The side-by-side comparison of Motilal Oswal and Firstock NRI Account. Compare Motilal Oswal Vs Firstock NRI Account brokerage charges, exposure margin, demat account and AMC. Read Firstock and Motilal Oswal NRI Account reviews.
Find out Motilal Oswal Vs Firstock which is better NRI Trading Account. See Motilal Oswal Vs Firstock which is best NRI Demat Account.
Our Motilal Oswal Securities Ltd comparison with Firstock Broking Private Limited highlights the major differences between two brokers. Find the best between Motilal Oswal and Firstock NRI Account.
| Motilal Oswal | Firstock | |
|---|---|---|
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| About the Broker | Motilal 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... | Firstock is a discount brokerage firm that offers Non-Resident Indians (NRIs) the ability to invest in the Indian stock market through a hybrid account opening process combining online and offline steps. NRIs can trade in equity delivery and derivati... |
| Account Type | NRI Investment Account | Equity (PIS) |
| 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: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges.
Open Free Demat account
with Firstock and start trading today. |
| Motilal Oswal | Firstock | |
|---|---|---|
| NRI Account Opening Fees | Free | |
| NRI Account AMC | Rs 999 | |
| NRI Demat Account Opening Fees | Rs 0 | Rs 0 (Free) |
| NRI Demat Account AMC | Rs 199 (Free for 1st Year) | Rs 0 (Free) |
| PIS Account AMC | NA | |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open Motilal Oswal Account | Open Firstock Account |
| Account Type | Motilal Oswal NRI Investment Account | Firstock Equity (PIS) |
|---|---|---|
| Equity Delivery | 0.50% | 0.5% or Rs 200 per order, whichever is lower |
| Equity Futures | 0.05% | Rs 100 per executed order |
| Equity Options | Rs 100 | Rs 100 per executed order |
| Open Motilal Oswal Account | Open Firstock Account |
| Contract Note Reporting Charges | NA | |
| Other Brokerage Charges | Equity (Non-PIS) - 0.5% or Rs 100 per order, whichever is lower | |
| 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% |
| Motilal Oswal | Firstock | |
|---|---|---|
| Securities Transaction Tax (STT) |
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| Exchange Transaction Charges | Check Exchange Transaction Fee | |
| SEBI Charges | 0.00005% (₹5/Crore) | 0.00005% (₹5/Crore) |
| Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| Stamp Duty | 0.01% 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. |
| Motilal Oswal Margin | Firstock Margin | |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
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. | ||
| Motilal Oswal | Firstock | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading | | |
| Free Research And Tips |  | |
| Other Features | ||
| Open Motilal Oswal Account | Open Firstock Account |
| Motilal Oswal Review | Firstock Review | |
|---|---|---|
153 Customer Reviews  | 1 Customer Reviews | |
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| Overall Rating |  | |
| Broker Rating | Motilal Oswal is Rated 2.2 / 5 based on 153 customer reviews | Firstock is Rated 3.0 / 5 based on 1 customer reviews |
| Open Motilal Oswal Account | Open Firstock Account |
| Motilal Oswal Enquire | Motilal 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. | Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges.
Open Free Demat account
with Firstock and start trading today. |
| Motilal Oswal | Firstock | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options | Unlisted Equity (Stocks), ETF, Ready-made Investment Portfolios (IAP), Smallcases, Stock baskets |
| Motilal Oswal | Firstock | |
|---|---|---|
| Customer Care Number | ||
| Customer Care Email | ||
| Open Motilal Oswal Account | Open Firstock Account |
| Motilal Oswal | Firstock | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Motilal Oswal | Firstock | |
|---|---|---|
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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. | |
| Promo / Offers | Motilal OswalSpecial OfferFREE Account Opening (for a limited time only)
This is a limited-time offer. Simply Open your FREE Demat Account in 5 Minutes. | FirstockSpecial OfferUnlimited Trades @ ZERO Brokerage on Delivery trades
This is a limited-time offer. Open a Free Demat Account online and start trading today. |
| Open Motilal Oswal Account | Open Firstock Account |
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