Comparison –  Motilal Oswal Vs KARVY

Motilal Oswal KARVY
Year of Incorporation 1987 1985
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 0.015/0.15% if brokerage paid upfront 0.03% Intraday, 0.3% Delivery
Equity Futures 0.05% – Reduces upto 0.015% if brokerage paid upfront 0.03% of Turnover
Equity Options Rs 70/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 50/lot
Currency Futures 0.05% – Reduces upto 0.015% if brokerage paid upfront 0.03% of Turnover
Currency Options Rs 20/lot Rs 50/lot
Commodity 0.05% – Reduces upto 0.015% if brokerage paid upfront 0.03% of Turnover
Account opening charges
Trading and Demat NA Rs 420
Only Trading Free, but with Margin Cheque NA
Commodity Free, but with Margin Cheque Rs 200
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 3 Months – Pay Extra for Falcon 5 days Intraday on ODIN
Margins & Leverage Provided
Equity Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum Intraday upto 20 times, 0 for Delivery
Equity Futures Upto 2 Times Intraday Upto 4 times for Intraday
Equity Options NA No Leverage for buying, upto 4 times for Shorting Intraday
Currency Futures Upto 2 times Intraday No Leverage
Currency Options NA No Leverage
Commodity Upto 2 times Intraday Upto 4 times for Intraday
Serviceable
3 in 1 Account No NO
Instant Fund withdrawal No NO
Instant Fund Transfer YES YES
Relationship Managers YES YES