Motilal Oswal Vs Religare Securities
| |Motilal Oswal Vs Religare Securities 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 Religare Securities Comparison
Here is a point by point comparison of Motilal Oswal Vs Religare Securities.
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.
Religare Securities, a subsidiary of Religare Enterprises Limited is also a full-service broker with more than 8 Lakh clients from more than 500 cities of India. It allows its clients to trade across different segments such as Equity, Derivatives, commodities, currency etc
It can become very difficult to decide between two full-service brokers like Motilal Oswal & Religare since they offer very similar propositions. However, if you are able to see how one type of broker is different from the other on a side to side level, making a choice can be relatively simpler.
Thus, to make things easy for you, we have listed out the comparison between Religare Securities 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
Religare Securities vs Motilal Oswal 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 stock broking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Motilal Oswal Review | Religare Securities Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 1987 | 1994 |
Number of branches across India | 2200 | 500 |
Exchanges | BSE, NSE, NCDEX, MSEI | NSE, BSE, MCX-SX, MCX & NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹1000 | ₹500 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹441 | ₹300 |
Transaction Charges | Motilal Oswal Transaction Charges | Religare Securities Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.50% | 0.5% |
Intraday Delivery | 0.05% | 0.05% |
Equity Futures | 0.05% | 0.05% |
Equity Options | ₹75 per contract | ₹70 per lot |
Currency Futures | ₹20 per contract | 0.05% |
Currency Options | ₹20 per contract | ₹30 per lot |
Commodity | 0.03% | 0.05% |
Calculate Brokerage | Motilal Oswal Brokerage Calculator | Religare Securities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 times on Intraday | Upto 10 times Intraday, Upto 4 times delivery @interest |
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 3 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 | Religare Online, Trade On the Go, ODIN |
Total BSE+NSE Complaints | 145 | 139 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Motilal Oswal Vs Religare Securities 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.
In case you are looking to open a Demat account, get started by entering basic details below: