Motilal Oswal Vs ICICI Direct
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
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 Vs ICICI Direct - Broker Details
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| Single Margin Facility | ||
| Year of Incorporation | 1995 | |
| Exchanges | BSE and NSE. | |
| Branches | 250+ | |
| Brokerage | Prime Plan: ₹900 | |
| Broker Type | Full service Broker | |
| Enquiry with Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Account Opening & AMC Charges
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | Rs.0 (Free) | |
| Demat Account Opening Charge | ₹0 | Rs.0 (Free) |
| Demat Account AMC | Free (₹400 from 2nd year) | ₹700 (From 2nd Year) |
| Trading Account AMC | Rs.0 (Free) | |
| Enquiry with Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Brokerage charges & Plans
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.05% on both side | NA |
| Currency Futures | ₹20 per lot on both side | I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 |
| Equity Delivery | 0.50% | I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% |
| Equity Options | ₹100 per lot on both side | I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 |
| Commodity Options | - | NA |
| Equity Futures | 0.05% on both side | I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% |
| Currency Options | ₹20 per lot on both side | I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 |
| Fixed Charges | ₹2000 (one-time fee)/monthly | Prime Plan: ₹900 |
| Equity Intraday | 0.05% on both side | I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% |
| Enquiry with Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Other Charges
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| 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 Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Transaction Charges
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| Currency Options | ₹4200 | ₹5000 per Cr. (0.05) (On Premium) |
| Equity Futures | ₹200 | ₹180 per Cr (0.0018%) |
| Equity Intraday | NSE ₹325 | BSE ₹200 | NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) |
| Equity Options | NSE ₹5110 | BSE ₹200 | ₹5000 per Cr (0.05%) (On premium) |
| Commodity | NA | |
| Currency Futures | ₹125 | ₹120 per Cr (0.0012%) |
| Equity Delivery | NSE ₹335 | BSE ₹1000 | NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) |
| Enquiry with Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Margin (Exposure)
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| 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 Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Features
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| 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. Desktop Application. 2. MO Trader (Online Trading App). 3. SmartWatch App. 4. MO Investor (Financial Fitness Platform). 5. Option Writer. 6. Option dCoder. | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Enquiry with Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Review & Rating
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Enquiry with Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Request a call back from Broker
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| Enquiry with Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Investment Options
| Motilal Oswal | ICICI Direct | |
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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 Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Order Type
| Motilal Oswal | ICICI Direct | |
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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 Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Research & Report
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| 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 Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Daily Market Report
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Enquiry with Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Suitable For Investor
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| Casual Investor | ||
| Active Investor |
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| Trader |
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| Enquiry with Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Pros & Cons
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| Pros | 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. | 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. |
| Cons | 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. | 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. |
| Enquiry with Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Background
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| Enquiry with Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Compare All Brokers
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| Enquiry with Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Account Opening & AMC Charges
Motilal Oswal
ICICI Direct
Trading Account Opening Charge
Rs.0 (Free)
Demat Account Opening Charge
₹0
Rs.0 (Free)
Demat Account AMC
Free (₹400 from 2nd year)
₹700 (From 2nd Year)
Trading Account AMC
Rs.0 (Free)
Motilal Oswal Vs ICICI Direct
| Motilal Oswal | ICICI Direct | |
|---|---|---|
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 .. + " Vs "+ ICICI Direct |
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.
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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 Vs ICICI Direct - Brokerage charges & Plans
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.05% on both side | NA |
| Currency Futures | ₹20 per lot on both side | I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 |
| Equity Delivery | 0.50% | I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% |
| Equity Options | ₹100 per lot on both side | I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 |
| Commodity Options | - | NA |
| Equity Futures | 0.05% on both side | I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% |
| Currency Options | ₹20 per lot on both side | I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 |
| Fixed Charges | ₹2000 (one-time fee)/monthly | Prime Plan: ₹900 |
| Equity Intraday | 0.05% on both side | I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% |
| Enquiry with Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Margin (Exposure)
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| 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 Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Other Charges
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| 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 Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |
Motilal Oswal Vs ICICI Direct - Features
| Motilal Oswal | ICICI Direct | |
|---|---|---|
| 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. Desktop Application. 2. MO Trader (Online Trading App). 3. SmartWatch App. 4. MO Investor (Financial Fitness Platform). 5. Option Writer. 6. Option dCoder. | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
|
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| Enquiry with Motilal Oswal Open Account | Enquiry with ICICI Direct Open Account |