IIFL Vs Motilal Oswal : Side By Side Comparison

In this page, I am providing side by side comparison of IIFL Vs Motila Oswal.

Both Indiabulls and Motilal Oswal (MOSL) are full service broker hence provide many more services but the brokerage is also high. Both brokers offer recommendations tips to their clients.

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

iifl-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 IIFL Vs Motilal Oswal:

Parameters

IIFL

Motilal Oswal

IIFL Logo
motilal-oswal-Logo
Review
Type of Broker
Full Service Broker
Full Service Broker
Incorporation Year
1995
1987
Supported Exchanges
NSE, BSE, MCX-SX , MCX and NCD-EX
NSE, BSE, NCD-EX and MSEI

Account Related Charges

Trading Account Opening Fees
Rs 750
Rs 1000
Trading Account AMC
Rs 0
Rs 0
Demat Account Opening Fees
Rs 555
Rs 0
Demat Account AMC
Rs 300
Rs 441

Brokerage Charges

Equity Delivery Brokerage
0.5%
0.5%
Equity Intraday Brokerage
0.05%
0.05%
Equity Futures Brokerage
0.05%
0.05%
Equity Options Brokerage
Rs 100/lot or 1% of premium which ever is higher
Rs 75/lot
Currency Futures Trading Brokerage
0.05%
0.03%
Currency Options Trading Brokerage
Rs 100/lot or 1% of premium which ever is higher
Rs 20/lot
Commodity Trading Brokerage
0.03%
0.03%
Minimum Brokerage Charges
5 paisa per share
Rs 30 for Delivery and Ra 15 for Intraday
Monthly Unlimited Plans
Brokerage Calculator
IIFL Brokerage Calculator
Motilal Oswal Brokerage Calculator

Transaction Charges

Equity Delivery
0.0035%
0.00325%
Equity Intraday
0.0035%
0.00325%
Equity Futures
0.0021%
0.002%
Equity Options
0.051% (On Premium)
0.0511% (On Premium)
Currency Futures
0.0021%
0.00125%
Currency Options
0.051% (On Premium)
0.042% (On Premium)
Commodity
0.028%
0.0025%

Exposure

Equity
Upto 20 times Intraday and 3 times for Delivery
Upto 20 times Intraday
Equity Futures
3 times for Intraday
Upto 20 times Intraday
Equity Options
Buying No leverage and Shorting upto 3 times
Upto 4 times
Currency Futures
2 times for Intraday
Upto 20 times Intraday
Currency Options
Buying No leverage and Shorting upto 2 times
Upto 4 times
Commodities
Upto 2 times intraday
Upto 4 times

Features

3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform
Trader Terminal (TT), Market App, Trader web
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

  • Zero Account Opening Charges
  • Zero AMC for First Year
  • 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 Motilal Oswal with other Brokers:

Motilal Oswal in comparison with other Stock Brokers

Point By Point Comparison of IIFL with other Brokers:

IIFL in comparison with other Stock Brokers

Visit comparison of stock brokers in India page to compare two brokers side by side.