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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...
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 |
| Account Type | Default Plan | Standard Plan |
| Year of Incorporation | 1987 | 2016 |
| Number of Branches | 305 | 0 |
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 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 | 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 | 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 |
| 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 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 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 |
The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. Groww offers Groww trading software.
| Motilal Oswal | Groww | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | Orion Lite, MO Trader App | Groww |
| Intraday Square-off Time | 3:10 PM | |
| Other Features | ||
| Referral Program | |
Motilal Oswal is rated 2.4 of 5 based on 110 customer reviews whereas Groww is rated 3.7 of 5 based on 19 customer reviews.
| Motilal Oswal | Groww | |
|---|---|---|
110 Customer Reviews  |
19 Customer Reviews |
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| Customer Service |  |
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| Overall Ratings |  |
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| Broker Rating | Motilal Oswal is rated 2.4 of 5 based on 110 customer reviews | Groww is rated 3.7 of 5 based on 19 customer reviews |
| 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.... |
| Motilal Oswal | Groww | |
|---|---|---|
| Stock / Equity | |
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| Bond / NCD | |
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| Other Investment Options | PMS, Fixed Deposits, Insurance, Derivatives | Digital Gold, US Stocks, Fixed Deposits |
| Motilal Oswal | Groww | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Motilal Oswal | Groww | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Motilal Oswal | Groww | |
|---|---|---|
| Casual Investor | |
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| Active Investor | ||
| Trader | |
| Motilal Oswal | Groww | |
|---|---|---|
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| 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. |
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| Promo / Offers | Get Zero AMC for LifetimeMotilal 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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