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Choice Broking Vs Motilal Oswal
| | Broker Comparison, Trading | No Comments
Choice Broking 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.
Choice Broking Vs Motilal Oswal Comparison
Here is a point by point comparison of Choice Broking Vs Motilal Oswal.
Motilal Oswal is a full-service broker that was incorporated way back in the year 1987. It boosts of 7.5 Lakh customers today with presence in more than 2200 locations around the country. It provides its services to customers through its mobile trading platforms such as Motilal Oswal Orion Lite.
Choice Broking is a Mumbai based full-service stockbroker with a wide range of trading and investment products. Launched in the year 2010, the broker is known for multiple account opening and maintenance level plans providing reasonable flexibility to its clients.
Full-service brokers such as Choice Broking 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 Choice Broking 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
Choice Broking 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 stock broking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| Motilal Oswal Review | Choice Broking Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 1987 | 2010 |
| Number of branches across India | 2200 | 75 |
| Exchanges | BSE, NSE, NCDEX, MSEI | NSE, BSE, MCX, MCX-SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹1000 | ₹200 + ₹500 for PoA |
| 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 | Choice Broking Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.50% | 0.2% |
| Intraday Delivery | 0.05% | 0.02% |
| Equity Futures | 0.05% | 0.02% |
| Equity Options | ₹75 per contract | ₹50 per lot |
| Currency Futures | ₹20 per contract | ₹10 per lot |
| Currency Options | ₹20 per contract | ₹10 per lot |
| Commodity | 0.03% | 0.02% |
| Calculate Brokerage | Motilal Oswal Brokerage Calculator | Choice Broking Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 times on Intraday | Upto 10 times for Intraday, 2 times for Delivery |
| Equity Futures | Upto 20 times on Intraday | 3 times for Intraday |
| Equity Options | Upto 4 times | 2 times for Intraday |
| Currency Futures | Upto 20 times on Intraday | 2 times for Intraday |
| Currency Options | Upto 4 times | 2 times for Intraday |
| Commodities | Upto 4 times | 3 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 | ODIN Diet, Choice Index Mobile App, Choice Investica |
| Complaints percentage | 0.05% | 0.23% |
| 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 Choice Broking 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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Date
Broker Name
Choice Broking Vs Motilal Oswal
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