Comparison –  Motilal Oswal Vs SAMCO

Motilal Oswal SAMCO
Year of Incorporation 1987 2008
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE & MCX
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 Rs 20/executed order or 0.02%(intraday) or 0.2%(delivery) whichever is lower
Equity Futures 0.05% – Reduces upto 0.015% if brokerage paid upfront Rs 20/executed order or 0.02% whichever is lower
Equity Options Rs 70/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 20/executed order or 0.02% whichever is lower
Currency Futures 0.05% – Reduces upto 0.015% if brokerage paid upfront Rs 20/executed order or 0.02% whichever is lower
Currency Options Rs 20/lot Rs 20/executed order or 0.02% whichever is lower
Commodity 0.05% – Reduces upto 0.015% if brokerage paid upfront Rs 20/executed order or 0.02% whichever is lower
Account opening charges
Trading and Demat NA Rs 600
Only Trading Free, but with Margin Cheque Rs 200
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 on NEST
Margins & Leverage Provided
Equity Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum Upto 15 times for Intraday, No leverage for delivery
Equity Futures Upto 2 Times Intraday Upto 2.5 times for intraday
Equity Options NA Buying no leverage, Shorting upto 2.5 times for intraday
Currency Futures Upto 2 times Intraday Upto 2.5 times for intraday
Currency Options NA Buying no leverage, Shorting upto 2.5 times for intraday
Commodity Upto 2 times Intraday Upto 2 times for intraday
Serviceable
3 in 1 Account No NO
Instant Fund withdrawal No NO
Instant Fund Transfer YES YES
Relationship Managers YES NO