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 | ||
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 |
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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 |
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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 |
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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 |
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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 |
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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 | ODIN Diet, NSE NOW, Mobile Trader |
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 Trading Bells with other Brokers:
Trading Bells comparison with other Stock Brokers |
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Visit comparison of stock brokers in India page to compare two brokers side by side.