Compare Brokers

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

Motilal Oswal Vs Zerodha - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)


Motilal Oswal Securities Ltd Zerodha
Standard Plan Standard Plan
Trading Account Opening Fee ₹1000 ₹300
Brokerage Account AMC ₹0 ₹0
Demat Account Opening Fee ₹0 ₹100
Demat Account AMC * ₹400 ₹300

Brokerage Charges

Compare the commission charged by the brokers for the trades executed


Motilal Oswal Securities Ltd Zerodha
Standard Plan Standard Plan
Monthly Fee NA NA
Equity Delivery 0.50% ₹0
Equity Intraday 0.05% ₹20
Equity Future 0.05% ₹20
Equity Options ₹75 per Lot ₹20
Currency Futures ₹20 per Lot ₹20
Currency Options ₹20 per Lot ₹20
Commodity 0.03% ₹20

Transaction Charges (Per Crore)

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


Motilal Oswal Securities Ltd Zerodha
Standard Plan Standard Plan
Equity Delivery NSE ₹335 | BSE ₹1000 NSE ₹325 | BSE ₹275
Equity Intraday NSE ₹325 | BSE ₹200 NSE ₹325 | BSE ₹275
Equity Future * ₹200 NSE ₹210 | BSE ₹70
Equity Options * NSE ₹5110 | BSE ₹200 NSE ₹5300 | BSE ₹2700
Currency Futures * ₹125 NSE ₹135
Currency Options ₹4200 NSE ₹4400
Commodity MCX ₹250 Non-Agri ₹360 | Agri ₹275

Other Charges

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


Motilal Oswal Securities Ltd Zerodha
Standard Plan Standard Plan
Minimum Brokerage ₹30 for Delivery and ₹15 for Intraday NIL
Call & Trade - Rs 20 per trade
Stamp Duty * Charges as per the state of residence -
DP Charges (on sell side) ₹20 or 0.025% of transaction value whichever is higher ₹13.5 per scrip

Features

Compare key features offered the brokers.


Motilal Oswal Securities Ltd Zerodha
Standard Plan Standard Plan
Trading Platform Orion Lite Pi, Kite, NEST

Demat Account Charges

Find charges for the best Demat Account for small investors


Motilal Oswal Securities Ltd Zerodha
Standard Plan Standard Plan
Depository Service Provider CDSL CDSL
Account Opening Fee

Nil

₹50 (POA Charges)

Advance Deposite

Nil

Nil

AMC

₹700 p.a.

₹300 - Individual, ₹1000 - Non Individual

Dematerialisation Charges

₹50 per certificate + ₹50 per request

₹10 per certificate (subject to a minimum of ₹25 per ISIN) + ₹50 courier charges

Rematerialisation Charges

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

₹15 per certificate (subject to a minimum of ₹50 per ISIN) + ₹50 courier charges + CDSL charges

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

0.025% or ₹30

On market: ₹8+5.5 (CDSL charges)

Off market: 0.03% of ₹25 whichever is higher

Pledge Creation Charges

₹35 per request

₹20 + ₹12 per request (CDSL charges)

Pledge Creation Confirmation Charges

Nil

Nil

Pledge Invocation Charges

₹35 per request

₹20

Failed Instruction Charges

Nil

₹50 per instruction

Other Charges

Demat Rejection: ₹50 per request

Cheque Bounce- ₹350

Physical Statement - ₹50 (Courier charges)

Modification in CML - ₹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.