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Motilal Oswal Vs TradeSmart (Compare Motilal Oswal and TradeSmart)

Motilal Oswal Securities Ltd Logo

About Motilal Oswal
With over 35 years of industry experience and a client base which expands to more than 50 lakhs, Motilal Oswal Financial Services Ltd. (MOFSL) has become synonymous with India's investment partner. Incorporated in the year 1987, the financial services firm offers trading services in Equity, Commodity, Currency and Derivatives. It also offers other products like Mutual Funds, IPOs, US Stocks, Gold, Insurance, Fixed Income products and readymade portfolios such as Stock Baskets, Intelligent Adviso... Know more about Motilal Oswal Securities Ltd

VNS Finance & Capital Services Ltd Logo

About TradeSmart
TradeSmart is a Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmart is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorporated in 1994 to offer brokerage service to Indian Stock, Commodity & Currency market investors and trades through franchisee and sub brokers. TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodities and depository service of... Know more about VNS Finance & Capital Services Ltd

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Motilal Oswal Vs TradeSmart

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 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Motilal Oswal TradeSmart
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1987 1994
Number of Branches 305 1
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Motilal Oswal Vs TradeSmart Charges & AMC

Motilal Oswal trading account opening charges is Rs 0 (Free) while TradeSmart account opening changes is Rs 200. Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and TradeSmart Demat Account AMC Charges is Rs 300.

  Motilal Oswal TradeSmart
Trading Account Opening Charges Rs 0 (Free) Rs 200
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 200
Demat Account AMC Charges Rs 199 (Free for 1st Year) Rs 300

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Motilal Oswal Vs TradeSmart Brokerage

Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

Account Type Motilal Oswal Default Plan TradeSmart Power Plan
Fixed Charges NA NA
Equity Delivery 0.20% Rs 15 per order
Equity Intraday Rs 0 (Free for lifetime) Rs 15 per order
Equity Futures 0.02% Rs 15 per order
Equity Options Rs 20 per lot Rs 15 per order
Currency Futures Rs 20 per lot Rs 15 per order
Currency Options Rs 20 per lot Rs 15 per order
Commodity Futures 0.02% Rs 15 per order
Commodity Options Rs 200 Per Lot Rs 15 per order
Special Offer
Special Offer: FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes.
Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

Motilal Oswal Vs TradeSmart Brokerage Plan 2

  Motilal Oswal TradeSmart
Account Type Default Plan Value Plan
Fixed Charges NA
Equity Delivery 0.20% 0.07%
Equity Intraday Rs 0 (Free for lifetime) 0.007%
Equity Futures 0.02% 0.007%
Equity Options Rs 20 per lot Rs 7 Per Lot
Currency Futures Rs 20 per lot 0.007%
Currency Options Rs 20 per lot Rs 7 Per Lot
Commodity Futures 0.02% 0.007%
Commodity Options Rs 200 Per Lot Rs 7 Per Lot
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Motilal Oswal Charges Vs TradeSmart

Minimum Brokerage Rs 25 for Delivery Rs 15 per executed order
Other Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges Free Rs 20 per executed order

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Motilal Oswal Vs TradeSmart Transaction Charges

Motilal Oswal transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while TradeSmart exchange transaction charges for options is 0.0715%.

  Motilal Oswal TradeSmart
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) 0.0035%
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) 0.0035%
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 0.0024%
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) 0.0715%
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) 0.00165%
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) 0.06%
Commodity MCX: Rs 250 per Cr (0.0025%) 0.0039%
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Motilal Oswal Vs TradeSmart Leverage (Margin)

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

  Motilal Oswal TradeSmart
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)
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Compare Motilal Oswal and TradeSmart Features

The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. TradeSmart offers NEST, NOW, Spin trading software.

  Motilal Oswal TradeSmart
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE NEST, NOW, Spin
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Trading In SME Shares Allowed?
Referral Program Yes Yes
Other Features
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Motilal Oswal Vs TradeSmart Review

Motilal Oswal is rated 2.2 of 5 based on 138 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

  Motilal Oswal TradeSmart
  138 Customer Reviews    Rate Motilal Oswal 67 Customer Reviews    Rate TradeSmart
Fees 2.7 3.8
Brokerage 2.1 4.4
Trading Platform 2.9 3.8
Customer Service 2.5 4.0
Research Capabilities 2.2 2.7
Overall Ratings Rated 2.2 stars Rated 4.0 stars
Broker Rating Motilal Oswal is rated 2.2 of 5 based on 138 customer reviews TradeSmart is rated 4.0 of 5 based on 67 customer reviews

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Contact Broker / Request A Call Back

  Motilal Oswal Enquire TradeSmart Enquire
Contact Broker FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes. Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

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Motilal Oswal Vs TradeSmart Investment Options

  Motilal Oswal TradeSmart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options PMS, Fixed Deposits, Insurance

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Motilal Oswal Vs TradeSmart Order Type Offered

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

  Motilal Oswal TradeSmart
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 TradeSmart Suitable For Investor Type

  Motilal Oswal TradeSmart
Casual Investor
Active Investor Yes
Trader Yes Yes

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Motilal Oswal Vs TradeSmart - Pros and Cons

  Motilal Oswal TradeSmart
Pros
  1. 35+ years of Trading and Investing experience - Known for their Research in the industry and Wealth Creation Studies by Mr Raamdeo Agarwal who is also known as the "Warren Buffett of India"
  2. Free Equity Intraday Trading for Lifetime.
  3. Free 1st Month FnO Brokerage up to Rs 1,000
  4. Wide range of investment options - Stocks, Derivatives (Futures & Options), commodities, currencies, IPO, mutual funds, insurance, fixed deposits, Gold, US stocks, Sovereign Gold Bonds, Smallcase expert-curated ready investment baskets, and Intelligent Advisory Portfolios
  5. Investors can also buy shares of unlisted companies through PMS services offered by Motilal Oswal
  6. Up to 4X margin on a select range of stocks to make the most of your capital
  7. Free daily expert research and advisory calls along with a Personal Advisor to help you invest
  8. Free Trading Software - Different Apps for Investors and Traders
  9. Access to Options Store - Multi-leg options strategy, powered by expert mind and AI algorithm
  10. Access to MO Exclusive Smallcase - MO expert-curated small cases for all beginners
  11. Stock SIP feature - invest regularly in a stock you love
  12. Free and early access to Investor Community - StoCoMo
  • Unlike most of the discount brokers; TradeSmart offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
  • TSO offers to invest in Mutual Funds, Bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
  • Excellent referral benefits are available. The customer receives 10% credit of the brokerage generated by the clients referred by them.
  • No minimum amount is needed to open or maintain a trading account with TSO.
  • Customer service is available through live chat on its website. This is very convenient for many customers.
  • TradeSmart is in the stock broking industry since 1994.
  • TSO's online knowledgebase has a lot of information which is helpful for most customers.
Cons
  • Very high brokerage across all trading segments compared to other full-service brokers like Angel Broking, Edelweiss, Sharekhan, and IIFL.
  • Call and Trade is charged at extra Rs 20 per executed order.
  • Physical contract notes Rs 20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20.
  • 24/7 customer service is not available.
  • Facility to invest in IPO's is not available.
  • Doesn't provide daily market report, free tips, news alerts and technical analysis.
  • 3-in-1 accounts are not available as company doesn't provide banking services.
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Promo / Offers

Motilal Oswal Special Offer

FREE Account Opening (for a limited time only)

  • Get FREE Account Opening,
  • Free Intraday Trades,
  • Free F&O brokerage for 1st Month,
  • FREE Personal Advisor and Research,
  • FREE for 1st Year Demat AMC.

This is a limited-time offer. Simply Open your FREE Demat Account in 5 Minutes.

TradeSmart Special Offer

Flat Rs 15 per trade

  • Flat Rs 15 per trade across all segments +
  • Get Margin against your shares +
  • API for alog trading.

This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.

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