RK Global Vs Motilal Oswal
| |RK Global 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.
RK Global Vs Motilal Oswal Comparison
Here is a point by point comparison of RK Global Vs Motilal Oswal.
Started in the year 1995 in the equity markets, RK Global opened out to other segments by 2004 with PAN India presence. By 2006, RK Global was already offering e-trading options with unlimited trading plans. Now, as a discount stock broker, they have a huge presence across 24 states and 150+ locations in India.
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 presence in more than 2200 locations around the country.
Discount brokers such as RK Global offer trading services at much cheaper brokerage rates and reasonable customer service. Full-service brokers such as 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 and so on.
To make things easy for you, we have listed out the comparison between RK Global 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
RK Global 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.
Motilal Oswal Review | R K Global Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Discount Broker |
Incorporated In the Year | 1987 | 1995 |
Number of branches across India | 2200 | 150 |
Exchanges | BSE, NSE, NCDEX, MSEI | NSE, BSE, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹1000 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹50 |
Demat Account Annual Maintenance Charges | ₹441 | ₹250, First year Free |
Transaction Charges | Motilal Oswal Transaction Charges | RK Global Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.50% | ₹9 per executed order or ₹999 per month for unlimited trading |
Intraday Delivery | 0.05% | ₹9 per executed order or ₹999 per month for unlimited trading |
Equity Futures | 0.05% | ₹9 per executed order or ₹999 per month for unlimited trading |
Equity Options | ₹75 per contract | ₹9 per executed order or ₹999 per month for unlimited trading |
Currency Futures | ₹20 per contract | ₹0.99 per lot or ₹999 per month for unlimited trading |
Currency Options | ₹20 per contract | ₹0.99 per lot or ₹999 per month for unlimited trading |
Commodity | 0.03% | ₹9 per executed order or ₹999 per month for unlimited trading |
Calculate Brokerage | Motilal Oswal Brokerage Calculator | RK Global Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 times on Intraday | Upto 8 to 10 times for Intraday, no leverage for Delivery |
Equity Futures | Upto 20 times on Intraday | 5 times for Intraday |
Equity Options | Upto 4 times | 5 times for Intraday |
Currency Futures | Upto 20 times on Intraday | Upto 3 times |
Currency Options | Upto 4 times | Upto 3 times |
Commodities | Upto 4 times | 5 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 | RKG DIET ODIN, RKG MOBILE TRADING |
Total BSE+NSE Complaints in 2016 | 145 | 23 |
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 RK Global Vs Motilal Oswal 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.