Zerodha vs Motilal Oswal – Compare Charges, Trading Features, Offers & more

Find a Comparison of Zerodha vs Motilal Oswal here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Zerodha and Motilal Oswal.

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Zerodha vs Motilal Oswal – Company Overview

Company Overview Zerodha Motilal Oswal
Company Type Private Public
Headquarters Bangalore Mumbai
Founder Nithin Kamath Motilal Oswal, Raamdeo Agrawal
Establishment Year 2010 1987

Compare the Brokerage of Zerodha and Motilal Oswal

Brokerage Zerodha Motilal Oswal
Brokerage Plan Standard Plan Standard Plan
Subscription Charges Zero Zero
Equity Delivery Free 0.20% of Transaction Value
Equity Intraday Rs.20 per Trade or 0.03% (whichever is low) 0.02% of Transaction Value
Equity Future Rs.20 per Trade or 0.03% (whichever is low) 0.02% of Transaction Value
Equity Option Rs.20 per Trade Rs.20 per Lot
Commodity Future Rs.20 per Trade or 0.03% (whichever is Low) 0.02% of Transaction Value
Commodity Option Rs.20 per Trade Rs.20 per Lot
Currency Future Rs.20 per Trade or 0.03% (whichever is Low) 0.02% of Transaction Value
Currency Option Rs.20 per Trade Rs.20 per Lot

Zerodha vs Motilal Oswal – Trading Platforms

Trading Platforms Zerodha Motilal Oswal
Android App Zerodha Android App Link Motilal Oswal Android App Link
iOS App Zerodha iOS App Link Motilal Oswal iOS App Link
Web Trading Platform Zerodha Web Trading Link Motilal Oswal Web Trading Link
Trading Terminal NA Available
Algo Trading Platform Available Available
Foreign Stocks Trading Platform NA Available
Basket Trading Platform Available Available
Mutual Fund Investment Platform Available Available
Digital Gold Investment Platform NA Available
Bonds Investment Platform Available Available

Comparison of Zerodha and Motilal Oswal – Trading Features

Trading Features Zerodha Motilal Oswal
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes Yes
Research Reports No Yes
Global indices No Yes
Customised Recommendations No Yes
Stock tips No Yes
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management No Yes
Robust & Secure Platform Yes Yes

Compare Zerodha vs Motilal Oswal Offers

Offers Zerodha Motilal Oswal
Free Account Opening No Yes
Free AMC No 1st Year Free
Free Brokerage Yes, Limited No
Flat Brokerage Yes No
Flexible Brokerage Plans No Yes
Happy Trading Hours No No
Free Delivery Trading Yes No
Free Intraday Trading No No
Free F&O Trading No No
Free Research Reports No Yes
Free Trading calls No Yes
Referral Offers 10% + 300 Points per Client Upto Rs.500 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No Yes
Zero Brokerage for Loss Making Trades No No

Zerodha vs Motilal Oswal – Products Provided

Products Provided Zerodha Motilal Oswal
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option Yes Yes
Commodity Future Yes Yes
Currency Option Yes Yes
Currency Future Yes Yes
Foreign Stocks No Yes
Mutual Funds Yes Yes
Banking No No
Insurance No No
Corporate Bonds Yes Yes
Govt. Bonds Yes Yes
Digital Gold No Yes

Zerodha vs Motilal Oswal – Services Provided

Services Provided Zerodha Motilal Oswal
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes Yes
3 in 1 Account No No
Stock Research No Yes
Stock Recommendations No Yes
Trading Institution Yes, Zerodha Varsity No
Share Pledging Yes Yes
PMS or PCG No Yes
NRI Services No Yes

Compare Zerodha and Motilal Oswal Advisory

Advisory Zerodha Motilal Oswal
Fundamental Reports Yes Yes
Research Reports No Yes
Company Reports No Yes
Annual Reports No Yes
IPO Reports Yes Yes
Technical Reports Yes Yes
Stock Tips No Yes
Daily Top Stock Picks No Yes
Daily Market Review No Yes
Monthly Review No Yes
Weekly Review Yes Yes
Relationship Manager No Yes
Robo Advisory Yes No

Comparison of Zerodha and Motilal Oswal Exposure

Exposure Zerodha Motilal Oswal
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1x
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Compare Programs of Zerodha & Motilal Oswal

Programs Zerodha Motilal Oswal
Sub Broker Program Yes, Limited Yes
Partner Program Yes Yes
Referral Program Yes Yes

Zerodha vs Motilal Oswal – Ratings by Finec

Ratings Zerodha Motilal Oswal
Overall Rating 9.85 / 10 9.17 / 10
Customer Support 9.81 / 10 9.13 / 10
Technology 9.97 / 10 9.28 / 10
Charges 9.89 / 10 9.21 / 10
Products & Service 9.79 / 10 9.12 / 10
Experience 9.77 / 10 9.10 / 10

Compare Customer Support of Zerodha and Motilal Oswal

Customer Support Zerodha Motilal Oswal
Trading Support Available, Chargeable Available, Free
Dedicated Dealer Available, Chargeable Available, Free
Call Support 080-47181888, 9513369973 022-40548000, 022-67490600
Email Support renu.pd@zerodha.com query@motilaloswal.com
Whatsapp Support NA 8657075050
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support Telegram Support Link Telegram Support Link
Branches / Offices NA Available

Comparison of Zerodha & Motilal Oswal Complaints

Complaints Zerodha Motilal Oswal
Total Complaints Lodged 339 348
Total Complaints Resolved 307 298
% of Resolved Complaints 90.56% 85.63%
Non Actionable Complaints 20 6
% of Non Actionable Complaints 5.90% 1.72%

Compare Demat Charges of Zerodha vs Motilal Oswal

Demat Charges Zerodha Motilal Oswal
Account Opening Charges Rs.200 – Rs.300 Free
Annual Maintenance Charges (AMC) Rs.300 per Year Rs.300 per Year (1st Year Free)

Zerodha vs Motilal Oswal – Compare STT & CTT

STT & CTT Zerodha Motilal Oswal
Equity Delivery 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday 0.025% on sell 0.025% on sell
Equity Future 0.0125% on sell 0.0125% on sell
Equity Option 0.125% on buy, 0.0625% on sell 0.0625% on sell (on premium)
Commodity Future 0.01% on sell 0.01% on sell (Non-Agri)
Commodity Option 0.05% on sell 0.05% on sell
Currency Future Nil Nil
Currency Option Nil Nil

Compare Stamp Duty of Zerodha and Motilal Oswal

Stamp Duty Zerodha Motilal Oswal
Equity Delivery 0.015% on buy 0.015% on buy
Equity Intraday 0.003% on buy 0.003% on buy
Equity Future 0.002% on buy 0.002% on buy
Equity Option 0.003% on buy 0.003% on buy
Commodity Future 0.002% on buy 0.002% on buy
Commodity Option 0.003% on buy 0.003% on buy
Currency Future 0.0001% on buy 0.0001% on buy
Currency Option 0.0001% on buy 0.0001% on buy

Zerodha vs Motilal Oswal – Transaction Charges

Transaction Charges Zerodha Motilal Oswal
Equity Delivery 0.00325% (NSE) & 0.00375% (BSE) 0.00340% (NSE) & As per Stock (BSE)
Equity Intraday 0.00325% (NSE) & 0.00375% (BSE) 0.00340% (NSE) & As per Stock (BSE)
Equity Future 0.0019% (NSE & BSE) 0.002% (NSE & BSE)
Equity Option 0.05% (on premium) 0.053% (on premium)
Commodity Future 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)
Commodity Option 0.05% (Non Agri) 0.05% (Non Agri)
Currency Future 0.0009% (NSE) & 0.00025% (BSE) 0.0009% (NSE) & 0.00022% (BSE)
Currency Option 0.035% (NSE) & 0.001% (BSE) 0.035% (NSE) & 0.001% (BSE)

Compare Pledge Charges of Zerodha & Motilal Oswal

Pledge Charges Zerodha Motilal Oswal
Pledge Creation Charges Rs.30 per Request Rs.35 per Request or 0.02% of Value (whichever is higher)
Pledge Invocation Charges Nil Rs.35 per Request or 0.02% of Value (whichever is higher)
Interest on Margin Trading 0.05% per day 0.05% per day

Comparison of Zerodha and Motilal Oswal – Hidden Charge

Hidden Charge Zerodha Motilal Oswal
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.13.5 per Scrip on Sell Rs.25 per Scrip only on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Rs.25 Rs.100
Reactivation Charges Rs.20 Rs.50
Dematerialisation Charges Rs.30 per Certificate Rs.50 per Certificate
Call & Trade Charges Rs.50 per Trade Free
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