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Motilal Oswal Vs Alice Blue NRI Account Comparison

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

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

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

Motilal Oswal Vs Alice Blue

 Motilal OswalAlice Blue
 
 Motilal Oswal LogoAlice Blue 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 LtdAlice Blue does not offer NRI trading and demat account. As per the company representative on 22nd Nov 2019, ' We wish to inform you that currently, we are not offering our services to NRIs, only Resident Indians can open an account with us. NRI's ca...Know more about Alice Blue Financial Services
Account TypeNRI Investment AccountNA
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: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

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Motilal Oswal Vs Alice Blue Charges

 Motilal OswalAlice Blue
NRI Account Opening FeesFreeNA
NRI Account AMCRs 999NA
NRI Demat Account Opening FeesRs 0Rs 0
NRI Demat Account AMCRs 199 (Free for 1st Year)Rs 400
PIS Account AMCNANA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open Motilal Oswal AccountOpen Alice Blue Account

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Motilal Oswal Vs Alice Blue NRI Account Brokerage Comparison

Account TypeMotilal Oswal NRI Investment AccountAlice Blue NA
Equity Delivery0.50%NA
Equity Futures0.05%NA
Equity OptionsRs 100NA
Open Motilal Oswal AccountOpen Alice Blue Account

Other Charges

Contract Note Reporting ChargesNANA
Other Brokerage ChargesNA
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 Alice Blue NRI Account Taxes/Fees

 Motilal OswalAlice Blue
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 Alice Blue NRI Account Margin

 Motilal Oswal MarginAlice Blue 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 Alice Blue NRI Account Features

 Motilal OswalAlice Blue
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsYesNo
Other Features
Open Motilal Oswal AccountOpen Alice Blue Account

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Motilal Oswal Vs Alice Blue NRI Account Review

 Motilal Oswal ReviewAlice Blue Review
 152 Customer Reviews    Rate Motilal Oswal40 Customer Reviews    Rate Alice Blue
FeesRated 2.6 starsRated 3.7 stars
BrokerageRated 2.1 starsRated 3.7 stars
Trading PlatformRated 2.8 starsRated 3.3 stars
Customer ServiceRated 2.4 starsRated 2.9 stars
Overall RatingRated 2.2 starsRated 3.1 stars
Broker RatingMotilal Oswal is Rated 2.2 / 5 based on 152 customer reviewsAlice Blue is Rated 3.1 / 5 based on 40 customer reviews
Open Motilal Oswal AccountOpen Alice Blue 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.
Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.
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Motilal Oswal Vs Alice Blue NRI Investment Options

 Motilal OswalAlice Blue
StocksYesNo
Initial Public Offers (IPO)YesNo
Mutual FundsYesNo
Other Investment OptionsUnlisted Equity (Stocks), ETF, Ready-made Investment Portfolios (IAP), Smallcases, Stock baskets

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Motilal Oswal Vs Alice Blue NRI Customer Service

 Motilal OswalAlice Blue
Customer Care Number
Customer Care Email
Open Motilal Oswal AccountOpen Alice Blue Account

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Motilal Oswal Vs Alice Blue Order Type Offered for NRI Account

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

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Motilal Oswal Vs Alice Blue - NRI Account Advantages and Disadvantages

 Motilal OswalAlice Blue
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.
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.
  • Alice Blue does not offer NRI trading and demat account.
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.

Alice Blue, the Bangalore based financial service provider, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks.

If you recently become an NRI and have a resident account with Alice Blue, you have to close it and open a new account with another broker who offers NRI services.

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.

Alice BlueSpecial Offer

Free Equity Delivery Trade

Trade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.

Open Motilal Oswal AccountOpen Alice Blue Account