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Alice Blue Vs Motilal Oswal: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Alice Blue Max Rs 20 per trade while the brokerage of Motilal Oswal ranges between .05 to .5%. Alice Blue is a Discount Broker where Motilal Oswal is a Full Service Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Alice Blue is 9,15,264 where number of active customer for Motilal Oswal is 1,47,195. Alice Blue is serving more customer compare to Motilal Oswal.

Here we present side-by-side comparison of Alice Blue vs Motilal Oswal share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Alice Blue vs Motilal Oswal's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Alice Blue vs Motilal Oswal share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Alice Blue vs Motilal Oswal's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Alice Blue vs Motilal Oswal on Service

  Alice Blue Compare
Alice Blue
Motilal Oswal Compare
Motilal Oswal
Overall Rating Rated 4 stars Rated 4 stars
Brokerage Charges Rated 4.5 stars Rated 3 stars
Trading Platform Rated 4 stars Rated 4.5 stars
Investments Offering Rated 3 stars Rated 4.5 stars
Customer Service Rated 4 stars Rated 3.5 stars
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 9,15,264 1,47,195
Broker Overview Trade at the lowest brokerage charges on the best platforms! Alice Blue Account offers Rs. 0 delivery trading, Max Rs. 15/order brokerage, free direct mutual fund investment, Tech-driven ANT Trading Platform, excellent customer service, and a plethor... Know more about Alice Blue Motilal Oswal is the well- established and big player in the stock broker's field. From advisory services to research, active trading, customer service, ease of use and more, Motilal Oswal understands what it means to provide a high-quality offering....Know more about Motilal Oswal
Broker Enquiry Request call back from Alice Blue Request call back from Motilal Oswal
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Account Opening Charges and AMC

Compare Alice Blue vs Motilal Oswal on Trading & Demat Account Opening Charges

Comparison of Alice Blue with Motilal Oswal on trading & demat account opening charges and AMC. Trading account opening charges - Alice Blue offer Free account opening where Motilal Oswal charges Rs 600 for account opening. Demat AMC charges - Both broker charge Rs 400 PA AMC for Demat Account.

Trading & Demat Account Opening Charges - Compare Alice Blue with Motilal Oswal
Charges Alice Blue Motilal Oswal
Trading Account Opening Fees Free Rs 600
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Alice Blue vs Motilal Oswal on Plan Options

Plans are the most important feature you look when compare Alice Blue with Motilal Oswal. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Alice Blue with Motilal Oswal on Plan Options
Plan Types Alice Blue Motilal Oswal
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Alice Blue Motilal Oswal
Account Opening Request
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Brokerage Charges

Compare Alice Blue vs Motilal Oswal on Brokerage Charges

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Motilal Oswal Brokerage Plan detail - This Plan works on the Principle that you have to deposit the Upfront Fee for particular time Frame to avail Brokerage Rates accordingly. The Upfront Fee starts from Rs 2500 for one month to Rs 2500 or Rs 5000 for 3 months, 25,000 for 6 months or Rs 50,000 for 12 months.

Brokerage Charges - Compare Alice Blue with Motilal Oswal
Brokerage Charges Compare Alice Blue Motilal Oswal
Plan Name F15 Plan Value Trading Plan (Percentage Based)
Equity Delivery Free 0.5% or 50 paisa
Equity Intraday 0.05% or Rs 15 whichever is lower 0.05% or 5 paisa
Equity Futures 0.05% or Rs 15 whichever is lower 0.05% or 5 paisa
Equity Options Flat Fee Rs 15 Rs 70 Per Lot
Currency Futures 0.05% or Rs 15 whichever is lower 0.05% or 5 paisa
Currency Options Flat Fee Rs 15 Rs 70 Per Lot
Commodity Trading Flat Fee Rs 15 0.05% or 5 paisa
Minimum Brokerage NA NIL
Hidden Charges No No
Funding Yes - 24% interest PA Yes - 18% interest PA
Call & Trade Charges Rs 50 per order + GST NA
Auto Square off Charges Rs 50 per order + GST NA
Brokerage Calculator Brokerage Calculator for Alice Blue Brokerage Calculator for Motilal Oswal
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Share Broker's Transaction Charges

Compare Alice Blue vs Motilal Oswal on Transaction Charges

Compare Alice Blue with Motilal Oswal on transaction charges and PCM fee by segment.

Transaction Charges - Compare Alice Blue with Motilal Oswal
Transaction Charges Compare Alice Blue Motilal Oswal
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 210 Per Cr Rs 190 Per Cr
Equity Options Rs 5500 Per Cr Rs 5000 Per Cr
Currency Futures Rs 150 Per Cr Rs 110 Per Cr
Currency Options Rs 4400 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for alice-blue Complete Brokerage Plans for motilal-oswal
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Account Features

Compare Alice Blue vs Motilal Oswal on Account Features

Compare Alice Blue with Motilal Oswal on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Alice Blue offers Algo Trading where Motilal Oswal doesn't offers Algo Trading. Margin Funding - Motilal Oswal offers a margin funding where Alice Blue doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Alice Blue with Motilal Oswal
Account Features Compare Alice Blue Motilal Oswal
3 in 1 Account No Alice Blue have 2-in-1 account. Only Demate and Trading account. No Alice Blue have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo No Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Alice Blue vs Motilal Oswal on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Alice Blue and Motilal Oswal. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Alice Blue with Motilal Oswal
Trading Platform Compare Alice Blue Motilal Oswal
Desktop Trading Platform ANT - Analyse and Trade Orion Lite
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://power.motilaloswal.com/MOSL/userMaster/login
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ANT Mobile MO Trader
Mobile Trading App Demo ANT Mobile Demo MO Trader Demo
Android Mobile App Yes Yes
Android App Download Andriod ANT Mobile Download Andriod MO Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ANT Mobile Download iOS MO Trader Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Alice Blue Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal
Futures Brokerage Calculator Futures Brokerage Calculator for Alice Blue Futures Brokerage Calculator for Motilal Oswal
Options Brokerage Calculator Options Brokerage Calculator for Alice Blue Options Brokerage Calculator for Motilal Oswal
Detail Detail on Trading Platforms for alice-blue Detail on Trading Platforms for motilal-oswal

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Broker Ratings by Users

Compare Alice Blue vs Motilal Oswal on User Rating

  Alice Blue Motilal Oswal
  7 Customer Reviews    Rate Alice Blue 56 Customer Reviews    Rate Motilal Oswal
Fees Ratings 2.9 3.2
Trading Brokerage Rating 3.4 2.6
Trading Platform Usability 2.6 3.3
Customer Service Ratings 2.9 3.0
Overall Ratings Rated 2.3 stars Rated 3.0 stars
Broker Rating Alice Blue is Rated 2.3 / 5 based on 7 customer reviews Motilal Oswal is Rated 3.0 / 5 based on 56 customer reviews
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Investment Offerings

Compare Alice Blue vs Motilal Oswal on Investment Offerings

Compare Alice Blue with Motilal Oswal on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Motilal Oswal provides PMS Service where Alice Blue doesn't offer

Investment Offerings - Compare Alice Blue with Motilal Oswal
Investment Offerings Compare Alice Blue Motilal Oswal
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No Yes
Other Investment Options NIL NIL
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Order Types

Compare Alice Blue vs Motilal Oswal on Order Types

Order Type - Compare Alice Blue with Motilal Oswal on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Motilal Oswal offers Good Till Cancelled (GTC) orders where Alice Blue doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Alice Blue with Motilal Oswal
Order Type Compare Alice Blue Motilal Oswal
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare Alice Blue vs Motilal Oswal on Customer Service

Compare Alice Blue with Motilal Oswal on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Alice Blue with Motilal Oswal
Customer Service Compare Alice Blue Motilal Oswal
24/7 Customer Service Alice Blue vs Motilal Oswal - 24x7 customer support No No
Email Support Alice Blue vs Motilal Oswal - Email Support No Yes
Onine Live Chat Alice Blue vs Motilal Oswal - Onine Live Chat Yes No
Phone Support Alice Blue vs Motilal Oswal - Phone Support Yes Yes
Toll Free Number Alice Blue vs Motilal Oswal - Toll Free Number No No
Through Branches Alice Blue vs Motilal Oswal - Through Branches Yes Yes
Customer Care Number Alice Blue vs Motilal Oswal - Customer Care Number 08035215000/080-45490850 91-22-39982515 / 67490600
Account Opening Process Alice Blue vs Motilal Oswal - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Alice Blue vs Motilal Oswal - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Alice Blue vs Motilal Oswal - Knowledge Center/Education https://tradeschool.aliceblueonline.com/ https://www.motilaloswal.com/faq.aspx
Head Office Address Alice Blue vs Motilal Oswal - Head Office Address/Corporate Address Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore – 560063
Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Website Alice Blue vs Motilal Oswal - Company Website https://www.aliceblueonline.com https://www.motilaloswal.com/
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Tips/Research/Reports Published

Compare Alice Blue vs Motilal Oswal on Research Reports, Tips

Compare Alice Blue with Motilal Oswal on research reports and tips provided by the broker.

Research Reports - Compare Alice Blue with Motilal Oswal
  Alice Blue Motilal Oswal
Research Mutual Funds Alice Blue vs Motilal Oswal - Research Mutual Funds No Yes
Research Equity Reports Alice Blue vs Motilal Oswal - Research Equity Reports No Yes
Research ETF Alice Blue vs Motilal Oswal - Research ETF No Yes
Daily Market Report Alice Blue vs Motilal Oswal - Daily Market Report Yes Yes
Free Tips Alice Blue vs Motilal Oswal - Free Tips No Yes
Quarterly Result Analysis Alice Blue vs Motilal Oswal - Quarterly Results No Yes
News Alerts Alice Blue vs Motilal Oswal - No Yes
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Demat Account

Compare Alice Blue vs Motilal Oswal on Demat Account

Compare Alice Blue with Motilal Oswal on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Motilal Oswal is ₹400 pa where for Alice Blue is ₹400 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Alice Blue is 0.04% of the value of the transaction where for Motilal Oswal is 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Alice Blue with Motilal Oswal
  Alice Blue Motilal Oswal
DP Source CDSL CDSL
DP ID Alice Blue vs Motilal Oswal - DP ID 83500 10900
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹400 pa
Advance Deposit Rs 0 NIL
Statutory charges Rs 150 Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% of the value of the transaction 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)
Demat ₹10 per certificate + ₹50 courier charges ₹50 per certificate + ₹50 courier charges
Remat ₹30 per certificate + CDSL charges ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation ₹20 + CDSL charges ₹35
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹20 + CDSL charges ₹35
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹20 + CDSL charges ₹35
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Alice Blue vs Motilal Oswal on Special Offers and Promotion

Compare Alice Blue with Motilal Oswal on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Alice Blue vs Motilal Oswal on Special Offers and Promotion
  Alice Blue Motilal Oswal
Pay In and Pay Out Options Alice Blue vs Motilal Oswal - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from MO Desktop or MO Trader or MO Investor Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Alice Blue vs Motilal Oswal - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays.
Bank Supported and Charges Alice Blue vs Motilal Oswal - Bank Supported and Charges Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms. Around 47 banks allow instant credit facility(Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms.
Bank Detail Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
Info Not Available
Likes
  • Trade on BSE, NSE, and MCX at Rs. 15 flat brokerages.
  • Zero brokerage or commission-free investment in direct mutual funds.
  • Lifetime zero brokerage delivery trading.
  • Powerful charting, lots of technical indicators, and stock screeners.
  • Alice Blue Tradestore, a marketplace for advanced trading products.
  • Alice Blue offers free ANT API access for the Algo trading facility.
  • Advanced orders such as bracket order (BO), cover order (CO), and after market order (AMO).
  • Pledge shares without POA.
  • Alice Blue Trade School, a stock market education platform for beginners to experts.
  • Plethora of learning resources for beginners; Tradeschool, Aspiring Investor Program, and ANT IQ Blog.
  • Become a Partner with Alice Blue to Earn, Scale, and Grow your business.
  • TradeLink, a free online tool to share your trading ideas.
  • Alice Blue refer & earn program provides 2-sided benefits to both referral and referee.
  • Strong PAN India presence in 20 cities with over 12,000 partners.
  • No minimum brokerage.

Detail Review...

Detail Review...

Dislikes
  • A 3-in-1 account opening facility is unavailable.
  • It does not offer zero brokerage unlimited monthly trading plans.
  • Alice Blue does not provide NRI trading services.
  • You cannot place Good Till Canceled (GTC) order in Alice Blue.
  • High Demat AMC charges.
  • Alice Blue Mutual Fund App is not available on the App Store.

Detail Review...

  • Inconsistent email / online support.
  • Hidden charges and catches in brokerage plans.
  • No brokerage plans available onsite.

Detail Review...

Special Offers/Promo Free Demat AMC (Client need to opt for 3,000 Value Pack (prepaid brokerage) or Open the A/c with above 25,000 margin)
Enquiry Enquire for Alice Blue Enquire for Motilal Oswal

Last Updated on 2022-06-09T00:01:12+00:00


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