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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 Aditya Birla Money
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ('NSDL') and the Central Depository Services (India) Limited ('CDSL'). The comp...
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, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India.
| Motilal Oswal | Aditya Birla Money | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 1987 | 1994 |
| Number of Branches | 305 | 800 |
| Open Motilal Oswal Account |
Motilal Oswal trading account opening charges is Rs 0 (Free) while Aditya Birla Money account opening changes is Rs 750. Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and Aditya Birla Money Demat Account AMC Charges is Rs 436.
| Motilal Oswal | Aditya Birla Money | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 750 |
| Trading Account AMC Charges | Rs 0 | Nil |
| Demat Account Opening Charges | Rs 0 | Nil |
| Demat Account AMC Charges | Rs 199 (Free for 1st Year) | Rs 436 |
Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas Aditya Birla Money brokerage charges for equity is 20 and intraday is 20.
| Account Type | Motilal Oswal Default Plan | Aditya Birla Money Trade20 |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | 20 |
| Equity Intraday | Rs 0 (Free for lifetime) | 20 |
| Equity Futures | 0.02% | 20 |
| Equity Options | Rs 20 per lot | 20 |
| Currency Futures | Rs 20 per lot | 20 |
| Currency Options | Rs 20 per lot | 20 |
| 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. | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Motilal Oswal | Aditya Birla Money | |
|---|---|---|
| Account Type | Default Plan | Trade15 (Subscription Rs 999) |
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | 15 |
| Equity Intraday | Rs 0 (Free for lifetime) | 15 |
| Equity Futures | 0.02% | 15 |
| Equity Options | Rs 20 per lot | 15 |
| Currency Futures | Rs 20 per lot | 15 |
| Currency Options | Rs 20 per lot | 15 |
| Commodity Futures | 0.02% | |
| Commodity Options | Rs 200 Per Lot | |
| Open Motilal Oswal Account |
| Motilal Oswal | Aditya Birla Money | |
|---|---|---|
| Account Type | Default Plan | Trade10 (Subscription Rs 2499) |
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | 10 |
| Equity Intraday | Rs 0 (Free for lifetime) | 10 |
| Equity Futures | 0.02% | 10 |
| Equity Options | Rs 20 per lot | 10 |
| Currency Futures | Rs 20 per lot | 10 |
| Currency Options | Rs 20 per lot | 10 |
| Commodity Futures | 0.02% | |
| Commodity Options | Rs 200 Per Lot | |
| Open Motilal Oswal Account |
| Minimum Brokerage | Rs 25 for Delivery | Rs 20 per executed order |
| Other Charges | ||
| Call & Trade Charges | Free | Nil |
| Open Motilal Oswal Account |
Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Aditya Birla Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Motilal Oswal | Aditya Birla Money | |
|---|---|---|
| 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 |
The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. Aditya Birla Money offers Etrade, Advanced web, Mobile invest trading software.
| Motilal Oswal | Aditya Birla Money | |
|---|---|---|
| 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 | Etrade, Advanced web, Mobile invest |
| Intraday Square-off Time | 3:15 | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Insurance and Pension scheme available | |
| Open Motilal Oswal Account |
Motilal Oswal is rated of 5 based on 152 customer reviews whereas Aditya Birla Money is rated of 5 based on 30 customer reviews.
| Motilal Oswal | Aditya Birla Money | |
|---|---|---|
152 Customer Reviews  | 30 Customer Reviews | |
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| Broker Rating | Motilal Oswal is Rated 2.2 / 5 based on 152 customer reviews | Aditya Birla Money is Rated 3.0 / 5 based on 30 customer reviews |
| Motilal Oswal | Aditya Birla Money | |
|---|---|---|
| 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 (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Motilal Oswal | Aditya Birla Money | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Motilal Oswal | Aditya Birla Money | |
|---|---|---|
| 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 |
| Motilal Oswal | Aditya Birla Money | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Motilal Oswal | Aditya Birla Money | |
|---|---|---|
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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. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Motilal Oswal Account |
Open Motilal Oswal Account