Comparison –  Motilal Oswal Vs SBI Capital

Motilal Oswal SBI Capital
Year of Incorporation 1987 2001
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 0.05% for Intraday, 0.5% for Delivery
Equity Futures 0.05% – Reduces upto 0.015% if brokerage paid upfront 0.05% of Turnover
Equity Options Rs 70/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 100/lot
Currency Futures 0.05% – Reduces upto 0.015% if brokerage paid upfront 0.03% of Turnover
Currency Options Rs 20/lot Rs 30/lot
Commodity 0.05% – Reduces upto 0.015% if brokerage paid upfront NA
Account opening charges
Trading and Demat NA Rs 850
Only Trading Free, but with Margin Cheque NA
Commodity Free, but with Margin Cheque NA
Trading Tools
Platforms Mobile/ web/ desktop web/ desktop
Charting 3 Months – Pay Extra for Falcon Upto 5 days on ODIN
Margins & Leverage Provided
Equity Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum Upto 5 times for Intraday, Upto 2 times for Delivery@interest
Equity Futures Upto 2 Times Intraday No Intraday Leverage
Equity Options NA No Intraday Leverage
Currency Futures Upto 2 times Intraday No Intraday Leverage
Currency Options NA No Intraday Leverage
Commodity Upto 2 times Intraday NA
Serviceable
3 in 1 Account No YES
Instant Fund withdrawal No YES
Instant Fund Transfer YES YES
Relationship Managers YES YES