The side-by-side comparison of Motilal Oswal Securities Ltd and TradingBells (Swastika Investmart Ltd) stock brokers in India. The comparison below highlights the similarities and differences between Motilal Oswal and TradingBells'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 TradingBells.
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...
TradingBells is an Indore, MP based online discount broker offering stock, commodity and currency trading services. TradingBells is built on the principles of providing transparent, faster and lower cost brokerage service to India Stock Market custom...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
NSE, BSE, MCX and NCDEX
Account Type
Standard Account
Standard Plan
Broker Enquiry
Stock Broker Fees / Charges
Motilal Oswal Securities Ltd
TradingBells (Swastika Investmart Ltd)
Trading Account Opening Fees
₹0
₹300 Equity | ₹200 Commodity
Trading Account AMC
₹0
Nil
Demat Account Opening Fees
₹0
₹150
Demat Account AMC
₹299 (1st year free)
₹300
Demat Account is Mandatory?
No
No
Trading Brokerage Charges
Brokerage Plan 1
Motilal Oswal Securities Ltd
TradingBells (Swastika Investmart Ltd)
Account Type
Standard Account
Standard Plan
Fixed Charges
Equity Delivery Brokerage
0.15% to 0.50%
₹0 (Free)
Equity Intraday Brokerage
0.015% to 0.05%
₹20 per trade
Equity Futures Brokerage
0.015% to 0.05%
₹20 per trade
Equity Options Brokerage
₹25 to ₹100 per Lot
₹20 per trade
Currency Futures Trading Brokerage
0.05%
₹20 per trade
Currency Options Trading Brokerage
₹20 per Lot
₹20 per trade
Commodity Futures Trading Brokerage
0.05%
₹20 per trade
Commodity Options Trading Brokerage
No
Other Charges
Minimum Brokerage Charges
₹25 for Delivery and ₹12 for Intraday
Rs 0
Other Brokerage Charges
Minimum balance: ₹1,000
Brokerage charge is 0.01% or Rs 20 per executed order, whichever is lower.
Call & Trade Charges
Nil
Additional ₹20 per executed order
Taxes
Motilal Oswal Securities Ltd
TradingBells (Swastika Investmart 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
TradingBells (Swastika Investmart Ltd)
Equity Delivery
NSE: 0.00335% | BSE: 0.01%
NSE ₹325 per crore | BSE ₹275 per crore (each side
Equity Intraday
NSE: 0.00325% | BSE: 0.002%
NSE ₹325 per crore | BSE ₹275 per crore (each side
Equity Futures
0.002%
NSE ₹210 per crore | BSE ₹70 per crore (each side)
Equity Options
NSE 0.0511% | BSE 0.002% (on premium)
NSE ₹6000 per crore | BSE ₹3000 per crore (each side) (on premium)
Currency Futures
0.00125%
NSE ₹135 per crore (0.00135%)
Currency Options
0.042% (on premium)
NSE ₹4400 (on premium) per crore (0.044%)
Commodity
MCX: 0.0025%
Non-Agri ₹310 (0.0036%) | Agri (NCDEX) ₹400 per Cr
Exposure
Motilal Oswal Securities Ltd
TradingBells (Swastika Investmart Ltd)
Equity Delivery
4 times
1x
Equity Intraday
20 time for Margin+ (Over 140 Stocks), 4 times for other stocks
10x for most scripts
Equity Futures
Intraday: 3 times | Carry forward position: no exposure
Intraday: 3x | Carry: 1x
Equity Options
No exposure
1x
Currency Futures
NA
Intraday: 3x | Carry: 1x
Currency Options
NA
Intraday: 3x | Carry: 1x
Commodity
Intraday: 3 times | Carry forward position: no exposure
Intraday: 3x | Carry: 1x
Share Broker Features
Motilal Oswal Securities Ltd
TradingBells (Swastika Investmart 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
ODIN, NSE NOW, JUSTRADE
Intraday Square-off Time
Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Other Features
Broker Ratings (Average User Rating)
Motilal Oswal Securities Ltd
TradingBells (Swastika Investmart Ltd)
79 Customer Reviews
4 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
TradingBells is Rated 4.0 / 5 based on 4 customer reviews
Contact Broker / Request A Call Back
Motilal Oswal Securities Ltd
TradingBells (Swastika Investmart Ltd)
Contact / Request Call Back
Investment Options Available
Motilal Oswal Securities Ltd
TradingBells (Swastika Investmart Ltd)
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
PMS, Fixed Deposits, Insurance, Derivatives
Customer Service Offered
Motilal Oswal Securities Ltd
TradingBells (Swastika Investmart Ltd)
24/7 Customer Service
Onine Live Chat
Through Branches
Order Type
Motilal Oswal Securities Ltd
TradingBells (Swastika Investmart 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
TradingBells (Swastika Investmart Ltd)
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Suitable for Investor Category
Motilal Oswal Securities Ltd
TradingBells (Swastika Investmart Ltd)
Casual Investor
Active Investor
Trader
Pros, Cons and Other Review Comments
Motilal Oswal Securities Ltd
TradingBells (Swastika Investmart 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.
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.
Zerodha
Zero Account Opening Fee