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|
|Exchanges||BSE, NSE, MCX, MSEI & NCDEX||BSE, NSE, MCX, NCDEX|
|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|
|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 Options||For BSE: 0.002% and for NSE: 0.0511% on Premium||0.051% on Premium|
|Currency Options||0.042% on Premium||0.051% on Premium|
|Commodity||For MCX: 0.0025%||0.00%|
|Acceptance of Orders After Trading Hours||Y||NA|
|Trading Platform||Orion Lite||Trader Terminal|
|Investment Services||Stock/ Equity||Y||Y|
|IPO (Initial Public Offers)||Y||Y|
|Customer Support||24/7 Customer Support||Y||N|
|Online Live Chat||N||N|
|Reports||Daily Market Report||Y||Y|
|Quarterly Analysis of Results||Y||Y|