ICICIDirect Vs MotilalOswal compare brokerage charges | stock broker india | Cheapest broker in india

Motilal Oswal

VS

ICICI Direct

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




GET LATEST OFFERS!
  • First 25 Trades Free!
  • 100% Free Demat Account!
  • 90% Brokerage Saving
  • 10-40 Times Extra Margin