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Motilal Oswal Logo

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... Know more about Motilal Oswal

INDmoney Logo

About INDmoney
Founded in 2019, INDmoney Private Limited is India's "Super Finance App" that helps you manage, plan and grow your money and all in one place. With INDmoney, you can track your entire family's finances, set savings goals and invest in various options like Indian stocks, US stocks, mutual funds, ETFs, fixed deposits, IPOs and more. INDmoney is registered with SEBI as an investment advisor. INDmoney acts as a trading and clearing member of NSE, BSE and BSE Star MF and provides transparency and se... Know more about INDmoney

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Motilal Oswal Vs INDmoney

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 2019, INDmoney is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

 Motilal OswalINDmoney
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCXBSE, NSE
Year of Incorporation19872019
Number of Branches3051
Open Motilal Oswal AccountOpen INDmoney Account

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Motilal Oswal Vs INDmoney Charges & AMC

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

 Motilal OswalINDmoney
Trading Account Opening ChargesRs 0 (Free)Rs 0
Trading Account AMC ChargesRs 0Rs 0
Demat Account Opening ChargesRs 0Rs 0
Demat Account AMC ChargesRs 199 (Free for 1st Year)Rs 0

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Motilal Oswal Vs INDmoney Brokerage

Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas INDmoney brokerage charges for equity is 0.05% of order value or Rs 20, whichever is lower and intraday is 0.05% of order value or Rs 20, whichever is lower.

Account TypeMotilal Oswal Default PlanINDmoney Standard Plan
Fixed ChargesNA
Equity Delivery0.20%0.05% of order value or Rs 20, whichever is lower
Equity IntradayRs 0 (Free for lifetime)0.05% of order value or Rs 20, whichever is lower
Equity Futures0.02%Rs 20 per executed order
Equity OptionsRs 20 per lotRs 20 per executed order
Currency FuturesRs 20 per lot
Currency OptionsRs 20 per lot
Commodity Futures0.02%
Commodity OptionsRs 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: Invest in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100.

Motilal Oswal Charges Vs INDmoney

Minimum BrokerageRs 25 for DeliveryRs 2
Other Charges
Call & Trade ChargesFreeRs 500
Open Motilal Oswal AccountOpen INDmoney Account

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Motilal Oswal Vs INDmoney Leverage (Margin)

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

 Motilal OswalINDmoney
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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 AccountOpen INDmoney Account

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Compare Motilal Oswal and INDmoney Features

The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. INDmoney offers INDmoney App, INDstocks App and INDmoney Web Platform trading software.

 Motilal OswalINDmoney
3 in 1 AccountNoNo
Automated TradingYesNo
Margin Trading FundingYesNo
Margin Against Shares (Equity Cash)YesNo
Margin Against Shares (Equity F&O)YesNo
Trading PlatformMO Investor App, MO Trader App, MO Trader Web, MO Trader EXEINDmoney App, INDstocks App and INDmoney Web Platform
Intraday Square-off Time
Trading In SME Shares Allowed?NoYes
Referral ProgramYesNo
Other Features
Open Motilal Oswal AccountOpen INDmoney Account

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Motilal Oswal Vs INDmoney Review

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

 Motilal OswalINDmoney
 152 Customer Reviews    Rate Motilal Oswal1 Customer Reviews    Rate INDmoney
FeesRated 2.6 starsRated 5.0 stars
BrokerageRated 2.1 starsRated 2.0 stars
Trading PlatformRated 2.8 starsRated 4.0 stars
Customer ServiceRated 2.4 starsRated 4.0 stars
Research CapabilitiesRated 2.3 starsRated 2.0 stars
Overall RatingRated 2.2 starsRated 4.0 stars
Broker RatingMotilal Oswal is Rated 2.2 / 5 based on 152 customer reviewsINDmoney is Rated 4.0 / 5 based on 1 customer reviews

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Contact Broker / Request A Call Back

 Motilal OswalINDmoney
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 in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100.

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Motilal Oswal Vs INDmoney Investment Options

 Motilal OswalINDmoney
Stock / EquityYesYes
CommodityYesNo
IPOYesYes
Mutual FundsYesNo
Bond / NCDYesNo
DebtYesNo

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Motilal Oswal Vs INDmoney Order Type Offered

 Motilal OswalINDmoney
Bracket OrderYesYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesNo
Sell Today Buy Tomorrow (STBT)YesNo
After Market Order (AMO)NoNo
Good Till Cancelled (GTC)YesYes
Open Motilal Oswal AccountOpen INDmoney Account

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Motilal Oswal Vs INDmoney Suitable For Investor Type

 Motilal OswalINDmoney
Casual InvestorNoNo
Active InvestorNoYes
TraderYesYes

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Motilal Oswal Vs INDmoney - Pros and Cons

 Motilal OswalINDmoney
Pros
  1. 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"
  2. Free Equity Intraday Trading for Lifetime.
  3. Free 1st Month FnO Brokerage up to Rs 1,000
  4. 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
  5. Investors can also buy shares of unlisted companies through PMS services offered by Motilal Oswal
  6. Up to 4X margin on a select range of stocks to make the most of your capital
  7. Free daily expert research and advisory calls along with a Personal Advisor to help you invest
  8. Free Trading Software - Different Apps for Investors and Traders
  9. Access to Options Store - Multi-leg options strategy, powered by expert mind and AI algorithm
  10. Access to MO Exclusive Smallcase - MO expert-curated small cases for all beginners
  11. Stock SIP feature - invest regularly in a stock you love
  12. Free and early access to Investor Community - StoCoMo
  1. Zero-cost trading account opening.
  2. INDmoney AMC charges are Rs 0 (lifetime).
  3. Invest in Indian and US stocks from one app.
  4. Pledge & Unpledge: Rs 20 + GST per ISIN per request.
  5. INDmoney for US stocks: Direct Access (NSEIX) and Zero AMC and Withdrawal Charges.
  6. Mutual Fund: Invest in 1600+ Direct Plan Mutual Funds.
  7. Invest in NPS: Efficient Retirement Planning. Save up to Rs 62,400/- per year in taxes with NPS.
  8. Family Accounts: Manage All your Family Accounts.
Cons
  • Very high brokerage across all trading segments compared to other full-service brokers like Angel Broking, Edelweiss, Sharekhan, and IIFL.
  1. No Margin Trading Funding — Borrowed funds for leveraged trades are not available.
  2. No Currency or Commodity Trading — Limited to equity, mutual funds, and US stock segments.
  3. No 3-in-1 Account — Banking, demat, and trading are not linked together.
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.

INDmoney Special Offer

Free stock trading and mutual funds Account

  • Lifetime FREE Demat account AMC
  • Brokerage free Mutual Fund investment
  • Invest in Indian and US stocks from one app
  • 4X instant wallet boost with MTF at just 0.04% interest per day
  • Flat ₹20 brokerage per trade across all F&O segments
  • Zero Fees on US stocks deposits and Withdrawals
  • Track all finances and know your net worth

Limited-time offer!

Open your instant INDmoney account (FREE) online and start trading today.

Open Motilal Oswal AccountOpen INDmoney Account


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