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

The side-by-side comparison of Motilal Oswal and Indira Securities. Compare Motilal Oswal Vs Indira Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Motilal Oswal vs Indira Securities?


Motilal Oswal
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 Funds, IPOs, Gold, Insurance and Fixed Income products. MOSL is widely recognized for its MOAMC discretionary Portfolio Management Service (PMS). The PMS has a strong track record and consistently outperformed the benchmark across market cycles since it... Know more about Motilal Oswal Securities Ltd


Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL. The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers. Indira Securities offers both traditional and discount brokerage plans. In the ... Know more about Indira Securities Pvt Ltd

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Motilal Oswal Vs Indira 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 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.

  Motilal Oswal Indira Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX and NCDEX
Account Type Default Plan Traditional Plan
Year of Incorporation 1987 1987
Number of Branches 305 335
Broker Enquiry Open an Online Trading Account with Motilal Oswal. Leave your contact info and we will get in touch with you.
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Motilal Oswal Vs Indira Securities Charges & AMC

Motilal Oswal trading account opening charges is ₹0 while Indira Securities account opening changes is ₹0 (Free). Motilal Oswal Demat Account AMC Charges is Free (₹400 2nd year onward) and Indira Securities Demat Account AMC Charges is ₹450 (Free for 1st year).

  Motilal Oswal Indira Securities
Trading Account Opening Charges ₹0 ₹0 (Free)
Trading Account AMC Charges ₹0 ₹0 (Free)
Demat Account Opening Charges ₹0 ₹0 (Free)
Demat Account AMC Charges Free (₹400 2nd year onward) ₹450 (Free for 1st year)
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Motilal Oswal Vs Indira Securities Brokerage Charges & Plans

Motilal Oswal Vs Indira Securities Brokerage

Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

  Motilal Oswal Indira Securities
Account Type Default Plan Traditional Plan
Fixed Charges
Equity Delivery Brokerage 0.50% 0.10%
Equity Intraday Brokerage 0.05% (both side) 0.01%
Equity Futures Brokerage 0.05% (both side) 0.01%
Equity Options Brokerage ₹100 per lot (both side) ₹25 per lot (both side)
Currency Futures Trading Brokerage ₹20 per lot (both side) 0.01%
Currency Options Trading Brokerage ₹20 per lot (both side) ₹25 per lot (both side)
Commodity Futures Trading Brokerage 0.05% (both side) 0.01%
Commodity Options Trading Brokerage ₹25 per lot (both side)
Special Offer
Special Offer: Get Zero AMC for Lifetime (with ₹25k margin or ₹3k Value Pack) for limited time. Get the offer
Special Offer: FREE Account Opening (₹650 waived) + Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Motilal Oswal Vs Indira Securities Brokerage Plan 2

  Motilal Oswal Indira Securities
Account Type Value Pack (VP2KLT) Discount Brokerage Plan
Fixed Charges ₹2000 (one time fee) NA
Equity Delivery Brokerage 0.40% ₹20 per executed order
Equity Intraday Brokerage 0.04% (both side) ₹20 per executed order
Equity Futures Brokerage 0.04% (both side) ₹20 per executed order
Equity Options Brokerage ₹50 per lot (both side) ₹20 per executed order
Currency Futures Trading Brokerage ₹22 per lot (both side) ₹20 per executed order
Currency Options Trading Brokerage ₹22 per lot (both side) ₹20 per executed order
Commodity Futures Trading Brokerage 0.04% (both side) ₹20 per executed order
Commodity Options Trading Brokerage ₹20 per executed order

Motilal Oswal Vs Indira Securities Brokerage Plan 3

  Motilal Oswal Indira Securities
Account Type Value Pack (VP1LACLT) Traditional Plan
Fixed Charges ₹1,00,000 (one time fee) NA
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) ₹25 per lot (both side)
Currency Futures Trading Brokerage ₹10 per lot (both side) 0.01%
Currency Options Trading Brokerage ₹10 per lot (both side) ₹25 per lot (both side)
Commodity Futures Trading Brokerage 0.01% (both side) 0.01%
Commodity Options Trading Brokerage ₹25 per lot (both side)

Motilal Oswal Charges Vs Indira Securities

Minimum Brokerage Charges ₹25 for Delivery and ₹12 for Intraday ₹20 per executed order
Other Brokerage Charges Minimum balance: ₹1,000
Call & Trade Charges Nil ₹0 (Free)
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Motilal Oswal Vs Indira 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 Indira Securities exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium).

  Motilal Oswal Indira Securities
Equity Delivery NSE ₹335 per Cr (0.00335%) | BSE ₹1000 per Cr (0.01%) (each side) NSE ₹325 per Cr (0.00325%)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹200 per Cr (0.002%) (each side) NSE ₹325 per Cr (0.00325%)
Equity Futures ₹200 per Cr (0.002%) NSE ₹190 per Cr (0.0019%)
Equity Options NSE ₹5110 per Cr (0.0511%) | BSE ₹200 per Cr (0.002%) (on premium) NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures ₹125 per Cr (0.00125%) NSE ₹120 per Cr (0.0012%)
Currency Options ₹4200 per Cr (0.042%)(on premium) NSE ₹500 per Cr (0.005%) (on premium)
Commodity MCX: ₹250 per Cr (0.0025%) Non-Agri: ₹260 per Cr (0.0026%) | Agri: ₹600 per Cr (0.006%)
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Motilal Oswal Vs Indira Securities Leverage (Margin)

Motilal Oswal provides the margin of 20x for Margin+ (Over 140 Stocks), 4x for other stocks for intraday trades whereas the Indira Securities margin for intraday cash is Up to 10x (based on the stock).

  Motilal Oswal Indira Securities
Equity Delivery 4x 1x (no margin)
Equity Intraday 20x for Margin+ (Over 140 Stocks), 4x for other stocks Up to 10x (based on the stock)
Equity Futures Upto 3x for Intraday Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Equity Options No exposure 1x (no margin)
Currency Futures NA Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Currency Options No exposure 1x (no margin)
Commodity Futures Upto 3x for Intraday Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Commodity Options No exposure 1x (no margin)
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Compare Motilal Oswal and Indira Securities Features

The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. Indira Securities offers ODIN trading software.

  Motilal Oswal Indira Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Orion Lite, MO Trader App ODIN
Intraday Square-off Time 3:15 PM
Other Features
Referral Program Yes Yes
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Motilal Oswal Vs Indira Securities Review

Motilal Oswal is rated 2.4 of 5 based on 99 customer reviews whereas Indira Securities is rated 4.5 of 5 based on 2 customer reviews.

  Motilal Oswal Indira Securities
  99 Customer Reviews    Rate Motilal Oswal 2 Customer Reviews    Rate Indira Securities
Fees 2.8 3.0
Trading Brokerage 2.4 5.0
Trading Platform Usability 2.9 4.5
Customer Service 2.7 4.5
Research Capabilities 2.1 5.0
Overall Ratings Rated 2.4 stars Rated 4.5 stars
Broker Rating Motilal Oswal is rated 2.4 of 5 based on 99 customer reviews Indira Securities is rated 4.5 of 5 based on 2 customer reviews
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Contact Broker / Request A Call Back

  Motilal Oswal Enquire Indira Securities Enquire
Contact Broker

Get Zero AMC for Lifetime (with ₹25k margin or ₹3k Value Pack) for limited time. Get the offer

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Motilal Oswal Vs Indira Securities Investment Options

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

  Motilal Oswal Indira Securities
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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Motilal Oswal Vs Indira Securities Research Report

  Motilal Oswal Indira Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Motilal Oswal Vs Indira Securities Suitable For Investor Type

  Motilal Oswal Indira Securities
Casual Investor
Active Investor Yes
Trader Yes Yes
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Motilal Oswal Vs Indira Securities - Pros and Cons

  Motilal Oswal Indira 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.
  • Full-service broker offering discount brokerage plan.
  • Relationship manager even for online customers.
  • Offers ODIN as trading platform.
  • Investment in mutual fund for free.
  • Pan India presence with hundreds of branches, and business partners.
  • No charges for Call & Trade and Auto Square-off.
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.
  1. Flat-rate brokerage plans (₹20 per trade) is not available in MP and Rajasthan.
  2. Advance order types i.e. CO, and BO are not available in the mobile app.
  3. Doesn't offer NRI trading 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.

Free Equity Delivery Trading

Get FREE equity delivery trading and pay flat ₹20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. To open an online paperless account, visit Indira Securities Website

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