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Zipper Trade Vs Motilal Oswal
| | Broker Comparison, Trading | No Comments
Zipper Trade 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.
Zipper Trade Vs Motilal Oswal Comparison
Here is a point by point comparison of Zipper Trade 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.
Zipper Trade is a discount broker launched recently in 2016 from the house of RK Stock holding. The broker free account opening but does a pretty average job in aspects such as trading platforms, service, exposure.
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. Discount brokers such as Zipper Trade offer trading services at much cheaper brokerage rates and reasonable customer service.
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 Zipper Trade 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
Zipper Trade 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 | Zipper Trade Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Discount Stock Broker |
| Incorporated In the Year | 1987 | 2016 |
| Number of branches across India | 2200 | 1 |
| Exchanges | BSE, NSE, NCDEX, MSEI | NSE, BSE, MCX-SX, MCX and NCDEX |
| 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 | Zipper Trade Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.50% | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
| Intraday Delivery | 0.05% | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
| Equity Futures | 0.05% | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
| Equity Options | ₹75 per contract | ₹15 per executed order |
| Currency Futures | ₹20 per contract | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
| Currency Options | ₹20 per contract | ₹15 per executed order |
| Commodity | 0.03% | ₹15 per executed order |
| Calculate Brokerage | Motilal Oswal Brokerage Calculator | Zipper Trade Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 times on Intraday | Upto 10 times for Intraday, No exposure for Delivery |
| Equity Futures | Upto 20 times on Intraday | 2 times for Intraday |
| Equity Options | Upto 4 times | 3 times for Intraday |
| Currency Futures | Upto 20 times on Intraday | 2 times for Intraday |
| Currency Options | Upto 4 times | 3 times for Intraday |
| Commodities | Upto 4 times | 2 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, NOW Online |
| Complaints percentage | 0.05% | 0.05% |
| 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 Zipper Trade 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.
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Summary
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A Digital Blogger
Date
Broker Name
Zipper Trade Vs Motilal Oswal
Overall Rating
