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Motilal Oswal Vs SAMCO Vs Zerodha: Which one is better?

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

Here we present side-by-side comparison of Motilal Oswal vs SAMCO vs Zerodha 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 SAMCO vs Zerodha 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 SAMCO vs Zerodha in this setion with 360 degree view of broker information.

Compare Motilal Oswal vs SAMCO vs Zerodha on Service

  Motilal Oswal Compare
Motilal Oswal
SAMCO Compare
SAMCO
Zerodha Compare
Zerodha
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 BSE, NSE, MCX, NCDEX NSE, BSE, 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/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 ...Know more about SAMCO Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from SAMCO
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Account Opening Charges and AMC

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

In this section we have compared Motilal Oswal vs SAMCO vs Zerodha on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Motilal Oswal charges Rs 400 per annum [Free for 1st year] as AMC for Demat account, SAMCO charges Rs 400 PA (Free for 1st year) AMC for Demat account, where Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal vs SAMCO vs Zerodha
Charges Motilal Oswal SAMCO Zerodha
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 400 per annum [Free for 1st year] Rs 400 PA (Free for 1st year) Rs 300 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Motilal Oswal vs SAMCO vs Zerodha on Plan Options

Plans are the most important feature you look when compare Motilal Oswal vs SAMCO vs Zerodha. 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 SAMCO vs Zerodha on Plan Options
Plan Types Motilal Oswal SAMCO Zerodha
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 SAMCO
Account Opening Request
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Brokerage Charges

Compare Motilal Oswal vs SAMCO vs Zerodhaon 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.

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

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

Brokerage Charges - Compare Motilal Oswal vs SAMCO vs Zerodha
Brokerage Charges Compare Motilal Oswal SAMCO Zerodha
Plan Name Default Brokerage Plan Max Rs 20 Per Order Trading Plan Max Rs 20 per order Trading Plan
Equity Delivery 0.20% 0.5% 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% Flat Fee Rs 20 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 0.05% or Rs 20 whichever is lower Flat Fee Rs 20
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot 0.05% or Rs 20 whichever is lower Flat Fee Rs 20
Minimum Brokerage NIL
Hidden Charges No Info Not Available
Call & Trade Charges NA Rs 20 per Executed order, with First 20 C&T are free Rs 50 Per Executable Order
Auto Square off Charges NA Rs 20 per Executed order, with First 20 C&T are free Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for SAMCO Brokerage Calculator for Zerodha
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Share Broker's Transaction Charges

Compare Motilal Oswal vs SAMCO vs Zerodha on Transaction Charges

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

Transaction Charges - Compare Motilal Oswal vs SAMCO vs Zerodha
Transaction Charges Compare Motilal Oswal SAMCO Zerodha
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 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for samco Complete Brokerage Plans for zerodha
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Account Features

Compare Motilal Oswal vs SAMCO vs Zerodha on Account Features

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

Account Features - Motilal Oswal vs SAMCO vs Zerodha
Account Features Compare Motilal Oswal SAMCO Zerodha
3 in 1 Account No Motilal Oswal have 2-in-1 account. Only Demate and Trading account. No Motilal Oswal have 2-in-1 account. Only Demate and Trading account. No Zerodha have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes No Yes
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes No Yes
Intraday Square-off Time 3:15PM 3:15PM 3:20 PM
NRI Trading Yes Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare Motilal Oswal vs SAMCO vs Zerodhaon Trading Platform

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

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

https://trade.samco.in/Samruddi/Login/indexauth.jsp

Zerodha Kite Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App MO Trader StockNote Zerodha Kite App
Mobile Trading App Demo MO Trader Demo StockNote Demo Zerodha Kite App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod MO Trader Download Andriod StockNote Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS MO Trader Download iOS StockNote Download iOS Zerodha Kite App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
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 SAMCO Equity Intraday and Delivery Brokerage Calculator for Zerodha
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for SAMCO Futures Brokerage Calculator for Zerodha
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for SAMCO Options Brokerage Calculator for Zerodha
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for samco Detail on Trading Platforms for zerodha

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Broker Ratings by Users

Compare Motilal Oswal vs SAMCO vs Zerodha on User Rating

  Motilal Oswal SAMCO Zerodha
  57 Customer Reviews    Rate Motilal Oswal 32 Customer Reviews    Rate SAMCO 160 Customer Reviews    Rate Zerodha
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 SAMCO is Rated 4.1 / 5 based on 32 customer reviews Zerodha is Rated 3.9 / 5 based on 160 customer reviews
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Investment Offerings

Compare Motilal Oswal vs SAMCO vs Zerodha on Investment Offerings

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

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

Compare Motilal Oswal vs SAMCO vs Zerodha on Customer Service

Compare Motilal Oswal vs SAMCO vs Zerodha 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 SAMCO vs Zerodha
Customer Service Compare Motilal Oswal SAMCO Zerodha
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 No Yes No
Through Branches Yes No Yes
Customer Care Number 022 40548000/022 67490600 022-2222-7777/022-4503-0450 "+ 91 80 4040 2020"
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://edumo.motilaloswal.com/ https://www.samco.in/knowledge-center/ https://zerodha.com/varsity/
Head Office Address 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.
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Website https://www.motilaloswal.com/ https://www.samco.in/ https://zerodha.com/
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Tips/Research/Reports Published

Compare Motilal Oswal vs SAMCO vs Zerodha on Research Reports, Tips

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

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

Compare Motilal Oswal vs SAMCO vs Zerodha on Demat Account

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

Demat Charges - Compare Motilal Oswal vs SAMCO vs Zerodha
  Motilal Oswal SAMCO Zerodha
DP Source CDSL CDSL CDSL
DP ID 10900 54200 81600
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹400 pa ₹300 pa
Advance Deposit NIL NIL Nil
Statutory charges Nil Stamp Charges ₹50
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹10 ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat ₹50 per certificate + ₹50 courier charges ₹10 per certificate + ₹50 courier charges ₹150 per certificate + ₹100 courier charges
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges CDSL charges + ₹50 courier charges ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation ₹35 ₹25 per transaction ₹20 + ₹12 CSDL charges
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure ₹35 ₹25 per transaction ₹20 + ₹12 CSDL charges
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation ₹35 ₹25 per transaction ₹20
Failed Instruction Charges Nil Nil ₹50 per instraction
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs SAMCO vs Zerodha on Special Offers and Promotion

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

Compare Motilal Oswal vs SAMCO vs Zerodha on Special Offers and Promotion
  Motilal Oswal SAMCO Zerodha
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...

  • 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 1st
  • Free stock market learning course for beginners.
  • Very low payment gateway charges of just Rs. 6 + GST.
  • Zero hidden charges.

Detail Review...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

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...

  • 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...

  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

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) Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
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