In this article, you will find the Motilal Oswal brokerage charges, Motilal Oswal Charges for the transaction, opening accounts, and others, and much other information about the charges which can help you in deciding the right brokerage house.
Out of many criteria for choosing the right brokerage house, the first criterion has to be the brokerage charges, and it goes for all, isn’t it? So, when you are here looking for the Motilal Oswal Brokerage, let us give you all the details about the charges that this firm levies for its services.
While we all consider the brokerage charges as the main component of the cost of trading, we need to be aware of the fact that there are other charges which need to be added to get the real cost of trading and that will, in turn, help us in making the desired profit.
|Equity Delivery Trading||0.50%|
|Equity Intraday Trading||0.05%|
|Margin Money||75% Margin|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs 150 per instruction|
What are the Motilal Oswal Brokerage Charges?
|What are the Equity Delivery Charges?||0.50%|
|What are the Equity Intraday Charges?||0.05%|
|What is the brokerage on Equity Futures?||0.05%|
|How much brokerage charged for Equity Options?||Rs.100 per Lot|
|What is the brokerage on Currency Futures?||Rs.20 per Lot|
|What is the brokerage on Currency Options?||Rs.20 per Lot|
|How much brokerage charged for Commodity Trading?||0.05%|
|Brokerage Calculator||Motilal Oswal Brokerage Calculator|
The Motilal Oswal Brokerage Charge for the cash segment is 0.05% and the same is levied for the currency and equity futures and also for the commodity segment. For all these segments, the brokerage price is comparatively high as most of the other firms charge less than this rate.
While it is high for this four-segment, it is on par with the market for the Delivery segment. Generally, for the delivery segment, the firms charge 0.5% of the transaction only, if not completely free.
Apart from these segments, there is an options segment and for both the currency and the equity options, Motilal Oswal has kept the same fixed charges and which is Rs.100 per lot which if compared, is in the medium range. It is not very high, nor very low.
Brokerage comprises the main part of your cost of trading. You must always gauge the cost before stepping into any trade. By using our Motilal Oswal brokerage calculator, you can easily find out the brokerage of your trades before you place them. It will help you set wise targets for making a profit from the market.
Open Demat Account with Motilal Oswal Now! – Fill up the Form
What are the Motilal Oswal Account Opening Charges?
|Account Opening Charges|
|Are there any Trading Account Charges [One Time]?||Rs. 0|
|How much is the Trading Account AMC [Yearly]?||Rs. 0|
|Are there any Demat Charges [One Time]?||Rs. 0|
|How much is the Demat AMC [Yearly]?||Free (Rs 400 2nd year onward)|
|Is any minimum Margin Money required?||75% Margin|
The Motilal Oswal Demat Charges for opening the account are nil. The company does not ask for any Motilal Oswal account opening fee and you can open it for free. It charges a very nominal fee for maintaining the account though which is Rs.400.
It is one of the most reasonable account maintenance charges in the market. For benefiting the customers, it also offers a free trading account and there are no Motilal Oswal Trading Charges for opening or maintaining the account.
However, you need to maintain a balance of 75% Margin in the trading account always as that is the minimum margin requirement for all the traders and investors in the Motilal Oswal network.
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What are the Motilal Oswal Transaction Charges?
|Transaction Charges for each segment|
|What are the Transaction Charges for Equity Delivery?||NSE: 0.00335% and for BSE: 0.01%|
|What are the Transaction Charges for Equity Intraday?||NSE: 0.00325% and for BSE: 0.002%|
|How much are the Transaction Charges for Equity Futures?||0.00200%|
|How much are the Transaction Charges for Equity Options?||NSE 0.0511% and for BSE 0.002% (Premium only)|
|What are the Transaction Charges for Currency Futures?||0.00125%|
|What are the Transaction Charges for Currency Options?||0.042% (Premium only)|
|Any Transaction Charges for Commodity Trading?||MCX: 0.0025%|
Motilal Oswal transaction charges, charged by the NSE and BSE, and other exchanges for using their services is another thing you need to keep in mind while calculating the profit margins of your trades.
If we compare the transaction charges as given in the table, we can find a huge difference between the transaction charges of NSE and BSE. For instance, it is only 0.00335% for the delivery trades in the NSE platform while that goes up to 0.01% on the BSE platform.
Another thing that also can be observed if compared with transaction charges of other stock brokerage houses is, here the transaction charges are on the upper side on the NSE platform while BSE charges less for a few segments like the cash segment.
The transaction charge on the equity options segment for the NSE platform is high at 0.0511% and also for the currency options as well. For the commodity segment, there is no difference between the non-agricultural and agricultural stocks.
What are the other remaining Motilal Oswal Charges?
|How much are the Transaction Charges levied?||0.0002% of Total Turnover|
|What are the STT charges?||Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
|How much is the Stamp Duty levied?||(On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)|
|How is the GST charged?||18% on (Brokerage + Transaction Charge + SEBI Fee)|
|Any Margin Funding Charges?||18% + GST|
|How much is the Reactivation Charge?||Rs 150 per instruction|
|Any charges for Account Closure?||Rs 60 per instruction|
|What are the Dematerialisation Charges?||Rs 50 per request + Rs 50 per certificate|
There are other statutory Motilal Oswal Charges / Govt Charges which you need to be aware of as well and those are in the table. Statutory Motilal Oswal Charges include the basic STT charge at 0.0126% which is the same for most stockbrokers.
The stamp duty depends on the state but it is generally in the range of 0.002% to 0.004%. The reactivation charges of Motilal Oswal accounts are kind of high at Rs.150 per segment while most of the other firm’s charges are lesser than a hundred. You need to pay Rs.60 for each of the segments if you want to close them.
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General FAQs on Motilal Oswal Charges
Let’s have a look at the FAQs on Motilal Oswal Charges:
Does Motilal Oswal provide fixed brokerage options?
No, Motilal Oswal doesn’t charge any fixed brokerage rate.
Does Motilal Oswal have different brokerage charges for penny stocks?
No, Motilal Oswal doesn’t have any different brokerage plans or charges for the penny stocks.
Can I calculate Motilal Oswal brokerage even before I place a Trade?
Yes, you can calculate the brokerage before you place the order on the trading platform using the brokerage calculator.
Can I calculate Motilal Oswal margin / limit / exposure?
Yes, there is a provision for calculating the margin balance, limit, and exposure.
Is there any account opening fees by Motilal Oswal?
No, there are no account opening fees charged by the firm.
Is there any AMC levied by Motilal Oswal?
Yes, there are annual maintenance charges (AMC) on the Demat account only.
Motilal Oswal Charges – Conclusion
So, now you are aware of all the Motilal Oswal Charges, you can easily take your decision wisely. Motilal Oswal Demat Charges are one of the lowest and they don’t even have account opening charges.
Being such a highly reputed firm, its charges reflect generosity towards the customers. The services and products range also justifies its charges.
Open Demat Account with Motilal Oswal Now! – Fill up the Form
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