Compare Brokers

At ZERODHA, Real Value Is More than Rs 15 Trades, Compare Brokers and See for Yourself

ZERODHA Vs Motilal Oswal - Broker Comparison

Open account Instantly

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)


Motilal Oswal Securities Ltd
Flat Fee Plan
(₹20 per executed order)
Standard Plan
Trading Account Opening Fee ₹200 ₹1000
Brokerage Account AMC ₹0 ₹0
Demat Account Opening Fee ₹100 ₹0
Demat Account AMC * ₹300 ₹400

Brokerage Charges

Compare the commission charged by the brokers for the trades executed


Motilal Oswal Securities Ltd
Flat Fee Plan
(₹20 per executed order)
Standard Plan
Monthly Fee NA NA
Equity Delivery ₹0 (Zero) 0.50%
Equity Intraday 0.01% to maximum Rs 20 Per Order 0.05%
Equity Future ₹20 per order 0.05%
Equity Options ₹20 per order ₹75 per Lot
Currency Futures ₹20 per order ₹20 per Lot
Currency Options ₹20 per order ₹20 per Lot
Commodity ₹20 per order 0.03%

Transaction Charges (Per Crore)

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


Motilal Oswal Securities Ltd
Flat Fee Plan
(₹20 per executed order)
Standard Plan
Equity Delivery Rs 325 per crore NSE ₹335
Equity Intraday Rs 325 per crore NSE ₹325
Equity Future * Rs 210 per crore NSE ₹200
Equity Options * Rs 5400 per crore NSE ₹5110
Currency Futures * Rs 135 per crore NSE ₹125
Currency Options Rs 4400 per crore NSE ₹4200
Commodity MCX Agri Rs 275 per crore | Non Agri Rs 360 per crore MCX ₹250

Other Charges

Compare miscellaneous charges, minimum fees and add-on service rates.


Motilal Oswal Securities Ltd
Flat Fee Plan
(₹20 per executed order)
Standard Plan
Minimum Brokerage Zero ₹30 for Delivery and ₹15 for Intraday
Call & Trade ₹20 per executed order -
Stamp Duty * Charges as per the state of residence 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

Features

Compare key features offered the brokers.


Motilal Oswal Securities Ltd
Flat Fee Plan
(₹20 per executed order)
Standard Plan
Trading Platform ZERODHA (Pi) Desktop
ZERODHA (Kite) Web
ZERODHA (Kite) Mobile

NOW Desktop
NOW Web
NOW Mobile
Orion Lite

Demat Account Charges

Find charges for the best Demat Account for small investors


Motilal Oswal Securities Ltd
Flat Fee Plan
(₹20 per executed order)
Standard Plan
Depository Service Provider CDSL CDSL
Account Opening Fee

Rs 100

Nil

Advance Deposit

Zero

Nil

AMC

Rs 300

₹700 p.a.

Dematerialisation Charges

₹50 per set up + ₹50 courier charges

₹50 per certificate + ₹50 per request

Rematerialisation Charges

₹50 per set up + ₹50 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)

₹8 + ₹5.50 (CDSL charges) per ISIN

0.025% or ₹30

Pledge Creation Charges ₹50 per set up

₹35 per request

Pledge Creation Confirmation Charges

Nil

Nil

Pledge Invocation Charges

₹50 per set up

₹35 per request

Failed Instruction Charges

Failed transactions ₹50 per ISIN

Nil

Other Charges -

Demat Rejection: ₹50 per request