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Motilal Oswal vs TradeSmart (Compare Motilal Oswal and TradeSmart)

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 Motilal Oswal vs TradeSmart, Below comparison of Motilal Oswal vs TradeSmart 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 Motilal Oswal vs TradeSmart is given below:

Motilal Oswal TradeSmart
About The Brokers
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

TradeSmart :

"Trade Smart Online makes its mark in the discount trading space by providing clients with multiple options, trading tools and fixed price plans for trading in equity   >>> more

Find More Information about the Broker :
Motilal Oswal :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
TradeSmart :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Motilal Oswal :
 Full Service Broker
TradeSmart :
 Discount Broker
Promo/offers
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.
TradeSmart :
Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.
Advantage
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.
TradeSmart :
  •  Rs 15 flat-fee trades.
  •  Unlimited Trading Plan to offer.
  •  Own DP services
  •  Support Offer For Sale(OFS).
Disadvantage
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.
TradeSmart :
  •  No support for NRI trading.
  •  Does not facility to invest in IPO.
  •  Does not provide facility to invest in Mutual Funds, Bonds.
  •  No in-house research
Why This
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.
TradeSmart :
  •  Wide range of plans to select from depending on your trading requirements. Choose from
    •  Flat Rs 15 per order
    •  0.007% for intraday
    •  Monthly unlimited trading plans
  •  Pay when you use, if not trading in any month then no monthly charges.
  •  Provide one of the highest intraday exposures in the industry so you can have the freedom to make big decisions without having to worry about limited funds
  •  2 decades of Experience
  •  Trading tools like Span Calculator, Bracket Orders & Trailing Stop loss.
  •  Team of 100+ provide support over phone, email and chat to thousands of customers
  •  Can change brokerage plans, flexibility in changing brokerage plans.
  •  Lowest transaction charges i.e Turnover/Clearing charges.
  •  Own DP service.
Open Account

Motilal Oswal vs TradeSmart Account Opening & AMC Charges

Motilal Oswal Trading Account Opening Fee is Rs 0 (Free) and TradeSmart Trading Account Opening Fee is Rs 200 . Motilal Oswal Demat Account AMC is Rs 199 (Free for 1st Year) and TradeSmart Demat Account AMC is Rs 300 .

Motilal Oswal TradeSmart
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 200

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0

Demat Account Opening Fee :

Rs 200

Demat Account AMC Demat Account AMC :

Rs 199 (Free for 1st Year)

Demat Account AMC :

Rs 300

Trading Account AMC Trading Account AMC :

Rs 0

Trading Account AMC :

Rs 0

Open Account Open Account

Motilal Oswal vs TradeSmart Brokerage Charges

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 . TradeSmart Brokerage Charges Equity Delivery is Rs 15 per order and Equity Intraday is Rs 15 per order and Equity Options is Rs 15 per order .

Motilal Oswal TradeSmart
Plan Name Plan Name :

Standard Plan

Plan Name :

Value Pack (VP2KLT)

Plan Name :

Value Pack (VP1LACLT)

Plan Name :

Power Plan (₹15/Order)

Plan Name :

Value Plan

Equity Delivery Equity Delivery :

0.20%

Equity Delivery :

Equity Delivery :

Equity Delivery :

Rs 15 per order

Equity Delivery :

0.07%

Equity Intraday Equity Intraday :

Rs 0 (Free for lifetime)

Equity Intraday :

Equity Intraday :

Equity Intraday :

Rs 15 per order

Equity Intraday :

0.007%

Equity Future Equity Future :

0.02%

Equity Future :

Equity Future :

Equity Future :

Rs 15 per order

Equity Future :

0.007%

Equity Options Equity Options :

Rs 20 per lot

Equity Options :

Equity Options :

Equity Options :

Rs 15 per order

Equity Options :

Rs 7 Per Lot

Currency Futures Currency Futures :

Rs 20 per lot

Currency Futures :

Currency Futures :

Currency Futures :

Rs 15 per order

Currency Futures :

0.007%

Currency Options Currency Options :

Rs 20 per lot

Currency Options :

Currency Options :

Currency Options :

Rs 15 per order

Currency Options :

Rs 7 Per Lot

Monthly Fee Monthly Fee :

NA

Monthly Fee :

Monthly Fee :

Monthly Fee :

NA

Monthly Fee :

Margin Trading Margin Trading :

Margin Trading :

Margin Trading :

Margin Trading :

Rs 15

Margin Trading :

Rs 15

Commodity Futures Commodity Futures :

0.02%

Commodity Futures :

Commodity Futures :

Commodity Futures :

Rs 15 per order

Commodity Futures :

0.007%

Commodity Options Commodity Options :

Rs 200 Per Lot

Commodity Options :

Commodity Options :

Commodity Options :

Rs 15 per order

Commodity Options :

Rs 7 Per Lot

Open Account Open Account

Motilal Oswal vs TradeSmart Exchange Transaction Charges

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) . TradeSmart Exchange Transaction Charges Equity Future is 0.0024% and Equity Options is 0.0715% .

Motilal Oswal TradeSmart
Equity Delivery Equity Delivery :

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

Equity Delivery :

0.0035%

Equity Intraday Equity Intraday :

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

Equity Intraday :

0.0035%

Equity Future * Equity Future :

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

Equity Future :

0.0024%

Equity Options * Equity Options :

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

Equity Options :

0.0715%

Currency Futures * Currency Futures :

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

Currency Futures :

0.00165%

Currency Options Currency Options :

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

Currency Options :

0.06%

Commodity Commodity :

MCX: Rs 250 per Cr (0.0025%)

Commodity :

0.0039%

Open Account Open Account

Motilal Oswal vs TradeSmart Other Charges

Motilal Oswal Minimum Brokerage is Rs 25 for Delivery and Call & Trade is Free . TradeSmart Minimum Brokerage is Rs 15 per executed order and Call & Trade is Rs 20 per executed order .

Motilal Oswal TradeSmart
Minimum Brokerage Minimum Brokerage :

Rs 25 for Delivery

Minimum Brokerage :

Rs 15 per executed order

Call & Trade Call & Trade :

Free

Call & Trade :

Rs 20 per executed order

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

₹20 or 0.025% of transaction value whichever is higher

DP Charges (on sell side) :

Rs 15 per scrip

Other Miscellaneous Charges Other Miscellaneous Charges :

Other Miscellaneous Charges :

Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order

Open Account Open Account

Motilal Oswal vs TradeSmart Features

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

Motilal Oswal TradeSmart
Trading Platform Trading Platform :

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

Trading Platform :

NEST, NOW, Spin

Placing orders through charts Placing orders through charts :

No

Placing orders through charts :

Yes

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

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

No

Detailed Education Initiatives Detailed Education Initiatives :

Yes

Detailed Education Initiatives :

Yes

Unique features & Offers Unique features & Offers :

Unique features & Offers :

Referral Program Referral Program :

1

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

Open Account Open Account

Motilal Oswal vs TradeSmart Demat Account Charges

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

Motilal Oswal TradeSmart
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Nil

Account Opening Fee :

Rs 500

Advance Deposit Advance Deposit :

Nil

Advance Deposit :

Nil

AMC AMC :

Rs 199 (Free for 1st Year)

AMC :

  1. Individual Account: Rs 300 per year
  2. Corporate Account: Rs 800 per year

Dematerialisation Charges Dematerialisation Charges :

Rs 100 per certificate + Rs 50 per certificate

Dematerialisation Charges :

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

Rematerialisation Charges Rematerialisation Charges :

Rs 35 per certificate or per 100 shares and part thereof which ever is higher + 25 courier charges

Rematerialisation Charges :

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

Transaction Charges (Credit) Transaction Charges (Credit) :

Transaction Charges (Credit) :

Transaction Charges (debit) Transaction Charges (debit) :

0.025% or Rs 30

Transaction Charges (debit) :

Rs 25 minimum or 0.02% which ever is higher. In case of BSDA Rs 50 or 0.02% whichever is higher.

Pledge Creation Charges Pledge Creation Charges :

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

Pledge Creation Charges :

Rs 200 per scrip

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Nil

Pledge Creation Confirmation Charges :

Nil

Pledge Invocation Charges Pledge Invocation Charges :

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

Pledge Invocation Charges :

Rs 200 minimum or 0.01% which ever is higher

Failed Instruction Charges Failed Instruction Charges :

Nil

Failed Instruction Charges :

Nil

Other Charges Other Charges :

Demat Rejection: Rs 50 per request

Other Charges :

  • Late instruction: 0.1% scrip value
  • Physical contract note / other statements etc:Rs 20 per contract note + Courier Charges
  • Physical transaction statement: Rs 50 per BO statement plus courier charges
  • Cheque dishonour charges: Rs 200 per instance
  • Offmarket transfer (DP): Rs 25 plus service tax
  • Inter DP transfer: Rs 25 plus service tax
  • KRA Modification: Rs 35 plus service tax

Open Account Open Account

Motilal Oswal vs TradeSmart Basic Details

Motilal Oswal Year of Incorporation is 1987 and Total Number of Clients is 807786 and Total Number of Branches is 305 . TradeSmart Year of Incorporation is 1994 and Total Number of Clients is 30376 and Total Number of Branches is 1 .

Motilal Oswal TradeSmart
Year of Incorporation Year of Incorporation :

1987

Year of Incorporation :

1994

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX

Active Exchange Memberships :

BSE, NSE, MCX

Demat Services Demat Services :

Yes

Demat Services :

No

Website Website : https://www.motilaloswal.com Website : https://tradesmartonline.in/
Contact Details Contact Details :

022-30896680

Contact Details :

022 61208000

Total Number of Clients Total Number of Clients :

807,786

Total Number of Clients :

30,376

Total Number of Branches Total Number of Branches :

305

Total Number of Branches :

1

Products * Products :

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

Products : -
Open Account Open Account

Motilal Oswal vs TradeSmart Orders

Orders

Motilal Oswal TradeSmart
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) :

No

After Market Orders (AMO) :

Yes

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

No

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

Yes

Sell Today Buy Tomorrow (STBT) :

No

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

Yes

Good Till Cancelled (GTC) :

Yes

Open Account Open Account

Motilal Oswal vs TradeSmart Research and Advice / Trading Tips

Research and Advice / Trading Tips

Motilal Oswal TradeSmart
Equity Trading Recommendation * Equity Trading Recommendation :

Yes

Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation :

Yes

Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile :

Yes

Recommendation basis risk Profile :

No

Comparison * Comparison :

Yes

Comparison :

No

Free Tips * Free Tips :

Yes

Free Tips :

No

Daily Market report * Daily Market report :

Yes

Daily Market report :

No

ETF research * ETF research :

Yes

ETF research :

No

Quarterly Results * Quarterly Results :

Yes

Quarterly Results :

No

Open Account Open Account

Motilal Oswal vs TradeSmart Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

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

Yes

Availability for franchisee / AP : -
Investment required for Franchisee / AP Investment required for Franchisee / AP :

Rs.10000 to Rs.10,00,000

Investment required for Franchisee / AP : -
Open Account Open Account

Motilal Oswal vs TradeSmart Product & Services

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

Motilal Oswal TradeSmart
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

Yes

Margin Trading :

No

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 :

No

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 :

Donot Know

NRI Services :

No

SMS Alerts * SMS Alerts :

Yes

SMS Alerts :

No

Offers Multiple Plan * Offers Multiple Plan :

No

Offers Multiple Plan :

Yes

IPO Investment * IPO Investment :

Yes

IPO Investment :

No

Portfolio Analysis * Portfolio Analysis :

Yes

Portfolio Analysis :

No

Advanced Charting Features * Advanced Charting Features :

Yes

Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator :

No

Brokerage Calculator :

Yes

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 :

No

Bracket Orders & Trailing Stop Loss :

Yes

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 :

No

Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan :

Yes

Aumtomated Trading * Aumtomated Trading :

No

Aumtomated Trading :

No

Open Account Open Account

Motilal Oswal vs TradeSmart Customer Services

Motilal Oswal and TradeSmart 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:

Motilal Oswal TradeSmart
Toll Free Number * Toll Free Number :

No

Toll Free Number :

No

Live Chat Facility * Live Chat Facility :

No

Live Chat Facility :

Yes

Email Facility * Email Facility :

Yes

Email Facility :

Yes

Branch Offices * Branch Offices :

Yes

Branch Offices :

No

Customer Care * Customer Care :

Yes

Customer Care :

No

Community Service * Community Service :

Yes

Community Service :

No

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

No

24/7 Support :

No

Open Account Open Account

Motilal Oswal vs TradeSmart Other Investement

Motilal Oswal and TradeSmart 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:

Motilal Oswal TradeSmart
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 :

No

Investment in Bonds * Investment in Bonds :

Yes

Investment in Bonds :

No

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

Yes

Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services :

Yes

Insurance Services :

No

Banking Services * Banking Services :

No

Banking Services :

No

Open Account Open Account

Motilal Oswal vs TradeSmart Trading Platform

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

Motilal Oswal TradeSmart
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 :

No

I-Pad App :

No

Virtual Trading * Virtual Trading :

Yes

Virtual Trading : -
iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

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Open Account Open Account

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