Motilal Oswal Vs HDFC Securities (Compare Motilal Oswal and HDFC Securities)

Motilal Oswal Vs HDFC Securities

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
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Motilal Oswal Vs HDFC Securities Charges & AMC

Motilal Oswal trading account opening charges is Rs 0 while HDFC Securities account opening changes is Rs 999. Motilal Oswal Demat Account AMC Charges is Free (Rs 400 2nd year onward) and HDFC Securities Demat Account AMC Charges is Rs 750.

	Motilal Oswal	HDFC Securities
Trading Account Opening Charges	Rs 0	Rs 999
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 750

Motilal Oswal Vs HDFC Securities Brokerage

Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05%.

	Motilal Oswal	HDFC Securities
Account Type	Default Plan	Online Trading
Fixed Charges		NA
Equity Delivery	0.50%	0.50%
Equity Intraday	0.05% (both side)	0.05%
Equity Futures	0.05% (both side)	0.05%
Equity Options	Rs 100 per lot (both side)	Rs 100 per lot or 1% of the premium (whichever is higher)
Currency Futures	Rs 20 per lot (both side)	Rs 23 per contract
Currency Options	Rs 20 per lot (both side)	Rs 20 per contract
Commodity Futures	0.05% (both side)	0.02% for Intraday / 0.025% for positional
Commodity Options		0.02% for Intraday / 0.025% for positional
Special Offer	Special Offer: Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer	Special Offer: Rs 750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.

Motilal Oswal Vs HDFC Securities Brokerage Plan 2

	Motilal Oswal	HDFC Securities
Account Type	Value Pack (VP2KLT)	Online Trading
Fixed Charges	Rs 2000 (one time fee)	NA
Equity Delivery	0.40%	0.50%
Equity Intraday	0.04% (both side)	0.05%
Equity Futures	0.04% (both side)	0.05%
Equity Options	Rs 50 per lot (both side)	Rs 100 per lot or 1% of the premium (whichever is higher)
Currency Futures	Rs 22 per lot (both side)	Rs 23 per contract
Currency Options	Rs 22 per lot (both side)	Rs 20 per contract
Commodity Futures	0.04% (both side)	0.02% for Intraday / 0.025% for positional
Commodity Options		0.02% for Intraday / 0.025% for positional
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Motilal Oswal Vs HDFC Securities Brokerage Plan 3

	Motilal Oswal	HDFC Securities
Account Type	Value Pack (VP1LACLT)	Online Trading
Fixed Charges	Rs 1,00,000 (one time fee)	NA
Equity Delivery	0.10%	0.50%
Equity Intraday	0.01% (both side)	0.05%
Equity Futures	0.01% (both side)	0.05%
Equity Options	Rs 20 per lot (both side)	Rs 100 per lot or 1% of the premium (whichever is higher)
Currency Futures	Rs 10 per lot (both side)	Rs 23 per contract
Currency Options	Rs 10 per lot (both side)	Rs 20 per contract
Commodity Futures	0.01% (both side)	0.02% for Intraday / 0.025% for positional
Commodity Options		0.02% for Intraday / 0.025% for positional
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Motilal Oswal Charges Vs HDFC Securities

Minimum Brokerage	Rs 25 for Delivery and Rs 12 for Intraday	Rs 25 plus taxes
Other Charges	Minimum balance: Rs 1,000
Call & Trade Charges	Nil	Rs 0

Motilal Oswal Vs HDFC Securities 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 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
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Motilal Oswal Vs HDFC Securities 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 HDFC Securities 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	HDFC Securities
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)
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Compare Motilal Oswal and HDFC Securities Features

The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. HDFC Securities offers ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify trading software.

	Motilal Oswal	HDFC Securities
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	ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify
Intraday Square-off Time		3:30 PM
Other Features		E-Margin, ENCASH,
Referral Program
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Motilal Oswal Vs HDFC Securities Review

Motilal Oswal is rated 2.4 of 5 based on 114 customer reviews whereas HDFC Securities is rated 2.2 of 5 based on 207 customer reviews.

	Motilal Oswal	HDFC Securities
	114 Customer Reviews	207 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	HDFC Securities is rated 2.2 of 5 based on 207 customer reviews

Motilal Oswal Vs HDFC Securities Investment Options

	Motilal Oswal	HDFC Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	PMS, Fixed Deposits, Insurance, Derivatives	Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading

Motilal Oswal Vs HDFC Securities Order Type Offered

	Motilal Oswal	HDFC Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Motilal Oswal Vs HDFC Securities Research Report

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

Motilal Oswal Vs HDFC Securities Suitable For Investor Type

	Motilal Oswal	HDFC Securities
Casual Investor
Active Investor
Trader

Motilal Oswal Vs HDFC Securities - Pros and Cons

	Motilal Oswal	HDFC Securities
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.	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.
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.	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 Rs 25
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.	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: Rs 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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