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5Paisa
IIFL Sec
Sharekhan
Anand Rathi
TradeSmart
Alice Blue
SAS Online
Bajaj Finserv
SAMCO
Tradingo
HDFC Sec
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... 
About 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.
Motilal Oswal has diversified client base that includes retail customers (including High Net worth Individuals), mutual funds, foreign institutional investors, financial institutions and corpora...
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 Sharekhan Account |
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 400 (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 400 (Free for 1st Year) |
Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Motilal Oswal brokerage charges for equity is 0.20% and intraday is 0.02%.
| Account Type | Sharekhan Classic Account | Motilal Oswal Default Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.50% | 0.20% |
| Equity Intraday | 0.10% | 0.02% |
| Equity Futures | 0.10% | 0.02% |
| Equity Options | Rs 50 per lot | Rs 20 per lot |
| Currency Futures | 0.10% | Rs 20 per lot |
| Currency Options | Rs 30 per lot | Rs 20 per lot |
| Commodity Futures | 0.03% | 0.02% |
| Commodity Options | 0.03% | Rs 200 Per Lot |
| Special Offer | Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. |
Zerodha (Trade with the best stock broker) 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. |
| Sharekhan | Motilal Oswal | |
|---|---|---|
| Account Type | Prepaid - ₹1 Lakh | Default Plan |
| Fixed Charges | Rs 1,00,000 per year | |
| Equity Delivery | 0.10% | 0.20% |
| Equity Intraday | 0.015% | 0.02% |
| 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 | |
| Open Sharekhan Account |
| Sharekhan | Motilal Oswal | |
|---|---|---|
| Account Type | Margin - ₹1 Lakh | Default Plan |
| Fixed Charges | Rs 1,00,000 margin | |
| Equity Delivery | 0.25% | 0.20% |
| Equity Intraday | 0.05% | 0.02% |
| 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 | |
| Open Sharekhan Account |
| 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 |
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%) |
| Open Sharekhan Account |
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) |
| Open Sharekhan Account |
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 |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity F&O) | |
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| 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 | |
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| Other Features | Pattern finder, Class room training | |
| Open Sharekhan Account |
Sharekhan is rated 3.3 of 5 based on 310 customer reviews whereas Motilal Oswal is rated 2.3 of 5 based on 131 customer reviews.
| Sharekhan | Motilal Oswal | |
|---|---|---|
310 Customer Reviews  |
131 Customer Reviews |
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| Broker Rating | Sharekhan is rated 3.3 of 5 based on 310 customer reviews | Motilal Oswal is rated 2.3 of 5 based on 131 customer reviews |
| 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. | 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. |
| Sharekhan | Motilal Oswal | |
|---|---|---|
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| Other Investment Options | Loans, NRI Trading | PMS, Fixed Deposits, Insurance |
| Sharekhan | Motilal Oswal | |
|---|---|---|
| Bracket Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Open Sharekhan Account |
| Sharekhan | Motilal Oswal | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Sharekhan | Motilal Oswal | |
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| Casual Investor | |
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| Active Investor | |
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| Sharekhan | Motilal Oswal | |
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| Promo / Offers | Sharekhan Special OfferRs 0 Account Opening (for a limited time only)
This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you. |
Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Sharekhan Account |
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FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
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Open Sharekhan Account
