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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 Bajaj Financial
Bajaj Financial Securities Limited (BFSL) is a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India. BFSL, a SEBI registered company offers stockbroking services and is a member of BSE and NSE. BFSL is the depository participant with NSDL and CDSL.
BFSL offers online discount brokerage services in Equity and Derivative Trading, Mutual Funds, Margin Trading Financing, IPO Financing, Spread Financing and Loan Against Securities.
BFSL has two trading platforms - BFSLTrade App (m...
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 Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India.
| Motilal Oswal | Bajaj Financial | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 1987 | 2010 |
| Number of Branches | 305 | 6 |
| Open Motilal Oswal Account | Open Bajaj Financial Account |
Motilal Oswal trading account opening charges is Rs 0 (Free) while Bajaj Financial account opening changes is Rs 0 (Free). Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year).
| Motilal Oswal | Bajaj Financial | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 899 per year |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 199 (Free for 1st Year) | Rs 199 (Free for 1st year) |
Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas Bajaj Financial brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order.
| Account Type | Motilal Oswal Default Plan | Bajaj Financial Freedom Plan |
|---|---|---|
| Fixed Charges | NA | Rs 431 per year |
| Equity Delivery | 0.20% | Rs 0 (Free) |
| 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: Freedom Pack - Free Account Opening + Brokerage Free Equity Delivery + Flat Rs 20 Per Trade Brokerage for Intraday & F&O Open FREE Trading Account. |
| Motilal Oswal | Bajaj Financial | |
|---|---|---|
| Account Type | Default Plan | Professional Pack |
| Fixed Charges | NA | Rs 2500 per year |
| Equity Delivery | 0.20% | Rs 0 (Free) |
| 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 Financial Account |
| Minimum Brokerage | Rs 25 for Delivery | Rs 5 per executed order |
| Other Charges | RMS Auto-Square off: Rs 20 per order | |
| Call & Trade Charges | Free | Rs 20 per trade |
| Open Motilal Oswal Account | Open Bajaj Financial Account |
Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Bajaj Financial margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Motilal Oswal | Bajaj Financial | |
|---|---|---|
| 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 Financial Account |
The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. Bajaj Financial offers BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) trading software.
| Motilal Oswal | Bajaj Financial | |
|---|---|---|
| 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 | BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) |
| Intraday Square-off Time | 3:15 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Motilal Oswal Account | Open Bajaj Financial Account |
Motilal Oswal is rated of 5 based on 152 customer reviews whereas Bajaj Financial is rated of 5 based on 16 customer reviews.
| Motilal Oswal | Bajaj Financial | |
|---|---|---|
152 Customer Reviews  | 16 Customer Reviews | |
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| Broker Rating | Motilal Oswal is Rated 2.2 / 5 based on 152 customer reviews | Bajaj Financial is Rated 3.0 / 5 based on 16 customer reviews |
| Motilal Oswal | Bajaj Financial | |
|---|---|---|
| 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. | Freedom Pack - Free Account Opening + Brokerage Free Equity Delivery + Flat Rs 20 Per Trade Brokerage for Intraday & F&O Open FREE Trading Account. |
| Motilal Oswal | Bajaj Financial | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Motilal Oswal | Bajaj Financial | |
|---|---|---|
| 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 Financial Account |
| Motilal Oswal | Bajaj Financial | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Motilal Oswal | Bajaj Financial | |
|---|---|---|
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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 Financial 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 Financial Account |
Open Motilal Oswal Account