In this page, I am providing side by side comparison of Motilal Oswal Vs TradePlusOnline .
Motilal Oswal is full service broker and provides many services to its clients. Both of these brokers offer research and recommendation to their customers.
Whereas TradePlus falls in Discount Broker category. Hence they offer limited services but charges flat brokerage charges. They also offer recommendations unlike other discount brokers..
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 Motilal Oswal Vs TradePlusOnline:
Parameters | Motilal Oswal | TradePlusOnline |
Review | ||
Type of Broker |
Full Service Broker |
Discount Broker |
Incorporation Year | 1987 | 1995 |
Supported Exchanges | NSE, BSE, NCD-EX and MSEI | NSE, BSE and MCX |
Account Related Charges |
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Trading Account Opening Fees | Rs 1000 | Rs 199 |
Trading Account AMC | Rs 0 | Rs 499 (For 5 Years) |
Demat Account Opening Fees | Rs 0 | Rs 0 |
Demat Account AMC | Rs 441 | Rs 0 |
Brokerage Charges |
||
Equity Delivery Brokerage | 0.5% | 0.1% |
Equity Intraday Brokerage | 0.05% | 0.01% |
Equity Futures Brokerage | 0.05% | Rs 799/month for unlimited trading |
Equity Options Brokerage | Rs 75/lot | Rs 99/month for unlimited trading |
Currency Futures Trading Brokerage | 0.03% | Rs 99/month for unlimited trading |
Currency Options Trading Brokerage | Rs 20/lot | Rs 99/month for unlimited trading |
Commodity Trading Brokerage | 0.03% | Rs 99/month for unlimited trading |
Minimum Brokerage Charges | Rs 30 for Delivery and Ra 15 for Intraday | NIL |
Monthly Unlimited Plans | ||
Brokerage Calculator | Motilal Oswal Brokerage Calculator | Tradeplus online Brokerage Calculator |
Transaction Charges |
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Equity Delivery | 0.00325% | 0.00330% |
Equity Intraday | 0.00325% | 0.00330% |
Equity Futures | 0.002% | 0.00350% |
Equity Options | 0.0511% (On Premium) | 0.075% (On Premium) |
Currency Futures | 0.00125% | 0.00165% |
Currency Options | 0.042% (On Premium) | 0.060% (On Premium) |
Commodity | 0.0025% | 0.004% |
Exposure |
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Equity | Upto 20 times Intraday | Upto 4 times for Delivery |
Equity Futures | Upto 20 times Intraday | upto 5 times |
Equity Options | Upto 4 times | upto 2 times |
Currency Futures | Upto 20 times Intraday | upto 2 times |
Currency Options | Upto 4 times | No Leverage |
Commodities | Upto 4 times | Upto 2 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 | Motilal Oswal App, Desktop, Tablet, Smart Watch App and Web Platforms | NEST on Web, Infini Trader, Tradeplus Mobile |
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 Motilal Oswal with other Brokers:
Motilal Oswal in comparison with other Stock Brokers |
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Point By Point Comparison of TradePlusOnline with other Brokers:
TradePlusOnline in comparison with other Stock Brokers |
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Visit comparison of stock brokers in India page to compare two brokers side by side.