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Trade Smart Online Vs Motilal Oswal
| | Broker Comparison, Trading | No Comments
Trade Smart Online 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.
Trade Smart Online Vs Motilal Oswal Comparison
Here is a point by point comparison between Trade Smart Online Vs Motilal Oswal.
Trade Smart Online is a discount broker that was incorporated by VNS – a stock broking firm that was founded in 1994. Discount brokers such as Trade Smart Online charge a fixed amount at the transaction level and is independent of the size of the transaction.
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 Trade Smart Online is Online, be it – customer service, trading, account opening and so on. At the same time, Motilal Oswal will help you, spoon feed you, hand hold 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 Trade Smart Online 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
Trade Smart Online 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.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| Motilal Oswal Review | Trade Smart Online Review | |
| OVERVIEW | ||
| Incorporated In the Year | 1987 | 1994 |
| Number of branches across India | 2200 | 1 |
| Exchanges | BSE, NSE, NCDEX, MSEI | NSE, BSE, MCX, MCX-SX and NCDEX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹1000 | ₹200 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹200 |
| Demat Account Annual Maintenance Charges | ₹441 | ₹300 |
| Transaction Charges | Motilal Oswal Transaction Charges | Trade Smart Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.50% | ₹15 per executed order or 0.07% depending on the plan |
| Intraday Delivery | 0.05% | ₹15 per executed order or 0.007% depending on the plan |
| Equity Futures | 0.05% | ₹15 per executed order or 0.007% depending on the plan |
| Equity Options | ₹75 per contract | ₹15 or ₹7 per executed order depending on the plan |
| Currency Futures | ₹20 per contract | ₹15 per executed order or 0.007% depending on the plan |
| Currency Options | ₹20 per contract | ₹15 per executed order or 0.007% depending on the plan |
| Commodity | 0.03% | ₹15 per executed order or 0.007% depending on the plan |
| Calculate Brokerage | Motilal Oswal Brokerage Calculator | Trade Smart Online Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 times on Intraday | Intraday upto 30 times |
| Equity Futures | Upto 20 times on Intraday | Upto 5 times |
| Equity Options | Upto 4 times | Upto 5 times |
| Currency Futures | Upto 20 times on Intraday | Upto 3 times |
| Currency Options | Upto 4 times | Upto 3 times |
| Commodities | Upto 4 times | Upto 5 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) | Motilal Mobile App, Tablet, Desktop, Smart Watch app, Web Platforms | NOW, Nest, Spin |
| Total BSE+NSE Complaints | 145 | 14 |
| OVERALL RATING |  | |
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Trade Smart Online Vs Motilal Oswal
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