Motilal Oswal Vs Networth Direct
| |Motilal Oswal Vs Networth Direct 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 Networth Direct Comparison
Here is a point by point comparison of Motilal Oswal Vs Networth Direct.
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.
Networth Direct (earlier called Monarch Networth) is a full-service stockbroker based out of Ahmedabad with a total employee strength of around 650. The broker is known for a wide range of trading and investment products along with decent research quality.
Furthermore, the broker has an offline presence in around 325 locations across different parts of India.
Full-service brokers such as Motilal Oswal or Networth Direct 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 Networth Direct 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 Networth Direct 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.
Networth Direct Review | Motilal Oswal Review | |
OVERVIEW | ||
Incorporated In the Year | 1995 | 1987 |
Number of branches across India | 325 | 2200 |
Exchanges | NSE, BSE, MCX-SX, MCX and NCDEX | BSE, NSE, NCDEX, MSEI |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹1000 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹400 | ₹441 |
Transaction Charges | Monarch Networth Transaction Charges | Motilal Oswal Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% to 0.1% | 0.50% |
Intraday Delivery | 0.05% to 0.03% | 0.05% |
Equity Futures | 0.05% to 0.03% | 0.05% |
Equity Options | ₹60 to ₹25 per lot | ₹75 per contract |
Currency Futures | 0.05% to 0.03% | ₹20 per contract |
Currency Options | ₹60 to ₹25 per lot | ₹20 per contract |
Commodity | 0.05% to 0.03% | 0.03% |
Calculate Brokerage | Networth Capital Brokerage Calculator | Motilal Oswal Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday, & 3 times for Delivery | Upto 20 times on Intraday |
Equity Futures | Upto 3 times Intraday | Upto 20 times on Intraday |
Equity Options | No Leverage | Upto 4 times |
Currency Futures | Upto 2 times Intraday | Upto 20 times on Intraday |
Currency Options | No Leverage | Upto 4 times |
Commodities | Upto 3 times Intraday | Upto 4 times |
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) | MNCL Mobile, N-Easy, N-Swift | Motilal Mobile App, Tablet, Desktop, Smart Watch app, Web Platforms |
BSE+NSE Complaints% | 0.07% | 0.05% |
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 Networth Direct 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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