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Motilal Oswal Vs SBI Securities - Broker Comparison

Account Opening & AMC Charges

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Motilal Oswal Securities Ltd SBICAP Securities Ltd
Standard Plan eZ-trade
Trading Account Opening Fee ₹1000 ₹850
Trading Account AMC ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹400 ₹350

Brokerage Charges

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Motilal Oswal Securities Ltd SBICAP Securities Ltd
Standard Plan eZ-trade
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 ₹100 per lot
Currency Futures ₹20 per Lot 0.03%
Currency Options ₹20 per Lot ₹30 per lot
Commodity 0.03% NA

Transaction Charges (Per Crore)

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Motilal Oswal Securities Ltd SBICAP Securities Ltd
Standard Plan eZ-trade
Equity Delivery NSE ₹335 | BSE ₹1000 NSE ₹386 | BSE ₹384
Equity Intraday NSE ₹325 | BSE ₹200 NSE ₹386 | BSE ₹384
Equity Future * ₹200 NSE ₹221
Equity Options * NSE ₹5110 | BSE ₹200 NSE ₹5515
Currency Futures * ₹125 NSE ₹221
Currency Options ₹4200 NSE ₹5515

Other Charges

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Motilal Oswal Securities Ltd SBICAP Securities Ltd
Standard Plan eZ-trade
Minimum Brokerage ₹30 for Delivery and ₹15 for Intraday 5 paisa for Eq Cash | 1 paisa for Eq future
Call & Trade - ₹10 per call after first 30 free calls
Stamp Duty * 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 0.01% (Minimum ₹21, Maximum ₹300)
Other Miscellaneous Charges - -

Features

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Motilal Oswal Securities Ltd SBICAP Securities Ltd
Standard Plan eZ-trade
Trading Platform Orion Lite ODIN

Demat Account Charges

Find charges for the best Demat Account for small investors


Motilal Oswal Securities Ltd SBICAP Securities Ltd
Standard Plan eZ-trade
Depository Service Provider CDSL CDSL
Account Opening Fee

Nil

Nil

Advance Deposite

Nil

Nil

AMC

₹700 p.a.

Individual Account with POA: ₹400 (₹350 for e-statement)

Individual Account without POA: ₹700

Corporate Account with POA: ₹800

Individual Account without POA: ₹1700

BSDA Account: DP holding < 50,000: Nil, DP holding > 50,000 <=2 Lac ₹100

Dematerialisation Charges

₹50 per certificate + ₹50 per request

₹5 per cert + ₹35 courier charges per request

Rematerialisation Charges

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

₹35 Per Request + CDSL Charges i.e. ₹10 per 100 securities or part quantity

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

0.025% or ₹30

Through POA - 0.01% of the transaction value (Minimum of ₹21 and Maximum of ₹300) per ISIN

Through DIS - 0.04% of the transaction value (Minimum of ₹30) per ISIN

Pledge Creation Charges

₹35 per request

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges

Pledge Creation Confirmation Charges

Nil

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges

Pledge Invocation Charges

₹35 per request

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges

Failed Instruction Charges

Nil

₹10 per failed instruction.

Other Charges

Demat Rejection: ₹50 per request

-

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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.