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Motilal Oswal Vs Prostocks
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Motilal Oswal Vs Prostocks 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 Prostocks Comparison
Here is a Point by Point comparison between Motilal Oswal Vs Prostocks.
Prostocks, relatively a new entrant into the Indian stock market, is a discount broker that charges a flat fee per transaction from the customers. Prostocks was founded in February 2016.
Motilal Oswal, on the other hand, is a full-service broker that came into existence much earlier in the year 1987. It boosts of 7.5 Lakh customers today with presence in more than 2200 locations around the country.
Everything about Prostocks is Online, be it – customer service, trading, account opening and so on. Motilal Oswal, as a full-service broker, 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 etc.
To make things easy for you, we have listed out the comparison between Motilal Oswal Vs Prostocks 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 Prostocks 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.
 |  | |
| Prostocks Review | Motilal Oswal Review | |
| OVERVIEW | ||
| Incorporated In the Year | 2016 | 1987 |
| Number of branches across India | 2 | 2200 |
| Exchanges | BSE, NSE | BSE, NSE, NCDEX, MSEI |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹300 | ₹1000 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹1000 (Refundable) | ₹441 |
| Transaction Charges | Prostocks Transaction Charges | Motilal Oswal Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed trade | 0.50% |
| Intraday Delivery | ₹15 per executed trade | 0.05% |
| Equity Futures | ₹15 per executed trade | 0.05% |
| Equity Options | ₹15 per executed trade | ₹75 per contract |
| Currency Futures | ₹15 per executed trade | ₹20 per contract |
| Currency Options | ₹15 per executed trade | ₹20 per contract |
| Commodity | NA | 0.03% |
| Calculate Brokerage | Prostocks Brokerage Calculator | Motilal Oswal Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 7 times & Delivery upto 1 time | Upto 20 times on Intraday |
| Equity Futures | Upto 1.5 times | Upto 20 times on Intraday |
| Equity Options | Upto 1.5 times | Upto 4 times |
| Currency Futures | NA | Upto 20 times on Intraday |
| Currency Options | NA | Upto 4 times |
| Commodities | NA | Upto 4 times |
| 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) | ProStocks Web, ProStocks Mobile and ProStocks Desktop | Motilal Mobile App, Tablet, Desktop, Smart Watch app, Web Platforms |
| Complaints Percentage of Active Clients | 0.15% | 0.05% |
| 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 Prostocks 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.
Summary
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A Digital Blogger
Date
Broker Name
Motilal Oswal Vs Prostocks
Overall Rating
