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Flat ₹10 per Trade in Intraday & F&O
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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 Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL.
AliceBlue offers one simple brokerage plan of Rs 20 for all segments to its customers. The equity delivery brokerage charges are Rs 20 per executed order or 2.5% whichever is lower. For all other segments, Alice Blue charges flat Rs 20 per executed order or 0.05%...
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 0, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| Motilal Oswal | Alice Blue | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 1987 | 0 |
| Number of Branches | 305 | 0 |
| Open Motilal Oswal Account | Open Alice Blue Account |
Motilal Oswal trading account opening charges is Rs 0 (Free) while Alice Blue account opening changes is Rs 0. Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and Alice Blue Demat Account AMC Charges is Rs 400.
| Motilal Oswal | Alice Blue | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 199 (Free for 1st Year) | Rs 400 |
Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas Alice Blue brokerage charges for equity is Rs 20 per order or 2.5% whichever is lower and intraday is Rs 20 per order or 0.05% whichever is lower.
| Account Type | Motilal Oswal Default Plan | Alice Blue Default |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | Rs 20 per order or 2.5% whichever is lower |
| Equity Intraday | Rs 0 (Free for lifetime) | Rs 20 per order or 0.05% whichever is lower |
| Equity Futures | 0.02% | Rs 20 per order or 0.05% whichever is lower |
| Equity Options | Rs 20 per lot | Rs 20 per order |
| Currency Futures | Rs 20 per lot | Rs 20 per order or 0.05% whichever is lower |
| Currency Options | Rs 20 per lot | Rs 20 per order |
| Commodity Futures | 0.02% | Rs 20 per order or 0.05% whichever is lower |
| Commodity Options | Rs 200 Per Lot | Rs 20 per order |
| 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: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. |
| Minimum Brokerage | Rs 25 for Delivery | Rs 0 |
| Other Charges | ||
| Call & Trade Charges | Free | Rs 50 per executed order |
| Open Motilal Oswal Account | Open Alice Blue Account |
Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Motilal Oswal | Alice Blue | |
|---|---|---|
| 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 Alice Blue Account |
The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.
| Motilal Oswal | Alice Blue | |
|---|---|---|
| 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 | Front End: ANT | Back End: Omnesys NEST |
| Intraday Square-off Time | Equity: 3:15PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Motilal Oswal Account | Open Alice Blue Account |
Motilal Oswal is rated of 5 based on 152 customer reviews whereas Alice Blue is rated of 5 based on 40 customer reviews.
| Motilal Oswal | Alice Blue | |
|---|---|---|
152 Customer Reviews  | 40 Customer Reviews | |
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| Broker Rating | Motilal Oswal is Rated 2.2 / 5 based on 152 customer reviews | Alice Blue is Rated 3.1 / 5 based on 40 customer reviews |
| Motilal Oswal | Alice Blue | |
|---|---|---|
| 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. | Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. |
| Motilal Oswal | Alice Blue | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Motilal Oswal | Alice Blue | |
|---|---|---|
| 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 Alice Blue Account |
| Motilal Oswal | Alice Blue | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Motilal Oswal | Alice Blue | |
|---|---|---|
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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. | Alice Blue Special OfferFree Equity Delivery TradeTrade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today. |
| Open Motilal Oswal Account | Open Alice Blue Account |
Open Motilal Oswal Account