Motilal Oswal Vs Geojit
| |Motilal Oswal Vs Geojit 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 Geojit
Here is a point by point comparison of Motilal Oswal Vs Geojit.
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.
Geojit is one of the prominent full-service brokers in India with 8,00,000 clients across 509 offices across the country. At the same time, Geojit also has an international presence across middle eastern countries such as Saudi Arabia, Bahrain, UAE, Oman and Kuwait.
Full-service brokers such as Motilal Oswal or Geojit 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 Geojit 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 Geojit 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 | Geojit BNP Paribas Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 1987 | 1987 |
Number of branches across India | 2200 | 509 |
Exchanges | BSE, NSE, NCDEX, MSEI | BSE, NSE, MCX-SX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹1000 | ₹425 |
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 | Geojit BNP Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.50% | 0.3% |
Intraday Delivery | 0.05% | 0.03% |
Equity Futures | 0.05% | 0.03% |
Equity Options | ₹75 per contract | ₹125 per contract |
Currency Futures | ₹20 per contract | 0.03% |
Currency Options | ₹20 per contract | ₹125 per contract |
Commodity | 0.03% | NA |
Calculate Brokerage | Motilal Oswal Brokerage Calculator | Geojit BNP Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 times on Intraday | Intraday upto 10 times, For Delivery upto 7 days but with interest of 22%/annum |
Equity Futures | Upto 20 times on Intraday | No additional leverage for Intraday |
Equity Options | Upto 4 times | No additional leverage for Intraday |
Currency Futures | Upto 20 times on Intraday | No additional leverage for Intraday |
Currency Options | Upto 4 times | No additional leverage for Intraday |
Commodities | Upto 4 times | NA |
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 | Selfie Platinum, Selfie Gold, Mobile App |
Total BSE+NSE Complaints | 145 | 39 |
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 Geojit 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.
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