Motilal Oswal vs Upstox or RKSV – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Motilal Oswal vs Upstox. This comparison includes all metrics required to give a detailed idea about both the stock brokers. In this comparison we will cover the similarities between Motilal Oswal vs Upstox along with differences.

Motilal Oswal vs Upstox

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 Motilal Oswal vs Upstox or RKSV comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare Motilal Oswal vs Upstox:

Overview of Motilal Oswal & Upstox

Overview Motilal Oswal Upstox
Company Type Public Private
Broker Type Full Service Broker Discount Broker
Headquarters Mumbai, India Mumbai, India
Founder Ramdeo Agarwall Raghu Kumar, Ravi Kumar & Shrinivas Vishvanath
Established Year 1987 2009

Motilal Oswal vs Upstox Customer Ratings Comparison

Customer Ratings Motilal Oswal Upstox
Experience 9.0/10 5.3/10
Products & Services 6.7/10 6.5/10
Brokerage Charges & Fees 6.4/10 9.5/10
Stock Research & Advisory 5.8/10 3.0/10
Trading Platforms 6.7/10 6.5/10
Overall Ratings 6.9/10 6.2/10
Star Ratings ★★★★☆ ★★★☆☆
Total Client Reviews 398 598

Motilal Oswal vs Upstox Demat Account Comparison

Demat Services Motilal Oswal Upstox
Depository Source NSDL & CDSL CDSL
Account Opening Charges Zero Rs.150
Demat AMC Charges Free or Rs.300 per Annum Rs.150 per Annum
Trading AMC Charges Free Free
Margin Money Minimum Rs.10,000 Zero
Offline to Online Yes No

Motilal Oswal vs Upstox Brokerage Charges Comparison

Brokerage Charge & Fees Motilal Oswal Upstox
Equity Delivery Trading 0.50% Zero
Equity Intraday Trading 0.05% Rs.20
Commodity Options Trading 0.05% Rs.20
Equity Futures Trading 0.05% Rs.20
Equity Options Trading Rs.70 per Lot Rs.20 per lot
Currency Futures Trading 0.05% Rs.20
Currency Options Trading Rs.70 per Lot Rs.20 per lot
Minimum Brokerage Percentage of Transacton Rs.20
Demat AMC Charges Free or Rs.300 per Annum Rs.150 per annum
Trading AMC Charges Free Free
Margin Money Minimum Rs.10,000 Zero
Brokerage Calculator Motilal Oswal Brokerage Calculator Upstox Brokerage Calculator

Motilal Oswal vs Upstox Other Charges Comparison

Other Charges Motilal Oswal Upstox
Transaction Charges 0.00335% of Total Turnover 0.00275% 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 Motilal Oswal vs Upstox Offers

Offers Motilal Oswal Upstox
Free Demat Account R S
Free Trading Account R R
Discount on Brokerage R R
Trading Happy Hours S S
Flexible Brokerage Plans R S
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 Upstox

Services Motilal Oswal Upstox
Demat Services R R
Trading Services R R
3 in 1 Acount S S
Intraday Services R R
IPO Services R R
Stock Recommendations R S
Robo Advisory S R
Trading Institution S S
Trading Exposure Upto 30x Upto 20x

Compare Motilal Oswal vs Upstox Research & Advisory

Research & Advisory Motilal Oswal Upstox
Fundamental Reports R S
Research Reports R S
Company Reports R S
Annual Reports R S
Company Stock Review R S
Free Stock Tips S S
IPO Reports R S
Top Picks R S
Daily Market Review R S
Monthly Reports R S
Weekly Reports R S
Offline Advisory R S
Relationship Manager R S

Motilal Oswal vs Upstox Exposure/Leverage

Exposure / Leverage Motilal Oswal Upstox
Equity Delivery Upto 15x Upto 5x
Equity Intraday Upto 30x Upto 20x
Equity Futures Upto 15x Upto 7x
Equity Options Upto 5x Upto 8x
Currency Futures Upto 15x Upto 5x
Currency Options Upto 12x Upto 6x
Commodities Upto 15x Upto 7x

Motilal Oswal vs Upstox Product Comparison

Products Motilal Oswal Upstox
Equity Trading R R
Commodity Trading R No
Currency Trading R R
Options R R
Futures R R
Mutual Funds R S
Forex R S
Banking S S
Insurance S S

Motilal Oswal vs Upstox Trading Platform Comparison

Trading Platforms Motilal Oswal Upstox
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

Motilal Oswal vs Upstox Customer Support

Customer Support Motilal Oswal Upstox
Dedicated Dealer R S
Offline Trading R S
Online Trading R R
24*7 Support R S
Support Number 1800 200 6626 022 – 6130 9999
Email Support R R
Chat Support S S
Toll Free Number 1800 200 6626 S
Branches 85 Zero

Motilal Oswal vs Upstox Customer Complaints

Complaints (Current Year) Motilal Oswal Upstox
Lodged in BSE 178 185
Resolved in BSE 165 126
Lodged in NSE 145 175
Resolved in NSE 130 139

Compare Motilal Oswal with other Brokers & Upstox with other Brokers:

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Motilal Oswal vs Religare Securities Karvy vs Ventura Securities
Motilal Oswal vs Edelweiss Karvy vs SAMCO
Motilal Oswal vs SAMCO Karvy vs Bonanza Portfolio
Motilal Oswal vs Bonanza Portfolio Karvy vs HDFC Securities
Motilal Oswal vs HDFC Securities Karvy vs IIFL
Motilal Oswal vs 5Paisa Karvy vs Edelweiss

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