ICICI Direct Vs Motilal Oswal
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about 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.
ICICI Direct Vs Motilal Oswal - Broker Details
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1987 |
| Exchanges | BSE and NSE. | BSE, NSE |
| Branches | 250+ | 3463+ |
| Brokerage | Prime Plan: ₹900/- | 0.02% |
| Broker Type | Full service Broker | Full Service Broker |
ICICI Direct Vs Motilal Oswal - Account Opening & AMC Charges
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | Free (₹400 from 2nd year) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
ICICI Direct Vs Motilal Oswal - Brokerage charges & Plans
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.05% on both side |
| Currency Futures | ₹20/ Order | ₹20/Lot |
| Equity Delivery | ₹0.09% | 0.20% |
| Equity Options | ₹20/ Order | ₹20/Lot |
| Commodity Options | ₹20/ Order | ₹200/ Lot |
| Equity Futures | ₹20/ Order | 0.05% (both side) |
| Currency Options | ₹20/ Order | ₹20/ Lot |
| Fixed Charges | ₹20/ Order | ₹2000 (one-time fee) |
| Equity Intraday | ₹20/ Order | 0.02% |
ICICI Direct Vs Motilal Oswal - Other Charges
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50/ Order | ₹25/Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹2000 (one-time fee) |
| Minimum Brokerage | ₹20/ Order | 0.02% |
ICICI Direct Vs Motilal Oswal - Transaction Charges
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | ₹4200 |
| Equity Futures | NSE: 0.002% | ₹200 |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE ₹325 | BSE ₹200 |
| Equity Options | NSE: 0.053% | NSE ₹5110 | BSE ₹200 |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | ₹250 |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | ₹125 |
| Equity Delivery | 0.00345% trade on buy & sell | NSE ₹335 | BSE ₹1000 |
ICICI Direct Vs Motilal Oswal - Margin (Exposure)
| ICICI Direct | 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) |
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 | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 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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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 | ||
| Call Back Open Account |
ICICI Direct Vs Motilal Oswal - Request a call back from Broker
| ICICI Direct | Motilal Oswal | |
|---|---|---|
ICICI Direct Vs Motilal Oswal - Investment Options
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| 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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ICICI Direct Vs Motilal Oswal - Order Type
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| 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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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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ICICI Direct Vs Motilal Oswal - Daily Market Report
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Daily Market Reports & News |
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ICICI Direct Vs Motilal Oswal - Suitable For Investor
| ICICI Direct | Motilal Oswal | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs Motilal Oswal - Pros & Cons
| ICICI Direct | Motilal Oswal | |
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| Pros | 1. It facilitates its customers by providing an integrated three-in-one account. 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. | 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. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order 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 ₹50 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. |
ICICI Direct Vs Motilal Oswal - Background
| ICICI Direct | Motilal Oswal | |
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ICICI Direct Vs Motilal Oswal - Compare All Brokers
| ICICI Direct | Motilal Oswal | |
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ICICI Direct Vs Motilal Oswal - STT/CTT
| ICICI Direct | 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 | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 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 |
ICICI Direct Vs Motilal Oswal - Demat transaction charges
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹30 or 0.03% (whichever is higher) |
ICICI Direct Vs Motilal Oswal - GST
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
ICICI Direct Vs Motilal Oswal - SEBI Charges
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Motilal Oswal - Account Opening & AMC Charges
ICICI Direct
Motilal Oswal
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
Free (₹400 from 2nd year)
Trading Account AMC
₹0 (Free)
₹0 (Free)
ICICI Direct Vs Motilal Oswal
| ICICI Direct | Motilal Oswal | |
|---|---|---|
ICICI Direct Review | Brokerage Charges, Account OpeningWith ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.
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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.
ICICI Direct Vs Motilal Oswal - Brokerage charges & Plans
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.05% on both side |
| Currency Futures | ₹20/ Order | ₹20/Lot |
| Equity Delivery | ₹0.09% | 0.20% |
| Equity Options | ₹20/ Order | ₹20/Lot |
| Commodity Options | ₹20/ Order | ₹200/ Lot |
| Equity Futures | ₹20/ Order | 0.05% (both side) |
| Currency Options | ₹20/ Order | ₹20/ Lot |
| Fixed Charges | ₹20/ Order | ₹2000 (one-time fee) |
| Equity Intraday | ₹20/ Order | 0.02% |
| Call Back Open Account |
ICICI Direct Vs Motilal Oswal - Margin (Exposure)
| ICICI Direct | 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) |
| Call Back Open Account |
ICICI Direct Vs Motilal Oswal - Other Charges
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50/ Order | ₹25/Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹2000 (one-time fee) |
| Minimum Brokerage | ₹20/ Order | 0.02% |
ICICI Direct Vs Motilal Oswal - STT/CTT
| ICICI Direct | 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 | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 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 |
ICICI Direct Vs Motilal Oswal - Demat transaction charges
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹30 or 0.03% (whichever is higher) |
ICICI Direct Vs Motilal Oswal - GST
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
ICICI Direct Vs Motilal Oswal - SEBI Charges
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Motilal Oswal - Features
| ICICI Direct | Motilal Oswal | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 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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| Call Back Open Account |