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Motilal Oswal Logo

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... Know more about Motilal Oswal

Prostocks Logo

About Prostocks
ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer <mark>unlimited Equity and Derivatives Trading at Rs 899 per month</mark> or unlimited Currency Derivatives for Rs 499 per month. They are the cheapest broker in unlimited trading plans. Average share trader save between 60% to 99% on brokerage through this pl... Know more about Prostocks

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Motilal Oswal Vs Prostocks

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, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

 Motilal OswalProstocks
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCXBSE, NSE
Year of Incorporation19872016
Number of Branches3051
Open Motilal Oswal AccountOpen Prostocks Account

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Motilal Oswal Vs Prostocks Charges & AMC

Motilal Oswal trading account opening charges is Rs 0 (Free) while Prostocks account opening changes is Rs 0 (Free). Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

 Motilal OswalProstocks
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0Rs 0
Demat Account Opening ChargesRs 0Rs 0 (Free)
Demat Account AMC ChargesRs 199 (Free for 1st Year)Rs 0 (Lifetime Zero AMC)

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Motilal Oswal Vs Prostocks Brokerage

Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.

Account TypeMotilal Oswal Default PlanProstocks Flat Rate Plan
Fixed ChargesNANA
Equity Delivery0.20%Rs 0 (Free)
Equity IntradayRs 0 (Free for lifetime)Rs 15 per executed order
Equity Futures0.02%Rs 15 per executed order
Equity OptionsRs 20 per lotRs 15 per executed order
Currency FuturesRs 20 per lotRs 15 per executed order
Currency OptionsRs 20 per lotRs 15 per executed order
Commodity Futures0.02%NA
Commodity OptionsRs 200 Per LotNA
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: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.

Motilal Oswal Vs Prostocks Brokerage Plan 2

 Motilal OswalProstocks
Account TypeDefault PlanUnlimited Equity Trading Plan
Fixed ChargesNARs 899
Equity Delivery0.20%Rs 0
Equity IntradayRs 0 (Free for lifetime)Rs 0
Equity Futures0.02%Rs 0
Equity OptionsRs 20 per lotRs 0
Currency FuturesRs 20 per lotNA
Currency OptionsRs 20 per lotNA
Commodity Futures0.02%NA
Commodity OptionsRs 200 Per LotNA
Open Motilal Oswal AccountOpen Prostocks Account

Motilal Oswal Vs Prostocks Brokerage Plan 3

 Motilal OswalProstocks
Account TypeDefault PlanUnlimited Currency Trading Plan
Fixed ChargesNARs 499
Equity Delivery0.20%NA
Equity IntradayRs 0 (Free for lifetime)NA
Equity Futures0.02%NA
Equity OptionsRs 20 per lotNA
Currency FuturesRs 20 per lotRs 0
Currency OptionsRs 20 per lotRs 0
Commodity Futures0.02%NA
Commodity OptionsRs 200 Per LotNA
Open Motilal Oswal AccountOpen Prostocks Account

Motilal Oswal Charges Vs Prostocks

Minimum BrokerageRs 25 for DeliveryRs 0
Other Charges
Call & Trade ChargesFreeRs 0 (Free)
Open Motilal Oswal AccountOpen Prostocks Account

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Motilal Oswal Vs Prostocks Leverage (Margin)

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

 Motilal OswalProstocks
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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 AccountOpen Prostocks Account

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Compare Motilal Oswal and Prostocks Features

The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

 Motilal OswalProstocks
3 in 1 AccountNoNo
Automated TradingYesYes
Margin Trading FundingYesNo
Margin Against Shares (Equity Cash)YesNo
Margin Against Shares (Equity F&O)YesNo
Trading PlatformMO Investor App, MO Trader App, MO Trader Web, MO Trader EXEProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off TimeEquity 3:15 PM | Curr: 4:45 PM
Trading In SME Shares Allowed?NoYes
Referral ProgramYesYes
Other Features
Open Motilal Oswal AccountOpen Prostocks Account

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Motilal Oswal Vs Prostocks Review

Motilal Oswal is rated of 5 based on 152 customer reviews whereas Prostocks is rated of 5 based on 42 customer reviews.

 Motilal OswalProstocks
 152 Customer Reviews    Rate Motilal Oswal42 Customer Reviews    Rate Prostocks
FeesRated 2.6 starsRated 4.5 stars
BrokerageRated 2.1 starsRated 4.2 stars
Trading PlatformRated 2.8 starsRated 2.9 stars
Customer ServiceRated 2.4 starsRated 3.2 stars
Research CapabilitiesRated 2.3 starsRated 2.0 stars
Overall RatingRated 2.2 starsRated 3.2 stars
Broker RatingMotilal Oswal is Rated 2.2 / 5 based on 152 customer reviewsProstocks is Rated 3.2 / 5 based on 42 customer reviews

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Contact Broker / Request A Call Back

 Motilal OswalProstocks
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.
Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.

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Motilal Oswal Vs Prostocks Investment Options

 Motilal OswalProstocks
Stock / EquityYesYes
CommodityYesNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtYesYes

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Motilal Oswal Vs Prostocks Order Type Offered

 Motilal OswalProstocks
Bracket OrderYesYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)YesNo
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)YesYes
Open Motilal Oswal AccountOpen Prostocks Account

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Motilal Oswal Vs Prostocks Suitable For Investor Type

 Motilal OswalProstocks
Casual InvestorNoYes
Active InvestorNoYes
TraderYesYes

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Motilal Oswal Vs Prostocks - Pros and Cons

 Motilal OswalProstocks
Pros
  1. 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"
  2. Free Equity Intraday Trading for Lifetime.
  3. Free 1st Month FnO Brokerage up to Rs 1,000
  4. 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
  5. Investors can also buy shares of unlisted companies through PMS services offered by Motilal Oswal
  6. Up to 4X margin on a select range of stocks to make the most of your capital
  7. Free daily expert research and advisory calls along with a Personal Advisor to help you invest
  8. Free Trading Software - Different Apps for Investors and Traders
  9. Access to Options Store - Multi-leg options strategy, powered by expert mind and AI algorithm
  10. Access to MO Exclusive Smallcase - MO expert-curated small cases for all beginners
  11. Stock SIP feature - invest regularly in a stock you love
  12. Free and early access to Investor Community - StoCoMo
  • Cheapest flat fee broker in India. Offers Rs 899 unlimited equity and equity f&o trading and Rs 15 per trade plan.
  • Cover Order (CO) is available in unlimited monthly plan. Bracket order is coming soon.
  • Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 2 Pricing plans to choose from.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time Rs 1000 deposit. No account opening and no annual maintenance charges.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (Rs 10 per executed order) among all discount brokers. Other brokers charge minimum Rs 20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).
Cons
  • Very high brokerage across all trading segments compared to other full-service brokers like Angel Broking, Edelweiss, Sharekhan, and IIFL.
Reviews

ProStocks is among the most popular stock broker in India for unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market.

ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds.

The Top 10 Reasons to Trade with ProStocks

Promo / Offers

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.

Prostocks Special Offer

Unlimited Monthly Trading @ Rs 899

  • Monthly unlimited trading plan @ Rs 899.
  • Or Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • API for algo trading.

This is a limited-time offer. Open FREE Instant Demat Account and start trading today.

Open Motilal Oswal AccountOpen Prostocks Account


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