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.
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 |
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 |
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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 |
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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 |
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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 |
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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 |
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Stock / Equity | ||
Commodity | ||
Currency | ||
Initial Public Offers (IPO) | ||
Mutual Funds | ||
Customer Service Channels |
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24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Support Through Branches | ||
Relationship Managers | ||
Research Reports/Tips/Recommendations |
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Daily Market Report | ||
Tips/Recommendations | ||
Quarterly Result Analysis | ||
News Alerts | ||
Robo Advisory | ||
Promotional Offers |
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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 |
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Point By Point Comparison of Motilal Oswal with other Brokers:
Motilal Oswal in comparison with other Stock Brokers |
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This article compared the selected brokers. Click here to compare any two stock brokers in India side by side.