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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.
Motilal Oswal has diversified client base that includes retail customers (including High Net worth Individuals), mutual funds, foreign institutional investors, financial institutions and corpora... 
About HDFC Securities
Incorporated in 2000, HDFC Securities is one of the leading full-service stock brokers in India. HDFC Securities is a subsidiary of HDFC Bank. The company allows its customers to trade and invest in shares, bonds, futures, options, buybacks, mutual funds, IPOs, currency derivatives, commodities, stock portfolios, etc. HDFC Securities is a SEBI registered broker and a member of BSE, NSE, MCX, CDSL and NSDL.
HDFC Securities provides trading services through multiple trading platforms to make cust...
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 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India.
| Motilal Oswal | HDFC Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 1987 | 2002 |
| Number of Branches | 305 | 270 |
Motilal Oswal trading account opening charges is Rs 0 (Free) while HDFC Securities account opening changes is Rs 999. Motilal Oswal Demat Account AMC Charges is Rs 400 (Free for 1st Year) and HDFC Securities Demat Account AMC Charges is Rs 750.
| Motilal Oswal | HDFC Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 999 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 400 (Free for 1st Year) | Rs 750 |
Motilal Oswal brokerage charges for equity is 0.20% and intraday is 0.02% whereas HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05%.
| Account Type | Motilal Oswal Default Plan | HDFC Securities Lite Zero Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | 0.50% |
| Equity Intraday | 0.02% | 0.05% |
| Equity Futures | 0.02% | Rs 20 per trade |
| Equity Options | Rs 20 per lot | Rs 20 per trade |
| Currency Futures | Rs 20 per lot | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.02% | |
| Commodity Options | Rs 200 Per Lot | |
| Special Offer | Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Motilal Oswal | HDFC Securities | |
|---|---|---|
| Account Type | Default Plan | Lite 199 Yearly Subscription Plan |
| Fixed Charges | Rs 199 per year | |
| Equity Delivery | 0.20% | 0.32% |
| Equity Intraday | 0.02% | 0.032% |
| Equity Futures | 0.02% | Rs 20 per trade |
| Equity Options | Rs 20 per lot | Rs 20 per trade |
| Currency Futures | Rs 20 per lot | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.02% | |
| Commodity Options | Rs 200 Per Lot | |
| Motilal Oswal | HDFC Securities | |
|---|---|---|
| Account Type | Default Plan | Alpha+ 5999 Yearly Subscription Plan |
| Fixed Charges | Rs 5,999 per year | |
| Equity Delivery | 0.20% | 0.10% |
| Equity Intraday | 0.02% | 0.010% |
| Equity Futures | 0.02% | Rs 20 per trade |
| Equity Options | Rs 20 per lot | Rs 20 per trade |
| Currency Futures | Rs 20 per lot | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.02% | |
| Commodity Options | Rs 200 Per Lot | |
| Minimum Brokerage | Rs 25 for Delivery | Rs. 25 per order on equity segment |
| Other Charges | ||
| Call & Trade Charges | Free | Rs 0 |
Motilal Oswal transaction charges for options is NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) while HDFC Securities exchange transaction charges for options is 0.050% (on premium).
| Motilal Oswal | HDFC Securities | |
|---|---|---|
| Equity Delivery | NSE Rs 335 per Cr (0.00335%) | BSE Rs 1000 per Cr (0.01%) (each side) | 0.00325% |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 200 per Cr (0.002%) (each side) | 0.00325% |
| Equity Futures | Rs 200 per Cr (0.002%) | .00190% |
| Equity Options | NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) | 0.050% (on premium) |
| Currency Futures | Rs 125 per Cr (0.00125%) | 0.00110% |
| Currency Options | Rs 4200 per Cr (0.042%)(on premium) | 0.040% (on premium) |
| Commodity | MCX: Rs 250 per Cr (0.0025%) | NA |
Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the HDFC Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Motilal Oswal | HDFC Securities | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. HDFC Securities offers ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify trading software.
| Motilal Oswal | HDFC Securities | |
|---|---|---|
| 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 F&O) | |
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| Trading Platform | MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE | ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify |
| Intraday Square-off Time | 3:30 PM | |
| Trading In SME Shares Allowed? | ||
| Referral Program | |
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| Other Features | E-Margin, ENCASH, | |
Motilal Oswal is rated 2.3 of 5 based on 131 customer reviews whereas HDFC Securities is rated 2.2 of 5 based on 222 customer reviews.
| Motilal Oswal | HDFC Securities | |
|---|---|---|
131 Customer Reviews  |
222 Customer Reviews |
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| Broker Rating | Motilal Oswal is rated 2.3 of 5 based on 131 customer reviews | HDFC Securities is rated 2.2 of 5 based on 222 customer reviews |
| Motilal Oswal Enquire | HDFC Securities Enquire | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Motilal Oswal | HDFC Securities | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| IPO | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | PMS, Fixed Deposits, Insurance | Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading |
| Motilal Oswal | HDFC Securities | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| Good Till Cancelled (GTC) | |
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| Motilal Oswal | HDFC Securities | |
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| Daily Market Report | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Motilal Oswal | HDFC Securities | |
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| Motilal Oswal | HDFC Securities | |
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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