Edelweiss vs Motilal Oswal

With multiple stock brokers available in India, finding the best one for yourself can be challenging. To understand share brokers Motilal Oswal and Edelweiss, we have examined their brokerage plans, Plan types, customer service, maintenance costs, AMC, trading platforms, ratings, reviews, mobile apps, and the investment options offered by them. It enables you to understand which broker is suitable for your needs.

About Motilal Oswal-

Motilal Oswal Securities Ltd. (MOSL), a diversified financial services company located in Mumbai, India, was founded in 1987. The organization provides trading services in equity, commodities, currencies, & derivatives. It also provides other products like- gold, insurance, fixed income, mutual funds, and initial public offerings. For its MOAMC discretionary Portfolio Management Service, MOSL is well known (PMS). Since its introduction in 2003, the PMS has had a solid track record and has regularly surpassed the benchmark during market cycles. Retail clients (including High Net Worth Individuals), mutual funds, international institutional investors, financial institutions, and corporate clients make up Motilal Oswal’s diverse clientele.

As of March 2018, Motilal Oswal managed 2,200+ business locations over a network of more than 500 cities and towns through the firm and its Business Partners. More than 10,00000 users have enrolled with the firm, and the depository assets total more than Rs 69,500 crore.

Strong research background is attributed to Motilal Oswal Securities. Equity research receives an investment of over 10% of sales. For large-cap, mid-cap, & technical probes, the organization employs specialized teams. It has released over 30,000 research papers on more than 260 organizations located across 21 different industries. The media has extensively covered Motilal Oswal’s research reports from a fundamental, technical, and derivatives research standpoint. Zee Business presented India’s Best Market Analyst Award for the IT & FMCG industry.

Account Types-

1.Default Account

A broad variety of investment alternatives are available through the conventional trading and Demat account, all of which may be tailored to fit your time frame and level of risk tolerance. This account provides trading in equity, derivatives, commodities, currencies, mutual funds, initial public offerings (IPO), PMS, insurance, and fixed income products. Long-term stock market investors and casual traders should use the default account type.

2.Value Pack-

Value Pack Account is an upfront subscription program that offers substantial brokerage rate savings. Customers may select from a variety of value packs and take advantage of the advantages of placing trades at a lower cost. Value packs are designed for everyday active traders who are regular traders.

3.Margin Pack

The upfront committed margin account known as a “Margin Pack Account” offers substantial brokerage reductions. Customers may select from a variety of margin packs and profit from placing trades at lower costs thanks to the availability of these options. The margin scheme is intended for everyday active traders who are regular traders.

About Edelweiss –

Edelweiss Broking Ltd., a full-service stockbroking business situated in Mumbai, India, was established in 2008. The business is a member of the Edelweiss Group, a preeminent conglomerate of diverse financial services founded in 1995.

All major asset classes, including equity, debt, mutual funds, initial public offerings (IPOs), currency derivatives, commodities, futures and options, are available for investment and trading through Edelweiss’ retail brokerage division. For all asset classes, trading approaches, and time horizons, Edelweiss provides its clients with investing guidance that is supported by research and analysis. The greatest selection of trading platforms for all media is offered by Edelweiss (Mobile app, a website & desktop trading software). All trading platforms are excellent and simple to use, with India’s top-rated app being Edelweiss Mobile Trader. With over 475 offices spread across 200 sites, Edelweiss Group is well-represented throughout India. It employs 11,938 people to serve over 12 lakh customers from diverse industries.

For its offerings and utilization of technology, Edelweiss has garnered several accolades. ABP BFSI Awards 2017, National Digital Marketing Awards 2017, Best Broker in India at Finance Asia (Hong Kong) Country Awards 2016, and BBC Knowledge are just a few of the significant honours received recently.

To meet the various demands of the traders, Edelweiss provides three different brokerage programs.

1.Edelweiss Lite (Discount Brokerage Plan)-

The next-generation online trading plan is intended for users who can trade online using the given tools and with little assistance from the broker. With this plan, you may trade in all trading sectors at BSE, NSE, and MCX for an incredibly cheap flat brokerage charge of Rs 10 per completed order.

2.Edelweiss Elite

With this strategy, the business assesses a brokerage fee as a percentage of the deal value. A full-service package offers free relationship managers that allow you to customize your trading experience.

3.Advance Subscription (prepaid) Plans

Customers who choose advanced subscription or prepaid plans must make a one-time upfront payment for a full year. Prepaid plans have substantially lower brokerage fees than the Standard Plan. This plan is intended for active traders who also benefit from lower brokerage fees, more leverage, free research and training, and a personal relationship manager.

Edelweiss vs Motilal Oswal

Both brokers provide investments in equity, F&O, currency, and commodities and are registered with SEBI. While Motilal Oswal’s commission is between .05 & .5%, Edelweiss’s fee is between Rs 10 and Rs 10. Full-service brokers describe both brokers. In comparison to Motilal Oswal, Edelweiss is rated less favourably overall. Motilal Oswal is rated 4 out of 5 but Edelweiss is only given a rating of 3.5 out of 5. Motilal Oswal has 2,13,010 active customers compared to 9,06,828 active customers for Edelweiss.

ITEMS Motilal Oswal Edelweiss
Trading Account Opening Charges  Rs 0 Rs 0 (Free)
Trading Account AMC Charges  Rs 0 Rs 0
Demat Account Opening Charges  Rs 0 Rs 0 (Free)
Demat Account AMC Charges  Free (Rs 400 2nd year onward) Rs 500 (1st Year Free)

 

Brokerage Charges Compare Edelweiss Motilal Oswal
Plan Name Edelweiss Lite Default Brokerage Plan
Equity Delivery Flat Rs. 10 per executed order 0.50%
Equity Intraday Flat Rs. 10 per executed order 0.05% (both side)
Equity Futures Flat Rs. 10 per executed order 0.05% (both side)
Equity Options Flat Rs. 10 per executed order Rs. 100 per lot (both side)
Currency Futures Flat Rs. 10 per executed order Rs. 20 per lot (both side)
Currency Options Flat Fee Rs Flat Rs. 10 per executed order Rs 20 per lot (both side)
Commodity Trading 0.01% 0.05% (both side)
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available No
Funding Yes – 24% interest PA Yes – 18% interest PA
Call & Trade Charges Free NA
Auto Square off Charges Free NA
Brokerage Calculator Brokerage Calculator for Edelweiss Brokerage Calculator for Motilal Oswal

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