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 Bajaj Broking
Bajaj Broking is the stockbroking arm of the Bajaj Group, a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India offering online Demat, Trading, and investment platforms. Known for its subscription-based flat brokerage, simple onboarding, and an integrated ecosystem covering Stocks, Mutual Funds, Bonds, F&O, IPOs, and Margin Trading Facility (MTF), it is designed for both new...
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 2010, Bajaj Broking is a Discount Broker. It offers trading at BSE, NSE. It has 47 branches across India.
| Motilal Oswal | Bajaj Broking | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 1987 | 2010 |
| Number of Branches | 305 | 47 |
| Open Motilal Oswal Account | Open Bajaj Broking Account |
Motilal Oswal trading account opening charges is Rs 0 (Free) while Bajaj Broking account opening changes is Rs 0 (Free). Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and Bajaj Broking Demat Account AMC Charges is Rs 0 (Free).
| Motilal Oswal | Bajaj Broking | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 199 (Free for 1st Year) | Rs 0 (Free) |
Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas Bajaj Broking brokerage charges for equity is Rs.20 per order and intraday is Rs 20 per order.
| Account Type | Motilal Oswal Default Plan | Bajaj Broking Freedom Plan |
|---|---|---|
| Fixed Charges | NA | Free for 1st year | Rs.431/year thereafter |
| Equity Delivery | 0.20% | Rs.20 per order |
| Equity Intraday | Rs 0 (Free for lifetime) | Rs 20 per order |
| Equity Futures | 0.02% | Rs 20 per order |
| Equity Options | Rs 20 per lot | Rs 20 per order |
| Currency Futures | Rs 20 per lot | |
| Currency Options | Rs 20 per lot | |
| 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. | Special Offer: Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account. |
| Motilal Oswal | Bajaj Broking | |
|---|---|---|
| Account Type | Default Plan | Professional Pack |
| Fixed Charges | NA | Rs 2500 per year |
| Equity Delivery | 0.20% | Rs.10 per order |
| Equity Intraday | Rs 0 (Free for lifetime) | Rs 10 per order |
| Equity Futures | 0.02% | Rs 10 per order |
| Equity Options | Rs 20 per lot | Rs 10 per order |
| Currency Futures | Rs 20 per lot | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.02% | |
| Commodity Options | Rs 200 Per Lot | |
| Open Motilal Oswal Account | Open Bajaj Broking Account |
| Minimum Brokerage | Rs 25 for Delivery | |
| Other Charges | RMS Auto-Square off: Rs 20 per order | |
| Call & Trade Charges | Free | Rs 20 per trade |
| Open Motilal Oswal Account | Open Bajaj Broking Account |
Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Bajaj Broking margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Motilal Oswal | Bajaj Broking | |
|---|---|---|
| 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 Bajaj Broking Account |
The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. Bajaj Broking offers Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform trading software.
| Motilal Oswal | Bajaj Broking | |
|---|---|---|
| 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 | Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform |
| Intraday Square-off Time | 3:15 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Motilal Oswal Account | Open Bajaj Broking Account |
Motilal Oswal is rated of 5 based on 153 customer reviews whereas Bajaj Broking is rated of 5 based on 17 customer reviews.
| Motilal Oswal | Bajaj Broking | |
|---|---|---|
153 Customer Reviews  | 17 Customer Reviews | |
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| Broker Rating | Motilal Oswal is Rated 2.2 / 5 based on 153 customer reviews | Bajaj Broking is Rated 3.1 / 5 based on 17 customer reviews |
| Motilal Oswal | Bajaj Broking | |
|---|---|---|
| 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. | Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account. |
| Motilal Oswal | Bajaj Broking | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Motilal Oswal | Bajaj Broking | |
|---|---|---|
| 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 Bajaj Broking Account |
| Motilal Oswal | Bajaj Broking | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Motilal Oswal | Bajaj Broking | |
|---|---|---|
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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. | Bajaj Broking Special OfferFreedom Plus Pack (Lifetime AMC Free)
This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you. |
| Open Motilal Oswal Account | Open Bajaj Broking Account |
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