ICICI Direct Vs Motilal Oswal
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Motilal Oswal
Motilal Oswal is a full service Broker. Motilal Oswal Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
ICICI Direct Vs Motilal Oswal - Broker Details
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Single Margin Facility | ||
| Year of Incorporation | 1995 | |
| Exchanges | BSE and NSE. | |
| Branches | 250+ | |
| Brokerage | Prime Plan: ₹900 | |
| Broker Type | Full service Broker | |
| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Account Opening & AMC Charges
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Trading Account Opening Charge | Rs.0 (Free) | |
| Demat Account Opening Charge | Rs.0 (Free) | ₹0 |
| Demat Account AMC | ₹700 (From 2nd Year) | Free (₹400 from 2nd year) |
| Trading Account AMC | Rs.0 (Free) | |
| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Brokerage charges & Plans
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Commodity Futures | NA | 0.05% on both side |
| Currency Futures | I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 | ₹20 per lot on both side |
| Equity Delivery | I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% | 0.50% |
| Equity Options | I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 | ₹100 per lot on both side |
| Commodity Options | NA | - |
| Equity Futures | I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% | 0.05% on both side |
| Currency Options | I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 | ₹20 per lot on both side |
| Fixed Charges | Prime Plan: ₹900 | ₹2000 (one-time fee)/monthly |
| Equity Intraday | I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% | 0.05% on both side |
| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Other Charges
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| RMS Square Off Charge | - | |
| API Charges | ||
| Call & Trade Charges | Rs.25/per order | |
| Other Brokerage Charges | Prime Plan: ₹900 | |
| Minimum Brokerage | Rs.20/order | |
| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Transaction Charges
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Currency Options | ₹5000 per Cr. (0.05) (On Premium) | ₹4200 |
| Equity Futures | ₹180 per Cr (0.0018%) | ₹200 |
| Equity Intraday | NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) | NSE ₹325 | BSE ₹200 |
| Equity Options | ₹5000 per Cr (0.05%) (On premium) | NSE ₹5110 | BSE ₹200 |
| Commodity | NA | |
| Currency Futures | ₹120 per Cr (0.0012%) | ₹125 |
| Equity Delivery | NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) | NSE ₹335 | BSE ₹1000 |
| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Margin (Exposure)
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Equity Options | 2 times for shorting | |
| Equity Intraday | Up to 25 times | |
| Currency Options | NA | |
| Commodity Options | NA | |
| Commodity Futures | NA | |
| Equity Delivery | 5 times with Interest | |
| Currency Futures | NA | |
| Equity Futures | 4 times | |
| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Features
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | 3:30 PM | |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. Desktop Application. 2. MO Trader (Online Trading App). 3. SmartWatch App. 4. MO Investor (Financial Fitness Platform). 5. Option Writer. 6. Option dCoder. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Review & Rating
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Request a call back from Broker
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Investment Options
| ICICI Direct | Motilal Oswal | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options | ||
| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Order Type
| ICICI Direct | Motilal Oswal | |
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| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW | ||
| After Market Order(AMO) |
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| STBT |
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| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Research & Report
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Daily Market Report
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Suitable For Investor
| ICICI Direct | Motilal Oswal | |
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| Casual Investor | ||
| Active Investor |
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| Trader |
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| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Pros & Cons
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Pros | 1. It facilitates its customers by providing an integrated three-in-one account i.e. banking, broking and demat accounts. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. 5. The low bandwidth website is available for the slow internet connection or for the trading from various mobile devices. 6. By placing the VTC feature i.e. Valid till Cancelled, the customers can place buy or sell the limit orders that remains valid for 45 days. | 1. It has more than 20 years of experience in the trading and investment sector. 2. It provides its investment services in Equity, Derivatives, IPO, Mutual Funds, Insurance and the Fixed Deposit segments. 3. It provides various value pack brokerage schemes that offers various brokerage options. 4. It provides a complete ease of operation with 60+ banks for the fund transfer. 5. It provides various research advisory services. 6. Various Trading software are to be provided to the customers for free. |
| Cons | 1. The brokerage of ICICI direct is high and not negotiable. The brokerage can be brought down simply by subscribing to the ICICI direct prime or prepaid brokerage plans. 2. It does not offer commodity trading. With the ICICI Trading account the customers can’t trade at MCX or NCDEX. It offers several plans to introduce commodity trading in future. 3. The minimum brokerage as the standard I-Secure plan is ₹35 per trade that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹25 per call for the call and trader after first 20 free calls in a month. | 1. It has high brokerage in comparison with the various discount brokers like Zerodha and 5Paisa. 2. The brokerage value pack scheme is competitive but then it requires an upfront fee at the time of opting for the plan. The plans can’t be updated or cancelled after the selection. 3. It does not avail its customers with a three-in-one account facility. |
| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Background
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Compare All Brokers
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Account Opening & AMC Charges
ICICI Direct
Motilal Oswal
Trading Account Opening Charge
Rs.0 (Free)
Demat Account Opening Charge
Rs.0 (Free)
₹0
Demat Account AMC
₹700 (From 2nd Year)
Free (₹400 from 2nd year)
Trading Account AMC
Rs.0 (Free)
ICICI Direct Vs Motilal Oswal
| ICICI Direct | Motilal Oswal | |
|---|---|---|
ICICI Direct NRI AccountICICI Direct is a full-service broker that avails its customer the service of retail trading and investment service from ICICI securities. ICICI Securities is the famous and largest stock broker in India. It was incorporated on 9 March, 1995 as ICICI Brokerage Services. The company offers a broad range of investment options to the retail and institutional customers.
+ " Vs "+ Motilal Oswal
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Motilal Oswal NRI AccountMotilal Oswal is among the oldest full-service stock broking firm. It was incorporated in the year 1987. It is one of the oldest stock broking firm in India. It is famous for its services such as trading applications, portfolio management services and the quick customer support. The company also provides various trading services in various sectors such as Equity, Commodity, Cur .. |
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Motilal Oswal
Motilal Oswal is a full service Broker. Motilal Oswal Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
ICICI Direct Vs Motilal Oswal - Brokerage charges & Plans
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Commodity Futures | NA | 0.05% on both side |
| Currency Futures | I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 | ₹20 per lot on both side |
| Equity Delivery | I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% | 0.50% |
| Equity Options | I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 | ₹100 per lot on both side |
| Commodity Options | NA | - |
| Equity Futures | I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% | 0.05% on both side |
| Currency Options | I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 | ₹20 per lot on both side |
| Fixed Charges | Prime Plan: ₹900 | ₹2000 (one-time fee)/monthly |
| Equity Intraday | I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% | 0.05% on both side |
| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Margin (Exposure)
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Equity Options | 2 times for shorting | |
| Equity Intraday | Up to 25 times | |
| Currency Options | NA | |
| Commodity Options | NA | |
| Commodity Futures | NA | |
| Equity Delivery | 5 times with Interest | |
| Currency Futures | NA | |
| Equity Futures | 4 times | |
| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Other Charges
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| RMS Square Off Charge | - | |
| API Charges | ||
| Call & Trade Charges | Rs.25/per order | |
| Other Brokerage Charges | Prime Plan: ₹900 | |
| Minimum Brokerage | Rs.20/order | |
| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |
ICICI Direct Vs Motilal Oswal - Features
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | 3:30 PM | |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. Desktop Application. 2. MO Trader (Online Trading App). 3. SmartWatch App. 4. MO Investor (Financial Fitness Platform). 5. Option Writer. 6. Option dCoder. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Enquiry with ICICI Direct Open Account | Enquiry with Motilal Oswal Open Account |