Motilal Oswal Commodity Brokerage

Willing to open a commodity trading account with Motilal Oswal?  But wait! Are you aware of the trading charges? If not, then here is the Motilal Oswal Commodity brokerage.

Since Motilal Oswal is a full-service stockbroker it imposes comparatively higher brokerage but comes up with the brokerage plan that helps traders to trade at a low cost. 

Motilal Oswal Commodity Brokerage Charges

Motilal Oswal is registered with the commodity exchange, NCDEX, and MCX and so you can trade easily in different commodities by opening a Motilal Oswal demat account. 

To trade in different commodities listed in the exchange, the trader has to pay the brokerage of 0.05% per trade or ₹100 per lot to trade in commodity futures and options respectively:

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Motilal Oswal Value Pack

If you are an active trader then you can end up paying the minimum charges with Value Pack, provided by the broker. To activate this plan you need to pay certain upfront fees that ranges from ₹2000 to ₹3,00,000 and reap the benefit of low brokerage accordingly.

The details of the Value Pack brokerage plan is tabulated below:

*In the situation of cash, the minimum amount in the first and second leg is 1 paise.

To understand the concept in a more straightforward way, let’s assume an example.

For example, Ishaan trade in Futures trade and choose the Value Pack by paying the upfront fees of ₹2000. Here the brokerage is 0.040% which means, if he got the Total Turnover of ₹ 1 lakh, Ishaan is needed to pay 0.040% of it, i.e., ₹40.

On the other hand, if he had opted for the standard brokerage plan he would have paid the brokerage of ₹50 (0.05%*1,00,000).

Thus, Motilal Oswal brokerage can be reduced on the basis of the plan you opt for.

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Motilal Oswal Commodity Brokerage Calculator

But what do you think, it is the actual brokerage Ishaan paid to the broker? Well, the answer is NO.

There are some additional charges like STT charges, GST that need to be evaluated.

So, you might be wondering about the actual brokerage deducted from Ishaan’s trading account? So, let’s make it easy with Motilal Oswal Brokerage Calculator. 

Here just enter the buy, sell price along with the number of shares, and the actual brokerage along with Profit/Loss percentage appears on the screen. 

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Conclusion

Thus, the Motilal Oswal commodity brokerage depends upon the plan you opt for and further upon your trade volume. 

If you are a newbie, then it is good to grab a piece of full information on different brokerage plans and their benefits. 

Along with this, make the best use of the brokerage calculator to get a fair idea of the trading charges and your Profit or Loss made in trade. 

So, it is time to think, compare and calculate!

Happy Trading!

By the way, in case you need any help whatsoever in taking your investment journey ahead, just fill in a few basic details and we will help you out:

 

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