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About 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... 
About Tradeplus
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly fee in few segments. The unlimited trading plans are available in Commodities, Equity&Options and Currency Derivatives segments. Tradeplus also offer demat account services at a low AMC charge of Rs 90 per year. Tradeplus also offer Online Mutual...
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 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.
| Motilal Oswal | Tradeplus | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 1987 | 1995 |
| Number of Branches | 305 | |
Motilal Oswal trading account opening charges is Rs 0 while Tradeplus account opening changes is Rs 0. Motilal Oswal Demat Account AMC Charges is Free (Rs 400 2nd year onward) and Tradeplus Demat Account AMC Charges is Rs 0.
| Motilal Oswal | Tradeplus | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 |
| 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 0 |
Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.
| Account Type | Motilal Oswal Default Plan | Tradeplus Flat Zero brokerage Scheme |
|---|---|---|
| Fixed Charges | As per segment | |
| Equity Delivery | 0.50% | Rs 0 (Free) |
| Equity Intraday | 0.05% (both side) | NA |
| Equity Futures | 0.05% (both side) | Rs 799 per month (unlimited trading) |
| Equity Options | Rs 100 per lot (both side) | Rs 99 per month (unlimited trading) |
| Currency Futures | Rs 20 per lot (both side) | Rs 99 per month (unlimited trading) |
| Currency Options | Rs 20 per lot (both side) | Rs 99 per month (unlimited trading) |
| Commodity Futures | 0.05% (both side) | Rs 99 per month (unlimited trading) |
| Commodity Options | Rs 99 per month (unlimited trading) | |
| Special Offer | Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Motilal Oswal | Tradeplus | |
|---|---|---|
| Account Type | Value Pack (VP2KLT) | Flexi Brokerage Plan |
| Fixed Charges | Rs 2000 (one time fee) | NA |
| Equity Delivery | 0.40% | Rs 0 (Free) |
| Equity Intraday | 0.04% (both side) | Lower of - Rs 9 per trade or 0.01% |
| Equity Futures | 0.04% (both side) | Rs 9 per executed order |
| Equity Options | Rs 50 per lot (both side) | Rs 9 per executed order |
| Currency Futures | Rs 22 per lot (both side) | Rs 9 per executed order |
| Currency Options | Rs 22 per lot (both side) | Rs 9 per executed order |
| Commodity Futures | 0.04% (both side) | Rs 9 per executed order |
| Commodity Options | Rs 9 per executed order | |
| Motilal Oswal | Tradeplus | |
|---|---|---|
| Account Type | Value Pack (VP1LACLT) | Flat Zero brokerage Scheme |
| Fixed Charges | Rs 1,00,000 (one time fee) | As per segment |
| Equity Delivery | 0.10% | Rs 0 (Free) |
| Equity Intraday | 0.01% (both side) | NA |
| Equity Futures | 0.01% (both side) | Rs 799 per month (unlimited trading) |
| Equity Options | Rs 20 per lot (both side) | Rs 99 per month (unlimited trading) |
| Currency Futures | Rs 10 per lot (both side) | Rs 99 per month (unlimited trading) |
| Currency Options | Rs 10 per lot (both side) | Rs 99 per month (unlimited trading) |
| Commodity Futures | 0.01% (both side) | Rs 99 per month (unlimited trading) |
| Commodity Options | Rs 99 per month (unlimited trading) | |
| Minimum Brokerage | Rs 25 for Delivery and Rs 12 for Intraday | |
| Other Charges | Minimum balance: Rs 1,000 | SMS Charges: Rs 100 per segment. |
| Call & Trade Charges | Nil | Flat Rs 75 per day |
Motilal Oswal transaction charges for options is NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).
| Motilal Oswal | Tradeplus | |
|---|---|---|
| Equity Delivery | NSE Rs 335 per Cr (0.00335%) | BSE Rs 1000 per Cr (0.01%) (each side) | Rs 345 per crore (0.00345%) (each side) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 200 per Cr (0.002%) (each side) | Rs 345 per crore (0.00345%) (sale side) |
| Equity Futures | Rs 200 per Cr (0.002%) | Rs 360 per crore (0.0036%) |
| Equity Options | NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) | Rs 7800 per crore (0.078%)(on premium) |
| Currency Futures | Rs 125 per Cr (0.00125%) | Rs 140 per crore (0.0014%) |
| Currency Options | Rs 4200 per Cr (0.042%)(on premium) | Rs 6000 (on premium) per crore (0.06%) |
| Commodity | MCX: Rs 250 per Cr (0.0025%) | Rs 500 (0.005%) |
Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradeplus margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Motilal Oswal | Tradeplus | |
|---|---|---|
| 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) |
The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. Tradeplus offers INFINI, NSE NOW trading software.
| Motilal Oswal | Tradeplus | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | Orion Lite, MO Trader App | INFINI, NSE NOW |
| Intraday Square-off Time | ||
| Trading In SME Shares Allowed? | ||
| Referral Program | |
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| Other Features | ||
Motilal Oswal is rated 2.3 of 5 based on 126 customer reviews whereas Tradeplus is rated 2.9 of 5 based on 37 customer reviews.
| Motilal Oswal | Tradeplus | |
|---|---|---|
126 Customer Reviews  |
37 Customer Reviews |
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| Broker Rating | Motilal Oswal is rated 2.3 of 5 based on 126 customer reviews | Tradeplus is rated 2.9 of 5 based on 37 customer reviews |
| Motilal Oswal Enquire | Tradeplus Enquire | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Motilal Oswal | Tradeplus | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | PMS, Fixed Deposits, Insurance, Derivatives |
| Motilal Oswal | Tradeplus | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Motilal Oswal | Tradeplus | |
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| Daily Market Report | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Motilal Oswal | Tradeplus | |
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| Motilal Oswal | Tradeplus | |
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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