Motilal Oswal vs India Infoline – Point by Point Comparison

Motilal Oswal and India Infoline are both full service brokers when it comes to online share trading. Motilal Oswal has its services in BSE, NSE, MCX, MSEI and NCDEX whereas India Infoline offers its services in BSE, NSE, MCX and NCDEX.

There is no fee for opening a trading and demat account for Motilal Oswal but India Infoline charges Rs.750 and Rs. 555 respectively. The annual maintenance charge of Demat account for the former is Rs.441 and Rs.300 for the latter.

The minimum brokerage charge for India Infoline is Rs. 0.05 per share against Rs. 30 for delivery and Rs. 15 for Intraday in Motilal Oswal.

India Infoline does not accept orders after trading hours but Motilal Oswal does.

Comparing the trading platform, it is Orion Lite for Motilal Oswal and Trader Terminal for India Infoline.

Motilal Oswal offers investment in bond whereas India Infoline does not.

The most important part of online share trading is the effective customer support. If we compare both of these stock brokers, India Infoline does not provide 24/7 customer support but on the other hand Motilal Oswal provides the same for better services to its customers.

  Motilal Oswal India Infoline
Basic Information Type of Broker Full Service Broker Full Service Broker
Fees for Opening Trading Account Rs. 0 Rs. 750
Annual Maintenance Charges of Trading Account Rs. 0 NA
Fees for Opening Demat Account Rs. 0 Rs. 555
Annual Maintenance Charges of Demat Account Rs. 441 Rs. 300
Brokerage Charges Equity Delivery Charges 0.50% 0.50%
Equity Intraday Charges 0.05% 0.05%
Equity Future Charges 0.05% 0.05%
Equity Options Charges Rs. 75 per lot Rs. 100 per lot or 1% on premium, whichever is higher
Currency Futures Charges Rs. 20 per lot 0.05%
Currency Options Charges Rs. 20 per lot Rs. 100 per lot or 1% on premium, whichever is higher
Commodity Charges 0.03% 0.05%
Minimum Brokerage Charges For Delivery: Rs. 30 & For Intraday: Rs. 15 Rs. 0.05 per share
Transaction Charges Equity Delivery For BSE: 0.01% and for NSE: 0.00335% 0.00%
Equity Intraday For BSE: 0.002% and for NSE: 0.00325% 0.00%
Equity Futures 0.00% 0.00%
Equity Options For BSE: 0.002% and for NSE: 0.0511% on Premium 0.051% on Premium
Currency Futures 0.00% 0.00%
Currency Options 0.042% on Premium 0.051% on Premium
Commodity For MCX: 0.0025% 0.00%
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y NA
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Orion Lite Trader Terminal
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Bond/ NCD Y NA
Customer Support 24/7 Customer Support Y N
Email Y Y
Phone Y Y
Online Live Chat N N
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

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