The side-by-side comparison of Motilal Oswal Securities Ltd and Raghunandan Capital Pvt Ltd stock brokers in India. The comparison below highlights the similarities and differences between Motilal Oswal and RMoney'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 RMoney.
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...
Incorporated in 2004, Raghunandan Money (RMoney) is Agra based financial service provider. The company offers a range of financial products. This including Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX, NCDEX
Account Type
Standard Account
Zero Brokerage Plans
Broker Enquiry
Stock Broker Fees / Charges
Motilal Oswal Securities Ltd
Raghunandan Capital Pvt Ltd
Trading Account Opening Fees
₹0
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Demat Account Opening Fees
₹0
₹0 (Free)
Demat Account AMC
₹299 (1st year free)
₹0 for lifetime (Free)
Demat Account is Mandatory?
No
No
Trading Brokerage Charges
Brokerage Plan 1
Motilal Oswal Securities Ltd
Raghunandan Capital Pvt Ltd
Account Type
Standard Account
Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage
0.15% to 0.50%
₹0 (Free)
Equity Intraday Brokerage
0.015% to 0.05%
₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.015% to 0.05%
₹18 per executed order or .01% whichever is lower
Equity Options Brokerage
₹25 to ₹100 per Lot
₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
0.05%
₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹20 per Lot
₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
0.05%
₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
No
Brokerage Plan 2
Motilal Oswal Securities Ltd
Raghunandan Capital Pvt Ltd
Account Type
Standard Account
Happy Service Plan
Fixed Charges
NA
Equity Delivery Brokerage
0.15% to 0.50%
0.10% to 0.40%
Equity Intraday Brokerage
0.015% to 0.05%
0.01% to 0.04%
Equity Futures Brokerage
0.015% to 0.05%
0.005% to 0.02%
Equity Options Brokerage
₹25 to ₹100 per Lot
₹20 to ₹80 per lot
Currency Futures Trading Brokerage
0.05%
0.005% to 0.02%
Currency Options Trading Brokerage
₹20 per Lot
0.005% to 0.02%
Commodity Futures Trading Brokerage
0.05%
0.005% to 0.02%
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
Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges
Nil
₹0 (Unlimited Calls)
Taxes
Motilal Oswal Securities Ltd
Raghunandan Capital Pvt 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.
Transaction Charges
Motilal Oswal Securities Ltd
Raghunandan Capital Pvt Ltd
Equity Delivery
NSE: 0.00335% | BSE: 0.01%
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday
NSE: 0.00325% | BSE: 0.002%
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures
0.002%
NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options
NSE 0.0511% | BSE 0.002% (on premium)
NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures
0.00125%
NSE, BSE - ₹150 per crore (0.0015%)
Currency Options
0.042% (on premium)
NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity
MCX: 0.0025%
MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
Exposure
Motilal Oswal Securities Ltd
Raghunandan Capital Pvt Ltd
Equity Delivery
4 times
Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday
20 time for Margin+ (Over 140 Stocks), 4 times for other stocks
20x (5%) (Intraday Only)
Equity Futures
Intraday: 3 times | Carry forward position: no exposure
Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options
No exposure
Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures
NA
Intraday - 100X (1%)
Currency Options
NA
Intraday - 100X (1%)
Commodity
Intraday: 3 times | Carry forward position: no exposure
Intraday - 77X (1.3%)
Share Broker Features
Motilal Oswal Securities Ltd
Raghunandan Capital Pvt Ltd
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
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
Broker Ratings (Average User Rating)
Motilal Oswal Securities Ltd
Raghunandan Capital Pvt Ltd
79 Customer Reviews
3 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Motilal Oswal is Rated 2.7 / 5 based on 79 customer reviews
RMoney is Rated 4.0 / 5 based on 3 customer reviews
Contact Broker / Request A Call Back
Motilal Oswal Securities Ltd
Raghunandan Capital Pvt Ltd
Contact / Request Call Back
Investment Options Available
Motilal Oswal Securities Ltd
Raghunandan Capital Pvt Ltd
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
PMS, Fixed Deposits, Insurance, Derivatives
Corporate FD, Life Instance, General Insurance
Customer Service Offered
Motilal Oswal Securities Ltd
Raghunandan Capital Pvt Ltd
24/7 Customer Service
Onine Live Chat
Through Branches
Order Type
Motilal Oswal Securities Ltd
Raghunandan Capital Pvt Ltd
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Research / Tips / Reports Published
Motilal Oswal Securities Ltd
Raghunandan Capital Pvt Ltd
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Suitable for Investor Category
Motilal Oswal Securities Ltd
Raghunandan Capital Pvt Ltd
Casual Investor
Active Investor
Trader
Pros, Cons and Other Review Comments
Motilal Oswal Securities Ltd
Raghunandan Capital Pvt 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.
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.
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.
Get free lifetime free AMC demat account and pay flat ₹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.
Zerodha
Zero Account Opening Fee