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.
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
A Bangalore based discount broker, Alice Blue is working hard to get ahead in the list of discount brokers in India. Of course, it isn't that easy to maintain a stronghold amid other key players in the stock broker world. However, it's brokerage free equity delivery model is catching the attention of potential traders.
Alice Blue is an online stockbroker and one of the oldest stockbrokers in the Indian capital market. This modern, technology-driven firm was incorporated in 2006 with the vision to provide advanced broking services to its clients and stakeholders. The USP of Alice Blue is the cost-free broking solutions they provide. With zero trading charges and dedicated customer support services, Alice Blue Stock Broking firm stands out in the Stock market as exemplary.
Founded by Sidhavelayutham M. in Bangalore who is now CEO of the company introduced the concept of professional marketing of broking services
Charge | Motilal Oswal | Alice Blue |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹1000 (One-time) | Equity ₹310, MCX ₹200 & ₹500 All segments |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹299 | ₹400 |
Charge | Motilal Oswal | Alice Blue |
---|---|---|
Plan Name | Default Plan | Freedom 15 Plan |
Equity Delivery | 0.50% | ₹0 |
Equity Intraday | 0.05% (both side) | ₹15 per order or 0.01% whichever is lower |
Equity Futures | 0.05% (both side) | ₹15 per order or 0.01% whichever is lower |
Equity Options | ₹100 per lot (both side) | ₹15 per order |
Currency Futures | ₹20 per lot (both side) | ₹15 per order or 0.01% whichever is lower |
Currency Options | ₹20 per lot (both side) | ₹15 per order |
Commodity Options | 0.05% (both side) | Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order |
Mutual Fund | N/A | N/A |
Segment | Motilal Oswal | Alice Blue |
---|---|---|
Equity Delivery | 4x | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
Equity Intraday | 20x for Margin+ (Over 140 Stocks), Other stocks: 4x | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
Equity Future | Upto 3x | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Equity Options | Nil | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x |
Currency Future | N/A | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Currency Options | Nil | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x |
Commodity Future | Upto 3x | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Commodity Options | N/A | N/A |