Choice Broking Vs Motilal Oswal NRI Account Comparison
The side-by-side comparison of Choice Broking and Motilal Oswal NRI Account. Compare Choice Broking Vs Motilal Oswal NRI Account brokerage charges, exposure margin, demat account and AMC. Read Motilal Oswal and Choice Broking NRI Account reviews.
Find out Choice Broking Vs Motilal Oswal which is better NRI Trading Account. See Choice Broking Vs Motilal Oswal which is best NRI Demat Account.
Our Choice Equity Broking Private Limited comparison with Motilal Oswal Securities Ltd highlights the major differences between two brokers. Find the best between Choice Broking and Motilal Oswal NRI Account.
Choice Broking is a full-service broker offering online trading and advisory services to NRIs (except for those residing in the USA and Canada). It offers 2-in-1 accounts, combining Demat and trading accounts, to NRIs. The 2-in-1 account enables NR...
Motilal Oswal is one of the most trusted and experienced financial services companies in India. With over three decades of experience, the financial services provider offers comprehensive financial solutions to NRIs across the globe. Motilal Oswal of...
Account Type
NRI Trading
NRI Investment Account
Special Offer
Zerodha (Flat Rs 20 Per Trade)
Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Special Offer: FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes.
0.01% on delivery based turnover and 0.002% on non-delivery based turnover.
0.01% on delivery based turnover and 0.002% on non-delivery based turnover.
Choice Broking Vs Motilal Oswal NRI Account Margin
Choice Broking Margin
Motilal Oswal Margin
Equity Delivery
1x
1x
Equity Futures
1x
1x
Equity Options
1x
1x
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.
Choice Broking and Motilal Oswal NRI Account Features
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Choice Broking Vs Motilal Oswal Order Type Offered for NRI Account
Choice Broking
Motilal Oswal
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Choice Broking Vs Motilal Oswal - NRI Account Advantages and Disadvantages
Choice Broking
Motilal Oswal
Pros
Free account opening.
Advisory services with access to a wide range of research reports.
Convenient Mutual Fund investment through a mobile app or website.
Dedicated relationship manager.
Full-service broker with a range of trading & investment services.
A strong research team that provides investment advice and trade recommendations.
Presence across 2,200 locations in over 500 cities in India.
Cons
Higher brokerage charges when compared to other discount brokers.
Do not offer 3-in-1 account services.
Do not provide an online account opening facility.
MOSFL doesn't offer 3-in-1 account services. So, NRIs have to first transfer money from PIS account to trading account before placing an order.
It doesn't have offices in any foreign locations.
Brokerage is higher in comparison with discount stock brokers like Zerodha and Prostocks.
Conclusion
Choice Broking is a SEBI registered full-service broker offering trading and advisory services with a 2-in-1 account facility to the NRIs. The company offers online trading platforms to NRI for stock markets and mutual fund investments. Being a full-service broker, the brokerage charges are slightly on the higher side making it a costly broker for the NRIs. The company has a dedicated research team that provides insights on the economy and the markets along with a wide range of research reports to its clients based on its fundamental and technical analyses.
Motilal Oswal is a popular name in the financial services industry in India. The company offers a range of online trading and investment services to NRIs. NRIs get free access to the trading platform and dedicated research team that provides market insights through published reports on the economy, market trends, and sectors. Higher brokerage makes it expensive for investors/traders who don't need advisory services.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds