The side-by-side comparison of Motilal Oswal and AxisDirect NRI Account. Compare Motilal Oswal Vs AxisDirect NRI Account brokerage charges, exposure margin, demat account and AMC. Read AxisDirect and Motilal Oswal NRI Account reviews.
Find out Motilal Oswal Vs AxisDirect which is better NRI Trading Account. See Motilal Oswal Vs AxisDirect which is best NRI Demat Account.
Our Motilal Oswal Securities Ltd comparison with Axis Securities highlights the major differences between two brokers. Find the best between Motilal Oswal and AxisDirect NRI Account.
| Ā | Motilal Oswal | AxisDirect |
|---|---|---|
| Ā | ||
| Ā |  |  |
| 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... | Axis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account.
Axis Bank has 10 international branch offices across the w... |
| Account Type | NRI Investment Account | NRI 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. | Special Offer: Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless |
| Ā | Motilal Oswal | AxisDirect |
|---|---|---|
| NRI Account Opening Fees | Free | ā¹2500 |
| NRI Account AMC | Rs 999 | ā¹0 |
| NRI Demat Account Opening Fees | Rs 0 | Rs 0 |
| NRI Demat Account AMC | Rs 199 (Free for 1st Year) | Rs 750 (free for 1st year) |
| PIS Account AMC | NA | |
| RBI approval for PIS (One time) | ā¹500 + GST | ā¹500 + GST |
| Open Motilal Oswal Account | Open AxisDirect Account |
| Account Type | Motilal Oswal NRI Investment Account | AxisDirect NRI Account |
|---|---|---|
| Equity Delivery | 0.50% | 0.75% |
| Equity Futures | 0.05% | 0.05% |
| Equity Options | Rs 100 | Intraday: 1p per lot, Carry Forward: ā¹10 per lot |
| Open Motilal Oswal Account | Open AxisDirect Account |
| Contract Note Reporting Charges | NA | |
| Other Brokerage Charges | PIS Acct AMC: ā¹1,500, Minimum Brokerage ā¹50 | |
| 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% |
| Ā | Motilal Oswal | AxisDirect |
|---|---|---|
| Securities Transaction Tax (STT) |
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| Exchange Transaction Charges | Check Exchange Transaction Fee | |
| SEBI Charges | 0.00005% (ā¹5/Crore) | 0.00005% (ā¹5/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. |
| Ā | Motilal Oswal Margin | AxisDirect 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. | ||
| Ā | Motilal Oswal | AxisDirect |
|---|---|---|
| 3-in-1 Account |  |  |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | ||
| Open Motilal Oswal Account | Open AxisDirect Account |
| Ā | Motilal Oswal Review | AxisDirect Review |
|---|---|---|
| Ā | 153 Customer Reviews Ā Ā Ā  | 89 Customer Reviews Ā Ā Ā |
| Fees |  |  |
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| Trading Platform |  |  |
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| Overall Rating |  | |
| Broker Rating | Motilal Oswal is Rated 2.2 / 5 based on 153 customer reviews | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews |
| Open Motilal Oswal Account | Open AxisDirect Account |
| Ā | 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. | Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless |
| Ā | Motilal Oswal | AxisDirect |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options | Unlisted Equity (Stocks), ETF, Ready-made Investment Portfolios (IAP), Smallcases, Stock baskets |
| Ā | Motilal Oswal | AxisDirect |
|---|---|---|
| Customer Care Number | +91 22 4257 0809 | |
| Customer Care Email | ||
| Open Motilal Oswal Account | Open AxisDirect Account |
| Ā | Motilal Oswal | AxisDirect |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Ā | Motilal Oswal | AxisDirect |
|---|---|---|
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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. | AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance. |
| 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. | AxisDirectSpecial OfferZero Intraday Brokerage with Axis Direct!
Limited-time offer! |
| Open Motilal Oswal Account | Open AxisDirect Account |
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