Motilal Oswal Account Opening Charges
| |Charges
Motilal Oswal is a full-service stockbroker and hence offers multiple services like research, advisory, portfolio management services, and lots more along with demat and trading services. Here to reap the benefits of all these services it is important to have a demat account, but what are the Motilal Oswal Account opening charges?
Since it is a full-service broker, many consider it to be an expensive broker, but is that true?
Does Motilal Oswal actually charge for its demat account opening services? Well! for this, let’s check the details below.
Motilal Oswal Demat Account Opening Charges
Motilal Oswal account opening process is completely online and when it comes to fees and charges than the broker does not charge any fees for opening an account.
Yes, it is true, like many other stockbrokers in the market, Motilal Oswal demat account can be opened for FREE!
Below is the table with the detail of Motilal Oswal demat account charges.
Motilal Oswal Account Opening Charges | |
Account Opening Charges | Zero |
Opening this free demat account provides you the access to the following services:
- Free Investment app, MO Investor
- MO Trader app for trading in different stocks.
- Research and Advisory services
- Portfolio Management Service to maximize your investment horizon and returns
Although, Motilal Oswal account opening charges are zero one needs to pay respective fees for trading in different segments. For this, the broker provides different brokerage plan, like the one Motilal Oswal Value Pack allows you to trade at the minimum cost of 0.007% in intraday trading.
Isn’t that attractive?
So, if you want to begin your investment journey with Motilal Oswal, then follow a few simple steps to open a demat account and get started with your trading and investment journey.
Conclusion
Motilal Oswal one of the oldest stockbrokers in the industry is known for its reliability and better services. No doubt the broker offers multiple benefits and an offering of free demat account.
Other than the account opening fees, Motilal Oswal AMC charges vary according to the brokerage plan you opt for or the margin you maintain in your trading account. Check the details and reap the benefits of the investment journey with the broker.
Want to begin your investment journey in the stock market? If yes, then get in touch with us now and we will assist you in choosing the right stockbroker and in opening a demat account online for FREE!