Aditya Birla Money Vs Motilal Oswal
| |Aditya Birla Money Vs Motilal Oswal comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Aditya Birla Money Vs Motilal Oswal Comparison
Here is a point by point comparison of Aditya Birla Money Vs Motilal Oswal.
Aditya Birla Money is part of Aditya Birla Group and is spread across 800 branches and franchises in the country. It is known for its free call and trade facility apart from reasonable brokerage charges. This full-service broker has its headquarters in Chennai.
Motilal Oswal is a full-service broker that was incorporated way back in the year 1987. It boasts of 7.5 Lakh customers today with presence in more than 2200 locations around the country.
Full-service brokers such as Aditya Birla Money or Motilal Oswal will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Aditya Birla Money Vs Motilal Oswal to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Aditya Birla Money Vs Motilal Oswal Details
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Motilal Oswal Review | Aditya Birla Money Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 1987 | 1994 |
Number of branches across India | 2200 | 800 |
Exchanges | BSE, NSE, NCDEX, MSEI | NSE, BSE, MSEI, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹1000 | ₹750 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹441 | ₹0 |
Transaction Charges | Motilal Oswal Transaction Charges | Aditya Birla Money Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.50% | 0.3% |
Intraday Delivery | 0.05% | 0.03% |
Equity Futures | 0.05% | 0.03% |
Equity Options | ₹75 per contract | ₹50 per lot |
Currency Futures | ₹20 per contract | 0.03% |
Currency Options | ₹20 per contract | ₹20 per lot |
Commodity | 0.03% | 0.03% |
Calculate Brokerage | Motilal Oswal Brokerage Calculator | Aditya Birla Money Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 times on Intraday | 15 times for Intraday and 5 times for Delivery |
Equity Futures | Upto 20 times on Intraday | 3 times for Intraday |
Equity Options | Upto 4 times | NA |
Currency Futures | Upto 20 times on Intraday | NA |
Currency Options | Upto 4 times | 3 times for Intraday |
Commodities | Upto 4 times | 2 times for Intraday |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | Motilal Mobile App, Tablet, Desktop, Smart Watch app, Web Platforms | Express Trade, ETrade, Advanced Web, Mobile Invest |
Total BSE+NSE Complaints | 145 | 55 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Aditya Birla Money Vs Motilal Oswal for the benefits of other readers? Please feel free to share in the comments below.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
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