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Trading Bells Vs Motilal Oswal
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Trading Bells 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.
Trading Bells Vs Motilal Oswal Comparison
Here is a point by point comparison of Trading Bells Vs Motilal Oswal.
Trading Bells is a Discount stock broker that is based out of Indore and has a presence in over 80 cities of India. It recently got a ₹2 Crore seed round from Swastika Investment in December 2016.
Motilal Oswal is a full-service broker that was incorporated way back in the year 1987. It boasts of 7.5 Lakh customers today with a presence in more than 2200 locations around the country.
Discount brokers such as Trading Bells offer trading services at much cheaper brokerage rates and reasonable customer service. 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 Trading Bells 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
Trading Bells 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 | Trading Bells Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Discount Broker |
| Incorporated In the Year | 1987 | 2014 |
| 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 | ₹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 | Trading Bells Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.50% | ₹0 |
| Intraday Delivery | 0.05% | 0.01% or ₹20 per executed order whichever is lower |
| Equity Futures | 0.05% | 0.01% or ₹20 per executed order whichever is lower |
| Equity Options | ₹75 per contract | Flat ₹20 per executed order |
| Currency Futures | ₹20 per contract | 0.01% or ₹20 per executed order whichever is lower |
| Currency Options | ₹20 per contract | Flat ₹20 per executed order |
| Commodity | 0.03% | 0.01% or ₹20 per executed order whichever is lower |
| Calculate Brokerage | Motilal Oswal Brokerage Calculator | Trading Bells Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 times on Intraday | Upto 10 times Intraday |
| Equity Futures | Upto 20 times on Intraday | Upto 3 times for Intraday |
| Equity Options | Upto 4 times | Buying no leverage |
| Currency Futures | Upto 20 times on Intraday | Upto 2 times for Intraday |
| Currency Options | Upto 4 times | Upto 3 times for Intraday |
| 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, NETNET Lite, NSE Now, Mobile Trade |
| Total BSE+NSE Complaints | 145 | 9 |
| OVERALL RATING |  | |
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Trading Bells Vs Motilal Oswal
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