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Motilal Oswal Vs Upstox (Compare Motilal Oswal and Upstox)

The side-by-side comparison of Motilal Oswal and Upstox. Compare Motilal Oswal Vs Upstox brokerage, charges, exposure margin, demat account. Read Upstox and Motilal Oswal review.

Find out Motilal Oswal Vs Upstox which is better and Motilal Oswal Vs Upstox which is best.

Our Motilal Oswal Securities Ltd comparison with Upstox highlights the major differences between two brokers. Find the best between Motilal Oswal and Upstox.

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Motilal Oswal Vs Upstox

  Motilal Oswal Securities Ltd Upstox
 
Motilal Oswal Securities Ltd Logo Upstox Logo
About the Broker 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... Know more about Motilal Oswal Securities Ltd Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro ... Know more about Upstox
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Default Plan Upstox Basic
Broker Enquiry Open an Online Trading Account with Motilal Oswal. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you.
Year of Incorporation 1987 2012
Number of Branches 305 4
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Motilal Oswal Vs Upstox Charges

  Motilal Oswal Securities Ltd Upstox
Trading Account Opening Fees ₹1000 ₹150 (Eq and F&O), ₹150 (MCX)
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹299 (1st year free) ₹150
Demat Account is Mandatory? No No
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Motilal Oswal Vs Upstox Brokerage

Brokerage Plan 1

  Motilal Oswal Securities Ltd Upstox
Account Type Default Plan Upstox Basic
Fixed Charges
Equity Delivery Brokerage 0.50% ₹0
Equity Intraday Brokerage 0.05% (both side) ₹20 per trade or 0.01% (whichever is lower)
Equity Futures Brokerage 0.05% (both side) ₹20 per trade or 0.01% (whichever is lower)
Equity Options Brokerage ₹100 per lot (both side) ₹20 per trade or 0.01% (whichever is lower)
Currency Futures Trading Brokerage ₹20 per lot (both side) ₹20 per trade or 0.01% (whichever is lower)
Currency Options Trading Brokerage ₹20 per lot (both side) ₹20 per trade or 0.01% (whichever is lower)
Commodity Futures Trading Brokerage 0.05% (both side) ₹20 per trade or 0.01% (whichever is lower)
Commodity Options Trading Brokerage

Brokerage Plan 2

  Motilal Oswal Securities Ltd Upstox
Account Type Value Pack (VP2KLT) Upstox Priority
Fixed Charges ₹2000 (one time fee) ₹0
Equity Delivery Brokerage 0.40% ₹0
Equity Intraday Brokerage 0.04% (both side) ₹30 per trade or 0.05% (whichever is lower)
Equity Futures Brokerage 0.04% (both side) ₹30 per trade or 0.05% (whichever is lower)
Equity Options Brokerage ₹50 per lot (both side) ₹30 per trade or 0.05% (whichever is lower)
Currency Futures Trading Brokerage ₹22 per lot (both side) ₹30 per trade or 0.05% (whichever is lower)
Currency Options Trading Brokerage ₹22 per lot (both side) ₹30 per trade or 0.05% (whichever is lower)
Commodity Futures Trading Brokerage 0.04% (both side) ₹30 per trade or 0.05% (whichever is lower)
Commodity Options Trading Brokerage

Brokerage Plan 3

  Motilal Oswal Securities Ltd Upstox
Account Type Value Pack (VP1LACLT) Upstox Basic
Fixed Charges ₹1,00,000 (one time fee) ₹0
Equity Delivery Brokerage 0.10% ₹0
Equity Intraday Brokerage 0.01% (both side) ₹20 per trade or 0.01% (whichever is lower)
Equity Futures Brokerage 0.01% (both side) ₹20 per trade or 0.01% (whichever is lower)
Equity Options Brokerage ₹20 per lot (both side) ₹20 per trade or 0.01% (whichever is lower)
Currency Futures Trading Brokerage ₹10 per lot (both side) ₹20 per trade or 0.01% (whichever is lower)
Currency Options Trading Brokerage ₹10 per lot (both side) ₹20 per trade or 0.01% (whichever is lower)
Commodity Futures Trading Brokerage 0.01% (both side) ₹20 per trade or 0.01% (whichever is lower)
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges ₹25 for Delivery and ₹12 for Intraday ₹0
Other Brokerage Charges Minimum balance: ₹1,000
Call & Trade Charges Nil ₹20 per trade
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Motilal Oswal Vs Upstox Taxes

  Motilal Oswal Securities Ltd Upstox
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.
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Motilal Oswal Vs Upstox Transaction Charges

  Motilal Oswal Securities Ltd Upstox
Equity Delivery NSE: 0.00335% | BSE: 0.01% NSE ₹325 | BSE ₹275
Equity Intraday NSE: 0.00325% | BSE: 0.002% NSE ₹325 | BSE ₹275
Equity Futures 0.002% NSE ₹210
Equity Options NSE 0.0511% | BSE 0.002% (on premium) NSE ₹5500
Currency Futures 0.00125% ₹150
Currency Options 0.042% (on premium) ₹6000
Commodity MCX: 0.0025% MCX ₹260/Cr
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Motilal Oswal Vs Upstox Exposure Margin

  Motilal Oswal Securities Ltd Upstox
Equity Delivery 4 times 2.5x
Equity Intraday 20 time for Margin+ (Over 140 Stocks), 4 times for other stocks Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x
Equity Futures Intraday: 3 times | Carry forward position: no exposure Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x
Equity Options No exposure Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Futures NA Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Options NA Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Commodity Futures Intraday: 3 times | Carry forward position: no exposure Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x
Commodity Options
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Motilal Oswal and Upstox Feature Comparison

  Motilal Oswal Securities Ltd Upstox
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Orion Lite, MO Trader App Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time 3:15 PM
Other Features Option strategy builder
Referral Program Yes Yes
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Motilal Oswal Vs Upstox Review

  Motilal Oswal Securities Ltd Upstox
  81 Customer Reviews    Rate Motilal Oswal 50 Customer Reviews    Rate Upstox
Fees Ratings 2.9 3.7
Trading Brokerage Rating 2.5 3.6
Trading Platform Usability 3.1 2.8
Customer Service Ratings 2.8 2.4
Overall Ratings Rated 2.7 stars Rated 2.5 stars
Broker Rating Motilal Oswal is Rated 2.7 / 5 based on 81 customer reviews Upstox is Rated 2.5 / 5 based on 50 customer reviews
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Contact Broker / Request A Call Back

  Motilal Oswal Securities Ltd Upstox
Contact / Request Call Back
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Motilal Oswal Vs Upstox Investment Options

  Motilal Oswal Securities Ltd Upstox
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options PMS, Fixed Deposits, Insurance, Derivatives
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Motilal Oswal Vs Upstox Customer Service

  Motilal Oswal Securities Ltd Upstox
24/7 Customer Service Yes No
Onine Live Chat No No
Through Branches Yes No
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Motilal Oswal Vs Upstox Order Type Offered

  Motilal Oswal Securities Ltd Upstox
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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Motilal Oswal Vs Upstox Research Report

  Motilal Oswal Securities Ltd Upstox
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 Upstox Suitable For Investor Type

  Motilal Oswal Securities Ltd Upstox
Casual Investor
Active Investor Yes
Trader Yes Yes
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Motilal Oswal Vs Upstox - Advantages and Disadvantages

  Motilal Oswal Securities Ltd Upstox
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.

More Advantages...

  1. Upstox basic plan offers brokerage free trading in Equity Delivery segment.
  2. No brokerage for equity delivery trades.
  3. Free trading software including mobile and web trading app.
  4. Advance orders including AMO, CO and BO are available.
  5. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  6. AmiBroker connector available for Algo Trading.
  7. Mutual Funds are available for investment.
  8. Higher leverage is available under different brokerage plan.

More Advantages...

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.

More Disadvantages...

  • No margin funding.
  • No equity 'good till cancelled' orders.
  • Unlimited monthly plans not available.
  • Additional fee for call & trader.
  • Additional fee for square off done by the broker.
  • Higher demat debit transaction charges.
  • Online IPO, FPO, Bonds and NCD's are not available.
  • No stock tips or recommendations.
  • Upstox doesn't offer NRI Trading and Demat Account.

More Disadvantages...

Reviews Useful articles about Upstox:
Promo / Offers

Free (Trading & Demat Account) + Free Brokerage for 1st Month

Motilal Oswal offers FREE Trading + Demat Account (₹1000 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.

Limited Time Offer - Free Account Opening (₹300 waived) until May 17th 2019

Open Upstox Trading Account and get FREE Trading, Demat and Mutual Fund Account + FREE Equity Delivery Trades (no brokerage) + Intraday and F&O Trades at flat ₹20 per order.

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