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Motilal Oswal Vs Fyers
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Motilal Oswal Vs Fyers 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 Fyers Comparison
Here is a point by point comparison of Motilal Oswal Vs Fyers.
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 a presence in more than 2200 locations around the country.
Fyers is a discount broker launched recently in April 2015. It stands for “Focus Your Energy & Reform the Self” and is known for its advanced trading platforms with different unique features across mobile, web and desktop.
Everything about discount brokers such as Fyers is Online. be it – customer service, trading, account opening etc. Full-service brokers such as Motilal Oswal will help you, spoon feed you, hand hold 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 Fyers to help you find which of the two suits your needs better.
The comparison is made in various aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Motilal Oswal Vs Fyers 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 and which one to go for.
 |  | |
| Motilal Oswal Review | Fyers Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Discount Broker |
| Incorporated In the Year | 1987 | 2015 |
| Number of branches across India | 2200 | 1 |
| Exchanges | BSE, NSE, NCDEX, MSEI | BSE, NSE |
| 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 | ₹400 |
| Transaction Charges | Motilal Oswal Transaction Charges | Fyers Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.50% | ₹20 per executed order |
| Intraday Delivery | 0.05% | ₹20 per executed order |
| Equity Futures | 0.05% | ₹20 per executed order |
| Equity Options | ₹75 per contract | ₹20 per executed order |
| Currency Futures | ₹20 per contract | ₹20 per executed order |
| Currency Options | ₹20 per contract | ₹20 per executed order |
| Commodity | 0.03% | NA |
| Calculate Brokerage | Motilal Oswal Brokerage Calculator | Fyers Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 times on Intraday | Upto 15 times for Intraday, 3 to 5 times for Delivery |
| Equity Futures | Upto 20 times on Intraday | Upto 5 times |
| Equity Options | Upto 4 times | Upto 5 times |
| Currency Futures | Upto 20 times on Intraday | Upto 5 times |
| Currency Options | Upto 4 times | Upto 5 times |
| Commodities | Upto 4 times | NA |
| 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 | FYERS One, FYERS Markets, FYERS Web Trader |
| Total BSE+NSE Complaints | 145 | 38 |
| OVERALL RATING |  |  |
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Motilal Oswal Vs Fyers
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