Motilal Oswal Vs Shriram Insight
| |Motilal Oswal Vs Shriram Insight 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 Shriram Insight Comparison
Here is a point by point comparison of Motilal Oswal Vs Shriram Insight.
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.
Shriram Insight is a full-service stock broker with a presence in around 700 different locations across India. The broker provides free account opening with reasonable brokerage rates but the quality of its service and research can be improved.
Full-service brokers such as Motilal Oswal or Shriram Insight 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 Shriram Insight 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 Shriram Insight 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.
Shriram Insight Review | Motilal Oswal Review | |
OVERVIEW | ||
Incorporated In the Year | 1974 | 1987 |
Number of branches across India | 700 | 2200 |
Exchanges | NSE, BSE, MCX, RCL | BSE, NSE, NCDEX, MSEI |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹1000 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹290 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹441 |
Transaction Charges | Shriram Insights Transaction Charges | Motilal Oswal Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% | 0.50% |
Intraday Delivery | 0.03% | 0.05% |
Equity Futures | 0.03% | 0.05% |
Equity Options | ₹50 per contract | ₹75 per contract |
Currency Futures | 0.03% | ₹20 per contract |
Currency Options | ₹50 per contract | ₹20 per contract |
Commodity | 0.03% | 0.03% |
Calculate Brokerage | Shriram Insight Brokerage Calculator | Motilal Oswal Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Intraday upto 2 times | Upto 20 times on Intraday |
Equity Futures | Same as margin | Upto 20 times on Intraday |
Equity Options | Same as margin | Upto 4 times |
Currency Futures | Same as margin | Upto 20 times on Intraday |
Currency Options | Same as margin | Upto 4 times |
Commodities | Same as margin | 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) | NetPro Desktop, NetPro Browser, Mobile App | Motilal Mobile App, Tablet, Desktop, Smart Watch app, Web Platforms |
Total BSE+NSE Complaints Percentage | 0.05% | 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 Shriram Insight 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.