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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 4 3.5
Brokerage Charges 3.0 1.0
Platforms & Tools 4.0 4.5
Customer Service 4.0 4.5
Year of Incorporation 2000 1987
Website www.sharekhan.com http://www.motilaloswal.com
Demat NSDL & CDSL NSDL/CDSL
Exchange Enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX & NCDEX
Active Clients 2016 342592 192095
Active Clients 2015 335843 165844
Active Clients 2014 350509 152608
Equity Delivery 0.3% - Negotiable 0.5% -Negotiable
Equity Intraday 0.03% - Negotiable 0.05% -Negotiable
Equity Futures 0.03% of Turnover - Negotiable 0.05% -Negotiable
Equity Options Rs 50/lot - Negotiable Rs 70/lot -Negotiable
Currency Futures 0.03% of Turnover - Negotiable 0.05% -Negotiable
Currency Options Rs 20/lot- Negotiable Rs 20/lot
Commodities 0.03% of Turnover- Negotiable 0.05% -Negotiable
Trading Only Rs 750 (Classic Account), Rs 1000 (Trade Tiger Account) NA
Trading & Demat Rs 500 which will be adjusted with brokerage Free, but with Margin Cheque
Commodity Nil Free, but with Margin Cheque
Software Yes
Web/HTML5 Yes
Android Apps Yes
IOS Apps Yes
Intraday 30 Days 3 Months - Pay Extra for Falcon
End of Day 10 Years 10 years - Pay Extra for Falcon
Coding
Indicators Yes
Online Trade Reports Yes
Online PNL Reports Yes
Online Contract Notes Yes
Tax Ready Yes
Equity Intraday Upto 10 Times Upto 10 Times
Equity Delivery Upto 5 Times (Interest charged) Upto 3 times @24%/Annum
Equity Options No Leverage NA
Equity Features Upto 2 times for Intraday Upto 2 Times Intraday
Currency Futures No Leverage Upto 2 times Intraday
Currency Options No Leverage NA
Commodities Upto 2 times for Intraday Upto 2 times Intraday
Equity 0.00325% of Turnover 0.00325% of Turnover
Equity Futures 0.0021% of Turnover 0.00200% of Turnover
Equity Options 0.055% of Premium Turnover 0.051% of Premium Turnover
AMC Charges Rs 400/year Free
DP Charges Rs 30 or 0.03% whichever is higher Rs 20/Debit Transaction
Commodities 0.0027% of Turnover 0.0025% of Turnover
Broker Assisted trades Nil Nil
Research & Tips Yes
Brokerage Calculator No
Margin Calculator No
Braket Orders No
Training & Education Yes