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Motilal Oswal Vs Tradingo NRI Account Comparison

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

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

Our Motilal Oswal Securities Ltd comparison with Tradingo (Swastika Investmart Ltd) highlights the major differences between two brokers. Find the best between Motilal Oswal and Tradingo NRI Account.

Motilal Oswal Vs Tradingo

 Motilal OswalTradingo
 
 Motilal Oswal LogoTradingo 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 LtdTradingo is an online broker offering stock market investment and trading services to the resident as well as NRI investors. Tradingo is a part of Swastika Investmart Ltd., a traditional full-service broker with over 29 years of stockbroking experien...Know more about Tradingo (Swastika Investmart Ltd)
Account TypeNRI Investment AccountNRI Standard Plan
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: Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer

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Motilal Oswal Vs Tradingo Charges

 Motilal OswalTradingo
NRI Account Opening FeesFreeRs 300
NRI Account AMCRs 999Rs 0
NRI Demat Account Opening FeesRs 0Rs 0
NRI Demat Account AMCRs 199 (Free for 1st Year)Rs 250 +GST (From 2nd Year)
PIS Account AMCNANA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open Motilal Oswal AccountOpen Tradingo Account

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Motilal Oswal Vs Tradingo NRI Account Brokerage Comparison

Account TypeMotilal Oswal NRI Investment AccountTradingo NRI Standard Plan
Equity Delivery0.50%PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade
Equity Futures0.05%Rs 50 per executed order
Equity OptionsRs 100Rs 50 per executed order
Open Motilal Oswal AccountOpen Tradingo Account

Other Charges

Contract Note Reporting ChargesNANA
Other Brokerage ChargesDemat Account AMC - Rs 300
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 Tradingo NRI Account Taxes/Fees

 Motilal OswalTradingo
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 Tradingo NRI Account Margin

 Motilal Oswal MarginTradingo 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 Tradingo NRI Account Features

 Motilal OswalTradingo
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsYesNo
Other Features
Open Motilal Oswal AccountOpen Tradingo Account

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Motilal Oswal Vs Tradingo NRI Account Review

 Motilal Oswal ReviewTradingo Review
 152 Customer Reviews    Rate Motilal Oswal6 Customer Reviews    Rate Tradingo
FeesRated 2.6 starsRated 4.2 stars
BrokerageRated 2.1 starsRated 4.7 stars
Trading PlatformRated 2.8 starsRated 3.5 stars
Customer ServiceRated 2.4 starsRated 3.8 stars
Overall RatingRated 2.2 starsRated 4.0 stars
Broker RatingMotilal Oswal is Rated 2.2 / 5 based on 152 customer reviewsTradingo is Rated 4.0 / 5 based on 6 customer reviews
Open Motilal Oswal AccountOpen Tradingo 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.
Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer
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Motilal Oswal Vs Tradingo NRI Investment Options

 Motilal OswalTradingo
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 Tradingo NRI Customer Service

 Motilal OswalTradingo
Customer Care Number+91 9667657700,+91 9667658800
Customer Care Emailhelpdesk@gotradingo.com
Open Motilal Oswal AccountOpen Tradingo Account

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Motilal Oswal Vs Tradingo Order Type Offered for NRI Account

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

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Motilal Oswal Vs Tradingo - NRI Account Advantages and Disadvantages

 Motilal OswalTradingo
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.
  • Simple brokerage model.
  • Allows Equity Stocks investment using a non-PIS account.
  • Allows linking the trading account with any NRI bank account opened with a designated bank in India.
  • Offers to trade via mobile app, website, or trading terminal.
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.
  • Only offers a 2-in-1 account which increases the paperwork to open separate NRI bank account with other banks.
  • Higher Brokerage charges for non-PIS account.
  • Clients need to pay to avail of research services.
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.

Tradingo is a discount broker that offers 2-in-1 account services to NRI at ultra-low-cost brokerage charges. You can link or open an NRI bank account with any designated bank of your choice. Tradingo also offers advanced trading platforms to NRI to trade via mobile, web, or desktop software.

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.

TradingoSpecial Offer

Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery and pay Rs 20 per executed order or 0.05% (whichever is lower) brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Open Motilal Oswal AccountOpen Tradingo Account