SBICAP Securities vs Motilal Oswal – Point by Point Comparison

  SBICAP Securities Motilal Oswal Securities
Basic Information Type of Broker Full Service Broker Full Service Broker
Exchanges BSE, NSE BSE, NSE, MCX, MSEI & NCDEX
Fees for Opening Trading Account Rs. 850 Rs. 0
Annual Maintenance Charges of Trading Account NA Rs. 0
Fees for Opening Demat Account Nil Rs. 0
Annual Maintenance Charges of Demat Account Rs. 350 Rs. 441
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. 100 per lot Rs. 75 per lot
Currency Futures Charges 0.03% Rs. 20 per lot
Currency Options Charges Rs. 30 per lot Rs. 20 per lot
Commodity Charges NA 0.03%
Minimum Brokerage Charges Re. 0.05% for cash & Re. 0.01 for future For Delivery: Rs. 30 & For Intraday: Rs. 15
Transaction Charges Equity Delivery For BSE: 0.00384% & NSE: 0.00386% For BSE: 0.01% and for NSE: 0.00335%
Equity Intraday For BSE: 0.00384% & NSE: 0.00386% For BSE: 0.002% and for NSE: 0.00325%
Equity Futures For NSE: 0.002206% (i.e. Rs. 221 per crore) 0.00%
Equity Options For NSE: 0.05515% (i.e. Rs. 5515 per crore) For BSE: 0.002% and for NSE: 0.0511% on Premium
Currency Futures 0.00% 0.00%
Currency Options For NSE: 0.05515% (i.e. Rs. 5515 per crore) 0.042% on Premium
Commodity NA For MCX: 0.0025%
Features 3-in-1 Account Y N
Mobile Trading N Y
Acceptance of Orders After Trading Hours N Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform ODIN Orion Lite
Investment Services Stock/ Equity Y Y
Commodity N Y
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Bond/ NCD Y Y
Customer Support 24/7 Customer Support N Y
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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