Mirae Asset Sharekhan Vs Motilal Oswal (Compare Mirae Asset Sharekhan and Motilal Oswal)

Mirae Asset Sharekhan Vs Motilal Oswal

Incorporated in 2000, Mirae Asset Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 1987, Motilal Oswal is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 305 branches across India.

	Mirae Asset Sharekhan	Motilal Oswal
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	2000	1987
Number of Branches	2800	305
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Mirae Asset Sharekhan Vs Motilal Oswal Charges & AMC

Mirae Asset Sharekhan trading account opening charges is Rs 0 (Free) while Motilal Oswal account opening changes is Rs 0 (Free). Mirae Asset Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year).

	Mirae Asset Sharekhan	Motilal Oswal
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 400 (Free for 1st year)	Rs 199 (Free for 1st Year)

Mirae Asset Sharekhan Vs Motilal Oswal Brokerage

Mirae Asset Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime).

Account Type	Mirae Asset Sharekhan Classic Account	Motilal Oswal Default Plan
Fixed Charges		NA
Equity Delivery	0.30% on market rate or minimum 1 paisa per share	0.20%
Equity Intraday	0.02% on market rate or minimum 1 paisa per share	Rs 0 (Free for lifetime)
Equity Futures	0.02% per transaction value	0.02%
Equity Options	Rs 39 per lot	Rs 20 per lot
Currency Futures	0.02% per transaction value	Rs 20 per lot
Currency Options	Rs 5 per lot	Rs 20 per lot
Commodity Futures	0.02%	0.02%
Commodity Options	Rs 20 per lot	Rs 200 Per Lot
Special Offer	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.	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.

Mirae Asset Sharekhan Vs Motilal Oswal Brokerage Plan 2

	Mirae Asset Sharekhan	Motilal Oswal
Account Type	Prepaid - Rs 1 Lakh	Default Plan
Fixed Charges	Rs 1,00,000 per year	NA
Equity Delivery	0.10%	0.20%
Equity Intraday	0.015%	Rs 0 (Free for lifetime)
Equity Futures	0.015%	0.02%
Equity Options	0.05% or Rs 63 per lot	Rs 20 per lot
Currency Futures	0.02% per transaction value	Rs 20 per lot
Currency Options	Rs 5 per lot	Rs 20 per lot
Commodity Futures	0.02%	0.02%
Commodity Options	Rs 20 per lot	Rs 200 Per Lot
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Mirae Asset Sharekhan Vs Motilal Oswal Brokerage Plan 3

	Mirae Asset Sharekhan	Motilal Oswal
Account Type	Margin - Rs 1 Lakh	Default Plan
Fixed Charges	Rs 1,00,000 margin	NA
Equity Delivery	0.25%	0.20%
Equity Intraday	0.05%	Rs 0 (Free for lifetime)
Equity Futures	0.05%	0.02%
Equity Options	1% or Rs 70 per lot	Rs 20 per lot
Currency Futures	0.02% per transaction value	Rs 20 per lot
Currency Options	Rs 5 per lot	Rs 20 per lot
Commodity Futures	0.02%	0.02%
Commodity Options	Rs 20 per lot	Rs 200 Per Lot
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Mirae Asset Sharekhan Charges Vs Motilal Oswal

Minimum Brokerage	Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share	Rs 25 for Delivery
Other Charges
Call & Trade Charges	Rs 20	Free
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Mirae Asset Sharekhan Vs Motilal Oswal Leverage (Margin)

Mirae Asset Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Motilal Oswal margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Mirae Asset Sharekhan	Motilal Oswal
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)
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Compare Mirae Asset Sharekhan and Motilal Oswal Features

The trading platforms offered Mirae Asset Sharekhan include TradeTiger, Sharekhan Mobile. Motilal Oswal offers MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE trading software.

	Mirae Asset Sharekhan	Motilal Oswal
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	TradeTiger, Sharekhan Mobile	MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE
Intraday Square-off Time	3:30 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Pattern finder, Class room training
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Mirae Asset Sharekhan Vs Motilal Oswal Review

Mirae Asset Sharekhan is rated of 5 based on 316 customer reviews whereas Motilal Oswal is rated of 5 based on 152 customer reviews.

	Mirae Asset Sharekhan	Motilal Oswal
	316 Customer Reviews	152 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Mirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews	Motilal Oswal is Rated 2.2 / 5 based on 152 customer reviews

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Mirae Asset Sharekhan Vs Motilal Oswal Investment Options

	Mirae Asset Sharekhan	Motilal Oswal
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

Mirae Asset Sharekhan Vs Motilal Oswal Order Type Offered

	Mirae Asset Sharekhan	Motilal Oswal
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)
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Mirae Asset Sharekhan Vs Motilal Oswal Suitable For Investor Type

	Mirae Asset Sharekhan	Motilal Oswal
Casual Investor
Active Investor
Trader

Mirae Asset Sharekhan Vs Motilal Oswal - Pros and Cons

	Mirae Asset Sharekhan	Motilal Oswal
Pros	Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them. Sharekhan offers online and classroom training, seminars and workshops to investors. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood. Call & Trade facility is free with Sharekhan. Sharekhan allows fixed deposits as collateral for future and option trading.	35+ years of Trading and Investing experience - Known for their Research in the industry and Wealth Creation Studies by Mr Raamdeo Agarwal who is also known as the "Warren Buffett of India" Free Equity Intraday Trading for Lifetime. Free 1st Month FnO Brokerage up to Rs 1,000 Wide range of investment options - Stocks, Derivatives (Futures & Options), commodities, currencies, IPO, mutual funds, insurance, fixed deposits, Gold, US stocks, Sovereign Gold Bonds, Smallcase expert-curated ready investment baskets, and Intelligent Advisory Portfolios Investors can also buy shares of unlisted companies through PMS services offered by Motilal Oswal Up to 4X margin on a select range of stocks to make the most of your capital Free daily expert research and advisory calls along with a Personal Advisor to help you invest Free Trading Software - Different Apps for Investors and Traders Access to Options Store - Multi-leg options strategy, powered by expert mind and AI algorithm Access to MO Exclusive Smallcase - MO expert-curated small cases for all beginners Stock SIP feature - invest regularly in a stock you love Free and early access to Investor Community - StoCoMo
Cons	Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services. Classic account holders cannot trade Commodities, as the segment has to be activated separately. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.	Very high brokerage across all trading segments compared to other full-service brokers like Angel Broking, Edelweiss, Sharekhan, and IIFL.
Reviews
Promo / Offers	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	Motilal Oswal Special Offer FREE Account Opening (for a limited time only) Flat Brokerage Rs 20/lot, FREE Account Opening, Free Intraday Trades, Free F&O brokerage for 1st Month, FREE Personal Advisor and Research, FREE for 1st Year Demat AMC. This is a limited-time offer. Simply Open your FREE Demat Account in 5 Minutes.
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