Comparison –  Motilal Oswal Vs Pro Stocks

Motilal Oswal Prostocks
Year of Incorporation 1987 Feb 2016 as Sunlight Broking LLP
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE & BSE
Demat (NSDL/CDSL) NSDL/CDSL CDSL
Brokerages
Equity 0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.015/0.15% if brokerage paid upfront Flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 899/monthly, Rs. 8,999 Unlimited Trading Per Year
Equity Futures 0.05% – Reduces upto 0.015% if brokerage paid upfront Flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 899/monthly, Rs. 8,999 Unlimited Trading Per Year
Equity Options Rs 70/lot – Reduces upto Rs 30/lot if brokerage paid upfront Flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 899/monthly, Rs. 8,999 Unlimited Trading Per Year
Currency Futures 0.05% – Reduces upto 0.015% if brokerage paid upfront flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 499/monthly, Rs.4,999 Unlimited Trading Per Year
Currency Options Rs 20/lot lat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 499/monthly, Rs.4,999 Unlimited Trading Per Year
Commodity 0.05% – Reduces upto 0.015% if brokerage paid upfront NA
Account opening charges
Trading and Demat NA Rs. 300
Only Trading Free, but with Margin Cheque Rs. 300
Commodity Free, but with Margin Cheque NA
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 3 Months – Pay Extra for Falcon 7 days
Margins & Leverage Provided
Equity Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum Upto 5 times for Intraday & 0 for Delivery
Equity Futures Upto 2 Times Intraday Upto 1.5 times for Intraday
Equity Options NA No Margin
Currency Futures Upto 2 times Intraday Upto 1.5 times for Intraday
Currency Options NA Upto 1.5 times for Intraday
Commodity Upto 2 times Intraday NA
Serviceable
3 in 1 Account No NO
Instant Fund withdrawal No NO
Instant Fund Transfer YES YES
Relationship Managers YES NO