ICICIDirect vs Motilal Oswal

ICICIDirect vs Motilal Oswal - side-by-side comparison . Compare ICICIDirect vs Motilal Oswal brokerage, charges, exposure margin, demat account. Read ICICIDirect vs Motilal Oswal review.

Detailed comparison ICICIDirect vs Motilal Oswal and find out which is better in ICICIDirect vs Motilal Oswal .

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ICICIDirect

Motilal Oswal

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

ICICI Securities Pvt Ltd. Motilal Oswal Securities Ltd
I-Saver Plan Standard Plan
Trading Account Opening Fee ₹975 ₹0
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹600 ₹400 (1st year free)
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

ICICI Securities Pvt Ltd. Motilal Oswal Securities Ltd
I-Saver Plan Standard Plan
Equity Delivery 0.75% to 0.25% 0.50%
Equity Intraday 0.75% to 0.25% 0.05%
Equity Future 0.05% to 0.03% 0.05%
Equity Options ₹95 to ₹65 per lot ₹100 per Lot
Currency Futures 0.05% to 0.03% ₹20 per Lot
Currency Options 0.25 to ₹65 per lot ₹20 per Lot
Monthly Fee NA NA
Commodity NA 0.05%

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ICICI Securities Pvt Ltd. Motilal Oswal Securities Ltd
Contact / Request Call Back

Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

ICICI Securities Pvt Ltd. Motilal Oswal Securities Ltd
I-Saver Plan Standard Plan
Equity Delivery NSE ₹310 | BSE ₹280 NSE ₹335 | BSE ₹1000
Equity Intraday NSE ₹310 | BSE ₹280 NSE ₹325 | BSE ₹200
Equity Future * ₹180 ₹200
Equity Options * ₹5000 NSE ₹5110 | BSE ₹200
Currency Futures * ₹120 ₹125
Currency Options ₹5000 ₹4200

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

ICICI Securities Pvt Ltd. Motilal Oswal Securities Ltd
I-Saver Plan Standard Plan
Minimum Brokerage ₹35 per trade ₹25 for Delivery and ₹12 for Intraday
Call & Trade Rs 25 per call (20 calls free in a month) -
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.04% (Min ₹25 and Max ₹25,000) ₹20 or 0.025% of transaction value whichever is higher
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

ICICI Securities Pvt Ltd. Motilal Oswal Securities Ltd
I-Saver Plan Standard Plan
Trading Platform Trade Racer Web, Desktop, ICICI Direct Mobile App Orion Lite, and MO Trader Mobile App
Placing orders through charts No No
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives Yes Yes
Unique features & Offers Bullet Trading, Can trade in 32 exchanges through Saxo Trader Unnati, Optional strategy charts
Referral Program No Yes

Demat Account Charges

Find charges for the best Demat Account for small investors

ICICI Securities Pvt Ltd. Motilal Oswal Securities Ltd
I-Saver Plan Standard Plan
Depository Service Provider CDSL and NSDL CDSL and NSDL
Account Opening Fee

₹0

Nil

Advance Deposit

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

Nil

AMC

For Individual account: ₹500 p.a.

For Corporate account: ₹1500 p.a.

₹400 p.a.

Dematerialisation Charges

₹50 Per Demat Request Form and ₹3 For Each Certificates

₹50 per certificate + ₹50 per request

Rematerialisation Charges

₹25 + CDSL charges at actual

₹35 per certificate or per 100 shares and part thereof which ever is higher + 25 courier charges

Transaction Charges (Credit) - -
Transaction Charges (debit)

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹500 )

0.025% or ₹30

Pledge Creation Charges

0.02% or minimum of ₹50

₹35 per request

Pledge Creation Confirmation Charges

If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35

Nil

Pledge Invocation Charges

If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35

₹35 or 0.02% (whichever is higher) per ISIN request

Failed Instruction Charges

₹30

Nil

Other Charges

1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address.

2. ₹200 for restoring services if account is suspended for non payment of charges.

Demat Rejection: ₹50 per request

Basic Details

Basic Details of Brokers

ICICI Securities Pvt Ltd. Motilal Oswal Securities Ltd
I-Saver Plan Standard Plan
Year of Incorporation 1995 1987
Active Exchange Memberships NSE, BSE NSE, BSE, MCX
Demat Services NSDL & CDSL NSDL & CDSL
Website http://www.icicidirect.com https://www.motilaloswal.com
Contact Details 020-28307700 022-30896680
Total Number of Clients 8,78,884 3,23,543
Total Number of Branches 200+ 500+ cities

Charts and Data

Charts and Data

ICICI Securities Pvt Ltd. Motilal Oswal Securities Ltd
I-Saver Plan Standard Plan
Live data source NSE, BSE NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes Yes
No.of indicators 82 40
No.of charts can be opened 6 4
Live Scanners Yes Yes
Customizable screeners No Yes
Trading from charts No No
Compare Symbol performance on Chart No No
Options charts Yes Yes
Continuous futures charts Yes Yes
Intraday historical data for charts 20 days 3 moths
End of Day historical data for charts 10 years 10 years
Corporate action adjusted charts No No
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics Yes Yes
Price Ladder No No

Leverage

Leverage

ICICI Securities Pvt Ltd. Motilal Oswal Securities Ltd
I-Saver Plan Standard Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures NA -
Currency Options NA -
Commodity Futures NA -
Commodity Options NA -

Orders

Orders

ICICI Securities Pvt Ltd. Motilal Oswal Securities Ltd
I-Saver Plan Standard Plan
Cover Orders (CO) Yes Yes
Bracket orders / One Cancels Other (BO / OCO) No No
After Market Orders (AMO) No No

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

ICICI Securities Pvt Ltd. Motilal Oswal Securities Ltd
I-Saver Plan Standard Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.25,000 to Rs.2,00,000 Rs.10000 to Rs.10,00,000

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ICICI Securities Pvt Ltd. Motilal Oswal Securities Ltd
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