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Overall 3.5 3.5
Brokerage Charges 1.0 2.5
Platforms & Tools 4.5 4.0
Customer Service 4.5 3.5
Year of Incorporation 1987 2000
Website http://www.motilaloswal.com http://www.icicidirect.com
Demat NSDL/CDSL NSDL & CDSL
Exchange Enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE & BSE
Active Clients 2016 192095 591504
Active Clients 2015 165844 560438
Active Clients 2014 152608 594714
Equity Delivery 0.5% -Negotiable 0.25%- Negotiable
Equity Intraday 0.05% -Negotiable 0.05%- Negotiable
Equity Futures 0.05% -Negotiable 0.05% of Turnover for Overnight & Intraday only one side- Negotiable
Equity Options Rs 70/lot -Negotiable Rs 95/lot for Overnight & Rs 25/lot for Intraday - Negotiable
Currency Futures 0.05% -Negotiable 0.05% of Turnover for Overnight & Intraday only one side- Negotiable
Currency Options Rs 20/lot Rs 95/lot for Overnight & Rs 25/lot for Intraday - Negotiable
Commodities 0.05% -Negotiable NA
Trading Only NA NA
Trading & Demat Free, but with Margin Cheque Rs 975 for 3 in 1 Account
Commodity Free, but with Margin Cheque NA
Software Yes Yes
Web/HTML5 Yes Yes
Android Apps Yes Yes
IOS Apps Yes Yes
Intraday 3 Months - Pay Extra for Falcon 20 Days
End of Day 10 years - Pay Extra for Falcon 10 years
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 25 times
Equity Delivery Upto 3 times @24%/Annum Upto 5 times @interest
Equity Options NA Not for buying but upto 2 times for shorting
Equity Features Upto 2 Times Intraday Upto 4 times for intraday
Currency Futures Upto 2 times Intraday NA
Currency Options NA NA
Commodities Upto 2 times Intraday NA
Equity 0.00325% of Turnover 0.00325% of Turnover
Equity Futures 0.00200% of Turnover 0.0019% of Turnover
Equity Options 0.051% of Premium Turnover 0.05% of Turnover
AMC Charges Free Rs 450/Year
DP Charges Rs 20/Debit Transaction Rs 25/Transaction or 0.05% whichever higher
Commodities 0.0025% of Turnover NA
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