Choice Broking Vs Motilal Oswal
Choice Broking
Choice Broking is a full service Broker. Choice Broking Review 2024 gives an overall view 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 and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Choice Broking Vs Motilal Oswal - Broker Details
| Choice Broking | Motilal Oswal | |
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| Single Margin Facility |
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| Year of Incorporation | 2010 | 1987 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | BSE, NSE |
| Branches | 50+ | 3463+ |
| Brokerage | 0.02% | 0.02% |
| Broker Type | Full service Broker | Full Service Broker |
Choice Broking Vs Motilal Oswal - Account Opening & AMC Charges
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | Free (₹400 from 2nd year) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Choice Broking Vs Motilal Oswal - Brokerage charges & Plans
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Commodity Futures | 0.02% | 0.05% on both side |
| Currency Futures | 0.02% | ₹20/Lot |
| Equity Delivery | 0.2% | 0.20% |
| Equity Options | ₹25/Lot | ₹20/Lot |
| Commodity Options | ₹50/Lot | ₹200/ Lot |
| Equity Futures | 0.02% | 0.05% (both side) |
| Currency Options | ₹20/Lot | ₹20/ Lot |
| Fixed Charges | 0.02% | ₹2000 (one-time fee) |
| Equity Intraday | 0.02% | 0.02% |
Choice Broking Vs Motilal Oswal - Other Charges
| Choice Broking | Motilal Oswal | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹25/Order |
| Other Brokerage Charges | ₹25/Lot | ₹2000 (one-time fee) |
| Minimum Brokerage | 0.02% | 0.02% |
Choice Broking Vs Motilal Oswal - Transaction Charges
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | ₹4200 |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | ₹200 |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE ₹325 | BSE ₹200 |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE ₹5110 | BSE ₹200 |
| Commodity | Future Exchange txn charge:- 0.0026% | Clearing charge: 0.0003% | RMS Charge 0.005% (Only NCDEX) || Option:- Exchange txn charge:- 0.05% | Clearing charge :- 0.002% | ₹250 |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | ₹125 |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE ₹335 | BSE ₹1000 |
Choice Broking Vs Motilal Oswal - Margin (Exposure)
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Choice Broking Vs Motilal Oswal - Features
| Choice Broking | 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 | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 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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Choice Broking Vs Motilal Oswal - Review & Rating
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Motilal Oswal - Request a call back from Broker
| Choice Broking | Motilal Oswal | |
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Choice Broking Vs Motilal Oswal - Investment Options
| Choice Broking | 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 |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Choice Broking Vs Motilal Oswal - Order Type
| Choice Broking | 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 (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Choice Broking Vs Motilal Oswal - Research & Report
| Choice Broking | Motilal Oswal | |
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| 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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Choice Broking Vs Motilal Oswal - Daily Market Report
| Choice Broking | Motilal Oswal | |
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| Daily Market Reports & News |
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Choice Broking Vs Motilal Oswal - Suitable For Investor
| Choice Broking | Motilal Oswal | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs Motilal Oswal - Pros & Cons
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Pros | 1. It offers a broad range of investment products. 2. It has a simple trading platform and offers it to the customers. 3. It offers various multiple AMC plans to its customers that provides lifetime AMC and refundable AMC options. 4. It has a proactive and prompt customer service. 5. It has an instant and paperless demat account opening process. 6. Choice broking has an excellent margin trading facility service to its customers. 7. The research call provided by the brokers has 78% accuracy ratio. | 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 Choice Broker does not allow to open a three-in-one account services to its customers. 2. It has no flexible brokerage plans. 3. The broker does not provide Margin Calculator. 4. It does not provide an in-house trading terminal. | 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. |
Choice Broking Vs Motilal Oswal - Background
| Choice Broking | Motilal Oswal | |
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Choice Broking Vs Motilal Oswal - Compare All Brokers
| Choice Broking | Motilal Oswal | |
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Choice Broking Vs Motilal Oswal - STT/CTT
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Choice Broking Vs Motilal Oswal - Demat transaction charges
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹30 or 0.03% (whichever is higher) |
Choice Broking Vs Motilal Oswal - GST
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Choice Broking Vs Motilal Oswal - SEBI Charges
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Motilal Oswal - Account Opening & AMC Charges
Choice Broking
Motilal Oswal
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
Free (₹400 from 2nd year)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking Vs Motilal Oswal
| Choice Broking | Motilal Oswal | |
|---|---|---|
Choice Broking Review | Brokerage Charges, Account OpeningChoice Equity Broking Private Limited is a Mumbai-based full-service stock broking firm and Choice broking established in 2010. Choice broking firm is a subsidiary of a publicly listed financial service provider organization named as Choice International Limited. It was formerly providing tis financial services since 1993 b .. + " Vs "+ Motilal Oswal |
Motilal Oswal Review | Brokerage Charges, Account OpeningMotilal 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 sector .. |
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Motilal Oswal
Motilal Oswal is a full service Broker. Motilal Oswal Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Choice Broking Vs Motilal Oswal - Brokerage charges & Plans
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Commodity Futures | 0.02% | 0.05% on both side |
| Currency Futures | 0.02% | ₹20/Lot |
| Equity Delivery | 0.2% | 0.20% |
| Equity Options | ₹25/Lot | ₹20/Lot |
| Commodity Options | ₹50/Lot | ₹200/ Lot |
| Equity Futures | 0.02% | 0.05% (both side) |
| Currency Options | ₹20/Lot | ₹20/ Lot |
| Fixed Charges | 0.02% | ₹2000 (one-time fee) |
| Equity Intraday | 0.02% | 0.02% |
Choice Broking Vs Motilal Oswal - Margin (Exposure)
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Choice Broking Vs Motilal Oswal - Other Charges
| Choice Broking | Motilal Oswal | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹25/Order |
| Other Brokerage Charges | ₹25/Lot | ₹2000 (one-time fee) |
| Minimum Brokerage | 0.02% | 0.02% |
Choice Broking Vs Motilal Oswal - STT/CTT
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Choice Broking Vs Motilal Oswal - Demat transaction charges
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹30 or 0.03% (whichever is higher) |
Choice Broking Vs Motilal Oswal - GST
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Choice Broking Vs Motilal Oswal - SEBI Charges
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Motilal Oswal - Features
| Choice Broking | Motilal Oswal | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| 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 | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 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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