Comparison –  Share Khan Vs Motilal Oswal

Share Khan Motilal Oswal
Year of Incorporation 2000 1987
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL & CDSL NSDL/CDSL
Brokerages
Equity 0.03% for Intraday & 0.3% for Delivery – Negotiable 0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.015/0.15% if brokerage paid upfront
Equity Futures 0.03% of Turnover – Negotiable 0.05% – Reduces upto 0.015% if brokerage paid upfront
Equity Options Rs 50/lot – Negotiable Rs 70/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Currency Futures 0.03% of Turnover- Negotiable 0.05% – Reduces upto 0.015% if brokerage paid upfront
Currency Options Rs 20/lot- Negotiable Rs 20/lot
Commodity 0.03% of Turnover- Negotiable 0.05% – Reduces upto 0.015% if brokerage paid upfront
Account opening charges
Trading and Demat Rs 500 which will be adjusted with brokerage NA
Only Trading NA Free, but with Margin Cheque
Commodity Nil Free, but with Margin Cheque
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 30 Days 3 Months – Pay Extra for Falcon
Margins & Leverage Provided
Equity Upto 10 Times for Intraday & 5 Times for Delivery(Interest charged) Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum
Equity Futures Upto 2 times for Intraday Upto 2 Times Intraday
Equity Options No Leverage NA
Currency Futures No Leverage Upto 2 times Intraday
Currency Options No Leverage NA
Commodity Upto 2 times for Intraday Upto 2 times Intraday
Serviceable
3 in 1 Account NO No
Instant Fund withdrawal NO No
Instant Fund Transfer YES YES
Relationship Managers YES YES