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Overall 3.5 4.5
Brokerage Charges 1.0 3.5
Platforms & Tools 4.5 4.0
Customer Service 4.5 4.5
Year of Incorporation 1987 1994
Website http://www.motilaloswal.com http://www.kotaksecurities.com
Demat NSDL/CDSL NSDL & CDSL
Exchange Enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX & NCDEX
Active Clients 2016 192095 2,57,563
Active Clients 2015 165844 2,46,945
Active Clients 2014 152608 2,68,459
Equity Delivery 0.5% -Negotiable 0.5% - Reduces upto 0.1 if brokerage paid upfront
Equity Intraday 0.05% -Negotiable 0.05% - Reduces upto 0.01 if brokerage paid upfront
Equity Futures 0.05% -Negotiable 0.05% - Reduces upto 0.01% if brokerage paid upfront
Equity Options Rs 70/lot -Negotiable Rs 100/lot - Reduces upto Rs 30/lot if brokerage paid upfront
Currency Futures 0.05% -Negotiable 0.05% - Reduces upto 0.01% if brokerage paid upfront
Currency Options Rs 20/lot Rs 100/lot - Reduces upto Rs 30/lot if brokerage paid upfront
Commodities 0.05% -Negotiable 0.05% - Reduces upto 0.01% if brokerage paid upfront
Trading Only NA NA
Trading & Demat Free, but with Margin Cheque Rs.750
Commodity Free, but with Margin Cheque Rs.250
Software Yes
Web/HTML5 Yes
Android Apps Yes
IOS Apps Yes
Intraday 3 Months - Pay Extra for Falcon 5 Days
End of Day 10 years - Pay Extra for Falcon 5 Years
Coding No n
Indicators Yes n
Online Trade Reports Yes
Online PNL Reports Yes
Online Contract Notes Yes
Tax Ready Yes
Equity Intraday Upto 10 Times Upto 15 Times
Equity Delivery Upto 3 times @24%/Annum Upto 3 times but at Interest of Rs 75/Lakh/day or @24%/annum
Equity Options NA Upto 5 times Intraday
Equity Features Upto 2 Times Intraday Buying No Margin, Shorting upto 2 times for Intraday
Currency Futures Upto 2 times Intraday Upto 2 times Intraday
Currency Options NA Buying No Margin, Shorting upto 2 times for Intraday
Commodities Upto 2 times Intraday Upto 2 times Intraday
Equity 0.00325% of Turnover 0.00325% of Turnover
Equity Futures 0.00200% of Turnover 0.00436% of Turnover
Equity Options 0.051% of Premium Turnover 0.0594% of Premium Turnover
AMC Charges Free Rs 50/Month
DP Charges Rs 20/Debit Transaction 0.04% or Rs 27/debit transaction whichever is higher
Commodities 0.0025% of Turnover 0.00436% of Turnover
Broker Assisted trades Nil Rs 20/call after the first 20 orders every month
Research & Tips Yes
Brokerage Calculator No
Margin Calculator No
Braket Orders No
Training & Education Yes