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

Motilal Oswal Vs IIFL 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 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India.

	Motilal Oswal	IIFL Securities
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX	NSE, BSE, MCX
Account Type	Default Plan	Investor Plan (Online Plus)
Year of Incorporation	1987	1996
Number of Branches	305	900
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Motilal Oswal Vs IIFL Securities Charges & AMC

Motilal Oswal trading account opening charges is ₹0 while IIFL Securities account opening changes is ₹250 (Currently waived off). Motilal Oswal Demat Account AMC Charges is Free (₹400 2nd year onward) and IIFL Securities Demat Account AMC Charges is ₹250 (Free for first year).

	Motilal Oswal	IIFL Securities
Trading Account Opening Charges	₹0	₹250 (Currently waived off)
Trading Account AMC Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account AMC Charges	Free (₹400 2nd year onward)	₹250 (Free for first year)

Motilal Oswal Vs IIFL Securities Brokerage

Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas IIFL Securities brokerage charges for equity is 0.25% and intraday is 0.025%.

	Motilal Oswal	IIFL Securities
Account Type	Default Plan	Investor Plan (Online Plus)
Fixed Charges
Equity Delivery Brokerage	0.50%	0.25%
Equity Intraday Brokerage	0.05% (both side)	0.025%
Equity Futures Brokerage	0.05% (both side)	0.025%
Equity Options Brokerage	₹100 per lot (both side)	₹25 per lot
Currency Futures Trading Brokerage	₹20 per lot (both side)	0.025% or ₹20 per lot
Currency Options Trading Brokerage	₹20 per lot (both side)	₹8 per lot
Commodity Futures Trading Brokerage	0.05% (both side)	0.025%
Commodity Options Trading Brokerage		Gold ₹125 | Silver ₹80 | Crude Oil ₹80
Special Offer	Special Offer: Get Zero AMC for Lifetime (with ₹25k margin or ₹3k Value Pack) for limited time. Get the offer	Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

Motilal Oswal Vs IIFL Securities Brokerage Plan 2

	Motilal Oswal	IIFL Securities
Account Type	Value Pack (VP2KLT)	Premium Plan (Dedicated RM)
Fixed Charges	₹2000 (one time fee)	NA
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)	₹50 per lot
Currency Futures Trading Brokerage	₹22 per lot (both side)	0.05% or ₹20 per lot
Currency Options Trading Brokerage	₹22 per lot (both side)	₹10 per lot
Commodity Futures Trading Brokerage	0.04% (both side)	0.05%
Commodity Options Trading Brokerage		Gold ₹150 | Silver ₹100 | Crude Oil ₹100
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Motilal Oswal Vs IIFL Securities Brokerage Plan 3

	Motilal Oswal	IIFL Securities
Account Type	Value Pack (VP1LACLT)	Super Trader Plan (Pro Traders)
Fixed Charges	₹1,00,000 (one time fee)	₹999
Equity Delivery Brokerage	0.10%	0.10%
Equity Intraday Brokerage	0.01% (both side)	0.01%
Equity Futures Brokerage	0.01% (both side)	0.01%
Equity Options Brokerage	₹20 per lot (both side)	flat ₹10 per lot
Currency Futures Trading Brokerage	₹10 per lot (both side)	0.015% or ₹15 per lot
Currency Options Trading Brokerage	₹10 per lot (both side)	flat ₹5 per lot
Commodity Futures Trading Brokerage	0.01% (both side)	0.015%
Commodity Options Trading Brokerage		Gold ₹80 | Silver ₹50 | Crude Oil ₹50
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Motilal Oswal Charges Vs IIFL Securities

Minimum Brokerage Charges	₹25 for Delivery and ₹12 for Intraday	₹0.05 per share (₹25 Min)
Other Brokerage Charges	Minimum balance: ₹1,000	Advisory SMS - ₹50 per month
Call & Trade Charges	Nil	₹50 per call

Motilal Oswal Vs IIFL Securities Transaction Charges

Motilal Oswal transaction charges for options is NSE ₹5110 per Cr (0.0511%) | BSE ₹200 per Cr (0.002%) (on premium) while IIFL Securities exchange transaction charges for options is ₹5100 per Cr (0.051%) (on premium).

	Motilal Oswal	IIFL Securities
Equity Delivery	NSE ₹335 per Cr (0.00335%) | BSE ₹1000 per Cr (0.01%) (each side)	₹325 per Cr (0.00325%)
Equity Intraday	NSE ₹325 per Cr (0.00325%) | BSE ₹200 per Cr (0.002%) (each side)	₹325 per Cr (0.00325%)
Equity Futures	₹200 per Cr (0.002%)	₹210 per Cr (0.0021%)
Equity Options	NSE ₹5110 per Cr (0.0511%) | BSE ₹200 per Cr (0.002%) (on premium)	₹5100 per Cr (0.051%) (on premium)
Currency Futures	₹125 per Cr (0.00125%)	₹210 per Cr (0.0021%)
Currency Options	₹4200 per Cr (0.042%)(on premium)	₹5100 per Cr (0.051%) (on premium)
Commodity	MCX: ₹250 per Cr (0.0025%)	Group A - ₹280 per Cr (0.0028%)
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Motilal Oswal Vs IIFL Securities Leverage (Margin)

Motilal Oswal provides the margin of 20x for Margin+ (Over 140 Stocks), 4x for other stocks for intraday trades whereas the IIFL Securities margin for intraday cash is Upto 20x.

	Motilal Oswal	IIFL Securities
Equity Delivery	4x	Upto 3x (18% Annual Interest)
Equity Intraday	20x for Margin+ (Over 140 Stocks), 4x for other stocks	Upto 20x
Equity Futures	Upto 3x for Intraday	Upto 3x
Equity Options	No exposure	3x for shorting
Currency Futures	NA	Upto 2x
Currency Options	No exposure	2x for shorting
Commodity Futures	Upto 3x for Intraday	Upto 3x
Commodity Options	No exposure	Upto 3x
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Compare Motilal Oswal and IIFL Securities Features

The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. IIFL Securities offers IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App trading software.

	Motilal Oswal	IIFL Securities
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	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App
Intraday Square-off Time
Other Features
Referral Program
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Motilal Oswal Vs IIFL Securities Review

Motilal Oswal is rated 2.4 of 5 based on 102 customer reviews whereas IIFL Securities is rated 2.7 of 5 based on 112 customer reviews.

	Motilal Oswal	IIFL Securities
	102 Customer Reviews	112 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Motilal Oswal is rated 2.4 of 5 based on 102 customer reviews	IIFL Securities is rated 2.7 of 5 based on 112 customer reviews

Motilal Oswal Vs IIFL Securities Investment Options

	Motilal Oswal	IIFL Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	PMS, Fixed Deposits, Insurance, Derivatives	Insurance

Motilal Oswal Vs IIFL Securities Order Type Offered

	Motilal Oswal	IIFL 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 IIFL Securities Research Report

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

Motilal Oswal Vs IIFL Securities Suitable For Investor Type

	Motilal Oswal	IIFL Securities
Casual Investor
Active Investor
Trader

Motilal Oswal Vs IIFL Securities - Pros and Cons

	Motilal Oswal	IIFL 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.	4000+ branches in 900+ cities make them your neighborhood broker. Being a full service broker, they offer wide range of financial products and services. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund. India Infoline Ltd is a publicly traded company listed at BSE and NSE.
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.	SMS alerts at additional ₹249 per month Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL. India Infoline doesn't provide 3-in-1 account.
Reviews
Promo / Offers	Get Zero AMC for Lifetime Motilal Oswal offers Zero AMC for Lifetime Demat Account (₹400 waived) with ₹25k margin or ₹3k prepaid value pack. Also avail ₹3k woth of discount vouchers, ₹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.	Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
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