Comparison –  Motilal Oswal Vs Reliance Securities

Motilal Oswal Reliance Securities
Year of Incorporation 1987 2006
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, & MCX-SX
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 Equity: Upfront Brokerage: 0.04%/0.4% to 0.01%/0.1% for Intraday/Delivery
Equity Futures 0.05% – Reduces upto 0.015% if brokerage paid upfront Upfront Brokerage: 0.04% to 0.01% of Turnover
Equity Options Rs 70/lot – Reduces upto Rs 30/lot if brokerage paid upfront Upfront Brokerage: Rs 70/lot to Rs 10/lot
Currency Futures 0.05% – Reduces upto 0.015% if brokerage paid upfront Upfront Brokerage: 0.04% to 0.01% of Turnover
Currency Options Rs 20/lot Upfront Brokerage: Rs 70/lot to Rs 10/lot
Commodity 0.05% – Reduces upto 0.015% if brokerage paid upfront NA
Account opening charges
Trading and Demat NA Rs 950
Only Trading Free, but with Margin Cheque NA
Commodity Free, but with Margin Cheque NA
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 3 Months – Pay Extra for Falcon 22 Days on NEST
Margins & Leverage Provided
Equity Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum Upto 10 Times Intraday, Upto 3 times Delivery @ interest
Equity Futures Upto 2 Times Intraday Upto 3 times Intraday
Equity Options NA No Leverage
Currency Futures Upto 2 times Intraday No Leverage
Currency Options NA No Leverage
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