Comparative analysis of Angel broking vs Motilal Oswal
Comparison Report on Angel Broking and Motilal Oswal
Introduction:
Angel Broking and Motilal Oswal are one of India’s leading full-service stockbrokers.
Angel Broking was established in 1987.
It is a depository participant with CDSL ( Central Depository Services Ltd.) and is a member of BSE (Bombay Stock Exchange), NSE (National Stock Exchange), National Commodity and Derivatives Exchange Limited (NCDEX), and Multi Commodity Exchange of India Limited (MCX).
It offers a range of products and services to its clients.
These products include:
● Equity Trading
● Commodities Trading
● F and O Trading
● Currency Trading
Services offered are :
● DEMAT Account
● Trading Account
● Margin Account
● IPO Account
● Intraday Trading Account
● Stock Advisory
● Loan against shares
Motilal Oswal Financial Services Ltd. (MOFSL) was founded in 1987 by Mr. Motilal Oswal and Mr. Raamdeo Agarwal. It is a depository participant with both CDSL and NSDL . It is also a SEBI registered stock broker and a member of the BSE and NSE.
The various products and services it offers to its users, which include the following products: ● Equity/ Derivatives
● Commodities
● Currency
● Mutual Funds
● Smallcases
● IPO/BONDS/FD
● ME Gold
● PMS (Portfolio Management Services)
● US Equities
And the Services include:
● Dedicated Advisory
● SIP through Whatsapp
● Portfolio Restructuring
● Loan against portfolio
● ICICI Bank Loan Services
● 24×7 Chat Service
Account Charges Angel Broking Vs Motilal Oswal
CHARGES | ANGEL BROKING | MOTILAL OSWAL |
| Trading Account | 0 | Rupees 1000 |
| opening charges | ||
| Trading Account | Rupees 450 | 0 |
| AMC( Annual | ||
| Maintenance Charge) | ||
| DEMAT Account | 0 | 0 |
| Opening Charges | ||
| DEMAT Account | 0 | Rupees 441 |
| AMC |
Brokerage Charges Angel Vs Motilal Oswal
CHARGES | ANGEL BROKING | MOTILAL OSWAL |
| Equity Delivery | Rupees 15 if the order value is below rupees 50000. | 0.50% |
| Rupees 30 if the order value is above rupees 50000. | ||
| Intraday Delivery | Rupees 15 if the order value is below rupees 50000. | 0.05% |
| Rupees 30 if the order value is above rupees 50000. | ||
| Equity Futures | Rupees 15 if the order value is below rupees 50000. | 0.05% |
| Rupees 30 if the order value is above rupees 50000. | ||
Equity Options | Rupees 15 if the order value is below rupees 50000. | Rupees 75 per Contact |
| Rupees 30 if the order value is above rupees 50000. | ||
| Currency Futures | Rupees 15 if the order value is below rupees 50000. | Rupees 20 per contract |
| Rupees 30 if the order value is above rupees 50000. | ||
| Currency Options | Rupees 15 if the order value is below rupees 50000. | Rupees 20 per contract |
| Commodity | Rupees 30 if the order value is above rupees 50000. | 0.03% |
| Rupees 15 if the order value is below rupees 50000. | ||
| Rupees 30 if the order value is above rupees 50000. |
Conclusion:
With the help of the above information, on comparing the three leading full service stockbrokers in India. We can see why one should be investing in Angel Broking and not the other two despite the quality and wide range of services and products each of them offer. Any trader would benefit the most when the brokerage charges are low and fixed. Brokerage charges in % lead to the transaction being expensive.