Motilal Oswal Vs Groww (Compare Motilal Oswal and Groww)


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


Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe... Know more about Nextbillion Technology pvt ltd

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Motilal Oswal Vs Groww

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 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

  Motilal Oswal Groww
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE and BSE
Year of Incorporation 1987 2016
Number of Branches 305 0
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Motilal Oswal Vs Groww Charges & AMC

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

  Motilal Oswal Groww
Trading Account Opening Charges Rs 0 Rs 0
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 0
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Motilal Oswal Vs Groww Brokerage Charges & Plans

Motilal Oswal Vs Groww Brokerage

Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

  Motilal Oswal Groww
Account Type Default Plan Standard Plan
Fixed Charges NA
Equity Delivery 0.50% Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday 0.05% (both side) Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 0.05% (both side) NA
Equity Options Rs 100 per lot (both side) NA
Currency Futures Rs 20 per lot (both side) NA
Currency Options Rs 20 per lot (both side) NA
Commodity Futures 0.05% (both side) NA
Commodity Options NA
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 Groww Brokerage Plan 2

  Motilal Oswal Groww
Account Type Value Pack (VP2KLT) Standard Plan
Fixed Charges Rs 2000 (one time fee) NA
Equity Delivery 0.40% Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday 0.04% (both side) Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 0.04% (both side) NA
Equity Options Rs 50 per lot (both side) NA
Currency Futures Rs 22 per lot (both side) NA
Currency Options Rs 22 per lot (both side) NA
Commodity Futures 0.04% (both side) NA
Commodity Options NA

Motilal Oswal Vs Groww Brokerage Plan 3

  Motilal Oswal Groww
Account Type Value Pack (VP1LACLT) Standard Plan
Fixed Charges Rs 1,00,000 (one time fee) NA
Equity Delivery 0.10% Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday 0.01% (both side) Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 0.01% (both side) NA
Equity Options Rs 20 per lot (both side) NA
Currency Futures Rs 10 per lot (both side) NA
Currency Options Rs 10 per lot (both side) NA
Commodity Futures 0.01% (both side) NA
Commodity Options NA

Motilal Oswal Charges Vs Groww

Minimum Brokerage Rs 25 for Delivery and Rs 12 for Intraday Rs 20 or 0.05% per executed order
Other Charges Minimum balance: Rs 1,000 Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges Nil NA
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Motilal Oswal Vs Groww 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 Groww exchange transaction charges for options is NA.

  Motilal Oswal Groww
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%) NA
Equity Options NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) NA
Currency Futures Rs 125 per Cr (0.00125%) NA
Currency Options Rs 4200 per Cr (0.042%)(on premium) NA
Commodity MCX: Rs 250 per Cr (0.0025%) NA
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Motilal Oswal Vs Groww Leverage (Margin)

Motilal Oswal margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Groww margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Motilal Oswal Groww
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Motilal Oswal and Groww Features

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

  Motilal Oswal Groww
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Orion Lite, MO Trader App Groww
Intraday Square-off Time 3:10 PM
Other Features
Referral Program Yes
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Motilal Oswal Vs Groww Review

Motilal Oswal is rated 2.4 of 5 based on 114 customer reviews whereas Groww is rated 3.8 of 5 based on 33 customer reviews.

  Motilal Oswal Groww
  114 Customer Reviews    Rate Motilal Oswal 33 Customer Reviews    Rate Groww
Fees 2.8 4.2
Brokerage 2.3 3.9
Trading Platform 2.9 3.7
Customer Service 2.6 3.4
Research Capabilities 2.4 2.8
Overall Ratings Rated 2.4 stars Rated 3.8 stars
Broker Rating Motilal Oswal is rated 2.4 of 5 based on 114 customer reviews Groww is rated 3.8 of 5 based on 33 customer reviews
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Contact Broker / Request A Call Back

  Motilal Oswal Enquire Groww Enquire
Contact Broker Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer
Leave your contact information and we will get in touch with you....
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Motilal Oswal Vs Groww Investment Options

  Motilal Oswal Groww
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options PMS, Fixed Deposits, Insurance, Derivatives Digital Gold, US Stocks, Fixed Deposits
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Motilal Oswal Vs Groww Order Type Offered

  Motilal Oswal Groww
Bracket Order Yes No
Cover Order Yes No
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 No
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Motilal Oswal Vs Groww Research Report

  Motilal Oswal Groww
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Motilal Oswal Vs Groww Suitable For Investor Type

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

  Motilal Oswal Groww
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.
  • Simple pricing model with low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Zero Account opening fee.
  • Zero Maintenance Charges.
  • Direct MF platform that helps you earn an extra 1.5% returns.
  • E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision.
  • Instant paperless account opening.
  • Online IPO application.
  • Inhouse Brokerage Calculator
  • Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline. 
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.
  • Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
  • No Call and Trade services.
  • Branch support not available.
  • Do not provide stock tips, research reports, or recommendations.
  • No Margin trading facility.
  • No Margin against shares.
  • Advanced order types like BO, CO, AMO, and GTT not available.
  • Trailling stop loss orders are not available in Groww app.
  • Do not offer NRI Trading.
Reviews

Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository.

Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds.

The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.

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.

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