Sharekhan Vs Motilal Oswal (Compare Sharekhan and Motilal Oswal)
The side-by-side comparison of Sharekhan and Motilal Oswal. Compare Sharekhan Vs Motilal Oswal brokerage, charges, exposure margin, demat account. Read Motilal Oswal and Sharekhan review.
Find out Sharekhan Vs Motilal Oswal which is better and Sharekhan Vs Motilal Oswal which is best.
Our Sharekhan comparison with Motilal Oswal Securities Ltd highlights the major differences between two brokers. Find the best between Sharekhan and Motilal Oswal.
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & f...
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...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
Classic Account
Default Plan
Broker Enquiry
Year of Incorporation
2000
1987
Number of Branches
2800
305
Sharekhan Vs Motilal Oswal Charges
Sharekhan
Motilal Oswal
Trading Account Opening Fees
₹0 (Free)
₹0
Trading Account AMC
₹0 (Free)
₹0
Demat Account Opening Fees
₹0 (Free)
₹0
Demat Account AMC
₹400 (Free for 1st year)
Free (₹400 2nd year onward)
Demat Account is Mandatory?
No
No
Sharekhan Vs Motilal Oswal Brokerage
Brokerage Plan 1
Sharekhan
Motilal Oswal
Account Type
Classic Account
Default Plan
Fixed Charges
Equity Delivery Brokerage
0.50%
0.50%
Equity Intraday Brokerage
0.10%
0.05% (both side)
Equity Futures Brokerage
0.10%
0.05% (both side)
Equity Options Brokerage
₹50 per lot
₹100 per lot (both side)
Currency Futures Trading Brokerage
0.10%
₹20 per lot (both side)
Currency Options Trading Brokerage
₹30 per lot
₹20 per lot (both side)
Commodity Futures Trading Brokerage
0.03%
0.05% (both side)
Commodity Options Trading Brokerage
0.03%
Brokerage Plan 2
Sharekhan
Motilal Oswal
Account Type
Prepaid - ₹1 Lakh
Value Pack (VP2KLT)
Fixed Charges
₹1,00,000 per year
₹2000 (one time fee)
Equity Delivery Brokerage
0.10%
0.40%
Equity Intraday Brokerage
0.015%
0.04% (both side)
Equity Futures Brokerage
0.015%
0.04% (both side)
Equity Options Brokerage
0.05% or ₹63 per lot
₹50 per lot (both side)
Currency Futures Trading Brokerage
₹22 per lot (both side)
Currency Options Trading Brokerage
₹22 per lot (both side)
Commodity Futures Trading Brokerage
0.04% (both side)
Commodity Options Trading Brokerage
Brokerage Plan 3
Sharekhan
Motilal Oswal
Account Type
Margin - ₹1 Lakh
Value Pack (VP1LACLT)
Fixed Charges
₹1,00,000 margin
₹1,00,000 (one time fee)
Equity Delivery Brokerage
0.25%
0.10%
Equity Intraday Brokerage
0.05%
0.01% (both side)
Equity Futures Brokerage
0.05%
0.01% (both side)
Equity Options Brokerage
1% or ₹70 per lot
₹20 per lot (both side)
Currency Futures Trading Brokerage
₹10 per lot (both side)
Currency Options Trading Brokerage
₹10 per lot (both side)
Commodity Futures Trading Brokerage
0.01% (both side)
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share
₹25 for Delivery and ₹12 for Intraday
Other Brokerage Charges
Minimum balance: ₹1,000
Call & Trade Charges
Rs 20
Nil
Sharekhan Vs Motilal Oswal Taxes
Sharekhan
Motilal Oswal
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.
Sharekhan Vs Motilal Oswal Transaction Charges
Sharekhan
Motilal Oswal
Equity Delivery
NSE ₹325 | BSE ₹275
NSE: 0.00335% | BSE: 0.01%
Equity Intraday
NSE ₹325 | BSE ₹275
NSE: 0.00325% | BSE: 0.002%
Equity Futures
NSE ₹190 | BSE ₹50
0.002%
Equity Options
NSE ₹5000 | BSE ₹50
NSE 0.0511% | BSE 0.002% (on premium)
Currency Futures
NSE ₹135 | MCX ₹130
0.00125%
Currency Options
NSE ₹4220 | MCX ₹3220
0.042% (on premium)
Commodity
MCX (Non-Agri) ₹230 | MCX (Agri) ₹95
MCX: 0.0025%
Sharekhan Vs Motilal Oswal Exposure Margin
Sharekhan
Motilal Oswal
Equity Delivery
Upto 5x with 24% interest per year
4 times
Equity Intraday
Upto 10x
20 time for Margin+ (Over 140 Stocks), 4 times for other stocks
Equity Futures
2x
Intraday: 3 times | Carry forward position: no exposure
Equity Options
Nil
No exposure
Currency Futures
Nil
NA
Currency Options
Nil
NA
Commodity Futures
Upto 2x
Intraday: 3 times | Carry forward position: no exposure
Commodity Options
Sharekhan and Motilal Oswal Feature Comparison
Sharekhan
Motilal Oswal
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
TradeTiger, Sharekhan Mobile
Orion Lite, MO Trader App
Intraday Square-off Time
3:30 PM
Other Features
Pattern finder, Class room training
Referral Program
Sharekhan Vs Motilal Oswal Review
Sharekhan
Motilal Oswal
278 Customer Reviews
84 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Sharekhan is Rated 3.4 / 5 based on 278 customer reviews
Motilal Oswal is Rated 2.6 / 5 based on 84 customer reviews
Contact Broker / Request A Call Back
Sharekhan Enquire
Motilal Oswal Enquire
Contact Broker
Sharekhan Vs Motilal Oswal Investment Options
Sharekhan
Motilal Oswal
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Loans, NRI Trading
PMS, Fixed Deposits, Insurance, Derivatives
Sharekhan Vs Motilal Oswal Customer Service
Sharekhan
Motilal Oswal
24/7 Customer Service
Onine Live Chat
Through Branches
Sharekhan Vs Motilal Oswal Order Type Offered
Sharekhan
Motilal Oswal
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Sharekhan Vs Motilal Oswal Research Report
Sharekhan
Motilal Oswal
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Sharekhan Vs Motilal Oswal Suitable For Investor Type
Sharekhan
Motilal Oswal
Casual Investor
Active Investor
Trader
Sharekhan Vs Motilal Oswal - Advantages and Disadvantages
Sharekhan
Motilal Oswal
Pros
It has a strong network of over 1950 branches across India.
The fund transfer from and to the trading account is free.
The share transfer from and to the DP account is free when trading from Sharekhan trading account.
The 'TradeTiger' is the most popular trading terminal in India.
Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
Stock SIP is available.
Loan against shares, margin funding, ipo financing and ESOP funding is available.
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.
Free Trading & Demat Account (for limited time only)
Sharekhan offers FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.
This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.
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