Comparison –  Motilal Oswal Vs LKP Securities

Motilal Oswal LKP Securities
Year of Incorporation 1987 1948
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX & NCDX
Demat (NSDL/CDSL) NSDL/CDSL NSDL
Brokerages
Equity 0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.015/0.15% if brokerage paid upfront 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)
Equity Futures 0.05% – Reduces upto 0.015% if brokerage paid upfront Default Scheme: 0.05%, Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 to lower brokerage. (1 Year Validity)
Equity Options Rs 70/lot – Reduces upto Rs 30/lot if brokerage paid upfront Default Scheme: Rs. 50 per Lot, Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 to lower brokerage. (1 Year Validity)
Currency Futures 0.05% – Reduces upto 0.015% if brokerage paid upfront Default Scheme: Rs. 30 per Lot Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 to lower brokerage. (1 Year Validity)
Currency Options Rs 20/lot Default Scheme: Rs. 30 per Lot, Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 for lower brokerage. (1 Year Validity)
Commodity 0.05% – Reduces upto 0.015% if brokerage paid upfront Default Scheme: Rs. 30, Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 for lower brokerage. (1 Year Validity)
Account opening charges
Trading and Demat NA Rs 250
Only Trading Free, but with Margin Cheque Rs 250
Commodity Free, but with Margin Cheque Rs 250
Trading Tools
Platforms Mobile/ web/ desktop web/ desktop
Charting 3 Months – Pay Extra for Falcon 1 Day
Margins & Leverage Provided
Equity Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum Upto 10 times for Intraday
Equity Futures Upto 2 Times Intraday Upto 3 times for intraday
Equity Options NA Upto 2 times for intraday
Currency Futures Upto 2 times Intraday Upto 3 times for intraday
Currency Options NA Upto 2 times for intraday
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