Motilal Oswal vs AxisDirect

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

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

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Motilal Oswal

AxisDirect

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Motilal Oswal Securities Ltd Axis Securities
Standard Plan Fixed Plan
Trading Account Opening Fee ₹0 ₹900
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹400 (1st year free) ₹650
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Motilal Oswal Securities Ltd Axis Securities
Standard Plan Fixed Plan
Equity Delivery 0.50% 0.50%
Equity Intraday 0.05% 0.05%
Equity Future 0.05% 0.05%
Equity Options ₹100 per Lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures ₹20 per Lot 0.05%
Currency Options ₹20 per Lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Monthly Fee NA NA
Commodity 0.05% 0.03% (Each Leg)

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Motilal Oswal Securities Ltd Axis Securities
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Transaction Charges (Per Crore)

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

Motilal Oswal Securities Ltd Axis Securities
Standard Plan Fixed Plan
Equity Delivery NSE ₹335 | BSE ₹1000 NSE ₹325 | BSE ₹300
Equity Intraday NSE ₹325 | BSE ₹200 NSE ₹325 | BSE ₹300
Equity Future * ₹200 NSE ₹190 | BSE ₹300
Equity Options * NSE ₹5110 | BSE ₹200 NSE ₹5000 | BSE ₹300
Currency Futures * ₹125 ₹190
Currency Options ₹4200 ₹5000

Other Charges

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

Motilal Oswal Securities Ltd Axis Securities
Standard Plan Fixed Plan
Minimum Brokerage ₹25 for Delivery and ₹12 for Intraday ₹20 per executed order
Call & Trade - Rs 20 per call post 20th call per month
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) ₹20 or 0.025% of transaction value whichever is higher 0.04% (minimum Rs 25 per instruction)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Motilal Oswal Securities Ltd Axis Securities
Standard Plan Fixed Plan
Trading Platform Orion Lite, and MO Trader Mobile App DirectTrade, Swift Trade
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 Unnati, Optional strategy charts Can trade in 32 exchanges through Saxo Trader
Referral Program Yes Rs.500 per referal

Demat Account Charges

Find charges for the best Demat Account for small investors

Motilal Oswal Securities Ltd Axis Securities
Standard Plan Fixed Plan
Depository Service Provider CDSL and NSDL CDSL
Account Opening Fee

Nil

Nil

Advance Deposit

Nil

Nil

AMC

₹400 p.a.

Retail Account:

Axis Bank Customer: ₹650 per year (1st year free). ₹2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank.

Non-Axis Bank Customer: ₹250 per year (1st year free)

BSDA Account:

Nil for holding value till ₹50,000

₹100 per year for holding value from ₹50,001 to ₹2,00,000

Holding value above ₹2,00,000 tariff for Retail account will be applicable.

Corporate Account:

₹400 for Axis Bank clients + CDSL AMC of ₹500

₹600 for non-Axis Bank clients+ CDSL AMC of ₹500

Dematerialisation Charges

₹50 per certificate + ₹50 per request

Retail / BSDA Account: ₹5 per certificate subject to minimum of ₹50 per request, whichever is higher. ₹50 per request as courier charges for mutual fund Units.

Corporate Account: ₹2.50 per certificate subject to a minimum of the ₹50 per request.

Rematerialisation Charges

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

Retail / BSDA Account: ₹20 for every 100 securities or part thereof or ₹50 per request whichever is higher. ₹50 per instruction for mutual fund Units.

Corporate Account: ₹20 per certificate subject to minimum of ₹50 per request

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

0.025% or ₹30

Retail Account: 0.04% of the value of the transaction (Min ₹25 per instruction) whichever is higher. ₹25 flat per instruction for mutual fund units.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. ₹50 flat per instruction for mutual fund units.

Corporate Account: 0.04% subject to minimum of ₹23 per instruction.

Pledge Creation Charges

₹35 per request

Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

Corporate Account: Flat ₹50 per request.

Pledge Creation Confirmation Charges

Nil

Nil

Pledge Invocation Charges

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

Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

Corporate Account: Flat ₹50 per request.

Failed Instruction Charges

Nil

₹10 per Instruction

Other Charges

Demat Rejection: ₹50 per request

Ad-hoc Statement - ₹100 per statement

Quarterly (Physical) statement

Retail Account - Nil

BSDA Account - ₹25 per statement

Account Modification Charges

Retail Account - Nil

BSDA Account - ₹100

DIS Booklet Charge

Retail Account - NIL

BSDA Account - ₹200 per booklet

Redemption of mutual fund units through DP - ₹25 per instruction

Basic Details

Basic Details of Brokers

Motilal Oswal Securities Ltd Axis Securities
Standard Plan Fixed Plan
Year of Incorporation 1987 2005
Active Exchange Memberships NSE, BSE, MCX NSE, BSE, MCX
Demat Services NSDL & CDSL NSDL
Website https://www.motilaloswal.com https://simplehai.axisdirect.in
Contact Details 022-30896680 18002100808
Total Number of Clients 3,23,543 389,500+
Total Number of Branches 500+ cities 3000+

Charts and Data

Charts and Data

Motilal Oswal Securities Ltd Axis Securities
Standard Plan Fixed Plan
Live data source NSE, BSE, MCX NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes -
No.of indicators 40 40
No.of charts can be opened 4 -
Live Scanners Yes -
Customizable screeners Yes No
Trading from charts No No
Compare Symbol performance on Chart No No
Options charts Yes No
Continuous futures charts Yes No
Intraday historical data for charts 3 moths 1 year
End of Day historical data for charts 10 years 15 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

Motilal Oswal Securities Ltd Axis Securities
Standard Plan Fixed Plan
Equity Delivery - Nil
Equity Intraday - Upto 10x
Equity Futures - Nil
Equity Options - Nil
Currency Futures - NA
Currency Options - NA
Commodity Futures - 3x
Commodity Options - NA

Orders

Orders

Motilal Oswal Securities Ltd Axis Securities
Standard Plan Fixed Plan
Cover Orders (CO) Yes Yes
Bracket orders / One Cancels Other (BO / OCO) No No
After Market Orders (AMO) No Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Motilal Oswal Securities Ltd Axis Securities
Standard Plan Fixed Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.10000 to Rs.10,00,000 Rs.1,00,000 to Rs.3,00,000

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Motilal Oswal Securities Ltd Axis Securities
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