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Motilal Oswal Vs Trade Plus Online - Broker Comparison

Account Opening & AMC Charges

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Motilal Oswal Securities Ltd Trade Plus Online
Standard Plan Unlimited Trading Plan
Trading Account Opening Fee ₹1000 ₹199
Trading Account AMC ₹0 Nil
Demat Account Opening Fee ₹0 ₹199
Demat Account AMC * ₹400 ₹900 for 10 years in advance

Brokerage Charges

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Motilal Oswal Securities Ltd Trade Plus Online
Standard Plan Unlimited Trading Plan
Monthly Fee NA Equity Future: ₹799 per month or 0.01% on turnover each side
Equity Options: ₹99 per month or ₹60 per lot each side
Currency Future & options: ₹99 per month or ₹20 per lot each side
Commodity: ₹99 per month or 0.01% on turnover each side
Equity Delivery 0.50% 0.10%
Equity Intraday 0.05% 0.01%
Equity Future 0.05% Nil
Equity Options ₹75 per Lot Nil
Currency Futures ₹20 per Lot Nil
Currency Options ₹20 per Lot Nil
Commodity 0.03% -

Transaction Charges (Per Crore)

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Motilal Oswal Securities Ltd Trade Plus Online
Standard Plan Unlimited Trading Plan
Equity Delivery NSE ₹335 | BSE ₹1000 ₹325
Equity Intraday NSE ₹325 | BSE ₹200 ₹325
Equity Future * ₹200 ₹350
Equity Options * NSE ₹5110 | BSE ₹200 ₹7500
Currency Futures * ₹125 ₹165
Currency Options ₹4200 ₹6000

Other Charges

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Motilal Oswal Securities Ltd Trade Plus Online
Standard Plan Unlimited Trading Plan
Minimum Brokerage ₹30 for Delivery and ₹15 for Intraday Nil
Call & Trade - ₹1000 per month
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 0.02% of Transaction Value, subject to Minimum of ₹15 per Transaction & Maximum of ₹200
Other Miscellaneous Charges - Instant Trade Confirmation: ₹99 per month (per segment)

Demat Account Charges

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Motilal Oswal Securities Ltd Trade Plus Online
Standard Plan Unlimited Trading Plan
Depository Service Provider CDSL NSDL
Account Opening Fee

Nil

₹199
Advance Deposite

Nil

Nil
AMC

₹700 p.a.

₹900 Life Time AMC (10 Years Period)
Dematerialisation Charges

₹50 per certificate + ₹50 per request

₹50 per DRF (up to 5 Certificates). More than 5 Certificates Demat Charges ₹5 per certificate plus ₹50 (Minimum Charges)
Rematerialisation Charges

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

₹15 per certificate for every hundred shares or part thereof Remat Charges subject to maximum fee of ₹5,00,000 or a flat fee of ₹15 Per certificate whichever is higher plus handling charges ₹50
Transaction Charges (Credit) - Nil
Transaction Charges (debit)

0.025% or ₹30

0.02% of Transaction Value, subject to Minimum of ₹15 per Transaction & Maximum of ₹200
Pledge Creation Charges

₹35 per request

₹15/- per Transaction for non POA. For commodities ₹30/ per transaction
Pledge Creation Confirmation Charges

Nil

-
Pledge Invocation Charges

₹35 per request

0.02% of the value of the securities pledged, subject to minimum of ₹50 per Transaction.
Failed Instruction Charges

Nil

₹15 per Transaction
Other Charges

Demat Rejection: ₹50 per request

Securities Borrowing: ₹50 per Transaction Account Modification Charges: ₹100 for every change of address / Bank Details

Features

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Motilal Oswal Securities Ltd Trade Plus Online
Standard Plan Unlimited Trading Plan
Trading Platform Orion Lite NSE NOW, INFINI TRADER

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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.