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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... 
About Stoxkart
Incorporated in 2019, Stoxkart is a Delhi-based online discount broker offering trading and investment services in equity, commodity, currency, derivatives, IPOs and mutual funds. It is part of SMC Global Limited, a full-service stock broker and a leading diversified financial services company in India.
Stoxkart charges one of the lowest brokerage fees in the industry. It offers brokerage free Equity delivery trades and charges flat Rs 15 per executed order on intraday equity trades only when y...
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 2019, Stoxkart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.
| Motilal Oswal | Stoxkart | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 1987 | 2019 |
| Number of Branches | 305 | 1 |
Motilal Oswal trading account opening charges is Rs 0 (Free) while Stoxkart account opening changes is Rs 300. Motilal Oswal Demat Account AMC Charges is Rs 400 (Free for 1st Year) and Stoxkart Demat Account AMC Charges is Rs 300.
| Motilal Oswal | Stoxkart | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 300 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 400 (Free for 1st Year) | Rs 300 |
Motilal Oswal brokerage charges for equity is 0.20% and intraday is 0.02% whereas Stoxkart brokerage charges for equity is Rs 0 and intraday is Rs 15 (on profit trades only).
| Account Type | Motilal Oswal Default Plan | Stoxkart Default |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.20% | Rs 0 |
| Equity Intraday | 0.02% | Rs 15 (on profit trades only) |
| Equity Futures | 0.02% | Rs 15 |
| Equity Options | Rs 20 per lot | Rs 15 |
| Currency Futures | Rs 20 per lot | Rs 15 |
| Currency Options | Rs 20 per lot | Rs 15 |
| Commodity Futures | 0.02% | Rs 15 |
| Commodity Options | Rs 200 Per Lot | Rs 15 |
| Special Offer | 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. |
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. |
| Minimum Brokerage | Rs 25 for Delivery | Rs 0 |
| Other Charges | Auto square-off Rs 20 per order. | |
| Call & Trade Charges | Free | Rs 20 |
Motilal Oswal transaction charges for options is NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) while Stoxkart exchange transaction charges for options is NSE: 0.05% | BSE: 0.0005% (on premium).
| Motilal Oswal | Stoxkart | |
|---|---|---|
| Equity Delivery | NSE Rs 335 per Cr (0.00335%) | BSE Rs 1000 per Cr (0.01%) (each side) | NSE: 0.00325% | BSE: 0.003% |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 200 per Cr (0.002%) (each side) | NSE: 0.00325% | BSE: 0.003% |
| Equity Futures | Rs 200 per Cr (0.002%) | NSE: 0.0019% | BSE: 0.0007% |
| Equity Options | NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) | NSE: 0.05% | BSE: 0.0005% (on premium) |
| Currency Futures | Rs 125 per Cr (0.00125%) | NSE: 0.0009% | BSE: 0.00042% |
| Currency Options | Rs 4200 per Cr (0.042%)(on premium) | NSE: 0.04% | BSE: 0.0012% (on premium value) |
| Commodity | MCX: Rs 250 per Cr (0.0025%) | Futures Group A: 0.0036% | Options: 0.002% |
Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Stoxkart margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Motilal Oswal | Stoxkart | |
|---|---|---|
| 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) |
The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. Stoxkart offers Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web trading software.
| Motilal Oswal | Stoxkart | |
|---|---|---|
| 3 in 1 Account |  |
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| SMS Alerts | |
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| Trading Platform | MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE | Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web |
| Intraday Square-off Time | ||
| Trading In SME Shares Allowed? | ||
| Referral Program | |
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| Other Features | ||
Motilal Oswal is rated 2.3 of 5 based on 132 customer reviews whereas Stoxkart is rated 3.8 of 5 based on 4 customer reviews.
| Motilal Oswal | Stoxkart | |
|---|---|---|
132 Customer Reviews  |
4 Customer Reviews |
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| Broker Rating | Motilal Oswal is rated 2.3 of 5 based on 132 customer reviews | Stoxkart is rated 3.8 of 5 based on 4 customer reviews |
| Motilal Oswal Enquire | Stoxkart 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. | 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. |
| Motilal Oswal | Stoxkart | |
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| Commodity | |
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| IPO | |
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| Other Investment Options | PMS, Fixed Deposits, Insurance |
| Motilal Oswal | Stoxkart | |
|---|---|---|
| Bracket Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| Good Till Cancelled (GTC) | |
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| Motilal Oswal | Stoxkart | |
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| Daily Market Report | |
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| News Alerts | |
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| Motilal Oswal | Stoxkart | |
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| Casual Investor | ||
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| Motilal Oswal | Stoxkart | |
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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