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Motilal Oswal Vs AxisDirect (Compare Motilal Oswal and AxisDirect)

Motilal Oswal Securities Ltd Logo

About Motilal Oswal
With over 35 years of industry experience and a client base which expands to more than 50 lakhs, Motilal Oswal Financial Services Ltd. (MOFSL) has become synonymous with India's investment partner. Incorporated in the year 1987, the financial services firm offers trading services in Equity, Commodity, Currency and Derivatives. It also offers other products like Mutual Funds, IPOs, US Stocks, Gold, Insurance, Fixed Income products and readymade portfolios such as Stock Baskets, Intelligent Adviso... Know more about Motilal Oswal Securities Ltd

Axis Securities Logo

About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

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Motilal Oswal Vs AxisDirect

Incorporated in 1987, Motilal Oswal is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 305 branches across India. Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

  Motilal Oswal AxisDirect
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1987 2006
Number of Branches 305 56
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Motilal Oswal Vs AxisDirect Charges & AMC

Motilal Oswal trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 900. Motilal Oswal Demat Account AMC Charges is Rs 199 (Free for 1st Year) and AxisDirect Demat Account AMC Charges is Rs 650.

  Motilal Oswal AxisDirect
Trading Account Opening Charges Rs 0 (Free) Rs 900
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 199 (Free for 1st Year) Rs 650

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Motilal Oswal Vs AxisDirect Brokerage

Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime) whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

Account Type Motilal Oswal Default Plan AxisDirect Standard Brokerage Plan
Fixed Charges NA NA
Equity Delivery 0.20% 0.50%
Equity Intraday Rs 0 (Free for lifetime) 0.05%
Equity Futures 0.02% 0.05%
Equity Options Rs 20 per lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Rs 20 per lot 0.05%
Currency Options Rs 20 per lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.02% 0.03%
Commodity Options Rs 200 Per Lot Rs 50 per lot
Special Offer
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.

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.

Motilal Oswal Charges Vs AxisDirect

Minimum Brokerage Rs 25 for Delivery Rs 20 per trade
Other Charges
Call & Trade Charges Free Rs 20 per call

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Motilal Oswal Vs AxisDirect Transaction Charges

Motilal Oswal transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Motilal Oswal AxisDirect
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 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity MCX: Rs 250 per Cr (0.0025%)
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Motilal Oswal Vs AxisDirect Leverage (Margin)

Motilal Oswal margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the AxisDirect margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Motilal Oswal AxisDirect
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Motilal Oswal and AxisDirect Features

The trading platforms offered Motilal Oswal include MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  Motilal Oswal AxisDirect
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform MO Investor App, MO Trader App, MO Trader Web, MO Trader EXE DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:15
Trading In SME Shares Allowed?
Referral Program Yes Yes
Other Features
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Motilal Oswal Vs AxisDirect Review

Motilal Oswal is rated 2.2 of 5 based on 143 customer reviews whereas AxisDirect is rated 2.0 of 5 based on 89 customer reviews.

  Motilal Oswal AxisDirect
  143 Customer Reviews    Rate Motilal Oswal 89 Customer Reviews    Rate AxisDirect
Fees 2.7 2.0
Brokerage 2.1 1.8
Trading Platform 2.9 2.5
Customer Service 2.5 2.1
Research Capabilities 2.3 2.7
Overall Ratings Rated 2.2 stars Rated 2.0 stars
Broker Rating Motilal Oswal is rated 2.2 of 5 based on 143 customer reviews AxisDirect is rated 2.0 of 5 based on 89 customer reviews

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Contact Broker / Request A Call Back

  Motilal Oswal Enquire AxisDirect Enquire
Contact Broker FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes. 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.

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Motilal Oswal Vs AxisDirect Investment Options

  Motilal Oswal AxisDirect
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options PMS, Fixed Deposits, Insurance Loans, ETF, Corporate FD

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Motilal Oswal Vs AxisDirect Order Type Offered

  Motilal Oswal AxisDirect
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) No No
Good Till Cancelled (GTC) Yes Yes
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Motilal Oswal Vs AxisDirect Research Report

  Motilal Oswal AxisDirect
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Motilal Oswal Vs AxisDirect Suitable For Investor Type

  Motilal Oswal AxisDirect
Casual Investor Yes
Active Investor
Trader Yes

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Motilal Oswal Vs AxisDirect - Pros and Cons

  Motilal Oswal AxisDirect
Pros
  1. 35+ years of Trading and Investing experience - Known for their Research in the industry and Wealth Creation Studies by Mr Raamdeo Agarwal who is also known as the "Warren Buffett of India"
  2. Free Equity Intraday Trading for Lifetime.
  3. Free 1st Month FnO Brokerage up to Rs 1,000
  4. Wide range of investment options - Stocks, Derivatives (Futures & Options), commodities, currencies, IPO, mutual funds, insurance, fixed deposits, Gold, US stocks, Sovereign Gold Bonds, Smallcase expert-curated ready investment baskets, and Intelligent Advisory Portfolios
  5. Investors can also buy shares of unlisted companies through PMS services offered by Motilal Oswal
  6. Up to 4X margin on a select range of stocks to make the most of your capital
  7. Free daily expert research and advisory calls along with a Personal Advisor to help you invest
  8. Free Trading Software - Different Apps for Investors and Traders
  9. Access to Options Store - Multi-leg options strategy, powered by expert mind and AI algorithm
  10. Access to MO Exclusive Smallcase - MO expert-curated small cases for all beginners
  11. Stock SIP feature - invest regularly in a stock you love
  12. Free and early access to Investor Community - StoCoMo
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons
  • Very high brokerage across all trading segments compared to other full-service brokers like Angel Broking, Edelweiss, Sharekhan, and IIFL.
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
Reviews
Promo / Offers

Motilal Oswal Special Offer

FREE Account Opening (for a limited time only)

  • Get FREE Account Opening,
  • Free Intraday Trades,
  • Free F&O brokerage for 1st Month,
  • FREE Personal Advisor and Research,
  • FREE for 1st Year Demat AMC.

This is a limited-time offer. Simply Open your FREE Demat Account in 5 Minutes.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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