Motilal Oswal Vs Firstock (Compare Motilal Oswal and Firstock)

Motilal Oswal Vs Firstock

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 2021, Firstock is a Discount Broker. It offers trading at BSE, NSE. It has branches across India.

	Motilal Oswal	Firstock
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE
Year of Incorporation	1987	2021
Number of Branches	305
	Open Motilal Oswal Account	Open Firstock Account

Motilal Oswal Vs Firstock Charges & AMC

Motilal Oswal trading account opening charges is Rs 0 (Free) while Firstock account opening changes is Rs 0 (Free). Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and Firstock Demat Account AMC Charges is Rs 0 (Free).

	Motilal Oswal	Firstock
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 199 (Free for 1st Year)	Rs 0 (Free)

Motilal Oswal Vs Firstock Brokerage

Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas Firstock brokerage charges for equity is Rs 0 and intraday is Rs 20 per executed order.

Account Type	Motilal Oswal Default Plan	Firstock
Fixed Charges	NA
Equity Delivery	0.20%	Rs 0
Equity Intraday	Rs 0 (Free for lifetime)	Rs 20 per executed order
Equity Futures	0.02%	Rs 20 per order, 0.03% or whichever is lower
Equity Options	Rs 20 per lot	Rs 20 per order, 0.03% or whichever is lower
Currency Futures	Rs 20 per lot
Currency Options	Rs 20 per lot
Commodity Futures	0.02%
Commodity Options	Rs 200 Per 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: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

Motilal Oswal Charges Vs Firstock

Minimum Brokerage	Rs 25 for Delivery	Rs 20
Other Charges
Call & Trade Charges	Free	Rs 50
	Open Motilal Oswal Account	Open Firstock Account

Motilal Oswal Vs Firstock Leverage (Margin)

Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Firstock margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Motilal Oswal	Firstock
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 Firstock Account

Compare Motilal Oswal and Firstock Features

The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. Firstock offers Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web trading software.

	Motilal Oswal	Firstock
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	Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web
Intraday Square-off Time		3:25 PM
Trading In SME Shares Allowed?
Referral Program
Other Features		⁠⁠APIs for Algo Trading
	Open Motilal Oswal Account	Open Firstock Account

Motilal Oswal Vs Firstock Review

Motilal Oswal is rated of 5 based on 152 customer reviews whereas Firstock is rated of 5 based on 1 customer reviews.

	Motilal Oswal	Firstock
	152 Customer Reviews	1 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Motilal Oswal is Rated 2.2 / 5 based on 152 customer reviews	Firstock is Rated 3.0 / 5 based on 1 customer reviews

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Motilal Oswal Vs Firstock Investment Options

	Motilal Oswal	Firstock
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

Motilal Oswal Vs Firstock Order Type Offered

	Motilal Oswal	Firstock
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 Firstock Account

Motilal Oswal Vs Firstock Suitable For Investor Type

	Motilal Oswal	Firstock
Casual Investor
Active Investor
Trader

Motilal Oswal Vs Firstock - Pros and Cons

	Motilal Oswal	Firstock
Pros	35+ years of Trading and Investing experience - Known for their Research in the industry and Wealth Creation Studies by Mr Raamdeo Agarwal who is also known as the "Warren Buffett of India" Free Equity Intraday Trading for Lifetime. Free 1st Month FnO Brokerage up to Rs 1,000 Wide range of investment options - Stocks, Derivatives (Futures & Options), commodities, currencies, IPO, mutual funds, insurance, fixed deposits, Gold, US stocks, Sovereign Gold Bonds, Smallcase expert-curated ready investment baskets, and Intelligent Advisory Portfolios Investors can also buy shares of unlisted companies through PMS services offered by Motilal Oswal Up to 4X margin on a select range of stocks to make the most of your capital Free daily expert research and advisory calls along with a Personal Advisor to help you invest Free Trading Software - Different Apps for Investors and Traders Access to Options Store - Multi-leg options strategy, powered by expert mind and AI algorithm Access to MO Exclusive Smallcase - MO expert-curated small cases for all beginners Stock SIP feature - invest regularly in a stock you love Free and early access to Investor Community - StoCoMo	Single-View Dashboard – Access key market data at a glance: index levels, highs & lows, P/E, P/B, dividend yield, put-call ratio, futures, and synthetic futures. Complete Portfolio View – Track P&L, invested/current value, available & used margin, open positions, and sector-wise holdings snapshot. Indices Tab – Stay updated with Nifty, Bank Nifty, and more; view daily/weekly/monthly performance and live market depth. Quick Market Analysis – Assess trends instantly for better trading decisions. One-Click Options Strategies – Execute Straddle or Strangle quickly by selecting strike range and auto-filling orders for fast, error-free execution. Basket Orders – Use predefined or custom multi-leg strategies (e.g., Iron Condor, Straddle). Advanced Strategy Tools – Review, sequence, check payoff charts, verify margin needs, and execute in one click. Reusable Strategies – Save and apply strategies to any instrument later. Clutter-Free Interface – Only the data you need, presented simply.
Cons	Very high brokerage across all trading segments compared to other full-service brokers like Angel Broking, Edelweiss, Sharekhan, and IIFL.	Businesses, partnerships, and non-resident Indians (NRIs) have to open accounts offline (in person or via mail). Rs 20 charge for orders like buybacks or delistings. No Currency/Commodity Trading.
Reviews
Promo / Offers	Motilal Oswal Special 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.	Firstock Special Offer Unlimited Trades @ ZERO Brokerage on Delivery trades Rs 0 brokerage on Delivery. Rs 20 per executed order on F&O and Intraday. This is a limited-time offer. Open a Free Demat Account online and start trading today.
	Open Motilal Oswal Account	Open Firstock Account