Elite Wealth Vs Motilal Oswal
Elite Wealth
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.
Elite Wealth Vs Motilal Oswal - Broker Details
| Elite Wealth | Motilal Oswal | |
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| Single Margin Facility |
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| Year of Incorporation | 1990 | 1987 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE |
| Branches | N/A | 3463+ |
| Brokerage | 0.03% | 0.02% |
| Broker Type | Full Service Broker | Full Service Broker |
Elite Wealth Vs Motilal Oswal - Account Opening & AMC Charges
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method | Free (₹400 from 2nd year) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Elite Wealth Vs Motilal Oswal - Brokerage charges & Plans
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| Commodity Futures | 0.03% | 0.05% on both side |
| Currency Futures | 0.03% | ₹20/Lot |
| Equity Delivery | 0.33% | 0.20% |
| Equity Options | ₹33 per Lot | ₹20/Lot |
| Commodity Options | 0.03% | ₹200/ Lot |
| Equity Futures | 0.03% | 0.05% (both side) |
| Currency Options | ₹33 per Lot | ₹20/ Lot |
| Fixed Charges | 0.03% | ₹2000 (one-time fee) |
| Equity Intraday | 0.03% | 0.02% |
Elite Wealth Vs Motilal Oswal - Other Charges
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹25/Order |
| Other Brokerage Charges | 0.03% | ₹2000 (one-time fee) |
| Minimum Brokerage | 0.03% | 0.02% |
Elite Wealth Vs Motilal Oswal - Transaction Charges
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | ₹4200 |
| Equity Futures | NSE: 0.00195% on Total Turnover value | ₹200 |
| Equity Intraday | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE ₹325 | BSE ₹200 |
| Equity Options | NSE: 0.053% on Premium value | NSE ₹5110 | BSE ₹200 |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | ₹250 |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | ₹125 |
| Equity Delivery | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE ₹335 | BSE ₹1000 |
Elite Wealth Vs Motilal Oswal - Margin (Exposure)
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Elite Wealth Vs Motilal Oswal - Features
| Elite Wealth | 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online 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. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs Motilal Oswal - Review & Rating
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs Motilal Oswal - Request a call back from Broker
| Elite Wealth | Motilal Oswal | |
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Elite Wealth Vs Motilal Oswal - Investment Options
| Elite Wealth | 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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Elite Wealth Vs Motilal Oswal - Order Type
| Elite Wealth | 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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Elite Wealth Vs Motilal Oswal - Research & Report
| Elite Wealth | 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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Elite Wealth Vs Motilal Oswal - Daily Market Report
| Elite Wealth | Motilal Oswal | |
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| Daily Market Reports & News |
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Elite Wealth Vs Motilal Oswal - Suitable For Investor
| Elite Wealth | Motilal Oswal | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs Motilal Oswal - Pros & Cons
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| Pros | 1. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all 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. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading. | 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. |
Elite Wealth Vs Motilal Oswal - Background
| Elite Wealth | Motilal Oswal | |
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Elite Wealth Vs Motilal Oswal - Compare All Brokers
| Elite Wealth | Motilal Oswal | |
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Elite Wealth Vs Motilal Oswal - STT/CTT
| Elite Wealth | 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 Sell | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01 % on Sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Elite Wealth Vs Motilal Oswal - Demat transaction charges
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹30 or 0.03% (whichever is higher) |
Elite Wealth Vs Motilal Oswal - GST
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Elite Wealth Vs Motilal Oswal - SEBI Charges
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Motilal Oswal - Account Opening & AMC Charges
Elite Wealth
Motilal Oswal
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Free (₹400 from 2nd year)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Elite Wealth Vs Motilal Oswal
| Elite Wealth | Motilal Oswal | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
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.
Elite Wealth Vs Motilal Oswal - Brokerage charges & Plans
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| Commodity Futures | 0.03% | 0.05% on both side |
| Currency Futures | 0.03% | ₹20/Lot |
| Equity Delivery | 0.33% | 0.20% |
| Equity Options | ₹33 per Lot | ₹20/Lot |
| Commodity Options | 0.03% | ₹200/ Lot |
| Equity Futures | 0.03% | 0.05% (both side) |
| Currency Options | ₹33 per Lot | ₹20/ Lot |
| Fixed Charges | 0.03% | ₹2000 (one-time fee) |
| Equity Intraday | 0.03% | 0.02% |
Elite Wealth Vs Motilal Oswal - Margin (Exposure)
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Elite Wealth Vs Motilal Oswal - Other Charges
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹25/Order |
| Other Brokerage Charges | 0.03% | ₹2000 (one-time fee) |
| Minimum Brokerage | 0.03% | 0.02% |
Elite Wealth Vs Motilal Oswal - STT/CTT
| Elite Wealth | 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 Sell | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01 % on Sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Elite Wealth Vs Motilal Oswal - Demat transaction charges
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹30 or 0.03% (whichever is higher) |
Elite Wealth Vs Motilal Oswal - GST
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Elite Wealth Vs Motilal Oswal - SEBI Charges
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Motilal Oswal - Features
| Elite Wealth | Motilal Oswal | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online 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. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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