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Sharekhan Vs Motilal Oswal (Compare Sharekhan and Motilal Oswal)

Sharekhan Logo

About Sharekhan
Designed for the Serious and established in 2000, Sharekhan is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), the Sharekhan app and the InvesTiger app (both available for Android and iOS devices). Designed for serious Investors and Trader... Know more about Sharekhan

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

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Sharekhan Vs Motilal Oswal

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 1987, Motilal Oswal is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 305 branches across India.

  Sharekhan Motilal Oswal
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 2000 1987
Number of Branches 2800 305
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Sharekhan Vs Motilal Oswal Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Motilal Oswal account opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year).

  Sharekhan Motilal Oswal
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 199 (Free for 1st Year)

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Sharekhan Vs Motilal Oswal Brokerage

Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime).

Account Type Sharekhan Classic Account Motilal Oswal Default Plan
Fixed Charges NA
Equity Delivery 0.30% on market rate or minimum 1 paisa per share 0.20%
Equity Intraday 0.02% on market rate or minimum 1 paisa per share Rs 0 (Free for lifetime)
Equity Futures 0.02% per transaction value 0.02%
Equity Options Rs 20 per lot Rs 20 per lot
Currency Futures 0.02% per transaction value Rs 20 per lot
Currency Options Rs 5 per lot Rs 20 per lot
Commodity Futures 0.02% 0.02%
Commodity Options Rs 20 per lot Rs 200 Per Lot
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Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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.

Sharekhan Vs Motilal Oswal Brokerage Plan 2

  Sharekhan Motilal Oswal
Account Type Prepaid - Rs 1 Lakh Default Plan
Fixed Charges Rs 1,00,000 per year NA
Equity Delivery 0.10% 0.20%
Equity Intraday 0.015% Rs 0 (Free for lifetime)
Equity Futures 0.015% 0.02%
Equity Options 0.05% or Rs 63 per lot Rs 20 per lot
Currency Futures Rs 20 per lot
Currency Options Rs 20 per lot
Commodity Futures 0.02%
Commodity Options Rs 200 Per Lot
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Sharekhan Vs Motilal Oswal Brokerage Plan 3

  Sharekhan Motilal Oswal
Account Type Margin - Rs 1 Lakh Default Plan
Fixed Charges Rs 1,00,000 margin NA
Equity Delivery 0.25% 0.20%
Equity Intraday 0.05% Rs 0 (Free for lifetime)
Equity Futures 0.05% 0.02%
Equity Options 1% or Rs 70 per lot Rs 20 per lot
Currency Futures Rs 20 per lot
Currency Options Rs 20 per lot
Commodity Futures 0.02%
Commodity Options Rs 200 Per Lot
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Sharekhan Charges Vs Motilal Oswal

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share Rs 25 for Delivery
Other Charges
Call & Trade Charges Rs 20 Free

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Sharekhan Vs Motilal Oswal Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (on premium) while Motilal Oswal exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Sharekhan Motilal Oswal
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05% MCX: Rs 250 per Cr (0.0025%)
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Sharekhan Vs Motilal Oswal Leverage (Margin)

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

  Sharekhan Motilal Oswal
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 Sharekhan and Motilal Oswal Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Motilal Oswal offers MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE trading software.

  Sharekhan Motilal Oswal
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform TradeTiger, Sharekhan Mobile MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE
Intraday Square-off Time 3:30 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features Pattern finder, Class room training
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Sharekhan Vs Motilal Oswal Review

Sharekhan is rated 3.3 of 5 based on 312 customer reviews whereas Motilal Oswal is rated 2.2 of 5 based on 138 customer reviews.

  Sharekhan Motilal Oswal
  312 Customer Reviews    Rate Sharekhan 138 Customer Reviews    Rate Motilal Oswal
Fees 3.0 2.7
Brokerage 2.8 2.1
Trading Platform 3.7 2.9
Customer Service 3.3 2.5
Research Capabilities 3.1 2.2
Overall Ratings Rated 3.3 stars Rated 2.2 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 312 customer reviews Motilal Oswal is rated 2.2 of 5 based on 138 customer reviews

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Contact Broker / Request A Call Back

  Sharekhan Enquire Motilal Oswal Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes.

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Sharekhan Vs Motilal Oswal Investment Options

  Sharekhan Motilal Oswal
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading PMS, Fixed Deposits, Insurance

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Sharekhan Vs Motilal Oswal Order Type Offered

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

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

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Sharekhan Vs Motilal Oswal Suitable For Investor Type

  Sharekhan Motilal Oswal
Casual Investor Yes
Active Investor Yes
Trader Yes

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Sharekhan Vs Motilal Oswal - Pros and Cons

  Sharekhan Motilal Oswal
Pros
  1. Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices.
  2. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them.
  3. Sharekhan offers online and classroom training, seminars and workshops to investors.
  4. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account.
  5. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free.
  6. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood.
  7. Call & Trade facility is free with Sharekhan.
  8. Sharekhan allows fixed deposits as collateral for future and option trading.
  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
Cons
  1. Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services.
  2. Classic account holders cannot trade Commodities, as the segment has to be activated separately.
  3. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.
  • Very high brokerage across all trading segments compared to other full-service brokers like Angel Broking, Edelweiss, Sharekhan, and IIFL.
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Motilal Oswal Special Offer

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