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 Share.Market
Share.Market, launched for the public in August 2023, is a stock market platform of PhonePe. This platform allows users to explore, invest, and trade in various financial instruments, including stocks, ETFs, Futures & Options (F&O), and WealthBaskets.
PhonePe, a popular digital payment platform, has launched a new app called Share.Market for share trading. The app is offered by PhonePe Wea...
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 2023, Share.Market is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.
| Motilal Oswal | Share.Market | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 1987 | 2023 |
| Number of Branches | 305 | 0 |
| Open Motilal Oswal Account |
Motilal Oswal trading account opening charges is Rs 0 (Free) while Share.Market account opening changes is Rs 0 (free). Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and Share.Market Demat Account AMC Charges is Rs 180 (free for 1st year).
| Motilal Oswal | Share.Market | |
|---|---|---|
| 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 180 (free for 1st year) |
Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas Share.Market brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).
| Account Type | Motilal Oswal Default Plan | Share.Market ZERO brokerage till 31st Mar 2025 |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | Rs 0 (Free) |
| Equity Intraday | Rs 0 (Free for lifetime) | Rs 0 (Free) |
| Equity Futures | 0.02% | Rs 0 (Free) |
| Equity Options | Rs 20 per lot | Rs 0 (Free) |
| 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. | 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. |
| Motilal Oswal | Share.Market | |
|---|---|---|
| Account Type | Default Plan | Default Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | Rs 20 per executed order or 0.05% whichever is low |
| Equity Intraday | Rs 0 (Free for lifetime) | Rs 20 per executed order or 0.05% whichever is low |
| Equity Futures | 0.02% | Rs 20 per executed order |
| Equity Options | Rs 20 per lot | Rs 20 per executed 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 |
| Minimum Brokerage | Rs 25 for Delivery | |
| Other Charges | ||
| Call & Trade Charges | 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 Share.Market margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Motilal Oswal | Share.Market | |
|---|---|---|
| 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. Share.Market offers Share.Market website and mobile app trading software.
| Motilal Oswal | Share.Market | |
|---|---|---|
| 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 | Share.Market website and mobile app |
| Intraday Square-off Time | 3:10 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 Share.Market is rated of 5 based on 3 customer reviews.
| Motilal Oswal | Share.Market | |
|---|---|---|
153 Customer Reviews  | 3 Customer Reviews | |
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| Broker Rating | Motilal Oswal is Rated 2.2 / 5 based on 153 customer reviews | Share.Market is Rated 3.7 / 5 based on 3 customer reviews |
| Motilal Oswal | Share.Market | |
|---|---|---|
| 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 | Share.Market | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Motilal Oswal | Share.Market | |
|---|---|---|
| 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 | Share.Market | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Motilal Oswal | Share.Market | |
|---|---|---|
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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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