Home  »  Broker Comparison  »  Zerodha Vs Motilal Oswal

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

Last Updated Date - Aug 29, 2023

Here is a detailed comparison of Zerodha vs Motilal Oswal. Zerodha is a discount broker which provides flat Rs.20 per trade brokerage rate while Motilal Oswal has positioned themselves as elite stock broker based out of Mumbai. This comparison is very unique were two opposite poles will collide.

Zerodha vs Motilal Oswal

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 more Stock Brokers:

Compare Stock Brokers


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


Now let’s Compare Motilal Oswal & Zerodha

Overview of Zerodha & Motilal Oswal

Overview Zerodha Motilal Oswal
Company Type Private Public
Broker Type Discount Broker Full Service Broker
Headquarters Bangalore, India Mumbai, India
Founder  Nithin Kamath, Nikhil Kamath, Dr.Kailash Nadh Motilal Oswal, Raamdeo Agrawal
Established Year 2010 1987

Zerodha vs Motilal Oswal Customer Ratings Comparison

Customer Ratings Zerodha Motilal Oswal
Experience 8.7 / 10 9.0 / 10
Products & Services 9.4 / 10 8.4 / 10
Brokerage Charges & Fees 9.5 / 10 8.6 / 10
Stock Research & Advisory 9.6 / 10 8.2 / 10
Trading Platforms 8.5 / 10 8.8 / 10
Overall Ratings 9.14 / 10 8.60 / 10
Star Ratings ★★★★★ ★★★★★
Total Client Reviews 5893 2907

Zerodha vs Motilal Oswal Demat Account Comparison

Demat Services Zerodha Motilal Oswal
Depository Source CDSL NSDL & CDSL
Account Opening Charges Rs.200 Zero
Demat AMC Charges Rs.300 per Annum Free (Rs 550 2nd year onward)
Trading AMC Charges Free Free
Margin Money 75% Margin 75% Margin
Offline to Online S R

Motilal Oswal vs Zerodha Brokerage Charges Comparison

Brokerage Charge & Fees Zerodha Motilal Oswal
Equity Delivery Trading Rs 0 (Free) 0.20%
Equity Intraday Trading Flat Rs 20 or 0.03% (whichever is lower) per executed order Rs 0 (Free for Lifetime)
Commodity Trading Flat Rs 20 or 0.03% (whichever is lower) per executed order Futures: 0.02% | Options: Rs 200 Per Lot
Equity Futures Trading Flat Rs 20 or 0.03% (whichever is lower) per executed order Rs 0 (For 1st Month up to Rs. 1000 on FNO* Trading)
Equity Options Trading Flat Rs 20 per executed order (on Turnover) Rs 0 (For 1st Month up to Rs. 1000 on FNO* Trading)
Currency Futures Trading Flat Rs 20 or 0.03% (whichever is lower) per executed order Rs 0 (For 1st Month up to Rs. 1000 on FNO* Trading)
Currency Options Trading Flat Rs 20 or 0.03% (whichever is lower) per executed order Rs 0 (For 1st Month up to Rs. 1000 on FNO* Trading)
Minimum Brokerage Zero Percentage of Transaction
Demat AMC Charges Rs.300 per Annum Free or Rs.550 per Annum (From 2nd year)
Trading AMC Charges Free Free
Margin Money 75% Margin 75% Margin
Brokerage Calculator Zerodha Brokerage Calculator Motilal Oswal Brokerage Calculator

Motilal Oswal & Zerodha Other Charges Comparison

Other Charges Zerodha Motilal Oswal
Transaction Charges 0.00325% 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 Rs 10 / 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 & Zerodha Offers

Offers Zerodha Motilal Oswal
Free Demat Account S R
Free Trading Account S R
Discount on Brokerage R R
Trading Happy Hours S S
Flexible Brokerage Plans S R
1 Month Brokerage Free S R
Holiday Offers S S
Referral Offers R R
Zero Brokerage for Loss Making Trades S S

Compare Services of Zerodha vs Motilal Oswal

Services Zerodha Motilal Oswal
Demat Services R R
Trading Services R R
3 in 1 Acount S S
Intraday Services R R
IPO Services R R
Stock Recommendations S R
Robo Advisory S S
PMS R R
Trading Institution S S
Trading Exposure Upto 5x Upto 5x

Compare Motilal Oswal & Zerodha Research & Advisory

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

Zerodha vs Motilal Oswal Exposure/Leverage

Exposure / Leverage Zerodha 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 Zerodha Margin Calculator Motilal Oswal Margin Calculator

Zerodha vs Motilal Oswal Product Comparison

Products Zerodha Motilal Oswal
Equity Trading R R
Commodity Trading R R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex S R
Banking S S
SIP R R
Insurance S S

Zerodha vs Motilal Oswal Trading Platform Comparison

Trading Platforms Zerodha 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

Zerodha vs Motilal Oswal Customer Support

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

Zerodha vs Motilal Oswal Customer Complaints

Complaints (Current Year) Zerodha Motilal Oswal
Lodged in BSE 220 178
Resolved in BSE 217 165
Lodged in NSE 189 145
Resolved in NSE 185 130

 


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


Open Demat Account with your Favorite Broker

    Fill Your Details Here


    Featured Topics:


     

     

    Get 90% Discount on Brokerage Now! Open Demat Account