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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.
| Motilal Oswal | Upstox | |
|---|---|---|
| Find more info about broker | ||
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| 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...  |
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 |
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| Year of Incorporation | 1987 | 2012 |
| Number of Branches | 305 | 4 |
| Enquire Motilal Oswal | Enquire Upstox |
| 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 | 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 | |
| Special Offer | Special Offer: Get Zero AMC for Lifetime (with ₹25k margin or ₹3k Value Pack) for limited time. Get the offer |
Special Offer: FREE Account Opening (₹300 waived) (Until 17th May) + FREE Eq Delivery Trading + flat ₹20 per order for Intraday and F&O. Get the Exclusive Offer |
| 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 |
| 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 |
| 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 | Upstox | |||||||||||||||
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| Securities Transaction Tax (STT) |
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| 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 | Upstox | |
|---|---|---|
| Equity Delivery | NSE ₹335 per Cr (0.00335%) | BSE ₹1000 per Cr (0.01%) (each side) | NSE ₹325 | BSE ₹275 |
| Equity Intraday | NSE ₹325 per Cr (0.00325%) | BSE ₹200 per Cr (0.002%) (each side) | NSE ₹325 | BSE ₹275 |
| Equity Futures | ₹200 per Cr (0.002%) | NSE ₹210 |
| Equity Options | NSE ₹5110 per Cr (0.0511%) | BSE ₹200 per Cr (0.002%) (on premium) | NSE ₹5500 |
| Currency Futures | ₹125 per Cr (0.00125%) | ₹150 |
| Currency Options | ₹4200 per Cr (0.042%)(on premium) | ₹6000 |
| Commodity | MCX: ₹250 per Cr (0.0025%) | MCX ₹260/Cr |
| Motilal Oswal | Upstox | |
|---|---|---|
| Equity Delivery | 4x | 2.5x |
| Equity Intraday | 20x for Margin+ (Over 140 Stocks), 4x for other stocks | Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x |
| Equity Futures | Upto 3x for Intraday | 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 | No exposure | Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
| Commodity Futures | Upto 3x for Intraday | Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x |
| Commodity Options | No exposure |
| Motilal Oswal | Upstox | |
|---|---|---|
| 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 Available | |
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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 | 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 | |
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| Motilal Oswal | Upstox | |
|---|---|---|
84 Customer Reviews  |
59 Customer Reviews |
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| Overall Ratings |  |
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| Broker Rating | Motilal Oswal is Rated 2.6 / 5 based on 84 customer reviews | Upstox is Rated 2.5 / 5 based on 59 customer reviews |
| Motilal Oswal Enquire | Upstox Enquire | |
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| Contact Broker |
| Motilal Oswal | Upstox | |
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| Other Investment Options | PMS, Fixed Deposits, Insurance, Derivatives |
| Motilal Oswal | Upstox | |
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| 24/7 Customer Service | |
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| Onine Live Chat | |
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| Through Branches | |
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| Motilal Oswal | Upstox | |
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| Bracket Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| Good Till Cancelled (GTC) | |
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| Motilal Oswal | Upstox | |
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| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Motilal Oswal | Upstox | |
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| Motilal Oswal | Upstox | |
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| Reviews | ||
| Promo / Offers | Get Zero AMC for LifetimeMotilal Oswal offers Zero AMC for Lifetime Demat Account (₹400 waived) with ₹25k margin or ₹3k prepaid value pack. Also avail ₹3k woth of discount vouchers, ₹1000 worth of Me-Gold, 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 2019Open 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. Request Callback |
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