The comparison between Motilal Oswal, 5paisa, and Upstox highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Motilal Oswal is known for its user-friendly trading experience and reliability, while 5paisa stands out for offering competitive brokerage rates and an advanced mobile trading platform. Upstox provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 10.2 Lakhs, N/A, and 23.78 lakh users respectively, reflecting their popularity among investors. Overall, this comparison of Motilal Oswal, 5paisa, and Upstox helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.
Services / Features
The services/features comparison between Motilal Oswal, 5paisa, and Upstox reveals significant differences in their offerings. Motilal Oswal provides 4 for Overall Rating, while 5paisa offers 4 and Upstox features 4.5.
| Services / Features | Motilal Oswal | 5paisa | Upstox |
|---|---|---|---|
| Overall Rating | ★★★★★ | ★★★★★ | ★★★★★ |
| Brokerage Charges | ★★★★★ | ★★★★★ | ★★★★★ |
| Trading Platform | ★★★★★ | ★★★★★ | ★★★★★ |
| Investments Offering | ★★★★★ | ★★★★★ | ★★★★★ |
| Customer Service | ★★★★★ | ★★★★★ | ★★★★★ |
| Broker Type | Full Service Broker | Full Service Broker | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX | NSE, BSE | NSE, BSE |
| Active Clients | 10.2 Lakhs | — | 23.78 lakh |
| Broker Overview | Motilal Oswal Review | 5Paisa Review | Upstox Review |
Account Opening Charges and AMC
The account opening charges and AMC comparison between Motilal Oswal, 5paisa, and Upstox reveal significant differences in their offerings. Motilal Oswal provides N/A trading and demat account opening, while 5paisa offers Zero and Upstox features Free.
| Account Opening Charges and AMC | Motilal Oswal | 5paisa | Upstox |
|---|---|---|---|
| Trading Account Opening | — | Zero | Free |
| Trading AMC | — | ₹300 per year | ₹300 |
| Demat Account Opening | — | Zero | Free |
| Demat AMC | ₹199 per year | ₹25 + GST per month | ₹300 |
| Provide DP Service | Yes | Yes | Yes |
Brokerage Plans
The brokerage plans comparison between Motilal Oswal, 5paisa, and Upstox reveals significant differences in their offerings. Motilal Oswal provides - plans, while 5paisa offers - and Upstox features -.
| Brokerage Plans | Motilal Oswal | 5paisa | Upstox |
|---|---|---|---|
| Multiple Plans | - | - | - |
| Monthly Plans | - | - | - |
| Yearly Plans | - | - | - |
Brokerage Charges
This comparison between Motilal Oswal, 5paisa, and Upstox reveals significant differences in their brokerage charges. Motilal Oswal charges 0.20% brokerage on equity delivery and intraday, 0.02% for futures, and ₹20 per lot for options. 5paisa charges ₹20/order brokerage on equity delivery and intraday, ₹20/order for futures, and ₹20/order for options. Upstox charges ₹20 brokerage on equity delivery and intraday, ₹20 or 0.1% for futures, and ₹20 for options.
| Brokerage Charges | Motilal Oswal | 5paisa | Upstox |
|---|---|---|---|
| Plan Name | - | - | - |
| Equity Delivery | 0.20% | ₹20/order | ₹20 |
| Equity Intraday | Rs 0 (Free for lifetime) | ₹20/order | ₹20 or 0.1% |
| Equity Futures | 0.02% | ₹20/order | ₹20 or 0.1% |
| Equity Options | ₹20 per lot | ₹20/order | ₹20 |
| Currency Futures | ₹20 per lot | ₹20/order | ₹20 or 0.5% |
| Currency Options | ₹20 per lot | ₹20/order | ₹20 |
| Commodity Futures | 0.02% | ||
| Commodity Options | Rs 200 Per Lot | ||
| Hidden Charges | No | No | No |
| Call & Trade Charges | ₹25 + GST | ₹20 | ₹75 + GST |
| Auto Square Off Charges | ₹25 + GST | ₹20 | ₹75 + GST |
| Brokerage Calculator |
Transactions Charges
This comparison between Motilal Oswal, 5paisa, and Upstox reveals significant differences in their transactions. Motilal Oswal provides NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) for Transaction Charges Equity Delivery, while 5paisa offers NSE: 0.00297% BSE: 0.00375% and Upstox features NSE: 0.00297% per trade.
| Transactions Charges | Motilal Oswal | 5paisa | Upstox |
|---|---|---|---|
| Equity Delivery | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE: 0.00297% BSE: 0.00375% | NSE: 0.00297% per trade |
| Equity Intraday | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE: 0.00297% BSE: 0.00375% | NSE: 0.00297% per trade |
| Equity Futures | NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 | NSE: 0.00173% BSE: 0 | NSE: 0.00188% |
| Equity Options | NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) | NSE: 0.03503% BSE: Sensex 50/Stock options 0.0050% Sensex/Bankex options 0.0325% | NSE: 0.0495% (on premium) |
| Currency Futures | NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) | NSE: 0.00035% BSE: 0.00045% | NSE: 0.00035% BSE: 0.00045% |
| Currency Options | NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE: 0.0311% BSE: 0.001% | NSE: 0.0311% BSE: 0.001% |
| Commodity | — | 0.0418% | 0.05% |
Account Features
These are the notable distinctions in the account features of Motilal Oswal, 5paisa, and Upstox when compared.
| Account Features | Motilal Oswal | 5paisa | Upstox |
|---|---|---|---|
| 3-in-1 Account | No | No | No |
| Charting | Yes | Yes | Yes |
| Algo Trading | Yes | Yes | Yes |
| SMS Alerts | Yes | Yes | Yes |
| Online Demo | Yes | Yes | Yes |
| Online Portfolio | Yes | Yes | Yes |
| Margin Trading Funding Available | Yes | Yes | Yes |
| Combined Ledger for Equity and Commodity | Yes | Yes | Yes |
| Intraday Square-off Time | 3:20 PM | 3:20 PM | 3:20 PM |
| NRI Trading | Yes | No | No |
Trading Platforms
The trading platforms comparison between Motilal Oswal, 5paisa, and Upstox reveals significant differences in their offerings. Motilal Oswal, 5paisa and Upstox provide web trading platforms and mobile trading platforms.
| Trading Platforms | Motilal Oswal | 5paisa | Upstox |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | Motilal Oswal | 5paisa | Upstox |
| Mobile Trading | Yes | Yes | Yes |
| Mobile Trading App | Yes | Yes | Yes |
| Android Mobile App | Yes | Yes | Yes |
| Android App Download | Yes | Yes | Yes |
| iPhone Mobile App (iOS) | Yes | Yes | Yes |
| iOS App Download | Download | App Download | Download |
| Android Tablet App | Yes | Yes | Yes |
| iPad App (iOS) | Yes | Yes | Yes |
| Trading Software Charges | Zero | Zero | Free |
Broker Ratings
The broker ratings comparison between Motilal Oswal, 5paisa, and Upstox reveals significant differences in their offerings. Motilal Oswal provides 4.3 for Fees Ratings, while 5paisa offers 4.3 and Upstox features 4.3.
| Broker Ratings | Motilal Oswal | 5paisa | Upstox |
|---|---|---|---|
| Fees Ratings | 4.3 | 4.3 | 4.3 |
| Trading Brokerage Rating | 4.3 | 4.3 | 4.4 |
| Trading Platform Usability | 4.3 | 4.3 | 4.4 |
| Customer Service Ratings | 4.3 | 4.2 | 4.2 |
| Overall Ratings | 4.3 | 4.3 | 4.3 |
Investment Offerings
This comparison between Motilal Oswal, 5paisa, and Upstox reveals significant differences in their investment offerings. Motilal Oswal provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while 5paisa provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and Upstox provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.
| Investment Offerings | Motilal Oswal | 5paisa | Upstox |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | Yes | Yes | Yes |
| Commodity | Yes | Yes | Yes |
| Online IPO Application | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes |
| Bond / NCD | Yes | Yes | Yes |
| ETF | Yes | Yes | Yes |
| Banking | No | No | No |
| Insurance | No | No | No |
| Forex | Yes | Yes | Yes |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | Yes | Yes |
| PMS Service | Yes | No | Yes |
| Other Investment Options | Yes | Yes | Yes |
Customer Support
The comparison between Motilal Oswal, 5paisa, and Upstox reveals significant differences in their Customer Support. Motilal Oswal provides Yes, while 5paisa offers N/A and Upstox features No.
| Customer Support | Motilal Oswal | 5paisa | Upstox |
|---|---|---|---|
| 24/7 Customer Service | Yes | — | No |
| Email Support | Yes | Yes | Yes |
| Online Live Chat | Yes | Yes | Yes |
| Phone Support | Yes | Yes | Yes |
| Toll Free Number | 022 40548383 | — | No |
| Through Branches | — | — | Yes |
| Customer Care Number | +91 9769972825 | 8976689766 | 022-41792999 |
| Account Opening Process | Online/Paperless | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center / Education | https://www.motilaloswal.com/news | — | https://upstox.com/uplearn/ |
| Head Office Address | Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai – 400025 | IIFL House, Sun Infotech Park, Road No. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra – 400604 | 30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar (W), Mumbai, Maharashtra 400013 |
| Website | https://www.motilaloswal.com/ | https://www.5paisa.com/ | https://upstox.com/ |
Research and Reports
The research and reports comparison between Motilal Oswal, 5paisa, and Upstox reveals significant differences in their offerings.
| Research and Reports | Motilal Oswal | 5paisa | Upstox |
|---|---|---|---|
| Research Mutual Funds | Yes | Yes | Yes |
| Research Equity Reports | Yes | Yes | Yes |
| Research ETF | Yes | Yes | Yes |
| Daily Market Report | Yes | Yes | Yes |
| Free Tips | No | No | No |
| Quarterly Result Analysis | Yes | Yes | Yes |
| News Alerts | Yes | Yes | Yes |
Demat Account Charges
This comparison between Motilal Oswal, 5paisa, and Upstox reveals significant differences in their demat account charges. Motilal Oswal provides CDSL & NSDL for DP Source, while 5paisa offers CDSL and Upstox features CDSL.
| Demat Account Charges | Motilal Oswal | 5paisa | Upstox |
|---|---|---|---|
| DP Source | CDSL & NSDL | CDSL | CDSL |
| DP ID | 16-2015 | 192-2016 | 81800 |
| Demat Account Annual Maintenance Charges (AMC) | Rs 199 | ₹300 per year | Rs 300 |
| Advance Deposit | No | No | No |
| Transaction Charges on Debit (Per ISIN) | 0.025% or Rs 30 | ₹20 + GST per scrip | — |
| Demat | Rs 100 per certificate + Rs 50 per certificate | ₹15 | — |
| Remat | Rs 35 per certificate + 25 courier charges | ₹15 + CDSL charges | — |
| Pledge Creation | Rs 35 or 0.02% | ₹20 + GST | ₹20 + GST per scrip |
| Pledge Creation Confirmation | Nil | ₹20 + GST | Yes |
| Pledge Closure | Rs 35 or 0.02% | ₹20 + GST | ₹20 + GST per scrip |
| Pledge Closure Confirmation | Nil | ₹20 + GST | Yes |
| Pledge Invocation | Rs 35 or 0.02% | ₹20 + GST | ₹20 + GST per scrip |
| Failed Instruction Charges | Nil | ₹20 + GST | ₹50 per transaction |
| Other Charges | Demat Rejection: Rs 50 per request | — | No |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| Motilal Oswal |
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| 5paisa |
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| Upstox |
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User Experience: Buying Stocks
Motilal Oswal – User Trading Experience
Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.
Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.
Brokerage Transparency: Intraday brokerage is Rs 0 (Free for lifetime), and charges are shown before order confirmation.
Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.
Research & IPO: Provides equity research reports. Supports online IPO applications.
Customer Support: Customer service rating is 4.3/5.
Market Presence: Around 10.2 Lakhs active clients use this broker.
5paisa – User Trading Experience
Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.
Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.
Brokerage Transparency: Intraday brokerage is ₹20/order, and charges are shown before order confirmation.
Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.
Research & IPO: Provides equity research reports. Supports online IPO applications.
Customer Support: Customer service rating is 4.2/5.
Market Presence: Around many active clients use this broker.
Upstox – User Trading Experience
Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.
Platform & Order Execution: The platform rating is 4.5/5. Mobile trading app ensures real-time order execution and portfolio tracking.
Brokerage Transparency: Intraday brokerage is ₹20 or 0.1%, and charges are shown before order confirmation.
Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.
Research & IPO: Provides equity research reports. Supports online IPO applications.
Customer Support: Customer service rating is 4.2/5.
Market Presence: Around 23.78 lakh active clients use this broker.
Frequently Asked Questions
The account opening charges vary significantly: Motilal Oswal charges Not specified, 5paisa charges Zero, and Upstox charges Free. When considering AMC, investors should evaluate the overall cost structure along with the features and services provided by each broker.
Brokerage charges differ across platforms: Motilal Oswal offers Rs 0 (Free for lifetime) for equity intraday, 5paisa provides ₹20/order, and Upstox charges ₹20 or 0.1%. The actual costs may vary based on trading volume, account type, and specific plans offered by each broker.
All three brokers provide diverse investment opportunities: Motilal Oswal offers 4, 5paisa provides 4, and Upstox features 4.5. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.
Customer support quality varies: Motilal Oswal has 4 support, 5paisa offers 4, and Upstox provides 4.4. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.
Platform usability ratings show: Motilal Oswal with 4.3, 5paisa with 4.3, and Upstox with 4.4. The best interface depends on individual preferences - some users prefer simplicity while others need advanced features and customization options.
Yes, mutual fund and stock investing is available across all platforms: Motilal Oswal (Yes), 5paisa (Yes), and Upstox (Yes). All three brokers provide comprehensive access to equity markets and mutual fund investments through their respective platforms.
For beginners, the choice depends on specific needs: Motilal Oswal offers user-friendly platforms with educational resources, 5paisa provides competitive pricing with intuitive interfaces, and Upstox combines ease of use with comprehensive investment options. Beginners should consider factors like ease of account opening, customer support quality, educational content, and platform simplicity when making their decision.
All three brokers offer robust mobile trading apps with different strengths: Motilal Oswal focuses on intuitive design and quick execution, 5paisa emphasizes advanced charting and analysis tools, while Upstox balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.
Stock Broker Review
Motilal Oswal
5paisa
