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Never prefer Motilal if you are looking for a low brokerage solution. They usually charge high compare to other trading accounts, that too they will change your brokerage plan without proper notification and notice. I ended up paying so much because of the change they made after 2 years of use without consulting me. The biggest mistake I have done is never looked out of Motilal, now I realized that I at least lost 20-30k minimum on brokerage when I tried with other trading accounts.