Motilal Oswal
VS
Axis Direct
| Background Services | ||
|---|---|---|
| Type of Broker | Full Service | Full Service |
| Founded | 1987 | 2011 |
| Active Clients | 3,19,138 | 4,19,455 |
| 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, Fixed Deposits. |
| Depository | CDSL | NSDL & CDSL |
| Advisory / Research tips | ||
| Advisory | Yes | Yes |
| Charges | ||
| Account Opening Charges | ||
| Trading Account | Rs. 0 | Rs. 999 |
| Demat Account | Rs. 0 | Rs. 0 |
| Commodity Account | Rs. 0 | Rs. 0 |
| Annual Maintenance Charges | ||
| Trading Account | Rs. 300 - Rs. 500 | Rs. 499 |
| Demat Account | Rs. 300 - Rs. 500 | Rs. 0 |
| Commodity Account | Rs. 300 - Rs. 500 | Rs. 0 |
| Brokerage Charges | ||
| Equity Delivery | 0.1-0.4% on turnover | Rs. 20 per order |
| Equity Intraday | 0.01-0.04% on turnover | Rs. 20 per order |
| Equity Futures | 0.01-0.04% on turnover | Rs. 20 per order |
| Currency Futures | 0.01-0.04% on turnover | Rs. 20 per order |
| Commodity Futures | 0.01-0.03% on turnover | Rs. 20 per order |
| Equity Options | 25-75 per lot | Rs. 20 per order |
| Currency Options | 25-75 per lot | Rs. 20 per order |
| Commodity Options | 0.01-0.03% on turnover | Rs. 20 per order |
| Technology | ||
| Trading Platform | Orien Lite. | Swift Trade 3.0. |
| Features | ||
| Shortcut Keys | Yes | Yes |
| Heat Map | Yes | Yes |
| Charting | Yes | Yes |
| Intraday Data (Days) | - | - |
| EOD Data (Days) | - | - |
| Leverages | ||
| Equity Delivery | 4x on turnover | No leverage |
| Intraday | ||
| Equity Spot | 20x on turnover | 20x on turnover |
| Equity Futures and Options | 5x on ESM | No leverage |
| Currency Futures and Options | 5x on ESM | No leverage |
| Commodity Futures and Options | 5x on ESM | No leverage |
| Intraday with BO & CO | ||
| Equity Spot | 20x on turnover | No leverage |
| Equity Futures and Options | 20x on ESM | No leverage |
| Currency Futures and Options | 20x on ESM | No leverage |
| Commodity Futures and Options | 20x on ESM | No leverage |
| Customer Support | ||
| Phone | Yes | Yes |
| Yes | Yes | |
| Transaction Alerts | Yes | Yes |
| Live Chat | Yes | Yes |
| Relationship Manager | Yes | Yes |
GET LATEST OFFERS!
- First 25 Trades Free!
- 100% Free Demat Account!
- 90% Brokerage Saving
- 10-40 Times Extra Margin