Comparison –  HDFC Securities Vs Motilal Oswal

HDFC Securities Motilal Oswal
Year of Incorporation 2002 1987
Exchanges enabled NSE & BSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL/CDSL NSDL/CDSL
Brokerages
Equity 0.5% for Delivery & 0.05% for Intraday – Negotiable
0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.015/0.15% if brokerage paid upfront
Equity Futures 0.05% on Turnover – Negotiable 0.05% – Reduces upto 0.015% if brokerage paid upfront
Equity Options Rs 100/lot – Negotiable Rs 70/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Currency Futures Rs 23/lot – Negotiable 0.05% – Reduces upto 0.015% if brokerage paid upfront
Currency Options Rs 23/lot – Negotiable Rs 20/lot
Commodity NA 0.05% – Reduces upto 0.015% if brokerage paid upfront
Account opening charges
Trading and Demat Rs 999 NA
Only Trading N/A Free, but with Margin Cheque
Commodity N/A Free, but with Margin Cheque
Trading Tools
Platforms Mobile/ web Mobile/ web/ desktop
Charting 5 Days 3 Months – Pay Extra for Falcon
Margins & Leverage Provided
Equity Upto 20 times for Intraday, Upto 2 times for Delivery @interest
Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum
Equity Futures NA for Intraday Upto 2 Times Intraday
Equity Options NA for Intraday NA
Currency Futures NA for Intraday Upto 2 times Intraday
Currency Options NA for Intraday NA
Commodity NA for Intraday Upto 2 times Intraday
Serviceable
3 in 1 Account YES No
Instant Fund withdrawal YES No
Instant Fund Transfer YES YES
Relationship Managers YES YES