Motilal Oswal vs Kotak Securities – Point by Point Comparison

On comparing the two leading brands for your online share trading, you should know about their services. Motilal Oswal Securities is a subsidiary full service broker of Motilal Oswal Financial Service Limited with 1900 branches in 500 main cities across India. While Kodak Securities is a subsidiary full service broker of Kotak Mahindra Bank with 1128 branches and franchisee across 325 cities in India. And they are incorporated to international offices in London, New York, Dubai and Singapore.

Motilal Oswal offers you a firm with diversified services of financial product and broking services like institutional, commodity and currency. And Kodak securities provides you with financial products and stock broking incorporated with professional traders. Motilal Oswal securities are a depository participant of NSDL and CDSL while Kodak Securities is a member of corporate with both Bombay stock exchange and National stock exchange and a depository participant of NSDL and CDSL too.

The brokerage pricing is different in both the brands. In Motilal Oswal, the brokerage is 0.05% to 0.5% per trade. On the other hand the brokerage of Kodak Securities is according to the plan of the trade for both buying and selling.

    Motilal Oswal Kotak Securities
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 Nil
Fees for Opening Demat Account Rs. 0 Nil
Annual Maintenance Charges of Demat Account Rs. 441 Rs. 600
Brokerage Charges Equity Delivery Charges 0.50% 0.49%
Equity Intraday Charges 0.05% 0.05%
Equity Future Charges 0.05% 0.05%
Equity Options Charges Rs. 75 per lot Rs. 100
Currency Futures Charges Rs. 20 per lot NA
Currency Options Charges Rs. 20 per lot NA
Commodity Charges 0.03% 0.07%
Minimum Brokerage Charges For Delivery: Rs. 30 & For Intraday: Rs. 15 Rs. 21 per executed order
Transaction Charges Equity Delivery For BSE: 0.01% and for NSE: 0.00335% 0.10%
Equity Intraday For BSE: 0.002% and for NSE: 0.00325% 0.025% on selling ledger
Equity Futures 0.00% 0.01%
Equity Options For BSE: 0.002% and for NSE: 0.0511% on Premium 0.02%
Currency Futures 0.00% 0.01%
Currency Options 0.042% on Premium 0.02%
Commodity For MCX: 0.0025% 0.00%
Features 3-in-1 Account N Y
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Orion Lite NA
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y N
Bond/ NCD Y Y
Customer Support 24/7 Customer Support Y N
Email Y Y
Phone Y Y
Online Live Chat N Y
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y NA

Like this Article? Subscribe to Our Feed!

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Out Best Brokerage Deals