Motilal Oswal Vs Stoxkart (Compare Motilal Oswal and Stoxkart)

Motilal Oswal Vs Stoxkart

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 2019, Stoxkart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	Motilal Oswal	Stoxkart
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	1987	2019
Number of Branches	305	1
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Motilal Oswal Vs Stoxkart Charges & AMC

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

	Motilal Oswal	Stoxkart
Trading Account Opening Charges	Rs 0	Rs 300
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Free (Rs 400 2nd year onward)	Rs 300

Motilal Oswal Vs Stoxkart Brokerage

Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas Stoxkart brokerage charges for equity is Rs 0 and intraday is Rs 15 (on profit trades only).

	Motilal Oswal	Stoxkart
Account Type	Default Plan	Default
Fixed Charges
Equity Delivery	0.50%	Rs 0
Equity Intraday	0.05% (both side)	Rs 15 (on profit trades only)
Equity Futures	0.05% (both side)	Rs 15
Equity Options	Rs 100 per lot (both side)	Rs 15
Currency Futures	Rs 20 per lot (both side)	Rs 15
Currency Options	Rs 20 per lot (both side)	Rs 15
Commodity Futures	0.05% (both side)	Rs 15
Commodity Options		Rs 15
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: Rs 0 Delivery Brokerage + Rs 0 Intraday Trades in Loss. Open a Demat Account in 15 Minutes. Request a Callback

Motilal Oswal Vs Stoxkart Brokerage Plan 2

	Motilal Oswal	Stoxkart
Account Type	Value Pack (VP2KLT)	Default
Fixed Charges	Rs 2000 (one time fee)
Equity Delivery	0.40%	Rs 0
Equity Intraday	0.04% (both side)	Rs 15 (on profit trades only)
Equity Futures	0.04% (both side)	Rs 15
Equity Options	Rs 50 per lot (both side)	Rs 15
Currency Futures	Rs 22 per lot (both side)	Rs 15
Currency Options	Rs 22 per lot (both side)	Rs 15
Commodity Futures	0.04% (both side)	Rs 15
Commodity Options		Rs 15
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Motilal Oswal Vs Stoxkart Brokerage Plan 3

	Motilal Oswal	Stoxkart
Account Type	Value Pack (VP1LACLT)	Default
Fixed Charges	Rs 1,00,000 (one time fee)
Equity Delivery	0.10%	Rs 0
Equity Intraday	0.01% (both side)	Rs 15 (on profit trades only)
Equity Futures	0.01% (both side)	Rs 15
Equity Options	Rs 20 per lot (both side)	Rs 15
Currency Futures	Rs 10 per lot (both side)	Rs 15
Currency Options	Rs 10 per lot (both side)	Rs 15
Commodity Futures	0.01% (both side)	Rs 15
Commodity Options		Rs 15
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Motilal Oswal Charges Vs Stoxkart

Minimum Brokerage	Rs 25 for Delivery and Rs 12 for Intraday	Rs 0
Other Charges	Minimum balance: Rs 1,000	Auto square-off Rs 20 per order.
Call & Trade Charges	Nil	Rs 20

Motilal Oswal Vs Stoxkart 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 Stoxkart exchange transaction charges for options is NSE: 0.05% | BSE: 0.0005% (on premium).

	Motilal Oswal	Stoxkart
Equity Delivery	NSE Rs 335 per Cr (0.00335%) | BSE Rs 1000 per Cr (0.01%) (each side)	NSE: 0.00325% | BSE: 0.003%
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 200 per Cr (0.002%) (each side)	NSE: 0.00325% | BSE: 0.003%
Equity Futures	Rs 200 per Cr (0.002%)	NSE: 0.0019% | BSE: 0.0007%
Equity Options	NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium)	NSE: 0.05% | BSE: 0.0005% (on premium)
Currency Futures	Rs 125 per Cr (0.00125%)	NSE: 0.0009% | BSE: 0.00042%
Currency Options	Rs 4200 per Cr (0.042%)(on premium)	NSE: 0.04% | BSE: 0.0012% (on premium value)
Commodity	MCX: Rs 250 per Cr (0.0025%)	Futures Group A: 0.0036% | Options: 0.002%
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Motilal Oswal Vs Stoxkart 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 Stoxkart 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	Stoxkart
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 Stoxkart Features

The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. Stoxkart offers Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web trading software.

	Motilal Oswal	Stoxkart
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	Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web
Intraday Square-off Time
Other Features
Referral Program
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Motilal Oswal Vs Stoxkart Review

Motilal Oswal is rated 2.4 of 5 based on 114 customer reviews whereas Stoxkart is rated 3.3 of 5 based on 3 customer reviews.

	Motilal Oswal	Stoxkart
	114 Customer Reviews	3 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	Stoxkart is rated 3.3 of 5 based on 3 customer reviews

Motilal Oswal Vs Stoxkart Investment Options

	Motilal Oswal	Stoxkart
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	PMS, Fixed Deposits, Insurance, Derivatives

Motilal Oswal Vs Stoxkart Order Type Offered

	Motilal Oswal	Stoxkart
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 Stoxkart Research Report

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

Motilal Oswal Vs Stoxkart Suitable For Investor Type

	Motilal Oswal	Stoxkart
Casual Investor
Active Investor
Trader

Motilal Oswal Vs Stoxkart - Pros and Cons

	Motilal Oswal	Stoxkart
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.	Stoxkart is an online discount brokerage business of well established full-service broker SMC Global. Excellent online trading platform (web, mobile app, and desktop) for free to all. Offers brokerage free equity delivery trades and mutual fund investment. Charge flat Rs 15 per order brokerage for intraday and F&O at BSE, NSE, and MCX. Charge Rs 0 brokerage on Intraday trades if your trade is not in profit. Get up to 25x leverage on intraday trading with CO/BO. Paperless account opening. Offer NRI trading and demat account
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.	No research reports, tips, or recommendations. No relationship manager or personalized services. Call & Trade is at an extra Rs 20 per executed order. Auto square-off of intraday positions at an extra Rs 20 per executed order.
Reviews
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.	No Profit. No Brokerage Get free equity delivery trades and pay flat Rs 15 brokerage for Intraday only when you make profit To open an account with Stoxkart leave your contact information.
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