers (Compare Motilal Oswal and Fyers)

Motilal Oswal Vs Fyers

Motilal Oswal Vs Fyers Charges

Motilal Oswal Vs Fyers Brokerage

Brokerage Plan 1

Brokerage Plan 2

Brokerage Plan 3

Other Charges

Motilal Oswal Vs Fyers Taxes

Motilal Oswal Vs Fyers Transaction Charges

Motilal Oswal Vs Fyers Exposure Margin

Motilal Oswal and Fyers Feature Comparison

Motilal Oswal Vs Fyers Review

Contact Broker / Request A Call Back

Motilal Oswal Vs Fyers Investment Options

Motilal Oswal Vs Fyers Customer Service

Motilal Oswal Vs Fyers Order Type Offered

Motilal Oswal Vs Fyers Research Report

Motilal Oswal Vs Fyers Suitable For Investor Type

Motilal Oswal Vs Fyers - Advantages and Disadvantages

Get Zero AMC for Lifetime

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