Motilal Oswal Vs Upstox (Compare Motilal Oswal and Upstox)

Motilal Oswal Vs Upstox

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 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

	Motilal Oswal	Upstox
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	1987	2012
Number of Branches	305	4
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Motilal Oswal Vs Upstox Charges & AMC

Motilal Oswal trading account opening charges is Rs 0 while Upstox account opening changes is Rs 249. Motilal Oswal Demat Account AMC Charges is Free (Rs 400 2nd year onward) and Upstox Demat Account AMC Charges is Rs 0 (Free).

	Motilal Oswal	Upstox
Trading Account Opening Charges	Rs 0	Rs 249
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Free (Rs 400 2nd year onward)	Rs 0 (Free)

Motilal Oswal Vs Upstox Brokerage

Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type	Motilal Oswal Default Plan	Upstox Default
Fixed Charges		NA
Equity Delivery	0.50%	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	0.05% (both side)	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	0.05% (both side)	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 100 per lot (both side)	Rs 20 per executed order
Currency Futures	Rs 20 per lot (both side)	Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Rs 20 per lot (both side)	Rs 20 per executed order
Commodity Futures	0.05% (both side)	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options		Rs 20 per executed order
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.	Special Offer: FREE Account Opening + Rs 1000 brokerage credit + Rs 0 Demat AMC + Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

Motilal Oswal Vs Upstox Brokerage Plan 2

	Motilal Oswal	Upstox
Account Type	Value Pack (VP2KLT)	Default
Fixed Charges	Rs 2000 (one time fee)	NA
Equity Delivery	0.40%	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	0.04% (both side)	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	0.04% (both side)	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 50 per lot (both side)	Rs 20 per executed order
Currency Futures	Rs 22 per lot (both side)	Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Rs 22 per lot (both side)	Rs 20 per executed order
Commodity Futures	0.04% (both side)	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options		Rs 20 per executed order
		Open Upstox Account

Motilal Oswal Vs Upstox Brokerage Plan 3

	Motilal Oswal	Upstox
Account Type	Value Pack (VP1LACLT)	Default
Fixed Charges	Rs 1,00,000 (one time fee)	NA
Equity Delivery	0.10%	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	0.01% (both side)	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	0.01% (both side)	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 20 per lot (both side)	Rs 20 per executed order
Currency Futures	Rs 10 per lot (both side)	Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Rs 10 per lot (both side)	Rs 20 per executed order
Commodity Futures	0.01% (both side)	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options		Rs 20 per executed order
		Open Upstox Account

Motilal Oswal Charges Vs Upstox

Minimum Brokerage	Rs 25 for Delivery and Rs 12 for Intraday	0.05%
Other Charges	Minimum balance: Rs 1,000	Auto Square-off Charges: Rs 50
Call & Trade Charges	Nil	Rs 20 per trade

Motilal Oswal Vs Upstox 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 Upstox exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

	Motilal Oswal	Upstox
Equity Delivery	NSE Rs 335 per Cr (0.00335%) | BSE Rs 1000 per Cr (0.01%) (each side)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 200 per Cr (0.002%) (each side)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	Rs 200 per Cr (0.002%)	NSE Rs 200 per Cr (0.002%)
Equity Options	NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium)	NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures	Rs 125 per Cr (0.00125%)	NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%)
Currency Options	Rs 4200 per Cr (0.042%)(on premium)	NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium)
Commodity	MCX: Rs 250 per Cr (0.0025%)	Group A - Rs 290 per Cr (0.0029%)
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Motilal Oswal Vs Upstox Leverage (Margin)

Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Motilal Oswal	Upstox
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)
		Open Upstox Account

Compare Motilal Oswal and Upstox Features

The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

	Motilal Oswal	Upstox
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	Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time		3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features		Option strategy builder
		Open Upstox Account

Motilal Oswal Vs Upstox Review

Motilal Oswal is rated 2.3 of 5 based on 130 customer reviews whereas Upstox is rated 2.4 of 5 based on 131 customer reviews.

	Motilal Oswal	Upstox
	130 Customer Reviews	131 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Motilal Oswal is rated 2.3 of 5 based on 130 customer reviews	Upstox is rated 2.4 of 5 based on 131 customer reviews

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Motilal Oswal Vs Upstox Investment Options

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

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)
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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 - Pros and Cons

	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.	Zero account opening fee. Zero brokerage for trading in Equity Delivery (Cash & Carry). Zero brokerage for Mutual Fund investment. Flat Rs 20 per trade brokerage for all other segments. Offer direct mutual funds. Free trading software for mobile and web browsers. One app for trading in equity, currency, and commodity. Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000. Margin Against Share is available Online IPO, FPO, Bonds, and NCD's are available. Good-Till-Triggered (GTT) orders are available.
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.	It does not offer BTST facility. Unlimited monthly plans not available. No stock tips or recommendations. It charges an additional fee for call & trade. It charges an additional fee of Rs 50 for auto-square-off done by the broker. Higher demat debit transaction charges. Upstox doesn't offer NRI Trading and Demat Account. Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM. Doesn't offer digital gold.
Reviews
Promo / Offers	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	Upstox Special Offer Exclusive offer by Upstox FREE Account Opening. Get Rs 1000 brokerage credit. Rs 0 Demat AMC. Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades. Pay Rs 0 commission for Mutual Funds. It is a limited-time offer. Open Instant Account and start trading the same day.
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