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

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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	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	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	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	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	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	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	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	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	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	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	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	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	Motilal Oswal
Financials *	Financials : Yes	Financials : Yes
News *	News :	News :
Company Analysis *	Company Analysis : Yes	Company Analysis : Yes
Contact Now	Enquire Now	Enquire Now

	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	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	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	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 (Compare ICICI Direct vs Motilal Oswal)

One on One comparison of ICICI Direct vs Motilal Oswal is given below:

ICICI Direct

Motilal Oswal

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