Edelweiss Broking Vs Motilal Oswal
| |Edelweiss 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.
Edelweiss Broking Vs Motilal Oswal Comparison
Here is a point by point comparison of Edelweiss Broking Vs Motilal Oswal.
Edelweiss Broking is a full-service broker based out of Mumbai with clients across Institutional, retail and corporations. It has a client base of around 9 lakh clients and covers around 237 locations from 120+ cities of India. Edelweiss acquired J.P. Morgan asset management company in March 2016 thus widening its coverage and hold in the commodities segment.
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.
Full-service brokers such as Edelweiss 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 Edelweiss 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
Edelweiss 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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Motilal Oswal Review | Edelweiss Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 1987 | 2002 |
Number of branches across India | 2200 | 237 |
Exchanges | BSE, NSE, NCDEX, MSEI | NSE, BSE, MCX-SX and MSEI |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹1000 | ₹1000 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹441 | Free for 1st year, ₹500 from 2nd year |
Transaction Charges | Motilal Oswal Transaction Charges | Edelweiss Broking Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.50% | 0.45% |
Intraday Delivery | 0.05% | 0.06% |
Equity Futures | 0.05% | 0.06% |
Equity Options | ₹75 per contract | ₹150 per lot |
Currency Futures | ₹20 per contract | 0.050% |
Currency Options | ₹20 per contract | ₹50 per lot |
Commodity | 0.03% | NA |
Calculate Brokerage | Motilal Oswal Brokerage Calculator | Edelweiss Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 times on Intraday | Upto 20 times for Intraday, Upto 4 times for Delivery @interest |
Equity Futures | Upto 20 times on Intraday | Upto 3 times for Intraday |
Equity Options | Upto 4 times | Buying No Leverage, Shorting upto 3 times for Intraday |
Currency Futures | Upto 20 times on Intraday | Upto 2 times for Intraday |
Currency Options | Upto 4 times | Buying No Leverage, Shorting upto 3 times for Intraday |
Commodities | Upto 4 times | Upto 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 | Xtreme Trader, Traders Lounge, Mobile Trader |
Total BSE+NSE Complaints | 145 | 78 |
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 Edelweiss 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.
Also, check out some of the other stockbroker comparisons you might be interested in.