FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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About Motilal Oswal
With over 35 years of industry experience and a client base which expands to more than 50 lakhs, Motilal Oswal Financial Services Ltd. (MOFSL) has become synonymous with India's investment partner. Incorporated in the year 1987, the financial services firm offers trading services in Equity, Commodity, Currency and Derivatives. It also offers other products like Mutual Funds, IPOs, US Stocks, Gold, Insurance, Fixed Income products and readymade portfolios such as Stock Baskets, Intelligent Adviso...
About Prostocks
ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited Equity and Derivatives Trading at Rs 899 per month or unlimited Currency Derivatives for Rs 499 per month. They are the cheapest broker in unlimited trading plans. Average share trader save between 60% to 99% on brokerage through this pl...
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 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.
Motilal Oswal | Prostocks | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
Year of Incorporation | 1987 | 2016 |
Number of Branches | 305 | 1 |
Open Motilal Oswal Account | Open Prostocks Account |
Motilal Oswal trading account opening charges is Rs 0 (Free) while Prostocks account opening changes is Rs 0 (Free). Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).
Motilal Oswal | Prostocks | |
---|---|---|
Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
Demat Account AMC Charges | Rs 199 (Free for 1st Year) | Rs 0 (Lifetime Zero AMC) |
Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.
Account Type | Motilal Oswal Default Plan | Prostocks Flat Rate Plan |
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Fixed Charges | NA | NA |
Equity Delivery | 0.20% | Rs 0 (Free) |
Equity Intraday | Rs 0 (Free for lifetime) | Rs 15 per executed order |
Equity Futures | 0.02% | Rs 15 per executed order |
Equity Options | Rs 20 per lot | Rs 15 per executed order |
Currency Futures | Rs 20 per lot | Rs 15 per executed order |
Currency Options | Rs 20 per lot | Rs 15 per executed order |
Commodity Futures | 0.02% | NA |
Commodity Options | Rs 200 Per Lot | NA |
Special Offer | Special Offer: FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes. |
Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.
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Motilal Oswal | Prostocks | |
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Account Type | Default Plan | Unlimited Equity Trading Plan |
Fixed Charges | NA | Rs 899 |
Equity Delivery | 0.20% | Rs 0 |
Equity Intraday | Rs 0 (Free for lifetime) | Rs 0 |
Equity Futures | 0.02% | Rs 0 |
Equity Options | Rs 20 per lot | Rs 0 |
Currency Futures | Rs 20 per lot | NA |
Currency Options | Rs 20 per lot | NA |
Commodity Futures | 0.02% | NA |
Commodity Options | Rs 200 Per Lot | NA |
Open Motilal Oswal Account | Open Prostocks Account |
Motilal Oswal | Prostocks | |
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Account Type | Default Plan | Unlimited Currency Trading Plan |
Fixed Charges | NA | Rs 499 |
Equity Delivery | 0.20% | NA |
Equity Intraday | Rs 0 (Free for lifetime) | NA |
Equity Futures | 0.02% | NA |
Equity Options | Rs 20 per lot | NA |
Currency Futures | Rs 20 per lot | Rs 0 |
Currency Options | Rs 20 per lot | Rs 0 |
Commodity Futures | 0.02% | NA |
Commodity Options | Rs 200 Per Lot | NA |
Open Motilal Oswal Account | Open Prostocks Account |
Minimum Brokerage | Rs 25 for Delivery | Rs 0 |
Other Charges | ||
Call & Trade Charges | Free | Rs 0 (Free) |
Motilal Oswal transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Prostocks exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium).
Motilal Oswal | Prostocks | |
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Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 200 per Cr (0.002%) | BSE Rs 0 |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Options | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | MCX: Rs 250 per Cr (0.0025%) | |
Open Motilal Oswal Account | Open Prostocks Account |
Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Prostocks margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Motilal Oswal | Prostocks | |
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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) |
Open Motilal Oswal Account | Open Prostocks Account |
The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.
Motilal Oswal | Prostocks | |
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3 in 1 Account | ||
Charting | ||
Automated Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding | ||
Margin Against Shares (Equity Cash) | ||
Margin Against Shares (Equity F&O) | ||
Trading Platform | MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE | ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API |
Intraday Square-off Time | Equity 3:15 PM | Curr: 4:45 PM | |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | ||
Open Motilal Oswal Account | Open Prostocks Account |
Motilal Oswal is rated 2.2 of 5 based on 141 customer reviews whereas Prostocks is rated 3.3 of 5 based on 41 customer reviews.
Motilal Oswal Enquire | Prostocks Enquire | |
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Contact Broker | FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes. | Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today. |
Motilal Oswal | Prostocks | |
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Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | PMS, Fixed Deposits, Insurance |
Motilal Oswal | Prostocks | |
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Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
Open Motilal Oswal Account | Open Prostocks Account |
Motilal Oswal | Prostocks | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
Motilal Oswal | Prostocks | |
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Casual Investor | ||
Active Investor | ||
Trader |
Motilal Oswal | Prostocks | |
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Reviews | ProStocks is among the most popular stock broker in India for unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market. ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds. |
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Promo / Offers | Motilal Oswal Special OfferFREE Account Opening (for a limited time only)
This is a limited-time offer. Simply Open your FREE Demat Account in 5 Minutes. |
Prostocks Special OfferUnlimited Monthly Trading @ Rs 899
This is a limited-time offer. Open FREE Instant Demat Account and start trading today. |
Open Motilal Oswal Account | Open Prostocks Account |
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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