Motilal Oswal Vs TradeSmart (Compare Motilal Oswal and TradeSmart)


Motilal Oswal
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 Funds, IPOs, Gold, Insurance and Fixed Income products. MOSL is widely recognized for its MOAMC discretionary Portfolio Management Service (PMS). The PMS has a strong track record and consistently outperformed the benchmark across market cycles since it... Know more about Motilal Oswal Securities Ltd


TradeSmart
TradeSmart is a Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmart is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorporated in 1994 to offer brokerage service to Indian Stock, Commodity & Currency market investors and trades through franchisee and sub brokers. TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodities and depository service of... Know more about VNS Finance & Capital Services Ltd

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Motilal Oswal Vs TradeSmart

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 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Motilal Oswal TradeSmart
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1987 1994
Number of Branches 305 1
Open an Online Trading Account with Motilal Oswal.Open an Online Trading Account with TradeSmart.
Enquire Motilal OswalOpen TradeSmart Account
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Motilal Oswal Vs TradeSmart Charges & AMC

Motilal Oswal trading account opening charges is Rs 0 while TradeSmart account opening changes is Rs 200. Motilal Oswal Demat Account AMC Charges is Free (Rs 400 2nd year onward) and TradeSmart Demat Account AMC Charges is Rs 300.

  Motilal Oswal TradeSmart
Trading Account Opening Charges Rs 0 Rs 200
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 200
Demat Account AMC Charges Free (Rs 400 2nd year onward) Rs 300
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Motilal Oswal Vs TradeSmart Brokerage Charges & Plans

Motilal Oswal Vs TradeSmart Brokerage

Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

  Motilal Oswal TradeSmart
Account Type Default Plan Power Plan
Fixed Charges NA
Equity Delivery 0.50% Rs 15 per order
Equity Intraday 0.05% (both side) Rs 15 per order
Equity Futures 0.05% (both side) Rs 15 per order
Equity Options Rs 100 per lot (both side) Rs 15 per order
Currency Futures Rs 20 per lot (both side) Rs 15 per order
Currency Options Rs 20 per lot (both side) Rs 15 per order
Commodity Futures 0.05% (both side) Rs 15 per order
Commodity Options Rs 15 per order
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: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

Motilal Oswal Vs TradeSmart Brokerage Plan 2

  Motilal Oswal TradeSmart
Account Type Value Pack (VP2KLT) Value Plan
Fixed Charges Rs 2000 (one time fee)
Equity Delivery 0.40% 0.07%
Equity Intraday 0.04% (both side) 0.007%
Equity Futures 0.04% (both side) 0.007%
Equity Options Rs 50 per lot (both side) Rs 7 Per Lot
Currency Futures Rs 22 per lot (both side) 0.007%
Currency Options Rs 22 per lot (both side) Rs 7 Per Lot
Commodity Futures 0.04% (both side) 0.007%
Commodity Options Rs 7 Per Lot
Enquire Motilal OswalOpen TradeSmart Account

Motilal Oswal Vs TradeSmart Brokerage Plan 3

  Motilal Oswal TradeSmart
Account Type Value Pack (VP1LACLT) Power Plan
Fixed Charges Rs 1,00,000 (one time fee) NA
Equity Delivery 0.10% Rs 15 per order
Equity Intraday 0.01% (both side) Rs 15 per order
Equity Futures 0.01% (both side) Rs 15 per order
Equity Options Rs 20 per lot (both side) Rs 15 per order
Currency Futures Rs 10 per lot (both side) Rs 15 per order
Currency Options Rs 10 per lot (both side) Rs 15 per order
Commodity Futures 0.01% (both side) Rs 15 per order
Commodity Options Rs 15 per order
Enquire Motilal OswalOpen TradeSmart Account

Motilal Oswal Charges Vs TradeSmart

Minimum Brokerage Rs 25 for Delivery and Rs 12 for Intraday Rs 15 per executed order
Other Charges Minimum balance: Rs 1,000 Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges Nil Rs 20 per executed order
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Motilal Oswal Vs TradeSmart 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 TradeSmart exchange transaction charges for options is 0.0715%.

  Motilal Oswal TradeSmart
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 1000 per Cr (0.01%) (each side) 0.0035%
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 200 per Cr (0.002%) (each side) 0.0035%
Equity Futures Rs 200 per Cr (0.002%) 0.0024%
Equity Options NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) 0.0715%
Currency Futures Rs 125 per Cr (0.00125%) 0.00165%
Currency Options Rs 4200 per Cr (0.042%)(on premium) 0.06%
Commodity MCX: Rs 250 per Cr (0.0025%) 0.0039%
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Motilal Oswal Vs TradeSmart 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 TradeSmart 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 TradeSmart
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)
Enquire Motilal OswalOpen TradeSmart Account
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Compare Motilal Oswal and TradeSmart Features

The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. TradeSmart offers NEST, NOW, Spin trading software.

  Motilal Oswal TradeSmart
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 No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Orion Lite, MO Trader App NEST, NOW, Spin
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features
Referral Program Yes Yes
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Motilal Oswal Vs TradeSmart Review

Motilal Oswal is rated 2.4 of 5 based on 114 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

  Motilal Oswal TradeSmart
  114 Customer Reviews    Rate Motilal Oswal 67 Customer Reviews    Rate TradeSmart
Fees 2.8 3.8
Brokerage 2.3 4.4
Trading Platform 2.9 3.8
Customer Service 2.6 4.0
Research Capabilities 2.4 2.7
Overall Ratings Rated 2.4 stars Rated 4.0 stars
Broker Rating Motilal Oswal is rated 2.4 of 5 based on 114 customer reviews TradeSmart is rated 4.0 of 5 based on 67 customer reviews
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Contact Broker / Request A Call Back

  Motilal Oswal Enquire TradeSmart Enquire
Contact Broker Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer
Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.
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Motilal Oswal Vs TradeSmart Investment Options

  Motilal Oswal TradeSmart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options PMS, Fixed Deposits, Insurance, Derivatives
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Motilal Oswal Vs TradeSmart Order Type Offered

  Motilal Oswal TradeSmart
Bracket Order Yes Yes
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
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Motilal Oswal Vs TradeSmart Research Report

  Motilal Oswal TradeSmart
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Motilal Oswal Vs TradeSmart Suitable For Investor Type

  Motilal Oswal TradeSmart
Casual Investor
Active Investor Yes
Trader Yes Yes
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Motilal Oswal Vs TradeSmart - Pros and Cons

  Motilal Oswal TradeSmart
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.
  • Unlike most of the discount brokers; TradeSmart offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
  • TSO offers to invest in Mutual Funds, Bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
  • Excellent referral benefits are available. The customer receives 10% credit of the brokerage generated by the clients referred by them.
  • No minimum amount is needed to open or maintain a trading account with TSO.
  • Customer service is available through live chat on its website. This is very convenient for many customers.
  • TradeSmart is in the stock broking industry since 1994.
  • TSO's online knowledgebase has a lot of information which is helpful for most customers.
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.
  • Call and Trade is charged at extra Rs 20 per executed order.
  • Physical contract notes Rs 20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20.
  • 24/7 customer service is not available.
  • Facility to invest in IPO's is not available.
  • Doesn't provide daily market report, free tips, news alerts and technical analysis.
  • 3-in-1 accounts are not available as company doesn't provide banking services.
Reviews Useful Articles:
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.

Flat Rs 15 per trade

  • Flat Rs 15 per trade across all segments +
  • Get Margin against your shares +
  • API for alog trading.

This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.

Enquire Motilal OswalOpen TradeSmart Account

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