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Finding a right stock broker that suits your needs can be a challenging task. Our tools help investors and traders finding the ideal stock broker that fulfills all their needs from a large pool of traditional and discount stock brokers. We help you compare and review brokerage charges, turnover charges, annual maintenance charges, trading terminals, mobile apps, margins and other important things.

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Overall 3.5 3.5
Brokerage Charges 1.0 3.5
Platforms & Tools 4.5 2.5
Customer Service 4.5 3.0
Year of Incorporation 1987 2001
Website http://www.motilaloswal.com http://www.sbicapsec.com
Demat NSDL/CDSL CDSL
Exchange Enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE & BSE
Active Clients 2016 192095 153603
Active Clients 2015 165844 125828
Active Clients 2014 152608 113810
Equity Delivery 0.5% -Negotiable 0.5%- Negotiable
Equity Intraday 0.05% -Negotiable 0.05%- Negotiable
Equity Futures 0.05% -Negotiable 0.05% of Turnover- Negotiable
Equity Options Rs 70/lot -Negotiable Rs 100/lot- Negotiable
Currency Futures 0.05% -Negotiable 0.05% of Turnover- Negotiable
Currency Options Rs 20/lot Rs 30/lot- Negotiable
Commodities 0.05% -Negotiable NA
Trading Only NA NA
Trading & Demat Free, but with Margin Cheque Rs 850
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 Upto 5 days on ODIN
End of Day 10 years - Pay Extra for Falcon Upto 5 years on ODIN
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 5 times
Equity Delivery Upto 3 times @24%/Annum Upto 2 times @interest
Equity Options NA No Intraday Leverage
Equity Features Upto 2 Times Intraday No Intraday Leverage
Currency Futures Upto 2 times Intraday No Intraday Leverage
Currency Options NA No Intraday Leverage
Commodities Upto 2 times Intraday NA
Equity 0.00325% of Turnover 0.00325% of Turnover
Equity Futures 0.00200% of Turnover 0.0019%
Equity Options 0.051% of Premium Turnover 0.05% of Turnover
AMC Charges Free Rs 350/year
DP Charges Rs 20/Debit Transaction Rs 21/debit instruction or 0.01% whichever is higher
Commodities 0.0025% of Turnover NA
Broker Assisted trades Nil Nil
Research & Tips Yes Yes
Brokerage Calculator No Yes
Margin Calculator No Yes
Braket Orders No No
Training & Education Yes Yes