India Infoline (IIFL) Vs Motilal Oswal - Broker Comparison

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Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)

	Standard Plan	Standard Plan
	India Infoline Limited	Motilal Oswal Securities Ltd
Trading Account Opening Fee	₹750	₹1000
Trading Account AMC	₹0	₹0
Demat Account Opening Fee	₹555	₹0
Demat Account AMC *	₹300	₹400

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

	Standard Plan	Standard Plan
	India Infoline Limited	Motilal Oswal Securities Ltd
Monthly Fee	NA	NA
Equity Delivery	0.50%	0.50%
Equity Intraday	0.05%	0.05%
Equity Future	0.05%	0.05%
Equity Options	1% of premium or ₹100 per lot (whichever is high)	₹75 per Lot
Currency Futures	0.05%	₹20 per Lot
Currency Options	1% of premium or ₹100 per lot (whichever is high)	₹20 per Lot
Commodity	0.05%	0.03%

Transaction Charges (Per Crore)

Compare Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

	Standard Plan	Standard Plan
	India Infoline Limited	Motilal Oswal Securities Ltd
Equity Delivery	₹325	NSE ₹335 \| BSE ₹1000
Equity Intraday	₹325	NSE ₹325 \| BSE ₹200
Equity Future *	₹210	₹200
Equity Options *	₹5100	NSE ₹5110 \| BSE ₹200
Currency Futures *	₹210	₹125
Currency Options	₹5100	₹4200

Other Charges

Compare miscellaneous charges, minimum fees and add-on service rates.

	Standard Plan	Standard Plan
	India Infoline Limited	Motilal Oswal Securities Ltd
Minimum Brokerage	₹0.05 per share	₹30 for Delivery and ₹15 for Intraday
Call & Trade	-	-
DP Charges (on sell side)	0.04% (minimum ₹25 per debit transaction)	₹20 or 0.025% of transaction value whichever is higher
Other Miscellaneous Charges	-	-

Demat Account Charges

Find charges for the best Demat Account for small investors

	Standard Plan	Standard Plan
	India Infoline Limited	Motilal Oswal Securities Ltd
Depository Service Provider	CDSL	CDSL
Account Opening Fee	Nil	Nil
Advance Deposite	Nil	Nil
AMC	₹400 + GST	₹700 p.a.
Dematerialisation Charges	₹15 per certificate + ₹40 as postal charges	₹50 per certificate + ₹50 per request
Rematerialisation Charges	₹15 per certificate or ₹15 for every 100 securities or part thereof whichever is higher + ₹40 for courier	₹35 per certificate or per 100 shares and part thereof which ever is higher + 25 courier charges
Transaction Charges (Credit)	-	-
Transaction Charges (debit)	0.04% of the value of the transaction, subject to min ₹25 per instruction	0.025% or ₹30
Pledge Creation Charges	₹50	₹35 per request
Pledge Creation Confirmation Charges	Nil	Nil
Pledge Invocation Charges	Nil	₹35 per request
Failed Instruction Charges	Nil	Nil
Other Charges	Nil	Demat Rejection: ₹50 per request

Features

Compare key features offered the brokers.

	Standard Plan	Standard Plan
	India Infoline Limited	Motilal Oswal Securities Ltd
Trading Platform	Trader terminal	Orion Lite

ProStocks Vs

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FAQs

Do I need to maintain any minimum balance in my ProStocks Trading Account?

No, there is no minimum balance / margin requirement while opening trading account with ProStocks. You only need to pay Rs 1000 as refundable deposit for demat account. Later on, you can transfer funds as per your trading requirements.

How much stamp duty I have to pay as a Maharashtra or a Rajasthan client?

We are charging .01% or Max Rs 50 per day as stamp duty except clients with Maharashtra and Rajasthan address. Maharashtra and Rajasthan clients pay .01% for Delivery and .002% for Intraday, Equity F&O and Currency Derivatives.

Stamp Duty regulation has changed from 1st July 2020

Read more for RECENT STAMP DUTY RELATED CHANGES

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