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.
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...
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 ...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
Default Plan
Upstox Basic
Broker Enquiry
Year of Incorporation
1987
2012
Number of Branches
305
4
Motilal Oswal Vs Upstox Charges
Motilal Oswal
Upstox
Trading Account Opening Fees
₹0
₹150 (Eq and F&O), ₹150 (MCX)
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
Free (₹400 2nd year onward)
₹150
Demat Account is Mandatory?
No
No
Motilal Oswal Vs Upstox Brokerage
Brokerage Plan 1
Motilal Oswal
Upstox
Account Type
Default Plan
Upstox Basic
Fixed Charges
Equity Delivery Brokerage
0.50%
₹0 (Free)
Equity Intraday Brokerage
0.05% (both side)
₹20 per executed order
Equity Futures Brokerage
0.05% (both side)
₹20 per executed order
Equity Options Brokerage
₹100 per lot (both side)
₹20 per executed order
Currency Futures Trading Brokerage
₹20 per lot (both side)
₹20 per executed order
Currency Options Trading Brokerage
₹20 per lot (both side)
₹20 per executed order
Commodity Futures Trading Brokerage
0.05% (both side)
₹20 per executed order
Commodity Options Trading Brokerage
₹20 per executed order
Brokerage Plan 2
Motilal Oswal
Upstox
Account Type
Value Pack (VP2KLT)
Upstox Priority
Fixed Charges
₹2000 (one time fee)
Equity Delivery Brokerage
0.40%
₹0
Equity Intraday Brokerage
0.04% (both side)
₹30 per executed order
Equity Futures Brokerage
0.04% (both side)
₹30 per executed order
Equity Options Brokerage
₹50 per lot (both side)
₹30 per executed order
Currency Futures Trading Brokerage
₹22 per lot (both side)
₹30 per executed order
Currency Options Trading Brokerage
₹22 per lot (both side)
₹30 per executed order
Commodity Futures Trading Brokerage
0.04% (both side)
₹30 per executed order
Commodity Options Trading Brokerage
₹30 per executed order
Brokerage Plan 3
Motilal Oswal
Upstox
Account Type
Value Pack (VP1LACLT)
Upstox Basic
Fixed Charges
₹1,00,000 (one time fee)
Equity Delivery Brokerage
0.10%
₹0 (Free)
Equity Intraday Brokerage
0.01% (both side)
₹20 per executed order
Equity Futures Brokerage
0.01% (both side)
₹20 per executed order
Equity Options Brokerage
₹20 per lot (both side)
₹20 per executed order
Currency Futures Trading Brokerage
₹10 per lot (both side)
₹20 per executed order
Currency Options Trading Brokerage
₹10 per lot (both side)
₹20 per executed order
Commodity Futures Trading Brokerage
0.01% (both side)
₹20 per executed order
Commodity Options Trading Brokerage
₹20 per executed order
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
Motilal Oswal Vs Upstox Taxes
Motilal Oswal
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Motilal Oswal Vs Upstox Transaction Charges
Motilal Oswal
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
Motilal Oswal Vs Upstox Exposure Margin
Motilal Oswal
Upstox
Equity Delivery
4 times
2.5x
Equity Intraday
20 time for Margin+ (Over 140 Stocks), 4 times for other stocks
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
Motilal Oswal Vs Upstox Review
Motilal Oswal
Upstox
84 Customer Reviews
55 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Motilal Oswal is Rated 2.6 / 5 based on 84 customer reviews
Upstox is Rated 2.6 / 5 based on 55 customer reviews
Contact Broker / Request A Call Back
Motilal Oswal Enquire
Upstox Enquire
Contact Broker
Motilal Oswal Vs Upstox Investment Options
Motilal Oswal
Upstox
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
PMS, Fixed Deposits, Insurance, Derivatives
Motilal Oswal Vs Upstox Customer Service
Motilal Oswal
Upstox
24/7 Customer Service
Onine Live Chat
Through Branches
Motilal Oswal Vs Upstox Order Type Offered
Motilal Oswal
Upstox
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Motilal Oswal Vs Upstox Research Report
Motilal Oswal
Upstox
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Motilal Oswal Vs Upstox Suitable For Investor Type
Motilal Oswal
Upstox
Casual Investor
Active Investor
Trader
Motilal Oswal Vs Upstox - Advantages and Disadvantages
Motilal Oswal
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.
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 (₹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.
Zerodha
Zero Account Opening Fee