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Motilal Oswal Vs Finvasia
| | Broker Comparison, Trading | No Comments
Motilal Oswal Vs Finvasia 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.
Motilal Oswal Vs Finvasia Comparison
Here is a point by point comparison of Motilal Oswal Vs Finvasia.
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.
Finvasia is a discount broker launched in 2013 with a unique proposition of zero brokerage charges on trading. The broker charges its clients on the basis of the trading platform(s) subscribed to. Based out of Chandigarh, Finvasia allows to trade in Equity, Commodity and Derivatives and not in currency.
Discount brokers such as Finvasia offer trading services at much cheaper brokerage rates and reasonable customer service. On the other hand, 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 Motilal Oswal Vs Finvasia 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
Motilal Oswal Vs Finvasia 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 | Finvasia Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Discount Broker |
| Incorporated In the Year | 1987 | 2013 |
| Number of branches across India | 2200 | 1 |
| Exchanges | BSE, NSE, NCDEX, MSEI | NSE, BSE, MCX |
| 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 | Finvasia Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.50% | ₹149 per month per segment |
| Intraday Delivery | 0.05% | ₹149 per month per segment |
| Equity Futures | 0.05% | ₹149 per month per segment |
| Equity Options | ₹75 per contract | ₹149 per month per segment |
| Currency Futures | ₹20 per contract | ₹149 per month per segment |
| Currency Options | ₹20 per contract | ₹149 per month per segment |
| Commodity | 0.03% | ₹149 per month per segment |
| Calculate Brokerage | Motilal Oswal Brokerage Calculator | |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 times on Intraday | Upto 10 times for Intraday |
| Equity Futures | Upto 20 times on Intraday | Upto 2 times |
| Equity Options | Upto 4 times | NA |
| Currency Futures | Upto 20 times on Intraday | NA |
| Currency Options | Upto 4 times | NA |
| Commodities | Upto 4 times | Upto 2 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, AMI Broker, Presto, Blitz |
| Total BSE+NSE Complaints | 145 | 4 |
| 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 Motilal Oswal Vs Finvasia for the benefits of other readers? Please feel free to share in the comments below.
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Summary
Reviewer
A Digital Blogger
Date
Broker Name
Motilal Oswal Vs Finvasia
Overall Rating
