Motilal Oswal Vs Upstox Vs Espresso Sharekhan: Which one is better?

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

Here we present side-by-side comparison of Motilal Oswal vs Upstox vs Espresso Sharekhan stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Motilal Oswal vs Upstox vs Espresso Sharekhan 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 Motilal Oswal vs Upstox vs Espresso Sharekhan in this setion with 360 degree view of broker information.

Compare 2 Brokers

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on Service

	Motilal Oswal	Upstox	Espresso Sharekhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Discount Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	NSE, BSE, MCX	BSE, NSE, MCX
Broker Overview	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.	Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.	Espresso, a part of Sharekhan offers the lowest brokerage online trading services at Rs. 20 flat brokerages on profitable intraday trades, and no brokerage on delivery and loss-making trades on the Beta-tested app and desktop trading platforms.
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Account Opening Charges and AMC

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on Trading & Demat Account Opening Charges

In this section we have compared Motilal Oswal vs Upstox vs Espresso Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - Motilal Oswal charges Free for account opening, Upstox charges Promotion offer: Free for account opeing, and Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opeing. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] as AMC for Demat account, Upstox charges Free AMC for Demat account, where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal vs Upstox vs Espresso Sharekhan
Charges	Motilal Oswal	Upstox	Espresso Sharekhan
Trading Account Opening Fees	Free	Promotion offer: Free	Rs. 354 (Free for limited time)
Trading AMC	Free	Free	Free
Demat Account Opening Fees	Free	Free	Free
Demat AMC	Rs 400 per annum [Free for 1st year]	Free	Rs. 400 PA
Provide DP Service

About Brokerage Plans

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on Plan Options

Plans are the most important feature you look when compare Motilal Oswal vs Upstox vs Espresso Sharekhan. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on Plan Options
Plan Types	Motilal Oswal	Upstox	Espresso Sharekhan
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	Zerodha	Espresso Sharekhan	Upstox
Account Opening Request	Open Zerodha Account Now>>	Open Espresso Sharekhan Account Now>>	Open Upstox Account Now>>

Brokerage Charges

Compare Motilal Oswal vs Upstox vs Espresso Sharekhanon Brokerage Charges

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

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

Espresso Sharekhan Brokerage Plan detail - Pay only when you profit is a flat brokerage plan that offers free delivery trading and charges Max Rs. 20 per order brokerage on equity intraday, F&O, commodity, and currency only in case of profit. There will be NIL brokerage fee in case of loss.

Brokerage Charges - Compare Motilal Oswal vs Upstox vs Espresso Sharekhan
Brokerage Charges Compare	Motilal Oswal	Upstox	Espresso Sharekhan
Plan Name	Default Brokerage Plan	Max Rs 20 Per Order Trading Plan	Pay Only When You Profit
Equity Delivery	0.20%	2.5% or Rs 20 whichever is lower	Free
Equity Intraday	0.02%	0.05% or Rs 20 whichever is lower	0.03% or Rs 20 whichever is lower
Equity Futures	0.02%	0.05% or Rs 20 whichever is lower	0.03% or Rs 20 whichever is lower
Equity Options	Rs 20 per lot	Flat Fee Rs 20	Flat Fee Rs 20
Currency Futures	Rs 20 per lot	0.05% or Rs 20 whichever is lower	0.03% or Rs 20 whichever is lower
Currency Options	Rs 20 per lot	Flat Fee Rs 20	Flat Fee Rs 20
Commodity Trading	Futures: 0.02%\| Options: Rs 200 Per Lot	Flat Fee Rs 20	0.03% or Rs 20 whichever is lower
Minimum Brokerage			NIL
Hidden Charges	No	Info Not Available
Call & Trade Charges	NA	Rs 50 + 18% GST	Rs. 50 + GST per order placed through dealing desk
Auto Square off Charges	NA	Rs 50 + 18% GST	Rs. 50 + GST per order placed through dealing desk
Brokerage Calculator	Brokerage Calculator for Motilal Oswal	Brokerage Calculator for Upstox	Brokerage Calculator for Espresso Sharekhan

Share Broker's Transaction Charges

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on Transaction Charges

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on transaction charges and PCM fee by segment.

Transaction Charges - Compare Motilal Oswal vs Upstox vs Espresso Sharekhan
Transaction Charges Compare	Motilal Oswal	Upstox	Espresso Sharekhan
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 360 Per Cr \| Agri: Rs 275 Per Cr	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr
Brokerage Charges	Complete Brokerage Plans for motilal-oswal	Complete Brokerage Plans for upstox	Complete Brokerage Plans for espresso-sharekhan

Account Features

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on Account Features

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 Account where Motilal Oswal and Espresso Sharekhan offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - Motilal Oswal offers NRI Trading where Upstox and Espresso Sharekhan doesn't offers NRI Trading.

Account Features - Motilal Oswal vs Upstox vs Espresso Sharekhan
Account Features Compare	Motilal Oswal	Upstox	Espresso Sharekhan
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:15PM	3:15 PM
NRI Trading
Other Features	NIL	NIL	NIL

Trading Platform

Compare Motilal Oswal vs Upstox vs Espresso Sharekhanon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal vs Upstox vs Espresso Sharekhan. 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 Motilal Oswal vs Upstox vs Espresso Sharekhan
Trading Platform Compare	Motilal Oswal	Upstox	Espresso Sharekhan
Web Trading Platform
Web Trading Detail	https://power.motilaloswal.com/MOSL/userMaster/login	https://pro.upstox.com/	https://trade.myespresso.com/trading/login
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Trading
Mobile Trading App	MO Trader	Upstox	Espresso Mobile App
Mobile Trading App Demo	MO Trader Demo	Upstox Demo	Espresso Mobile App Demo
Android Mobile App
Android App Download	Andriod MO Trader Download	Andriod Upstox Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS MO Trader Download	iOS Upstox Download	iOS Espresso Mobile App Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal	Equity Intraday and Delivery Brokerage Calculator for Upstox	Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan
Futures Brokerage Calculator	Futures Brokerage Calculator for Motilal Oswal	Futures Brokerage Calculator for Upstox	Futures Brokerage Calculator for Espresso Sharekhan
Options Brokerage Calculator	Options Brokerage Calculator for Motilal Oswal	Options Brokerage Calculator for Upstox	Options Brokerage Calculator for Espresso Sharekhan
Detail	Detail on Trading Platforms for motilal-oswal	Detail on Trading Platforms for upstox	Detail on Trading Platforms for espresso-sharekhan

Broker Ratings by Users

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on User Rating

	Motilal Oswal	Upstox	Espresso Sharekhan
	57 Customer Reviews	12 Customer Reviews	20 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews	Upstox is Rated 3.7 / 5 based on 12 customer reviews	Espresso Sharekhan is Rated 0.1 / 5 based on 20 customer reviews

Investment Offerings

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on Investment Offerings

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan 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 - Motilal Oswal and Upstox offers online mutual fund investment where Espresso Sharekhan doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Motilal Oswal offers PMS facility where Upstox and Espresso Sharekhan doesn't offers PMS facility.

Investment Offerings - Compare Motilal Oswal vs Upstox vs Espresso Sharekhan
Investment Offerings Compare	Motilal Oswal	Upstox	Espresso Sharekhan
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL	SGB, Buyback, IPO

Customer Service Offered

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on Customer Service

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan 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 Motilal Oswal vs Upstox vs Espresso Sharekhan
Customer Service Compare	Motilal Oswal	Upstox	Espresso Sharekhan
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022 40548000/022 67490600	+91 22 6130 9999	022 6767 0700
Account Opening Process	Online/Paperless	Online/Paperless	100% online/paperless
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://edumo.motilaloswal.com/	https://upstox.com/help-center/	https://www.myespresso.com/the-espresso-blog
Head Office Address	Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025	Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013	Sharekhan Comtrade Private Limited Lodha iThink Techno Campus, 10th Floor, Beta Building, Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai - 400 042, Maharashtra.
Website	https://www.motilaloswal.com/	https://upstox.com/	https://www.myespresso.com/

Tips/Research/Reports Published

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on Research Reports, Tips

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on research reports and tips provided by broker.

Research Reports - Compare Motilal Oswal vs Upstox vs Espresso Sharekhan
	Motilal Oswal	Upstox	Espresso Sharekhan
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on Demat Account

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Motilal Oswal vs Upstox vs Espresso Sharekhan
	Motilal Oswal	Upstox	Espresso Sharekhan
DP Source	CDSL	CDSL	CDSL
DP ID	10900	81800	36000
Demat Account Annual Maintenance Charges(AMC)	₹400 pa	₹300 PA	₹400 pa
Advance Deposit	NIL	NIL	Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
Statutory charges	Nil	Nil	Actual Stamp Paper Charges
Transaction Charges on Debit (Per ISIN)	0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)	₹13 + ₹5.50 CDSL charges	0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat	₹50 per certificate + ₹50 courier charges	₹20 + ₹50 courier charges	₹5 per certificate (Min 50 per request)
Remat	₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges	₹100 for every hundred securities or ₹25 per certificate (whichever is higher)	₹50 per certificate or ₹50 for every hundred securities
Pledge Creation	₹35	0.02% of the transaction value (Min ₹50) + CDSL charges	0.03% (Min ₹100)
Pledge Creation Confirmation	Nil	0.02% of the transaction value (Min ₹50) + CDSL charges	NIL
Pledge Closure	₹35	0.02% of the transaction value (Min ₹50) + CDSL charges	NIL
Pledge Closure Confirmation	Nil	0.02% of the transaction value (Min ₹50) + CDSL charges	NIL
Pledge Invocation	₹35	0.05% of the transaction value (Min ₹50)	NIL
Failed Instruction Charges	Nil	₹50	Nil
Other Charges

Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on Special Offers and Promotion

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Motilal Oswal vs Upstox vs Espresso Sharekhan on Special Offers and Promotion
	Motilal Oswal	Upstox	Espresso Sharekhan
Likes	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...	Before you open an Upstox account, check out the advantages on why to trade with Upstox. No account opening charges and Zero Demat maintenance charge. Cheapest flat brokerage of Rs 20 per order Best platforms for traders and investors Invest in mutual funds and IPOs for free. Invest across global companies in 25+ countries. Advanced orders like bracket order, cover order, AMO, and GTT order. Advanced Pro web and mobile app-based trading platforms. TradingView charts, multiple technical indicators, and drawing tools Margin Trading Facility and margin against shares Free API access UpLearn free learning platform Detail Review...	No brokerage on losses. Pay Max Rs. 20 per order brokerage charges across segments. Zero brokerage on cash N carry (CNC) orders (delivery). Zero Demat AMC charges for 1^st Year Hassle-free fund transfer via UPI and net banking. Apply for buyback, NFO, and OFS at Rs. 20 per order + GST. Pre-IPO apply feature to apply for IPO. Free mobile app and Binge trading software for active traders. Integrated watchlists, free scanners, quick order placement, and split order functionality. Zero payment gateway charges on Axis, HDFC, ICICI, IDBI, IndusInd, and Kotak Mahindra Bank. EspressoLogy and Learning center to learn about the stock market. Place bracket order (BO) and after-market order. Free GTD (Good Till Date) order Margin trading facility. No hidden charges. Detail Review...
Dislikes	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...	There are some setbacks or disadvantages also while trading with Upstox; Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading. Upstox does not have unlimited monthly trading plan. It does not provide stock trading tips and recommendations. Does not offer NRI trading. 24/7 customer service is not available. Detail Review...	Espresso Sharekhan does not offer mutual funds. You cannot open an integrated 3-in-1 account. It *does not provide 247 customer support. NRI cannot open an account with Espresso Sharekhan. Espresso Sharekhan Trade Booster is 7-day paid stock market learning platform.** Detail Review...
Special Offers/Promo	Free Demat AMC (Client need to opt for 3,000 Value Pack (prepaid brokerage) or Open the A/c with above 25,000 margin)	Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
	Enquire for Motilal Oswal	Enquire for Upstox	Enquire for Espresso Sharekhan

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Transaction Charges Compare	Motilal Oswal	Upstox	Espresso Sharekhan
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 360 Per Cr \| Agri: Rs 275 Per Cr	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr
Brokerage Charges	Complete Brokerage Plans for motilal-oswal	Complete Brokerage Plans for upstox	Complete Brokerage Plans for espresso-sharekhan