The side-by-side comparison of Motilal Oswal and Upstox. Compare Motilal Oswal Vs Upstox brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Motilal Oswal vs Upstox?
Motilal Oswal
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 Funds, IPOs, Gold, Insurance and Fixed Income products. MOSL is widely recognized for its MOAMC discretionary Portfolio Management Service (PMS). The PMS has a strong track record and consistently outperformed the benchmark across market cycles since it...
Upstox
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 Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.
Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo...
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 | |
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Type of Broker | Full Service Broker | Discount Broker |
Supported Exchnages | BSE, NSE, MCX | BSE, NSE, MCX |
Account Type | Default Plan | Upstox Basic |
Year of Incorporation | 1987 | 2012 |
Number of Branches | 305 | 4 |
Broker Enquiry |
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Enquire Motilal Oswal | Enquire Upstox |
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 300.
Motilal Oswal | Upstox | |
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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 300 |
Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas Upstox brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or 0.05% whichever is lower.
Motilal Oswal | Upstox | |
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Account Type | Default Plan | Upstox Basic |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.50% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.05% (both side) | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | 0.05% (both side) | Rs 20 per executed order or 0.05% whichever is lower |
Equity Options Brokerage | Rs 100 per lot (both side) | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 20 per lot (both side) | Rs 20 per executed order or 0.05% whichever is lower |
Currency Options Trading Brokerage | Rs 20 per lot (both side) | Rs 20 per executed order |
Commodity Futures Trading Brokerage | 0.05% (both side) | Rs 20 per executed order or 0.05% whichever is lower |
Commodity Options Trading Brokerage | Rs 20 per executed order | |
Special Offer | Special Offer: Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer |
Special Offer: 30 days unlimited brokerage credit + Flat Rs 20 per order for Intra-day and F&O. Get the Exclusive Offer |
Motilal Oswal | Upstox | |
---|---|---|
Account Type | Value Pack (VP2KLT) | Upstox Priority (Higher Margin) |
Fixed Charges | Rs 2000 (one time fee) | NA |
Equity Delivery Brokerage | 0.40% | Rs 0 |
Equity Intraday Brokerage | 0.04% (both side) | Rs 30 per executed order or 0.10% whichever is lower |
Equity Futures Brokerage | 0.04% (both side) | Rs 30 per executed order or 0.10% whichever is lower |
Equity Options Brokerage | Rs 50 per lot (both side) | Rs 30 per executed order |
Currency Futures Trading Brokerage | Rs 22 per lot (both side) | Rs 30 per executed order or 0.10% whichever is lower |
Currency Options Trading Brokerage | Rs 22 per lot (both side) | Rs 30 per executed order |
Commodity Futures Trading Brokerage | 0.04% (both side) | Rs 30 per executed order or 0.10% whichever is lower |
Commodity Options Trading Brokerage | Rs 30 per executed order | |
Enquire Motilal Oswal | Enquire Upstox |
Motilal Oswal | Upstox | |
---|---|---|
Account Type | Value Pack (VP1LACLT) | Upstox Basic |
Fixed Charges | Rs 1,00,000 (one time fee) | NA |
Equity Delivery Brokerage | 0.10% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.01% (both side) | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | 0.01% (both side) | Rs 20 per executed order or 0.05% whichever is lower |
Equity Options Brokerage | Rs 20 per lot (both side) | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 10 per lot (both side) | Rs 20 per executed order or 0.05% whichever is lower |
Currency Options Trading Brokerage | Rs 10 per lot (both side) | Rs 20 per executed order |
Commodity Futures Trading Brokerage | 0.01% (both side) | Rs 20 per executed order or 0.05% whichever is lower |
Commodity Options Trading Brokerage | Rs 20 per executed order | |
Enquire Motilal Oswal | Enquire Upstox |
Minimum Brokerage Charges | Rs 25 for Delivery and Rs 12 for Intraday | 0.05% |
Other Brokerage Charges | Minimum balance: Rs 1,000 | |
Call & Trade Charges | Nil | Rs 20 per trade |
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 | |
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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%) |
Enquire Motilal Oswal | Enquire Upstox |
Motilal Oswal provides the margin of 20x for Margin+ (Over 140 Stocks), 4x for other stocks for intraday trades whereas the Upstox margin for intraday cash is Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x.
Motilal Oswal | Upstox | |
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Equity Delivery | 4x | 1x (no margin) |
Equity Intraday | 20x for Margin+ (Over 140 Stocks), 4x for other stocks | Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x |
Equity Futures | Upto 3x for Intraday | Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x |
Equity Options | No exposure | Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x |
Currency Futures | NA | Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x |
Currency Options | No exposure | Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x |
Commodity Futures | Upto 3x for Intraday | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x |
Commodity Options | No exposure | |
Enquire Motilal Oswal | Enquire Upstox |
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 | |
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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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Enquire Motilal Oswal | Enquire Upstox |
Motilal Oswal is rated 2.4 of 5 based on 106 customer reviews whereas Upstox is rated 2.5 of 5 based on 105 customer reviews.
Motilal Oswal | Upstox | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire Motilal Oswal | Enquire Upstox |
Motilal Oswal | Upstox | |
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Promo / Offers | Get Zero AMC for LifetimeMotilal Oswal offers Zero AMC for Lifetime Demat Account (Rs 400 waived) with Rs 25k margin or Rs 3k prepaid value pack. Also avail Rs 3k woth of discount vouchers, Rs 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. |
Get 30 Days Unlimited TradingJoin over 20 lakh traders. Open an account and get 30 days unlimited brokerage credit. Trade in Intra-day and F&O Trades at flat Rs 20 per order. Request Callback |
Enquire Motilal Oswal | Enquire Upstox |
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