Prabhudas Lilladher vs Motilal Oswal Comparison: 2024
About Prabhudas Lilladher
Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.
PL India: Formation & Glimpse
Shahrukh Khan is a legend in the Indian film industry. We all know his name and movies irrespective of our age and liking. Did you know that there are legendary pioneers in financial markets as well?
That brings us to today’s topic, "Prabhudas Lilladher".
Let us start by answering the first question: Who is Prabhudas Lilladher?
Prabhudas Lilladher or more popularly known as PL India is one of the oldest stockbroking houses in India. The company was registered in the year 1944 by Prabhudas Lilladher as a stock broking company in India.
But, over the years the company has seen a gradual growth and expanded to become a one-stop-shop for companies all financial needs.
The company’s headquarters is at Mumbai but it has spread its presence in over 30+ cities of India.
Moreover, PL India is
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
Prabhudas Lilladher vs Motilal Oswal Account Opening Charges: 2024
| Charge | Prabhudas Lilladher | Motilal Oswal |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹1000 (One-time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹250, free for 1st year | ₹299 |
Prabhudas Lilladher vs Motilal Oswal Brokerage Charges and Plans : 2024
| Charge | Prabhudas Lilladher | Motilal Oswal |
|---|---|---|
| Plan Name | N/A | Default Plan |
| Equity Delivery | 0.2% | 0.50% |
| Equity Intraday | 0.02% | 0.05% (both side) |
| Equity Futures | 0.02% | 0.05% (both side) |
| Equity Options | 0.02% | ₹100 per lot (both side) |
| Currency Futures | 0.02% to 0.01% | ₹20 per lot (both side) |
| Currency Options | ₹15 per Lot | ₹20 per lot (both side) |
| Commodity Options | 0.02% | 0.05% (both side) |
| Mutual Fund | N/A | N/A |
Prabhudas Lilladher vs Motilal Oswal Margin / Exposure: 2024
| Segment | Prabhudas Lilladher | Motilal Oswal |
|---|---|---|
| Equity Delivery | N/A | 4x |
| Equity Intraday | N/A | 20x for Margin+ (Over 140 Stocks), Other stocks: 4x |
| Equity Future | N/A | Upto 3x |
| Equity Options | N/A | Nil |
| Currency Future | N/A | N/A |
| Currency Options | N/A | Nil |
| Commodity Future | N/A | Upto 3x |
| Commodity Options | N/A | N/A |