STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Quick Comparision (Motilal Oswal VS Choice Broking)

 
 

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
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

Motilal Oswal Choice Broking
 

Motilal Oswal Review | Brokerage Charges, Account Opening

Motilal 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 Opening


Choice 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

Motilal Oswal

Choice Broking