About Motilal Oswal
With over 35 years of industry experience and a client base which expands to more than 50 lakhs, Motilal Oswal Financial Services Ltd. (MOFSL) has become synonymous with India's investment partner. Incorporated in the year 1987, the financial services firm offers trading services in Equity, Commodity, Currency and Derivatives. It also offers other products like Mutual Funds, IPOs, US Stocks, Gold,... 
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 ...
Incorporated in 1987, Motilal Oswal is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2500 branches across India. Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at NSE, BSE, MSEI, MCX. It has 270 branches across India.
| Motilal Oswal | HDFC Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | NSE, BSE, MSEI, MCX |
| Year of Incorporation | 1987 | 2002 |
| Number of Branches | 2500 | 270 |
| Open Motilal Oswal Account |
Motilal Oswal trading account opening charges is Rs 0 (Free) while HDFC Securities account opening changes is Rs 0. Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and HDFC Securities Demat Account AMC Charges is Rs 750 (from 2nd Year onwards).
| Motilal Oswal | HDFC Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 199 (Free for 1st Year) | Rs 750 (from 2nd Year onwards) |
Motilal Oswal Brokerage Charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas HDFC Securities brokerage charges for equity is 0.30% and Intraday is 0.03%.
| Account Type | Motilal Oswal Default Plan | HDFC Securities Optima |
|---|---|---|
| Fixed Charges | NA | Rs 999 (Life Time) |
| Equity Delivery | 0.20% | 0.30% |
| Equity Intraday | Rs 0 (Free for lifetime) | 0.03% |
| 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 | Special Offer: FREE Account Opening| ₹0 Brokerage for 30 Days (up to ₹1000)| Advisory & Research| Free 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes. | Zerodha (Flat Rs 20 Per Trade) 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 | Maxima |
| Fixed Charges | NA | Rs 2,999 (Life Time) |
| Equity Delivery | 0.20% | 0.20% |
| Equity Intraday | Rs 0 (Free for lifetime) | 0.02% |
| 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 | |
| Open Motilal Oswal Account |
| Motilal Oswal | HDFC Securities | |
|---|---|---|
| Account Type | Default Plan | Premia |
| Fixed Charges | NA | Rs 4,999 (Life Time) |
| Equity Delivery | 0.20% | 0.15% |
| Equity Intraday | Rs 0 (Free for lifetime) | 0.015% |
| 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 | |
| Open Motilal Oswal Account |
| Minimum Brokerage | Rs 25 for Delivery | |
| Other Charges | ||
| Call & Trade Charges | Free | Rs 0 |
| Open Motilal Oswal Account |
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 trading is up to 20% of the trade value (4x 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) |
| Open Motilal Oswal Account |
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 |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| 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 | 3:30 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | US Stocks, Portfolio Management Services, ETFs | FPOs, NCD / Bonds, ETFs - Gold and Index, DIY SIP in Equities |
| Open Motilal Oswal Account |
Motilal Oswal is rated of 5 based on 153 customer reviews whereas HDFC Securities is rated of 5 based on 232 customer reviews.
| Motilal Oswal | HDFC Securities | |
|---|---|---|
153 Customer Reviews  | 232 Customer Reviews | |
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| Broker Rating | Motilal Oswal is Rated 2.2 / 5 based on 153 customer reviews | HDFC Securities is Rated 2.1 / 5 based on 232 customer reviews |
| Motilal Oswal | HDFC Securities | |
|---|---|---|
| Contact Broker | FREE Account Opening| ₹0 Brokerage for 30 Days (up to ₹1000)| Advisory & Research| Free 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes. | 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 | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Motilal Oswal | HDFC Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Motilal Oswal | HDFC Securities | |
|---|---|---|
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| Promo / Offers | Motilal Oswal Special OfferFREE Account Opening (for a limited time only)
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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