Motilal Oswal Vs TradeSmart (Compare Motilal Oswal and TradeSmart)

Motilal Oswal Vs TradeSmart

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 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	Motilal Oswal	TradeSmart
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	1987	1994
Number of Branches	305	1
	Open Motilal Oswal Account	Open TradeSmart Account

Motilal Oswal Vs TradeSmart Charges & AMC

Motilal Oswal trading account opening charges is Rs 0 (Free) while TradeSmart account opening changes is Free. Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free).

	Motilal Oswal	TradeSmart
Trading Account Opening Charges	Rs 0 (Free)	Free
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Free
Demat Account AMC Charges	Rs 199 (Free for 1st Year)	Rs 300 (1st Year Free)

Motilal Oswal Vs TradeSmart Brokerage

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

Account Type	Motilal Oswal Default Plan	TradeSmart Power Plan
Fixed Charges	NA	NA
Equity Delivery	0.20%	Rs 15 per order
Equity Intraday	Rs 0 (Free for lifetime)	Rs 15 per order
Equity Futures	0.02%	Rs 15 per order
Equity Options	Rs 20 per lot	Rs 15 per order
Currency Futures	Rs 20 per lot	Rs 15 per order
Currency Options	Rs 20 per lot	Rs 15 per order
Commodity Futures	0.02%	Rs 15 per order
Commodity Options	Rs 200 Per Lot	Rs 15 per 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: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

Motilal Oswal Vs TradeSmart Brokerage Plan 2

	Motilal Oswal	TradeSmart
Account Type	Default Plan	Value Plan
Fixed Charges	NA	NA
Equity Delivery	0.20%	0.07%
Equity Intraday	Rs 0 (Free for lifetime)	0.007%
Equity Futures	0.02%	0.007%
Equity Options	Rs 20 per lot	Rs 7 Per Lot
Currency Futures	Rs 20 per lot	0.007%
Currency Options	Rs 20 per lot	Rs 7 Per Lot
Commodity Futures	0.02%	0.007%
Commodity Options	Rs 200 Per Lot	Rs 7 Per Lot
	Open Motilal Oswal Account	Open TradeSmart Account

Motilal Oswal Charges Vs TradeSmart

Minimum Brokerage	Rs 25 for Delivery	Rs 15 per executed order
Other Charges		Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges	Free	Rs 20 per executed order
	Open Motilal Oswal Account	Open TradeSmart Account

Motilal Oswal Vs TradeSmart Leverage (Margin)

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

	Motilal Oswal	TradeSmart
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 TradeSmart Account

Compare Motilal Oswal and TradeSmart Features

The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. TradeSmart offers Mobile trading app, Desktop trading application, Browser, APIs trading software.

	Motilal Oswal	TradeSmart
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	Mobile trading app, Desktop trading application, Browser, APIs
Intraday Square-off Time		Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open Motilal Oswal Account	Open TradeSmart Account

Motilal Oswal Vs TradeSmart Review

Motilal Oswal is rated of 5 based on 152 customer reviews whereas TradeSmart is rated of 5 based on 67 customer reviews.

	Motilal Oswal	TradeSmart
	152 Customer Reviews	67 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Motilal Oswal is Rated 2.2 / 5 based on 152 customer reviews	TradeSmart is Rated 4.0 / 5 based on 67 customer reviews

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Motilal Oswal Vs TradeSmart Investment Options

	Motilal Oswal	TradeSmart
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

Motilal Oswal Vs TradeSmart Order Type Offered

	Motilal Oswal	TradeSmart
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 TradeSmart Account

Motilal Oswal Vs TradeSmart Suitable For Investor Type

	Motilal Oswal	TradeSmart
Casual Investor
Active Investor
Trader

Motilal Oswal Vs TradeSmart - Pros and Cons

	Motilal Oswal	TradeSmart
Pros	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	Unlike most of the discount brokers; TradeSmart offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility. TSO offers to invest in Mutual Funds, Bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV. Excellent referral benefits are available. The customer receives 10% credit of the brokerage generated by the clients referred by them. No minimum amount is needed to open or maintain a trading account with TSO. Customer service is available through live chat on its website. This is very convenient for many customers. TradeSmart has been in the stock broking industry since 1994. TSO's online knowledgebase has a lot of information which is helpful for most customers.
Cons	Very high brokerage across all trading segments compared to other full-service brokers like Angel Broking, Edelweiss, Sharekhan, and IIFL.	Call and Trade is charged an extra Rs 20 per executed order. Physical contract notes Rs 20 per contract note + courier charges Intraday positions (MIS, CO & BO) squared off by the RMS team are charged at Rs 20. 24/7 customer service is not available. Doesn't provide daily market reports, free tips, news alerts and technical analysis. 3-in-1 accounts are not available as the company doesn't provide banking services.
Reviews		Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
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.	TradeSmart Special Offer Flat Rs 15 per trade (FREE Account Opening) Outstanding Support 29+ Years of expertise Advanced Order Types This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.
	Open Motilal Oswal Account	Open TradeSmart Account