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
The best part about Paytm Money is in the fact that it carries the brand name Paytm. Now while that provides a huge advantage from a branding perspective, whether it is enough from a functional perspective, we’ll see.
Paytm Money is a mutual fund trading app, facilitating payments through net banking, UPI, OTM. However, it launched its discount broking wing sometime back and is planning to expand its user base towards the stock investors and traders. Paytm Money’s target market happens to be one of the largest population demographics, i.e the young and middle aged. With Paytm Money, the company joints it’s easy to use interface with quality and service standards set by Paytm.
All this while it ventures into the mutual fund app space and further diversifying into the stock broking services in India. Paytm is an Indian company, funded by Alibaba and backed by Ratan Tata
Charge | Motilal Oswal | Paytm Money |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 (Free) |
Trading Acc Opening Charges | ₹1000 (One-time) | Rs. 200 (One time Digital KYC) + Rs. 300 Account Opening Charges |
Trading Account AMC | ₹0 | ₹0 (Free) |
Demat Account AMC | ₹299 | Annual Platform Fees of Rs.300 |
Charge | Motilal Oswal | Paytm Money |
---|---|---|
Plan Name | Default Plan | Basic Plan |
Equity Delivery | 0.50% | ₹0 |
Equity Intraday | 0.05% (both side) | 0.05% of turnover or ₹10 whichever is lower |
Equity Futures | 0.05% (both side) | 0.05% of turnover or ₹10 whichever is lower |
Equity Options | ₹100 per lot (both side) | 0.05% of turnover or ₹10 whichever is lower |
Currency Futures | ₹20 per lot (both side) | 0.05% of turnover or ₹10 whichever is lower |
Currency Options | ₹20 per lot (both side) | 0.05% of turnover or ₹10 whichever is lower |
Commodity Options | 0.05% (both side) | 0.05% of turnover or ₹10 whichever is lower |
Mutual Fund | N/A | N/A |
Segment | Motilal Oswal | Paytm Money |
---|---|---|
Equity Delivery | 4x | Upto 4x |
Equity Intraday | 20x for Margin+ (Over 140 Stocks), Other stocks: 4x | Upto 20x |
Equity Future | Upto 3x | Upto 3x |
Equity Options | Nil | Upto 5x |
Currency Future | N/A | Upto 2x |
Currency Options | Nil | Upto 3x |
Commodity Future | Upto 3x | Upto 3x |
Commodity Options | N/A | N/A |