Motilal Oswal vs Sharekhan 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 Sharekhan
One of the largest full service broker, Sharekhan is based in Mumbai, and has a client base of more than 17 lakh accounts. Sharekhan, is one of the biggest names in Indian equity and derivative trading and was a pioneer in the field of online trading. Sharekhan’s holding company is BNP Paribas, a Euronext Paris Stock Exchange listed entity with a history in banking. It is regulated by Securities and Exchange Board of India (SEBI).
Sharekhan: Overview
Sharekhan was established in the year 2000 in Mumbai, Maharashtra. Originally, Sharekhan was a subsidiary of SSKI Group and it later got acquired by BNP Paribas Group. Sharekhan’s network is spread over 550 cities. Here, they are spread out in over 1850 offices, with a presence in middle-eastern countries like Oman and UAE.
Sharekhan offers a wide range on investment and advisory services like market news, comprehensive research reports, stock quotes, fundamental and statistical analysis
Motilal Oswal vs Sharekhan Account Opening Charges: 2024
| Charge | Motilal Oswal | Sharekhan |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹1000 (One-time) | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹299 | ₹400 (Free for 1st year with trading account) |
Motilal Oswal vs Sharekhan Brokerage Charges and Plans : 2024
| Charge | Motilal Oswal | Sharekhan |
|---|---|---|
| Plan Name | Default Plan | Classic Account |
| Equity Delivery | 0.50% | 0.50% |
| Equity Intraday | 0.05% (both side) | 0.10% |
| Equity Futures | 0.05% (both side) | 0.10% |
| Equity Options | ₹100 per lot (both side) | ₹50 per lot |
| Currency Futures | ₹20 per lot (both side) | 0.10% |
| Currency Options | ₹20 per lot (both side) | ₹30 per lot |
| Commodity Options | 0.05% (both side) | 0.03% |
| Mutual Fund | N/A | N/A |
Motilal Oswal vs Sharekhan Margin / Exposure: 2024
| Segment | Motilal Oswal | Sharekhan |
|---|---|---|
| Equity Delivery | 4x | Upto 5x |
| Equity Intraday | 20x for Margin+ (Over 140 Stocks), Other stocks: 4x | Upto 10x |
| Equity Future | Upto 3x | 2x |
| Equity Options | Nil | Nil |
| Currency Future | N/A | Nil |
| Currency Options | Nil | Nil |
| Commodity Future | Upto 3x | Upto 2x |
| Commodity Options | N/A | N/A |