Motilal Oswal vs Share Khan 2024: Detailed Comparision

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Motilal Osawal

Motilal Oswal vs Share Khan

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

Share Khan vs Motilal Oswal

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 OswalShare Khan
Establishment Year19872000
FounderMotilal Oswal,
Raamdeo Agrawal
Shripal Morakhia
Exchange MembershipBSE, NSE, MCXBSE, NSE and MCX
Broker TypeFull Service BrokerFull Service Broker
Number of Branches3052800

MOTILAL OSWAL VS SHARE KHAN CHARGES

ChargesMotilal OswalShare Khan
Trade And Call ChargeFreeRs.20
Minimum BrokerageRupees 25 For DeliveryIntraday: 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 PlatformMotilal OswalShare Khan
Android AppMotilal 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

OffersMotilal OswalShare Khan
Free AMC1st Year Free1st 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 OffersUpto Rs.500 Per ClientUpto Rs.400 Per Client
Free Trading Calls
Brokerage Cashback
Zerodha Brokerage For Loss Macking Trade

MOTILAL OSWAL VS SHARE KHAN PRODUCT PROVIDED

Product ProvidedMotilal OswalShare 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 ServicesMotilal OswalShare 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

FeaturesMotilal OswalShare Khan
In Charting
Automated Trading
SMS Alerts
Margin Against Shares
( Equity Cash )
Margin Against Shares
(Equity F & O )
NA
Online Demo
Online Platform
Trading PlatformMO Investor
App, MO Trader
App, MO Trader
Web, MO
Trader EXE
TradeTiger,
Sharekhan
Mobile
Trading in SME SharesNANA
Global Indices
Real Time Update
Stock Tips
Online MF Buy
Multi Profile Management
Customised Recommendation
Interactive Charts
Intraday Square Time
Off
3:15 PM3:30 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 :-

ChargesMotilal Oswal Share Khan
Demat Account Opening
Charge
Rs. 0Rs 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.0Rs 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 ChargesMotilal OswalShare Khan
Brokerage PlanStandard planFreedom Pricing
Equity Intraday0.02% of
Transaction
Value
0.02% of Transaction
Value or 1 paisa per share
(whichever is higher)
Equity Delivery 0.20% of0.20% of
Transaction
Value
0.30% of Transaction
Value or 1 paisa per share
(whichever is higher)
Equity OptionRs.20 per LotRs.30 per Lot
Equity Future0.02% of
Transaction
Value
0.03% of Transaction
Value
Currency OptionRs.20 per LotRs.20 per Lot
Currency Future0.02% of
Transaction
Value
0.03% of Transaction
Value
Commodity OptionRs.20 per LotRs.75 per Lot
Commodity Future0.02% 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 ChargesMotilal OswalShare Khan
Equity IntradayUp to 20% of trade
value (5x leverage)
Up to 20% of trade
value (5x leverage)
Equity Delivery100% 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 KhanMotilal 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 OswalShare 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 :

ReviewMotilal 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.

ComplaintsMotilal OswalShare Khan
Total Complaints Lodged350145
Total Complaints Resolved295125
% of Total Complaints
Resolved
85.25 %86.15 %
Non Actionable Complaints713
% 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 ChargesMotilal OswalShare Khan
Equity DeliveryNSE 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 IntradayNSE 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 OptionNSE 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 FutureNSE Rs 190 per Cr
(0.0019%) | BSE Rs
0.
NSE Rs 200 per Cr
(0.002%) | BSE Rs
0
Currency OptionNSE 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 FutureNSE Rs 90 per Cr
(0.0009%) | BSE Rs
90 per Cr (0.0009%)
NSE Rs 95 per Cr
(0.00095%)
Commodity OptionFutures: 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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