Motilal Oswal Vs Choice Broking
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
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 Vs Choice Broking - Broker Details
Motilal Oswal | Choice Broking | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 1987 | 2010 |
Exchanges | BSE, NSE | NSE, BSE, MCX, NCDEX, and ICEX. |
Branches | 3463+ | 50+ |
Brokerage | 0.02% | 0.02% |
Broker Type | Full Service Broker | Full service Broker |
Motilal Oswal Vs Choice Broking - Account Opening & AMC Charges
Motilal Oswal | Choice Broking | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | Free (₹400 from 2nd year) | ₹200+GST ( 2nd Year onwards) |
Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Motilal Oswal Vs Choice Broking - Brokerage charges & Plans
Motilal Oswal | Choice Broking | |
---|---|---|
Commodity Futures | 0.05% on both side | 0.02% |
Currency Futures | ₹20/Lot | 0.02% |
Equity Delivery | 0.20% | 0.2% |
Equity Options | ₹20/Lot | ₹25/Lot |
Commodity Options | ₹200/ Lot | ₹50/Lot |
Equity Futures | 0.05% (both side) | 0.02% |
Currency Options | ₹20/ Lot | ₹20/Lot |
Fixed Charges | ₹2000 (one-time fee) | 0.02% |
Equity Intraday | 0.02% | 0.02% |
Motilal Oswal Vs Choice Broking - Other Charges
Motilal Oswal | Choice Broking | |
---|---|---|
RMS Square Off Charge | N/A | ₹0 (Free) |
API Charges | N/A | - |
Call & Trade Charges | ₹25/Order | ₹0 (Free) |
Other Brokerage Charges | ₹2000 (one-time fee) | ₹25/Lot |
Minimum Brokerage | 0.02% | 0.02% |
Motilal Oswal Vs Choice Broking - Transaction Charges
Motilal Oswal | Choice Broking | |
---|---|---|
Currency Options | ₹4200 | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
Equity Futures | ₹200 | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
Equity Intraday | NSE ₹325 | BSE ₹200 | NSE/BSE:- 0.00345% |
Equity Options | NSE ₹5110 | BSE ₹200 | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
Commodity | ₹250 | 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% |
Currency Futures | ₹125 | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
Equity Delivery | NSE ₹335 | BSE ₹1000 | NSE/BSE:- 0.00345% |
Motilal Oswal Vs Choice Broking - Margin (Exposure)
Motilal Oswal | Choice Broking | |
---|---|---|
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 Choice Broking - Features
Motilal Oswal | Choice Broking | |
---|---|---|
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 | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 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. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Motilal Oswal Vs Choice Broking - Review & Rating
Motilal Oswal | Choice Broking | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Motilal Oswal Vs Choice Broking - Request a call back from Broker
Motilal Oswal | Choice Broking | |
---|---|---|
Motilal Oswal Vs Choice Broking - Investment Options
Motilal Oswal | Choice Broking | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Motilal Oswal Vs Choice Broking - Order Type
Motilal Oswal | Choice Broking | |
---|---|---|
Bracket Order/BO/OCO | ||
BTST | ||
Cover Order/CO | ||
Good Till Cancelled (GTC) | ||
BUY ABOVE/SELL BELOW (SL-M) | ||
After Market Order(AMO) | ||
STBT | ||
Motilal Oswal Vs Choice Broking - Research & Report
Motilal Oswal | Choice Broking | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Motilal Oswal Vs Choice Broking - Daily Market Report
Motilal Oswal | Choice Broking | |
---|---|---|
Daily Market Reports & News | ||
Motilal Oswal Vs Choice Broking - Suitable For Investor
Motilal Oswal | Choice Broking | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Motilal Oswal Vs Choice Broking - Pros & Cons
Motilal Oswal | Choice Broking | |
---|---|---|
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 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. |
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 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. |
Motilal Oswal Vs Choice Broking - Background
Motilal Oswal | Choice Broking | |
---|---|---|
Motilal Oswal Vs Choice Broking - Compare All Brokers
Motilal Oswal | Choice Broking | |
---|---|---|
Motilal Oswal Vs Choice Broking - STT/CTT
Motilal Oswal | Choice Broking | |
---|---|---|
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 |
Motilal Oswal Vs Choice Broking - Demat transaction charges
Motilal Oswal | Choice Broking | |
---|---|---|
Equity Demat Transaction Charges | ₹30 or 0.03% (whichever is higher) | ₹10 + GST per scrip only on sell |
Motilal Oswal Vs Choice Broking - GST
Motilal Oswal | Choice Broking | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Motilal Oswal Vs Choice Broking - SEBI Charges
Motilal Oswal | Choice Broking | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Motilal Oswal Vs Choice Broking - Account Opening & AMC Charges
Motilal Oswal Vs Choice Broking
Motilal Oswal | Choice Broking | |
---|---|---|
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 "+ Choice Broking |
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 by .. |
|
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 Vs Choice Broking - Brokerage charges & Plans
Motilal Oswal | Choice Broking | |
---|---|---|
Commodity Futures | 0.05% on both side | 0.02% |
Currency Futures | ₹20/Lot | 0.02% |
Equity Delivery | 0.20% | 0.2% |
Equity Options | ₹20/Lot | ₹25/Lot |
Commodity Options | ₹200/ Lot | ₹50/Lot |
Equity Futures | 0.05% (both side) | 0.02% |
Currency Options | ₹20/ Lot | ₹20/Lot |
Fixed Charges | ₹2000 (one-time fee) | 0.02% |
Equity Intraday | 0.02% | 0.02% |
Motilal Oswal Vs Choice Broking - Margin (Exposure)
Motilal Oswal | Choice Broking | |
---|---|---|
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 Choice Broking - Other Charges
Motilal Oswal | Choice Broking | |
---|---|---|
RMS Square Off Charge | N/A | ₹0 (Free) |
API Charges | N/A | - |
Call & Trade Charges | ₹25/Order | ₹0 (Free) |
Other Brokerage Charges | ₹2000 (one-time fee) | ₹25/Lot |
Minimum Brokerage | 0.02% | 0.02% |
Motilal Oswal Vs Choice Broking - STT/CTT
Motilal Oswal | Choice Broking | |
---|---|---|
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 |
Motilal Oswal Vs Choice Broking - Demat transaction charges
Motilal Oswal | Choice Broking | |
---|---|---|
Equity Demat Transaction Charges | ₹30 or 0.03% (whichever is higher) | ₹10 + GST per scrip only on sell |
Motilal Oswal Vs Choice Broking - GST
Motilal Oswal | Choice Broking | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Motilal Oswal Vs Choice Broking - SEBI Charges
Motilal Oswal | Choice Broking | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Motilal Oswal Vs Choice Broking - Features
Motilal Oswal | Choice Broking | |
---|---|---|
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 | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 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. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||