MO
Motilal Oswal
Full-Service BrokerAccount opening₹0 (Free to open)
AMC₹199 per year (Free for 1st year)
Intraday0.02% of trade volume
Broker Comparison
Motilal Oswal vs INDmoney
Compare brokerage charges, account fees, trading platforms, products, MTF, advantages and limitations before choosing a broker.
Data verified: 2026-08-03
IN
INDmoney
Investment Platform / BrokerAccount openingPlan/offer-dependent; verify official onboarding page
AMCPlan/account-dependent; verify official tariff
IntradayPlan-dependent; verify official tariff
Motilal Oswal vs INDmoney: Quick comparison
Key charges and account features side by side.
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| Feature | Motilal Oswal | INDmoney |
|---|---|---|
| Broker type | Full-Service Broker | Investment Platform / Broker |
| Account opening Charges | ₹0 (Free to open) | Plan/offer-dependent; verify official onboarding page |
| Annual maintenance Charges | ₹199 per year (Free for 1st year) | Plan/account-dependent; verify official tariff |
| Equity delivery | 0.20% of trade volume | Plan-dependent; verify official tariff |
| Equity intraday | 0.02% of trade volume | Plan-dependent; verify official tariff |
| Futures | 0.02% of trade volume | Plan-dependent; verify official tariff |
| Options | ₹20 per lot | Plan-dependent; verify official tariff |
| Commodity | 0.02% or ₹20 per lot | Available only where enabled by the broker; verify current segment availability and tariff. |
| Currency | 0.02% for Futures / ₹20 per lot for Options | Available only where enabled by the broker; verify current segment availability and tariff. |
| DP charges | ₹20 or 0.025% of the transaction value per scrip (whichever is higher) | Charged on eligible Demat debit transactions; verify the current per-ISIN tariff on the official pricing page. |
| Auto Square off | ₹50 per executed order. | Availability, eligible securities and interest rate are broker/plan-dependent; verify the official MTF terms. |
| Call & trade | ₹50 per executed order. | May attract an additional assisted-order charge; verify the current tariff. |
| Customer support | Official app/web help centre, ticket, email and/or phone support. | Official app/web help centre, ticket, email and/or phone support; channels vary by broker. |
| Active Users | NSE Active Clients: ~8.99 Lakh | Check official tariff |
About Motilal Oswal
Motilal Oswal Financial Services Limited (MOFSL) is a Mumbai-based financial services company founded in 1987 by Motilal Oswal and Raamdeo Agrawal. It has grown from a stockbroking firm into a diversified financial institution listed on the BSE and NSE.
The company offers stockbroking, wealth management, institutional broking, mutual funds, portfolio management services, investment banking, and home finance. It serves retail investors, high-net-worth individuals, and institutional clients across India.
Motilal Oswal is known for its research-driven investment services and its “Buy Right, Sit Tight” philosophy, which focuses on long-term value investing. It provides services through an extensive branch network and digital trading platforms.
About INDmoney
INDmoney is an Indian investment and trading platform included in TheShareBrokers broker database. It provides access to listed-market products through its official mobile and/or web platforms. Charges and product availability can vary by segment, account type and selected plan, so users should verify the linked official tariff before making a decision.
Trading Platforms & Tools
- Motilal Oswal offers the RIISE mobile app and web platform for online trading and investing. These platforms provide access to equities, derivatives, commodities, mutual funds, IPOs and other investment products, along with advanced charts, market data, research reports, stock recommendations and portfolio-tracking tools
Products Offered
- Motilal Oswal offers equities, futures and options, commodities, currency derivatives, mutual funds, IPOs, ETFs, US stocks, bonds, NCDs, fixed deposits, insurance, Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs). It also provides margin trading, depository, wealth management and research-based advisory services.
INDmoney platforms
- INDmoney app and web trading platform
INDmoney products
- Indian stocks, F&O, US stocks, mutual funds, ETFs, bonds, deposits and NPS
Motilal Oswal pros and cons
Pros
- Strong research reports and investment recommendations.
- Wide range of trading and investment products.
- Multiple digital platforms and an extensive branch network.
Cons
- Brokerage charges may be higher than discount brokers.
- Pricing plans and additional charges can be complex for beginners.
INDmoney pros and cons
Pros
- Established broker/platform access; integrated INDmoney app and web trading platform; broad access to Indian stocks, F&O, US stocks, mutual funds, ETFs, bonds, deposits and NPS.
Cons
- Charges may vary by plan or promotional period; some segments require separate activation; users should verify the latest tariff and platform availability.
Which broker should you choose?
Choose based on the segment you trade, total account cost, platform requirements, research needs and support preference. Verify the latest tariff and product availability on the brokers’ official websites before opening an account.
Read complete broker reviews
Frequently asked questions
Is Motilal Oswal a trusted stockbroker?
Yes, Motilal Oswal is an established full-service financial services company known for stockbroking, investment products and research-based recommendations.
Is Motilal Oswal registered with SEBI?
Yes, Motilal Oswal Financial Services Limited is a SEBI-registered intermediary and provides regulated broking and investment services in India.
Is Motilal Oswal Demat account opening free?
Yes, Motilal Oswal currently offers Demat and trading account opening at ₹0, with no minimum amount required to open an account.
Does Motilal Oswal charge annual maintenance charges?
Motilal Oswal currently advertises ₹0 AMC and administrative charges for the first year. Charges after the introductory period may depend on the selected account or pricing plan.
What is the Motilal Oswal trading app called?
Motilal Oswal’s main trading and investment platform is called RIISE. It is available as a mobile app and web-based trading platform.
What can I invest in through Motilal Oswal?
Investors can access equities, futures and options, commodities, mutual funds, IPOs, bonds, US stocks, insurance and ready-made investment portfolios through its platforms.
Does the RIISE app provide advanced charts?
Yes, the RIISE app provides free TradingView charts, market data and trading tools for technical analysis and order placement.
Can I do intraday and options trading with Motilal Oswal?
Yes, Motilal Oswal supports intraday, futures and options trading through the RIISE app and web platform.
Can I invest in US stocks through Motilal Oswal?
Yes, eligible investors can access US stocks through the international investing section available in the RIISE app.
Is Motilal Oswal suitable for beginners?
Motilal Oswal can be suitable for beginners who need research reports, investment recommendations, educational resources and access to professional advisory services. However, users should compare its brokerage and account-related charges before opening an account.
Is INDmoney a SEBI-registered stock broker?
INDmoney operates through a regulated broking entity. Check the current SEBI registration and exchange membership shown on the broker’s official regulatory or disclosure page before opening an account.
What are the brokerage charges at INDmoney?
INDmoney brokerage can vary by segment, plan and promotional period. Use the official tariff or pricing page linked in this record and confirm the selected plan during account opening.
Does INDmoney charge Demat AMC?
Demat maintenance charges may depend on the account type, BSDA eligibility, plan or introductory offer. Confirm the current AMC from the official tariff before applying.
Which products are available on INDmoney?
The products field on this page lists the major investment and trading segments available through INDmoney. Availability and activation requirements may vary by user and segment.
Who should consider INDmoney?
INDmoney may suit users whose required products, platform features, support model and total charges match their needs. Compare the verified tariff and platform features with at least one alternative broker.