Samco Vs Motilal Oswal
| |Samco 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.
Samco Vs Motilal Oswal Comparison
Here is a point by point comparison between Samco Vs Motilal Oswal.
Samco is a discount broker that was incorporated recently in 2015 and charges a flat fee per transaction from its customers.
Motilal Oswal, on the other hand, is a full-service broker that was incorporated much earlier in 1987. It boasts of 7.5 Lakh customers with a presence in more than 2200 locations around the country. Everything about Samco is Online, be it – customer service, trading, account opening and so on.
Motilal Oswal, as a full-service broker, 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 Samco 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
Samco 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.
Samco Review | Motilal Oswal Review | |
OVERVIEW | ||
Incorporated In the Year | 2015 | 1987 |
Number of branches across India | 1 | 2200 |
Exchanges | BSE, NSE, MCX-SX, MCX and NCDEX | BSE, NSE, NCDEX, MSEI |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹800-₹1400 | ₹1000 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹400 | ₹441 |
Transaction Charges | Samco Transaction Charges | Motilal Oswal Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹20 or 0.2% per executed trade whichever is lower | 0.50% |
Intraday Delivery | ₹20 or 0.02% per executed trade whichever is lower | 0.05% |
Equity Futures | ₹20 or 0.02% per executed trade whichever is lower | 0.05% |
Equity Options | ₹20 per executed trade | ₹75 per contract |
Currency Futures | ₹20 or 0.02% per executed trade whichever is lower | ₹20 per contract |
Currency Options | ₹20 per executed trade | ₹20 per contract |
Commodity | ₹20 or 0.02% per executed trade whichever is lower | 0.03% |
Calculate Brokerage | Samco Brokerage Calculator | Motilal Oswal Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 4 times | Upto 20 times on Intraday |
Equity Futures | Upto 4 times | Upto 20 times on Intraday |
Equity Options | Upto 4 times | Upto 4 times |
Currency Futures | Upto 4 times | Upto 20 times on Intraday |
Currency Options | Upto 4 times | 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) | Trader, Web5, Mobile App | Motilal Mobile App, Tablet, Desktop, Smart Watch app, Web Platforms |
Total BSE+NSE Complaints | 40 | 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 Samco Vs Motilal Oswal for the benefits of other readers? Please feel free to share in the comments below.