Goodwill Commodities Vs Motilal Oswal
| |Goodwill Commodities 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.
Goodwill Commodities Vs Motilal Oswal Comparison
Here is a point by point comparison of Goodwill Commodities Vs Motilal Oswal.
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.
Goodwill Commodities is a Chennai based full-service stockbroker which has expertise in commodity trading. The broker was established in 2008 and has a presence in 27 locations across different cities of India. Goodwill Commodities is known to provide high exposure but has a relatively low focus on technology.
Full-service brokers such as Goodwill Commodities or 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 Goodwill Commodities 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
Goodwill Commodities 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 | Goodwill Commodities Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service |
Incorporated In the Year | 1987 | 2008 |
Number of branches across India | 2200 | 27 |
Exchanges | BSE, NSE, NCDEX, MSEI | BSE, NSE, MCX, NCDEX, MSEI |
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 | ₹0 |
Transaction Charges | Motilal Oswal Transaction Charges | Goodwill Commodities Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.50% | 0.5% |
Intraday Delivery | 0.05% | 0.1% |
Equity Futures | 0.05% | 0.1% |
Equity Options | ₹75 per contract | 2.5% on the premium or ₹100 per contract, whichever is higher |
Currency Futures | ₹20 per contract | 0.1% |
Currency Options | ₹20 per contract | 2.5% on the premium or ₹30 per contract, whichever is higher |
Commodity | 0.03% | 0.1% |
Calculate Brokerage | Motilal Oswal Brokerage Calculator | Goodwill Commodities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 times on Intraday | Upto 5 times Intraday, Upto 2 times delivery |
Equity Futures | Upto 20 times on Intraday | Upto 3 times for Intraday |
Equity Options | Upto 4 times | No Leverage |
Currency Futures | Upto 20 times on Intraday | Upto 2 times for Intraday |
Currency Options | Upto 4 times | No Leverage |
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 | ODIN Diet, NEST, iWin Mobile App, Goodwill Web Trading app |
Complaints percentage | 0.05% | 0.15% |
OVERALL RATING | ||
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