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Overall 3.5 4
Brokerage Charges 1.0 1.5
Platforms & Tools 4.5 4.5
Customer Service 4.5 4.5
Year of Incorporation 1987 1994
Website http://www.motilaloswal.com http://www.rathionline.com
Demat NSDL/CDSL NSDL
Exchange Enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX, & NCDEX
Active Clients 2016 192095 61895
Active Clients 2015 165844 58264
Active Clients 2014 152608 57205
Equity Delivery 0.5% -Negotiable 0.3% -Negotiable
Equity Intraday 0.05% -Negotiable 0.03% -Negotiable
Equity Futures 0.05% -Negotiable 0.03% -Negotiable
Equity Options Rs 70/lot -Negotiable Rs 50/lot -Negotiable
Currency Futures 0.05% -Negotiable 0.03% -Negotiable
Currency Options Rs 20/lot Rs 50/lot -Negotiable
Commodities 0.05% -Negotiable 0.03% -Negotiable
Trading Only NA NA
Trading & Demat Free, but with Margin Cheque Rs 550
Commodity Free, but with Margin Cheque Rs 250
Software Yes Yes
Web/HTML5 Yes Yes
Android Apps Yes Yes
IOS Apps Yes
Intraday 3 Months - Pay Extra for Falcon 22 days on NEST
End of Day 10 years - Pay Extra for Falcon 10 years on NEST
Coding No
Indicators Yes Yes
Online Trade Reports Yes Yes
Online PNL Reports Yes Yes
Online Contract Notes Yes Yes
Tax Ready Yes Yes
Equity Intraday Upto 10 Times Upto 10 times
Equity Delivery Upto 3 times @24%/Annum Upto 4 times @interest
Equity Options NA Buying no leverage, Shorting upto 2 times
Equity Features Upto 2 Times Intraday Upto 2 times Intraday
Currency Futures Upto 2 times Intraday Upto 2 times Intraday
Currency Options NA Buying no leverage, Shorting upto 2 times
Commodities Upto 2 times Intraday Upto 2 times Intraday
Equity 0.00325% of Turnover 0.0035% of Turnover
Equity Futures 0.00200% of Turnover 0.0035% of Turnover
Equity Options 0.051% of Premium Turnover 0.07% of Premium Turnover
AMC Charges Free Rs 300/year
DP Charges Rs 20/Debit Transaction Rs 25/debit Instruction
Commodities 0.0025% of Turnover 0.0035% of Turnover
Broker Assisted trades Nil Nil
Research & Tips Yes Yes
Brokerage Calculator No No
Margin Calculator No No
Braket Orders No No
Training & Education Yes Yes