Comparison –  LKP Securities Vs Motilal Oswal

LKP Securities Motilal Oswal
Year of Incorporation 1948 1987
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL NSDL/CDSL
Brokerages
Equity Default Scheme: 0.05% for Intraday & 0.5% for Delivery, Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 to lower brokerage. (1 Year Validity) 0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.015/0.15% if brokerage paid upfront
Equity Futures Default Scheme: 0.05%, Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 to lower brokerage. (1 Year Validity) 0.05% – Reduces upto 0.015% if brokerage paid upfront
Equity Options Default Scheme: Rs. 50 per Lot, Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 to lower brokerage. (1 Year Validity) Rs 70/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Currency Futures Default Scheme: Rs. 30 per Lot Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 to lower brokerage. (1 Year Validity) 0.05% – Reduces upto 0.015% if brokerage paid upfront
Currency Options Default Scheme: Rs. 30 per Lot, Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 for lower brokerage. (1 Year Validity) Rs 20/lot
Commodity Default Scheme: Rs. 30, Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 for lower brokerage. (1 Year Validity) 0.05% – Reduces upto 0.015% if brokerage paid upfront
Account opening charges
Trading and Demat Rs 250 NA
Only Trading Rs 250 Free, but with Margin Cheque
Commodity Rs 250 Free, but with Margin Cheque
Trading Tools
Platforms web/ desktop Mobile/ web/ desktop
Charting 1 Day 3 Months – Pay Extra for Falcon
Margins & Leverage Provided
Equity Upto 10 times for Intraday 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 Upto 2 times for intraday NA
Currency Futures Upto 3 times for intraday Upto 2 times Intraday
Currency Options Upto 2 times for intraday NA
Commodity Upto 4 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