Motilal Oswal vs Interactive Brokers 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 Interactive Brokers

Interactive Brokers, found in 1978 is currently one of the biggest discount brokers in the world. Naturally, the broker is regulated by different financial authorities according to the country, including UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC), and India’s Securities and Exchange Board of India (SEBI). It has presence over a number of countries worldwide!

A one-stop solution for Indian residents interested in investing both in the Indian as well as the global markets.

Interactive Brokers: An Overview

Interactive Brokers has business on over 135 market destinations worldwide, where they provide service of trading stocks, options, futures, forex, fixed income and funds worldwide, executing about 1,746,000 trades per day.

Interactive Brokers has its headquarters in Greenwich, Connecticut. It functions with over 1400 employees in a number of countries like the USA, Switzerland, Canada, India, Hong Kong, UK, Australia, Hungary, Russia, Japan, China and Estonia.

In India, the

Motilal Oswal vs Interactive Brokers Account Opening Charges: 2024

ChargeMotilal OswalInteractive Brokers
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹1000 (One-time)₹0
Trading Account AMC₹0₹0
Demat Account AMC₹299₹0

Motilal Oswal vs Interactive Brokers Brokerage Charges and Plans : 2024

ChargeMotilal OswalInteractive Brokers
Plan NameDefault PlanN/A
Equity Delivery0.50%Minimum ₹6 and Upto ₹20 per executed order
Equity Intraday0.05% (both side)Minimum ₹6 and Upto ₹20 per executed order
Equity Futures0.05% (both side)Minimum ₹6 and Upto ₹20 per executed order
Equity Options₹100 per lot (both side)Minimum ₹6 and Upto ₹20 per executed order
Currency Futures₹20 per lot (both side)Minimum ₹6 and Upto ₹20 per executed order
Currency Options₹20 per lot (both side)Minimum ₹6 and Upto ₹20 per executed order
Commodity Options0.05% (both side)N/A
Mutual FundN/AN/A

Motilal Oswal vs Interactive Brokers Margin / Exposure: 2024

SegmentMotilal OswalInteractive Brokers
Equity Delivery4xN/A
Equity Intraday20x for Margin+ (Over 140 Stocks), Other stocks: 4x N/A
Equity FutureUpto 3xN/A
Equity OptionsNilN/A
Currency FutureN/AN/A
Currency OptionsNilN/A
Commodity FutureUpto 3xN/A
Commodity OptionsN/AN/A

Motilal Oswal vs Interactive Brokers Currency Charges and Plans: 2024

Motilal Oswal charge ₹20 per lot (both side) for Currency Futures and ₹20 per lot (both side) for Currency Options whereas Interactive Brokers Charges Minimum ₹6 and Upto ₹20 per executed order for Currency futures and Minimum ₹6 and Upto ₹20 per executed order for Currency options.
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