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About Angel One

Trusted by over 2 Cr+ clients, Angel One, established on 8 August 1996, is one of India’s leading retail full-service broking houses. They offer various innovative services, including online trading and investing, advisory, margin trading facility, algorithmic trading, smart orders, etc.

With over 30 years of еxpеriеncе, the entity has over 1 crore registered users and app downloads. It has over 4,000 employees, 11,000+ authorised persons, over 1.2 million retail clients, 11,000 trading terminals, and 110 branches. As a rеgistеrеd mеmbеr of SEBI, BSE, NSE, MCX, and NCDEX, Angеl Onе adhеrеs to rеgulatory standards.

Additionally, it is rеgistеrеd with CDSL to providе dеpository sеrvicеs and offеrs a widе rangе of financial products, including еquity, F&O (Futurеs and Options), currеncy, and commoditiеs. Their Super App is a powerhouse of cutting-edge tools such as basket orders, GTT orders, SmartAPI, advanced charts and others that will help you navigate capital markets like a pro. >> More

Motilal Oswal Financial Services Ltd. - Logo

About Motilal Oswal Financial Services Ltd. (MOFSL)

Founded in 1987, Motilal Oswal Financial Services Ltd. (MOFSL), headquartered in Mumbai with a research-based value investing and implementation of cutting-edge technology enabled them to blossom into a 9,800+ member team.

Now it is a well-diversified financial service firm offering financial products and services such as Private Wealth, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, and Home Finance. As of March 2023, we had a network spread over 550 cities and towns comprising 2500+ Business Locations operated by our Business Partners, and 55,00,000+ customers.

They have 25+ research analysts researching over 250 companies across 20 sectors. They have been awarded the Best Performing Equity Broker (National) at the CNBC TV18 Financial Advisor Awards for five years now & got inducted into the ‘Hall of Fame’ at the 10th Financial Advisory Awards 2019.

Angel One Vs Motilal Oswal

Angel One provides trading on the BSE, NSE, MCX, and NCDEX. It has 900 branches throughout India.Motilal Oswal provides trading on the BSE, NSE, and MCX. It has 305 branches throughout India.
OverviewMotilal OswalAngel One
Broker TypeFull Service BrokerFull Service Broker
HeadquarterMumbai, IndiaMumbai, India
FoundersRamdeo AgarwalDinesh Thakkar
Year of Incorporation19871996
Type of CompanyPublicPrivate
Number of Branches305900
Exchange MembershipBSE, NSE, MCXBSE, NSE, MCX, NCDEX

Motilal Oswal vs. Angel Broking Rates

Angel One brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order.

Motilal Oswal brokerage charges for equity is 0.20% and intraday is Rs 0 (Free for lifetime).
Account TypeMotilal Oswal Default PlanAngel One Angel iTrade PRIME
Fixed ChargesNA
Equity Futures0.0002Rs 20 per executed order
Equity OptionsRs 20 per lotRs 20 per executed order
Equity IntradayRs 0 (Free for a lifetime)Rs 20 per executed order
Equity Delivery0.002Rs 0 (Free)
Commodity OptionsRs 200 Per LotRs 20 per executed order
Currency OptionsRs 20 per lotRs 20 per executed order
Commodity Futures0.0002Rs 20 per executed order
Currency FuturesRs 20 per lotRs 20 per executed order

Angel One Vs Motilal Oswal Charges & AMC

Angel One trading account opening charge is Rs 0 (Free) and its Demat Account AMC Charge is Rs 240.Motilal Oswal trading account opening charge is Rs 0 (Free) and Demat Account AMC Charge is Rs 199 (Free for 1st Year).
Motilal OswalAngel One
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Demat Account Opening ChargesRs 0Rs 0 (Free)
Demat Account AMC ChargesRs 199 (Free for 1st Year)Rs 240
Trading Account AMC ChargesRs 0Rs 0 (Free)

Motilal Oswal Vs Angel One Demat Account Comparison

Motilal OswalAngel One
Rematerialisation ChargesRs 35 per certificate or 100 shares and part thereof whichever is higher + 25 courier chargesRs 50 + Actual CDSL charges
Dematerialisation ChargesRs 100 per certificate + Rs 50 per certificateRs 50 per certificate
Transaction Charges (Debit or Sell)0.025% or Rs 30Rs 20 per ISIN (Rs 50 per ISIN for BSDA Client)
Pledge Creation Confirmation ChargesNilNil
Transaction Charges (Credit or Buy)
Pledge Invocation ChargesRs 35 or 0.02% (whichever is higher) as per ISIN requestNil
Failed Instruction ChargesNilNil
Pledge Creation ChargesRs 35 or 0.02% (whichever is higher) as per ISIN requestRs 20 per ISIN (Rs 50 per ISIN for BSDA Client)
Other ChargesDemat Rejection: Rs 50 per requestRs 25 per request for additional DIS

Motilal Oswal Vs Angel One Transaction Charges

Angel One exchange transaction charges for options are NSE Rs 5000 per Cr (0.05%) and BSE Rs 500 per Cr (0.005%) (on premium).Motilal Oswal transaction charges for options are NSE Rs 5000 per Cr (0.05%) and BSE Rs 3700 per Cr (0.037%) (on premium)
Motilal OswalAngel One
Equity IntradayNSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (sell side)
Equity OptionsNSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium)
Equity FuturesNSE Rs 190 per Cr (0.0019%) | BSE Rs 0NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity DeliveryNSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
CommodityMCX: Rs 250 per Cr (0.0025%)MCX Rs 150 per Cr (0.0015%) | NCDEX Rs 300 per Cr (0.003%)
CommodityMCX: Rs 250 per Cr (0.0025%)MCX Rs 150 per Cr (0.0015%) | NCDEX Rs 300 per Cr (0.003%)
Currency FuturesNSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)

Angel One Vs Motilal Oswal (Margin)

Angel One margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.Motilal Oswal’s margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock.
Motilal OswalAngel One
Equity IntradayUp to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
F&O (Eq, Curr, Comm)100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)

Angel One Vs Motilal Oswal Other Charges

Other Brokerage ChargesMotilal OswalAngel Broking
Transaction Brokerage Charges0.00335% of Total Turnover0.00325% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Minimum Brokerage ChargesPercentage of TransactionRs.20 Per Order
Stamp Duty ChargesAs per the state (Use Motilal Oswal Brokerage Calculator to see reportAs per the state (Use Angel Broking Brokerage Calculator to see the report
Minimum Brokerage ChargesPercentage of TransactionRs.20 Per Order
GST Charges18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of Total Turnover0.0126% of Total Turnover

Motilal Oswal Vs Angel One Offers

Many stockbrokers are providing attractive offers to capture more customers. Some of them  are as follows:
OffersAngel BrokingMotilal Oswal
Free Stock Trading AccountYesYes
Holiday OffersYesNo
Referral ProgramYesYes
Free Demat AccountYesYes
1 Month Free PlanNoYes
Zero Brokerage on Loss TradesNoNo
Flexible PlansYesYes
Brokerage DiscountsYesYes
Happy HoursNoNo

Angel One Vs Motilal Oswal Investment Options

Motilal OswalAngel One
Stock / EquityYesYes
CommodityYesYes
CurrencyYesYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtYesYes
Other Investment OptionsPMS, Fixed Deposits, Insurance

Angel One Vs Motilal Oswal Order Type Offered

Angel OneMotilal Oswal
Cover OrderYesYes
Bracket OrderYesNo
After Market Order(AMO)NoNo
Good Till Cancelled (GTC)YesNo
Sell Today Buy Tomorrow (STBT)YesNo

Motilal Oswal Vs Angel One Research Report

Angel OneMotilal Oswal
Quarterly Result AnalysisYesYes
News AlertsYesYes
Daily Market ReportYesYes
Annual ReportsYesYes
Company Stock ReviewYesYes
Free Stock TipsYesNo
IPO ReportsYesYes
Fundamental ReportsYesYes
Research ReportsYesYes
Monthly ReportsYesYes
Weekly reportsYesYes
Offline AdvisoryYesYes
Relationship ManagerYesYes
Company ReportsYesYes
Top PicksYesYes
Daily Market ReviewYesYes

Angel One Vs Motilal Oswal Suitable For Investor Type

Angel OneMotilal Oswal
Active InvestorYes
TraderYesYes
Casual Investor

Angel One Vs Motilal Oswal Desktop and Mobile Trading Platforms

Desktop Trading Platforms
Motilal OswalAngel Broking
WindowsYesYes
Desktop BrowserYesYes
MacYesYes
Mobile Trading Platforms
Mobile BrowserYesNo
Other mobile osNoNo
Android AppYesYes
iOS AppYesYes
Windows appNoNo

Angel One Vs Motilal Oswal Customer Support and Customer Complaints Features

Motilal Oswal Vs Angel One Customer Support Features
Motilal OswalAngel Broking
24 * 7 SupportYesYes
Email SupportYesYes
Chat SupportNoNo
Toll free numberNoNo
Support Branches85180
Relationship ManagerYesYes
Offline TradingYesNo
Online TradingYesYes
Angel One Vs Motilal Oswal BSE Complaints 
Motilal OswalAngel Broking
BSE Complaints178128
Percentage of resolved BSE complaints92.70 %100.00 %
BSE Resolved Complaints165128
Angel One Vs Motilal Oswal NSE Complaints 
NSE Complaints145196
Percentage of resolved NSE complaints89.66 %100.00 %
BSE/NSE Complaint vs. Resolved Percentage91.18 %100.00 %
NSE Resolved Complaints130196

Angel One Vs Motilal Oswal Franchisee / Authorized Person Related Information

Angel OneMotilal Oswal
Investment required for Franchisee / APRs.50,000Rs.10000 to Rs.10,00,000
Availability for franchisee / APYesYes

Angel One Vs Motilal Oswal User Ratings

Motilal OswalAngel One
57 Customer Reviews74 Customer Reviews
Fees Ratings3.23.4
Broker Rating Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews Angel One is Rated 3.3 / 5 based on 74 customer reviews
Trading Brokerage Rating2.63.6
Trading Platform Usability3.23.5
Customer Service Ratings33.3
Overall Ratings33.3

Comparing Angel One Vs Motilal Oswal Features

The trading platforms offered by Angel One are Angel One App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal) trading software.Motilal Oswal offers the MO Investor App, MO Trader App, MO Trader Web, and MO Trader EXE.
FeaturesMotilal OswalAngel Broking
Intraday Square-off Time3.15 PM3.15 PM
Trading In SME Shares Allowed?No
Referral ProgramYesYes
Equity Futures TradingYesNo
Equity Options TradingYesNo
Currency TradingYesNo
Commodity TradingYesNo
Online DemoYesYes
Online PortfolioYesYes
Margin Trading FundingYesYes
Trading InstitutionNoNo
Trading ExposureUpto 30x
Mutual FundsYesNo
SIP (Systematic Investment Plan)YesNo
Forex TradingNoNo
BankingNoNo
InsuranceNoNo

Angel One Vs Motilal Oswal – Pros and Cons

Angel One Vs Motilal Oswal Pros

Angel OneMotilal Oswal
  • No brokerage fees for equity delivery trades.
  • Rs 20 flat brokerage for Intraday and F&O.
  • Easy-to-use online trading platforms.
  • Free research reports and trading tips.
  • Margin trading and securities as collateral available.
  • No charges for NEFT/fund transfers (others charge ~Rs 10).
  • Rs 20 charges for intraday square-off and call & trade (others charge Rs 50).
  • Free advisory/tips for stocks and mutual funds.
  • Local sub-broker/RM services even at discount brokerage.
  • Facility to call RM for issue resolution (avoiding busy lines).
  • Over 35 years of Trading and Investing experience.
  • Renowned for Research and Wealth Creation Studies by Mr Raamdeo Agarwal, dubbed the “Warren Buffett of India”.
  • Lifetime Free Equity Intraday Trading.
  • Free 1st Month FnO Brokerage up to Rs 1,000.
  • Free Trading Software with different apps for Investors and Traders.
  • Access to Options Store for multi-leg options strategies, powered by expert minds and AI algorithms.
  • Access to MO Exclusive Smallcase for beginners.
  • Diverse investment options: Stocks, Derivatives (Futures & Options), commodities, currencies, IPOs, mutual funds, insurance, fixed deposits, Gold, US stocks, Sovereign Gold Bonds, Smallcase expert-curated investment baskets, and Intelligent Advisory Portfolios.
  • Purchase shares of unlisted companies through PMS services offered by Motilal Oswal.
  • Up to 4X margin on select stocks.
  • Free daily expert research and advisory calls, plus a Personal Advisor for investment guidance.
  • Stock SIP feature for regular investment in preferred stocks.
  • Free and early access to Investor Community – StoCoMo.

Angel One Vs Motilal Oswal Cons

Angel OneMotilal Oswal
  • Active cross-selling of products and services by Angel RM and the sales team.
  • GTC/GTT order facility is not available.
  • The brokerage does not offer a 3-in-1 account.
  • Customers face surprise margin funding leading to confusion and high charges.
  • Angel Broking doesn’t support trading in SME shares.
  • The brokerage fees for all trading segments are much higher compared to other full-service brokers such as Angel Broking, Edelweiss, Sharekhan, and IIFL.

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The world of trading has been revolutionised in recent years by the introduction of trading apps.

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