Motilal Oswal Vs IIFL Securities
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.
IIFL Securities
IIFL securities is a full service Broker. IIFL Securities 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.
Motilal Oswal Vs IIFL Securities - Broker Details
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1987 | 1995 |
| Exchanges | BSE, NSE | NSE, BSE, MCX and NCDEX |
| Branches | 3463+ | 2000+ |
| Brokerage | 0.02% | ₹20/ Order |
| Broker Type | Full Service Broker | Full Service Broker |
Motilal Oswal Vs IIFL Securities - Account Opening & AMC Charges
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Free (₹400 from 2nd year) | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Motilal Oswal Vs IIFL Securities - Brokerage charges & Plans
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.05% on both side | ₹20/ Order |
| Currency Futures | ₹20/Lot | ₹20/ Order |
| Equity Delivery | 0.20% | ₹20/ Order |
| Equity Options | ₹20/Lot | ₹20/ Order |
| Commodity Options | ₹200/ Lot | ₹20/ Order |
| Equity Futures | 0.05% (both side) | ₹20/ Order |
| Currency Options | ₹20/ Lot | ₹20/ Order |
| Fixed Charges | ₹2000 (one-time fee) | ₹20/ Order |
| Equity Intraday | 0.02% | ₹20/ Order |
Motilal Oswal Vs IIFL Securities - Other Charges
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹25/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹2000 (one-time fee) | ₹20/ Order |
| Minimum Brokerage | 0.02% | ₹20/ Order |
Motilal Oswal Vs IIFL Securities - Transaction Charges
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| Currency Options | ₹4200 | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | ₹200 | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE ₹325 | BSE ₹200 | 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% |
| Equity Options | NSE ₹5110 | BSE ₹200 | NSE: 0.053% on Premium value |
| Commodity | ₹250 | 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 |
| Currency Futures | ₹125 | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE ₹335 | BSE ₹1000 | 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% |
Motilal Oswal Vs IIFL Securities - Margin (Exposure)
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| 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) |
Motilal Oswal Vs IIFL Securities - Features
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| 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:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 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. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Motilal Oswal Vs IIFL Securities - Review & Rating
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Motilal Oswal Vs IIFL Securities - Request a call back from Broker
| Motilal Oswal | IIFL Securities | |
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Motilal Oswal Vs IIFL Securities - Investment Options
| Motilal Oswal | IIFL Securities | |
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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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Motilal Oswal Vs IIFL Securities - Order Type
| Motilal Oswal | IIFL Securities | |
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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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Motilal Oswal Vs IIFL Securities - Research & Report
| Motilal Oswal | IIFL Securities | |
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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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Motilal Oswal Vs IIFL Securities - Daily Market Report
| Motilal Oswal | IIFL Securities | |
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| Daily Market Reports & News |
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Motilal Oswal Vs IIFL Securities - Suitable For Investor
| Motilal Oswal | IIFL Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Motilal Oswal Vs IIFL Securities - Pros & Cons
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| 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 is a full-service broker that has an extended network of branches to guide and help the customers online as well as offline. 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. It provides the best trading terminal to its customers. 4. It has a vast range of financial products that includes stocks, derivatives, bonds, IPO, Mutual Funds, Corporate FDs and Insurance. 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Equity Systematic Investment Plan I.e. Equity SIP. 7. It provides advanced order type like Valid till Date (VTD). |
| 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. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account since IIFL does not have banking license. 3. It does not provide the facility of Mutual funds. |
Motilal Oswal Vs IIFL Securities - Background
| Motilal Oswal | IIFL Securities | |
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Motilal Oswal Vs IIFL Securities - Compare All Brokers
| Motilal Oswal | IIFL Securities | |
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Motilal Oswal Vs IIFL Securities - STT/CTT
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| 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 Sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Motilal Oswal Vs IIFL Securities - Demat transaction charges
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 or 0.03% (whichever is higher) | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Motilal Oswal Vs IIFL Securities - GST
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Motilal Oswal Vs IIFL Securities - SEBI Charges
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Motilal Oswal Vs IIFL Securities - Account Opening & AMC Charges
Motilal Oswal
IIFL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Free (₹400 from 2nd year)
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
₹0 (Free)
₹0 (Free)
Motilal Oswal Vs IIFL Securities
| Motilal Oswal | IIFL Securities | |
|---|---|---|
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 .. + " Vs "+ IIFL Securities |
IIFL Securities Review | Features and Brokerage PlansIIFL Securities is a part of IIFL Group. IIFL group was incorporated in the year 1995 while IIFL Securities was incorporated in the year 1996. It is among the largest independent full-service stock broker house that serves various retail and institutional clients. The IIFL group is the leading financial s .. |
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IIFL Securities
IIFL securities is a full service Broker. IIFL Securities 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.
Motilal Oswal Vs IIFL Securities - Brokerage charges & Plans
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.05% on both side | ₹20/ Order |
| Currency Futures | ₹20/Lot | ₹20/ Order |
| Equity Delivery | 0.20% | ₹20/ Order |
| Equity Options | ₹20/Lot | ₹20/ Order |
| Commodity Options | ₹200/ Lot | ₹20/ Order |
| Equity Futures | 0.05% (both side) | ₹20/ Order |
| Currency Options | ₹20/ Lot | ₹20/ Order |
| Fixed Charges | ₹2000 (one-time fee) | ₹20/ Order |
| Equity Intraday | 0.02% | ₹20/ Order |
| Call Back Open Account |
Motilal Oswal Vs IIFL Securities - Margin (Exposure)
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| 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) |
Motilal Oswal Vs IIFL Securities - Other Charges
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹25/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹2000 (one-time fee) | ₹20/ Order |
| Minimum Brokerage | 0.02% | ₹20/ Order |
Motilal Oswal Vs IIFL Securities - STT/CTT
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| 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 Sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Motilal Oswal Vs IIFL Securities - Demat transaction charges
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 or 0.03% (whichever is higher) | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Motilal Oswal Vs IIFL Securities - GST
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Motilal Oswal Vs IIFL Securities - SEBI Charges
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Motilal Oswal Vs IIFL Securities - Features
| Motilal Oswal | IIFL Securities | |
|---|---|---|
| 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 |
|
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| Intraday Square-off Time | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 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. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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