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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 Kotak Securities
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one o...
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, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India.
| Motilal Oswal | Kotak Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 1987 | 1994 |
| Number of Branches | 305 | 153 |
| Open Motilal Oswal Account | Open Kotak Securities Account |
Motilal Oswal trading account opening charges is Rs 0 (Free) while Kotak Securities account opening changes is Rs 0 (Free). Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and Kotak Securities Demat Account AMC Charges is Rs 600.
| Motilal Oswal | Kotak Securities | |
|---|---|---|
| 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) | Rs 600 |
Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower.
| Account Type | Motilal Oswal Default Plan | Kotak Securities Trade Free Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | 0.20% |
| Equity Intraday | Rs 0 (Free for lifetime) | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | 0.02% | Rs 10 per order |
| Equity Options | Rs 20 per lot | Rs 10 per order |
| Currency Futures | Rs 20 per lot | Rs 10 per order |
| Currency Options | Rs 20 per lot | Rs 10 per order |
| Commodity Futures | 0.02% | Rs 10 per order |
| Commodity Options | Rs 200 Per Lot | Rs 10 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: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now |
| Motilal Oswal | Kotak Securities | |
|---|---|---|
| Account Type | Default Plan | Trade Free Youth |
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | Rs 0 |
| Equity Intraday | Rs 0 (Free for lifetime) | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | 0.02% | Rs 10 per order |
| Equity Options | Rs 20 per lot | Rs 10 per order |
| Currency Futures | Rs 20 per lot | Rs 10 per order |
| Currency Options | Rs 20 per lot | Rs 10 per order |
| Commodity Futures | 0.02% | Rs 10 per order |
| Commodity Options | Rs 200 Per Lot | Rs 10 per order |
| Open Motilal Oswal Account | Open Kotak Securities Account |
| Motilal Oswal | Kotak Securities | |
|---|---|---|
| Account Type | Default Plan | Trade Free Pro |
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | 0.10% |
| Equity Intraday | Rs 0 (Free for lifetime) | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | 0.02% | Rs 10 per order |
| Equity Options | Rs 20 per lot | Rs 10 per order |
| Currency Futures | Rs 20 per lot | Rs 10 per order |
| Currency Options | Rs 20 per lot | Rs 10 per order |
| Commodity Futures | 0.02% | Rs 10 per order |
| Commodity Options | Rs 200 Per Lot | Rs 10 per order |
| Open Motilal Oswal Account | Open Kotak Securities Account |
| Minimum Brokerage | Rs 25 for Delivery | |
| Other Charges | ||
| Call & Trade Charges | Free | Rs 49 + GST per executed order |
| Open Motilal Oswal Account | Open Kotak Securities Account |
Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Kotak Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Motilal Oswal | Kotak Securities | |
|---|---|---|
| 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 Kotak Securities Account |
The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.
| Motilal Oswal | Kotak Securities | |
|---|---|---|
| 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 | Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite |
| Intraday Square-off Time | ||
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | |
| Open Motilal Oswal Account | Open Kotak Securities Account |
Motilal Oswal is rated of 5 based on 152 customer reviews whereas Kotak Securities is rated of 5 based on 200 customer reviews.
| Motilal Oswal | Kotak Securities | |
|---|---|---|
152 Customer Reviews  | 200 Customer Reviews | |
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| Trading Platform |  |  |
| Customer Service | | |
| Research Capabilities | |  |
| Overall Rating |  | |
| Broker Rating | Motilal Oswal is Rated 2.2 / 5 based on 152 customer reviews | Kotak Securities is Rated 2.4 / 5 based on 200 customer reviews |
| Motilal Oswal | Kotak Securities | |
|---|---|---|
| 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. | Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now |
| Motilal Oswal | Kotak Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Motilal Oswal | Kotak Securities | |
|---|---|---|
| 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 Kotak Securities Account |
| Motilal Oswal | Kotak Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Motilal Oswal | Kotak Securities | |
|---|---|---|
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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. | Kotak Securities Special OfferKotak Securities Trade Free PlanOpen a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now |
| Open Motilal Oswal Account | Open Kotak Securities Account |
Open Motilal Oswal Account