Comparison – Reliance Securities Vs Motilal Securities
| Reliance Securities | Motilal Oswal | |
| Year of Incorporation | 2006 | 1987 |
| Exchanges enabled | NSE, BSE, & MCX-SX | NSE, BSE, MCX-SX, MCX & NCDEX |
| Demat (NSDL/CDSL) | NSDL, CDSL | NSDL/CDSL |
| Brokerages | ||
| Equity | Equity: Upfront Brokerage: 0.04%/0.4% to 0.01%/0.1% for Intraday/Delivery |
0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.015/0.15% if brokerage paid upfront
|
| Equity Futures | Upfront Brokerage: 0.04% to 0.01% of Turnover | 0.05% – Reduces upto 0.015% if brokerage paid upfront |
| Equity Options | Upfront Brokerage: Rs 70/lot to Rs 10/lot | Rs 70/lot – Reduces upto Rs 30/lot if brokerage paid upfront |
| Currency Futures | Upfront Brokerage: 0.04% to 0.01% of Turnover | 0.05% – Reduces upto 0.015% if brokerage paid upfront |
| Currency Options | Upfront Brokerage: Rs 70/lot to Rs 10/lot | Rs 20/lot |
| Commodity | NA | 0.05% – Reduces upto 0.015% if brokerage paid upfront |
| Account opening charges | ||
| Trading and Demat | Rs 950 | NA |
| Only Trading | NA | Free, but with Margin Cheque |
| Commodity | NA | Free, but with Margin Cheque |
| Trading Tools | ||
| Platforms | Mobile/ web/ desktop | Mobile/ web/ desktop |
| Charting | 22 Days on NEST | 3 Months – Pay Extra for Falcon |
| Margins & Leverage Provided | ||
| Equity | Upto 10 Times Intraday, Upto 3 times Delivery @ interest |
Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum
|
| Equity Futures | Upto 3 times Intraday | Upto 2 Times Intraday |
| Equity Options | No Leverage | NA |
| Currency Futures | No Leverage | Upto 2 times Intraday |
| Currency Options | No Leverage | 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 |