Looking for Low Brokerage, High Margin & Free Tips?
LKP Securities Vs Motilal Oswal
| | Broker Comparison, Trading | 1 Comment
LKP Securities 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.
LKP Securities Vs Motilal Oswal Comparison
Here is a point by point comparison of LKP Securities Vs Motilal Oswal.
LKP Securities is a full service stock broker based out of Mumbai and has presence in more than 2300 locations across 200 cities of India. Started as a securities brokerage house in 1948, LKP Securities is a listed public company that posted a networth of ₹158 Crore for the FY 2016-17.
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.
Full-service brokers such as LKP Securities or 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 LKP Securities 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
LKP Securities 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 | LKP Securities Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 1987 | 1948 |
| Number of branches across India | 2200 | 17 |
| Exchanges | BSE, NSE, NCDEX, MSEI | NSE, BSE, MCX & MSEI |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹1000 | ₹250 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹441 | ₹200 |
| Transaction Charges | Motilal Oswal Transaction Charges | LKP Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.50% | 0.1% |
| Intraday Delivery | 0.05% | 0.01% |
| Equity Futures | 0.05% | 0.01% |
| Equity Options | ₹75 per contract | ₹10 per lot |
| Currency Futures | ₹20 per contract | 0.007% |
| Currency Options | ₹20 per contract | ₹10 per lot |
| Commodity | 0.03% | 0.01% |
| Calculate Brokerage | Motilal Oswal Brokerage Calculator | LKP Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 times on Intraday | Intraday 4 times, Carry forward 1 time |
| Equity Futures | Upto 20 times on Intraday | Upto 2 times Intraday |
| Equity Options | Upto 4 times | Buying No Margin, Shorting upto 2 times for Intraday |
| Currency Futures | Upto 20 times on Intraday | Upto 1.5 times Intraday |
| Currency Options | Upto 4 times | Upto 2 times Intraday |
| Commodities | Upto 4 times | Upto 2 times 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 | LKP Blue, Trade Smart LKP Mobile App, LKP Boss |
| Total BSE+NSE Complaints in 2016 | 145 | 32 |
| 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 LKP Securities Vs Motilal Oswal for the benefits of other readers. Please feel free to share in the comments below.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
In case you are looking to open a Demat account, get started by entering basic details below:
Summary
Reviewer
A Digital Blogger
Date
Broker Name
LKP Securities Vs Motilal Oswal
Overall Rating
One Comment
i find motilal oswal staff less supportive towards the investor and adamant too.