HDFC Securities Vs Motilal Oswal : Side By Side Comparison

In this page, I am providing side by side comparison of HDFC Securities Vs Motilal Oswal.

HDFC Securities is a brokerage arm of HDFC Bank and hence provide 3-in-1 demat account. It enables seamless transfer of funds within the accounts. Brokerage of this broker is on higher side.

Whereas Motilal Oswal is full service broker and provides many services to its clients. Both of these brokers offer research and recommendation to their customers.

But still there are lot of differences between these two brokers.

hdfc-securities-vs-motilal-oswal-1

 

I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.

However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.

Here is the comparison of HDFC Securities Vs Motilal Oswal:

Parameters

HDFC Securities

Motilal Oswal

hdfc-securities-logo
motilal-oswal-Logo
Review
Type of Broker
Full Service Broker
Full Service Broker
Incorporation Year
2000
1987
Supported Exchanges
NSE & BSE
NSE, BSE, NCD-EX and MSEI

Account Related Charges

Trading Account Opening Fees
Rs 990
Rs 1000
Trading Account AMC
Rs 0
Rs 0
Demat Account Opening Fees
Rs 0
Rs 0
Demat Account AMC
Rs 750
Rs 441

Brokerage Charges

Equity Delivery Brokerage
0.5%
0.5%
Equity Intraday Brokerage
0.1%
0.05%
Equity Futures Brokerage
0.05%
0.05%
Equity Options Brokerage
Rs 100/lot
Rs 75/lot
Currency Futures Trading Brokerage
Rs 23 per contract
0.03%
Currency Options Trading Brokerage
Rs 20 per contract
Rs 20/lot
Commodity Trading Brokerage
NA
0.03%
Minimum Brokerage Charges
Rs 25 per trade
Rs 30 for Delivery and Ra 15 for Intraday
Monthly Unlimited Plans
Brokerage Calculator
HDFC Securities Calculator
Motilal Oswal Brokerage Calculator

Transaction Charges

Equity Delivery
0.0031%
0.00325%
Equity Intraday
0.0031%
0.00325%
Equity Futures
0.00180%
0.002%
Equity Options
0.050% (On Premium)
0.0511% (On Premium)
Currency Futures
0.00120%
0.00125%
Currency Options
0.050% (On Premium)
0.042% (On Premium)
Commodity
NA
0.0025%

Exposure

Equity
Upto 20 times Intraday and 2 times Delivery
Upto 20 times Intraday
Equity Futures
No Leverage for Intraday
Upto 20 times Intraday
Equity Options
No Leverage for Intraday
Upto 4 times
Currency Futures
No Leverage for Intraday
Upto 20 times Intraday
Currency Options
No Leverage for Intraday
Upto 4 times
Commodities
NA
Upto 4 times

Features

3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform
HDFC Securities BLINK
Motilal Oswal App, Desktop, Tablet, Smart Watch App and Web Platforms

Investment Services

Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds

Customer Service Channels

24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Relationship Managers

Research Reports/Tips/Recommendations

Daily Market Report
Tips/Recommendations
Quarterly Result Analysis
News Alerts
Robo Advisory

Promotional Offers

  • NIL
  • Zero Account Opening Charges
  • Zero AMC Charges for first year
open-account
open-account

And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.

Point By Point Comparison of HDFC Securities with other Brokers:

HDFC Securities in comparison with other Stock Brokers

Point By Point Comparison of Motilal Oswal with other Brokers:

Motilal Oswal in comparison with other Stock Brokers

This article compared the selected brokers. Click here to compare any two stock brokers in India side by side.

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