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Motilal Oswal Vs Zerodha (Compare Motilal Oswal and Zerodha)

The side-by-side comparison of Motilal Oswal and Zerodha. Compare Motilal Oswal Vs Zerodha brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Motilal Oswal vs Zerodha?

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...

Zerodha
Zerodha is India's largest and most popular stock broker. It offers online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges ₹0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat ₹20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is ₹20 for an order (of any size, amount or segment). Zerodha Review 2020 Zero...

Motilal Oswal Vs Zerodha

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 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India.

	Motilal Oswal	Zerodha
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX	NSE, BSE, MCX and NCDEX
Account Type	Default Plan	Flat Brokerage Plan
Year of Incorporation	1987	2010
Number of Branches	305	22
Broker Enquiry
	Enquire Motilal Oswal	Enquire Zerodha

Motilal Oswal Vs Zerodha Charges & AMC

Motilal Oswal trading account opening charges is ₹0 while Zerodha account opening changes is ₹200. Motilal Oswal Demat Account AMC Charges is Free (₹400 2nd year onward) and Zerodha Demat Account AMC Charges is ₹300.

	Motilal Oswal	Zerodha
Trading Account Opening Charges	₹0	₹200
Trading Account AMC Charges	₹0	₹0 (Free)
Demat Account Opening Charges	₹0	₹0
Demat Account AMC Charges	Free (₹400 2nd year onward)	₹300

Motilal Oswal Vs Zerodha Brokerage Charges & Plans

Motilal Oswal Vs Zerodha Brokerage

Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side) whereas Zerodha brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower.

	Motilal Oswal	Zerodha
Account Type	Default Plan	Flat Brokerage Plan
Fixed Charges
Equity Delivery Brokerage	0.50%	₹0 (Free)
Equity Intraday Brokerage	0.05% (both side)	₹20 per executed order or .03% whichever is lower
Equity Futures Brokerage	0.05% (both side)	₹20 per executed order or .03% whichever is lower
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 or .03% whichever is lower
Currency Options Trading Brokerage	₹20 per lot (both side)	₹20 per executed order or .03% whichever is lower
Commodity Futures Trading Brokerage	0.05% (both side)	₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage		₹20 per executed order or .03% whichever is lower
Special Offer	Special Offer: Get Zero AMC for Lifetime (with ₹25k margin or ₹3k Value Pack) for limited time. Get the offer	Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Motilal Oswal Vs Zerodha Brokerage Plan 2

	Motilal Oswal	Zerodha
Account Type	Value Pack (VP2KLT)	Flat Brokerage Plan
Fixed Charges	₹2000 (one time fee)
Equity Delivery Brokerage	0.40%	₹0 (Free)
Equity Intraday Brokerage	0.04% (both side)	₹20 per executed order or .03% whichever is lower
Equity Futures Brokerage	0.04% (both side)	₹20 per executed order or .03% whichever is lower
Equity Options Brokerage	₹50 per lot (both side)	₹20 per executed order
Currency Futures Trading Brokerage	₹22 per lot (both side)	₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage	₹22 per lot (both side)	₹20 per executed order or .03% whichever is lower
Commodity Futures Trading Brokerage	0.04% (both side)	₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage		₹20 per executed order or .03% whichever is lower
	Enquire Motilal Oswal	Enquire Zerodha

Motilal Oswal Vs Zerodha Brokerage Plan 3

	Motilal Oswal	Zerodha
Account Type	Value Pack (VP1LACLT)	Flat Brokerage Plan
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 or .03% whichever is lower
Equity Futures Brokerage	0.01% (both side)	₹20 per executed order or .03% whichever is lower
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 or .03% whichever is lower
Currency Options Trading Brokerage	₹10 per lot (both side)	₹20 per executed order or .03% whichever is lower
Commodity Futures Trading Brokerage	0.01% (both side)	₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage		₹20 per executed order or .03% whichever is lower
	Enquire Motilal Oswal	Enquire Zerodha

Motilal Oswal Charges Vs Zerodha

Minimum Brokerage Charges	₹25 for Delivery and ₹12 for Intraday	0.03% in Intraday and F&O
Other Brokerage Charges	Minimum balance: ₹1,000	Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges	Nil	₹50 per executed order

Motilal Oswal Vs Zerodha Transaction Charges

Motilal Oswal transaction charges for options is NSE ₹5110 per Cr (0.0511%) | BSE ₹200 per Cr (0.002%) (on premium) while Zerodha exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium).

	Motilal Oswal	Zerodha
Equity Delivery	NSE ₹335 per Cr (0.00335%) \| BSE ₹1000 per Cr (0.01%) (each side)	NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday	NSE ₹325 per Cr (0.00325%) \| BSE ₹200 per Cr (0.002%) (each side)	NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Futures	₹200 per Cr (0.002%)	NSE ₹190 per Cr (0.0019%)
Equity Options	NSE ₹5110 per Cr (0.0511%) \| BSE ₹200 per Cr (0.002%) (on premium)	NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures	₹125 per Cr (0.00125%)	NSE ₹90 per Cr (0.0009%) \| BSE ₹22 per Cr (0.00022%)
Currency Options	₹4200 per Cr (0.042%)(on premium)	NSE ₹3500 per Cr (0.035%) \| BSE ₹100 per Cr (0.001%) (on premium)
Commodity	MCX: ₹250 per Cr (0.0025%)	Group A - ₹260 per Cr (0.0026%)
	Enquire Motilal Oswal	Enquire Zerodha

Motilal Oswal Vs Zerodha Leverage (Margin)

Motilal Oswal provides the margin of 20x for Margin+ (Over 140 Stocks), 4x for other stocks for intraday trades whereas the Zerodha margin for intraday cash is Up to 20x (based on the stock).

	Motilal Oswal	Zerodha
Equity Delivery	4x	1x (no margin)
Equity Intraday	20x for Margin+ (Over 140 Stocks), 4x for other stocks	Up to 20x (based on the stock)
Equity Futures	Upto 3x for Intraday	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	No exposure	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures	NA	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	No exposure	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures	Upto 3x for Intraday	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options	No exposure
	Enquire Motilal Oswal	Enquire Zerodha

Compare Motilal Oswal and Zerodha Features

The trading platforms offered Motilal Oswal include Orion Lite, MO Trader App. Zerodha offers Kite Web, Kite Mobile for Android/iOS and Coin trading software.

	Motilal Oswal	Zerodha
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	Kite Web, Kite Mobile for Android/iOS and Coin
Intraday Square-off Time		3:10 PM
Other Features		Direct Mutual Funds, APIs for Algo Trading
Referral Program
	Enquire Motilal Oswal	Enquire Zerodha

Motilal Oswal Vs Zerodha Review

Motilal Oswal is rated 2.4 of 5 based on 99 customer reviews whereas Zerodha is rated 3.7 of 5 based on 392 customer reviews.

	Motilal Oswal	Zerodha
	99 Customer Reviews	392 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Motilal Oswal is rated 2.4 of 5 based on 99 customer reviews	Zerodha is rated 3.7 of 5 based on 392 customer reviews

Contact Broker / Request A Call Back

	Motilal Oswal Enquire	Zerodha Enquire
Contact Broker	Get Zero AMC for Lifetime (with ₹25k margin or ₹3k Value Pack) for limited time. Get the offer Name Phone # Email City Name State Are you a day trader?	Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer Name Phone # Email City Name State Are you a day trader?

Motilal Oswal Vs Zerodha Investment Options

	Motilal Oswal	Zerodha
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	PMS, Fixed Deposits, Insurance, Derivatives

Motilal Oswal Vs Zerodha Order Type Offered

	Motilal Oswal	Zerodha
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Motilal Oswal	Enquire Zerodha

Motilal Oswal Vs Zerodha Research Report

	Motilal Oswal	Zerodha
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Motilal Oswal Vs Zerodha Suitable For Investor Type

	Motilal Oswal	Zerodha
Casual Investor
Active Investor
Trader

Motilal Oswal Vs Zerodha - Pros and Cons

	Motilal Oswal	Zerodha
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.	Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Excellent trading platforms (Kite) available for free. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Brokerage is 0.03% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges. Direct Mutual Fund Investment is available. Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX. Zerodha Referral Program offers 10% broekrage share to clients you refer. Good Till Triggered (GTT) order are available. These are simillar to GTC orders.
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.	Doesn't provide stock tips, research reports or recommendations. Call & Trade is charged at extra ₹50 order. Auto Square off is charged at extra ₹50 order. Doesn't offer 3-in-1 account. Doesn't offer unlimited trading plans. Doesn't offer AMC Free Demat account.
Reviews
Promo / Offers	Get Zero AMC for Lifetime Motilal 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.	Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
	Enquire Motilal Oswal	Enquire Zerodha

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Motilal Oswal	Zerodha
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