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Motilal Oswal Vs Sharekhan Vs Paytm Money: Which one is better?

The brokerage of Motilal Oswal ranges between 0.02 to 0.20%, the brokerage of Sharekhan ranges between 0.1 to 0.5%, while the brokerage of Paytm Money ranges between Rs 20. The broker Motilal Oswal and Sharekhan are full service brokers where Paytm Money is a discount broker. Overall rating for Motilal Oswal is 4, Sharekhan is rated 4, Paytm Money is rated 4 out of 5.

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

Compare Motilal Oswal vs Sharekhan vs Paytm Money on Service

  Motilal Oswal Compare
Motilal Oswal
Sharekhan Compare
Sharekhan
Paytm Money Compare
Paytm Money
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 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. Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation...Know more about Sharekhan In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... Know more about Paytm Money
Broker Enquiry Request call back from Sharekhan Request call back from Zerodha Request call back from Paytm Money
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Account Opening Charges and AMC

Compare Motilal Oswal vs Sharekhan vs Paytm Money on Trading & Demat Account Opening Charges

In this section we have compared Motilal Oswal vs Sharekhan vs Paytm Money 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, Sharekhan charges Rs 400 PA (Free for 1st year)) AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal vs Sharekhan vs Paytm Money
Charges Motilal Oswal Sharekhan Paytm Money
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free Free
Demat AMC Rs 400 per annum [Free for 1st year] Rs 400 PA (Free for 1st year)) Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Motilal Oswal vs Sharekhan vs Paytm Money on Plan Options

Plans are the most important feature you look when compare Motilal Oswal vs Sharekhan vs Paytm Money. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Sharekhan offers Multiple Plans where Motilal Oswal and Paytm Money doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Motilal Oswal vs Sharekhan vs Paytm Money on Plan Options
Plan Types Motilal Oswal Sharekhan Paytm Money
Multiple Plans No Yes No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Sharekhan Zerodha Paytm Money
Account Opening Request
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Brokerage Charges

Compare Motilal Oswal vs Sharekhan vs Paytm Moneyon 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.

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare Motilal Oswal vs Sharekhan vs Paytm Money
Brokerage Charges Compare Motilal Oswal Sharekhan Paytm Money
Plan Name Default Brokerage Plan Sharkehan Brokerage Plan Flat Brokerage Plan
Equity Delivery 0.20% 0.30% 2.5% or Rs 20 whichever is lower
Equity Intraday 0.02% 0.02% 0.05% or Rs 20 whichever is lower
Equity Futures 0.02% 0.02% 0.02% or Rs 20 whichever is lower
Equity Options Rs 20 per lot Rs 20 per lot Flat Fee Rs 20
Currency Futures Rs 20 per lot 0.02% NA
Currency Options Rs 20 per lot Rs 5 per lot NA
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot Rs 20 per lot NA
Minimum Brokerage Rs 20
Hidden Charges No No
Call & Trade Charges NA Free Rs 100/order +GST
Auto Square off Charges NA Free Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Sharekhan Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Motilal Oswal vs Sharekhan vs Paytm Money on Transaction Charges

Compare Motilal Oswal vs Sharekhan vs Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare Motilal Oswal vs Sharekhan vs Paytm Money
Transaction Charges Compare Motilal Oswal Sharekhan Paytm Money
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 motilal-oswal Complete Brokerage Plans for sharekhan Complete Brokerage Plans for paytm-money
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Account Features

Compare Motilal Oswal vs Sharekhan vs Paytm Money on Account Features

Compare Motilal Oswal vs Sharekhan vs Paytm Money 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 Sharekhan offers margin funding where Paytm Money doesn't offers margin funding. NRI Trading - Motilal Oswal and Sharekhan offers NRI Trading where Paytm Money doesn't offers NRI Trading.

Account Features - Motilal Oswal vs Sharekhan vs Paytm Money
Account Features Compare Motilal Oswal Sharekhan Paytm Money
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 Paytm Money have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No No
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15PM 3:15PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare Motilal Oswal vs Sharekhan vs Paytm Moneyon Trading Platform

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

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

https://www.sharekhan.com/

Paytm Money Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App MO Trader Sharekhan Paytm Money App
Mobile Trading App Demo MO Trader Demo Sharekhan Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod MO Trader Download Andriod Sharekhan Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS MO Trader Download iOS Sharekhan Download iOS Paytm Money App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Sharekhan Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for sharekhan Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Motilal Oswal vs Sharekhan vs Paytm Money on User Rating

  Motilal Oswal Sharekhan Paytm Money
  57 Customer Reviews    Rate Motilal Oswal 184 Customer Reviews    Rate Sharekhan 20 Customer Reviews    Rate Paytm Money
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 Sharekhan is Rated 3.6 / 5 based on 184 customer reviews Paytm Money is Rated 0.9 / 5 based on 20 customer reviews
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Investment Offerings

Compare Motilal Oswal vs Sharekhan vs Paytm Money on Investment Offerings

Compare Motilal Oswal vs Sharekhan vs Paytm Money 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 - Motilal Oswal and Sharekhan offers Commodity Trading where Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Motilal Oswal and Sharekhan offers PMS facility where Paytm Money doesn't offers PMS facility.

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

Compare Motilal Oswal vs Sharekhan vs Paytm Money on Customer Service

Compare Motilal Oswal vs Sharekhan vs Paytm Money 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 Sharekhan vs Paytm Money
Customer Service Compare Motilal Oswal Sharekhan Paytm Money
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes No
Toll Free Number No Yes No
Through Branches Yes Yes No
Customer Care Number 022 40548000/022 67490600 1800227500 NA
Account Opening Process Online/Paperless Offline Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://edumo.motilaloswal.com/ https://www.sharekhan.com/help/hello https://www.paytmmoney.com/care
Head Office Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website https://www.motilaloswal.com/ https://www.sharekhan.com https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Motilal Oswal vs Sharekhan vs Paytm Money on Research Reports, Tips

Compare Motilal Oswal vs Sharekhan vs Paytm Money on research reports and tips provided by broker.

Research Reports - Compare Motilal Oswal vs Sharekhan vs Paytm Money
  Motilal Oswal Sharekhan Paytm Money
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 Motilal Oswal vs Sharekhan vs Paytm Money on Demat Account

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

Demat Charges - Compare Motilal Oswal vs Sharekhan vs Paytm Money
  Motilal Oswal Sharekhan Paytm Money
DP Source CDSL CDSL CDSL
DP ID 10900 36000 88800
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹500 pa Zero
Advance Deposit NIL Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) Nil
Statutory charges Nil Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹10 per ISIN
Demat ₹50 per certificate + ₹50 courier charges ₹5 per certificate (Min 50 per request) ₹250 per 100 shares
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹50 per certificate or ₹50 for every hundred securities ₹250 per 100 shares
Pledge Creation ₹35 0.03% (Min ₹100) ₹32 per ISIN
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure ₹35 Nil ₹32 per ISIN
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation ₹35 Nil ₹32 per ISIN
Failed Instruction Charges Nil Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Sharekhan vs Paytm Money on Special Offers and Promotion

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

Compare Motilal Oswal vs Sharekhan vs Paytm Money on Special Offers and Promotion
  Motilal Oswal Sharekhan Paytm Money
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...

  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

Detail Review...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

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...

  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Does not offer Direct mutual fund.
  • Detail Review...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

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)
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