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Reliance Money Vs Motilal Oswal
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Reliance Money Vs Motilal Oswal 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.
Reliance Money Vs Motilal Oswal Comparison
Here is a point by point comparison of Reliance Securities Vs Motilal Oswal.
Reliance Money is the trading arm of Reliance Capital. It was founded in the year 2006 and currently has a customer base of 7 lakh with presence in over 1700 branches.
Motilal Oswal also is a full service broker but was incorporated much earlier in the year 1987. It boasts of 7.5 Lakh customers with presence in more than 2200 locations around the country.
Full-service brokers Reliance Securities and 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 etc.
To make things easy for you, we have listed out the comparison between Reliance 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
Reliance Money 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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| Reliance Securities Review | Motilal Oswal Review | |
| OVERVIEW | ||
| Incorporated In the Year | 2006 | 1987 |
| Number of branches across India | 1700 | 2200 |
| Exchanges | NSE, BSE, & MCX-SX | BSE, NSE, NCDEX, MSEI |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹950 | ₹1000 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹400 | ₹441 |
| Transaction Charges | Reliance Securities Transaction Charges | Motilal Oswal Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.5% to 0.08% | 0.50% |
| Intraday Delivery | 0.05% to 0.005% | 0.05% |
| Equity Futures | 0.05% to 0.005% | 0.05% |
| Equity Options | ₹7 to ₹10 per lot | ₹75 per contract |
| Currency Futures | 0.04% | ₹20 per contract |
| Currency Options | ₹40 per lot | ₹20 per contract |
| Commodity | NA | 0.03% |
| Calculate Brokerage | Reliance Securities Brokerage Calculator | Motilal Oswal Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, Upto 3 times for Delivery | Upto 20 times on Intraday |
| Equity Futures | Upto 3 times for Intraday | Upto 20 times on Intraday |
| Equity Options | No Leverage | Upto 4 times |
| Currency Futures | No Leverage | Upto 20 times on Intraday |
| Currency Options | No Leverage | 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) | InstaExpress | Motilal Mobile App, Tablet, Desktop, Smart Watch app, Web Platforms |
| Total BSE+NSE Complaints | 69 | 145 |
| 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 Reliance Money Vs Motilal Oswal for the benefits of other readers?
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Reliance Money Vs Motilal Oswal
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