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Groww vs Motilal Oswal (Compare Groww 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 Groww vs Motilal Oswal, Below comparison of Groww 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 Groww vs Motilal Oswal is given below:

Groww Motilal Oswal
About The Brokers
Groww :

"Groww is one of India's fastest-growing platforms and undoubtedly the best platform for brokerage-free Direct mutual funds investment. They have a strong customer bas   >>> 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 :
Groww :
OVERVIEW BROKERAGE PRODUCTS & SERVICES
Motilal Oswal :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Groww :
 Discount Broker
Motilal Oswal :
 Full Service Broker
Promo/offers
Groww :
N/A
Motilal Oswal :
Special Offer: FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes.
Advantage
Groww :
  •  Free research services
  •  No DP charges on buy & low brokerage.
  •  Commission Free mutual fund investment
  •  Free Demat & Trading account, No charges on account opening
  •  Zero Clearing Charges
  •  Zero Demat AMC Charges
  •  Option to invest online in gold etfs, SGBs & gold funds
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
Groww :
  •  Does not provide a 3in1 account facility.
  •  Does not provide commodity Trading
  •  Does not provide trading options: Bracket, GTT orders, etc
  •  does not provide Margin trading facility
  •  No Call and Trade services
  •  No Margin against shares
  •  Does not offer NRI Trading
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
Groww :
  •  Groww charge Rs.20 per executed order or 0.05% of order value (whichever is lower) for delivery trade.
  •  Equity intraday trade at Rs. 20 or 0.05% (whichever is lower)
  •  Groww provides mutual funds investment at Zero Fees, No transaction charges,
  •  100% paperless online Demat account opening
  •  128 bit SSL Encryption
  •  Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost
  •  No DP charges on buy.
  •  Highly rated Groww mobile App
  •  Facility to invest in US Stocks
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.

Groww vs Motilal Oswal Account Opening & AMC Charges

Groww Trading Account Opening Fee is Rs 0 (Free) and Motilal Oswal Trading Account Opening Fee is Rs 0 (Free) . Groww Demat Account AMC is Rs 0 and Motilal Oswal Demat Account AMC is Rs 199 (Free for 1st Year) .

Groww Motilal Oswal
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0

Demat Account Opening Fee :

Rs 0

Demat Account AMC Demat Account AMC :

Rs 0

Demat Account AMC :

Rs 199 (Free for 1st Year)

Trading Account AMC Trading Account AMC :

Rs 0

Trading Account AMC :

Rs 0


Groww vs Motilal Oswal Brokerage Charges

Groww Brokerage Charges Equity Delivery is Rs 20 per executed order or 0.05% whichever is lower and Equity Intraday is Rs 20 per executed order or 0.05% whichever is lower and Equity Options is Rs 20 per executed order . Motilal Oswal Brokerage Charges Equity Delivery is 0.20% and Equity Intraday is Rs 0 (Free for lifetime) and Equity Options is Rs 20 per lot .

Groww Motilal Oswal
Plan Name Plan Name :

Basic Plan

Plan Name :

Standard Plan

Plan Name :

Value Pack (VP2KLT)

Plan Name :

Value Pack (VP1LACLT)

Equity Delivery Equity Delivery :

Rs 20 per executed order or 0.05% whichever is lower

Equity Delivery :

0.20%

Equity Delivery : - Equity Delivery : -
Equity Intraday Equity Intraday :

Rs 20 per executed order or 0.05% whichever is lower

Equity Intraday :

Rs 0 (Free for lifetime)

Equity Intraday : - Equity Intraday : -
Equity Future Equity Future :

Rs 20 per executed order

Equity Future :

0.02%

Equity Future : - Equity Future : -
Equity Options Equity Options :

Rs 20 per executed order

Equity Options :

Rs 20 per lot

Equity Options : - Equity Options : -
Currency Futures Currency Futures :

NA

Currency Futures :

Rs 20 per lot

Currency Futures : - Currency Futures : -
Currency Options Currency Options :

NA

Currency Options :

Rs 20 per lot

Currency Options : - Currency Options : -
Monthly Fee Monthly Fee :

NA

Monthly Fee :

NA

Monthly Fee : - Monthly Fee : -
Margin Trading Margin Trading : - Margin Trading : - Margin Trading : - Margin Trading : -
Commodity Futures Commodity Futures :

NA

Commodity Futures :

0.02%

Commodity Futures : - Commodity Futures : -
Commodity Options Commodity Options :

NA

Commodity Options :

Rs 200 Per Lot

Commodity Options : - Commodity Options : -

Groww vs Motilal Oswal Exchange Transaction Charges

Groww Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) . Motilal Oswal Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) .

Groww Motilal Oswal
Equity Delivery Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)

Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)

Equity Intraday Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)

Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)

Equity Future * Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 0

Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 0

Equity Options * Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium)

Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)

Currency Futures * Currency Futures : - Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)

Currency Options Currency Options :

(on premium)

Currency Options :

NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)

Commodity Commodity :

NA

Commodity :

MCX: Rs 250 per Cr (0.0025%)


Groww vs Motilal Oswal Other Charges

Groww Minimum Brokerage is Rs 20 or 0.05% per executed order and Call & Trade is NA . Motilal Oswal Minimum Brokerage is Rs 25 for Delivery and Call & Trade is Free .

Groww Motilal Oswal
Minimum Brokerage Minimum Brokerage :

Rs 20 or 0.05% per executed order

Minimum Brokerage :

Rs 25 for Delivery

Call & Trade Call & Trade :

NA

Call & Trade :

Free

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹8 + ₹5.50 (CDSL Charges) per ISIN

DP Charges (on sell side) :

₹20 or 0.025% of transaction value whichever is higher

Other Miscellaneous Charges Other Miscellaneous Charges :

Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50

Other Miscellaneous Charges : -

Groww vs Motilal Oswal Features

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

Groww Motilal Oswal
Trading Platform Trading Platform :

Groww

Trading Platform :

MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE

Placing orders through charts Placing orders through charts :

No

Placing orders through charts :

No

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips :

No

Research and Advice / Trading Tips : -
Detailed Education Initiatives Detailed Education Initiatives :

No

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) :

No

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


Groww vs Motilal Oswal Demat Account Charges

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

Groww Motilal Oswal
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

₹0 (Free)

Account Opening Fee :

Nil

Advance Deposit Advance Deposit :

₹0

Advance Deposit :

Nil

AMC AMC :

₹0 (Free)

AMC :

Rs 199 (Free for 1st Year)

Dematerialisation Charges Dematerialisation Charges :

₹150 per certificate + courier charges

Dematerialisation Charges :

Rs 100 per certificate + Rs 50 per certificate

Rematerialisation Charges Rematerialisation Charges :

₹150 per certificate + courier charges

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) :

₹8 + ₹5.50 (CDSL Charges) per ISIN

Transaction Charges (debit) :

0.025% or Rs 30

Pledge Creation Charges Pledge Creation Charges :

₹20 + ₹12 per request (CDSL Charges)

Pledge Creation Charges :

Rs 35 or 0.02% (whichever is higher) as per ISIN request

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges : - Pledge Creation Confirmation Charges :

Nil

Pledge Invocation Charges Pledge Invocation Charges :

₹20

Pledge Invocation Charges :

Rs 35 or 0.02% (whichever is higher) as per ISIN request

Failed Instruction Charges Failed Instruction Charges :

₹50 per ISIN

Failed Instruction Charges :

Nil

Other Charges Other Charges :

KYC Modification: ₹50

Other Charges :

Demat Rejection: Rs 50 per request


Groww vs Motilal Oswal Basic Details

Groww Year of Incorporation is 2016 and Total Number of Clients is 9185024 and . Motilal Oswal Year of Incorporation is 1987 and Total Number of Clients is 874230 and Total Number of Branches is 305 .

Groww Motilal Oswal
Year of Incorporation Year of Incorporation :

2016

Year of Incorporation :

1987

Active Exchange Memberships Active Exchange Memberships :

NSE and BSE

Active Exchange Memberships :

NSE, BSE, MCX

Demat Services Demat Services :

No

Demat Services :

Yes

Website Website : https://groww.in/ Website : https://www.motilaloswal.com
Contact Details Contact Details : - Contact Details :

022-30896680

Total Number of Clients Total Number of Clients :

9,185,024

Total Number of Clients :

874,230

Total Number of Branches Total Number of Branches : - Total Number of Branches :

305

Products * Products :

GROWW MOBILE APP

Products :

Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution


Groww vs Motilal Oswal Orders

Orders

Groww Motilal Oswal
Cover Orders (CO) Cover Orders (CO) :

No

Cover Orders (CO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

No

Bracket orders / One Cancels Other (BO / OCO) :

Yes

After Market Orders (AMO) After Market Orders (AMO) :

No

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) :

No

Sell Today Buy Tomorrow (STBT) :

Yes

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

Yes


Groww vs Motilal Oswal Research and Advice / Trading Tips

Research and Advice / Trading Tips

Groww Motilal Oswal
Equity Trading Recommendation * Equity Trading Recommendation :

No

Equity Trading Recommendation :

Yes

Equity Investment Recommendation * Equity Investment Recommendation :

No

Equity Investment Recommendation :

Yes

Recommendation basis risk Profile * Recommendation basis risk Profile :

No

Recommendation basis risk Profile :

Yes

Comparison * Comparison :

No

Comparison :

Yes

Free Tips * Free Tips :

No

Free Tips :

Yes

Daily Market report * Daily Market report :

No

Daily Market report :

Yes

ETF research * ETF research :

No

ETF research :

Yes

Quarterly Results * Quarterly Results :

No

Quarterly Results :

Yes


Groww vs Motilal Oswal Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Groww Motilal Oswal
Availability for franchisee / AP Availability for franchisee / AP :

NA

Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP :

NA

Investment required for Franchisee / AP :

Rs.10000 to Rs.10,00,000


Groww vs Motilal Oswal Product & Services

Groww 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:

Groww Motilal Oswal
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

No

Margin Trading :

Yes

Call in Trade * Call in Trade :

NA

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 :

No

NRI Services :

Donot Know

SMS Alerts * SMS Alerts :

Yes

SMS Alerts :

Yes

Offers Multiple Plan * Offers Multiple Plan :

No

Offers Multiple Plan :

No

IPO Investment * IPO Investment :

YES

IPO Investment :

Yes

Portfolio Analysis * Portfolio Analysis :

NO

Portfolio Analysis :

Yes

Advanced Charting Features * Advanced Charting Features :

No

Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator :

No

Margin Calculator * Margin Calculator :

Yes

Margin Calculator :

No

Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

No

Bracket Orders & Trailing Stop Loss :

No

Equity Future & Option Trading * Equity Future & Option Trading :

No

Equity Future & Option Trading :

Yes

Currency Future & Option Trading * Currency Future & Option Trading :

No

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


Groww vs Motilal Oswal Customer Services

Groww 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:

Groww 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 :

No

Branch Offices :

Yes

Customer Care * Customer Care :

No

Customer Care :

Yes

Community Service * Community Service :

No

Community Service :

Yes

Relationship Manager * Relationship Manager :

No

Relationship Manager : -
24/7 Support * 24/7 Support :

No

24/7 Support :

No


Groww vs Motilal Oswal Other Investement

Groww 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:

Groww Motilal Oswal
Commodity Trading * Commodity Trading :

No

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 :

No

Investment in Bonds :

Yes

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

No

Investment in Corporate Debt instruments :

Yes

Insurance Services * Insurance Services :

No

Insurance Services :

Yes

Banking Services * Banking Services :

No

Banking Services :

No


Groww vs Motilal Oswal Trading Platform

Groww 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:

Groww 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 :

No

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 :

No

Virtual Trading :

Yes

iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

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