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,... 
About Kotak Neo
Incorporated in 1994, Kotak Neo is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides d...
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 1994, Kotak Neo is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India.
| Motilal Oswal | Kotak Neo | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 1987 | 1994 |
| Number of Branches | 305 | 153 |
| Open Motilal Oswal Account | Open Kotak Neo Account |
Motilal Oswal trading account opening charges is Rs 0 (Free) while Kotak Neo account opening changes is Rs 0 (Free). Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and Kotak Neo Demat Account AMC Charges is Rs 600.
| Motilal Oswal | Kotak Neo | |
|---|---|---|
| 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 600 |
Motilal Oswal Brokerage Charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas Kotak Neo brokerage charges for equity is 0.20% (free for the first 30 days) and Intraday is Rs 10 per order or 0.05%, whichever is lower.
| Account Type | Motilal Oswal Default Plan | Kotak Neo Trade Free Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | 0.20% (free for the first 30 days) |
| Equity Intraday | Rs 0 (Free for lifetime) | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | 0.02% | Rs 10 per order |
| Equity Options | Rs 20 per lot | Rs 10 per order |
| Currency Futures | Rs 20 per lot | Rs 10 per order |
| Currency Options | Rs 20 per lot | Rs 10 per order |
| Commodity Futures | 0.02% | Rs 10 per order |
| Commodity Options | Rs 200 Per Lot | Rs 10 per order |
| Special Offer | Special Offer: FREE Account Opening| ₹0 Brokerage for 30 Days (up to ₹1000)| Advisory & Research| Free 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes. | Special Offer: Trade smarter with Kotak Neo low-cost plans. |
| Motilal Oswal | Kotak Neo | |
|---|---|---|
| Account Type | Default Plan | Trade Free Youth |
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | Rs 0 |
| Equity Intraday | Rs 0 (Free for lifetime) | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | 0.02% | Rs 10 per order |
| Equity Options | Rs 20 per lot | Rs 10 per order |
| Currency Futures | Rs 20 per lot | Rs 10 per order |
| Currency Options | Rs 20 per lot | Rs 10 per order |
| Commodity Futures | 0.02% | Rs 10 per order |
| Commodity Options | Rs 200 Per Lot | Rs 10 per order |
| Open Motilal Oswal Account | Open Kotak Neo Account |
| Motilal Oswal | Kotak Neo | |
|---|---|---|
| Account Type | Default Plan | Trade Free Pro |
| Fixed Charges | NA | Rs 249 |
| Equity Delivery | 0.20% | 0.10% (free for the first 30 days) |
| Equity Intraday | Rs 0 (Free for lifetime) | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | 0.02% | Rs 10 per order |
| Equity Options | Rs 20 per lot | Rs 10 per order |
| Currency Futures | Rs 20 per lot | Rs 10 per order |
| Currency Options | Rs 20 per lot | Rs 10 per order |
| Commodity Futures | 0.02% | Rs 10 per order |
| Commodity Options | Rs 200 Per Lot | Rs 10 per order |
| Open Motilal Oswal Account | Open Kotak Neo Account |
| Minimum Brokerage | Rs 25 for Delivery | |
| Other Charges | ||
| Call & Trade Charges | Free | Rs 49 + GST per executed order |
| Open Motilal Oswal Account | Open Kotak Neo Account |
Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Kotak Neo margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Motilal Oswal | Kotak Neo | |
|---|---|---|
| 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 Kotak Neo Account |
The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. Kotak Neo offers Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal trading software.
| Motilal Oswal | Kotak Neo | |
|---|---|---|
| 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 | Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal |
| Intraday Square-off Time | 3:20 P.M | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | |
| Open Motilal Oswal Account | Open Kotak Neo Account |
Motilal Oswal is rated of 5 based on 153 customer reviews whereas Kotak Neo is rated of 5 based on 202 customer reviews.
| Motilal Oswal | Kotak Neo | |
|---|---|---|
153 Customer Reviews  | 202 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service | | |
| Research Capabilities | |  |
| Overall Rating |  | |
| Broker Rating | Motilal Oswal is Rated 2.2 / 5 based on 153 customer reviews | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews |
| Motilal Oswal | Kotak Neo | |
|---|---|---|
| Contact Broker | FREE Account Opening| ₹0 Brokerage for 30 Days (up to ₹1000)| Advisory & Research| Free 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes. | Trade smarter with Kotak Neo low-cost plans. |
| Motilal Oswal | Kotak Neo | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Motilal Oswal | Kotak Neo | |
|---|---|---|
| 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 Kotak Neo Account |
| Motilal Oswal | Kotak Neo | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Motilal Oswal | Kotak Neo | |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
| Reviews | ||
| Promo / Offers | Motilal Oswal Special OfferFREE Account Opening (for a limited time only)
| Kotak Neo Special OfferKotak Neo Trade Free Plan Open a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now |
| Open Motilal Oswal Account | Open Kotak Neo Account |
Expand all
Open Motilal Oswal Account