Motilal Oswal vs Finvasia Comparison: 2024
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
About Finvasia
Finvasia, a financial services company providing a wide array of services in the the financial sector. With Finvasia Securities having its base in Chandigarh, it's an emerging platform to join the race of discount brokers in India.
Finvasia is an international wealth management and broking fintech company rapidly growing in the Indian arena. this technology-driven Firm offers a very diversified business model ranging from capital market advisory to commodity broking and everything in between. With the aim To promote direct investments, It currently operates in 14 countries including Australia, Brazil, Canada, London, and others. The Indian office of the broker is situated in Chandigarh.
Finvasia: an overview
Finvasia was founded by Ex-wall street professionals Sarvjeet Singh Virk and Tajinder Singh Virk in 2009 in Canada. The brother duo initially came to India as Foreign institutional investors(FII) but soon realized the need to create financial solutions for the Indian investor. The company provides
Motilal Oswal vs Finvasia Account Opening Charges: 2024
| Charge | Motilal Oswal | Finvasia |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 (Free) |
| Trading Acc Opening Charges | ₹1000 (One-time) | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹299 | ₹0 (Free) |
Motilal Oswal vs Finvasia Brokerage Charges and Plans : 2024
| Charge | Motilal Oswal | Finvasia |
|---|---|---|
| Plan Name | Default Plan | Standard |
| Equity Delivery | 0.50% | ₹0 |
| Equity Intraday | 0.05% (both side) | ₹0 |
| Equity Futures | 0.05% (both side) | ₹0 |
| Equity Options | ₹100 per lot (both side) | ₹0 |
| Currency Futures | ₹20 per lot (both side) | ₹0 |
| Currency Options | ₹20 per lot (both side) | ₹0 |
| Commodity Options | 0.05% (both side) | ₹0 |
| Mutual Fund | N/A | N/A |
Motilal Oswal vs Finvasia Margin / Exposure: 2024
| Segment | Motilal Oswal | Finvasia |
|---|---|---|
| Equity Delivery | 4x | 1x |
| Equity Intraday | 20x for Margin+ (Over 140 Stocks), Other stocks: 4x | Upto 10x |
| Equity Future | Upto 3x | 2x |
| Equity Options | Nil | 1x |
| Currency Future | N/A | 1x |
| Currency Options | Nil | 1x |
| Commodity Future | Upto 3x | 2x |
| Commodity Options | N/A | 1x |