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Geojit Vs Motilal Oswal Vs ProStocks: Which one is better?

The brokerage of Geojit ranges between .03 to .3%, the brokerage of Motilal Oswal ranges between 0.02 to 0.20%, while the brokerage of ProStocks ranges between Rs 15. The broker Geojit and Motilal Oswal are full service brokers where ProStocks is a discount broker. Overall rating for Geojit is 4, Motilal Oswal is rated 4, ProStocks is rated 4 out of 5.

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

Compare Geojit vs Motilal Oswal vs ProStocks on Service

  Geojit Compare
Geojit
Motilal Oswal Compare
Motilal Oswal
ProStocks Compare
ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX NSE, BSE
Broker Overview Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce... Know more about Geojit 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. Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an... Know more about ProStocks
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from ProStocks
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Account Opening Charges and AMC

Compare Geojit vs Motilal Oswal vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared Geojit vs Motilal Oswal vs ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Geojit charges Rs 700 PA as AMC for Demat account, Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Geojit vs Motilal Oswal vs ProStocks
Charges Geojit Motilal Oswal ProStocks
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 700 PA Rs 400 per annum [Free for 1st year] Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Geojit vs Motilal Oswal vs ProStocks on Plan Options

Plans are the most important feature you look when compare Geojit vs Motilal Oswal vs ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks offers Multiple Plans where Geojit and Motilal Oswal doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where Geojit and Motilal Oswal doesn't offer.

Compare Geojit vs Motilal Oswal vs ProStocks on Plan Options
Plan Types Geojit Motilal Oswal ProStocks
Multiple Plans No No Yes
Monthly Plans No No Yes
Yearly Plans No No Yes
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Account Opening Request

Account Opening

  Zerodha Zerodha ProStocks
Account Opening Request
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Brokerage Charges

Compare Geojit vs Motilal Oswal vs ProStockson Brokerage Charges

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

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

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

Brokerage Charges - Compare Geojit vs Motilal Oswal vs ProStocks
Brokerage Charges Compare Geojit Motilal Oswal ProStocks
Plan Name Online Trading Plan (Percentage Based) Default Brokerage Plan Flat Fee Rs 15 Trading Plan
Equity Delivery 0.30% or 30 paisa 0.20% Free
Equity Intraday 0.03% or 3 paisa 0.02% Flat Fee Rs 15
Equity Futures 0.01% 0.02% Flat Fee Rs 15
Equity Options Rs 50 Per Lot Rs 20 per lot Flat Fee Rs 15
Currency Futures 0.03% or 3 paisa Rs 20 per lot Flat Fee Rs 15
Currency Options Rs 50 Per Lot Rs 20 per lot Flat Fee Rs 15
Commodity Trading 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Futures: 0.02%| Options: Rs 200 Per Lot NA
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher NA
Hidden Charges Info Not Available No
Call & Trade Charges Free NA Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges Free NA Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Geojit Brokerage Calculator for Motilal Oswal Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare Geojit vs Motilal Oswal vs ProStocks on Transaction Charges

Compare Geojit vs Motilal Oswal vs ProStocks on transaction charges and PCM fee by segment.

Transaction Charges - Compare Geojit vs Motilal Oswal vs ProStocks
Transaction Charges Compare Geojit Motilal Oswal ProStocks
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 geojit Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for prostocks
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Account Features

Compare Geojit vs Motilal Oswal vs ProStocks on Account Features

Compare Geojit vs Motilal Oswal vs ProStocks 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 - Geojit and Motilal Oswal offers margin funding where ProStocks doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

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

Compare Geojit vs Motilal Oswal vs ProStockson Trading Platform

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

https://selfie.geojit.net/

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

https://www.prostocksweb.com/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App SELFIE Geojit MO Trader Star ProStocks
Mobile Trading App Demo SELFIE Geojit Demo MO Trader Demo Star ProStocks Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod SELFIE Geojit Download Andriod MO Trader Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download iOS SELFIE Geojit Download iOS MO Trader Download iOS Star ProStocks Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Geojit Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for geojit Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare Geojit vs Motilal Oswal vs ProStocks on User Rating

  Geojit Motilal Oswal ProStocks
  79 Customer Reviews    Rate Geojit 57 Customer Reviews    Rate Motilal Oswal 20 Customer Reviews    Rate ProStocks
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Geojit is Rated 3.7 / 5 based on 79 customer reviews Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews ProStocks is Rated 0.9 / 5 based on 20 customer reviews
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Investment Offerings

Compare Geojit vs Motilal Oswal vs ProStocks on Investment Offerings

Compare Geojit vs Motilal Oswal vs ProStocks 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 - Geojit and Motilal Oswal offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Geojit and Motilal Oswal offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Geojit and Motilal Oswal offers PMS facility where ProStocks doesn't offers PMS facility.

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

Compare Geojit vs Motilal Oswal vs ProStocks on Customer Service

Compare Geojit vs Motilal Oswal vs ProStocks 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 Geojit vs Motilal Oswal vs ProStocks
Customer Service Compare Geojit Motilal Oswal ProStocks
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No No
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes Yes No
Customer Care Number 1800-425-5501/1800-103-5501/91-484-2405822 022 40548000/022 67490600 +91-2262-434343
Account Opening Process Offline Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://insights.geojit.com/ https://edumo.motilaloswal.com/ https://www.prostocks.com/faq.html
Head Office Address Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website https://www.geojit.com/ https://www.motilaloswal.com/ https://www.prostocks.com
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Tips/Research/Reports Published

Compare Geojit vs Motilal Oswal vs ProStocks on Research Reports, Tips

Compare Geojit vs Motilal Oswal vs ProStocks on research reports and tips provided by broker.

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

Compare Geojit vs Motilal Oswal vs ProStocks on Demat Account

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

Demat Charges - Compare Geojit vs Motilal Oswal vs ProStocks
  Geojit Motilal Oswal ProStocks
DP Source CDSL CDSL CDSL
DP ID 48900 10900 83200
Demat Account Annual Maintenance Charges(AMC) ₹600 pa ₹400 pa Free (₹1000 Refundable Deposit)
Advance Deposit NIL NIL 1000/- Refundable Deposit against charges
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Max ₹40) + CDSL charges 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹20 per ISIN
Demat ₹100 per demat request max 5 + ₹20 each additional certificate ₹50 per certificate + ₹50 courier charges ₹50 per set up + ₹50 courier charges
Remat ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹50 per set up + ₹50 courier charges
Pledge Creation ₹50 per transaction ₹35 ₹50
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure Nil ₹35 ₹50
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation ₹50 per transaction ₹35 ₹50
Failed Instruction Charges Nil Nil ₹50 per transaction
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Geojit vs Motilal Oswal vs ProStocks on Special Offers and Promotion

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

Compare Geojit vs Motilal Oswal vs ProStocks on Special Offers and Promotion
  Geojit Motilal Oswal ProStocks
Likes
  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

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...

  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

Detail Review...

Dislikes
  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

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...

  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

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) ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
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