Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Motilal Oswal Vs Fyers NRI Account Comparison

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

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

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

Motilal Oswal Vs Fyers

 Motilal OswalFyers
 
 Motilal Oswal LogoFyers 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 LtdFyers is an online stock broker in India. Fyers offers regulated stock broking platforms that operate under SEBI and Stock Exchanges regulations and guidelines. It offers a 2-in-1 account combining trading and demat accounts with trading in Equity d...Know more about Fyers Securities Ltd
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.
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Expand

Motilal Oswal Vs Fyers Charges

 Motilal OswalFyers
NRI Account Opening FeesFreeFree
NRI Account AMCRs 999Free
NRI Demat Account Opening FeesRs 0Rs 0 (Free)
NRI Demat Account AMCRs 199 (Free for 1st Year)Rs 0 (Free AMC for Lifetime)
PIS Account AMCNANA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open Motilal Oswal AccountOpen Fyers Account

Expand

Motilal Oswal Vs Fyers NRI Account Brokerage Comparison

Account TypeMotilal Oswal NRI Investment AccountFyers NRI Account
Equity Delivery0.50%₹50 and 0.5% for other services
Equity Futures0.05%₹50 per traded order
Equity OptionsRs 100₹50 per traded order
Open Motilal Oswal AccountOpen Fyers Account

Other Charges

Contract Note Reporting ChargesNANA
Other Brokerage Charges
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%
Expand

Motilal Oswal Vs Fyers NRI Account Taxes/Fees

 Motilal OswalFyers
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.

Expand

Motilal Oswal Vs Fyers NRI Account Margin

 Motilal Oswal MarginFyers 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.


Expand

Motilal Oswal and Fyers NRI Account Features

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

Expand

Motilal Oswal Vs Fyers NRI Account Review

 Motilal Oswal ReviewFyers Review
 152 Customer Reviews    Rate Motilal Oswal37 Customer Reviews    Rate Fyers
FeesRated 2.6 starsRated 3.4 stars
BrokerageRated 2.1 starsRated 3.5 stars
Trading PlatformRated 2.8 starsRated 3.2 stars
Customer ServiceRated 2.4 starsRated 2.9 stars
Overall RatingRated 2.2 starsRated 2.9 stars
Broker RatingMotilal Oswal is Rated 2.2 / 5 based on 152 customer reviewsFyers is Rated 2.9 / 5 based on 37 customer reviews
Open Motilal Oswal AccountOpen Fyers Account

Expand

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 (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.
*

Motilal Oswal Vs Fyers NRI Investment Options

 Motilal OswalFyers
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment OptionsUnlisted Equity (Stocks), ETF, Ready-made Investment Portfolios (IAP), Smallcases, Stock baskets

Expand

Motilal Oswal Vs Fyers NRI Customer Service

 Motilal OswalFyers
Customer Care Number080-45699999
Customer Care Emailsupport@fyers.in
Open Motilal Oswal AccountOpen Fyers Account

Expand

Motilal Oswal Vs Fyers Order Type Offered for NRI Account

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

Expand

Motilal Oswal Vs Fyers - NRI Account Advantages and Disadvantages

 Motilal OswalFyers
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.
  1. Free online account opening and AMC charges
  2. Free equity delivery trading. No brokerage for cash & carry trades.
  3. Discount stock broker offering ultra-low brokerage. Fyers charges flat Rs 20 per trade maximum brokerage across trading segments and irrespective of the size of the trade.
  4. No hidden charges. Very transparent fees/charges.
  5. In-house build trading platform offers flexibility to implement new features/services quickly.
  6. All trading software is available for free of charge.
  7. Fyers NRI account holders get access to research reports and economic calendar
  8. Refer your friends and earn 20% of the revenues generated by your friends, for life!
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.
  1. Fyers NRI account holders are not allowed to invest in currency derivatives.
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.

Fyers is a good option for NRIs who want to invest in the stock market and mutual funds in India. It has a Zero account opening and AMC charges. It offers a convenient way to invest with low brokerage charges. Fyers NRI account opening contact number - 080-45699999 and Fyers NRI account opening email ID - support@fyers.in.

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.

FyersSpecial Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

Open Motilal Oswal AccountOpen Fyers Account