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About Motilal Oswal
With over 35 years of industry experience and a client base which expands to more than 50 lakhs, Motilal Oswal Financial Services Ltd. (MOFSL) has become synonymous with India's investment partner. Incorporated in the year 1987, the financial services firm offers trading services in Equity, Commodity, Currency and Derivatives. It also offers other products like Mutual Funds, IPOs, US Stocks, Gold, Insurance, Fixed Income products and readymade portfolios such as Stock Baskets, Intelligent Adviso... 
About Nuvama (Edelweiss)
Incorporated in 2008, Nuvama Wealth & Investment Limited (formerly Edelweiss Broking Ltd.) is a Mumbai, India-based full-service stockbroking firm.
The Retail Broking business of Nuvama offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities, and Futures & Options.
Nuvama offers investment advice backed by research and analysis to its customers across asset classes, trading styles and time horizons. Nuvama has the best...
Incorporated in 1987, Motilal Oswal is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 305 branches across India. Incorporated in 2002, Nuvama (Edelweiss) is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.
| Motilal Oswal | Nuvama (Edelweiss) | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 1987 | 2002 |
| Number of Branches | 305 | 237 |
| Open Motilal Oswal Account | Open Nuvama (Edelweiss) Account |
Motilal Oswal trading account opening charges is Rs 0 (Free) while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).
| Motilal Oswal | Nuvama (Edelweiss) | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 199 (Free for 1st Year) | Rs 500 (1st Year Free) |
Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.
| Account Type | Motilal Oswal Default Plan | Nuvama (Edelweiss) Nuvama Lite |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | 0.20% | Rs 20 per executed order |
| Equity Intraday | Rs 0 (Free for lifetime) | Rs 20 per executed order |
| Equity Futures | 0.02% | Rs 20 per executed order |
| Equity Options | Rs 20 per lot | Rs 20 per executed order |
| Currency Futures | Rs 20 per lot | Rs 20 per executed order |
| Currency Options | Rs 20 per lot | Rs 20 per executed order |
| Commodity Futures | 0.02% | 0.030% |
| Commodity Options | Rs 200 Per Lot | Rs 50 / lot |
| 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: Trade @ flat Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes. |
| Motilal Oswal | Nuvama (Edelweiss) | |
|---|---|---|
| Account Type | Default Plan | Nuvama Elite |
| Fixed Charges | NA | NA |
| Equity Delivery | 0.20% | 0.30% |
| Equity Intraday | Rs 0 (Free for lifetime) | 0.03% |
| Equity Futures | 0.02% | 0.03% |
| Equity Options | Rs 20 per lot | Rs 75 per lot |
| Currency Futures | Rs 20 per lot | 0.02% |
| Currency Options | Rs 20 per lot | Rs 20 per lot |
| Commodity Futures | 0.02% | 0.015% |
| Commodity Options | Rs 200 Per Lot | Rs 30 / lot |
| Open Motilal Oswal Account | Open Nuvama (Edelweiss) Account |
| Minimum Brokerage | Rs 25 for Delivery | 0.03% Equity delivery, 0.01% Intra-day and Futures |
| Other Charges | Margin Funding: 0.08%/day, Research: Rs 50 per month, | |
| Call & Trade Charges | Free | Rs 20 per call |
| Open Motilal Oswal Account | Open Nuvama (Edelweiss) Account |
Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Nuvama (Edelweiss) margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Motilal Oswal | Nuvama (Edelweiss) | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Motilal Oswal Account | Open Nuvama (Edelweiss) Account |
The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.
| Motilal Oswal | Nuvama (Edelweiss) | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE | Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress |
| Intraday Square-off Time | 3:00 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Motilal Oswal Account | Open Nuvama (Edelweiss) Account |
Motilal Oswal is rated of 5 based on 152 customer reviews whereas Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews.
| Motilal Oswal | Nuvama (Edelweiss) | |
|---|---|---|
152 Customer Reviews  | 79 Customer Reviews | |
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| Broker Rating | Motilal Oswal is Rated 2.2 / 5 based on 152 customer reviews | Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews |
| Motilal Oswal | Nuvama (Edelweiss) | |
|---|---|---|
| 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. | Trade @ flat Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes. |
| Motilal Oswal | Nuvama (Edelweiss) | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Motilal Oswal | Nuvama (Edelweiss) | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Motilal Oswal Account | Open Nuvama (Edelweiss) Account |
| Motilal Oswal | Nuvama (Edelweiss) | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Motilal Oswal | Nuvama (Edelweiss) | |
|---|---|---|
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| Promo / Offers | Motilal Oswal Special OfferFREE Account Opening (for a limited time only)
This is a limited-time offer. Simply Open your FREE Demat Account in 5 Minutes. | Nuvama (Edelweiss) Special OfferTrade @ Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)
It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes. |
| Open Motilal Oswal Account | Open Nuvama (Edelweiss) Account |
Open Motilal Oswal Account