Motilal Oswal

Full service
★★★★ 4.3 / 5 | 4,200,000+ clients
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Brokerage Charges

Equity0.30% to 0.50%
F&O₹50-₹100 per lot
Commodity0.05% to 0.10%
Demat AMC₹650 per year
Account Opening₹0 (Free)
NSE Clients4,100,000

Pros

  • Excellent research reports
  • Strong wealth management
  • Experienced team
  • Good IPO distribution

Cons

  • Higher brokerage rates
  • Demat AMC is high
  • Minimum balance requirement

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Summary

Rating ★★★★
Clients 4,200,000
Type full service