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ICICI Direct vs Motilal Oswal (Compare ICICI Direct vs Motilal Oswal)

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Here we provide side by side comparison between ICICI Direct vs Motilal Oswal, Below comparison of ICICI Direct 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 ICICI Direct vs Motilal Oswal is given below:

ICICI Direct Motilal Oswal
About The Brokers
ICICI Direct :

"ICICIdirect.com, an award winning, pioneering online broking platform, The platform not only offers convenient ways to invest in Equity, Derivatives, Currency Futur   >>> 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 :
ICICI Direct :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Motilal Oswal :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
ICICI Direct :
 Full Service Broker
Motilal Oswal :
 Full Service Broker
Promo/offers
ICICI Direct :

NA

Motilal Oswal :

NA


ICICI Direct vs Motilal Oswal Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

ICICI Direct Motilal Oswal
Trading Account Opening Fee Trading Account Opening Fee :

₹975

Trading Account Opening Fee :

₹0

Demat Account Opening Fee Demat Account Opening Fee :

₹0

Demat Account Opening Fee :

₹0

Demat Account AMC Demat Account AMC :

₹700

Demat Account AMC :

Free (₹400 2nd year onward)

Trading Account AMC Trading Account AMC :

₹0

Trading Account AMC :

₹0


ICICI Direct vs Motilal Oswal Brokerage Charges

Compare the commission charged by the brokers for the trades executed

ICICI Direct Motilal Oswal
Plan Name Plan Name :

I-Saver Plan

Plan Name :

Standard Plan

Equity Delivery Equity Delivery :

0.55%

Equity Delivery :

0.50%

Equity Intraday Equity Intraday :

0.275%

Equity Intraday :

0.05% (both side)

Equity Future Equity Future :

0.05% to 0.03%

Equity Future :

0.05% (both side)

Equity Options Equity Options :

₹95 to ₹35 per lot

Equity Options :

₹100 per lot (both side)

Currency Futures Currency Futures :

0.050% to 0.030%

Currency Futures :

₹20 per lot (both side)

Currency Options Currency Options :

₹25 to ₹10 per lot

Currency Options :

₹20 per lot (both side)

Monthly Fee Monthly Fee :

Monthly Fee :

Margin Trading Margin Trading :

0.05% - 0.03%

Margin Trading :

Commodity Futures Commodity Futures :

NA

Commodity Futures :

0.05% (both side)

Commodity Options Commodity Options :

NA

Commodity Options :


ICICI Direct vs Motilal Oswal Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

ICICI Direct Motilal Oswal
Equity Delivery Equity Delivery :

NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side)

Equity Delivery :

NSE ₹335 per Cr (0.00335%) | BSE ₹1000 per Cr (0.01%) (each side)

Equity Intraday Equity Intraday :

NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side)

Equity Intraday :

NSE ₹325 per Cr (0.00325%) | BSE ₹200 per Cr (0.002%) (each side)

Equity Future * Equity Future :

₹180 per Cr (0.0018%)

Equity Future :

₹200 per Cr (0.002%)

Equity Options * Equity Options :

₹5000 per Cr (0.05%) (on premium)

Equity Options :

NSE ₹5110 per Cr (0.0511%) | BSE ₹200 per Cr (0.002%) (on premium)

Currency Futures * Currency Futures :

₹120 per Cr (0.0012%)

Currency Futures :

₹125 per Cr (0.00125%)

Currency Options Currency Options :

₹5000 per Cr (0.05%) (on premium)

Currency Options :

₹4200 per Cr (0.042%)(on premium)

Commodity Commodity :

NA

Commodity :

MCX: ₹250 per Cr (0.0025%)


ICICI Direct vs Motilal Oswal Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

ICICI Direct Motilal Oswal
Minimum Brokerage Minimum Brokerage :

₹35 per trade

Minimum Brokerage :

₹25 for Delivery and ₹12 for Intraday

Call & Trade Call & Trade :

₹25 per call after first 20 free calls per month

Call & Trade :

Nil

Stamp Duty * Stamp Duty :

Charges as per the state of residence

Stamp Duty :

Charges as per the state of residence

DP Charges (on sell side) DP Charges (on sell side) :

0.04% (Min ₹25 and Max ₹25,000)

DP Charges (on sell side) :

₹20 or 0.025% of transaction value whichever is higher

Other Miscellaneous Charges Other Miscellaneous Charges :

Other Miscellaneous Charges :

Minimum balance: ₹1,000


ICICI Direct vs Motilal Oswal Features

Key features offered by the brokers.

ICICI Direct Motilal Oswal
Trading Platform Trading Platform :

Trade Racer Web, Desktop, ICICI Direct Mobile App

Trading Platform :

Orion Lite, and MO Trader Mobile App

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 :

1

Research and Advice / Trading Tips :

0

Detailed Education Initiatives Detailed Education Initiatives :

Yes

Detailed Education Initiatives :

Yes

Unique features & Offers Unique features & Offers :

Bullet Trading, Can trade in 32 exchanges through Saxo Trader

Unique features & Offers :

Unnati, Optional strategy charts

Referral Program Referral Program :

0

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) :

Yes

Margin Against Shares (Equity F&O) :

Yes


ICICI Direct vs Motilal Oswal Demat Account Charges

Find charges for the best Demat Account for small investors

ICICI Direct Motilal Oswal
Depository Service Provider Depository Service Provider :

CDSL and NSDL

Depository Service Provider :

CDSL and NSDL

Account Opening Fee Account Opening Fee :

₹975

Account Opening Fee :

₹0

Advance Deposit Advance Deposit :

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

Advance Deposit :

Nil

AMC AMC :

₹0

AMC :

₹0

Dematerialisation Charges Dematerialisation Charges :

₹50 Per Demat Request Form and ₹3 For Each Certificates

Dematerialisation Charges :

₹50 per certificate + ₹50 per request

Rematerialisation Charges Rematerialisation Charges :

₹25 + CDSL charges at actual

Rematerialisation Charges :

₹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) :

₹0 for trader on ICICIDirect.com

Transaction Charges (debit) :

₹20 per debit transaction

Pledge Creation Charges Pledge Creation Charges :

0.02% or minimum of ₹50

Pledge Creation Charges :

₹35 per request

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35

Pledge Creation Confirmation Charges :

Nil

Pledge Invocation Charges Pledge Invocation Charges :

If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35

Pledge Invocation Charges :

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

Failed Instruction Charges Failed Instruction Charges :

₹30

Failed Instruction Charges :

Nil

Other Charges Other Charges :

1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address.

2. ₹200 for restoring services if account is suspended for non payment of charges.

Other Charges :

Demat Rejection: ₹50 per request


ICICI Direct vs Motilal Oswal Basic Details

Basic Details of Brokers

ICICI Direct Motilal Oswal
Year of Incorporation Year of Incorporation :

2000

Year of Incorporation :

1987

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE

Active Exchange Memberships :

NSE, BSE, MCX

Demat Services Demat Services :

Yes

Demat Services :

Yes

Website Website :

http://www.icicidirect.com

Website :

https://www.motilaloswal.com

Contact Details Contact Details :

020-28307700

Contact Details :

022-30896680

Total Number of Clients Total Number of Clients :

8,78,884

Total Number of Clients :

3,23,543

Total Number of Branches Total Number of Branches :

154

Total Number of Branches :

305

Products * Products :

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

Products :

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


ICICI Direct vs Motilal Oswal Charts and Data

Charts and Data

ICICI Direct Motilal Oswal
Live data source Live data source :

NSE, BSE

Live data source :

NSE, BSE, MCX

Advanced Charting tools Advanced Charting tools :

Yes

Advanced Charting tools :

Yes

Multi-Chart Setup Multi-Chart Setup :

Yes

Multi-Chart Setup :

Yes

No.of indicators No.of indicators :

82

No.of indicators :

40

No.of charts can be opened No.of charts can be opened :

6

No.of charts can be opened :

4

Live Scanners Live Scanners :

Yes

Live Scanners :

Yes

Customizable screeners Customizable screeners :

No

Customizable screeners :

Yes

Trading from charts Trading from charts :

No

Trading from charts :

No

Compare Symbol performance on Chart Compare Symbol performance on Chart :

No

Compare Symbol performance on Chart :

No

Options charts Options charts :

Yes

Options charts :

Yes

Continuous futures charts Continuous futures charts :

Yes

Continuous futures charts :

Yes

Intraday historical data for charts Intraday historical data for charts :

20 days

Intraday historical data for charts :

3 moths

End of Day historical data for charts End of Day historical data for charts :

10 years

End of Day historical data for charts :

10 years

Corporate action adjusted charts Corporate action adjusted charts :

No

Corporate action adjusted charts :

No

Back Testing Back Testing :

No

Back Testing :

No

Options Chain Options Chain :

Yes

Options Chain :

Yes

Heat Maps Heat Maps :

Yes

Heat Maps :

Yes

Analytics Analytics :

Yes

Analytics :

Yes

Price Ladder Price Ladder :

No

Price Ladder :

No


ICICI Direct vs Motilal Oswal Leverage

Leverage

ICICI Direct Motilal Oswal
Equity Delivery Equity Delivery :

5x with Interest

Equity Delivery :

4x

Equity Intraday Equity Intraday :

Upto 25x

Equity Intraday :

20x for Margin+ (Over 140 Stocks), 4x for other stocks

Equity Futures Equity Futures :

4x

Equity Futures :

Upto 3x for Intraday

Equity Options Equity Options :

2x for shorting

Equity Options :

No exposure

Currency Futures Currency Futures :

NA

Currency Futures :

NA

Currency Options Currency Options :

NA

Currency Options :

No exposure

Commodity Futures Commodity Futures :

NA

Commodity Futures :

Upto 3x for Intraday

Commodity Options Commodity Options :

Commodity Options :

No exposure


ICICI Direct vs Motilal Oswal Orders

Orders

ICICI Direct 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) :

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) :

Yes

Good Till Cancelled (GTC) :

Yes


ICICI Direct vs Motilal Oswal Research and Advice / Trading Tips

Research and Advice / Trading Tips

ICICI Direct 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


ICICI Direct vs Motilal Oswal Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

ICICI Direct 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.25,000 to Rs.2,00,000

Investment required for Franchisee / AP :

Rs.10000 to Rs.10,00,000


ICICI Direct vs Motilal Oswal Product & Services

Product & Services

ICICI Direct 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 :

Yes

3-in-1 On-line Trading Account :

No

NRI Services * NRI Services :

Yes

NRI Services :

Yes

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


ICICI Direct vs Motilal Oswal Customer Services

Customer Services

ICICI Direct 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


ICICI Direct vs Motilal Oswal Other Investement

Other Investement

ICICI Direct 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 :

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 :

Yes

Banking Services :

No


ICICI Direct vs Motilal Oswal Trading PlatForm

Trading PlatForm

ICICI Direct 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 :

Yes

Desktop Mac :

No

I-Pad App * I-Pad App :

Yes

I-Pad App :

No

Virtual Trading * Virtual Trading :

Yes

Virtual Trading :

Yes

iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes


ICICI Direct vs Motilal Oswal Company Information

Company Information

ICICI Direct Motilal Oswal
Financials * Financials :

Yes

Financials :

Yes

News * News :

News :

Company Analysis * Company Analysis :

Yes

Company Analysis :

Yes

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