ICICIDirect Vs MotilalOswal compare brokerage charges | stock broker india | Best demat account lowest brokerage

ICICI Direct

VS

Motilal Oswal

Background Services
Type of Broker Full Service Full Service
Founded 2000 1987
Active Clients 8,43,975 3,19,138
Product Offered Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds. Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds.
Depository NSDL & CDSL CDSL
Advisory / Research tips
Advisory Yes Yes
Charges
Account Opening Charges
Trading Account Rs. 975 Rs. 0
Demat Account Rs. 975 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account After first year 700 + GST Rs. 300 - Rs. 500
Demat Account After first year 700 + GST Rs. 300 - Rs. 500
Commodity Account Rs. 0 Rs. 300 - Rs. 500
Brokerage Charges
Equity Delivery Rs. 25 or 2.5 % whichever is lower 0.1-0.4% on turnover
Equity Intraday Rs. 15 or 2.5% whichever is lower 0.01-0.04% on turnover
Equity Futures 0.05% on turnover 0.01-0.04% on turnover
Currency Futures Rs. 10 per lot 0.01-0.04% on turnover
Commodity Futures Rs. 0 0.01-0.03% on turnover
Equity Options Rs. 50 per order 25-75 per lot
Currency Options Rs. 10 per lot 25-75 per lot
Commodity Options Rs. 0 0.01-0.03% on turnover
Technology
Trading Platform Trade Racer. Orien Lite.
Features
Shortcut Keys No Yes
Heat Map No Yes
Charting No Yes
Intraday Data (Days) - -
EOD Data (Days) - -
Leverages
Equity Delivery 8x on turnover 4x on turnover
Intraday
Equity Spot 25x on turnover 20x on turnover
Equity Futures and Options 4x on ESM 5x on ESM
Currency Futures and Options 2x on ESM 5x on ESM
Commodity Futures and Options 2.5x on ESM 5x on ESM
Intraday with BO & CO
Equity Spot 28x on turnover 20x on turnover
Equity Futures and Options 7x on ESM 20x on ESM
Currency Futures and Options No leverage 20x on ESM
Commodity Futures and Options No leverage 20x on ESM
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts Yes Yes
Live Chat No Yes
Relationship Manager Yes Yes




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