Here is a detailed comparison of ICICI Direct vs Motilal Oswal. ICICI Direct is one of the largest stock broking house in terms of client base while Motilal Oswal is one of the most premium broking house in the country. This amazing comparison between both the broking house i.e. ICICI Direct & Motilal Oswal is extremely competitive.
In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:
- Overview
- Customer Ratings
- Demat Account
- Research & Advisory
- Brokerage Charges & Fees
- Other Charges
- Services
- Products
- Exposure/Leverage
- Trading Platform
- Offers
- Customer Support
- Complaints
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This ICICI Direct & Motilal Oswal comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s Compare Motilal Oswal & ICICI Direct:
Overview of ICICI Direct & Motilal Oswal |
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| Overview | ICICI Direct | Motilal Oswal |
| Company Type | Public | Public |
| Broker Type | Full Service Broker | Full Service Broker |
| Headquarters | Mumbai, India | Mumbai, India |
| Founder | Vjay Chandok | Motilal Oswal, Raamdeo Agrawal |
| Established Year | 1994 | 1987 |
ICICI Direct vs Motilal Oswal Customer Ratings Comparison |
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| Customer Ratings | ICICI Direct | Motilal Oswal |
| Experience | 8.8 / 10 | 9.0 / 10 |
| Products & Services | 8.4 / 10 | 8.4 / 10 |
| Brokerage Charges & Fees | 8.5 / 10 | 8.6 / 10 |
| Stock Research & Advisory | 7.9 / 10 | 8.2 / 10 |
| Trading Platforms | 8.6 / 10 | 8.8 / 10 |
| Overall Ratings | 8.44 / 10 | 8.60 / 10 |
| Star Ratings | ★★★★☆ | ★★★★★ |
| Total Client Reviews | 4026 | 2907 |
ICICI Direct vs Motilal Oswal Demat Account Comparison |
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| Demat Services | ICICI Direct | Motilal Oswal |
| Depository Source | NSDL & CDSL | NSDL & CDSL |
| Account Opening Charges | Zero | Zero |
| Demat AMC Charges | Rs 300 (from 2nd year) | Free (Rs 550 2nd year onward) |
| Trading AMC Charges | Rs 0 (Free) | Free |
| Margin Money | 75% Margin | 75% Margin |
| Offline to Online | S | R |
Motilal Oswal vs ICICI Direct Brokerage Charges Comparison |
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| Brokerage Charge & Fees | ICICI Direct | Motilal Oswal |
| Equity Delivery Trading | 0.55% | 0.20% |
| Equity Intraday Trading | Rs 20 per order | Rs 0 (Free for Lifetime) |
| Commodity Trading | Rs 20 per order | Futures: 0.02% | Options: Rs 200 Per Lot |
| Equity Futures Trading | Rs 0 (Free) | Rs 0 (For 1st Month up to Rs. 1000 on FNO* Trading) |
| Equity Options Trading | Rs 20 per order | Rs 0 (For 1st Month up to Rs. 1000 on FNO* Trading) |
| Currency Futures Trading | Rs 20 per order | Rs 0 (For 1st Month up to Rs. 1000 on FNO* Trading) |
| Currency Options Trading | Rs 20 per order | Rs 0 (For 1st Month up to Rs. 1000 on FNO* Trading) |
| Minimum Brokerage | Rs.20 per Trade | Percentage of Transaction |
| Demat AMC Charges | Rs.300 per Annum from 2nd year | Free or Rs.550 per Annum (From 2nd year) |
| Trading AMC Charges | Zero | Free |
| Margin Money | 75% Margin | 75% Margin |
| Brokerage Calculator | ICICI Direct Brokerage Calculator | Motilal Oswal Brokerage Calculator |
Motilal Oswal & ICICI Direct Other Charges Comparison |
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| Other Charges | ICICI Direct | Motilal Oswal |
| Transaction Charges | 0.00280% of Total Turnover | 0.00335% of Total Turnover |
| STT | Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side |
Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side |
| SEBI Turnover Charges | 0.00005% (Rs. 5/Crore) | 0.00005% (Rs. 5/Crore) |
| Stamp Duty | (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) | (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
| GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Compare Motilal Oswal & ICICI Direct Offers |
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| Offers | ICICI Direct | Motilal Oswal |
| Free Demat Account | R | R |
| Free Trading Account | S | R |
| Discount on Brokerage | S | R |
| Trading Happy Hours | R | S |
| Flexible Brokerage Plans | R | R |
| 1 Month Brokerage Free | S | R |
| Holiday Offers | S | S |
| Referral Offers | R | R |
| Zero Brokerage for Loss Making Trades | R | S |
Compare Services of ICICI Direct vs Motilal Oswal |
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| Services | ICICI Direct | Motilal Oswal |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Account | R | S |
| Intraday Services | R | R |
| IPO Services | R | R |
| Stock Recommendations | R | R |
| Robo Advisory | R | S |
| PMS | R | R |
| Trading Institution | R | S |
| Trading Exposure | Upto 5x | Upto 5x |
Compare Motilal Oswal & ICICI Direct Research & Advisory |
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| Research & Advisory | ICICI Direct | Motilal Oswal |
| Fundamental Reports | R | R |
| Research Reports | R | R |
| Company Reports | R | R |
| Annual Reports | R | R |
| Company Stock Review | R | R |
| Free Stock Tips | S | S |
| IPO Reports | R | R |
| Top Picks | S | R |
| Daily Market Review | R | R |
| Monthly Reports | R | R |
| Weekly Reports | R | R |
| Offline Advisory | R | R |
| Relationship Manager | R | R |
ICICI Direct vs Motilal Oswal Exposure/Leverage |
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| Exposure / Leverage | ICICI Direct | Motilal Oswal |
| Equity Delivery | 1x | 1x |
| Equity Intraday | Upto 5x | Upto 5x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
| Currency Futures | 1x | 1x |
| Currency Options | 1x | 1x |
| Commodities | 1x | 1x |
| Margin Calculator | ICICI Direct Margin Calculator | Motilal Oswal Margin Calculator |
ICICI Direct vs Motilal Oswal Product Comparison |
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| Products | ICICI Direct | Motilal Oswal |
| Equity Trading | R | R |
| Commodity Trading | S | R |
| Currency Trading | R | R |
| Options | R | R |
| Futures | R | R |
| Mutual Funds | R | R |
| Forex | R | R |
| Banking | R | S |
| SIP | R | R |
| Insurance | R | S |
ICICI Direct vs Motilal Oswal Trading Platform Comparison |
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| Trading Platforms | ICICI Direct | Motilal Oswal |
| Desktop Platform – Windows | R | R |
| Desktop Platform – Mac | R | R |
| Desktop Browser Platform | R | R |
| Mobile Site Platform | R | R |
| Android App Platform | R | R |
| iOS App Platform | R | R |
| Windows App Platform | S | S |
| Other Mobile OS Platform | S | S |
| Real time Updates | R | R |
| Portfolio Details | R | R |
| Online MF Buy | R | R |
| News Flash | R | R |
| Research Reports | R | R |
| Easy Installation | R | R |
| Global Indices | R | R |
| Stock Tips | R | R |
| Personalized Advisory | R | R |
| Interactive Charts | R | R |
| Live Markets | R | R |
| SMS Alerts | R | R |
| Email Alerts | R | R |
| Multi Account Management | R | R |
ICICI Direct vs Motilal Oswal Customer Support |
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| Customer Support | ICICI Direct | Motilal Oswal |
| Dedicated Dealer | R | R |
| Offline Trading | S | R |
| Online Trading | R | R |
| 24*7 Support | S | R |
| Email Support | R | R |
| Chat Support | S | S |
| Toll Free Number | S | 1800 200 6626 |
| Branches | 226 | 85 |
ICICI Direct vs Motilal Oswal Customer Complaints |
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| Complaints (Current Year) | ICICI Direct | Motilal Oswal |
| Lodged in BSE | 225 | 178 |
| Resolved in BSE | 215 | 165 |
| Lodged in NSE | 196 | 145 |
| Resolved in NSE | 182 | 130 |
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