Motilal Oswal vs Upstox 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 Upstox

Upstox, another name to be included in the list of fastest growing discount brokers in India. We wonder, how much longer the list of stock brokers in India will eventually get. Every other day you hear a lot of new entrants, or existing players modifying their strategies to survive and succeed in the stock broking world.

Uptstox, formerly known as RKSV Securites, is one of the biggest discount brokers in India, funded by the likes of  Ratan Tata, Kalaari Capital and GVK Davix, making the firm a dependable and safe broker for all of your investment and trading needs. Based out of Mumbai, Upstox is a wide-range broker. This stock broking platform offers a huge range of trading products and services.

Using Upstox has huge advantages, especially for traders, given its plans and cheap brokerage despite volume. Also, Upstox also offers one of the quickest trading terminals, which, any trader could tell

Motilal Oswal vs Upstox Account Opening Charges: 2024

ChargeMotilal OswalUpstox
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹1000 (One-time)₹249
Trading Account AMC₹0₹0
Demat Account AMC₹299₹300 per year (paid monthly)

Motilal Oswal vs Upstox Brokerage Charges and Plans : 2024

ChargeMotilal OswalUpstox
Plan NameDefault PlanBasic
Equity Delivery0.50%₹0 (FREE)
Equity Intraday0.05% (both side)₹20 per trade or 0.05% (whichever is lower)
Equity Futures0.05% (both side)₹20 per trade or 0.05% (whichever is lower)
Equity Options₹100 per lot (both side)₹20 per trade or 0.05% (whichever is lower)
Currency Futures₹20 per lot (both side)₹20 per trade or 0.05% (whichever is lower)
Currency Options₹20 per lot (both side)₹20 per trade or 0.05% (whichever is lower)
Commodity Options0.05% (both side)₹20 per trade or 0.05% (whichever is lower)
Mutual FundN/AN/A

Motilal Oswal vs Upstox Margin / Exposure: 2024

SegmentMotilal OswalUpstox
Equity Delivery4x1x (no margin)
Equity Intraday20x for Margin+ (Over 140 Stocks), Other stocks: 4x Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x
Equity FutureUpto 3xBasic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x
Equity OptionsNilBasic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x
Currency FutureN/ABasic:4x | Priority:4x | Basic CO:4x | Priority CO:5x
Currency OptionsNilBasic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x
Commodity FutureUpto 3xBasic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Commodity OptionsN/AN/A

Motilal Oswal vs Upstox 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 Upstox Charges ₹20 per trade or 0.05% (whichever is lower) for Currency futures and ₹20 per trade or 0.05% (whichever is lower) for Currency options.

Motilal Oswal vs Upstox Commodity Charges and Plans: 2024

Motilal Oswal charge 0.05% (both side) for commodity and Upstox charge ₹20 per trade or 0.05% (whichever is lower) for commodity.
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