Zeroshulk Vs Motilal Oswal
| |Zeroshulk 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.
Zeroshulk Vs Motilal Oswal Comparison
Here is a point by point comparison of Zeroshulk Vs Motilal Oswal.
Zeroshulk is a discount stock broker in partnership with Vikson securities. Today Zeroshulk claims to have 9000+ customers who transact across equities, currencies and commodities. It is known for its flexible brokerage plans.
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 a presence in more than 2200 locations around the country.
Discount brokers such as Zeroshulk 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 Zeroshulk 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
Zeroshulk 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 | Zeroshulk Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Discount Stock Broker |
Incorporated In the Year | 1987 | 2008 |
Number of branches across India | 2200 | 1 |
Exchanges | BSE, NSE, NCDEX, MSEI | NSE, BSE, MCX, MCX SX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹1000 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹441 | ₹300 (Free for 1st Year) |
Transaction Charges | Motilal Oswal Transaction Charges | Zeroshulk Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.50% | ₹15 per order or ₹999 per month for unlimited trades |
Intraday Delivery | 0.05% | ₹15 per order or ₹999 per month for unlimited trades |
Equity Futures | 0.05% | ₹15 per order or ₹999 per month for unlimited trades |
Equity Options | ₹75 per contract | ₹15 per order or ₹999 per month for unlimited trades |
Currency Futures | ₹20 per contract | ₹15 per order or ₹999 per month for unlimited trades |
Currency Options | ₹20 per contract | ₹15 per order or ₹999 per month for unlimited trades |
Commodity | 0.03% | ₹15 per order or ₹999 per month for unlimited trades |
Calculate Brokerage | Motilal Oswal Brokerage Calculator | Zeroshulk Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 times on Intraday | Upto 20 times Intraday & 3 times for Delivery |
Equity Futures | Upto 20 times on Intraday | Upto 4 times for Intraday |
Equity Options | Upto 4 times | Buying no leverage, Shorting upto 4 times |
Currency Futures | Upto 20 times on Intraday | Upto 4 times for Intraday |
Currency Options | Upto 4 times | Upto 4 times for Intraday |
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 | Zeroshulk Web, Zeroshulk Trade and Zeroshulk Mobile |
Total BSE+NSE Complaints | 145 | 21 |
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 Zeroshulk Vs Motilal Oswal for the benefits of other readers? Please feel free to share in the comments below.
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