Check reviews of other Share brokers

IIFL vs Motilal Oswal (Compare IIFL and Motilal Oswal)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between IIFL vs Motilal Oswal, Below comparison of IIFL vs Motilal Oswal highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of IIFL vs Motilal Oswal is given below:

IIFL

Open Account

Motilal Oswal

	IIFL	Motilal Oswal

About The Brokers	IIFL : "IIFL is the renowned stockbroker who provides various financial products to its customers at nominal brokerage. They have an excellent online presence and protect you >>> more	Motilal Oswal : "Solid research is considered as the foundation of Motilal Oswal Securities. Almost 10% of revenue is invested on equity research. They have been awarded as India&apos >>> more
Find More Information about the Broker :	IIFL : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Motilal Oswal : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	IIFL : Full Service Broker	Motilal Oswal : Full Service Broker
Promo/offers	IIFL : Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.	Motilal Oswal : N/A
Advantage	IIFL : Offer online IPO and Equity SIP 1900+ branches all over India & have a global presence Trading facility to NRIs is provided Provide multiple broking plans IIFL Trade terminal is one of the best trading terminal in India Offer Commodity Trading & Investment facility in Mutual funds & IPO	Motilal Oswal : Award Winning Research and advice. Trading in all market segments on BSE, NSE, MCX & NCDEX. Huge Sub-brokers & Partner network Good Trading Platform Offer Commodity Trading Free Call and Trade Service.
Disadvantage	IIFL : Scope improvement is there in customer support. Provides only 2-in-1 account facility Less transparency in brokerage plans High brokerage. Minimum Brokerage charges	Motilal Oswal : High brokerage. Not a good fit for small and penny stock traders. They charge minimum brokerage of 20 Rs for your trade. Hidden charges. No brokerage plans available onsite.
Why This	IIFL : Full-service broker who provide 2-in-1 On-line trading account to Indian as well as NRIs present all over the world. Provide IPO service and equity SIP also Amongst top 10 stock brokers in India Best rated mobile Trading Platforms with >1.9m download. Have branches all over India. Approx 1900+ Branches They provide multiple brokerage plans All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O Offer NRI Trading.	Motilal Oswal : Wide Network with over 2200 Sub-brokers and Franchise partners in 500+ cities in India serving >9L customers. Free Call and Trade Service. Dedicated and award winning research with daily, weekly, monthly & yearly reports. 30,000+ research reports across 230+ companies and 21+ sectors. Dedicated large cap, mid cap & technical research teams. Advice across Equity, Derivatives, Commodity, Currency and Mutual Funds. LIVE streaming quotes and technical charts to help you make the right decision. Option to trade across exchanges - BSE, NSE, NCDEX, MCX, MSEI. Dedicated customer service team with a 6-hour query resolution TAT.
	Open Account

IIFL vs Motilal Oswal Account Opening & AMC Charges

IIFL Trading Account Opening Fee is Rs 0 (Free) and Motilal Oswal Trading Account Opening Fee is Rs 0 . IIFL Demat Account AMC is Rs 250 (Free for 1st year) and Motilal Oswal Demat Account AMC is Free (Rs 400 2nd year onward) .

	IIFL	Motilal Oswal
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 0
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0	Demat Account Opening Fee : Rs 0
Demat Account AMC	Demat Account AMC : Rs 250 (Free for 1st year)	Demat Account AMC : Free (Rs 400 2nd year onward)
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : Rs 0

IIFL vs Motilal Oswal Brokerage Charges

IIFL Brokerage Charges Equity Delivery is Rs 20 per order and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order . Motilal Oswal Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% (both side) and Equity Options is Rs 100 per lot (both side) .

	IIFL	Motilal Oswal
Plan Name	Plan Name : Standard Plan	Plan Name : Standard Plan	Plan Name : Value Pack (VP2KLT)	Plan Name : Value Pack (VP1LACLT)
Equity Delivery	Equity Delivery : Rs 20 per order	Equity Delivery : 0.50%	Equity Delivery : 0.10%	Equity Delivery : 0.40%
Equity Intraday	Equity Intraday : Rs 20 per order	Equity Intraday : 0.05% (both side)	Equity Intraday : 0.01% (both side)	Equity Intraday : 0.04% (both side)
Equity Future	Equity Future : Rs 20 per order	Equity Future : 0.05% (both side)	Equity Future : 0.01% (both side)	Equity Future : 0.04% (both side)
Equity Options	Equity Options : Rs 20 per order	Equity Options : Rs 100 per lot (both side)	Equity Options : Rs 20 per lot (both side)	Equity Options : Rs 50 per lot (both side)
Currency Futures	Currency Futures : Rs 20 per order	Currency Futures : Rs 20 per lot (both side)	Currency Futures : Rs 10 per lot (both side)	Currency Futures : Rs 22 per lot (both side)
Currency Options	Currency Options : Rs 20 per order	Currency Options : Rs 20 per lot (both side)	Currency Options : Rs 10 per lot (both side)	Currency Options : Rs 22 per lot (both side)
Monthly Fee	Monthly Fee : NA	Monthly Fee : -	Monthly Fee : Rs 1,00,000 (one time fee)	Monthly Fee : Rs 2000 (one time fee)
Margin Trading	Margin Trading : -	Margin Trading : -	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : Rs 20 per order	Commodity Futures : 0.05% (both side)	Commodity Futures : 0.01% (both side)	Commodity Futures : 0.04% (both side)
Commodity Options	Commodity Options : Rs 20 per order	Commodity Options : -	Commodity Options : -	Commodity Options : -

IIFL vs Motilal Oswal Exchange Transaction Charges

IIFL Exchange Transaction Charges Equity Future is Rs 210 per Cr (0.0021%) and Equity Options is Rs 5100 per Cr (0.051%) (on premium) . Motilal Oswal Exchange Transaction Charges Equity Future is Rs 200 per Cr (0.002%) and Equity Options is NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) .

	IIFL	Motilal Oswal
Equity Delivery	Equity Delivery : Rs 325 per Cr (0.00325%)	Equity Delivery : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 1000 per Cr (0.01%) (each side)
Equity Intraday	Equity Intraday : Rs 325 per Cr (0.00325%)	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 200 per Cr (0.002%) (each side)
Equity Future *	Equity Future : Rs 210 per Cr (0.0021%)	Equity Future : Rs 200 per Cr (0.002%)
Equity Options *	Equity Options : Rs 5100 per Cr (0.051%) (on premium)	Equity Options : NSE Rs 5110 per Cr (0.0511%) \| BSE Rs 200 per Cr (0.002%) (on premium)
Currency Futures *	Currency Futures : Rs 210 per Cr (0.0021%)	Currency Futures : Rs 125 per Cr (0.00125%)
Currency Options	Currency Options : Rs 5100 per Cr (0.051%) (on premium)	Currency Options : Rs 4200 per Cr (0.042%)(on premium)
Commodity	Commodity : Group A - Rs 280 per Cr (0.0028%)	Commodity : MCX: Rs 250 per Cr (0.0025%)

IIFL vs Motilal Oswal Other Charges

IIFL and Call & Trade is Rs 50 per call . Motilal Oswal Minimum Brokerage is Rs 25 for Delivery and Rs 12 for Intraday and Call & Trade is Nil .

	IIFL	Motilal Oswal
Minimum Brokerage	Minimum Brokerage : -	Minimum Brokerage : Rs 25 for Delivery and Rs 12 for Intraday
Call & Trade	Call & Trade : Rs 50 per call	Call & Trade : Nil
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : 0.04% (minimum ₹25 per debit transaction)	DP Charges (on sell side) : ₹20 or 0.025% of transaction value whichever is higher
Other Miscellaneous Charges	Other Miscellaneous Charges : Advisory SMS - Rs 50 per month	Other Miscellaneous Charges : Minimum balance: Rs 1,000

IIFL vs Motilal Oswal Features

IIFL and Motilal Oswal both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	IIFL	Motilal Oswal
Trading Platform	Trading Platform : IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App	Trading Platform : Orion Lite, MO Trader App
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : No
Trading Alerts	Trading Alerts : No	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : -	Referral Program : 1
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : Yes

IIFL vs Motilal Oswal Demat Account Charges

A comparative table of various demat account charges between IIFL and Motilal Oswal is below:

	IIFL	Motilal Oswal
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Rs 0 (free)	Account Opening Fee : Nil
Advance Deposit	Advance Deposit : Rs 0	Advance Deposit : Nil
AMC	AMC : Rs 250 (free for 1st year)	AMC : Rs 700 p.a.
Dematerialisation Charges	Dematerialisation Charges : Rs 15 per certificate	Dematerialisation Charges : Rs 50 per certificate + Rs 50 per request
Rematerialisation Charges	Rematerialisation Charges : Rs 15 per certificate	Rematerialisation Charges : Rs 35 per certificate or per 100 shares and part thereof which ever is higher + 25 courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : Rs 25 per debit transaction	Transaction Charges (debit) : 0.025% or Rs 30
Pledge Creation Charges	Pledge Creation Charges : Rs 10	Pledge Creation Charges : Rs 35 per request
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Rs 0	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : Rs 15	Pledge Invocation Charges : Rs 35 per request
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : Nil
Other Charges	Other Charges : Conversion of MF units: Rs 0, Reconversion of MF units: Rs 0, Courier Charges: Rs 100 per request	Other Charges : Demat Rejection: Rs 50 per request

IIFL vs Motilal Oswal Basic Details

IIFL Year of Incorporation is 1996 and Total Number of Clients is 796313 and Total Number of Branches is 900 . Motilal Oswal Year of Incorporation is 1987 and Total Number of Clients is 905314 and Total Number of Branches is 305 .

	IIFL	Motilal Oswal
Year of Incorporation	Year of Incorporation : 1996	Year of Incorporation : 1987
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX, and NCDEX	Active Exchange Memberships : NSE, BSE, MCX
Demat Services	Demat Services : Yes	Demat Services : Yes
Website	Website : https://www.indiainfoline.com	Website : https://www.motilaloswal.com
Contact Details	Contact Details : 022-400710000	Contact Details : 022-30896680
Total Number of Clients	Total Number of Clients : 796,313	Total Number of Clients : 905,314
Total Number of Branches	Total Number of Branches : 900	Total Number of Branches : 305
Products *	Products : Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution, currency and commodity broking	Products : Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution

IIFL vs Motilal Oswal Orders

Orders

	IIFL	Motilal Oswal
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : No
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : Yes	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes

IIFL vs Motilal Oswal Research and Advice / Trading Tips

Research and Advice / Trading Tips

	IIFL	Motilal Oswal
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : Yes
Comparison *	Comparison : Yes	Comparison : Yes
Free Tips *	Free Tips : Yes	Free Tips : Yes
Daily Market report *	Daily Market report : Yes	Daily Market report : Yes
ETF research *	ETF research : Yes	ETF research : Yes
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : Yes

IIFL vs Motilal Oswal Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	IIFL	Motilal Oswal
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.75,000 to Rs.2,00,000	Investment required for Franchisee / AP : Rs.10000 to Rs.10,00,000

IIFL vs Motilal Oswal Product & Services

IIFL and Motilal Oswal both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	IIFL	Motilal Oswal
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	Margin Trading : Yes
Call in Trade *	Call in Trade : Yes	Call in Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : Yes	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : Yes	NRI Services : Donot Know
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : Yes	Offers Multiple Plan : No
IPO Investment *	IPO Investment : Yes	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : No	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : No
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No

IIFL vs Motilal Oswal Customer Services

IIFL and Motilal Oswal both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	IIFL	Motilal Oswal
Toll Free Number *	Toll Free Number : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : No
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : Yes	Branch Offices : Yes
Customer Care *	Customer Care : Yes	Customer Care : Yes
Community Service *	Community Service : Yes	Community Service : Yes
Relationship Manager *	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : No

IIFL vs Motilal Oswal Other Investement

IIFL and Motilal Oswal both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	IIFL	Motilal Oswal
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : Yes	Investment in Bonds : Yes
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : Yes
Insurance Services *	Insurance Services : Yes	Insurance Services : Yes
Banking Services *	Banking Services : No	Banking Services : No

IIFL vs Motilal Oswal Trading Platform

IIFL and Motilal Oswal both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	IIFL	Motilal Oswal
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : Yes	I-Pad App : No
Virtual Trading *	Virtual Trading : -	Virtual Trading : Yes
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
Contact Now