Motilal Oswal Brokerage Plan Review: Motilal Oswal Securities Ltd. was founded in 1987 and is headquartered in Mumbai. The firm provides equity, commodity, currency, and derivatives trading services. Other goods include Mutual Funds, Initial Public Offerings (IPOs), Gold, Insurance, and Fixed Income.

MOSL’s MOAMC discretionary Portfolio Management Service is well-known (PMS). Since its introduction in 2003, the PMS has consistently exceeded the benchmark during all market cycles.

In this article, we will review the Motilal Oswal Brokerage Plan and will see the different plans, the charges, the steps to get it, and the benefits of the plan. Let’s get started.

Motilal Oswal Brokerage Plan

About Motilal Oswal (MOSL)- Motilal Oswal Brokerage Plan Review 2021

Retail Broking and Distribution, Private Wealth Management, Institutional Broking, Asset Management, Private Equity, Commodity Brokering, Investment Banking, Currency Broking, and Home Finance are some of the goods and services offered by Motilal Oswal.

Foreign institutional investors, individual consumers, mutual funds, financial, and corporate clients are among the Full-Service Brokers’ clientele.

Motilal Oswal has a network of 2300 business sites distributed throughout 550 cities and towns, maintained by the firm and its Business Partners. The firm has around 2200 workers and 10 lakh registered clients.

The research department of Motilal Oswal Securities is quite strong. They devote about 10% of their income to stock research. By 2017, the organization had 30 research analysts working across 25 departments, investigating over 240 firms. Motilal Oswal’s study papers are quite accurate in terms of research.

Experience9.0 / 10
Trading Platform8.5 / 10
Product & Services8.7 / 10
Brokerage Charges8.3 / 10
Research8.9 / 10
Overall Rating8.7 / 10

Motilal Oswal Brokerage Charges

Brokerage charges and fees offered by Motilal Oswal are as follows:

Equity Delivery Trading0.50%
Equity Intraday Trading0.05%
Commodity Options Trading0.05%
Equity Futures Trading0.05%
Equity Options TradingRs.70 per Lot
Currency Futures Trading0.05%
Currency Options TradingRs.70 per Lot
Minimum BrokeragePercentage of Transaction
Demat AMC ChargesFree or Rs.300 per Annum
Trading AMC ChargesFree
Margin MoneyMinimum Rs.10,000
  • They normally charge Rs.70 per lot for equity options trading, 0.5 percent on the entire transaction value for equity delivery trading, and 0.05 percent on the entire transaction value for equity intraday trading in terms of brokerage.
  • On the whole trade value of Commodity Options Trading, Equity Futures Trading, and Currency Futures Trading, the broking company charges a 0.05 percent fee. In terms of brokerage, Currency Options Trading costs Rs.70 per lot.
  • Aside from this, they charge a yearly AMC of Rs.300 for keeping a Demat Account and a minimum brokerage for a specified amount of trading.
  • Traders and investors who utilize this brokerage house’s services must additionally keep a minimum of Rs. 10,000 in Margin Money in order to trade without interruption.

Brokerage Plans- Motilal Oswal Brokerage Plan Review 2021

The broking house provides 3 types of Brokerage Plans –

  1. Default Schemes
  2. Value Pack Schemes
  3. Margin Schemes
  1. Default Scheme

Casual stock market investors should use the default strategy. This is a fundamental strategy. The bulk of services are included, including access to research and consulting services as well as free online trading software. This plan has the highest brokerage fees.

Equity Delivery0.50%
Intraday Cash or Future – Equity and Commodity0.05% (both side)
Options – EquityRs 100 per lot (both-side)
Currency F&ORs 20 per lot (both-side)
  1. Value Pack Scheme

Motilal Oswal’s Value Pack schemes are prepaid plans that require the consumer to pay brokerage in advance. The lower the brokerage price, the bigger the prepaid amount. This strategy is designed for active traders.

MonthlyQuarterlyQuarterlyHalf YearlyYearly
Upfront Fees (in INR)2,5002,5005,00025,00050,000
Validity (in days)309090180365
Account Opening Fee (INR)00000
DP – AMC (for 1st Year)FreeFreeFreeFreeFree
Equity Delivery0.25%0.30%0.25%0.20%0.18%
Equity Intraday0.03%0.03%0.03%0.02%0.02%
Equity Futures0.03%0.03%0.03%0.02%0.02%
Equity Options6070604050
Currency Futures0.03%0.03%0.03%0.02%0.02%
Currency Options2020202020
  1. Margin Pack Scheme

This brokerage plan is based on the amount of margin provided by the client; the bigger the margin, the cheaper the brokerage fees. The Motilal Oswal Margin Scheme is for those who trade frequently.

Margin 1000Margin 10000Margin 25000Margin 50000
Upfront Margin (in INR)1,00010,00025,00050,000
Account Opening Fee (Rs)Free typeFree typeFree typeFree type
DP – AMC (1st Year)FreeFreeFreeFree
Equity Delivery0.30%0.30%0.25%0.25%
Equity Intraday0.03%0.03%0.03%0.03%
Equity Futures0.03%0.03%0.03%0.03%
Equity Options100757550
Trading PlatformExecutiveExecutiveExecutiveExecutive
Mobile AccessPossiblePossiblePossiblePossible
Free SMS Alerts (buy & sell)YesYesYesYes
Free SMS Alerts (for advices)NANANAYes
Call N TradeYesYesYesYes
Advisory servicesNANANAYes
Research ReportsYesYesYesYes

DEMAT Account Charges

Motilal Oswal Brokerage Plan Review 2021Motilal Demat Account Charges

Scheme nameAMC Scheme
Account Maintenance Charges (AMC)Rs 550
Account Administration Charges (AAC)Rs 199
AdvanceRs 0
Demat Transaction Charges – Within MOFSL (Sell only)Rs 30 or 0.03% (whichever is higher)
Demat Transaction Charges – Outside MOFSL (Sell only)Rs 40 or 0.04% (whichever is higher)
Dematerialization (In all schemes)Rs 50 per request + Rs 50 per certificate
RematerializationRs 35 per certificate
Pledge, Unpledged, Closure, InvocationRs 35 or 0.02% (whichever is higher) per ISIN request

How to Open a Demat and Trading Account?

There are two approaches to this.

  1. Create a paperless online account
  • Visit
  • Select ‘Open an Account’ 
  • If your mobile number is linked to your Aadhaar, choose the online application.
  • Continue filling out the form by clicking submit.
  1. Get a physical account
  • Visit
  • Select ‘Open an Account’ 
  • If your cell phone number is not connected to Aadhaar, use the online form with a physical signature option.
  • Continue filling out the form by clicking submit.
  • Sign the hard copy and return it to them.
Depository SourceNSDL & CDSL
Account Opening ChargesZero
Demat AMC ChargesFree or Rs.300 per Annum
Trading AMC ChargesFree
Margin MoneyMinimum Rs.10,000
Offline to OnlineYes


The following are Motilal Oswal’s benefits. Before you register an account with Motilal Oswal, you should know the benefits.

  • Trading and investing experience spanning over 20 years.
  • A wide range of investment options are available, including equity, derivatives, initial public offerings (IPOs), mutual funds, insurance, and fixed deposits.
  • Low-cost brokerage solutions are available through Value Pack Brokerage Schemes.
  • Complete Operational Ease with Over 60 Banks for Fund Transfer.
  • Free research consultations are available.
  • Trading software that is available for free.

Closing Thoughts

Motilal Oswal is without a doubt one of the top brokerage firms India has ever had in the history of wealth trading, and their continuing efforts to develop new techniques, products, and services to assist their respective customers will ensure that they remain that way for the foreseeable future.