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Overall 3.5 3.5
Brokerage Charges 1.0 4.5
Platforms & Tools 4.5 2.5
Customer Service 4.5 2.0
Year of Incorporation 1987 2010
Website http://www.motilaloswal.com http://www.achiieversequitiesltd.com
Demat NSDL/CDSL CDSL
Exchange Enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, & MCX
Active Clients 2016 192095 1,516
Active Clients 2015 165844 1,404
Active Clients 2014 152608 NA
Equity Delivery 0.5% -Negotiable Daily Brokerage Plan Rs. 50/ Day or Unlimited upfront Rs 750/Month or Rs 15/Executed order
Equity Intraday 0.05% -Negotiable Daily Brokerage Plan Rs. 50/ Day or Unlimited upfront Rs 750/Month or Rs 15/Executed order
Equity Futures 0.05% -Negotiable Daily Brokerage Plan Rs. 50/ Day or Unlimited upfront Rs 750/Month or Rs 15/Executed order
Equity Options Rs 70/lot -Negotiable Daily Brokerage Plan Rs. 50/ Day or Unlimited upfront Rs 750/Month or Rs 15/Executed order
Currency Futures 0.05% -Negotiable Daily Brokerage Plan Rs. 50/ Day or Unlimited upfront Rs 750/Month or Rs 15/Executed order
Currency Options Rs 20/lot Daily Brokerage Plan Rs. 50/ Day or Unlimited upfront Rs 750/Month or Rs 15/Executed order
Commodities 0.05% -Negotiable Daily Brokerage Plan Rs. 50/ Day or Unlimited upfront Rs 750/Month or Rs 15/Executed order
Trading Only NA NA
Trading & Demat Free, but with Margin Cheque Rs 750
Commodity Free, but with Margin Cheque Rs 300
Software Yes
Web/HTML5 Yes
Android Apps Yes
IOS Apps Yes n
Intraday 3 Months - Pay Extra for Falcon 5 Days on NOW & 5 Day on ODIN (MCX)
End of Day 10 years - Pay Extra for Falcon 10 years NOW & 5 years on ODIN (MCX)
Coding No n
Indicators Yes
Online Trade Reports Yes
Online PNL Reports Yes
Online Contract Notes Yes
Tax Ready Yes
Equity Intraday Upto 10 Times Upto 5 times
Equity Delivery Upto 3 times @24%/Annum No leverage
Equity Options NA No Leverage
Equity Features Upto 2 Times Intraday Upto 2 times for Intraday
Currency Futures Upto 2 times Intraday Upto 2 times for Intraday
Currency Options NA No Leverage
Commodities Upto 2 times Intraday Upto 4 times for Intraday
Equity 0.00325% of Turnover 0.0035% of Turnover
Equity Futures 0.00200% of Turnover 0.0039% of Turnover
Equity Options 0.051% of Premium Turnover 0.075% of Premium Turnover
AMC Charges Free Rs 400/Year
DP Charges Rs 20/Debit Transaction Rs 15 or 0.025% whichever higher
Commodities 0.0025% of Turnover 0.0046% of Turnover
Broker Assisted trades Nil Rs 20/ Executed Order
Research & Tips Yes
Brokerage Calculator No
Margin Calculator No
Braket Orders No
Training & Education Yes