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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...

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...

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

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

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

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

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)

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Orion Lite, MO Trader App	Groww
Intraday Square-off Time		3:10 PM
Other Features
Referral Program

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	33 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
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

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 Name Phone # Email City Name State Are you a day trader?	Leave your contact information and we will get in touch with you....

Motilal Oswal Vs Groww Investment Options

	Motilal Oswal	Groww
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	PMS, Fixed Deposits, Insurance, Derivatives	Digital Gold, US Stocks, Fixed Deposits

Motilal Oswal Vs Groww Order Type Offered

	Motilal Oswal	Groww
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 Groww Research Report

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

Motilal Oswal Vs Groww Suitable For Investor Type

	Motilal Oswal	Groww
Casual Investor
Active Investor
Trader

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.

Compare More Brokers...

Motilal Oswal	Groww
Motilal Oswal Vs Zerodha Motilal Oswal Vs ICICI Direct Motilal Oswal Vs HDFC Securities Motilal Oswal Vs Sharekhan Motilal Oswal Vs AxisDirect Motilal Oswal Vs Angel Broking Motilal Oswal Vs Kotak Securities Motilal Oswal Vs Dhani Stocks Motilal Oswal Vs Stoxkart Motilal Oswal Vs IIFL Securities Motilal Oswal Vs SBI Securities Motilal Oswal Vs Geojit Motilal Oswal Vs Religare Motilal Oswal Vs Edelweiss Motilal Oswal Vs SMC Global Motilal Oswal Vs Nirmal Bang Motilal Oswal Vs 5paisa Motilal Oswal Vs Ventura Motilal Oswal Vs Upstox Motilal Oswal Vs Anand Rathi Motilal Oswal Vs Master Trust Motilal Oswal Vs Indiabulls Motilal Oswal Vs Aditya Birla Money Motilal Oswal Vs Bonanza Motilal Oswal Vs SAMCO Motilal Oswal Vs TradingBells Motilal Oswal Vs IDBI Capital Motilal Oswal Vs TradeSmart Motilal Oswal Vs SAS Online Motilal Oswal Vs iTradeOnline Motilal Oswal Vs RK Global Motilal Oswal Vs Tradeplus Motilal Oswal Vs Tradejini Motilal Oswal Vs Alice Blue Motilal Oswal Vs Wisdom Capital Motilal Oswal Vs Fyers Motilal Oswal Vs Finvasia Motilal Oswal Vs Prostocks Motilal Oswal Vs RMoney Motilal Oswal Vs Beeline Motilal Oswal Vs Just Trade Motilal Oswal Vs Achiievers Motilal Oswal Vs Trustline Motilal Oswal Vs Indira Securities Motilal Oswal Vs Paytm Money Motilal Oswal Vs Choice Broking Motilal Oswal Vs GCL Securities Motilal Oswal Vs Yes Securities	Groww Vs Zerodha Groww Vs ICICI Direct Groww Vs HDFC Securities Groww Vs Sharekhan Groww Vs AxisDirect Groww Vs Angel Broking Groww Vs Kotak Securities Groww Vs Dhani Stocks Groww Vs Stoxkart Groww Vs IIFL Securities Groww Vs SBI Securities Groww Vs Geojit Groww Vs Religare Groww Vs Edelweiss Groww Vs SMC Global Groww Vs Nirmal Bang Groww Vs 5paisa Groww Vs Ventura Groww Vs Upstox Groww Vs Anand Rathi Groww Vs Master Trust Groww Vs Indiabulls Groww Vs Aditya Birla Money Groww Vs Bonanza Groww Vs SAMCO Groww Vs TradingBells Groww Vs IDBI Capital Groww Vs TradeSmart Groww Vs SAS Online Groww Vs iTradeOnline Groww Vs RK Global Groww Vs Tradeplus Groww Vs Tradejini Groww Vs Alice Blue Groww Vs Wisdom Capital Groww Vs Fyers Groww Vs Finvasia Groww Vs Prostocks Groww Vs RMoney Groww Vs Beeline Groww Vs Just Trade Groww Vs Achiievers Groww Vs Trustline Groww Vs Indira Securities Groww Vs Paytm Money Groww Vs Choice Broking Groww Vs GCL Securities Groww Vs Yes Securities

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