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Motilal Oswal Vs AxisDirect NRI Account Comparison

The side-by-side comparison of Motilal Oswal and AxisDirect NRI Account. Compare Motilal Oswal Vs AxisDirect NRI Account brokerage charges, exposure margin, demat account and AMC. Read AxisDirect and Motilal Oswal NRI Account reviews.

Find out Motilal Oswal Vs AxisDirect which is better NRI Trading Account. See Motilal Oswal Vs AxisDirect which is best NRI Demat Account.

Our Motilal Oswal Securities Ltd comparison with Axis Securities highlights the major differences between two brokers. Find the best between Motilal Oswal and AxisDirect NRI Account.

Motilal Oswal Vs AxisDirect

 Motilal OswalAxisDirect
 
 Motilal Oswal LogoAxisDirect Logo
About the BrokerMotilal Oswal is one of the most trusted and experienced financial services companies in India. With over three decades of experience, the financial services provider offers comprehensive financial solutions to NRIs across the globe. Motilal Oswal of...Know more about Motilal Oswal Securities LtdAxis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w...Know more about Axis Securities
Account TypeNRI Investment AccountNRI Account
Special Offer
Special Offer: Flat Brokerage Rs 20/lot + FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


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Motilal Oswal Vs AxisDirect Charges

 Motilal OswalAxisDirect
NRI Account Opening FeesFree₹2500
NRI Account AMCRs 999₹0
NRI Demat Account Opening FeesRs 0Rs 0
NRI Demat Account AMCRs 199 (Free for 1st Year)Rs 750 (free for 1st year)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Motilal Oswal Vs AxisDirect NRI Account Brokerage Comparison

Account TypeMotilal Oswal NRI Investment AccountAxisDirect NRI Account
Equity Delivery0.50%0.75%
Equity Futures0.05%0.05%
Equity OptionsRs 100Intraday: 1p per lot, Carry Forward: ₹10 per lot
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Other Charges

Contract Note Reporting ChargesNA
Other Brokerage ChargesPIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
TDS Charges on Long Term Gain (Holding > 365 Days)11.96%11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days)17.94%17.94%
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Motilal Oswal Vs AxisDirect NRI Account Taxes/Fees

 Motilal OswalAxisDirect
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)
Exchange Transaction ChargesCheck Exchange Transaction Fee
SEBI Charges0.00005% (₹5/Crore)0.00005% (₹5/Crore)
Goods and Services Tax (GST)18% on (brokerage + transaction charges)18% on (brokerage + transaction charges)
Stamp Duty0.01% on delivery based turnover and 0.002% on non-delivery based turnover.0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

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Motilal Oswal Vs AxisDirect NRI Account Margin

 Motilal Oswal MarginAxisDirect Margin
Equity Delivery1x1x
Equity Futures1x1x
Equity Options1x1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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Motilal Oswal and AxisDirect NRI Account Features

 Motilal OswalAxisDirect
3-in-1 AccountNoYes
Automated TradingNoNo
Free Research And TipsYesYes
Other Features
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Motilal Oswal Vs AxisDirect NRI Account Review

 Motilal Oswal ReviewAxisDirect Review
 152 Customer Reviews    Rate Motilal Oswal89 Customer Reviews    Rate AxisDirect
FeesRated 2.6 starsRated 2.0 stars
BrokerageRated 2.1 starsRated 1.8 stars
Trading PlatformRated 2.8 starsRated 2.5 stars
Customer ServiceRated 2.4 starsRated 2.1 stars
Overall RatingRated 2.2 starsRated 2.0 stars
Broker RatingMotilal Oswal is Rated 2.2 / 5 based on 152 customer reviewsAxisDirect is Rated 2.0 / 5 based on 89 customer reviews
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Contact Broker / Request A Call Back

 Motilal Oswal EnquireMotilal Oswal Enquire
Contact Broker
Flat Brokerage Rs 20/lot + FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes.
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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Motilal Oswal Vs AxisDirect NRI Investment Options

 Motilal OswalAxisDirect
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment OptionsUnlisted Equity (Stocks), ETF, Ready-made Investment Portfolios (IAP), Smallcases, Stock baskets

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Motilal Oswal Vs AxisDirect NRI Customer Service

 Motilal OswalAxisDirect
Customer Care Number+91 22 4257 0809
Customer Care Email
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Motilal Oswal Vs AxisDirect Order Type Offered for NRI Account

 Motilal OswalAxisDirect
Bracket OrderNoYes
Cover OrderNoYes
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)NoYes

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Motilal Oswal Vs AxisDirect - NRI Account Advantages and Disadvantages

 Motilal OswalAxisDirect
Pros
  1. Full-service broker with a range of trading & investment services.
  2. A strong research team that provides investment advice and trade recommendations.
  3. Presence across 2,200 locations in over 500 cities in India.
  1. Offers 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
Cons
  1. MOSFL doesn't offer 3-in-1 account services. So, NRIs have to first transfer money from PIS account to trading account before placing an order.
  2. It doesn't have offices in any foreign locations.
  3. Brokerage is higher in comparison with discount stock brokers like Zerodha and Prostocks.
  1. The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
Conclusion

Motilal Oswal is a popular name in the financial services industry in India. The company offers a range of online trading and investment services to NRIs. NRIs get free access to the trading platform and dedicated research team that provides market insights through published reports on the economy, market trends, and sectors. Higher brokerage makes it expensive for investors/traders who don't need advisory services.

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

Promo / Offers

Motilal OswalSpecial Offer

FREE Account Opening (for a limited time only)

  • Flat Brokerage Rs 20/lot,
  • FREE Account Opening,
  • Free Intraday Trades,
  • Free F&O brokerage for 1st Month,
  • FREE Personal Advisor and Research,
  • FREE for 1st Year Demat AMC.

This is a limited-time offer. Simply Open your FREE Demat Account in 5 Minutes.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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