Motilal Oswal vs Share Khan 2024: Detailed Comparision
Motilal Osawal
Motilal Oswal Financial Services Ltd. (MOFSL), with over 35 years of
industry experience and a client base of over 50 lakhs, has established itself as India’s
investing partner. Established in 1987, the financial services organisation provides trading
services in equity, commodity, currency, and derivatives. It also provides other goods
including Mutual Funds, IPOs, US Stocks, Gold, Insurance, Fixed Income products, and
premade portfolios such as Stock Baskets, Intelligent Advisory portfolio, etc.
(Motilal Oswal vs Share Khan)
For equity delivery, Motilal Oswal charges 0.20% broking; for intraday futures, it costs
0.02%; and for equity and currency options, it charges Rs 20 per lot. For futures, the
commodities broking fees are 0.02%, and for options, they are Rs 200 per lot. Motilal Oswal
is the first stock broker in India to provide free intraday trading to its clients, having
previously offered all of its broking plans prior to the introduction of Free Equity Intraday
trading.
Share Khan
Created in 2000 with the Serious in mind, Sharekhan is a full-service stock broking company
that is regarded as a trailblazer in India’s retail internet broking and digital investing. Through
its online trading platforms, which include the Sharekhan website, the TradeTiger desktop
trading program, the Sharekhan app, and the InvesTiger app (both for iOS and Android
devices), it provides online trading and investment services for broking.
The company’s main offerings are investments in IPOs, mutual funds, bonds, NCDs,
insurance, and trading in equity, derivatives, currencies, and commodities. In addition,
Sharekhan provides NRI services, portfolio management services, and margin
funding. Sharekhan levies fees for Equity Delivery trades that are equivalent to 0.30% of the
market rate or a minimum of 1 paisa per share, and for trades that are equivalent to 0.02%
of the market rate or a minimum of 1 paisa per share.Sharekhan has a core research team
of 12 members for fundamental equity research with wide coverage on +215 stocks across
sectors and market caps.
- Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 1987, Motilal Oswal is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 305 branches across India.
MOTILAL OSWAL VS SHARE KHAN
| Motilal Oswal | Share Khan | |
| Establishment Year | 1987 | 2000 |
| Founder | Motilal Oswal, Raamdeo Agrawal | Shripal Morakhia |
| Exchange Membership | BSE, NSE, MCX | BSE, NSE and MCX |
| Broker Type | Full Service Broker | Full Service Broker |
| Number of Branches | 305 | 2800 |
MOTILAL OSWAL VS SHARE KHAN CHARGES
| Charges | Motilal Oswal | Share Khan |
| Trade And Call Charge | Free | Rs.20 |
| Minimum Brokerage | Rupees 25 For Delivery | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share |
MOTILAL OSWAL VS SHARE KHAN TRADING PLATFORM
Motilal Oswal App and Sharekhan App is available for both Android and iOS devices.
Furthermore, the broking business provides access to several trading platforms, making
trading more convenient. These platforms are: Web Trading Platform, Trading Terminal,
Basket Trading Platform, and Mutual Fund Investment Platform. Below the table shows
some other information about both the trading platform
| Trading Platform | Motilal Oswal | Share Khan |
| Android App | Motilal Oswal App | Share Khan App |
| Trading Terminal | ||
| Algo Trading Platform | ||
| Foreign Stocks Trading Platform | NA | |
| Basket Trading Platform | ||
| Mutual Funds Investment Platform | ||
| Digital Gold Investment Platform | ||
| Bonds Investment Platform |
COMPARE MOTILAL OSWAL VS SHARE KHAN OFFERS
| Offers | Motilal Oswal | Share Khan |
| Free AMC | 1st Year Free | 1st Year Free |
| Free Account Opening | ||
| Flexible Brokerage | ||
| Free And Flate Brokerage | ||
| Margin Funding And Pledging | ||
| Free Dilevery And Intraday Trading | ||
| Free F And O Trading | ||
| Refferal Offers | Upto Rs.500 Per Client | Upto Rs.400 Per Client |
| Free Trading Calls | ||
| Brokerage Cashback | ||
| Zerodha Brokerage For Loss Macking Trade |
MOTILAL OSWAL VS SHARE KHAN PRODUCT PROVIDED
| Product Provided | Motilal Oswal | Share Khan |
| Equity Delivery | ||
| Equity Intraday | ||
| Equity Option | ||
| Equity Future | ||
| Currency Option | ||
| Currnency Future | ||
| Commodity Option | ||
| Commodity Future | ||
| Mutual Funds | ||
| Foreign Stocks | ||
| Banking | ||
| Insurance | ||
| Digital Gold | ||
| Gove. / Corporate Bonds |
MOTILAL OSWAL VS SHARE KHAN ADVISORY SERVICES
| Advisory Services | Motilal Oswal | Share Khan |
| IPO Service | ||
| Weekly and Monthly Report | ||
| Daily Stock Picks and Stock Tips | ||
| Company and Annual Report | ||
| Stock Recommendation and Research Reports | ||
| Trading Institution | , Education First | |
| PMS OR PCG | ||
| Intraday Service | ||
| Share and Pledging | ||
| Demat and Trading Services | ||
| NRI Service | ||
| 3 in 1 Account |
MOTILAL OSWAL VS SHARE KHAN PLATFORM FEATURES
| Features | Motilal Oswal | Share Khan |
| In Charting | ||
| Automated Trading | ||
| SMS Alerts | ||
| Margin Against Shares ( Equity Cash ) | ||
| Margin Against Shares (Equity F & O ) | NA | |
| Online Demo | ||
| Online Platform | ||
| Trading Platform | MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE | TradeTiger, Sharekhan Mobile |
| Trading in SME Shares | NA | NA |
| Global Indices | ||
| Real Time Update | ||
| Stock Tips | ||
| Online MF Buy | ||
| Multi Profile Management | ||
| Customised Recommendation | ||
| Interactive Charts | ||
| Intraday Square Time Off | 3:15 PM | 3:30 PM |
MOTILAL OSWAL VS SHARE KHAN DEMAT / TRADING ACCOUNT AND AMC CHARGE
Sharekhan trading account opening charges is Rs 0 (Free) while Motilal Oswal account
opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free
for 1st year) and Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st
Year).The table shows Demat and Trading Account Charges :-
| Charges | Motilal Oswal | Share Khan |
| Demat Account Opening Charge | Rs. 0 | Rs 0 ( free ) |
| Demat Account AMC Charge | Rs 199 (Free for 1st Year ) | Rs 400 (Free for 1st year) |
| Trading Account Opening Charge | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charge | Rs.0 | Rs 0 (Free) |
MOTILAL OSWAL VS SHARE KHAN BROKERAGE CHARGES
Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime).
while Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa
per share and intraday is 0.02% on market rate or minimum 1 paisa per share. Below the
table shows brokerage charges of both the platform
| Brokerage Charges | Motilal Oswal | Share Khan |
| Brokerage Plan | Standard plan | Freedom Pricing |
| Equity Intraday | 0.02% of Transaction Value | 0.02% of Transaction Value or 1 paisa per share (whichever is higher) |
| Equity Delivery 0.20% of | 0.20% of Transaction Value | 0.30% of Transaction Value or 1 paisa per share (whichever is higher) |
| Equity Option | Rs.20 per Lot | Rs.30 per Lot |
| Equity Future | 0.02% of Transaction Value | 0.03% of Transaction Value |
| Currency Option | Rs.20 per Lot | Rs.20 per Lot |
| Currency Future | 0.02% of Transaction Value | 0.03% of Transaction Value |
| Commodity Option | Rs.20 per Lot | Rs.75 per Lot |
| Commodity Future | 0.02% of Transaction Value | 0.03% of Transaction Value |
MOTILAL OSWAL VS SHARE KHAN LEVERAGE ( MARGIN ) CHARGES
Motilal Oswal margin for intraday cash is also up to 20% of the trade value (5x leverage)
based on the stock.while Sharekhan margin for intraday trading is up to 20% of the trade
value (5x leverage) based on the stock .The table shows clearly leverage margin
| Leverage Margin Charges | Motilal Oswal | Share Khan |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| F & O ( Equity, Currency, Commodity ) | 100% of NRML margin (Span + Exposure) (1x leverage | 100% of NRML margin (Span + Exposure) (1x leverage) |
MOTILAL OSWAL VS SHARE KHAN PROS AND CONS
Pros:
| Share Khan | Motilal Oswal |
| 1)Sharekhan provides investors with seminars, workshops, and online and in-person training. 2 )Online Funds are free of charge with Sharekhan. 3) Funds Pay-out to a bank account and transfers from bank accounts. 4) To accommodate diverse clients, it provides a variety of broking slabs. The more you trade, the less you pay in broking. 5) Funds Pay-out to a bank account and transfers from bank accounts. 6) For DP transactions, Sharekhan does not impose any fees. It costs nothing to transfer shares to and from a DP account. Sharekhan has a network of branches all throughout India. There is undoubtedly a Sharekhan in your community. 7) Sharekhan provides a variety of trading platforms tailored to the needs of its customers. This comprises online browser-based trading, an installable terminal, mobile, call-and-trade, and in-person trading at branch offices also With Sharekhan, the Call & Trade facility is free. | 1)Motilal Oswal’s PMS services allow investors to buy shares in unlisted firms. Make the most of your investments by earning up to 4X margin on a specific range of equities. 2) Free daily professional research and advising calls, coupled with a Personal Advisor to help. 3) Additionally, it offers free equity intraday trading for life. Free First-Month FnO Broking up to Rs 1,000 Investment possibilities include equities, derivatives (futures and options), commodities, currencies, IPOs, mutual funds, insurance, fixed deposits, gold, US stocks, sovereign gold bonds, smallcase expert-curated ready investment baskets, and intelligent advisory portfolios. 4) Free Trading Software: Different Apps for Investors and Traders. 5) Access to the Options Store Multi-leg options strategy, powered by professional mind and AI algorithm. 6) Access to MO. Exclusive Smallcase: MO expert-curated mini cases for all novices. Stock SIP feature: invest frequently on a stock you adore. 7) StoCoMo offers free and early access to its investor community. |
Cons:
| Motilal Oswal | Share Khan |
| 1)As a full-service broker that provides customer support and assistance through RMs, their fees are based on a percentage of the securities being traded rather than a flat fee. 2) Classic account holders cannot trade commodities since the segment must be activated separately. 3) Sharekhan does not offer 3-in-1 accounts because it does not provide banking services. | 1)Broking is extremely high across all trading segments when compared to other full-service brokers like as Angel Broking, Edelweiss, Sharekhan, and IIFL. 2) it doesn’t offer PMS OR PCG Investment option. 3) 3 in 1 Account Opening are not provided. |
MOTILAL OSWAL VS SHARE KHAN REVIEW
Motilal Oswal is rated 2.2 of 5 based on 150 customer reviews while Sharekhan is rated 3.3
of 5 based on 340 customer reviews :
| Review | Motilal Oswal | Share Khan |
| Customer Service | ⭐⭐ | ⭐⭐⭐ |
| Fees | ⭐⭐ | ⭐⭐ |
| Brokerage Charges | ⭐⭐⭐ | ⭐⭐⭐ |
| Research Capabilities | ⭐ | ⭐⭐ |
| Trading Platform | ⭐⭐ | ⭐⭐ |
| Overall Rating | ⭐⭐ | ⭐⭐⭐ |
COMPLAINTS OF MOTILAL OSWAL VS SHARE KHAN
The table below shows complaints regarding Motilal Oswal vs share Khan trading platform.
| Complaints | Motilal Oswal | Share Khan |
| Total Complaints Lodged | 350 | 145 |
| Total Complaints Resolved | 295 | 125 |
| % of Total Complaints Resolved | 85.25 % | 86.15 % |
| Non Actionable Complaints | 7 | 13 |
| % of Total Complaints Resolved | 4.75 % | 8.05 % |
MOTILAL VS SHARE KHAN TRANSACTION CHARGES
Motilal Oswal exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) |
BSE Rs 3700 per Cr (0.037%) (on premium). While Sharekhan transaction charges for
options is NSE Rs 5050 per Cr (0.0505%) (on premium). Below the table shows some of its
transaction charges :
| Transaction Charges | Motilal Oswal | Share Khan |
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side ) |
| Equity Option | NSE Rs 5000 per Cr (0.05%) | BSE | NSE Rs 5050 per Cr (0.0505%) (on Premium) |
| Rs 3700 per Cr (0.037%) (on premium) | (premium) | |
| Equity Future | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0. | NSE Rs 200 per Cr (0.002%) | BSE Rs 0 |
| Currency Option | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 3700 per Cr (0.037%) (on premium) |
| Currency Future | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | NSE Rs 95 per Cr (0.00095%) |
| Commodity Option | Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05% | MCX: Rs 250 per Cr (0.0025%) |
Conclusion: Motilal Oswal and Sharekhan are well-known Indian broking houses,
each with unique characteristics. Motilal Oswal specialises at research and advisory
services, providing robust market insights and a wide range of investment products. It
is ideal for serious investors that require thorough help. Sharekhan, on the other
hand, is user-friendly and has an intuitive trading platform, making it appropriate for
both new and seasoned traders. It offers efficient customer service and educational
resources. While Motilal Oswal is ideal for people who value in-depth research,
Sharekhan appeals to consumers who want a simple trading experience. Your pick is
based on your investment style and needs.
Customer Care Number/Email
Motilal Oswal Number : 022-40548000/022-67490600
Share Khan : 022 25753200 / 022 25753500 / 022 33054600
Client can contact this number for clearing your doubt.
Share Khan Support Email : myaccount@sharekhan.com
Motilal Oswal Support Email : query@motilaloswal.com
Client can contact this email for clearing your doubt.
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