Marwadi Shares Vs Motilal Oswal
| |Marwadi Shares 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.
Here is a point by point comparison of Marwadi Shares 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.
Marwadi Shares is a Gujarat based full-service stockbroker and has around 1450 branches across different parts of the country. The broker offers low brokerage charges but has a low focus on developing its in-house trading platforms. Thus, clients must make sure to understand their requirements before opening the account.
Full-service brokers such as Marwadi Shares 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 Marwadi Shares 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
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 | Marwadi Group Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service |
Incorporated In the Year | 1987 | 1992 |
Number of branches across India | 2200 | 1450 |
Exchanges | BSE, NSE, NCDEX, MSEI | NSE, BSE, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹1000 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹441 | ₹450 per year or ₹2500 for lifetime |
Transaction Charges | Motilal Oswal Transaction Charges | Marwadi Shares Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.50% | 0.3% |
Intraday Delivery | 0.05% | 0.06% |
Equity Futures | 0.05% | 0.02% |
Equity Options | ₹75 per contract | ₹100 per lot |
Currency Futures | ₹20 per contract | 0.02% |
Currency Options | ₹20 per contract | ₹100 per lot |
Commodity | 0.03% | 0.02% |
Calculate Brokerage | Motilal Oswal Brokerage Calculator | Marwadi Group 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 | 2 times for Intraday |
Equity Options | Upto 4 times | 4 times for Intraday |
Currency Futures | Upto 20 times on Intraday | 2 times for Intraday |
Currency Options | Upto 4 times | 4 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 | ODIN Diet, NSE Now, Marwadi Trade Mobile App |
Complaints percentage | 0.05% | 0.01% |
OVERALL RATING | ||
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