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Motilal Oswal Vs iTradeOnline (Compare Motilal Oswal and iTradeOnline)

Motilal Oswal Securities Ltd Logo

About 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

iTradeOnline by Trustline Logo

About iTradeOnline
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of Rs 20 per executed order or 0.01% whichever is lower. The same low price is available across segments at BSE, NSE, and MCX. Unlike most discount brokers, iTradeOnline offers intraday leverage of up to 20x in equity, 2x in NSE F&O, 2x in NSE Currency and 8x in MCX futures. The cover orders (CO) are available... Know more about iTradeOnline by Trustline

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Motilal Oswal Vs iTradeOnline

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 , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Motilal Oswal iTradeOnline
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1987
Number of Branches 305
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Motilal Oswal Vs iTradeOnline Charges & AMC

Motilal Oswal trading account opening charges is Rs 0 while iTradeOnline account opening changes is Rs 0 (Free). Motilal Oswal Demat Account AMC Charges is Free (Rs 400 2nd year onward) and iTradeOnline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0.

  Motilal Oswal iTradeOnline
Trading Account Opening Charges Rs 0 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 Regular: Rs 0, Lifetime Free AMC: Rs 1000
Demat Account AMC Charges Free (Rs 400 2nd year onward) Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0

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Motilal Oswal Vs iTradeOnline Brokerage

Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas iTradeOnline brokerage charges for equity is Rs 20 per executed order or .01% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower.

Account Type Motilal Oswal Default Plan iTradeOnline Pay Per Trade
Fixed Charges Rs 0
Equity Delivery 0.50% Rs 20 per executed order or .01% whichever is lower
Equity Intraday 0.05% (both side) Rs 20 per executed order or .01% whichever is lower
Equity Futures 0.05% (both side) Rs 20 per executed order or .01% whichever is lower
Equity Options Rs 100 per lot (both side) Rs 20 per executed order or .01% whichever is lower
Currency Futures Rs 20 per lot (both side) Rs 20 per executed order or .01% whichever is lower
Currency Options Rs 20 per lot (both side) Rs 20 per executed order or .01% whichever is lower
Commodity Futures 0.05% (both side) Rs 20 per executed order or .01% whichever is lower
Commodity Options
Special Offer
Special Offer: Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer
Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

Motilal Oswal Vs iTradeOnline Brokerage Plan 2

  Motilal Oswal iTradeOnline
Account Type Value Pack (VP2KLT) Pay Per Trade
Fixed Charges Rs 2000 (one time fee) Rs 0
Equity Delivery 0.40% Rs 20 per executed order or .01% whichever is lower
Equity Intraday 0.04% (both side) Rs 20 per executed order or .01% whichever is lower
Equity Futures 0.04% (both side) Rs 20 per executed order or .01% whichever is lower
Equity Options Rs 50 per lot (both side) Rs 20 per executed order or .01% whichever is lower
Currency Futures Rs 22 per lot (both side) Rs 20 per executed order or .01% whichever is lower
Currency Options Rs 22 per lot (both side) Rs 20 per executed order or .01% whichever is lower
Commodity Futures 0.04% (both side) Rs 20 per executed order or .01% whichever is lower
Commodity Options
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Motilal Oswal Vs iTradeOnline Brokerage Plan 3

  Motilal Oswal iTradeOnline
Account Type Value Pack (VP1LACLT) Pay Per Trade
Fixed Charges Rs 1,00,000 (one time fee) Rs 0
Equity Delivery 0.10% Rs 20 per executed order or .01% whichever is lower
Equity Intraday 0.01% (both side) Rs 20 per executed order or .01% whichever is lower
Equity Futures 0.01% (both side) Rs 20 per executed order or .01% whichever is lower
Equity Options Rs 20 per lot (both side) Rs 20 per executed order or .01% whichever is lower
Currency Futures Rs 10 per lot (both side) Rs 20 per executed order or .01% whichever is lower
Currency Options Rs 10 per lot (both side) Rs 20 per executed order or .01% whichever is lower
Commodity Futures 0.01% (both side) Rs 20 per executed order or .01% whichever is lower
Commodity Options
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Motilal Oswal Charges Vs iTradeOnline

Minimum Brokerage Rs 25 for Delivery and Rs 12 for Intraday Rs 0 (No Minimum Brokerage)
Other Charges Minimum balance: Rs 1,000 Physical contact notes: Rs 20
Call & Trade Charges Nil Rs 0 (Free)

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Motilal Oswal Vs iTradeOnline Transaction Charges

Motilal Oswal transaction charges for options is NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) while iTradeOnline exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  Motilal Oswal iTradeOnline
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 1000 per Cr (0.01%) (each side) NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 200 per Cr (0.002%) (each side) NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Futures Rs 200 per Cr (0.002%) NSE Rs 190 per crore (0.0019%)
Equity Options NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) NSE Rs 5000 per crore (0.05%)
Currency Futures Rs 125 per Cr (0.00125%) NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%)
Currency Options Rs 4200 per Cr (0.042%)(on premium) NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500
Commodity MCX: Rs 250 per Cr (0.0025%) MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%)
Enquire Motilal OswalEnquire iTradeOnline

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Motilal Oswal Vs iTradeOnline Leverage (Margin)

Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the iTradeOnline margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Motilal Oswal iTradeOnline
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)
Enquire Motilal OswalEnquire iTradeOnline

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Compare Motilal Oswal and iTradeOnline Features

The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. iTradeOnline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

  Motilal Oswal iTradeOnline
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Orion Lite, MO Trader App Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Referral Program Yes
Enquire Motilal OswalEnquire iTradeOnline

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Motilal Oswal Vs iTradeOnline Review

Motilal Oswal is rated 2.4 of 5 based on 120 customer reviews whereas iTradeOnline is rated 4.0 of 5 based on 7 customer reviews.

  Motilal Oswal iTradeOnline
  120 Customer Reviews    Rate Motilal Oswal 7 Customer Reviews    Rate iTradeOnline
Fees 2.8 3.9
Brokerage 2.3 4.1
Trading Platform 3.0 3.9
Customer Service 2.6 3.7
Research Capabilities 2.5 1.0
Overall Ratings Rated 2.4 stars Rated 4.0 stars
Broker Rating Motilal Oswal is rated 2.4 of 5 based on 120 customer reviews iTradeOnline is rated 4.0 of 5 based on 7 customer reviews

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Contact Broker / Request A Call Back

  Motilal Oswal Enquire iTradeOnline Enquire
Contact Broker Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer
Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

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Motilal Oswal Vs iTradeOnline Investment Options

  Motilal Oswal iTradeOnline
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options PMS, Fixed Deposits, Insurance, Derivatives Insurance, Wealth Management

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Motilal Oswal Vs iTradeOnline Order Type Offered

  Motilal Oswal iTradeOnline
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) No
Good Till Cancelled (GTC) Yes
Enquire Motilal OswalEnquire iTradeOnline

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Motilal Oswal Vs iTradeOnline Research Report

  Motilal Oswal iTradeOnline
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 iTradeOnline Suitable For Investor Type

  Motilal Oswal iTradeOnline
Casual Investor
Active Investor Yes
Trader Yes Yes

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Motilal Oswal Vs iTradeOnline - Pros and Cons

  Motilal Oswal iTradeOnline
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.
  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Research based fundamental and technical analysis available to all the customers.
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.
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.
  • Separate account needed for Mutual Funds investment.
  • For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API's are now available.
  • Opening demat account along with the trading account is mandatory.
  • No extra charge for intraday or expiry positions closed by the broker.
Reviews
Promo / Offers

Get Zero AMC for Lifetime

Motilal Oswal offers Zero AMC for Lifetime Demat Account (Rs 400 waived) with Rs 25k margin or Rs 3k prepaid value pack. Also avail Rs 3k woth of discount vouchers, Rs 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.

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening.

This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you.

Enquire Motilal OswalEnquire iTradeOnline

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