Zerodha vs Motilal Oswal
Zerodha vs Motilal Oswal - side-by-side comparison . Compare
Zerodha vs Motilal Oswal brokerage, charges, exposure margin, demat account. Read
Zerodha vs Motilal Oswal review.
Detailed comparison
Zerodha vs Motilal Oswal and find out which is better in
Zerodha vs Motilal Oswal .
Account Opening & AMC Charges
Account opening charges and annual maintenance charges (AMC)
|
Zerodha |
Motilal Oswal Securities Ltd |
|
Standard Plan |
Standard Plan |
|
Trading Account Opening Fee
|
₹200 |
₹0 |
|
Demat Account Opening Fee
|
₹0 |
₹0 |
|
Demat Account AMC *
|
₹300 |
₹400 (1st year free) |
|
Trading Account AMC |
₹0 |
₹0 |
Brokerage Charges
Compare the commission charged by the brokers for the trades executed
|
Zerodha |
Motilal Oswal Securities Ltd |
|
Standard Plan |
Standard Plan |
|
Equity Delivery |
₹0 |
0.50% |
|
Equity Intraday |
₹20 or .01% whichever is lower |
0.05% |
|
Equity Future |
₹20 or .01% whichever is lower |
0.05% |
|
Equity Options |
₹20 or .01% whichever is lower |
₹100 per Lot |
|
Currency Futures |
₹20 or .01% whichever is lower |
₹20 per Lot |
|
Currency Options |
₹20 or .01% whichever is lower |
₹20 per Lot |
|
Monthly Fee |
NA |
NA |
|
Commodity |
₹20 or .01% whichever is lower |
0.05% |
Contact Broker
Request Call Back
|
Zerodha |
Motilal Oswal Securities Ltd |
| Contact / Request Call Back |
|
|
Transaction Charges (Per Crore)
Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)
|
Zerodha |
Motilal Oswal Securities Ltd |
|
Standard Plan |
Standard Plan |
|
Equity Delivery |
NSE ₹325 | BSE ₹300 |
NSE ₹335 | BSE ₹1000 |
|
Equity Intraday |
NSE ₹325 | BSE ₹300 |
NSE ₹325 | BSE ₹200 |
|
Equity Future *
|
NSE ₹190 |
₹200 |
|
Equity Options *
|
NSE ₹5000 |
NSE ₹5110 | BSE ₹200 |
|
Currency Futures *
|
NSE ₹90 | BSE ₹22 |
₹125 |
|
Currency Options |
NSE ₹70 | BSE ₹100 |
₹4200 |
Other Charges
Miscellaneous charges, minimum fees and add-on service rates.
|
Zerodha |
Motilal Oswal Securities Ltd |
|
Standard Plan |
Standard Plan |
|
Minimum Brokerage |
NIL |
₹25 for Delivery and ₹12 for Intraday |
|
Call & Trade |
₹20 per executed order |
-
|
|
Stamp Duty *
|
State-wise |
Charges as per the state of residence |
|
DP Charges (on sell side) |
₹13.5 per scrip |
₹20 or 0.025% of transaction value whichever is higher |
|
Other Miscellaneous Charges
|
-
|
-
|
Features
Key features offered by the brokers.
|
Zerodha |
Motilal Oswal Securities Ltd |
|
Standard Plan |
Standard Plan |
|
Trading Platform |
Pi, Kite, NEST |
Orion Lite, and MO Trader Mobile App |
|
Placing orders through charts
|
Yes |
No |
|
Trading Alerts
|
Yes |
Yes |
|
Research and Advice / Trading Tips
|
No |
Yes |
|
Detailed Education Initiatives
|
Yes |
Yes |
|
Unique features & Offers
|
Direct MFs, APIs |
Unnati, Optional strategy charts |
|
Referral Program
|
One month free offer to any one of their paid services |
Yes |
Demat Account Charges
Find charges for the best Demat Account for small investors
|
Zerodha |
Motilal Oswal Securities Ltd |
|
Standard Plan |
Standard Plan |
|
Depository Service Provider |
CDSL |
CDSL and NSDL |
|
Account Opening Fee |
₹50 (POA Charges) |
Nil |
|
Advance Deposit
|
Nil |
Nil |
|
AMC |
₹300 - Individual, ₹1000 - Non Individual |
₹400 p.a. |
|
Dematerialisation Charges |
₹150 per certificate (+ ₹100 Courier charges) |
₹50 per certificate + ₹50 per request |
|
Rematerialisation Charges |
₹150 per certificate + CDSL charges + ₹100 Courier charges |
₹35 per certificate or per 100 shares and part thereof which ever is higher + 25 courier charges |
|
Transaction Charges (Credit) |
-
|
-
|
|
Transaction Charges (debit) |
On market: ₹8+5.5 (CDSL charges)
Off market: 0.03% of ₹25 whichever is higher |
0.025% or ₹30 |
|
Pledge Creation Charges |
₹20 + ₹12 per request (CDSL charges) |
₹35 per request |
|
Pledge Creation Confirmation Charges |
Nil |
Nil |
|
Pledge Invocation Charges |
₹20 |
₹35 or 0.02% (whichever is higher) per ISIN request |
|
Failed Instruction Charges |
₹50 per instruction |
Nil |
|
Other Charges |
Cheque Bounce- ₹350
Physical Statement - ₹50 (Courier charges)
Modification in CML - ₹25 per request
KRA Upload / Download - ₹50 per request
Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date. |
Demat Rejection: ₹50 per request |
Basic Details
Basic Details of Brokers
|
Zerodha |
Motilal Oswal Securities Ltd |
|
Standard Plan |
Standard Plan |
|
Year of Incorporation
|
2010 |
1987 |
|
Active Exchange Memberships |
NSE, BSE, MCX |
NSE, BSE, MCX |
|
Demat Services |
CDSL - Zerodha Securities Pvt Ltd |
NSDL & CDSL |
|
Website |
http://www.zerodha.com |
https://www.motilaloswal.com |
|
Contact Details |
080-40402020 |
022-30896680 |
|
Total Number of Clients |
8,00,000+ |
3,23,543 |
|
Total Number of Branches |
22 |
500+ cities |
Charts and Data
Charts and Data
|
Zerodha |
Motilal Oswal Securities Ltd |
|
Standard Plan |
Standard Plan |
|
Live data source |
Yes |
NSE, BSE, MCX |
|
Advanced Charting tools |
Yes |
Yes |
|
Multi-Chart Setup |
Yes |
Yes |
|
No.of indicators |
111 |
40 |
|
No.of charts can be opened |
13 |
4 |
|
Live Scanners |
Yes |
Yes |
|
Customizable screeners |
Yes |
Yes |
|
Trading from charts |
Yes |
No |
|
Compare Symbol performance on Chart |
No |
No |
|
Options charts |
Yes |
Yes |
|
Continuous futures charts |
Yes |
Yes |
|
Intraday historical data for charts |
365 days on Pi |
3 moths |
|
End of Day historical data for charts |
10 years on Pi |
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
|
Zerodha |
Motilal Oswal Securities Ltd |
|
Standard Plan |
Standard Plan |
|
Equity Delivery |
-
|
-
|
|
Equity Intraday |
-
|
-
|
|
Equity Futures |
-
|
-
|
|
Equity Options |
-
|
-
|
|
Currency Futures |
-
|
-
|
|
Currency Options |
-
|
-
|
|
Commodity Futures |
-
|
-
|
|
Commodity Options |
-
|
-
|
Orders
Orders
|
Zerodha |
Motilal Oswal Securities Ltd |
|
Standard Plan |
Standard Plan |
|
Cover Orders (CO) |
Yes |
Yes |
|
Bracket orders / One Cancels Other (BO / OCO) |
Yes |
No |
|
After Market Orders (AMO) |
Yes |
No |
Franchisee / Authorized Person related information
Franchisee / Authorized Person related information
|
Zerodha |
Motilal Oswal Securities Ltd |
|
Standard Plan |
Standard Plan |
|
Availability for franchisee / AP |
Yes |
Yes |
|
Investment required for Franchisee / AP |
Rs.11,000 |
Rs.10000 to Rs.10,00,000 |
|
|
|
