Motilal Oswal Vs Composite Edge
| |Motilal Oswal Vs Composite Edge 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.
Motilal Oswal Vs Composite Edge Comparison
Here is a point by point comparison of Motilal Oswal Vs Composite Edge.
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.
Composite Edge started way back in 1994 but recently pivoted to discount broking a few years back. Based out of Bengaluru, Composite edge is known for its incentivization towards heavy brokers with its brokerage charges getting lower for heavy traders.
Discount brokers such as Composite Edge offer trading services at much cheaper brokerage rates and reasonable customer service. Full-service brokers such as 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 Motilal Oswal Vs Composite Edge 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
Motilal Oswal Vs Composite Edge 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 | Composite Edge Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Discount Broker |
Incorporated In the Year | 1987 | 1994 |
Number of branches across India | 2200 | 1 |
Exchanges | BSE, NSE, NCDEX, MSEI | BSE, NSE, MCX-SX and MCX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹1000 | ₹350 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹50 |
Demat Account Annual Maintenance Charges | ₹441 | ₹300 |
Transaction Charges | Motilal Oswal Transaction Charges | Composite Edge Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.50% | ₹18 or 0.06% whichever is lower |
Intraday Delivery | 0.05% | ₹18 or 0.006% whichever is lower |
Equity Futures | 0.05% | ₹18 or 0.006% whichever is lower |
Equity Options | ₹75 per contract | ₹18 or 0.006% whichever is lower |
Currency Futures | ₹20 per contract | ₹18 or 0.006% whichever is lower |
Currency Options | ₹20 per contract | ₹18 or 0.006% whichever is lower |
Commodity | 0.03% | ₹18 or 0.006% whichever is lower |
Calculate Brokerage | Motilal Oswal Brokerage Calculator | Composite Edge Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 times on Intraday | Upto 5 times Intraday |
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 2 times for Intraday |
Commodities | Upto 4 times | Upto 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 | NOW, Now Online, NSE Mobile |
Total BSE+NSE Complaints | 145 | 5 |
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 Motilal Oswal Vs Composite Edge 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.