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Motilal Oswal Vs Anand Rathi NRI Account Comparison

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

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

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

Motilal Oswal Vs Anand Rathi

 Motilal OswalAnand Rathi
 
 Motilal Oswal LogoAnand Rathi 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 LtdAnand Rathi offers NRI Trading Account that enables NRIs to invest in Stocks, Mutual Funds, ETFs and Debt Funds in India Stock Markets. Anand Rathi is a full-service broker offering a wide range of services to NRIs. This includes online trading/inves...Know more about Anand Rathi
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.

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 Anand Rathi Charges

 Motilal OswalAnand Rathi
NRI Account Opening FeesFreeRs 0
NRI Account AMCRs 999Rs 0
NRI Demat Account Opening FeesRs 0Rs 0 (Free)
NRI Demat Account AMCRs 199 (Free for 1st Year)450 + GST 18% = 532 (1st year free)
PIS Account AMCNANA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Motilal Oswal Vs Anand Rathi NRI Account Brokerage Comparison

Account TypeMotilal Oswal NRI Investment AccountAnand Rathi NRI Account
Equity Delivery0.50%0.30%
Equity Futures0.05%0.03%
Equity OptionsRs 100Rs 50 per lot
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Other Charges

Contract Note Reporting ChargesNANA
Other Brokerage ChargesDemat AMC: Rs 450 per year
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 Anand Rathi NRI Account Taxes/Fees

 Motilal OswalAnand Rathi
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 Anand Rathi NRI Account Margin

 Motilal Oswal MarginAnand Rathi 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 Anand Rathi NRI Account Features

 Motilal OswalAnand Rathi
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsYesYes
Other Features
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Motilal Oswal Vs Anand Rathi NRI Account Review

 Motilal Oswal ReviewAnand Rathi Review
 152 Customer Reviews    Rate Motilal Oswal18 Customer Reviews    Rate Anand Rathi
FeesRated 2.6 starsRated 3.1 stars
BrokerageRated 2.1 starsRated 3.2 stars
Trading PlatformRated 2.8 starsRated 3.0 stars
Customer ServiceRated 2.4 starsRated 3.2 stars
Overall RatingRated 2.2 starsRated 2.9 stars
Broker RatingMotilal Oswal is Rated 2.2 / 5 based on 152 customer reviewsAnand Rathi is Rated 2.9 / 5 based on 18 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 Anand Rathi NRI Investment Options

 Motilal OswalAnand Rathi
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 Anand Rathi NRI Customer Service

 Motilal OswalAnand Rathi
Customer Care Number0291 666 1001
Customer Care Emailnridesk@rathi.com
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Motilal Oswal Vs Anand Rathi Order Type Offered for NRI Account

 Motilal OswalAnand Rathi
Bracket OrderNoYes
Cover OrderNoYes
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)NoYes

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Motilal Oswal Vs Anand Rathi - NRI Account Advantages and Disadvantages

 Motilal OswalAnand Rathi
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.
  • Advanced online trading platforms.
  • Wide range of online trading platforms
  • Offers research and recommendation tips.
  • Offers Relationship Manager assistance
  • Offers free call & trade facility for NRIs.
  • Can open PIS account with multiple banks.
  • Online Mutual Fund investment is available.
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.
  • Charges brokerage in percentage which is higher than most of the discount brokers.
  • It only offers a 2-in-1 account which means NRIs have to open NRI SB and PIS accounts with other banks.
  • NRIs have to depend on ICCL (3-rd party custodial) for trade settlement. This increases the cost of trading.
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.

Anand Rathi is a recommended choice for NRI investors. Anand Rathi offers value-added services like excellent online trading software, online mutual fund services and research advisory etc. Anand Rathi is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with a 3rd party before opening the NRI trading and demat account with the broker.

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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