Motilal Oswal Securities Ltd. is a diversified financial service firm based in Mumbai, India and was incorporated in 1987. It offers trading services in equity, commodities, currency, and derivatives. It also offers other products like mutual funds, IPO, gold, insurance, fixed income products, and portfolio management services (PMS).
- Motilal Oswal charges Rs.1000 for trading account opening.
- Trading Account AMC is free for investors.
- Demat Account Opening is free with Motilal Oswal.
- Demat Account AMC is Rs.299.
- The brokerage charged is 0.50% for Equity Delivery, Intraday Cash or Future for both Equity and Commodity.
- A flat brokerage of Rs.100 per lot is charged for Equity Options for both sides.
- Flat Rs.20 brokerage per lot (both side) is charged for Currency F&O.
- It has three different brokerage plans namely Default Brokerage Plan, Value Pack Plan and Margin Scheme for the investors to choose as per their financial requirement.