Motilal Oswal
Motilal Oswal
Discount Broker

About Broker

Motilal Oswal Financial Services Limited is an Indian financial services firm that provides a diverse range of financial products and services, including equity investments, F&O, currency trading, Mutual Funds, Advisory services, and more. As of March 2024, Motilal Oswal has an active client base of 879,629.

Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures, and Options) through this broker.

EquityCommodityCurrencyFuturesOptions

Brokerage Plan

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.

Charges

Account Opening

Free

Account Maintenance

₹199

Call Trade

Free

Brokerage

Equity Delivery

0.20% on order value

Equity Intraday

0.02% on order value

Equity Futures

0.02% on order value

Equity Options

₹20 per order

Currency Futures

₹20 per order

Currency Options

₹20 per order

Commodity Futures

0.025% on order value

Commodity Options

₹200 per order

Margins

Equity Delivery

4x As per exchange

Equity Intraday

4x As per exchange

Equity Futures

4x As per exchange

Equity Options

4x As per exchange

Currency Futures

4x As per exchange

Currency Options

4x As per exchange

Commodity Futures

4x As per exchange

Commodity Options

4x As per exchange

Platforms Offered

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.

Trade Guide SignalMO Investor AppMO Trader App

Other Details

Pros

Advantages and Strengths of this broker.

  • Get free detailed analysis and stock recommendations to help make well-informed investment decisions.
  • Take advantage of dependable customer support through emails and calls to resolve queries promptly.
  • Access comprehensive research reports, market analyses, and sector insights for smarter investing.
  • Use the strategy builder tool to facilitate intelligent trading and execute multi-leg option strategies.
  • Experience a unified platform for investing in various asset classes, including equity, derivatives, mutual funds, and more.

Cons

Disadvantages of this broker that it needs to improve upon.

  • Flat brokerage or discount brokerage plans are not offered.
  • Mutual funds are available only under regular plans.
  • The offline account opening procedure is lengthy and inconvenient.
  • The platform charges relatively higher fees for brokerage and depository participant services.

Additional Features

Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.

3-in-1 AccountFree Trading CallsFree ResearchSMS AlertsMargin FundingMargin Against Share

Additional Features

Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.

Mutual FundsIPO PlatformBonds DebtExchange Traded FundsInsurance