Comparison –  Kotak Securities Vs Motilal Oswal

Kotak Securities Motilal Oswal
Year of Incorporation 1994 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% for Intraday & 0.5% for Delivery – Reduces upto 0.01/0.1 if brokerage paid upfront 0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.015/0.15% if brokerage paid upfront
Equity Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.05% – Reduces upto 0.015% if brokerage paid upfront
Equity Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 70/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Currency Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.05% – Reduces upto 0.015% if brokerage paid upfront
Currency Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 20/lot
Commodity 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.05% – Reduces upto 0.015% if brokerage paid upfront
Account opening charges
Trading and Demat NA NA
Only Trading Rs 750 Free, but with Margin Cheque
Commodity Rs 250 Free, but with Margin Cheque
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 Days 3 Months – Pay Extra for Falcon
Margins & Leverage Provided
Equity Upto 15 Times for Intraday, For Delivery upto 3 times but at Interest of Rs 75/Lakh/day or @24%/annum Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum
Equity Futures Upto 5 times Intraday Upto 2 Times Intraday
Equity Options Buying No Margin, Shorting upto 2 times for Intraday NA
Currency Futures Upto 2 times Intraday Upto 2 times Intraday
Currency Options Buying No Margin, Shorting upto 2 times for Intraday NA
Commodity Upto 2 times 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