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HomeStock BrokerAngel One vs Motilal Oswal

Angel One vs Motilal Oswal

Side-by-side view of features, pricing context, and platform fit.

Angel One

Angel One

Active Clients: 67,45,594

Established in 1987, Angel One is one of India's largest full-service retail brokers, also providing discount-style online brokerage plans. The brokerage firm offers stock and commodity trading, investment advisory se...

Motilal Oswal

Motilal Oswal

Active Clients: 9,04,002

With over 35 years of experience in the industry and a client base exceeding 50 lakhs, Motilal Oswal Financial Services Ltd. (MOFSL) has established itself as a prominent investment partner in India. Founded in 1987, ...

Side-by-Side Compare Table

CategoryAngel OneMotilal Oswal
Basic Details
  • •Broker Type: Full-service broker with discount-style pricing plans
  • •Founded: 1987
  • •Broker Type: Full-service broker
  • •Founded: 1987
Charges & AMC
  • •Account Opening: Nil in promoted offer periods
  • •Demat/AMC: Often free for first year in offer windows
  • •Account opening and first-year concessions are frequently offered in campaigns.
  • •Account administration charge may apply (listed in source as Rs 199).
Brokerage
  • •Equity Delivery: Flat Rs 20 or 0.1% (whichever is lower)
  • •Equity Intraday: Flat Rs 20 or 0.3% (whichever is lower)
  • •Equity Delivery: 0.20%
  • •Equity Intraday: Lifetime free highlighted in plan communication
Other Charges
  • •Statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
  • •Call and trade attracts additional fee.
  • •Statutory and exchange charges apply separately.
  • •Negotiated brokerage may be available for higher volume clients.
Leverage (Margin)
  • •Intraday equity leverage can go up to around 5x on eligible stocks.
  • •F&O margins follow exchange and risk norms.
  • •Equity intraday margin up to around 5x referenced.
  • •F&O margins generally around exchange-required levels.
Features
  • •ARQ advisory engine for idea support.
  • •Large branch and partner network.
  • •35+ years legacy and strong research franchise.
  • •Personal advisory and curated portfolios.
Trading Platforms
  • •Angel One App (mobile)
  • •Angel One Trade (web)
  • •MO Investor App
  • •MO Trader App
Reviews & Ratings
  • •Overall rating reference seen in source: 2.7/5 (partial table snapshot).
  • •Rating snapshot in source includes low-to-moderate category scores (overall shown near 2.2/5).
Investment Options
  • •Equity
  • •Commodity
  • •Equity, derivatives, commodity, currency
  • •Mutual funds, IPO, insurance, fixed income
Order Types Offered
  • •Standard market and limit orders
  • •Intraday and delivery order flows
  • •Standard delivery/intraday/F&O order flows
  • •Platform support for investor and trader-specific execution styles
Suitable For (Investor Type)
  • •Users wanting a mix of full-service support and flat-fee trading.
  • •Traders who value research and advisory touchpoints.
  • •Investors who value research and advisory depth.
  • •Users seeking broad product coverage including curated baskets.
Pros and Cons
  • •Pros:
  • •Strong brand history and physical support network.
  • •Pros:
  • •Deep research-led ecosystem and long market presence.

Detailed Comparison

Basic Details

Angel OneMotilal Oswal
  • •Broker Type: Full-service broker with discount-style pricing plans
  • •Founded: 1987
  • •SEBI Registration: INZ000161534
  • •NSE Member Code: 12798
  • •Net Worth: Rs 4620.22 Cr
  • •Broker Type: Full-service broker
  • •Founded: 1987
  • •SEBI Registration: INZ000158836
  • •NSE Member Code: 10412
  • •Net Worth: Rs 2155.32 Cr

Charges & AMC

Angel OneMotilal Oswal
  • •Account Opening: Nil in promoted offer periods
  • •Demat/AMC: Often free for first year in offer windows
  • •Call and Trade: Charged separately (commonly Rs 20 per trade)
  • •Account opening and first-year concessions are frequently offered in campaigns.
  • •Account administration charge may apply (listed in source as Rs 199).
  • •AMC terms can vary by offer window.

Brokerage

Angel OneMotilal Oswal
  • •Equity Delivery: Flat Rs 20 or 0.1% (whichever is lower)
  • •Equity Intraday: Flat Rs 20 or 0.3% (whichever is lower)
  • •Equity F&O: Flat Rs 20
  • •Currency F&O: Flat Rs 20
  • •Commodity F&O: Flat Rs 20
  • •Equity Delivery: 0.20%
  • •Equity Intraday: Lifetime free highlighted in plan communication
  • •Equity Futures: 0.02%
  • •Equity/Currency Options: Rs 20 per lot
  • •Commodity Options: Rs 200 per lot

Other Charges

Angel OneMotilal Oswal
  • •Statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
  • •Call and trade attracts additional fee.
  • •Statutory and exchange charges apply separately.
  • •Negotiated brokerage may be available for higher volume clients.

Leverage (Margin)

Angel OneMotilal Oswal
  • •Intraday equity leverage can go up to around 5x on eligible stocks.
  • •F&O margins follow exchange and risk norms.
  • •Equity intraday margin up to around 5x referenced.
  • •F&O margins generally around exchange-required levels.

Features

Angel OneMotilal Oswal
  • •ARQ advisory engine for idea support.
  • •Large branch and partner network.
  • •Research plus advisory ecosystem.
  • •Unified web, mobile, and desktop access.
  • •35+ years legacy and strong research franchise.
  • •Personal advisory and curated portfolios.
  • •Investor and trader specific app offerings.

Trading Platforms

Angel OneMotilal Oswal
  • •Angel One App (mobile)
  • •Angel One Trade (web)
  • •Angel SpeedPro (desktop terminal)
  • •MO Investor App
  • •MO Trader App
  • •Desktop EXE and web login platforms

Reviews & Ratings

Angel OneMotilal Oswal
  • •Overall rating reference seen in source: 2.7/5 (partial table snapshot).
  • •Rating snapshot in source includes low-to-moderate category scores (overall shown near 2.2/5).

Investment Options

Angel OneMotilal Oswal
  • •Equity
  • •Commodity
  • •Currency
  • •F&O
  • •Mutual funds
  • •Other distributed financial products
  • •Equity, derivatives, commodity, currency
  • •Mutual funds, IPO, insurance, fixed income
  • •US stocks and curated basket/intelligent advisory products

Order Types Offered

Angel OneMotilal Oswal
  • •Standard market and limit orders
  • •Intraday and delivery order flows
  • •Call-and-trade assisted orders
  • •Standard delivery/intraday/F&O order flows
  • •Platform support for investor and trader-specific execution styles

Suitable For (Investor Type)

Angel OneMotilal Oswal
  • •Users wanting a mix of full-service support and flat-fee trading.
  • •Traders who value research and advisory touchpoints.
  • •Investors preferring both online and assisted channels.
  • •Investors who value research and advisory depth.
  • •Users seeking broad product coverage including curated baskets.
  • •Traders who can negotiate pricing or use campaign offers effectively.

Pros and Cons

Angel OneMotilal Oswal
  • •Pros:
  • •Strong brand history and physical support network.
  • •Discount-style flat brokerage in key segments.
  • •Advisory and research stack available.
  • •Cons:
  • •Some plan terms and margin products can be complex for beginners.
  • •Extra operational charges apply for selected assisted services.
  • •Pros:
  • •Deep research-led ecosystem and long market presence.
  • •Broad product stack and advisory services.
  • •Free intraday proposition highlighted in current positioning.
  • •Cons:
  • •Standard card-rate brokerage can be high versus discount brokers.
  • •Not the simplest low-cost structure for all customer types.

Final Note

Use this side-by-side comparison as a starting point and verify the latest brokerage and compliance details on official broker pages before taking decisions.

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