Motilal Oswal Vs RMoney (Compare Motilal Oswal and RMoney)

Motilal Oswal Vs RMoney

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

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

Motilal Oswal trading account opening charges is Rs 0 while RMoney account opening changes is Rs 199. Motilal Oswal Demat Account AMC Charges is Free (Rs 400 2nd year onward) and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).

	Motilal Oswal	RMoney
Trading Account Opening Charges	Rs 0	Rs 199
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Free (Rs 400 2nd year onward)	Rs 0 for lifetime (Free)

Motilal Oswal Vs RMoney Brokerage

Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.

	Motilal Oswal	RMoney
Account Type	Default Plan	Zero Brokerage Plans
Fixed Charges		NA
Equity Delivery	0.50%	Rs 0 (Free)
Equity Intraday	0.05% (both side)	Rs 18 per executed order or .01% whichever is lower
Equity Futures	0.05% (both side)	Rs 18 per executed order or .01% whichever is lower
Equity Options	Rs 100 per lot (both side)	Rs 18 per executed order or .01% whichever is lower
Currency Futures	Rs 20 per lot (both side)	Rs 18 per executed order or .01% whichever is lower
Currency Options	Rs 20 per lot (both side)	Rs 18 per executed order or .01% whichever is lower
Commodity Futures	0.05% (both side)	Rs 18 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: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

Motilal Oswal Vs RMoney Brokerage Plan 2

	Motilal Oswal	RMoney
Account Type	Value Pack (VP2KLT)	Happy Service Plan
Fixed Charges	Rs 2000 (one time fee)	NA
Equity Delivery	0.40%	0.10% to 0.40%
Equity Intraday	0.04% (both side)	0.01% to 0.04%
Equity Futures	0.04% (both side)	0.005% to 0.02%
Equity Options	Rs 50 per lot (both side)	Rs 20 to Rs 80 per lot
Currency Futures	Rs 22 per lot (both side)	0.005% to 0.02%
Currency Options	Rs 22 per lot (both side)	0.005% to 0.02%
Commodity Futures	0.04% (both side)	0.005% to 0.02%
Commodity Options
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Motilal Oswal Vs RMoney Brokerage Plan 3

	Motilal Oswal	RMoney
Account Type	Value Pack (VP1LACLT)	Zero Brokerage Plans
Fixed Charges	Rs 1,00,000 (one time fee)	NA
Equity Delivery	0.10%	Rs 0 (Free)
Equity Intraday	0.01% (both side)	Rs 18 per executed order or .01% whichever is lower
Equity Futures	0.01% (both side)	Rs 18 per executed order or .01% whichever is lower
Equity Options	Rs 20 per lot (both side)	Rs 18 per executed order or .01% whichever is lower
Currency Futures	Rs 10 per lot (both side)	Rs 18 per executed order or .01% whichever is lower
Currency Options	Rs 10 per lot (both side)	Rs 18 per executed order or .01% whichever is lower
Commodity Futures	0.01% (both side)	Rs 18 per executed order or .01% whichever is lower
Commodity Options
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Motilal Oswal Charges Vs RMoney

Minimum Brokerage	Rs 25 for Delivery and Rs 12 for Intraday	Rs 0
Other Charges	Minimum balance: Rs 1,000	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges	Nil	Rs 0 (Unlimited Calls)

Motilal Oswal Vs RMoney 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 RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).

	Motilal Oswal	RMoney
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 275 per crore (0.00275%)
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 275 per crore (0.00275%
Equity Futures	Rs 200 per Cr (0.002%)	NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%)
Equity Options	NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium)	NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%)
Currency Futures	Rs 125 per Cr (0.00125%)	NSE, BSE - Rs 150 per crore (0.0015%)
Currency Options	Rs 4200 per Cr (0.042%)(on premium)	NSE, BSE - Rs 7500 (on premium) per crore (0.075%)
Commodity	MCX: Rs 250 per Cr (0.0025%)	MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
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Motilal Oswal Vs RMoney Leverage (Margin)

Motilal Oswal margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the RMoney margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Motilal Oswal	RMoney
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Motilal Oswal and RMoney Features

The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

	Motilal Oswal	RMoney
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	Orion Lite, MO Trader App	RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time		Equity 3:15 PM
Other Features
Referral Program
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Motilal Oswal Vs RMoney Review

Motilal Oswal is rated 2.4 of 5 based on 114 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.

	Motilal Oswal	RMoney
	114 Customer Reviews	4 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Motilal Oswal is rated 2.4 of 5 based on 114 customer reviews	RMoney is rated 3.8 of 5 based on 4 customer reviews

Motilal Oswal Vs RMoney Investment Options

	Motilal Oswal	RMoney
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	PMS, Fixed Deposits, Insurance, Derivatives	Corporate FD, Life Instance, General Insurance

Motilal Oswal Vs RMoney Order Type Offered

	Motilal Oswal	RMoney
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Motilal Oswal Vs RMoney Research Report

	Motilal Oswal	RMoney
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Motilal Oswal Vs RMoney Suitable For Investor Type

	Motilal Oswal	RMoney
Casual Investor
Active Investor
Trader

Motilal Oswal Vs RMoney - Pros and Cons

	Motilal Oswal	RMoney
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.	Offer both discount brokerage as well as full-service brokerage plans. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment ODIN trading platform is available free of cost to all customers. Unlimited free Call & Trades. Local branches in major cities across North India. Free tips, research and news alerts. Online paperless instant account opening.
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.	Unlimited monthly/yearly trading plans are not available. i.e. Rs 1999 for unlimited equity trading in a month. RMoney QUICK Mobile Trading app is under active development. The app has performance and stability issues. App also missing key features which are part of competitor's trading app. Margin funding is not available. GTC/GTD not available in Equity. NRI Account is not available.
Reviews		Useful Articles: Flat Fee Stock Trading Broker in India
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 + Free Call & Trade Get free lifetime free AMC demat account and pay flat Rs 18 brokerage. In addition, get free account opening and free call & trade. To open an account, simply leave your contact information and RMoney representatives will call you.
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