Sharekhan Vs Motilal Oswal (Compare Sharekhan and Motilal Oswal)


Sharekhan
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 & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan


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... 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
Open an Online Trading Account with Sharekhan.Open an Online Trading Account with Motilal Oswal.
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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. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Motilal Oswal Demat Account AMC Charges is Free (Rs 400 2nd year onward).

  Sharekhan Motilal Oswal
Trading Account Opening Charges Rs 0 (Free) Rs 0
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) Free (Rs 400 2nd year onward)
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Sharekhan Vs Motilal Oswal Brokerage Charges & Plans

Sharekhan Vs Motilal Oswal Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Motilal Oswal brokerage charges for equity is 0.50% and intraday is 0.05% (both side).

  Sharekhan Motilal Oswal
Account Type Classic Account Default Plan
Fixed Charges
Equity Delivery 0.50% 0.50%
Equity Intraday 0.10% 0.05% (both side)
Equity Futures 0.10% 0.05% (both side)
Equity Options Rs 50 per lot Rs 100 per lot (both side)
Currency Futures 0.10% Rs 20 per lot (both side)
Currency Options Rs 30 per lot Rs 20 per lot (both side)
Commodity Futures 0.03% 0.05% (both side)
Commodity Options 0.03%
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
Special Offer: Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer

Sharekhan Vs Motilal Oswal Brokerage Plan 2

  Sharekhan Motilal Oswal
Account Type Prepaid - ₹1 Lakh Value Pack (VP2KLT)
Fixed Charges Rs 1,00,000 per year Rs 2000 (one time fee)
Equity Delivery 0.10% 0.40%
Equity Intraday 0.015% 0.04% (both side)
Equity Futures 0.015% 0.04% (both side)
Equity Options 0.05% or Rs 63 per lot Rs 50 per lot (both side)
Currency Futures Rs 22 per lot (both side)
Currency Options Rs 22 per lot (both side)
Commodity Futures 0.04% (both side)
Commodity Options
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Sharekhan Vs Motilal Oswal Brokerage Plan 3

  Sharekhan Motilal Oswal
Account Type Margin - ₹1 Lakh Value Pack (VP1LACLT)
Fixed Charges Rs 1,00,000 margin Rs 1,00,000 (one time fee)
Equity Delivery 0.25% 0.10%
Equity Intraday 0.05% 0.01% (both side)
Equity Futures 0.05% 0.01% (both side)
Equity Options 1% or Rs 70 per lot Rs 20 per lot (both side)
Currency Futures Rs 10 per lot (both side)
Currency Options Rs 10 per lot (both side)
Commodity Futures 0.01% (both side)
Commodity Options
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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 and Rs 12 for Intraday
Other Charges Minimum balance: Rs 1,000
Call & Trade Charges Rs 20 Nil
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Sharekhan Vs Motilal Oswal Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while Motilal Oswal exchange transaction charges for options is NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium).

  Sharekhan Motilal Oswal
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 1000 per Cr (0.01%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 200 per Cr (0.002%) (each side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) Rs 200 per Cr (0.002%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium)
Currency Futures NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) Rs 125 per Cr (0.00125%)
Currency Options NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) Rs 4200 per Cr (0.042%)(on premium)
Commodity MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%) 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 6 times of the trade value based on the volatility of the stock whereas the Motilal Oswal margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Sharekhan Motilal Oswal
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Sharekhan and Motilal Oswal Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Motilal Oswal offers Orion Lite, MO Trader App 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
Margin Against Shares (Equity F&O) Yes
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 Yes
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Sharekhan Vs Motilal Oswal Review

Sharekhan is rated 3.3 of 5 based on 301 customer reviews whereas Motilal Oswal is rated 2.4 of 5 based on 114 customer reviews.

  Sharekhan Motilal Oswal
  301 Customer Reviews    Rate Sharekhan 114 Customer Reviews    Rate Motilal Oswal
Fees 3.0 2.8
Brokerage 2.8 2.3
Trading Platform 3.7 2.9
Customer Service 3.3 2.6
Research Capabilities 3.0 2.4
Overall Ratings Rated 3.3 stars Rated 2.4 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 301 customer reviews Motilal Oswal is rated 2.4 of 5 based on 114 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Enquire Motilal Oswal Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer
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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, Derivatives
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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
  • 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.
Cons
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.
  • 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.
Reviews
Promo / Offers

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

Get Zero AMC for Lifetime

Motilal Oswal offers Zero AMC for Lifetime Demat Account (Rs 400 waived) with Rs 25k margin or Rs 3k prepaid value pack. Also avail Rs 3k woth of discount vouchers, Rs 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.

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