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Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Motilal Oswal Max 0.02 to 0.20% per trade while the brokerage of Zerodha ranges between Rs 20. Motilal Oswal is a Full Service Broker where Zerodha is a Discount Broker. Motilal Oswal is having overall lower rating compare to Zerodha. Motilal Oswal is rated only 4 out of 5 where Zerodha is rated 4.5 out of 5. Number of active customer for Zerodha is 73,92,836 where number of active customer for Motilal Oswal is 8,93,218. Zerodha is serving more customer compare to Motilal Oswal.
Here we present side-by-side comparison of Motilal Oswal vs Zerodhashare brokers in India. The comparison is based on more than 100+ attributes for clear decisionmaking. To be precise, we have compared Motilal Oswal vs Zerodha's on brokerageplans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, MobileApp, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India.This will help you in make up your mind and clear things for you so that you can choose the best brokerfor youself. We also help our visitors with account opening.
Here we present side-by-side comparison of Motilal Oswal vs Zerodha share brokers in India. The comparison is based on more than 100+ attributes for cleardecision making.
To be precise, we have compared Motilal Oswal vs Zerodha's on
- Brokerage plans
- Plan types
- Customer Service
- Maintenance fees
- AMC
- Trading Platforms
- Rating
- Reviews
- Mobile App
- Margin/Leverage/Exposure
- Demat Account
- Investment Options
- And many more attributes
This will help you in make up your mind and clear things for you so that you can choose the best brokerfor yourself. We also help our visitors with account opening.
Compare Motilal Oswal vs Zerodha on Service
Motilal Oswal | Zerodha | |
|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
| Broker Type | Full Service Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX |
| Active Clients | 8,93,218 | 73,92,836 |
| Broker Overview | Extensive range of asset classes, award-winning research, personalized advisory services, great customer service, and dedicated MO Trader and MO Investor app are the key reasons that make Motilal Oswal an excellent broker for traders and investors. | Zerodha is India's leading discount broker offering free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. |
| Broker Enquiry |  | |
Account Opening Charges and AMC
Compare Motilal Oswal vs Zerodha on Trading & Demat AccountOpening Charges
Comparison of Motilal Oswal with Zerodha on trading & demat account opening chargesand AMC. Trading account opening charges - Motilal Oswal offer Free account opening where Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening. DematAMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account where Zerodha charges Rs 300 PA AMC for Demat account.
| Charges | Motilal Oswal | Zerodha |
|---|---|---|
| Trading Account Opening Fees | Free | Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) |
| Trading AMC | Free | Free |
| Demat Account Opening Fees | Free | Free |
| Demat AMC | Rs 400 per annum [Free for 1st year] | Rs 300 PA |
| Provide DP Service |  | |
About Brokerage Plans
Compare Motilal Oswal vs Zerodha on Plan Options
Plans are the most important feature you look when compare Motilal Oswal withZerodha. This section compare on high level about type of plans offered by brokers.Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans -Both the brokers don't have Monthly Plans.
| Plan Types | Motilal Oswal | Zerodha |
|---|---|---|
| Multiple Plans |  | |
| Monthly Plans | | |
| Yearly Plans | | |
Account Opening Request
Account Opening
| Zerodha | Zerodha | |
|---|---|---|
| Account Opening Request |
Brokerage Charges
Compare Motilal Oswal vs Zerodha on Brokerage Charges
Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.
Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.
| Brokerage Charges Compare | Motilal Oswal | Zerodha |
|---|---|---|
| Plan Name | Default Brokerage Plan | Max Rs 20 per order Trading Plan |
| Equity Delivery | 0.20% | Free |
| Equity Intraday | 0.02% | 0.03% or Rs 20 whichever is lower |
| Equity Futures | 0.02% | 0.03% or Rs 20 whichever is lower |
| Equity Options | Rs 20 per lot | Flat Fee Rs 20 |
| Currency Futures | Rs 20 per lot | 0.03% or Rs 20 whichever is lower |
| Currency Options | Rs 20 per lot | Flat Fee Rs 20 |
| Commodity Trading | Futures: 0.02%| Options: Rs 200 Per Lot | Flat Fee Rs 20 |
| Minimum Brokerage | NIL | NIL |
| Hidden Charges | No | No |
| Funding | Yes - 18% interest PA | Info Not Available |
| Call & Trade Charges | NA | Rs 50 Per Executable Order |
| Auto Square off Charges | NA | Rs 50 Per Executable Order |
| Brokerage Calculator | Brokerage Calculatorfor Motilal Oswal | Brokerage Calculatorfor Zerodha |
Share Broker's Transaction Charges
Compare Motilal Oswal vs Zerodha on Transaction Charges
Compare Motilal Oswal with Zerodha on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Motilal Oswal | Zerodha |
|---|---|---|
| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
| Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
| Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr |
| Brokerage Charges | Complete Brokerage Plans formotilal-oswal | Complete Brokerage Plans forzerodha |
Account Features
Compare Motilal Oswal vs Zerodha on Account Features
Compare Motilal Oswal with Zerodha on Account Features like 3-in-1 account, AlgoTrading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account.Algo Trading - Zerodha offers Algo Trading where Motilal Oswal doesn't offers Algo Trading. Margin Funding - Motilal Oswal offers a margin funding where Zerodha doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.
| Account Features Compare | Motilal Oswal | Zerodha |
|---|---|---|
| 3 in 1 Account | | |
| Charting | | |
| Algo Trading | | |
| SMS Alerts | | |
| Online Demo | | |
| Online Portfolio | | |
| Margin Trading Funding Available | | |
| Combined Ledger for Equity and Commodity | | |
| Intraday Square-off Time | 3:15PM | 3:20 PM |
| NRI Trading | | |
| Other Features | NIL | NIL |
Trading Platform
Compare Motilal Oswal vs Zerodha on Trading Platform
With our expert research team, we have compared all the major features of Trading platform b/wMotilal Oswal and Zerodha. This comparison covers Desktop Trading Platform, Web,Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo linksfor easy access.
| Trading Platform Compare | Motilal Oswal | Zerodha |
|---|---|---|
| Desktop Trading Platform | Orion Lite | NA |
| Desktop Demo | Desktop Demo | Info Not Available |
| Desktop Platform (Windows) | | |
| Desktop Platform (Mac) | | |
| Web Trading Platform | | |
| Web Trading Detail | https://power.motilaloswal.com/MOSL/userMaster/login | Zerodha Kite Web |
| Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Site | | |
| Mobile Trading | | |
| Mobile Trading App | MO Trader | Zerodha Kite App |
| Mobile Trading App Demo | MO Trader Demo | Zerodha Kite App Demo |
| Android Mobile App | | |
| Android App Download | Andriod MO Trader Download | Andriod Zerodha Kite App Download |
| iPhone Mobile App (IOS) | | |
| iOS App Download | iOS MO Trader Download | iOS Zerodha Kite App Download |
| Android Tablet App | | |
| iPad App (IOS) | | |
| Trading Software Charges | Free | Free |
| Equity Brokerage Calculator | Equity Intradayand Delivery Brokerage Calculator for Motilal Oswal | Equity Intraday andDelivery Brokerage Calculator for Zerodha |
| Futures Brokerage Calculator | FuturesBrokerage Calculator for Motilal Oswal | Futures BrokerageCalculator for Zerodha |
| Options Brokerage Calculator | OptionsBrokerage Calculator for Motilal Oswal | Options BrokerageCalculator for Zerodha |
| Detail | Detail on Trading Platforms formotilal-oswal | Detail on Trading Platforms forzerodha |
Broker Ratings by Users
Compare Motilal Oswal vs Zerodha on User Rating
| Motilal Oswal | Zerodha | |
|---|---|---|
| 57 Customer Reviews | 160 Customer Reviews | |
| Fees Ratings | 3.2 | 4.0 |
| Trading Brokerage Rating | 2.6 | 4.4 |
| Trading Platform Usability | 3.2 | 3.7 |
| Customer Service Ratings | 3.0 | 3.8 |
| Overall Ratings | 3.0 | 3.9 |
| Broker Rating | Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews | Zerodha is Rated 3.9 / 5 based on 160 customer reviews |
Investment Offerings
Compare Motilal Oswal vs Zerodha on Investment Offerings
Compare Motilal Oswal with Zerodha on Investment Offerings like Online IPOApplication, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT,Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE.Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Motilal Oswal provide PMS Service where Zerodha doesn't offer
| Investment Offerings Compare | Motilal Oswal | Zerodha |
|---|---|---|
| Equity Cash and F&O | | |
| Currency Deravitives | | |
| Commodity | | |
| Online IPO Application | | |
| Mutual Funds | | |
| Bond / NCD | | |
| ETF | | |
| Banking | | |
| Insurance | | |
| Forex | | |
| MF SIP Investment | | |
| Equity SIP Investment | | |
| PMS Service | | |
| Other Investment Options | NIL | NIL |
Order Types
Compare Motilal Oswal vs Zerodha on Order Types
Order Type - Compare Motilal Oswal with Zerodha on offerings of order types. Allthe brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order typelike cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Motilal Oswal provide Bracket Orders (BO) where Zerodha doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses.After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.
| Order Type Compare | Motilal Oswal | Zerodha |
|---|---|---|
| CNC order | | |
| MIS order | | |
| NRML order | | |
| Cover order | | |
| Bracket order | | |
| AMO-After Market Orders | | |
| GTC-Good Till Cancelled | | |
Customer Service Offered
Compare Motilal Oswal vs Zerodha on Customer Service
Compare Motilal Oswal with Zerodha on customer service offered by the broker. Thissection compares types of service offered by each broker for a quick resolution for query/issue youhave.
| Customer Service Compare | Motilal Oswal | Zerodha |
|---|---|---|
| 24/7 Customer Service | | |
| Email Support | | |
| Onine Live Chat | | |
| Phone Support | | |
| Toll Free Number | | |
| Through Branches | | |
| Customer Care Number | 022 40548000/022 67490600 | "+ 91 80 4040 2020" |
| Account Opening Process | Online/Paperless | Online/Paperless |
| Customer Support Email | [emailprotected] | [emailprotected] |
| Knowledge Center/Education | https://edumo.motilaloswal.com/ | https://zerodha.com/varsity/ |
| Head Office Address | Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025 | Zerodha Headquater #153/154 4th Cross Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore - 560078 |
| Website | https://www.motilaloswal.com/ | https://zerodha.com/ |
Tips/Research/Reports Published
Compare Motilal Oswal vs Zerodha on Research Reports, Tips
Compare Motilal Oswal with Zerodha on research reports and tips provided by thebroker.
| Motilal Oswal | Zerodha | |
|---|---|---|
| Research Mutual Funds | | |
| Research Equity Reports | | |
| Research ETF | | |
| Daily Market Report | | |
| Free Tips | | |
| Quarterly Result Analysis | | |
| News Alerts | | |
Demat Account
Compare Motilal Oswal vs Zerodha on Demat Account
Compare Motilal Oswal with Zerodha on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for Zerodha is ₹300 pa where for Motilal Oswal is ₹400 pa.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for Motilal Oswal is 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) where for Zerodha is ₹8 + ₹5.50 (CDSL Charges) per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
| Motilal Oswal | Zerodha | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID | 10900 | 81600 |
| Demat Account Annual Maintenance Charges(AMC) | ₹400 pa | ₹300 pa |
| Advance Deposit | NIL | Nil |
| Statutory charges | Nil | ₹50 |
| Transaction Charges on Debit (Per ISIN) | 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) | ₹8 + ₹5.50 (CDSL Charges) per transaction |
| Demat | ₹50 per certificate + ₹50 courier charges | ₹150 per certificate + ₹100 courier charges |
| Remat | ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges | ₹150 per certificate + ₹100 courier charges + CDSL Charges |
| Pledge Creation | ₹35 | ₹20 + ₹12 CSDL charges |
| Pledge Creation Confirmation | Nil | Nil |
| Pledge Closure | ₹35 | ₹20 + ₹12 CSDL charges |
| Pledge Closure Confirmation | Nil | Nil |
| Pledge Invocation | ₹35 | ₹20 |
| Failed Instruction Charges | Nil | ₹50 per instraction |
| Other Charges | Nil | Nil |
Special Offers,Advantages,Disadvantages
Compare Motilal Oswal vs Zerodha on Special Offers and Promotion
Compare Motilal Oswal with Zerodha on the general features, advantages,disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| Motilal Oswal | Zerodha | |
|---|---|---|
| Pay In and Pay Out Options | Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from MO Desktop or MO Trader or MO Investor Mobile App. Pay-out/Fund Withdrawal - Bank Transfer only | pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time | Max 24 hrs except bank holidays. | Max 24 hrs except for bank holidays |
| Bank Supported and Charges | Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. | Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). |
| Bank Detail | Info Not Available | HDFC Bank Account#ZERNSE Branch: Sandoz Branch, Mumbai IFSC Code:HDFC0000240 |
| Likes | There are enormous benefits or advantages of trading with Motilal Oswal. Here are the reasons that make it a good fit for both traders and investors;
Detail Review... | You will enjoy many benefits or advantages while trading with Zerodha;
Detail Review... |
| Dislikes | There are some drawbacks or disadvantages that might discourage you to not opening an account with Motilal Oswal. Here are some important trading cons;
Detail Review... |
Detail Review... |
| Special Offers/Promo | Free Demat AMC (Client need to opt for 3,000 Value Pack (prepaid brokerage) or Open the A/c with above 25,000 margin) | Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges. |
| Enquiry | Open Zerodha Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2023-09-14T05:03:12+00:00
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