Comparison –  Motilal Oswal Vs Share Khan

Motilal Oswal Share Khan
Year of Incorporation 1987 2000
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX & NCDEX
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 0.03% for Intraday & 0.3% for Delivery – Negotiable
Equity Futures 0.05% – Reduces upto 0.015% if brokerage paid upfront 0.03% of Turnover – Negotiable
Equity Options Rs 70/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 50/lot – Negotiable
Currency Futures 0.05% – Reduces upto 0.015% if brokerage paid upfront 0.03% of Turnover- Negotiable
Currency Options Rs 20/lot Rs 20/lot- Negotiable
Commodity 0.05% – Reduces upto 0.015% if brokerage paid upfront 0.03% of Turnover- Negotiable
Account opening charges
Trading and Demat NA Rs 500 which will be adjusted with brokerage
Only Trading Free, but with Margin Cheque NA
Commodity Free, but with Margin Cheque Nil
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 3 Months – Pay Extra for Falcon 30 Days
Margins & Leverage Provided
Equity Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum Upto 10 Times for Intraday & 5 Times for Delivery(Interest charged)
Equity Futures Upto 2 Times Intraday Upto 2 times for Intraday
Equity Options NA No Leverage
Currency Futures Upto 2 times Intraday No Leverage
Currency Options NA No Leverage
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 YES