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 Arihant Capital
Established in 1992, Arihant Capital Markets Limited is a relationship-driven financial services firm with a wide physical presence across India. Its offerings extend beyond trading to include long-term investment and wealth solutions across equities, derivatives, mutual funds, fixed income, PMS, and specialised services for HNIs and NRIs.
Backed by institutional-grade research, portfolio reportin... ![]()
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 1992, Arihant Capital is a Full Service Broker. It offers trading at BSE, NSE. It has 700 branches across India.
| Â | Motilal Oswal | Arihant Capital |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 1987 | 1992 |
| Number of Branches | 305 | 700 |
| Open Motilal Oswal Account |
Motilal Oswal trading account opening charges is Rs 0 (Free) while Arihant Capital account opening changes is Rs 0 (Free). Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and Arihant Capital Demat Account AMC Charges is 1st year Nil; from 2nd year onwards Rs 362 p.a..
| Â | Motilal Oswal | Arihant Capital |
|---|---|---|
| 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) | 1st year Nil; from 2nd year onwards Rs 362 p.a. |
Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas Arihant Capital brokerage charges for equity is Rs 20 per order | 0.03% (whichever is lower) and intraday is Rs 20 per order | 0.03% (whichever is lower).
| Account Type | Motilal Oswal Default Plan | Arihant Capital |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Intraday | Rs 0 (Free for lifetime) | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Futures | 0.02% | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Options | Rs 20 per lot | Rs 50 per lot |
| Currency Futures | Rs 20 per lot | 0.01% of order value |
| Currency Options | Rs 20 per lot | Rs 10 per lot |
| Commodity Futures | 0.02% | MCX: 0.02% order value NCDEX: 0.02% order value |
| Commodity Options | Rs 200 Per Lot | MCX: Rs 50 per lot NCDEX: Rs 20 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. |
| Minimum Brokerage | Rs 25 for Delivery | Rs 20 |
| Other Charges | Online Bank Transfer Charges Rs 0 | |
| Call & Trade Charges | Free | Rs 0 |
| 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 Arihant Capital margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Â | Motilal Oswal | Arihant Capital |
|---|---|---|
| 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. Arihant Capital offers ArihantPlus App trading software.
| Â | Motilal Oswal | Arihant Capital |
|---|---|---|
| 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 | ArihantPlus App |
| Intraday Square-off Time | ||
| Trading In SME Shares Allowed? | ![]() | ![]() |
| Referral Program | ![]() | ![]() |
| Other Features | ||
| Open Motilal Oswal Account |
Motilal Oswal is rated of 5 based on 153 customer reviews whereas Arihant Capital is rated of 5 based on 0 customer reviews.
| Â | Motilal Oswal | Arihant Capital |
|---|---|---|
| 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. |
| Â | Motilal Oswal | Arihant Capital |
|---|---|---|
| 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 |
| Â | Motilal Oswal | Arihant Capital |
|---|---|---|
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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 |