HDFC Sky Vs Motilal Oswal Vs SAMCO: Which one is better?

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

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

Compare 2 Brokers

Compare HDFC Sky vs Motilal Oswal vs SAMCO on Service

	HDFC Sky	Motilal Oswal	SAMCO
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Full Service Broker	Discount Broker
Exchanges Supported	NSE, BSE, MCX	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Broker Overview	HDFC Sky is the only bank-based discount stock broker in India. Free demat and trading account opening, Rs 20/order maximum brokerage charges across all segments, simple yet elegant user interface enabled HDFC Sky mobile app, and free research & advi...	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/order ultra-low brokerage, Giga trading engine powered new-gen mobile App, Nest Trader Terminal, and unique leverage products make SAMCO one of the best discount brokers for traders. Also, get stock and mutual fund research on StockBasket and ...
Broker Enquiry

Account Opening Charges and AMC

Compare HDFC Sky vs Motilal Oswal vs SAMCO on Trading & Demat Account Opening Charges

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

Trading & Demat Account Opening Charges - Compare HDFC Sky vs Motilal Oswal vs SAMCO
Charges	HDFC Sky	Motilal Oswal	SAMCO
Trading Account Opening Fees	Free	Free	Free
Trading AMC	Free	Free	Free
Demat Account Opening Fees	Free	Free	Free
Demat AMC	Rs 240 PA (Free for 1st year)	Rs 400 per annum [Free for 1st year]	Rs 400 PA (Free for 1st year)
Provide DP Service

About Brokerage Plans

Compare HDFC Sky vs Motilal Oswal vs SAMCO on Plan Options

Plans are the most important feature you look when compare HDFC Sky vs Motilal Oswal vs SAMCO. 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 HDFC Sky vs Motilal Oswal vs SAMCO on Plan Options
Plan Types	HDFC Sky	Motilal Oswal	SAMCO
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	Zerodha	Zerodha	SAMCO
Account Opening Request	Open Zerodha Account Now>>	Open Zerodha Account Now>>	Open SAMCO Account Now>>

Brokerage Charges

Compare HDFC Sky vs Motilal Oswal vs SAMCOon Brokerage Charges

HDFC Sky Brokerage Plan detail - HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.

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

SAMCO Brokerage Plan detail - Trade in any segment in just Rs 20 per executable order, No size restriction,No Hidden charges.

Brokerage Charges - Compare HDFC Sky vs Motilal Oswal vs SAMCO
Brokerage Charges Compare	HDFC Sky	Motilal Oswal	SAMCO
Plan Name	Fixed pricing model	Default Brokerage Plan	Max Rs 20 Per Order Trading Plan
Equity Delivery	0.1% or Rs 20 whichever is lower	0.20%	0.5% or Rs 20 whichever is lower
Equity Intraday	0.1% or Rs 20 whichever is lower	0.02%	0.05% or Rs 20 whichever is lower
Equity Futures	0.1% or Rs 20 whichever is lower	0.02%	Flat Fee Rs 20
Equity Options	Flat Fee Rs 20	Rs 20 per lot	Flat Fee Rs 20
Currency Futures	0.1% or Rs 20 whichever is lower	Rs 20 per lot	0.05% or Rs 20 whichever is lower
Currency Options	Flat Fee Rs 20	Rs 20 per lot	0.05% or Rs 20 whichever is lower
Commodity Trading	Flat Fee Rs 20	Futures: 0.02%\| Options: Rs 200 Per Lot	0.05% or Rs 20 whichever is lower
Minimum Brokerage
Hidden Charges	No	No
Call & Trade Charges	Rs 20 per call	NA	Rs 20 per Executed order, with First 20 C&T are free
Auto Square off Charges	0.1% or Rs 20 whichever is lower	NA	Rs 20 per Executed order, with First 20 C&T are free
Brokerage Calculator	Brokerage Calculator for HDFC Sky	Brokerage Calculator for Motilal Oswal	Brokerage Calculator for SAMCO

Share Broker's Transaction Charges

Compare HDFC Sky vs Motilal Oswal vs SAMCO on Transaction Charges

Compare HDFC Sky vs Motilal Oswal vs SAMCO on transaction charges and PCM fee by segment.

Transaction Charges - Compare HDFC Sky vs Motilal Oswal vs SAMCO
Transaction Charges Compare	HDFC Sky	Motilal Oswal	SAMCO
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	NA	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 hdfc-sky	Complete Brokerage Plans for motilal-oswal	Complete Brokerage Plans for samco

Account Features

Compare HDFC Sky vs Motilal Oswal vs SAMCO on Account Features

Compare HDFC Sky vs Motilal Oswal vs SAMCO on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky offers 3-in-1 Account where Motilal Oswal and SAMCO 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 - All 3 brokers offers NRI Trading.

Account Features - HDFC Sky vs Motilal Oswal vs SAMCO
Account Features Compare	HDFC Sky	Motilal Oswal	SAMCO
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	3:15PM
NRI Trading
Other Features	NIL	NIL	NIL

Trading Platform

Compare HDFC Sky vs Motilal Oswal vs SAMCOon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky vs Motilal Oswal vs SAMCO. 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 HDFC Sky vs Motilal Oswal vs SAMCO
Trading Platform Compare	HDFC Sky	Motilal Oswal	SAMCO
Web Trading Platform
Web Trading Detail	https://hdfcsky.com/	https://power.motilaloswal.com/MOSL/userMaster/login	https://trade.samco.in/Samruddi/Login/indexauth.jsp
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Trading
Mobile Trading App	HDFC Sky App	MO Trader	StockNote
Mobile Trading App Demo	HDFC Sky App Demo	MO Trader Demo	StockNote Demo
Android Mobile App
Android App Download	Andriod HDFC Sky App Download	Andriod MO Trader Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS HDFC Sky App Download	iOS MO Trader Download	iOS StockNote Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for HDFC Sky	Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal	Equity Intraday and Delivery Brokerage Calculator for SAMCO
Futures Brokerage Calculator	Futures Brokerage Calculator for HDFC Sky	Futures Brokerage Calculator for Motilal Oswal	Futures Brokerage Calculator for SAMCO
Options Brokerage Calculator	Options Brokerage Calculator for HDFC Sky	Options Brokerage Calculator for Motilal Oswal	Options Brokerage Calculator for SAMCO
Detail	Detail on Trading Platforms for hdfc-sky	Detail on Trading Platforms for motilal-oswal	Detail on Trading Platforms for samco

Broker Ratings by Users

Compare HDFC Sky vs Motilal Oswal vs SAMCO on User Rating

	HDFC Sky	Motilal Oswal	SAMCO
	97 Customer Reviews	57 Customer Reviews	32 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews	Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews	SAMCO is Rated 4.1 / 5 based on 32 customer reviews

Investment Offerings

Compare HDFC Sky vs Motilal Oswal vs SAMCO on Investment Offerings

Compare HDFC Sky vs Motilal Oswal vs SAMCO 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 HDFC Sky and SAMCO doesn't offers PMS facility.

Investment Offerings - Compare HDFC Sky vs Motilal Oswal vs SAMCO
Investment Offerings Compare	Motilal Oswal	SAMCO
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

Customer Service Offered

Compare HDFC Sky vs Motilal Oswal vs SAMCO on Customer Service

Compare HDFC Sky vs Motilal Oswal vs SAMCO 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 HDFC Sky vs Motilal Oswal vs SAMCO
Customer Service Compare	HDFC Sky	Motilal Oswal	SAMCO
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	1800 121 2109	022 40548000/022 67490600	022-2222-7777/022-4503-0450
Account Opening Process	Online	Online/Paperless	Online/Paperless
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://hdfcsky.com/learn	https://edumo.motilaloswal.com/	https://www.samco.in/knowledge-center/
Head Office Address	LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA, 8 FLR, NEAR KANJURMARG RLYSTN, KANJURMARG, MUMBAI-MH-400042	Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025	SAMCO Securities Limited 1004 - A, 10th Floor, Naman Midtown - A Wing, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013, Maharashtra, India.
Website	https://hdfcsky.com/	https://www.motilaloswal.com/	https://www.samco.in/

Tips/Research/Reports Published

Compare HDFC Sky vs Motilal Oswal vs SAMCO on Research Reports, Tips

Compare HDFC Sky vs Motilal Oswal vs SAMCO on research reports and tips provided by broker.

Research Reports - Compare HDFC Sky vs Motilal Oswal vs SAMCO
	HDFC Sky	Motilal Oswal	SAMCO
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare HDFC Sky vs Motilal Oswal vs SAMCO on Demat Account

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

Demat Charges - Compare HDFC Sky vs Motilal Oswal vs SAMCO
	HDFC Sky	Motilal Oswal	SAMCO
DP Source	CDSL	CDSL	CDSL
DP ID	12400	10900	54200
Demat Account Annual Maintenance Charges(AMC)	₹750 pa	₹400 pa	₹400 pa
Advance Deposit	Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/-	NIL	NIL
Statutory charges	Nil	Nil	Stamp Charges
Transaction Charges on Debit (Per ISIN)	0.04% (Min ₹20) + CDSL charges	0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)	₹10
Demat	₹5 per certificate + ₹35 request charges	₹50 per certificate + ₹50 courier charges	₹10 per certificate + ₹50 courier charges
Remat	₹30	₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges	CDSL charges + ₹50 courier charges
Pledge Creation	Nil	₹35	₹25 per transaction
Pledge Creation Confirmation	0.04% of transaction value (Min ₹40)	Nil	Nil
Pledge Closure	Nil	₹35	₹25 per transaction
Pledge Closure Confirmation	0.04% of transaction value (Min ₹40)	Nil	Nil
Pledge Invocation	0.04% of transaction value (Min ₹40)	₹35	₹25 per transaction
Failed Instruction Charges	Nil	Nil	Nil
Other Charges

Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs Motilal Oswal vs SAMCO on Special Offers and Promotion

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

Compare HDFC Sky vs Motilal Oswal vs SAMCO on Special Offers and Promotion
	HDFC Sky	Motilal Oswal	SAMCO
Likes	Want to know why to trade with HDFC Sky, here are the promising reasons; Instant paperless account opening Zero account opening charges and no maintenance fee for 1^st year Invest in equity, F&O, currencies, and commodities Invest in 2000+ mutual funds from 29+ fund houses Lowest brokerage fee of Rs 20/order Zero commission mutual fund investment. Invest in expert-recommended mutual fund schemes. Global market investment in US stocks and ETFs Stacks: Expert-curated basket of US Stocks and ETFs Trade on HDFC Sky app or web as per your convenience Place advance orders like basket orders, bracket order, cover order, and GTT order. Free research reports and daily trading calls or tips. Learning platform for newbies to experts No minimum balance commitments 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 and invest with SAMCO at flat Rs. 20/order brokerage. Giga trading engine powered new-gen mobile app and trading tools. Zero brokerage mutual fund investment. Get upto 4x leverage/margin in the equity cash segment. Get margin against your holdings on StockPlus. SAMCO offers BTPT (Buy Today, Pay Tomorrow) facility. Equity SIP: Set up a stock SIP on the Stock Note App. Place advanced orders like bracket order, cover order, and after market order. Place a GTT order on Stock Note app with lifetime validity. Get 100% brokerage cashback for the 1^st Free stock market learning course for beginners. Very low payment gateway charges of just Rs. 6 + GST. Zero hidden charges. Detail Review...
Dislikes	Delivery trading is not free while Zerodha offers free delivery trading Desktop trading software is not available Direct mutual funds are not offered. 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...	SAMCO does not provide direct mutual funds. You cannot open a 3-in-1 account with SAMCO. NRI cannot open SAMCO NRI Demat & Trading Account. Delivery trading in SAMCO is not free. No monthly trading plans. High Demat maintenance charges of Rs. 400 per year. 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)
	Enquire for HDFC Sky	Enquire for Motilal Oswal	Enquire for SAMCO

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Transaction Charges Compare	HDFC Sky	Motilal Oswal	SAMCO
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	NA	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 hdfc-sky	Complete Brokerage Plans for motilal-oswal	Complete Brokerage Plans for samco