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Finvasia Vs Motilal Oswal Vs Fyers: Which one is better?

The brokerage of Finvasia ranges between Rs 0, the brokerage of Motilal Oswal ranges between 0.02 to 0.20%, while the brokerage of Fyers ranges between Rs 20. The broker Finvasia and Fyers are discount brokers where Motilal Oswal is a full service broker. Overall rating for Finvasia is 4, Motilal Oswal is rated 4, Fyers is rated 4 out of 5.

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

Compare Finvasia vs Motilal Oswal vs Fyers on Service

  Finvasia Compare
Finvasia
Motilal Oswal Compare
Motilal Oswal
Fyers Compare
Fyers
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
Broker Overview Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... Know more about Finvasia 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. Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i... Know more about Fyers
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Fyers
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Account Opening Charges and AMC

Compare Finvasia vs Motilal Oswal vs Fyers on Trading & Demat Account Opening Charges

In this section we have compared Finvasia vs Motilal Oswal vs Fyers on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Finvasia charges Free as AMC for Demat account, Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account, where Fyers charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia vs Motilal Oswal vs Fyers
Charges Finvasia Motilal Oswal Fyers
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Free Rs 400 per annum [Free for 1st year] Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Finvasia vs Motilal Oswal vs Fyers on Plan Options

Plans are the most important feature you look when compare Finvasia vs Motilal Oswal vs Fyers. 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 Finvasia vs Motilal Oswal vs Fyers on Plan Options
Plan Types Finvasia Motilal Oswal Fyers
Multiple Plans No No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha Fyers
Account Opening Request
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Brokerage Charges

Compare Finvasia vs Motilal Oswal vs Fyerson Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

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

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare Finvasia vs Motilal Oswal vs Fyers
Brokerage Charges Compare Finvasia Motilal Oswal Fyers
Plan Name Zero Brokerage Trading Plan Default Brokerage Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Rs 0 0.20% Free
Equity Intraday Rs 0 0.02% 0.03% or Rs 20 whichever is lower
Equity Futures Rs 0 0.02% 0.03% or Rs 20 whichever is lower
Equity Options Rs 0 Rs 20 per lot Flat Fee Rs 20
Currency Futures Rs 0 Rs 20 per lot 0.03% or Rs 20 whichever is lower
Currency Options Rs 0 Rs 20 per lot Flat Fee Rs 20
Commodity Trading Rs 0 Futures: 0.02%| Options: Rs 200 Per Lot Flat Fee Rs 20
Minimum Brokerage NA
Hidden Charges No No
Call & Trade Charges Free NA Rs 50 Per Order
Auto Square off Charges Free NA Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for Motilal Oswal Brokerage Calculator for Fyers
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Share Broker's Transaction Charges

Compare Finvasia vs Motilal Oswal vs Fyers on Transaction Charges

Compare Finvasia vs Motilal Oswal vs Fyers on transaction charges and PCM fee by segment.

Transaction Charges - Compare Finvasia vs Motilal Oswal vs Fyers
Transaction Charges Compare Finvasia Motilal Oswal Fyers
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 NA
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for fyers
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Account Features

Compare Finvasia vs Motilal Oswal vs Fyers on Account Features

Compare Finvasia vs Motilal Oswal vs Fyers 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 - Motilal Oswal offers margin funding where Finvasia and Fyers doesn't offers margin funding. NRI Trading - Finvasia and Motilal Oswal offers NRI Trading where Fyers doesn't offers NRI Trading.

Account Features - Finvasia vs Motilal Oswal vs Fyers
Account Features Compare Finvasia Motilal Oswal Fyers
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. No Finvasia have 2-in-1 account. Only Demate and Trading account. No Fyers have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes No Yes
SMS Alerts No Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available No Yes No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM 3:15 PM
NRI Trading Yes Yes No
Other Features NIL NIL Fyers 30 Day Challenge
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Trading Platform

Compare Finvasia vs Motilal Oswal vs Fyerson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs Motilal Oswal vs Fyers. 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 Finvasia vs Motilal Oswal vs Fyers
Trading Platform Compare Finvasia Motilal Oswal Fyers
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://trade.finvasia.com/

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

Fyers Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App SCALPERT MO Trader Fyers 2.0 Mobile App
Mobile Trading App Demo SCALPERT Demo MO Trader Demo Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod SCALPERT Download Andriod MO Trader Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download Info Not Available iOS MO Trader Download iOS Fyers 2.0 Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No Yes Yes
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare Finvasia vs Motilal Oswal vs Fyers on User Rating

  Finvasia Motilal Oswal Fyers
  17 Customer Reviews    Rate Finvasia 57 Customer Reviews    Rate Motilal Oswal 11 Customer Reviews    Rate Fyers
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Finvasia is Rated 4.2 / 5 based on 17 customer reviews Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews Fyers is Rated 3.2 / 5 based on 11 customer reviews
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Investment Offerings

Compare Finvasia vs Motilal Oswal vs Fyers on Investment Offerings

Compare Finvasia vs Motilal Oswal vs Fyers 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) - Motilal Oswal offers PMS facility where Finvasia and Fyers doesn't offers PMS facility.

Investment Offerings - Compare Finvasia vs Motilal Oswal vs Fyers
Investment Offerings Compare Finvasia Motilal Oswal Fyers
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes No Yes
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 No Yes No
Other Investment Options NIL NIL NIL
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Customer Service Offered

Compare Finvasia vs Motilal Oswal vs Fyers on Customer Service

Compare Finvasia vs Motilal Oswal vs Fyers 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 Finvasia vs Motilal Oswal vs Fyers
Customer Service Compare Finvasia Motilal Oswal Fyers
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No No
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches No Yes No
Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 022 40548000/022 67490600 08060001111
Account Opening Process Online/Paperless Online/Paperless 100% online and paperless proc
Customer Support Email [email protected]/[email protected] [email protected] [email protected]
Knowledge Center/Education https://finvasia.com/announcements https://edumo.motilaloswal.com/ https://fyers.in/school-of-stocks/
Head Office Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website https://www.finvasia.com/ https://www.motilaloswal.com/ https://fyers.in/
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Tips/Research/Reports Published

Compare Finvasia vs Motilal Oswal vs Fyers on Research Reports, Tips

Compare Finvasia vs Motilal Oswal vs Fyers on research reports and tips provided by broker.

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

Compare Finvasia vs Motilal Oswal vs Fyers on Demat Account

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

Demat Charges - Compare Finvasia vs Motilal Oswal vs Fyers
  Finvasia Motilal Oswal Fyers
DP Source CDSL CDSL CDSL
DP ID 84300 10900 89400
Demat Account Annual Maintenance Charges(AMC) Free ₹400 pa Free
Advance Deposit Rs 0 NIL Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹15 per certificate ₹50 per certificate + ₹50 courier charges ₹0
Remat ₹15 for every hundred securities + CDSL Charges ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹0
Pledge Creation ₹25 per transaction ₹35 Nil
Pledge Creation Confirmation NIL Nil Nil
Pledge Closure ₹25 per transaction ₹35 Nil
Pledge Closure Confirmation NIL Nil Nil
Pledge Invocation ₹19 per transaction ₹35 Nil
Failed Instruction Charges ₹49 Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Finvasia vs Motilal Oswal vs Fyers on Special Offers and Promotion

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

Compare Finvasia vs Motilal Oswal vs Fyers on Special Offers and Promotion
  Finvasia Motilal Oswal Fyers
Likes

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP 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 BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

Detail Review...

Dislikes

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

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 unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading. 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 Finvasia Enquire for Motilal Oswal Enquire for Fyers

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