Motilal Oswal Vs Groww (Compare Motilal Oswal and Groww)

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
Supported Exchnages	BSE, NSE, MCX	NSE and BSE
Account Type	Default Plan	Standard Plan
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

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 Brokerage	0.50%	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage	0.05% (both side)	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage	0.05% (both side)	NA
Equity Options Brokerage	Rs 100 per lot (both side)	NA
Currency Futures Trading Brokerage	Rs 20 per lot (both side)	NA
Currency Options Trading Brokerage	Rs 20 per lot (both side)	NA
Commodity Futures Trading Brokerage	0.05% (both side)	NA
Commodity Options Trading Brokerage		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 Brokerage	0.40%	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage	0.04% (both side)	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage	0.04% (both side)	NA
Equity Options Brokerage	Rs 50 per lot (both side)	NA
Currency Futures Trading Brokerage	Rs 22 per lot (both side)	NA
Currency Options Trading Brokerage	Rs 22 per lot (both side)	NA
Commodity Futures Trading Brokerage	0.04% (both side)	NA
Commodity Options Trading Brokerage		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 Brokerage	0.10%	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage	0.01% (both side)	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage	0.01% (both side)	NA
Equity Options Brokerage	Rs 20 per lot (both side)	NA
Currency Futures Trading Brokerage	Rs 10 per lot (both side)	NA
Currency Options Trading Brokerage	Rs 10 per lot (both side)	NA
Commodity Futures Trading Brokerage	0.01% (both side)	NA
Commodity Options Trading Brokerage		NA

Motilal Oswal Charges Vs Groww

Minimum Brokerage Charges	Rs 25 for Delivery and Rs 12 for Intraday	Rs 20 or 0.05% per executed order
Other Brokerage 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 provides the margin of 20x for Margin+ (Over 140 Stocks), 4x for other stocks for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).

	Motilal Oswal	Groww
Equity Delivery	4x	1x (no margin)
Equity Intraday	20x for Margin+ (Over 140 Stocks), 4x for other stocks	Up to 8x (based on the stock)
Equity Futures	Upto 3x for Intraday	NA
Equity Options	No exposure	NA
Currency Futures	NA	NA
Currency Options	No exposure	NA
Commodity Futures	Upto 3x for Intraday	NA
Commodity Options	No exposure	NA

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 Available
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 104 customer reviews whereas Groww is rated 4.0 of 5 based on 11 customer reviews.

	Motilal Oswal	Groww
	104 Customer Reviews	11 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Motilal Oswal is rated 2.4 of 5 based on 104 customer reviews	Groww is rated 4.0 of 5 based on 11 customer reviews

Motilal Oswal Vs Groww Investment Options

	Motilal Oswal	Groww
Stock / Equity
Commodity
Currency
Initial Public Offers (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.
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.
Reviews
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.