Comparison –  Angel Broking Vs Motilal Oswal

Angel Broking Motilal Oswal
Year of Incorporation 1987 1987
Exchanges enabled NSE, BSE, MCX, & NCDEX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) CDSL NSDL/CDSL
Brokerages
Equity 0.03% for Intraday & 0.3% for Delivery – Negotiable
0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.015/0.15% if brokerage paid upfront
Equity Futures 0.03% of Turnover- Negotiable 0.05% – Reduces upto 0.015% if brokerage paid upfront
Equity Options Rs 60/lot – Negotiable Rs 70/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Currency Futures 0.03% of Turnover- Negotiable 0.05% – Reduces upto 0.015% if brokerage paid upfront
Currency Options Rs 30/lot – Negotiable Rs 20/lot
Commodity 0.03% of Turnover- Negotiable 0.05% – Reduces upto 0.015% if brokerage paid upfront
Account opening charges
Trading and Demat Rs 600 NA
Only Trading NA Free, but with Margin Cheque
Commodity Rs 300 Free, but with Margin Cheque
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 Days on ODIN 3 Months – Pay Extra for Falcon
Margins & Leverage Provided
Equity Upto 10 times for Intraday, Upto 3 times for Delivery @Interest
Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum
Equity Futures Upto 4 times for Intraday Upto 2 Times Intraday
Equity Options No leverage for buying, upto 3 times for Shorting Intraday NA
Currency Futures Upto 2 times for Intraday Upto 2 times Intraday
Currency Options No leverage for buying, upto 2 times for Shorting Intraday NA
Commodity Upto 3 times for Intraday Upto 2 times Intraday
Serviceable
3 in 1 Account No No
Instant Fund withdrawal No No
Instant Fund Transfer YES YES
Relationship Managers YES YES