Motilal Oswal Vs Trading Bells : Side By Side Comparison

In this page, I am providing side by side comparison of Motilal Oswal Vs Trading Bells .

Motilal Oswal is full service broker hence provide many more services but the brokerage is also high. On the other hand Trading Bells belongs to discount broker category and hence charge fixed price per trade. Indiabulls offer recommendations but Trading Bells doesn’t offer any tips to their clients.

There are lot of differences between these two brokers.

Trading Bells is based out of Indore and promoted by it parent company Swastika Investment Limited.

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 Trading Bells :

Parameters	Motilal Oswal	Trading Bells
Review	Motilal Oswal Review	Trading Bells Review
Type of Broker	Full Service Broker	Discount Broker
Incorporation Year	1987	2014
Supported Exchanges	NSE, BSE, NCD-EX and MSEI	NSE, BSE, MCX-SX , MCX and NCD-EX
Account Related Charges
Trading Account Opening Fees	Rs 1000	Rs 0
Trading Account AMC	Rs 0	Rs 0
Demat Account Opening Fees	Rs 0	Rs 0
Demat Account AMC	Rs 441	Rs 0
Brokerage Charges
Equity Delivery Brokerage	0.5%	0.01% or Rs 20 per executed order, whichever is lower.
Equity Intraday Brokerage	0.05%	0.01% or Rs 20 per executed order, whichever is lower.
Equity Futures Brokerage	0.05%	0.01% or Rs 20 per executed order, whichever is lower.
Equity Options Brokerage	Rs 75/lot	Flat Rs 20 per executed order
Currency Futures Trading Brokerage	0.03%	0.01% or Rs 20 per executed order, whichever is lower.
Currency Options Trading Brokerage	Rs 20/lot	Flat Rs 20 per executed order
Commodity Trading Brokerage	0.03%	0.01% or Rs 20 per executed order, whichever is lower.
Minimum Brokerage Charges	Rs 30 for Delivery and Ra 15 for Intraday	NIL
Monthly Unlimited Plans
Brokerage Calculator	Motilal Oswal Brokerage Calculator	Trading Bells Brokerage Calculator
Transaction Charges
Equity Delivery	0.00325%	0.00325%
Equity Intraday	0.00325%	0.00325%
Equity Futures	0.002%	0.0029%
Equity Options	0.0511% (On Premium)	0.06% (On Premium)
Currency Futures	0.00125%	0.00135%
Currency Options	0.042% (On Premium)	0.044%
Commodity	0.0025%	0.0031%
Exposure
Equity	Upto 20 times Intraday	Upto 20 times Intraday and 3 times for Delivery
Equity Futures	Upto 20 times Intraday	4 times for Intraday
Equity Options	Upto 4 times	No leverage for buying, upto 4 times for short selling
Currency Futures	Upto 20 times Intraday	Upto 4 times intraday
Currency Options	Upto 4 times	Upto 4 times intraday
Commodities	Upto 4 times	Upto 4 times intraday
Features
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	ODIN Diet, NSE NOW, Mobile Trader
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 Charges for first year	Zero Account Opening Charges

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:

Point By Point Comparison of Trading Bells with other Brokers:

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