AxisDirect vs Motilal Oswal Comparison: 2024

About AxisDirect

It is the lineage of the Axis group and a subsidiary of India's third largest private sector bank. Axis direct provides a wide spectrum of investment and trading solutions to over 20 million clients. It won the title of Top Equity broker two years in a row  2018-19 by the BSE outlook. It allows trade via BSE, NSE, MCX and NCDEX exchange.

Axis Direct: Overview

The Mumbai-based subsidiary was started in 2011 by key people of the Axis group, B. Gopkumar (MD) and Anand Shaha (ED). It offers various financial products to its consumers like Mutual funds, SIP, Equity derivatives, IPO, ETFs, Tax Saving , Fixed income etc. With the motto and tagline of #SimpleHai Axis Direct aims to become a key player in the retails broking industry. They are a full-service broker firm  with over 75 branches across India.

In addition to this, Axis direct provides the 3-in-1 account facility which

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

AxisDirect vs Motilal Oswal Account Opening Charges: 2024

ChargeAxisDirectMotilal Oswal
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹999 (For a 3-in-1 Account)₹1000 (One-time)
Trading Account AMC₹0₹0
Demat Account AMC₹650 per year (free for 1st year)₹299

AxisDirect vs Motilal Oswal Brokerage Charges and Plans : 2024

ChargeAxisDirectMotilal Oswal
Plan NameN/ADefault Plan
Equity Delivery0.50%0.50%
Equity Intraday0.05%0.05% (both side)
Equity Futures0.05%0.05% (both side)
Equity Options₹0.01 or ₹10 per lot₹100 per lot (both side)
Currency Futures0.05% ₹20 per lot (both side)
Currency Options₹0.01 or ₹10 per lot₹20 per lot (both side)
Commodity OptionsFutures: 0.03% and Options: ₹50 per lot0.05% (both side)
Mutual FundN/AN/A

AxisDirect vs Motilal Oswal Margin / Exposure: 2024

SegmentAxisDirectMotilal Oswal
Equity Delivery1x4x
Equity IntradayUpto 10x20x for Margin+ (Over 140 Stocks), Other stocks: 4x
Equity Future1xUpto 3x
Equity Options1xNil
Currency Future1xN/A
Currency Options1xNil
Commodity Future3xUpto 3x
Commodity Options1xN/A

AxisDirect vs Motilal Oswal Currency Charges and Plans: 2024

AxisDirect charge 0.05% for Currency Futures and ₹0.01 or ₹10 per lot for Currency Options whereas Motilal Oswal Charges ₹20 per lot (both side) for Currency futures and ₹20 per lot (both side) for Currency options.

AxisDirect vs Motilal Oswal Commodity Charges and Plans: 2024

AxisDirect charge Futures: 0.03% and Options: ₹50 per lot for commodity and Motilal Oswal charge 0.05% (both side) for commodity.
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