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Motilal Oswal Vs Religare (Compare Motilal Oswal and Religare)

The side-by-side comparison of Motilal Oswal and Religare. Compare Motilal Oswal Vs Religare brokerage, charges, exposure margin, demat account. Read Religare and Motilal Oswal review.

Find out Motilal Oswal Vs Religare which is better and Motilal Oswal Vs Religare which is best.

Our Motilal Oswal Securities Ltd comparison with Religare highlights the major differences between two brokers. Find the best between Motilal Oswal and Religare.

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Motilal Oswal Vs Religare

  Motilal Oswal Securities Ltd Religare
 
Motilal Oswal Securities Ltd Logo Religare Logo
About the Broker 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 Fun... Know more about Motilal Oswal Securities Ltd Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant s... Know more about Religare
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Default Plan My Saver Online Plan
Broker Enquiry Open an Online Trading Account with Motilal Oswal. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Religare. Leave your contact info and we will get in touch with you.
Year of Incorporation 1987 1994
Number of Branches 305 1500
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Motilal Oswal Vs Religare Charges

  Motilal Oswal Securities Ltd Religare
Trading Account Opening Fees ₹1000 ₹500
Trading Account AMC ₹0 Nil
Demat Account Opening Fees ₹0 Nil
Demat Account AMC ₹299 (1st year free) ₹400 from second year onward
Demat Account is Mandatory? No No
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Motilal Oswal Vs Religare Brokerage

Brokerage Plan 1

  Motilal Oswal Securities Ltd Religare
Account Type Default Plan My Saver Online Plan
Fixed Charges
Equity Delivery Brokerage 0.50% 0.50% to 0.10%
Equity Intraday Brokerage 0.05% (both side) 0.050% to 0.010%
Equity Futures Brokerage 0.05% (both side) 0.05%
Equity Options Brokerage ₹100 per lot (both side) ₹70 per lot
Currency Futures Trading Brokerage ₹20 per lot (both side) 0.05%
Currency Options Trading Brokerage ₹20 per lot (both side) ₹30 per lot
Commodity Futures Trading Brokerage 0.05% (both side) 0.05%
Commodity Options Trading Brokerage ₹30 per lot

Brokerage Plan 2

  Motilal Oswal Securities Ltd Religare
Account Type Value Pack (VP2KLT) My Saver Online Plan
Fixed Charges ₹2000 (one time fee)
Equity Delivery Brokerage 0.40% 0.50% to 0.10%
Equity Intraday Brokerage 0.04% (both side) 0.050% to 0.010%
Equity Futures Brokerage 0.04% (both side) 0.05%
Equity Options Brokerage ₹50 per lot (both side) ₹70 per lot
Currency Futures Trading Brokerage ₹22 per lot (both side) 0.05%
Currency Options Trading Brokerage ₹22 per lot (both side) ₹30 per lot
Commodity Futures Trading Brokerage 0.04% (both side) 0.05%
Commodity Options Trading Brokerage ₹30 per lot

Brokerage Plan 3

  Motilal Oswal Securities Ltd Religare
Account Type Value Pack (VP1LACLT) My Saver Online Plan
Fixed Charges ₹1,00,000 (one time fee)
Equity Delivery Brokerage 0.10% 0.50% to 0.10%
Equity Intraday Brokerage 0.01% (both side) 0.050% to 0.010%
Equity Futures Brokerage 0.01% (both side) 0.05%
Equity Options Brokerage ₹20 per lot (both side) ₹70 per lot
Currency Futures Trading Brokerage ₹10 per lot (both side) 0.05%
Currency Options Trading Brokerage ₹10 per lot (both side) ₹30 per lot
Commodity Futures Trading Brokerage 0.01% (both side) 0.05%
Commodity Options Trading Brokerage ₹30 per lot

Other Charges

Minimum Brokerage Charges ₹25 for Delivery and ₹12 for Intraday 1p per share
Other Brokerage Charges Minimum balance: ₹1,000
Call & Trade Charges Nil ₹10 per executed order (max Rs 50 per day)
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Motilal Oswal Vs Religare Taxes

  Motilal Oswal Securities Ltd Religare
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Motilal Oswal Vs Religare Transaction Charges

  Motilal Oswal Securities Ltd Religare
Equity Delivery NSE: 0.00335% | BSE: 0.01% 0.0037%
Equity Intraday NSE: 0.00325% | BSE: 0.002% 0.0037%
Equity Futures 0.002% 0.004%
Equity Options NSE 0.0511% | BSE 0.002% (on premium) 0.06% on Premium
Currency Futures 0.00125% 0.004%
Currency Options 0.042% (on premium) 0.06% on Premium
Commodity MCX: 0.0025% 0.0035%
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Motilal Oswal Vs Religare Exposure Margin

  Motilal Oswal Securities Ltd Religare
Equity Delivery 4 times Upto 4x with 24% interest per year
Equity Intraday 20 time for Margin+ (Over 140 Stocks), 4 times for other stocks Upto 10x
Equity Futures Intraday: 3 times | Carry forward position: no exposure Upto 3x
Equity Options No exposure Upto 3x for shorting
Currency Futures NA Upto 2x
Currency Options NA 2x for shorting
Commodity Futures Intraday: 3 times | Carry forward position: no exposure Upto 3x
Commodity Options
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Motilal Oswal and Religare Feature Comparison

  Motilal Oswal Securities Ltd Religare
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 Available Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Orion Lite, MO Trader App Odin Diet, Web, Dynami
Intraday Square-off Time
Other Features Mutual Fund, EMI Calculator
Referral Program Yes
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Motilal Oswal Vs Religare Review

  Motilal Oswal Securities Ltd Religare
  80 Customer Reviews    Rate Motilal Oswal 71 Customer Reviews    Rate Religare
Fees Ratings 2.9 3.2
Trading Brokerage Rating 2.5 3.1
Trading Platform Usability 3.1 3.0
Customer Service Ratings 2.8 3.0
Overall Ratings Rated 2.7 stars Rated 2.9 stars
Broker Rating Motilal Oswal is Rated 2.7 / 5 based on 80 customer reviews Religare is Rated 2.9 / 5 based on 71 customer reviews
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Contact Broker / Request A Call Back

  Motilal Oswal Securities Ltd Religare
Contact / Request Call Back
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Motilal Oswal Vs Religare Investment Options

  Motilal Oswal Securities Ltd Religare
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 Religare Customer Service

  Motilal Oswal Securities Ltd Religare
24/7 Customer Service Yes No
Onine Live Chat No No
Through Branches Yes Yes
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Motilal Oswal Vs Religare Order Type Offered

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

  Motilal Oswal Securities Ltd Religare
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 Religare Suitable For Investor Type

  Motilal Oswal Securities Ltd Religare
Casual Investor
Active Investor
Trader Yes
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Motilal Oswal Vs Religare - Advantages and Disadvantages

  Motilal Oswal Securities Ltd Religare
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.

More Advantages...

  • 3 to 4 times exposure is given in cash as well as F&O segment.

More Advantages...

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.

More Disadvantages...

  • EXE Based trading terminal are available for Rs 999 per annum.
  • Call and Trade is charged at Rs 10 per executed order (maximum Rs 50 per day in a segment).

More Disadvantages...

Reviews
Promo / Offers

Free (Trading & Demat Account) + Free Brokerage for 1st Month

Motilal Oswal offers FREE Trading + Demat Account (₹1000 waived). You can also avail free brokerage for first month, 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 Trading + Demat Account

Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year.

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

Enquire about Motilal Oswal Enquire about Religare
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