Motilal Oswal Vs HDFC Securities Share Broker Comparison
The side-by-side comparison of Motilal Oswal Securities Ltd and HDFC Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between Motilal Oswal and HDFC Securities's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Motilal Oswal and HDFC Securities.
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Motilal Oswal Securities Ltd |
HDFC Securities Ltd |
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| About the Broker |
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 Fun...  |
HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account wi... |
Type of Broker
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Full Service Broker |
Full Service Broker |
| Supported Exchnage
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BSE, NSE, MCX |
BSE, NSE |
| Account Type
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Standard Account |
Online Trading |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Motilal Oswal Securities Ltd |
HDFC Securities Ltd |
| Trading Account Opening Fees
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₹0 |
₹999 |
| Trading Account AMC
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₹0 |
₹0 |
| Demat Account Opening Fees
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₹0 |
₹0 |
| Demat Account AMC
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₹299 (1st year free) |
₹750 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Motilal Oswal Securities Ltd |
HDFC Securities Ltd |
| Account Type |
Standard Account |
Online Trading |
| Fixed Charges
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| Equity Delivery Brokerage
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0.15% to 0.50% |
0.50% |
| Equity Intraday Brokerage
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0.015% to 0.05% |
0.10% |
| Equity Futures Brokerage
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0.015% to 0.05% |
0.05% |
| Equity Options Brokerage
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₹25 to ₹100 per Lot |
₹100 per lot or 1% of the premium (whichever is higher) |
| Currency Futures Trading Brokerage
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₹20 per Lot |
₹23 per contract |
| Currency Options Trading Brokerage
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₹20 per Lot |
₹20 per contract |
| Commodity Futures Trading Brokerage
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0.03% |
0.025% |
| Commodity Options Trading Brokerage
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₹100 per lot |
Other Charges
| Minimum Brokerage Charges
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₹25 for Delivery and ₹12 for Intraday |
₹25 plus taxes |
| Other Brokerage Charges
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Minimum balance: ₹1,000 |
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| Call & Trade Charges
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₹0 |
Taxes
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Motilal Oswal Securities Ltd |
HDFC Securities Ltd |
| Securities Transaction Tax (STT)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Motilal Oswal Securities Ltd |
HDFC Securities Ltd |
| Equity Delivery
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NSE: 0.00335% | BSE: 0.01% |
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| Equity Intraday
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NSE: 0.00325% | BSE: 0.002% |
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| Equity Futures
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0.002% |
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| Equity Options
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NSE 0.0511% | BSE 0.002% (on premium) |
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| Currency Futures
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0.00125% |
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| Currency Options
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0.042% (on premium) |
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| Commodity
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MCX: 0.0025% |
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Exposure
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Motilal Oswal Securities Ltd |
HDFC Securities Ltd |
| Equity Delivery
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4 times |
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| Equity Intraday
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20 time for Margin+ (Over 140 Stocks), 4 times for other stocks |
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| Equity Futures
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Intraday: 3 times | Carry forward position: no exposure |
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| Equity Options
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No exposure |
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| Currency Futures
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NA |
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| Currency Options
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NA |
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| Commodity
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Intraday: 3 times | Carry forward position: no exposure |
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Share Broker Features
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Motilal Oswal Securities Ltd |
HDFC Securities Ltd |
| 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 Available
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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
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Orion Lite |
ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify |
| Intraday Square-off Time
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3:30 PM |
| Other Features
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E-Margin, ENCASH, |
Broker Ratings (Average User Rating)
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Motilal Oswal Securities Ltd |
HDFC Securities Ltd |
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79 Customer Reviews  |
167 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Motilal Oswal is Rated 2.7 / 5 based on 79 customer reviews |
HDFC Securities is Rated 2.2 / 5 based on 167 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Motilal Oswal Securities Ltd |
HDFC Securities Ltd |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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PMS, Fixed Deposits, Insurance, Derivatives |
Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading |
Customer Service Offered
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Motilal Oswal Securities Ltd |
HDFC Securities Ltd |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Motilal Oswal Securities Ltd |
HDFC Securities Ltd |
| 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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Research / Tips / Reports Published
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Motilal Oswal Securities Ltd |
HDFC Securities Ltd |
| 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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Suitable for Investor Category
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Motilal Oswal Securities Ltd |
HDFC Securities Ltd |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Motilal Oswal Securities Ltd |
HDFC Securities Ltd |
| Pros
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- 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.
More Advantages... |
- The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.
More Advantages... |
| Cons
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- 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.
More Disadvantages... |
- In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of Rs. 5000) and a DP (depository participant) account with HDFC Bank.
- Very high brokerage charges
- Charge minimum brokerage of ₹25
More Disadvantages... |
| Reviews
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| Promo / Offers
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Free (Trading & Demat Account) + Free Brokerage for 1st Month
Motilal Oswal offers FREE Trading + Demat Account (₹500 waived). You can also avail free brokerage for first month, 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. |
HDFC 3-in-1 Account
HDFC Securities offers a full-service 3-in-1 account, a combination of saving bank, trading and demat account. One account to investment in Equity, Derivatives, Mutual Funds, IPO and Fixed Deposits. Special Offer: ₹750 demat account AMC is waived when you open your 3-in-1 account.
Interested in opening a trading account? Request Callback from a stock broker.
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Enquire about Motilal Oswal
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Enquire about HDFC Securities
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