Motilal Oswal Vs Zerodha | Broker Comparison and Charges | Best trading account | Discover Broker

Motilal Oswal

VS

Zerodha

Background Services
Type of Broker Full Service Discount Broker
Founded 1987 2010
Active Clients 3,19,138 9,09,008
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 CDSL
Advisory / Research tips
Advisory Yes No
Charges
Account Opening Charges
Trading Account Rs. 0 Rs. 300
Demat Account Rs. 0 Rs. 0
Commodity Account Rs. 0 Rs. 200
Annual Maintenance Charges
Trading Account Rs. 300 - Rs. 500 Rs. 0
Demat Account Rs. 300 - Rs. 500 Rs. 300
Commodity Account Rs. 300 - Rs. 500 Rs. 0
Brokerage Charges
Equity Delivery 0.1-0.4% on turnover Rs. 0
Equity Intraday 0.01-0.04% on turnover Rs. 20 or 0.01% on turnover (whichever is lower) per order
Equity Futures 0.01-0.04% on turnover Rs. 20 or 0.01% on turnover (whichever is lower) per order
Currency Futures 0.01-0.04% on turnover Rs. 20 or 0.01% on turnover (whichever is lower) per order
Commodity Futures 0.01-0.03% on turnover Rs. 20 or 0.01% on turnover (whichever is lower) 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. Pi, Kite Mobile & Web.
Features
Shortcut Keys Yes Yes
Heat Map Yes Yes
Charting Yes Yes
Intraday Data (Days) - 21+ Days
EOD Data (Days) - 5475+ Days (15 Years)
Leverages
Equity Delivery 4x on turnover No Leverage
Intraday
Equity Spot 20x on turnover 14x on turnover
Equity Futures and Options 5x on ESM 2.5x on ESM
Currency Futures and Options 5x on ESM 2x on ESM
Commodity Futures and Options 5x on ESM 2x 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 4x on ESM
Commodity Futures and Options 20x on ESM 4x on ESM
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts Yes Yes
Live Chat Yes No
Relationship Manager Yes No




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