Compare Brokers

At ProStocks, Real Value Is More than Rs 15 Trades, Compare Brokers and See for Yourself

Motilal Oswal Vs MyValueTrade - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)


Motilal Oswal Securities Ltd MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Trading Account Opening Fee ₹1000 ₹555 ₹555
Trading Account AMC ₹0 ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0 ₹0
Demat Account AMC * ₹400 ₹400 ₹400

Brokerage Charges

Compare the commission charged by the brokers for the trades executed


Motilal Oswal Securities Ltd MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Monthly Fee NA NA ₹1000 (unlimited trading)
Equity Delivery 0.50% ₹10 ₹0
Equity Intraday 0.05% ₹10 ₹0
Equity Future 0.05% ₹10 ₹0
Equity Options ₹75 per Lot ₹10 ₹0
Currency Futures ₹20 per Lot ₹10 ₹0
Currency Options ₹20 per Lot ₹10 ₹0
Commodity 0.03% ₹10 ₹0

Transaction Charges (Per Crore)

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


Motilal Oswal Securities Ltd MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Equity Delivery NSE ₹335 | BSE ₹1000 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Intraday NSE ₹325 | BSE ₹200 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Future * ₹200 NSE ₹300 | BSE ₹150 NSE ₹300 | BSE ₹150
Equity Options * NSE ₹5110 | BSE ₹200 NSE ₹6000 | BSE ₹3500 NSE ₹6000 | BSE ₹3500
Currency Futures * ₹125 NSE ₹120 | BSE ₹100 NSE ₹120 | BSE ₹100
Currency Options ₹4200 NSE ₹4200 | BSE ₹1000 NSE ₹4200 | BSE ₹1000

Other Charges

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


Motilal Oswal Securities Ltd MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Minimum Brokerage ₹30 for Delivery and ₹15 for Intraday ₹10 or .01% whichever is lower ₹10 or .01% whichever is lower
Call & Trade - ₹20 per executed order ₹20 per executed order
Stamp Duty * Charges as per the state of residence Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) ₹20 or 0.025% of transaction value whichever is higher ₹15 per scrip ₹15 per scrip
Other Miscellaneous Charges - - -

Features

Compare key features offered the brokers.


Motilal Oswal Securities Ltd MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Trading Platform Orion Lite OMNESYS NEST OMNESYS NEST

Demat Account Charges

Find charges for the best Demat Account for small investors


Motilal Oswal Securities Ltd MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Depository Service Provider CDSL - -
Account Opening Fee

Nil

- -
Advance Deposite

Nil

- -
AMC

₹700 p.a.

- -
Dematerialisation Charges

₹50 per certificate + ₹50 per request

- -
Rematerialisation Charges

₹35 per certificate or per 100 shares and part thereof which ever is higher + 25 courier charges

- -
Transaction Charges (Credit) - - -
Transaction Charges (debit)

0.025% or ₹30

- -
Pledge Creation Charges

₹35 per request

- -
Pledge Creation Confirmation Charges

Nil

- -
Pledge Invocation Charges

₹35 per request

- -
Failed Instruction Charges

Nil

- -
Other Charges

Demat Rejection: ₹50 per request

- -

Compare Top Share Brokers

FAQs

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.

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