Rahul M.
5.0 out of 5Order placement is quick and the app rarely lags at market open.
42 found this helpful
Motilal Oswal Review
3.93.9 out of 54,880 user reviews· Full-Service broker
Research-led full-service broker popular with long-term equity investors.
Overview
- Founded
- 1987
- Customer base
- 35 lakh+
- Broker type
- Full-Service
- Exchanges
- NSE, BSE, MCX, NCDEX
- Trading platforms
- Android, iOS, Web, Desktop
- Research
- Extensive
- Customer support
- Good
- App rating
- 3.8 / 5
Brokerage & Charges
Last updated 12 Aug 2026| Equity delivery | 0.20% |
|---|---|
| Equity intraday | 0.02% |
| Futures | 0.02% |
| Options | ₹20 per order |
| Currency | ₹20 per order |
| Commodity | 0.02% |
| Account opening | Free |
| Annual maintenance (AMC) | ₹400 per year |
| DP charges | ₹25 + GST per scrip (sell) |
| Call & trade | ₹20 per order |
| Minimum balance | None |
Charges can change at any time and may differ by plan or segment. Verify the broker's current official tariff sheet before opening an account.
Estimate your charges with the brokerage calculator →Features & Products
Stocks
Mutual Funds
IPO
ETFs
Bonds
F&O
Commodity
Currency
Research
Algo/API
Margin Trading
- Wealth research reports
- Advisory portfolios
- Algo trading support
- PMS offering
Pros
- Highly regarded research
- Dedicated advisory
- Broad investment products
Cons
- Percentage-based delivery brokerage
- Costlier for high-volume traders
User Reviews
Sneha K.
4.0 out of 5Charges are transparent. Support took a day to respond but resolved my issue.
18 found this helpful
Arun P.
3.0 out of 5Good for delivery investing, but I would like deeper research reports.
9 found this helpful
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