FREE Account Opening + No Clearing Fees
Loading...

Motilal Oswal Vs Upstox (Compare Motilal Oswal and Upstox)

Motilal Oswal Securities Ltd Logo

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... Know more about Motilal Oswal Securities Ltd

Upstox Logo

About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox

Expand

Motilal Oswal Vs Upstox

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 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

  Motilal Oswal Upstox
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1987 2012
Number of Branches 305 4
Open Motilal Oswal AccountOpen Upstox Account

Expand

Motilal Oswal Vs Upstox Charges & AMC

Motilal Oswal trading account opening charges is Rs 0 (Free) while Upstox account opening changes is Rs 0 (Free). Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and Upstox Demat Account AMC Charges is Rs 150.

  Motilal Oswal Upstox
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 199 (Free for 1st Year) Rs 150

Expand

Motilal Oswal Vs Upstox Brokerage

Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type Motilal Oswal Default Plan Upstox Default
Fixed Charges NA NA
Equity Delivery 0.20% Rs 20 per executed order or 2.5% whichever is low
Equity Intraday Rs 0 (Free for lifetime) Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 0.02% Rs 20 per executed order or 0.05% whichever is lower
Equity Options Rs 20 per lot Rs 20 per executed order
Currency Futures Rs 20 per lot Rs 20 per executed order or 0.05% whichever is lower
Currency Options Rs 20 per lot Rs 20 per executed order
Commodity Futures 0.02% Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Rs 200 Per Lot Rs 20 per executed order
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 flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

Motilal Oswal Charges Vs Upstox

Minimum Brokerage Rs 25 for Delivery 0.05%
Other Charges Auto Square-off Charges: Rs 50
Call & Trade Charges Free Rs 20 per trade

Expand

Motilal Oswal Vs Upstox Transaction Charges

Motilal Oswal transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Upstox exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

  Motilal Oswal Upstox
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | 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 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (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 22 per Cr (0.00022%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity MCX: Rs 250 per Cr (0.0025%) Group A - Rs 290 per Cr (0.0029%)
Open Motilal Oswal AccountOpen Upstox Account

Expand

Motilal Oswal Vs Upstox Leverage (Margin)

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

  Motilal Oswal Upstox
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 AccountOpen Upstox Account

Expand

Compare Motilal Oswal and Upstox Features

The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

  Motilal Oswal Upstox
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time 3:00 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes Yes
Other Features Option strategy builder
Open Motilal Oswal AccountOpen Upstox Account

Expand

Motilal Oswal Vs Upstox Review

Motilal Oswal is rated 2.2 of 5 based on 138 customer reviews whereas Upstox is rated 2.4 of 5 based on 142 customer reviews.

  Motilal Oswal Upstox
  138 Customer Reviews    Rate Motilal Oswal 142 Customer Reviews    Rate Upstox
Fees 2.7 3.4
Brokerage 2.1 3.4
Trading Platform 2.9 2.6
Customer Service 2.5 2.3
Research Capabilities 2.2 2.2
Overall Ratings Rated 2.2 stars Rated 2.4 stars
Broker Rating Motilal Oswal is rated 2.2 of 5 based on 138 customer reviews Upstox is rated 2.4 of 5 based on 142 customer reviews

Expand

Contact Broker / Request A Call Back

  Motilal Oswal Enquire Upstox Enquire
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 flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

Expand

Motilal Oswal Vs Upstox Investment Options

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

Expand

Motilal Oswal Vs Upstox Order Type Offered

  Motilal Oswal Upstox
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
Open Motilal Oswal AccountOpen Upstox Account

Expand

Motilal Oswal Vs Upstox Research Report

  Motilal Oswal Upstox
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

Expand

Motilal Oswal Vs Upstox Suitable For Investor Type

  Motilal Oswal Upstox
Casual Investor Yes
Active Investor Yes
Trader Yes Yes

Expand

Motilal Oswal Vs Upstox - Pros and Cons

  Motilal Oswal Upstox
Pros
  1. 35+ years of Trading and Investing experience - Known for their Research in the industry and Wealth Creation Studies by Mr Raamdeo Agarwal who is also known as the "Warren Buffett of India"
  2. Free Equity Intraday Trading for Lifetime.
  3. Free 1st Month FnO Brokerage up to Rs 1,000
  4. Wide range of investment options - Stocks, Derivatives (Futures & Options), commodities, currencies, IPO, mutual funds, insurance, fixed deposits, Gold, US stocks, Sovereign Gold Bonds, Smallcase expert-curated ready investment baskets, and Intelligent Advisory Portfolios
  5. Investors can also buy shares of unlisted companies through PMS services offered by Motilal Oswal
  6. Up to 4X margin on a select range of stocks to make the most of your capital
  7. Free daily expert research and advisory calls along with a Personal Advisor to help you invest
  8. Free Trading Software - Different Apps for Investors and Traders
  9. Access to Options Store - Multi-leg options strategy, powered by expert mind and AI algorithm
  10. Access to MO Exclusive Smallcase - MO expert-curated small cases for all beginners
  11. Stock SIP feature - invest regularly in a stock you love
  12. Free and early access to Investor Community - StoCoMo
  • Zero account opening fee.
  • Zero brokerage for Mutual Fund investment.
  • Flat Rs 20 per trade brokerage for all other segments including equity delivery.
  • Offer direct mutual funds.
  • One app for trading in equity, currency, and commodity.
  • Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's are available.
  • Good-Till-Triggered (GTT) orders are available.
Cons
  • Very high brokerage across all trading segments compared to other full-service brokers like Angel Broking, Edelweiss, Sharekhan, and IIFL.
  • Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer margin funding for delivery trades.
  • Doesn't offer stock tips or recommendations.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer 24/7 customer support.
  • Doesn't offer API access for automated trading.
  • Doesn't offer NRI Trading and Demat account.
  • Doesn't offer BTST
  • Doesn't offer digital gold.
  • Call-and-trade fee is Rs 20 per executed order extra.
  • Automatic settlement charges an additional Rs 50 per executed order.
  • Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
Reviews
Promo / Offers

Motilal Oswal Special Offer

FREE Account Opening (for a limited time only)

  • Get FREE Account Opening,
  • Free Intraday Trades,
  • Free F&O brokerage for 1st Month,
  • FREE Personal Advisor and Research,
  • FREE for 1st Year Demat AMC.

This is a limited-time offer. Simply Open your FREE Demat Account in 5 Minutes.

Upstox Special Offer

Exclusive offer by Upstox

  • Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 commission for Mutual Funds.

It is a limited-time offer. Open Instant Account and start trading the same day.

Open Motilal Oswal AccountOpen Upstox Account

Comments

Add a public comment...

Compare Motilal Oswal Compare Upstox
Compare More Brokers: