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 Tradingo
Tradingo is an online trading platform, powered by Swastika Investmart Limited (SEBI Reg. No. : INZ000192732), a traditional brokerage company and financial service provider since 1992. Tradingo is a discount broker that offers transparent and affordable brokerage services to customers who want to trade in the Indian stock market. They allow people to trade online with the help of a broker, ensuring faster and more cost-effective transactions, offering a wide range of financial products and serv...
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 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.
Motilal Oswal | Tradingo | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE, MCX | NSE, BSE, MCX and NCDEX |
Year of Incorporation | 1987 | 2016 |
Number of Branches | 305 | |
Open Motilal Oswal Account | Open Tradingo Account |
Motilal Oswal trading account opening charges is Rs 0 (Free) while Tradingo account opening changes is Rs 0 (Free). Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and Tradingo Demat Account AMC Charges is Rs 250 +GST (From 2nd Year).
Motilal Oswal | Tradingo | |
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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 |
Demat Account AMC Charges | Rs 199 (Free for 1st Year) | Rs 250 +GST (From 2nd Year) |
Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas Tradingo brokerage charges for equity is Rs 20 per trade or 2.5% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower).
Account Type | Motilal Oswal Default Plan | Tradingo Discount Broking Plan |
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Fixed Charges | NA | Nil |
Equity Delivery | 0.20% | Rs 20 per trade or 2.5% (whichever is lower) |
Equity Intraday | Rs 0 (Free for lifetime) | Rs 20 per trade or 0.05% (whichever is lower) |
Equity Futures | 0.02% | Rs 20 per trade or 0.05% (whichever is lower) |
Equity Options | Rs 20 per lot | Rs 20 per executed order |
Currency Futures | Rs 20 per lot | Rs 20 per trade or 0.05% (whichever is lower) |
Currency Options | Rs 20 per lot | Rs 20 per executed order |
Commodity Futures | 0.02% | Rs 20 per trade or 0.05% (whichever is lower) |
Commodity Options | Rs 200 Per Lot | Rs 20 per executed 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: Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer |
Motilal Oswal | Tradingo | |
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Account Type | Default Plan | Premium Plan |
Fixed Charges | NA | Nil |
Equity Delivery | 0.20% | 0.3% of trade value |
Equity Intraday | Rs 0 (Free for lifetime) | 0.03% of trade value |
Equity Futures | 0.02% | 0.03% of trade value |
Equity Options | Rs 20 per lot | Rs 30 per lot |
Currency Futures | Rs 20 per lot | 0.3% of trade value |
Currency Options | Rs 20 per lot | Rs 30 per lot |
Commodity Futures | 0.02% | 0.3% of trade value |
Commodity Options | Rs 200 Per Lot | Rs 30 per lot |
Open Motilal Oswal Account | Open Tradingo Account |
Minimum Brokerage | Rs 25 for Delivery | Rs 0 |
Other Charges | Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day) | |
Call & Trade Charges | Free | Additional Rs 20 per executed order |
Open Motilal Oswal Account | Open Tradingo Account |
Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradingo margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Motilal Oswal | Tradingo | |
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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 Tradingo Account |
The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. Tradingo offers Tradingo, Justrade trading software.
Motilal Oswal | Tradingo | |
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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 | Tradingo, Justrade |
Intraday Square-off Time | Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes | |
Trading In SME Shares Allowed? | ![]() | ![]() |
Referral Program | ![]() | ![]() |
Other Features | ||
Open Motilal Oswal Account | Open Tradingo Account |
Motilal Oswal is rated of 5 based on 152 customer reviews whereas Tradingo is rated of 5 based on 6 customer reviews.
Motilal Oswal | Tradingo | |
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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. | Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer |
Motilal Oswal | Tradingo | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
Motilal Oswal | Tradingo | |
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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 Tradingo Account |
Motilal Oswal | Tradingo | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
Motilal Oswal | Tradingo | |
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Reviews | Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers. Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges Rs 20 per order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per trade or 0.05% (whichever is lower) for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost. | |
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. | Tradingo Special OfferRs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery and pay Rs 20 per executed order or 0.05% (whichever is lower) brokerage for Intraday and F&O trades. Click here to open an account with Tradingo |
Open Motilal Oswal Account | Open Tradingo Account |