5paisa vs Motilal Oswal Comparison: 2024
About 5paisa
A successful discount broker in India, 5 paisa provides different trading and investing services across various segments. Its parent company is IIFL that has built a great name in the retail broking industry.
5Paisa: Overview
5paisa Capital Ltd. is a new age company that believes in making the entire process of getting started with trading as simple as possible, offering account opening in three simple steps. One of the leading stockbrokers in India, 5paisa Capital Ltd is publicly-traded, and managed by IIFL founders. This provides the company with valuable experience in the financial markets coupled with its expertise in simplifying the trading experience has enabled it to offer best-in-class services at an extremely low cost.
Based out of Mumbai, 5paisa.com commenced operations in March 2016 and since then has become 2nd largest discount stock broker in India (As on Dec 2018). It is listed on both BSE as well as NSE.
The
About Motilal Oswal
A Mumbai based entity, Motilal Oswal is one of the oldest brokerage firms providing various financial services. It has been operating for more than 30 years in this field, established in 1987. Motilal Oswal is a full service broker offering services ranging from trading to portfolio management. It has one of the largest client base in India, harbouring clients from all ends from retail investors to high-net-worth individuals, including but not limited to foreign institutional investors, mutual funds and financial institutions.
Motilal Oswal: Overview
A subsidiary of Motilal Oswal Financial Service Limited, Motilal Oswal Securities Limited is a brokerage firm provides a wide range of trading options, including trading in equity, debt, derivatives and currencies across various stock exchanges like BSE, NSE, NCDEX, MCX. The firm also provides research based reports, in fact it invests about 10% of its revenue in such research practices, and it has published more than 30000
5paisa vs Motilal Oswal Account Opening Charges: 2024
| Charge | 5paisa | Motilal Oswal |
|---|---|---|
| Demat Account Opening Charges | ₹0 (Free) | ₹0 |
| Trading Acc Opening Charges | ₹650 | ₹1000 (One-time) |
| Trading Account AMC | ₹0 (Free) | ₹0 |
| Demat Account AMC | ₹540 yearly (charged as ₹45 per traded month) | ₹299 |
5paisa vs Motilal Oswal Brokerage Charges and Plans : 2024
| Charge | 5paisa | Motilal Oswal |
|---|---|---|
| Plan Name | Optimum Plan | Default Plan |
| Equity Delivery | ₹20 per trade | 0.50% |
| Equity Intraday | ₹20 per trade | 0.05% (both side) |
| Equity Futures | ₹20 per trade | 0.05% (both side) |
| Equity Options | ₹20 per trade | ₹100 per lot (both side) |
| Currency Futures | ₹20 per trade | ₹20 per lot (both side) |
| Currency Options | ₹20 per trade | ₹20 per lot (both side) |
| Commodity Options | ₹20 per trade | 0.05% (both side) |
| Mutual Fund | N/A | N/A |
5paisa vs Motilal Oswal Margin / Exposure: 2024
| Segment | 5paisa | Motilal Oswal |
|---|---|---|
| Equity Delivery | Upto 4x | 4x |
| Equity Intraday | Upto 20x | 20x for Margin+ (Over 140 Stocks), Other stocks: 4x |
| Equity Future | Intra-day: 3.5x | Carry forward: 1x (no margin) | Upto 3x |
| Equity Options | Intra-day: 1x | Carry forward: 1x | Nil |
| Currency Future | Intra-day: 1 time | Carry forward: 1x | N/A |
| Currency Options | Intra-day: 1x | Carry forward: 1x | Nil |
| Commodity Future | N/A | Upto 3x |
| Commodity Options | N/A | N/A |