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Motilal Oswal Vs RKSV Share Broker Comparison

The side-by-side comparison of Motilal Oswal Securities Ltd and RKSV Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between Motilal Oswal and RKSV's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Motilal Oswal and RKSV.

  Motilal Oswal Securities Ltd RKSV Securities Ltd
 
Motilal Oswal Securities Ltd Logo RKSV Securities Ltd 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 RKSV is Mumbai, India based popular discount broker offering budget brokerage plans to India stock & commodity market investors. RKSV is well known for its flat Rs 20 per trade irrespective to the size of the trade across trade segments including Equ... Know more about RKSV Securities Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Standard Account Standard 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 RKSV. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Motilal Oswal Securities Ltd RKSV Securities Ltd
Trading Account Opening Fees ₹0 ₹150
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹150
Demat Account AMC ₹299 (1st year free) ₹150
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Motilal Oswal Securities Ltd RKSV Securities Ltd
Account Type Standard Account Standard Plan
Fixed Charges
Equity Delivery Brokerage 0.15% to 0.50% ₹0
Equity Intraday Brokerage 0.015% to 0.05% ₹20
Equity Futures Brokerage 0.015% to 0.05% ₹20
Equity Options Brokerage ₹25 to ₹100 per Lot ₹20
Currency Futures Trading Brokerage 0.05% ₹20
Currency Options Trading Brokerage ₹20 per Lot ₹20
Commodity Futures Trading Brokerage 0.05% ₹20
Commodity Options Trading Brokerage No

Other Charges

Minimum Brokerage Charges ₹25 for Delivery and ₹12 for Intraday ₹0
Other Brokerage Charges Minimum balance: ₹1,000
Call & Trade Charges Nil ₹20 per executed order
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Taxes

  Motilal Oswal Securities Ltd RKSV Securities Ltd
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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Transaction Charges

  Motilal Oswal Securities Ltd RKSV Securities Ltd
Equity Delivery NSE: 0.00335% | BSE: 0.01% NSE ₹325 | BSE ₹275
Equity Intraday NSE: 0.00325% | BSE: 0.002% NSE ₹325 | BSE ₹275
Equity Futures 0.002% NSE ₹210
Equity Options NSE 0.0511% | BSE 0.002% (on premium) NSE ₹5500
Currency Futures 0.00125% ₹150
Currency Options 0.042% (on premium) ₹6000
Commodity MCX: 0.0025% MCX ₹260/Cr
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Exposure

  Motilal Oswal Securities Ltd RKSV Securities Ltd
Equity Delivery 4 times
Equity Intraday 20 time for Margin+ (Over 140 Stocks), 4 times for other stocks
Equity Futures Intraday: 3 times | Carry forward position: no exposure
Equity Options No exposure
Currency Futures NA
Currency Options NA
Commodity Intraday: 3 times | Carry forward position: no exposure
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Share Broker Features

  Motilal Oswal Securities Ltd RKSV Securities Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Orion Lite, MO Trader App NEST, Upstox
Intraday Square-off Time 3:15 PM
Other Features
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Broker Ratings (Average User Rating)

  Motilal Oswal Securities Ltd RKSV Securities Ltd
  79 Customer Reviews    Rate Motilal Oswal 80 Customer Reviews    Rate RKSV
Fees Ratings 2.9 4.1
Trading Brokerage Rating 2.5 4.3
Trading Platform Usability 3.1 3.4
Customer Service Ratings 2.8 3.7
Overall Ratings Rated 2.7 stars Rated 3.7 stars
Broker Rating Motilal Oswal is Rated 2.7 / 5 based on 79 customer reviews RKSV is Rated 3.7 / 5 based on 80 customer reviews
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Contact Broker / Request A Call Back

  Motilal Oswal Securities Ltd RKSV Securities Ltd
Contact / Request Call Back
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Investment Options Available

  Motilal Oswal Securities Ltd RKSV Securities Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options PMS, Fixed Deposits, Insurance, Derivatives
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Customer Service Offered

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

  Motilal Oswal Securities Ltd RKSV Securities Ltd
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) No
Good Till Cancelled (GTC) Yes
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Research / Tips / Reports Published

  Motilal Oswal Securities Ltd RKSV Securities Ltd
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Suitable for Investor Category

  Motilal Oswal Securities Ltd RKSV Securities Ltd
Casual Investor
Active Investor Yes
Trader Yes Yes

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Pros, Cons and Other Review Comments

  Motilal Oswal Securities Ltd RKSV Securities Ltd
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.

More Advantages...

  1. Brokerage free trading in equity delivery trades.
  2. RKSV (Upstox) mobile and web trading app available for free to all customers.
  3. Advance orders including AMO, CO and BO are available.
  4. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  5. AmiBroker connector available for Algo Trading.
  6. Mutual Funds are available for investment.
  7. Higher leverage is available under different brokerage plan.
  8. NRI Trading Account is available.

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...

  • Call and Trade is charged at extra Rs 20 per executed order.
  • High demat debit transaction charge. RKSV charge Rs 13 + Rs 5.50 CDSL while most other brokers charge Rs 8 + Rs 5.50 CDSL charges.
  • Doesn't offer facility to invest in IPO, FPO, Bond and NCD's.
  • Doesn't provide stock tips or recommendations.
  • 3-in-1 accounts are not available as company doesn't provide banking services.
  • 24/7 customer service is not available.
  • No margin funding.
  • Good Till Cancelled orders not available.
  • Unlimited monthly trading plans not available.
  • Additional fee for square off done by the broker.
  • Stock tips, research reports and recommondations are not available.

More Disadvantages...

Reviews Useful Articles about RKSV:
Promo / Offers

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

Motilal Oswal offers FREE Trading + Demat Account (₹500 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.

Enquire about Motilal Oswal Enquire about RKSV
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