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Motilal Oswal Vs Trade Smart Online - Broker Comparison

Account Opening & AMC Charges

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Motilal Oswal Securities Ltd Trade Smart Online
Standard Plan Power Plan (₹15/Order) Value Plan Infinity Plan (Unlimited Trading)
Trading Account Opening Fee ₹1000 ₹200 ₹200 ₹200
Trading Account AMC ₹0 ₹0 ₹0 ₹0
Demat Account Opening Fee ₹0 ₹200 ₹200 ₹200
Demat Account AMC * ₹400 ₹300 ₹300 ₹300

Brokerage Charges

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Motilal Oswal Securities Ltd Trade Smart Online
Standard Plan Power Plan (₹15/Order) Value Plan Infinity Plan (Unlimited Trading)
Monthly Fee NA NA NA ₹3999 (unlimited equity and F&O trading)

₹1999 (unlimited currency trading)

₹3999 (unlimited commodity trading)
Equity Delivery 0.50% ₹15 0.01% ₹0
Equity Intraday 0.05% ₹15 0.01% ₹0
Equity Future 0.05% ₹15 0.01% ₹0
Equity Options ₹75 per Lot ₹15 ₹7 per lot ₹0
Currency Futures ₹20 per Lot ₹15 0.01% ₹0
Currency Options ₹20 per Lot ₹15 ₹7 per lot ₹0
Commodity 0.03% ₹15 0.01% ₹0

Transaction Charges (Per Crore)

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Motilal Oswal Securities Ltd Trade Smart Online
Standard Plan Power Plan (₹15/Order) Value Plan Infinity Plan (Unlimited Trading)
Equity Delivery NSE ₹335 | BSE ₹1000 ₹350 ₹350 ₹350
Equity Intraday NSE ₹325 | BSE ₹200 ₹350 ₹350 ₹350
Equity Future * ₹200 ₹240 ₹240 ₹240
Equity Options * NSE ₹5110 | BSE ₹200 ₹7150 ₹7150 ₹7150
Currency Futures * ₹125 ₹165 ₹165 ₹165
Currency Options ₹4200 ₹6000 ₹6000 ₹6000

Other Charges

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Motilal Oswal Securities Ltd Trade Smart Online
Standard Plan Power Plan (₹15/Order) Value Plan Infinity Plan (Unlimited Trading)
Minimum Brokerage ₹30 for Delivery and ₹15 for Intraday ₹15 ₹15 ₹15
Call & Trade - Rs 20 per executed order Rs 20 per executed order Rs 20 per executed order
DP Charges (on sell side) ₹20 or 0.025% of transaction value whichever is higher Rs 15 per script Rs 15 per script Rs 15 per script
Other Miscellaneous Charges - - - -

Demat Account Charges

Find charges for the best Demat Account for small investors


Motilal Oswal Securities Ltd Trade Smart Online
Standard Plan Power Plan (₹15/Order) Value Plan Infinity Plan (Unlimited Trading)
Depository Service Provider CDSL CDSL CDSL CDSL
Account Opening Fee

Nil

Nil

Nil

Nil

Advance Deposite

Nil

Nil

Nil

Nil

AMC

₹700 p.a.

Individual Account: ₹300 per year

Corporate Account: ₹800 per year

Individual Account: ₹300 per year

Corporate Account: ₹800 per year

Individual Account: ₹300 per year

Corporate Account: ₹800 per year

Dematerialisation Charges

₹50 per certificate + ₹50 per request

₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.

₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.

₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.

Rematerialisation Charges

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

₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.

₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.

₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.

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

0.025% or ₹30

₹25 minimum or 0.02% which ever is higher. In case of BSDA ₹50 or 0.02% whichever is higher.

₹25 minimum or 0.02% which ever is higher. In case of BSDA ₹50 or 0.02% whichever is higher.

₹25 minimum or 0.02% which ever is higher. In case of BSDA ₹50 or 0.02% whichever is higher.

Pledge Creation Charges

₹35 per request

₹200 per scrip

₹200 per scrip

₹200 per scrip

Pledge Creation Confirmation Charges

Nil

Nil

Nil

Nil

Pledge Invocation Charges

₹35 per request

₹200 minimum or 0.01% which ever is higher

₹200 minimum or 0.01% which ever is higher

₹200 minimum or 0.01% which ever is higher

Failed Instruction Charges

Nil

Nil

Nil

Nil

Other Charges

Demat Rejection: ₹50 per request

Late instruction: 0.1% scrip value

Physical transaction statement: ₹50 per BO statement plus courier charges

Late instruction: 0.1% scrip value

Physical transaction statement: ₹50 per BO statement plus courier charges

Late instruction: 0.1% scrip value

Physical transaction statement: ₹50 per BO statement plus courier charges

Features

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Motilal Oswal Securities Ltd Trade Smart Online
Standard Plan Power Plan (₹15/Order) Value Plan Infinity Plan (Unlimited Trading)
Trading Platform Orion Lite NEST, NOW NEST, NOW NEST, NOW

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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 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