Motilal Oswal vs JM Financial – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Motilal Oswal vs JM Financial. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Motilal Oswal & JM Financial will help you choose a better company that will fulfill the requirements for trading and investment purposes.

Both of these Stock Broking companies are providing wide range of products and services to the investors.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

Motilal Oswal vs JM Financial

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

Compare Stock Brokers


This Motilal Oswal &  JM Financial comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare  JM Financial & Motilal Oswal

Overview of Motilal Oswal & JM Financial

OverviewMotilal OswalJM Financial
Company TypePublicPublic
Broker TypeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaMumbai, Maharashtra
FounderMotilal Oswal, Raamdeo AgrawalNimesh Kampani
Established Year19871973

Motilal Oswal vs JM Financial Customer Ratings Comparison

Customer RatingsMotilal OswalJM Financial
Experience9.0 / 106.2/10
Products & Services8.4 / 106.4/10
Brokerage Charges & Fees8.6 / 106.2/10
Stock Research & Advisory8.2 / 106.6/10
Trading Platforms8.8 / 105.8/10
Overall Ratings8.60 / 106.4/10
Star Ratings★★★★★★★★☆☆
Total Client Reviews2907329

Motilal Oswal vs JM Financial Demat Account Comparison

Demat ServicesMotilal OswalJM Financial
Depository SourceNSDL & CDSLCDSL
Account Opening ChargesZeroRs. 1180
Demat AMC ChargesFree (Rs 400 2nd year onward)Rs. 650
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Offline to OnlineRR

JM Financial vs Motilal Oswal Brokerage Charges Comparison

Brokerage Charge & FeesMotilal OswalJM Financial
Equity Delivery Trading0.50%0.15%
Equity Intraday Trading0.05% (both side)0.02%
Commodity Options Trading0.05% (both side)Rs 25 per lot
Equity Futures Trading0.05% (both side)0.02%
Equity Options TradingRs 100 per lot (both side)Rs 25 per lot
Currency Futures TradingRs 20 per lot (both side)0.02%
Currency Options TradingRs 20 per lot (both side)Rs 25 per lot
Minimum BrokeragePercentage of TransactionPercentage of Transaction
Demat AMC ChargesFree or Rs.400 per Annum (From 2nd year)Rs.650
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Brokerage CalculatorMotilal Oswal Brokerage CalculatorJM Financial Brokerage Calculator

JM Financial & Motilal Oswal Other Charges Comparison

Other ChargesMotilal OswalJM Financial
Transaction Charges0.00335% of Total Turnover0.00325% of Total Turnover
STTEquity 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 Charges0.00005% (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)
GST18% on (Brokerage + Transaction Charge + SEBI Fee)18% on (Brokerage + Transaction Charge + SEBI Fee)

Compare JM Financial & Motilal Oswal Offers

OffersMotilal OswalJM Financial
Free Demat AccountRR
Free Trading AccountRR
Discount on BrokerageRR
Trading Happy HoursSS
Flexible Brokerage PlansRR
1 Month Brokerage FreeRS
Holiday OffersSS
Referral OffersRS
Zero Brokerage for Loss Making TradesSS

Compare Services of Motilal Oswal vs JM Financial

ServicesMotilal OswalJM Financial
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountSS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRR
Robo AdvisorySS
PMSRR
Trading InstitutionSS
Trading ExposureUpto 5xUpto 5x

Compare JM Financial & Motilal Oswal Research & Advisory

Research & AdvisoryMotilal OswalJM Financial
Fundamental ReportsRR
Research ReportsRR
Company ReportsRR
Annual ReportsRR
Company Stock ReviewRR
Free Stock TipsSR
IPO ReportsRR
Top PicksRR
Daily Market ReviewRR
Monthly ReportsRR
Weekly ReportsRR
Offline AdvisoryRR
Relationship ManagerRR

Motilal Oswal vs JM Financial Exposure/Leverage

Exposure / LeverageMotilal OswalJM Financial
Equity Delivery1x1x
Equity IntradayUpto 5xUpto 5x
Equity Futures1x1x
Equity Options1x1x
Currency Futures1x1x
Currency Options1x1x
Commodities1x1x
Margin CalculatorMotilal Oswal Margin CalculatorJM Financial Margin Calculator

Motilal Oswal vs JM Financial Product Comparison

ProductsMotilal OswalJM Financial
Equity TradingRR
Commodity TradingRR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexRR
BankingSS
SIPRR
InsuranceSR

Motilal Oswal vs JM Financial Trading Platform Comparison

Trading PlatformsMotilal OswalJM Financial
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRS
Mobile Site PlatformRR
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRR
Easy InstallationRR
Global IndicesRR
Stock TipsRR
Personalized AdvisoryRS
Interactive ChartsRR
Live MarketsRR
SMS AlertsRS
Email AlertsRS
Multi Account ManagementRS

Motilal Oswal vs JM Financial Customer Support

Customer SupportMotilal OswalJM Financial
Dedicated DealerRR
Offline TradingRR
Online TradingRR
24*7 SupportRS
Email SupportRR
Chat SupportSS
Toll Free Number1800 200 6626S
Branches8550

Motilal Oswal vs JM Financial Customer Complaints

Complaints (Current Year)Motilal OswalJM Financial
Lodged in BSE1785
Resolved in BSE1655
Lodged in NSE1457
Resolved in NSE1307

Compare Motilal Oswal with other Brokers & JM Financial with other Brokers


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