Motilal Oswal Vs Choice Broking Demat Account Comparison

Motilal Oswal Sec. Ltd. is a leading research and advisory based stock broking house of India, with a dominant position in both institutional and retail broking.

Choice Equity Broking Private Limited popularly known as Choice Broking, is a full-service broker providing a wide range of services to its customers. Choice Broking is a subsidiary of publicly listed Choice International Ltd. with a pan India presence for Stock and Commodities Broking, Loan syndication, Insurance, Mutual Fund, etc. The company offers free trading and Demat account opening to its customers.

2nd Floor, Palm Spring Centre,
Link Road, Malad (West)
Mumbai, Maharashtra India - 400064

Chakarawarti Ashok Co Ophsg Cts No156,157,158, J.B.Nagar Off Sahar Road, Andheri (E) Mumbai Maharashtra India-400099

Motilal Oswal Securities services include stock broking in equities & derivatives products, distribution of mutual funds / IPOs and depository services.

NSE- Cash, FNO and CD segment BSE- Cash and Derivative. MCX-SX- Currency Derv. USE - Currency Derv. Group Company Member - MCX, NCDEX, ICEX

Nil

Nil

Rs 199 (Free for 1st Year)

Choice Broking offers Standard and special plans to individual customers to opt for.

1. Basic Standard Plan: ₹200
2. Special Plan:
   1. Lifetime AMC Free Plan (One Time - Non-refundable) :₹1,500
   2. Lifetime AMC Free Plan (One Time - Refundable deposit) :₹,3000

Note:

1. First year AMC is free.
2. In case of no scheme chosen at the end of first year, default standard plan will be applied.
3. In case of Corporates, AMC of ₹1,000 applied from first year.

Nil

Nil

Rs 100 per certificate + Rs 50 per certificate

₹25 per certificate

Rs 35 per certificate or per 100 shares and part thereof which ever is higher + 25 courier charges

₹25 per 100 Securities or 0.04% whichever is higher

₹10per transaction + GST

Rs 35 or 0.02% (whichever is higher) as per ISIN request

₹50 or 0.02% whichever is higher + GST

Nil

Rs 35 or 0.02% (whichever is higher) as per ISIN request

₹100 or 0.05% whichever is higher + GST

Nil

₹10 per instruction + GST

Demat Rejection: Rs 50 per request

Additional request for every DIS Booklet: ₹100.