Motilal Oswal Vs Wisdom Capital (Compare Motilal Oswal and Wisdom Capital)
The side-by-side comparison of Motilal Oswal and Wisdom Capital. Compare Motilal Oswal Vs Wisdom Capital brokerage, charges, exposure margin, demat account. Read Wisdom Capital and Motilal Oswal review.
Find out Motilal Oswal Vs Wisdom Capital which is better and Motilal Oswal Vs Wisdom Capital which is best.
Our Motilal Oswal Securities Ltd comparison with Wisdom Capital highlights the major differences between two brokers. Find the best between Motilal Oswal and Wisdom Capital.
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...
Incorporated in 2013, Wisdom Capital is an online discount brokerage firm offering brokerage services for stocks, future and options, currency and commodities on NSE, BSE, MCX & NCDEX.
Wisdom Capital Group offers broker assisted trade execution an...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX, NCDEX
Account Type
Default Plan
Pro Plan
Broker Enquiry
Year of Incorporation
1987
2013
Number of Branches
305
250
Motilal Oswal Vs Wisdom Capital Charges
Motilal Oswal
Wisdom Capital
Trading Account Opening Fees
₹0
₹0
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
Free (₹400 2nd year onward)
₹999 (Lifetime)
Demat Account is Mandatory?
No
No
Motilal Oswal Vs Wisdom Capital Brokerage
Brokerage Plan 1
Motilal Oswal
Wisdom Capital
Account Type
Default Plan
Pro Plan
Fixed Charges
Equity Delivery Brokerage
0.50%
₹9 per executed order
Equity Intraday Brokerage
0.05% (both side)
₹9 per executed order
Equity Futures Brokerage
0.05% (both side)
₹9 per executed order
Equity Options Brokerage
₹100 per lot (both side)
₹9 per executed order
Currency Futures Trading Brokerage
₹20 per lot (both side)
₹9 per executed order
Currency Options Trading Brokerage
₹20 per lot (both side)
₹9 per executed order
Commodity Futures Trading Brokerage
0.05% (both side)
₹9 per executed order
Commodity Options Trading Brokerage
₹9 per executed order
Brokerage Plan 2
Motilal Oswal
Wisdom Capital
Account Type
Value Pack (VP2KLT)
Freedom Plan
Fixed Charges
₹2000 (one time fee)
₹999 per month per segment
Equity Delivery Brokerage
0.40%
₹0
Equity Intraday Brokerage
0.04% (both side)
₹0
Equity Futures Brokerage
0.04% (both side)
₹0
Equity Options Brokerage
₹50 per lot (both side)
₹0
Currency Futures Trading Brokerage
₹22 per lot (both side)
₹0
Currency Options Trading Brokerage
₹22 per lot (both side)
₹0
Commodity Futures Trading Brokerage
0.04% (both side)
₹0
Commodity Options Trading Brokerage
₹0
Brokerage Plan 3
Motilal Oswal
Wisdom Capital
Account Type
Value Pack (VP1LACLT)
Pro Plan
Fixed Charges
₹1,00,000 (one time fee)
Equity Delivery Brokerage
0.10%
₹9 per executed order
Equity Intraday Brokerage
0.01% (both side)
₹9 per executed order
Equity Futures Brokerage
0.01% (both side)
₹9 per executed order
Equity Options Brokerage
₹20 per lot (both side)
₹9 per executed order
Currency Futures Trading Brokerage
₹10 per lot (both side)
₹9 per executed order
Currency Options Trading Brokerage
₹10 per lot (both side)
₹9 per executed order
Commodity Futures Trading Brokerage
0.01% (both side)
₹9 per executed order
Commodity Options Trading Brokerage
₹9 per executed order
Other Charges
Minimum Brokerage Charges
₹25 for Delivery and ₹12 for Intraday
Other Brokerage Charges
Minimum balance: ₹1,000
Call & Trade Charges
Nil
₹20 per executed order
Motilal Oswal Vs Wisdom Capital Taxes
Motilal Oswal
Wisdom Capital
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 Wisdom Capital Transaction Charges
Motilal Oswal
Wisdom Capital
Equity Delivery
NSE: 0.00335% | BSE: 0.01%
0.0035%
Equity Intraday
NSE: 0.00325% | BSE: 0.002%
0.0035%
Equity Futures
0.002%
0.0028%
Equity Options
NSE 0.0511% | BSE 0.002% (on premium)
0.06% (on premium)
Currency Futures
0.00125%
Currency Options
0.042% (on premium)
Commodity
MCX: 0.0025%
0.0025%
Motilal Oswal Vs Wisdom Capital Exposure Margin
Motilal Oswal
Wisdom Capital
Equity Delivery
4 times
5x to 40x (dependent on brokerage plan)
Equity Intraday
20 time for Margin+ (Over 140 Stocks), 4 times for other stocks
5x to 40x (dependent on brokerage plan)
Equity Futures
Intraday: 3 times | Carry forward position: no exposure
5x to 20x (dependent on brokerage plan)
Equity Options
No exposure
5x to 40x (dependent on brokerage plan)
Currency Futures
NA
4x to 15x (dependent on brokerage plan)
Currency Options
NA
4x to 15x (dependent on brokerage plan)
Commodity Futures
Intraday: 3 times | Carry forward position: no exposure
5x to 20x (dependent on brokerage plan)
Commodity Options
Motilal Oswal and Wisdom Capital Feature Comparison
Motilal Oswal
Wisdom Capital
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
Orion Lite, MO Trader App
NEST
Intraday Square-off Time
Other Features
Referral Program
Motilal Oswal Vs Wisdom Capital Review
Motilal Oswal
Wisdom Capital
84 Customer Reviews
23 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
Wisdom Capital is Rated 3.4 / 5 based on 23 customer reviews
Contact Broker / Request A Call Back
Motilal Oswal Enquire
Wisdom Capital Enquire
Contact Broker
Motilal Oswal Vs Wisdom Capital Investment Options
Motilal Oswal
Wisdom Capital
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
PMS, Fixed Deposits, Insurance, Derivatives
Motilal Oswal Vs Wisdom Capital Customer Service
Motilal Oswal
Wisdom Capital
24/7 Customer Service
Onine Live Chat
Through Branches
Motilal Oswal Vs Wisdom Capital Order Type Offered
Motilal Oswal
Wisdom Capital
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 Wisdom Capital Research Report
Motilal Oswal
Wisdom Capital
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Motilal Oswal Vs Wisdom Capital Suitable For Investor Type
Motilal Oswal
Wisdom Capital
Casual Investor
Active Investor
Trader
Motilal Oswal Vs Wisdom Capital - Advantages and Disadvantages
Motilal Oswal
Wisdom Capital
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.
Zerodha
Zero Account Opening Fee