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

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

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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

OverviewZerodhaMotilal Oswal
Company TypePrivatePublic
Broker TypeDiscount BrokerFull Service Broker
HeadquartersBangalore, IndiaMumbai, India
Founder Nithin Kamath, Nikhil Kamath, Dr.Kailash NadhMotilal Oswal, Raamdeo Agrawal
Established Year20101987

Zerodha vs Motilal Oswal Customer Ratings Comparison

Customer RatingsZerodhaMotilal Oswal
Experience8.7 / 109.0 / 10
Products & Services9.4 / 108.4 / 10
Brokerage Charges & Fees9.5 / 108.6 / 10
Stock Research & Advisory9.6 / 108.2 / 10
Trading Platforms8.5 / 108.8 / 10
Overall Ratings9.14 / 108.60 / 10
Star Ratings★★★★★★★★★★
Total Client Reviews58932907

Zerodha vs Motilal Oswal Demat Account Comparison

Demat ServicesZerodhaMotilal Oswal
Depository SourceCDSLNSDL & CDSL
Account Opening ChargesRs.200Zero
Demat AMC ChargesRs.300 per AnnumFree (Rs 400 2nd year onward)
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Offline to OnlineSR

Motilal Oswal vs Zerodha Brokerage Charges Comparison

Brokerage Charge & FeesZerodhaMotilal Oswal
Equity Delivery TradingRs 0 (Free)0.50%
Equity Intraday TradingFlat Rs 20 or 0.03% (whichever is lower) per executed order0.05% (both side)
Commodity Options TradingFlat Rs 20 or 0.03% (whichever is lower) per executed order0.05% (both side)
Equity Futures TradingFlat Rs 20 or 0.03% (whichever is lower) per executed order0.05% (both side)
Equity Options TradingFlat Rs 20 per executed order (on Turnover)Rs 100 per lot (both side)
Currency Futures TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs 20 per lot (both side)
Currency Options TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs 20 per lot (both side)
Minimum BrokerageZeroPercentage of Transaction
Demat AMC ChargesRs.300 per AnnumFree or Rs.400 per Annum (From 2nd year)
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Brokerage CalculatorZerodha Brokerage CalculatorMotilal Oswal Brokerage Calculator

Motilal Oswal & Zerodha Other Charges Comparison

Other ChargesZerodhaMotilal Oswal
Transaction Charges0.00325% of Total Turnover0.00335% 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 ChargesRs 10 / Crore0.00005% (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 Motilal Oswal & Zerodha Offers

OffersZerodhaMotilal Oswal
Free Demat AccountSR
Free Trading AccountSR
Discount on BrokerageRR
Trading Happy HoursSS
Flexible Brokerage PlansSR
1 Month Brokerage FreeSR
Holiday OffersSS
Referral OffersRR
Zero Brokerage for Loss Making TradesSS

Compare Services of Zerodha vs Motilal Oswal

ServicesZerodhaMotilal Oswal
Demat ServicesRR
Trading ServicesRR
3 in 1 AcountSS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsSR
Robo AdvisorySS
PMSRR
Trading InstitutionSS
Trading ExposureUpto 5xUpto 5x

Compare Motilal Oswal & Zerodha Research & Advisory

Research & AdvisoryZerodhaMotilal Oswal
Fundamental ReportsSR
Research ReportsSR
Company ReportsSR
Annual ReportsSR
Company Stock ReviewSR
Free Stock TipsSS
IPO ReportsSR
Top PicksSR
Daily Market ReviewSR
Monthly ReportsSR
Weekly ReportsSR
Offline AdvisorySR
Relationship ManagerSR

Zerodha vs Motilal Oswal Exposure/Leverage

Exposure / LeverageZerodhaMotilal Oswal
Equity Delivery1x1x
Equity IntradayUpto 5xUpto 5x
Equity Futures1x1x
Equity Options1x1x
Currency Futures1x1x
Currency Options1x1x
Commodities1x1x
Margin CalculatorZerodha Margin CalculatorMotilal Oswal Margin Calculator

Zerodha vs Motilal Oswal Product Comparison

ProductsZerodhaMotilal Oswal
Equity TradingRR
Commodity TradingRR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexSR
BankingSS
SIPRR
InsuranceSS

Zerodha vs Motilal Oswal Trading Platform Comparison

Trading PlatformsZerodhaMotilal Oswal
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
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 AdvisoryRR
Interactive ChartsRR
Live MarketsRR
SMS AlertsRR
Email AlertsRR
Multi Account ManagementRR

Zerodha vs Motilal Oswal Customer Support

Customer SupportZerodhaMotilal Oswal
Dedicated DealerSR
Offline TradingSR
Online TradingRR
24*7 SupportRR
Email SupportRR
Chat SupportRS
Toll Free NumberS1800 200 6626
BranchesZero85

Zerodha vs Motilal Oswal Customer Complaints

Complaints (Current Year)ZerodhaMotilal Oswal
Lodged in BSE220178
Resolved in BSE217165
Lodged in NSE189145
Resolved in NSE185130

 


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