Comparison –  Indianinfoline Vs Motilal Oswal

IIFL Motilal Oswal
Year of Incorporation 1996 1987
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL/CDSL NSDL/CDSL
Brokerages
Equity 0.05% Intraday & 0.5% Delivery – Negotiable
0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.015/0.15% if brokerage paid upfront
Equity Futures 0.05% of 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 25/lot – Negotiable 0.05% – Reduces upto 0.015% if brokerage paid upfront
Currency Options Rs 10/lot – Negotiable Rs 20/lot
Commodity 0.03% – Negotiable 0.05% – Reduces upto 0.015% if brokerage paid upfront
Account opening charges
Trading and Demat Rs 750 NA
Only Trading NA Free, but with Margin Cheque
Commodity Nill Free, but with Margin Cheque
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 20 Days 3 Months – Pay Extra for Falcon
Margins & Leverage Provided
Equity Upto 20 times Intraday, &3 times for Delivery@interest
Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum
Equity Futures Upto 3 times for Intraday Upto 2 Times Intraday
Equity Options Buying no leverage, Shorting upto 3 times NA
Currency Futures Upto 2 times for Intraday Upto 2 times Intraday
Currency Options Buying no leverage, Shorting upto 2 times 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