Motilal Oswal Vs IIFL (Compare Motilal Oswal and IIFL)
The side-by-side comparison of Motilal Oswal and IIFL. Compare Motilal Oswal Vs IIFL brokerage, charges, exposure margin, demat account. Read IIFL and Motilal Oswal review.
Find out Motilal Oswal Vs IIFL which is better and Motilal Oswal Vs IIFL which is best.
Our Motilal Oswal Securities Ltd comparison with IIFL Securities Limited highlights the major differences between two brokers. Find the best between Motilal Oswal and IIFL.
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...
Incorporated in 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading.
IIFL off...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
NSE, BSE, MCX
Account Type
Default Plan
Standard Account
Broker Enquiry
Year of Incorporation
1987
1996
Number of Branches
305
900
Motilal Oswal Vs IIFL Charges
Motilal Oswal
IIFL
Trading Account Opening Fees
₹0
₹750
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹555
Demat Account AMC
Free (₹400 2nd year onward)
₹ 400 (One time)
Demat Account is Mandatory?
No
No
Motilal Oswal Vs IIFL Brokerage
Brokerage Plan 1
Motilal Oswal
IIFL
Account Type
Default Plan
Standard Account
Fixed Charges
Equity Delivery Brokerage
0.50%
0.50%
Equity Intraday Brokerage
0.05% (both side)
0.05%
Equity Futures Brokerage
0.05% (both side)
0.05%
Equity Options Brokerage
₹100 per lot (both side)
1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage
₹20 per lot (both side)
Rs 25 per lot
Currency Options Trading Brokerage
₹20 per lot (both side)
1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage
0.05% (both side)
0.05%
Commodity Options Trading Brokerage
Brokerage Plan 2
Motilal Oswal
IIFL
Account Type
Value Pack (VP2KLT)
Standard Account
Fixed Charges
₹2000 (one time fee)
Equity Delivery Brokerage
0.40%
0.50%
Equity Intraday Brokerage
0.04% (both side)
0.05%
Equity Futures Brokerage
0.04% (both side)
0.05%
Equity Options Brokerage
₹50 per lot (both side)
1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage
₹22 per lot (both side)
Rs 25 per lot
Currency Options Trading Brokerage
₹22 per lot (both side)
1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage
0.04% (both side)
0.05%
Commodity Options Trading Brokerage
Brokerage Plan 3
Motilal Oswal
IIFL
Account Type
Value Pack (VP1LACLT)
Standard Account
Fixed Charges
₹1,00,000 (one time fee)
Equity Delivery Brokerage
0.10%
0.50%
Equity Intraday Brokerage
0.01% (both side)
0.05%
Equity Futures Brokerage
0.01% (both side)
0.05%
Equity Options Brokerage
₹20 per lot (both side)
1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage
₹10 per lot (both side)
Rs 25 per lot
Currency Options Trading Brokerage
₹10 per lot (both side)
1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage
0.01% (both side)
0.05%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹25 for Delivery and ₹12 for Intraday
Rs 0.05 per share
Other Brokerage Charges
Minimum balance: ₹1,000
Advisory SMS - Rs 50 per month
Call & Trade Charges
Nil
Rs 50 per call
Motilal Oswal Vs IIFL Taxes
Motilal Oswal
IIFL
Securities Transaction Tax (STT)
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Motilal Oswal Vs IIFL Transaction Charges
Motilal Oswal
IIFL
Equity Delivery
NSE: 0.00335% | BSE: 0.01%
0.00325%
Equity Intraday
NSE: 0.00325% | BSE: 0.002%
0.00325%
Equity Futures
0.002%
0.0021%
Equity Options
NSE 0.0511% | BSE 0.002% (on premium)
0.051% on premium
Currency Futures
0.00125%
0.0021%
Currency Options
0.042% (on premium)
0.051% on premium
Commodity
MCX: 0.0025%
0.0028%
Motilal Oswal Vs IIFL Exposure Margin
Motilal Oswal
IIFL
Equity Delivery
4 times
Upto 3x with 18% interest per year
Equity Intraday
20 time for Margin+ (Over 140 Stocks), 4 times for other stocks
Upto 20x
Equity Futures
Intraday: 3 times | Carry forward position: no exposure
Upto 3x
Equity Options
No exposure
3x for shorting
Currency Futures
NA
Upto 2x
Currency Options
NA
2x for shorting
Commodity Futures
Intraday: 3 times | Carry forward position: no exposure
Upto 3x
Commodity Options
Motilal Oswal and IIFL Feature Comparison
Motilal Oswal
IIFL
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
Orion Lite, MO Trader App
TT Exe, TT Web, IIFL Markets
Intraday Square-off Time
Other Features
Market Mantra, Loyalty Points
Referral Program
Motilal Oswal Vs IIFL Review
Motilal Oswal
IIFL
84 Customer Reviews
105 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Motilal Oswal is Rated 2.6 / 5 based on 84 customer reviews
IIFL is Rated 2.7 / 5 based on 105 customer reviews
Contact Broker / Request A Call Back
Motilal Oswal Enquire
IIFL Enquire
Contact Broker
Motilal Oswal Vs IIFL Investment Options
Motilal Oswal
IIFL
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
PMS, Fixed Deposits, Insurance, Derivatives
Motilal Oswal Vs IIFL Customer Service
Motilal Oswal
IIFL
24/7 Customer Service
Onine Live Chat
Through Branches
Motilal Oswal Vs IIFL Order Type Offered
Motilal Oswal
IIFL
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Motilal Oswal Vs IIFL Research Report
Motilal Oswal
IIFL
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Motilal Oswal Vs IIFL Suitable For Investor Type
Motilal Oswal
IIFL
Casual Investor
Active Investor
Trader
Motilal Oswal Vs IIFL - Advantages and Disadvantages
Motilal Oswal
IIFL
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.
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.
Motilal Oswal offers FREE Trading + Demat Account (₹1000 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.
Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
Zerodha
Zero Account Opening Fee