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Angel One Vs Motilal Oswal Vs Alice Blue: Which one is better?

The brokerage of Angel One ranges between Rs 20, the brokerage of Motilal Oswal ranges between 0.02 to 0.20%, while the brokerage of Alice Blue ranges between Rs 15. The broker Angel One and Alice Blue are discount brokers where Motilal Oswal is a full service broker. Overall rating for Angel One is 4.5, Motilal Oswal is rated 4, Alice Blue is rated 4 out of 5.

Here we present side-by-side comparison of Angel One vs Motilal Oswal vs Alice Blue stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Angel One vs Motilal Oswal vs Alice Blue on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Angel One vs Motilal Oswal vs Alice Blue in this setion with 360 degree view of broker information.

Compare Angel One vs Motilal Oswal vs Alice Blue on Service

  Angel One Compare
Angel One
Motilal Oswal Compare
Motilal Oswal
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview Enjoy full-service broker services at discounted brokerage rates with Angel One offering free delivery trading and charges Rs. 20/order flat brokerage across segments. Angel One is a new-age FinTech platform that provides next-gen technology platform... Know more about Angel One Extensive range of asset classes, award-winning research, personalized advisory services, great customer service, and dedicated MO Trader and MO Investor app are the key reasons that make Motilal Oswal an excellent broker for traders and investors. Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders.
Broker Enquiry Request call back from Zerodha Request call back from Angel One Request call back from Alice Blue
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Account Opening Charges and AMC

Compare Angel One vs Motilal Oswal vs Alice Blue on Trading & Demat Account Opening Charges

In this section we have compared Angel One vs Motilal Oswal vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Angel One charges Rs 240 PA (Waived for 1st year) as AMC for Demat account, Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Angel One vs Motilal Oswal vs Alice Blue
Charges Angel One Motilal Oswal Alice Blue
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 240 PA (Waived for 1st year) Rs 400 per annum [Free for 1st year] Rs 400 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Angel One vs Motilal Oswal vs Alice Blue on Plan Options

Plans are the most important feature you look when compare Angel One vs Motilal Oswal vs Alice Blue. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Alice Blue offers Multiple Plans where Angel One and Motilal Oswal doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Angel One vs Motilal Oswal vs Alice Blue on Plan Options
Plan Types Angel One Motilal Oswal Alice Blue
Multiple Plans No No Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Angel One Alice Blue
Account Opening Request
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Brokerage Charges

Compare Angel One vs Motilal Oswal vs Alice Blueon Brokerage Charges

Angel One Brokerage Plan detail - Angel iTrade Prime - Free delivery trading and Flat Rs 20 for Intraday, F&O, Currency, and Commodity Trading.

Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Brokerage Charges - Compare Angel One vs Motilal Oswal vs Alice Blue
Brokerage Charges Compare Angel One Motilal Oswal Alice Blue
Plan Name Angel iTrade Prime Plan Default Brokerage Plan F15 Plan
Equity Delivery Free 0.20% Free
Equity Intraday 0.03% or Rs 20 whichever is lower 0.02% 0.05% or Rs 15 whichever is lower
Equity Futures Flat Fee Rs 20 0.02% 0.05% or Rs 15 whichever is lower
Equity Options Flat Fee Rs 20 Rs 20 per lot Flat Fee Rs 15
Currency Futures Flat Fee Rs 20 Rs 20 per lot 0.05% or Rs 15 whichever is lower
Currency Options Flat Fee Rs 20 Rs 20 per lot Flat Fee Rs 15
Commodity Trading Flat Fee Rs 20 Futures: 0.02%| Options: Rs 200 Per Lot Flat Fee Rs 15
Minimum Brokerage NA
Hidden Charges Info Not Available No
Call & Trade Charges Rs 20 per order NA Rs 50 per order + GST
Auto Square off Charges Rs 20 per order NA Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for Angel One Brokerage Calculator for Motilal Oswal Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare Angel One vs Motilal Oswal vs Alice Blue on Transaction Charges

Compare Angel One vs Motilal Oswal vs Alice Blue on transaction charges and PCM fee by segment.

Transaction Charges - Compare Angel One vs Motilal Oswal vs Alice Blue
Transaction Charges Compare Angel One Motilal Oswal Alice Blue
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for angel-one Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for alice-blue
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Account Features

Compare Angel One vs Motilal Oswal vs Alice Blue on Account Features

Compare Angel One vs Motilal Oswal vs Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - Angel One and Motilal Oswal offers margin funding where Alice Blue doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - Angel One vs Motilal Oswal vs Alice Blue
Account Features Compare Angel One Motilal Oswal Alice Blue
3 in 1 Account No Angel One have 2-in-1 account. Only Demate and Trading account. No Angel One have 2-in-1 account. Only Demate and Trading account. No Alice Blue have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes No Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15 PM
NRI Trading Yes Yes Yes
Other Features Trading software terminal: ODIN(Angel) diet NIL NIL
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Trading Platform

Compare Angel One vs Motilal Oswal vs Alice Blueon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Angel One vs Motilal Oswal vs Alice Blue. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Angel One vs Motilal Oswal vs Alice Blue
Trading Platform Compare Angel One Motilal Oswal Alice Blue
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.angelone.in/trade/

https://power.motilaloswal.com/MOSL/userMaster/login

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App Angel One Mobile App MO Trader ANT Mobile
Mobile Trading App Demo Angel One Mobile App Demo MO Trader Demo ANT Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Angel One Mobile App Download Andriod MO Trader Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Angel One Mobile App Download iOS MO Trader Download iOS ANT Mobile Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Angel One Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for Angel One Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for Angel One Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for angel-one Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare Angel One vs Motilal Oswal vs Alice Blue on User Rating

  Angel One Motilal Oswal Alice Blue
  74 Customer Reviews    Rate Angel One 57 Customer Reviews    Rate Motilal Oswal 20 Customer Reviews    Rate Alice Blue
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Angel One is Rated 3.3 / 5 based on 74 customer reviews Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews Alice Blue is Rated 0.9 / 5 based on 20 customer reviews
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Investment Offerings

Compare Angel One vs Motilal Oswal vs Alice Blue on Investment Offerings

Compare Angel One vs Motilal Oswal vs Alice Blue on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Angel One and Motilal Oswal offers PMS facility where Alice Blue doesn't offers PMS facility.

Investment Offerings - Compare Angel One vs Motilal Oswal vs Alice Blue
Investment Offerings Compare Angel One Motilal Oswal Alice Blue
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes No No
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking No No No
Insurance No Yes No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment No No No
PMS Service Yes Yes No
Other Investment Options PMS NIL NIL
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Customer Service Offered

Compare Angel One vs Motilal Oswal vs Alice Blue on Customer Service

Compare Angel One vs Motilal Oswal vs Alice Blue on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Angel One vs Motilal Oswal vs Alice Blue
Customer Service Compare Angel One Motilal Oswal Alice Blue
24/7 Customer Service No No No
Email Support Yes Yes No
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches Yes Yes Yes
Customer Care Number 1800 1020 022 40548000/022 67490600 08035215000/080-45490850
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.angelone.in/knowledge-center https://edumo.motilaloswal.com/ https://tradeschool.aliceblueonline.com/
Head Office Address Angel One Limited,
G-1, Ackruti Trade Centre,
Road No. 7, MIDC,
Andheri (E), Mumbai - 400 093.
Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Website https://www.angelone.in/ https://www.motilaloswal.com/ https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare Angel One vs Motilal Oswal vs Alice Blue on Research Reports, Tips

Compare Angel One vs Motilal Oswal vs Alice Blue on research reports and tips provided by broker.

Research Reports - Compare Angel One vs Motilal Oswal vs Alice Blue
  Angel One Motilal Oswal Alice Blue
Research Mutual Funds Yes Yes No
Research Equity Reports Yes Yes No
Research ETF No Yes No
Daily Market Report Yes Yes Yes
Free Tips Yes Yes No
Quarterly Result Analysis Yes Yes No
News Alerts Yes Yes No
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Demat Account

Compare Angel One vs Motilal Oswal vs Alice Blue on Demat Account

Compare Angel One vs Motilal Oswal vs Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Angel One vs Motilal Oswal vs Alice Blue
  Angel One Motilal Oswal Alice Blue
DP Source CDSL CDSL CDSL
DP ID 33200 10900 85300
Demat Account Annual Maintenance Charges(AMC) ₹450 pa ₹400 pa ₹400 pa
Advance Deposit NIL NIL Rs 0
Statutory charges Nil Nil Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) ₹20 + ₹5.50 (CDSL Charges) for every transaction 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.04% of the value of the transaction
Demat ₹50 per certificate ₹50 per certificate + ₹50 courier charges ₹10 per certificate + ₹50 courier charges
Remat ₹50 + CDSL Charges ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹30 per certificate + CDSL charges
Pledge Creation ₹25 per transaction ₹35 ₹20 + CDSL charges
Pledge Creation Confirmation NIL Nil Nil
Pledge Closure ₹25 per transaction ₹35 ₹20 + CDSL charges
Pledge Closure Confirmation NIL Nil Nil
Pledge Invocation NIL ₹35 ₹20 + CDSL charges
Failed Instruction Charges Nil Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Angel One vs Motilal Oswal vs Alice Blue on Special Offers and Promotion

Compare Angel One vs Motilal Oswal vs Alice Blue on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Angel One vs Motilal Oswal vs Alice Blue on Special Offers and Promotion
  Angel One Motilal Oswal Alice Blue
Likes
  • Trade at Max Rs. 20 per order on BSE, NSE, and MCX
  • Lifetime free delivery trading.
  • Pre-IPO Apply feature to subscribe to an IPO before it goes live.
  • Zero Demat AMC charges for 1st year.
  • Get free access to Angel One stock and IPO research.
  • Get smart recommendations with Angel One ARQ
  • User-friendly and technologically advanced trading platforms.
  • Place BO, CO, GTT, and Basket order
  • Free Angel One Smart API to build your own trading platform.
  • Large network of 16,000+ registered authorized partners.
  • Angel One Smart Money learning platform for beginners, traders, and investors.
  • Margin trading facility.
  • No hidden charges.

Detail Review...

There are enormous benefits or advantages of trading with Motilal Oswal. Here are the reasons that make it a good fit for both traders and investors;

  • Choice of asset classes i.e., equities, derivatives, commodities, and currencies.
  • Free Demat and trading account opening.
  • Zero maintenance fee for 1st year.
  • Free mobile app for traders (Trader App) and investors (Investor App).
  • Invest in mutual funds and IPOs for free.
  • Free research reports & recommendations.
  • Safe & secure fund transfer with 39+ banks.
  • Access features; StockSIP, IAP (Algorithm advisory), and improve my portfolio (PR).
  • Margin trading and margin against shares
  • Free call & trade service.
  • EDUMO (free learning platform) for beginners, intermediate, and advanced traders.

Detail Review...

  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

Detail Review...

Dislikes
  • ARQ-Prime engine is a paid platform.
  • It does not offer a 3-in-1 account opening facility.
  • Does not offer unlimited monthly trading plans.

Detail Review...

There are some drawbacks or disadvantages that might discourage you to not opening an account with Motilal Oswal. Here are some important trading cons;

  • High brokerage charges
  • Unlike many full-service brokers like Kotak, ICICI, etc., Motilal Oswal does not have any flat discount brokerage plan.
  • You cannot open a 3-in-1 account, Demat + Trading + Bank A/c.
  • It only provides regular mutual fund schemes.

Detail Review...

  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

Special Offers/Promo Free Trading for One Month (Up to Rs 500 value). Free Account Opening a limited-time offer. Free Demat AMC (Client need to opt for 3,000 Value Pack (prepaid brokerage) or Open the A/c with above 25,000 margin)
Enquire for Angel One Enquire for Motilal Oswal Enquire for Alice Blue

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