Motilal Oswal
Motilal Oswal is a full-service broker founded in 1987. Default brokerage is 0.20% on equity delivery, 0.02% on intraday and futures, and ₹20 per lot on options. AMC is free for the first year, ₹199 per year thereafter. Value Pack prepaid plans (₹2,500 to ₹1L) offer lower rates for active traders — verify exact tiers with your relationship manager.
Charges verified 2026-06-13Account opening happens on Motilal Oswal’s own portal — we link out, we don’t collect your details.
Independent guide. We don’t currently earn affiliate commission from Motilal Oswal; if that changes we will mark it here. See our affiliate disclosure.
Charges schedule
Default plan: Standard. Statutory charges (STT, GST, stamp duty, exchange fees) apply on top and are uniform across brokers — the calculator breaks them out per trade.
Who it’s for
Investors who want a long-established full-service broker with in-house research, advisory and a broad multi-asset app, and are comfortable paying higher brokerage than discount brokers.
Motilal Oswal web platform
The Motilal Oswal web platform lives at www.motilaloswal.com and covers the same trading, holdings, funds and statements surface as the mobile app. Web is the better fit for charting, multi-monitor workflows, copy-pasting from spreadsheets and filling out account or KYC forms; the app wins on mobility, biometric login and fast order placement on the move. Both share one login and one set of holdings — what you do on web reflects on the app instantly and vice versa.
Tools and information
Compare monthly trade charges for your profile and filter by recorded features.
Price one trade across all 40 brokers with an itemised charges breakdown.
Run any trade through Motilal Oswal — see brokerage, STT, GST, stamp duty, exchange and DP charges, broken down by segment.
Full Motilal Oswal fee schedule — every plan, DP charges, subscription fees, and the statutory charges that apply on every trade.
Independent Motilal Oswal review — brokerage, app, account opening, customer support, and who the broker actually fits.
Documents, the online e-KYC + IPV + e-sign flow, and how long Motilal Oswal takes to activate the account.
What the Motilal Oswal demat account holds, AMC + DP charges, and how to transfer holdings from another broker.
Direct vs regular plans on Motilal Oswal, SIP setup, commissions, and how it compares with going to the AMC.
Web and app sign-in, password reset, OTP issues, and what to do if your Motilal Oswal account is locked.
How to reach Motilal Oswal support and the four-level SEBI escalation path — broker desk, compliance officer, SCORES, and SMART ODR.
What Motilal Oswal’s MO RIISE app does, where to download it, and how to avoid impersonator apps.