Motilal Oswal Vs Geojit (Compare Motilal Oswal and Geojit)
The side-by-side comparison of Motilal Oswal and Geojit. Compare Motilal Oswal Vs Geojit brokerage, charges, exposure margin, demat account. Read Geojit and Motilal Oswal review.
Find out Motilal Oswal Vs Geojit which is better and Motilal Oswal Vs Geojit which is best.
Our Motilal Oswal Securities Ltd comparison with Geojit BNP Paribas highlights the major differences between two brokers. Find the best between Motilal Oswal and Geojit.
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 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf.
Geojit BNP Paribas is cash equity and derivatives broker with extensive experie...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX-SX
Account Type
Default Plan
Online Trading
Broker Enquiry
Year of Incorporation
1987
1987
Number of Branches
305
509
Motilal Oswal Vs Geojit Charges
Motilal Oswal
Geojit
Trading Account Opening Fees
₹0
Rs 425
Trading Account AMC
₹0
NIL
Demat Account Opening Fees
₹0
NIL
Demat Account AMC
Free (₹400 2nd year onward)
Rs 0
Demat Account is Mandatory?
No
No
Motilal Oswal Vs Geojit Brokerage
Brokerage Plan 1
Motilal Oswal
Geojit
Account Type
Default Plan
Online Trading
Fixed Charges
Equity Delivery Brokerage
0.50%
0.30%
Equity Intraday Brokerage
0.05% (both side)
0.03%
Equity Futures Brokerage
0.05% (both side)
0.03%
Equity Options Brokerage
₹100 per lot (both side)
Rs 125 per contract
Currency Futures Trading Brokerage
₹20 per lot (both side)
0.03%
Currency Options Trading Brokerage
₹20 per lot (both side)
Rs 125 per contract
Commodity Futures Trading Brokerage
0.05% (both side)
NA
Commodity Options Trading Brokerage
NA
Brokerage Plan 2
Motilal Oswal
Geojit
Account Type
Value Pack (VP2KLT)
Online Trading
Fixed Charges
₹2000 (one time fee)
Equity Delivery Brokerage
0.40%
0.30%
Equity Intraday Brokerage
0.04% (both side)
0.03%
Equity Futures Brokerage
0.04% (both side)
0.03%
Equity Options Brokerage
₹50 per lot (both side)
Rs 125 per contract
Currency Futures Trading Brokerage
₹22 per lot (both side)
0.03%
Currency Options Trading Brokerage
₹22 per lot (both side)
Rs 125 per contract
Commodity Futures Trading Brokerage
0.04% (both side)
NA
Commodity Options Trading Brokerage
NA
Brokerage Plan 3
Motilal Oswal
Geojit
Account Type
Value Pack (VP1LACLT)
Online Trading
Fixed Charges
₹1,00,000 (one time fee)
Equity Delivery Brokerage
0.10%
0.30%
Equity Intraday Brokerage
0.01% (both side)
0.03%
Equity Futures Brokerage
0.01% (both side)
0.03%
Equity Options Brokerage
₹20 per lot (both side)
Rs 125 per contract
Currency Futures Trading Brokerage
₹10 per lot (both side)
0.03%
Currency Options Trading Brokerage
₹10 per lot (both side)
Rs 125 per contract
Commodity Futures Trading Brokerage
0.01% (both side)
NA
Commodity Options Trading Brokerage
NA
Other Charges
Minimum Brokerage Charges
₹25 for Delivery and ₹12 for Intraday
1p per share or Rs 20/contract whichever is higher
Other Brokerage Charges
Minimum balance: ₹1,000
Call & Trade Charges
Nil
Motilal Oswal Vs Geojit Taxes
Motilal Oswal
Geojit
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 Geojit Transaction Charges
Motilal Oswal
Geojit
Equity Delivery
NSE: 0.00335% | BSE: 0.01%
0.00325%
Equity Intraday
NSE: 0.00325% | BSE: 0.002%
0.00325%
Equity Futures
0.002%
0.0021%
Equity Options
NSE 0.0511% | BSE 0.002% (on premium)
0.055% on premium
Currency Futures
0.00125%
0.00145%
Currency Options
0.042% (on premium)
0.0473% on premium
Commodity
MCX: 0.0025%
NA
Motilal Oswal Vs Geojit Exposure Margin
Motilal Oswal
Geojit
Equity Delivery
4 times
Upto 7x with 22% interest per year
Equity Intraday
20 time for Margin+ (Over 140 Stocks), 4 times for other stocks
Upto 10x
Equity Futures
Intraday: 3 times | Carry forward position: no exposure
No additional leverage
Equity Options
No exposure
No additional leverage
Currency Futures
NA
No additional leverage
Currency Options
NA
No additional leverage
Commodity Futures
Intraday: 3 times | Carry forward position: no exposure
NA
Commodity Options
Motilal Oswal and Geojit Feature Comparison
Motilal Oswal
Geojit
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
Selfie Platinum, Selfie Gold, Mobile App
Intraday Square-off Time
Other Features
Referral Program
Motilal Oswal Vs Geojit Review
Motilal Oswal
Geojit
84 Customer Reviews
94 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
Geojit is Rated 3.8 / 5 based on 94 customer reviews
Contact Broker / Request A Call Back
Motilal Oswal Enquire
Geojit Enquire
Contact Broker
Motilal Oswal Vs Geojit Investment Options
Motilal Oswal
Geojit
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
PMS, Fixed Deposits, Insurance, Derivatives
Insurance
Motilal Oswal Vs Geojit Customer Service
Motilal Oswal
Geojit
24/7 Customer Service
Onine Live Chat
Through Branches
Motilal Oswal Vs Geojit Order Type Offered
Motilal Oswal
Geojit
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 Geojit Research Report
Motilal Oswal
Geojit
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Motilal Oswal Vs Geojit Suitable For Investor Type
Motilal Oswal
Geojit
Casual Investor
Active Investor
Trader
Motilal Oswal Vs Geojit - Advantages and Disadvantages
Motilal Oswal
Geojit
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.
1. Very high Options trading brokerage charges. Geojit charges Rs 125 per contract for Intraday Options and Rs 150 per contract for Options carry forward positions.
2. Geojit charges minimum brokerage of Rs 20 per Contract or 1 paisa per share whichever is higher.
3. Paper contract note by post cost additional Rs 20 per Contract or 5 paisa per share whichever is higher.
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.
Zerodha
Zero Account Opening Fee