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Motilal Oswal vs ProStocks (Compare Motilal Oswal and ProStocks)

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

Motilal Oswal

ProStocks

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	Motilal Oswal	ProStocks

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	ProStocks : Prostocks is an online discount broker. They are well known for their unlimited monthly trading plan for Rs 899, a lifetime-free AMC demat account, and the lowest cost trading API. They also offer fla >>> more
Find More Information about the Broker :	Motilal Oswal : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	ProStocks : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Motilal Oswal : Full Service Broker	ProStocks : Discount Broker
Promo/offers	Motilal Oswal : N/A	ProStocks : Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account 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.	ProStocks : Rs 15 flat-fee trades. Monthly & Yearly Unlimited Trading Plan to offer. Own DP services. Lowest call & Trade charges Rs.10 per trade. Delivery: Rs 25 per trade. Instant paperless online account opening with AADHAR. Zero Professional Clearing Members (PCM) Fee - Unlike all other flat fee brokers ProStocks do not charge PCM Fee. Free trading software (mobile, desktop and website) for all customers. Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account. Zero Demat account AMC when you pay one time refundable deposit of Rs 1000 Referral Service - ProStocks offer 10% brokerage referral for customer referred by the client.
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.	ProStocks : ProStocks doesn't offer 3-in-1 account as they do not offer banking services. Opportunity to invest in Mutual Funds. commodity trading facility is not available. You will not get any research tips as there is no in-house team Only BSE SME IPOs are allow. NSE SME IPOs are not available.
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.	ProStocks : Various option on Brokerage Plans to select from depending on your trading requirements. You can Choose from Flat Rs 15 per order Monthly unlimited trading plans. Yearly unlimited trading plans. One of the most affordable calls & trading charges. Give you the opportunity to earn through the referral program. You need not to pay in case you are not trading in any month. Even though Protock is the discount broker, you get option choosing from the various trading plan. It provides you with DP service as well.
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Motilal Oswal vs ProStocks Account Opening & AMC Charges

Motilal Oswal Trading Account Opening Fee is Rs 0 and ProStocks Trading Account Opening Fee is Rs 0 . Motilal Oswal Demat Account AMC is Free (Rs 400 2nd year onward) and ProStocks Demat Account AMC is Rs 0 (Lifetime Zero AMC) .

	Motilal Oswal	ProStocks
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0	Trading Account Opening Fee : Rs 0
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : Free (Rs 400 2nd year onward)	Demat Account AMC : Rs 0 (Lifetime Zero AMC)
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : Rs 0
	Open Account	Open Account

Motilal Oswal vs ProStocks Brokerage Charges

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) . ProStocks Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 15 per executed order and Equity Options is Rs 15 per executed order .

	Motilal Oswal			ProStocks
Plan Name	Plan Name : Standard Plan	Plan Name : Value Pack (VP2KLT)	Plan Name : Value Pack (VP1LACLT)	Plan Name : Monthly Unlimited Trading Plan	Plan Name : Flat Fee Plan (₹15 per executed order)
Equity Delivery	Equity Delivery : 0.50%	Equity Delivery : 0.10%	Equity Delivery : 0.40%	Equity Delivery : Rs 0 (Free)	Equity Delivery : Rs 0 (Free)
Equity Intraday	Equity Intraday : 0.05% (both side)	Equity Intraday : 0.01% (both side)	Equity Intraday : 0.04% (both side)	Equity Intraday : Rs 0 (Free)	Equity Intraday : Rs 15 per executed order
Equity Future	Equity Future : 0.05% (both side)	Equity Future : 0.01% (both side)	Equity Future : 0.04% (both side)	Equity Future : Rs 0 (Free)	Equity Future : Rs 15 per executed order
Equity Options	Equity Options : Rs 100 per lot (both side)	Equity Options : Rs 20 per lot (both side)	Equity Options : Rs 50 per lot (both side)	Equity Options : Rs 0 (Free)	Equity Options : Rs 15 per executed order
Currency Futures	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 Futures : Rs 0 (Free)	Currency Futures : Rs 15 per executed order
Currency Options	Currency Options : Rs 20 per lot (both side)	Currency Options : Rs 10 per lot (both side)	Currency Options : Rs 22 per lot (both side)	Currency Options : Rs 0 (Free)	Currency Options : Rs 15 per executed order
Monthly Fee	Monthly Fee : -	Monthly Fee : Rs 1,00,000 (one time fee)	Monthly Fee : Rs 2000 (one time fee)	Monthly Fee : Equity :₹899/month, Currency : ₹499/month	Monthly Fee : NA
Margin Trading	Margin Trading : -	Margin Trading : -	Margin Trading : -	Margin Trading : NA	Margin Trading : NA
Commodity Futures	Commodity Futures : 0.05% (both side)	Commodity Futures : 0.01% (both side)	Commodity Futures : 0.04% (both side)	Commodity Futures : NA	Commodity Futures : NA
Commodity Options	Commodity Options : -	Commodity Options : -	Commodity Options : -	Commodity Options : NA	Commodity Options : NA
	Open Account			Open Account

Motilal Oswal vs ProStocks Exchange Transaction Charges

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) . ProStocks Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%) and Equity Options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium) .

	Motilal Oswal	ProStocks
Equity Delivery	Equity Delivery : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 1000 per Cr (0.01%) (each side)	Equity Delivery : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 200 per Cr (0.002%) (each side)	Equity Intraday : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)
Equity Future *	Equity Future : Rs 200 per Cr (0.002%)	Equity Future : NSE Rs 200 per Cr (0.002%) \| BSE Rs 50 per Cr (0.0005%)
Equity Options *	Equity Options : NSE Rs 5110 per Cr (0.0511%) \| BSE Rs 200 per Cr (0.002%) (on premium)	Equity Options : NSE Rs 5300 per Cr (0.053%) \| NSE Rs 2500 per Cr (0.025%) (on premium)
Currency Futures *	Currency Futures : Rs 125 per Cr (0.00125%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 22 per Cr (0.00022%)
Currency Options	Currency Options : Rs 4200 per Cr (0.042%)(on premium)	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : MCX: Rs 250 per Cr (0.0025%)	Commodity : -
	Open Account	Open Account

Motilal Oswal vs ProStocks Other Charges

Motilal Oswal Minimum Brokerage is Rs 25 for Delivery and Rs 12 for Intraday and Call & Trade is Nil . ProStocks Minimum Brokerage is Rs 0 and Call & Trade is Rs 0 (Free) .

	Motilal Oswal	ProStocks
Minimum Brokerage	Minimum Brokerage : Rs 25 for Delivery and Rs 12 for Intraday	Minimum Brokerage : Rs 0
Call & Trade	Call & Trade : Nil	Call & Trade : Rs 0 (Free)
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) : ₹20 per scrip for equity delivery trade+18% GST
Other Miscellaneous Charges	Other Miscellaneous Charges : Minimum balance: Rs 1,000	Other Miscellaneous Charges : -
	Open Account	Open Account

Motilal Oswal vs ProStocks Features

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

	Motilal Oswal	ProStocks
Trading Platform	Trading Platform : Orion Lite, MO Trader App	Trading Platform : ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
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 : NA
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : No
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) : No
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : No
	Open Account	Open Account

Motilal Oswal vs ProStocks Demat Account Charges

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

	Motilal Oswal	ProStocks
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Nil	Account Opening Fee : Nil
Advance Deposit	Advance Deposit : Nil	Advance Deposit : Lifetime Zero AMC Scheme - Rs 1000 onetime refundable deposit
AMC	AMC : Rs 700 p.a.	AMC : Nil
Dematerialisation Charges	Dematerialisation Charges : Rs 50 per certificate + Rs 50 per request	Dematerialisation Charges : Rs 50 per set up + Rs 50 courier charges
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 50 per set up + Rs 50 courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : 0.025% or Rs 30	Transaction Charges (debit) : Rs 8 + Rs 5.50 (CDSL charges) per ISIN
Pledge Creation Charges	Pledge Creation Charges : Rs 35 per request	Pledge Creation Charges : Rs 50 per set up
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : Rs 35 per request	Pledge Invocation Charges : Rs 50 per set up
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : Failed transactions Rs 50 per ISIN
Other Charges	Other Charges : Demat Rejection: Rs 50 per request	Other Charges : -
	Open Account	Open Account

Motilal Oswal vs ProStocks Basic Details

Motilal Oswal Year of Incorporation is 1987 and Total Number of Clients is 905314 and Total Number of Branches is 305 . ProStocks Year of Incorporation is 2016 and Total Number of Clients is 5646 and Total Number of Branches is 1 .

	Motilal Oswal	ProStocks
Year of Incorporation	Year of Incorporation : 1987	Year of Incorporation : 2016
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : BSE, NSE
Demat Services	Demat Services : Yes	Demat Services : No
Website	Website : https://www.motilaloswal.com	Website : www.prostocks.com
Contact Details	Contact Details : 022-30896680	Contact Details : +91 22 62 43 43 43
Total Number of Clients	Total Number of Clients : 905,314	Total Number of Clients : 5,646
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 : ProStocks Mobile,Web & Desktop. BSE Best
	Open Account	Open Account

Motilal Oswal vs ProStocks Orders

Orders

	Motilal Oswal	ProStocks
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) : Yes
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 ProStocks Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Motilal Oswal	ProStocks
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 ProStocks Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Motilal Oswal	ProStocks
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : NA
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.10000 to Rs.10,00,000	Investment required for Franchisee / AP : NA
	Open Account	Open Account

Motilal Oswal vs ProStocks Product & Services

Motilal Oswal and ProStocks 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	ProStocks
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 : Yes
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 : Yes
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 : Yes
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 : 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 ProStocks Customer Services

Motilal Oswal and ProStocks 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	ProStocks
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 : No
Customer Care *	Customer Care : Yes	Customer Care : Yes
Community Service *	Community Service : Yes	Community Service : No
Relationship Manager *	Relationship Manager : -	Relationship Manager : No
24/7 Support *	24/7 Support : No	24/7 Support : -
	Open Account	Open Account

Motilal Oswal vs ProStocks Other Investement

Motilal Oswal and ProStocks 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	ProStocks
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : No
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 ProStocks Trading Platform

Motilal Oswal and ProStocks 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	ProStocks
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 : Yes
Virtual Trading *	Virtual Trading : Yes	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
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	Open Account	Open Account