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

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
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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)

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)

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%)

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)

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
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	ODIN
Intraday Square-off Time		3:15 PM
Other Features
Referral Program

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	2 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 99 customer reviews	Indira Securities is rated 4.5 of 5 based on 2 customer reviews

Motilal Oswal Vs Indira Securities Investment Options

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

Motilal Oswal Vs Indira Securities Order Type Offered

	Motilal Oswal	Indira Securities
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 Indira Securities Research Report

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

Motilal Oswal Vs Indira Securities Suitable For Investor Type

	Motilal Oswal	Indira Securities
Casual Investor
Active Investor
Trader

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.	Flat-rate brokerage plans (₹20 per trade) is not available in MP and Rajasthan. Advance order types i.e. CO, and BO are not available in the mobile app. 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