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Motilal Oswal Vs Geojit NRI Account Comparison

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

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

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

Motilal Oswal Vs Geojit

 Motilal OswalGeojit
 
 Motilal Oswal LogoGeojit 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 LtdGeojit BNP Paribas is a leading full-time stockbroker with a strong presence in Southern India and the Middle East. The company offers NRI services to non-resident Indian investors residing in Oman, Kuwait, Bahrain, Saudi Arabia, and the U.A.E only. ...Know more about Geojit BNP Paribas
Account TypeNRI Investment 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 Geojit Charges

 Motilal OswalGeojit
NRI Account Opening FeesFree
NRI Account AMCRs 999
NRI Demat Account Opening FeesRs 0Rs 0 (Free)
NRI Demat Account AMCRs 199 (Free for 1st Year)Rs 400 per year
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Motilal Oswal Vs Geojit NRI Account Brokerage Comparison

Account TypeMotilal Oswal NRI Investment AccountGeojit
Equity Delivery0.50%
Equity Futures0.05%
Equity OptionsRs 100
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Other Charges

Contract Note Reporting ChargesNA
Other Brokerage Charges
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 Geojit NRI Account Taxes/Fees

 Motilal OswalGeojit
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 Geojit NRI Account Margin

 Motilal Oswal MarginGeojit 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 Geojit NRI Account Features

 Motilal OswalGeojit
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsYesYes
Other Features
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Motilal Oswal Vs Geojit NRI Account Review

 Motilal Oswal ReviewGeojit Review
 152 Customer Reviews    Rate Motilal Oswal113 Customer Reviews    Rate Geojit
FeesRated 2.6 starsRated 3.5 stars
BrokerageRated 2.1 starsRated 3.2 stars
Trading PlatformRated 2.8 starsRated 3.9 stars
Customer ServiceRated 2.4 starsRated 3.7 stars
Overall RatingRated 2.2 starsRated 3.6 stars
Broker RatingMotilal Oswal is Rated 2.2 / 5 based on 152 customer reviewsGeojit is Rated 3.6 / 5 based on 113 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 Geojit NRI Investment Options

 Motilal OswalGeojit
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 Geojit NRI Customer Service

 Motilal OswalGeojit
Customer Care Number+91 0484 3911777
Customer Care Emailcustomercare@geojit.com
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Motilal Oswal Vs Geojit Order Type Offered for NRI Account

 Motilal OswalGeojit
Bracket OrderNoNo
Cover OrderNoNo
After Market Order (AMO)NoNo
Good Till Cancelled (GTC)NoNo

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Motilal Oswal Vs Geojit - NRI Account Advantages and Disadvantages

 Motilal OswalGeojit
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.
  • 30+ years of experience in the capital market in India.
  • Strong physical presence in Gulf countries through tie-ups with other prominent financial services providers in these countries.
  • Dedicated research team offers investment and research tips to NRIs.
  • Equity Derivatives NRI traders do not require separate Custodial account as Geojit is a clearing member and clear the trade by themselves.
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.
  • NRI Account is available only to residents of UAE, Saudi Arabia, Bahrain, Kuwait or Oman.
  • Doesn't offer services to the US, UK, Australia or Canada based NRIs.
  • Doesn't offer a 3-in-1 account. An NRI has to open a bank account with another company.
  • High brokerage charges when compared with discount brokers like Zerodha, Prostocks, etc.
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.

Geojit is a highly recommended broker for NRIs residing in Middle East countries. It has 480+ offices and a dedicated Call Centre to offer quality services to NRIs. The company also offers strong research services to help NRIs make informed trading decisions. Other investment options including Mutual Funds, PMS and IPO make them preferred broker for many NRIs in the Gulf.

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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