Motilal Oswal vs NJ Wealth – Compare Brokerage Charges, Demat Account & more
Here is a detailed comparison of Motilal Oswal vs NJ Wealth. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Motilal Oswal & NJ Wealth 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.
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 & NJ Wealth comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s Compare NJ Wealth & Motilal Oswal
Overview of Motilal Oswal & NJ Wealth | ||
| Overview | Motilal Oswal | NJ Wealth |
| Company Type | Public | Private |
| Broker Type | Full Service Broker | Full Service Broker |
| Headquarters | Mumbai, India | Surat, Gujarat |
| Founder | Ramdeo Agarwall | Niraj Ravindra Choksi |
| Established Year | 1987 | 2000 |
Motilal Oswal vs NJ Wealth Customer Ratings Comparison | ||
| Customer Ratings | Motilal Oswal | NJ Wealth |
| Experience | 9.0/10 | 5.8/10 |
| Products & Services | 6.7/10 | 5.8/10 |
| Brokerage Charges & Fees | 6.4/10 | 5.6/10 |
| Stock Research & Advisory | 5.8/10 | 5.4/10 |
| Trading Platforms | 6.7/10 | 5.8/10 |
| Overall Ratings | 6.9/10 | 5.6/10 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
| Total Client Reviews | 398 | 219 |
Motilal Oswal vs NJ Wealth Demat Account Comparison | ||
| Demat Services | Motilal Oswal | NJ Wealth |
| Depository Source | NSDL & CDSL | CDSL & NSDL |
| Account Opening Charges | Zero | Rs.300 |
| Demat AMC Charges | Free or Rs.300 per Annum | Free |
| Trading AMC Charges | Free | Rs.250 per Annum |
| Margin Money | Minimum Rs.10,000 | Minimum Rs.3,000 |
| Offline to Online | R | R |
NJ Wealth vs Motilal Oswal Brokerage Charges Comparison | ||
| Brokerage Charge & Fees | Motilal Oswal | NJ Wealth |
| Equity Delivery Trading | 0.50% | 0.1% – 0.2% |
| Equity Intraday Trading | 0.05% | 0.01% – 0.02% |
| Commodity Options Trading | 0.05% | 0.01% – 0.02% |
| Equity Futures Trading | 0.05% | 0.01% – 0.02% |
| Equity Options Trading | Rs.70 per Lot | Rs.10 – Rs.20 per Lot |
| Currency Futures Trading | 0.05% | 0.01% – 0.02% |
| Currency Options Trading | Rs.70 per Lot | Rs.10 – Rs.20 per Lot |
| Minimum Brokerage | Percentage of Transaction | Percentage of Transaction |
| Demat AMC Charges | Free or Rs.300 per Annum | Free |
| Trading AMC Charges | Free | Rs.250 per Annum |
| Margin Money | Minimum Rs.10,000 | Minimum Rs.3,000 |
| Brokerage Calculator | Motilal Oswal Brokerage Calculator | Nj India Brokerage Calculator |
NJ Wealth & Motilal Oswal Other Charges Comparison | ||
| Other Charges | Motilal Oswal | NJ Wealth |
| Transaction Charges | 0.00335% of Total Turnover | 0.0000325 of Total Turnover |
| STT | 0.0126% of Total Turnover | 0.0126% of Total Turnover |
| SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover |
| Stamp Duty | Depends on State (very minimal) | Depends on State (very minimal) |
| GST | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) |
Compare NJ Wealth & Motilal Oswal Offers | ||
| Offers | Motilal Oswal | NJ Wealth |
| Free Demat Account | R | S |
| Free Trading Account | R | S |
| Discount on Brokerage | R | S |
| Trading Happy Hours | S | S |
| Flexible Brokerage Plans | R | R |
| 1 Month Brokerage Free | R | S |
| Holiday Offers | S | S |
| Referral Offers | R | S |
| Zero Brokerage for Loss Making Trades | S | S |
Compare Services of Motilal Oswal vs NJ Wealth | ||
| Services | Motilal Oswal | NJ Wealth |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Account | S | S |
| Intraday Services | R | R |
| IPO Services | R | S |
| Stock Recommendations | R | R |
| Robo Advisory | S | S |
| PMS | R | R |
| Trading Institution | S | S |
| Trading Exposure | Upto 30x | Upto 7X |
Compare NJ Wealth & Motilal Oswal Research & Advisory | ||
| Research & Advisory | Motilal Oswal | NJ Wealth |
| 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 | R |
| IPO Reports | R | R |
| Top Picks | R | R |
| Daily Market Review | R | R |
| Monthly Reports | R | R |
| Weekly Reports | R | R |
| Offline Advisory | R | R |
| Relationship Manager | R | R |
Motilal Oswal vs NJ Wealth Exposure/Leverage | ||
| Exposure / Leverage | Motilal Oswal | NJ Wealth |
| Equity Delivery | Upto 15x | Upto 2X |
| Equity Intraday | Upto 30x | Upto 7X |
| Equity Futures | Upto 15x | Upto 4X |
| Equity Options | Upto 5x | Upto 5X |
| Currency Futures | Upto 15x | Upto 1X |
| Currency Options | Upto 12x | Upto 3X |
| Commodities | Upto 15x | Upto 3X |
| Margin Calculator | Motilal Oswal Margin Calculator | Nj Wealth Margin Calculator |
Motilal Oswal vs NJ Wealth Product Comparison | ||
| Products | Motilal Oswal | NJ Wealth |
| Equity Trading | R | R |
| Commodity Trading | R | R |
| Currency Trading | R | R |
| Options | R | R |
| Futures | R | R |
| Mutual Funds | R | R |
| Forex | R | S |
| Banking | S | S |
| SIP | R | R |
| Insurance | S | S |
Motilal Oswal vs NJ Wealth Trading Platform Comparison | ||
| Trading Platforms | Motilal Oswal | NJ Wealth |
| 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 | S |
| Interactive Charts | R | R |
| Live Markets | R | R |
| SMS Alerts | R | R |
| Email Alerts | R | R |
| Multi Account Management | R | S |
Motilal Oswal vs NJ Wealth Customer Support | ||
| Customer Support | Motilal Oswal | NJ Wealth |
| Dedicated Dealer | R | R |
| Offline Trading | R | R |
| Online Trading | R | R |
| 24*7 Support | R | S |
| Email Support | R | R |
| Chat Support | S | S |
| Toll Free Number | 1800 200 6626 | S |
| Branches | 85 | 283 |
Motilal Oswal vs NJ Wealth Customer Complaints | ||
| Complaints (Current Year) | Motilal Oswal | NJ Wealth |
| Lodged in BSE | 178 | 0 |
| Resolved in BSE | 165 | 0 |
| Lodged in NSE | 145 | 7 |
| Resolved in NSE | 130 | 7 |
Compare Motilal Oswal with other Brokers & NJ Wealth with other Brokers
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