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Motilal Oswal Vs Karvy Online
| | Broker Comparison, Trading | No Comments
Motilal Oswal Vs Karvy Online 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 Karvy Online Comparison
Here is a point by point comparison of Motilal Oswal Vs Karvy Online.
Karvy Online is the broking arm of Karvy Group and has a presence across 400 cities of India. It is involved not only in retail broking but also has a prominent name in institutional and corporate investments.
Incorporated in 1985, Karvy today has a membership with BSE, NSE, MCX-SX, MCX and NCDEX and is one of the top 10 stock brokers in India.
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.
Since both the stock brokers in context here Full service in nature, thus. choosing between the two depends on your preferences, your online appetite, your understanding of the stock market etc.
To make things easy for you, we have listed out the comparison between Motilal Oswal Vs Karvy Online 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 Karvy Online 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 | Karvy Online Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service |
| Incorporated In the Year | 1987 | 1985 |
| Number of branches across India | 2200 | 400 |
| Exchanges | BSE, NSE, NCDEX, MSEI | BSE, NSE, MCX-SX, MCX and NCDEX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹1000 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹420 |
| Demat Account Annual Maintenance Charges | ₹441 | ₹500 (FREE for first year) |
| Transaction Charges | Motilal Oswal Transaction Charges | Karvy Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.50% | 0.3% |
| Intraday Delivery | 0.05% | 0.03% |
| Equity Futures | 0.05% | 0.03% |
| Equity Options | ₹75 per contract | ₹30 per lot |
| Currency Futures | ₹20 per contract | 0.03% |
| Currency Options | ₹20 per contract | ₹30 per lot |
| Commodity | 0.03% | 0.03% |
| Calculate Brokerage | Motilal Oswal Brokerage Calculator | Karvy Online Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 times on Intraday | Intraday upto 20 times, 0 for Delivery |
| Equity Futures | Upto 20 times on Intraday | Upto 4 times for Intraday |
| Equity Options | Upto 4 times | No Leverage for buying, upto 4 times for Shorting Intraday |
| Currency Futures | Upto 20 times on Intraday | No Leverage |
| Currency Options | Upto 4 times | No Leverage |
| Commodities | Upto 4 times | Upto 4 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 | NEST, Karvy Web, Trade Mobile App |
| Total BSE+NSE Complaints | 145 | 229 |
| OVERALL RATING |  |  |
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Motilal Oswal Vs Karvy Online
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