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Motilal Oswal Vs Kotak Securities NRI Account Comparison

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

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

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

Motilal Oswal Vs Kotak Securities

 Motilal OswalKotak Securities
 
 Motilal Oswal LogoKotak Securities 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 LtdKotak Securities is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak securities NRI account (NRI 3-in-1 accoun...Know more about Kotak Securities Ltd
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.
Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now

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Motilal Oswal Vs Kotak Securities Charges

 Motilal OswalKotak Securities
NRI Account Opening FeesFree₹3750
NRI Account AMCRs 999₹0
NRI Demat Account Opening FeesRs 0Rs 0 (Free)
NRI Demat Account AMCRs 199 (Free for 1st Year)Rs 600
PIS Account AMCNA₹1000
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open Motilal Oswal AccountOpen Kotak Securities Account

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Motilal Oswal Vs Kotak Securities NRI Account Brokerage Comparison

Account TypeMotilal Oswal NRI Investment AccountKotak Securities NRI Account
Equity Delivery0.50%1.00%
Equity Futures0.05%1.00%
Equity OptionsRs 1001.00%
Open Motilal Oswal AccountOpen Kotak Securities Account

Other Charges

Contract Note Reporting ChargesNA₹0
Other Brokerage ChargesAverage Quarterly Balance: ₹10000
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 Kotak Securities NRI Account Taxes/Fees

 Motilal OswalKotak Securities
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 Kotak Securities NRI Account Margin

 Motilal Oswal MarginKotak Securities 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 Kotak Securities NRI Account Features

 Motilal OswalKotak Securities
3-in-1 AccountNoYes
Automated TradingNoNo
Free Research And TipsYesYes
Other Features
Open Motilal Oswal AccountOpen Kotak Securities Account

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Motilal Oswal Vs Kotak Securities NRI Account Review

 Motilal Oswal ReviewKotak Securities Review
 152 Customer Reviews    Rate Motilal Oswal200 Customer Reviews    Rate Kotak Securities
FeesRated 2.6 starsRated 2.4 stars
BrokerageRated 2.1 starsRated 2.3 stars
Trading PlatformRated 2.8 starsRated 3.2 stars
Customer ServiceRated 2.4 starsRated 2.8 stars
Overall RatingRated 2.2 starsRated 2.4 stars
Broker RatingMotilal Oswal is Rated 2.2 / 5 based on 152 customer reviewsKotak Securities is Rated 2.4 / 5 based on 200 customer reviews
Open Motilal Oswal AccountOpen Kotak Securities Account

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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.
Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now
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Motilal Oswal Vs Kotak Securities NRI Investment Options

 Motilal OswalKotak Securities
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 Kotak Securities NRI Customer Service

 Motilal OswalKotak Securities
Customer Care Number022 6689 6000, 022 6652 9191
Customer Care Emailnricustomerservice@kotak.com
Open Motilal Oswal AccountOpen Kotak Securities Account

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Motilal Oswal Vs Kotak Securities Order Type Offered for NRI Account

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

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Motilal Oswal Vs Kotak Securities - NRI Account Advantages and Disadvantages

 Motilal OswalKotak Securities
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 integrated 3-in-1 Trinity account for fast and smooth trading experience.
  2. Part of the reputed Kotak group
  3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
  4. AMO and GTC order types make it easy for NRIs to place orders at any time.
  5. A dedicated research team for expert advice and recommendations
  6. Offers a range of advanced online trading platforms and tools.
  7. Offers online mutual fund, IPO and NCD investment facility.
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 brokerage charges are higher in comparison to discount stock brokers like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.
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.

Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally.

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.

Kotak SecuritiesSpecial Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage-Rs 10 Intraday trades (Equity and F&O).
  • Flat Rs. 10 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

Open Motilal Oswal AccountOpen Kotak Securities Account