Motilal Oswal Vs Religare - Broker Comparison

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Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)

	Standard Plan	Standard Plan
	Motilal Oswal Securities Ltd	Religare
Trading Account Opening Fee	₹1000	₹500
Trading Account AMC	₹0	₹0
Demat Account Opening Fee	₹0	₹0
Demat Account AMC *	₹400	₹300

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

	Standard Plan	Standard Plan
	Motilal Oswal Securities Ltd	Religare
Monthly Fee	NA	NA
Equity Delivery	0.50%	0.50%
Equity Intraday	0.05%	0.05%
Equity Future	0.05%	0.05%
Equity Options	₹75 per Lot	₹70 per lot
Currency Futures	₹20 per Lot	0.05%
Currency Options	₹20 per Lot	₹30 per lot
Commodity	0.03%	0.05%

Transaction Charges (Per Crore)

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

	Standard Plan	Standard Plan
	Motilal Oswal Securities Ltd	Religare
Equity Delivery	NSE ₹335 \| BSE ₹1000	₹370
Equity Intraday	NSE ₹325 \| BSE ₹200	₹370
Equity Future *	₹200	₹400
Equity Options *	NSE ₹5110 \| BSE ₹200	₹6000
Currency Futures *	₹125	₹400
Currency Options	₹4200	₹6000

Other Charges

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

	Standard Plan	Standard Plan
	Motilal Oswal Securities Ltd	Religare
Minimum Brokerage	₹30 for Delivery and ₹15 for Intraday	1 paisa per share
Call & Trade	-	-
DP Charges (on sell side)	₹20 or 0.025% of transaction value whichever is higher	₹12 + ₹5.5 (CDSL) per scrip
Other Miscellaneous Charges	-	-

Demat Account Charges

Find charges for the best Demat Account for small investors

	Standard Plan	Standard Plan
	Motilal Oswal Securities Ltd	Religare
Depository Service Provider	CDSL	CDSL
Account Opening Fee	Nil	NIL
Advance Deposite	Nil	₹500
AMC	₹700 p.a.	Client opting for digital statement: ₹300 per annum Client opting for physical statement: ₹400 per annum
Dematerialisation Charges	₹50 per certificate + ₹50 per request	₹2 per certificate + ₹30 Courier Charges
Rematerialisation Charges	₹35 per certificate or per 100 shares and part thereof which ever is higher + 25 courier charges	₹20 per certificate + CDSL Charges + ₹30 Courier Charges
Transaction Charges (Credit)	-	-
Transaction Charges (debit)	0.025% or ₹30	Delivery given to Religare Pool Account: ₹15 (Client with POA Religare), ₹25 (Client without POA Religare) Any other Account: ₹30 per debit or 0.02% of the value of transaction whichever is higher
Pledge Creation Charges	₹35 per request	₹50 per request or 0.02% of the value of securities whichever is higher ₹50 per request or 0.02% of the value of securities whichever is higher
Pledge Creation Confirmation Charges	Nil	₹50 per request or 0.02% of the value of securities whichever is higher
Pledge Invocation Charges	₹35 per request	₹50 per request or 0.02% of the value of securities whichever is higher
Failed Instruction Charges	Nil	Nil
Other Charges	Demat Rejection: ₹50 per request	Demat Rejection Charges ₹30 per rejection. Delivery Instruction Booklet ₹1 per leaflet.

Features

Compare key features offered the brokers.

	Standard Plan	Standard Plan
	Motilal Oswal Securities Ltd	Religare
Trading Platform	Orion Lite	Odin Diet

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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