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 SBI Securities
SBI Securities Ltd is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SBI Securities is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
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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 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.
| Motilal Oswal | SBI Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 1987 | 2001 |
| Number of Branches | 305 | 117 |
| Open Motilal Oswal Account |
Motilal Oswal trading account opening charges is Rs 0 (Free) while SBI Securities account opening changes is Rs 0. Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and SBI Securities Demat Account AMC Charges is Rs 0.
| Motilal Oswal | SBI Securities | |
|---|---|---|
| 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 0 |
Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order.
| Account Type | Motilal Oswal Default Plan | SBI Securities Suvidha |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | 0.50% |
| Equity Intraday | Rs 0 (Free for lifetime) | Rs 20 per order |
| Equity Futures | 0.02% | 0.05% |
| Equity Options | Rs 20 per lot | Rs 50 per lot (sell and buy side) |
| Currency Futures | Rs 20 per lot | Rs 20 per lot |
| Currency Options | Rs 20 per lot | Rs 20 per lot |
| Commodity Futures | 0.02% | 0.05% |
| Commodity Options | Rs 200 Per Lot | Rs 50 (sell and buy side) |
| 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 0.05 for Cash, Rs 0.01 Future |
| Other Charges | ||
| Call & Trade Charges | Free | Free |
| 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 SBI Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Motilal Oswal | SBI 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 |
The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. SBI Securities offers SBI Smart Web, SBI Smart Mobile trading software.
| Motilal Oswal | SBI 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 | SBI Smart Web, SBI Smart Mobile |
| Intraday Square-off Time | 2:45 PM | |
| 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 SBI Securities is rated of 5 based on 165 customer reviews.
| Motilal Oswal | SBI Securities | |
|---|---|---|
153 Customer Reviews  | 165 Customer Reviews | |
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| Broker Rating | Motilal Oswal is Rated 2.2 / 5 based on 153 customer reviews | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews |
| Motilal Oswal | SBI 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. | 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. |
| Motilal Oswal | SBI Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Motilal Oswal | SBI 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 |
| Motilal Oswal | SBI Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Motilal Oswal | SBI 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. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Motilal Oswal Account |
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