Comparison –  Pro Stocks Vs Motilal Oswal

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