Motilal Oswal vs Canara Bank – Compare Charges, Trading Features, Offers & more

Find a Comparison of Motilal Oswal vs Canara Bank here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Motilal Oswal and Canara Bank.

Background

Year of Incorporation 1987 1996
Website https://www.motilaloswal.com/ https://www.canmoney.in/
Phone 022-40548085 1800-22-0369
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX BSE, NSE, NCDEX, ICEX, MCX
Demat (NSDL/CDSL) NSDL/CDSL CDSL and NSDL
Brokerage

Equity 0.02% for Intraday 0.35% for Delivery & 0.04% for Intraday
Equity Futures 0.02% or Rs 20 per executed order 0.04%
Equity Options Rs 20 per lot Rs.50 per Lot
Currency Futures Rs 20 per lot 0.04%
Currency Options Rs 20 per lot Rs.50 per Lot
Commodity Rs 200 per lot Rs.50 per Lot
Account Opening Costs

Trading only Free Free
Trading & Demat Rs 0 Free
Commodity Rs 0 Free
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.00325%
Futures 0.00200% of Turnover 0.00325%
Options 0.051% of Premium Turnover 0.00325%
Commodities 0.0025% of Turnover 0.00325%
AMC charge Rs 199 (Free for 1st Year) Rs.500 per Annum
DP Transaction Charge Rs 30 or 0.025% Rs 9 + GST
Offline order placing Charge Nil Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 3 Months - Pay Extra for Falcon 7 Days
End of Day 10 years - Pay Extra for Falcon 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10x Upto 2x for Delivery & Upto 6x for Intraday
Equity Futures Upto 2x for Intraday Upto 3X
Equity Options Upto 1x Upto 5X
Currency Futures Upto 2x Intraday Upto 2X
Currency Options Upto 1x Upto 2X
Commodity Upto 2x Intraday Upto 2X
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 87.3 Crores Rs 3283 Crores
Profit after Tax FY12/13 Rs 89.0 Crores Rs 2872 Crores
Profit after Tax FY13/14 Rs 98.4 Crores Rs 2438 Crores
Profit after Tax FY 14/15 Rs 105.53 Crores Rs 2703 Crores
Profit after Tax FY 15/16 Rs 128.58 Crores Rs (2813) Crores
Profit after Tax FY 16/17 Rs 133.73 Crores Rs 1122 Crores
Profit after Tax FY 17/18 Rs 141.01 Crores Rs (4222) Crores
Profit after Tax FY 18/19 Rs 147.91 Crores Rs 347 Crores
Profit after Tax FY 19/20 Rs 156.42 Crores Rs (2236) Crores
Profit after Tax FY 20/21 Rs 160.36 Crores Rs 4406.07 Crores
Profit after Tax FY 21/22 Rs 163.10 Crores Rs 5464.49 Crores
Profit after Tax FY 22/23 Rs 175.54 Crores Rs 7518.54 Crores
Debt FY11/12 Rs 26.9 Crores Rs 4.7 Lakhs
Debt FY12/13 Rs 32.9 Crores Rs 5.2 Lakhs
Debt FY13/14 Rs 36.08 Crores Rs 5.6 Lakhs
Debt FY14/15 Rs 41.01 Crores Rs 6.1 Lakhs
Debt FY15/16 Rs 49.56 Crores Rs 6.8 Lakhs
Debt FY16/17 Rs 50.46 Crores Rs 7.2 Lakhs
Debt FY17/18 Rs 58.41 Crores Rs 8.3 Lakhs
Debt FY18/19 Rs 62.54 Crores Rs 7.9 Lakhs
Debt FY19/20 Rs 79.69 Crores Rs 9.4 Lakhs
Debt FY20/21 Rs 84.16 Crores Rs 9.9 Lakhs
Debt FY21/22 Rs 87.40 Crores Rs 10 Lakhs
Debt FY22/23 Rs 92.93 Crores Rs 4.7 Lakhs
Profit to Equity(%) FY11/12 15.88% 74.10
Profit to Equity(%) FY12/13 13.28% 64.83
Profit to Equity(%) FY13/14 15.72% 54.48
Profit to Equity(%) FY14/15 13.04% 11.06
Profit to Equity(%) FY15/16 18.27% (10.69)
Profit to Equity(%) FY16/17 16.61% 4.15
Profit to Equity(%) FY17/18 15.84% (16.74)
Profit to Equity(%) FY18/19 17.07% 1.40
Profit to Equity(%) FY19/20 18.99% (8.05)
Profit to Equity(%) FY20/21 19.15% 6.71
Profit to Equity(%) FY21/22 20.64% 12.82
Profit to Equity(%) FY22/23 25.51% 19.49
Balance Sheet Size FY11/12 Rs 997 Crores Rs 156538,78.76
Balance Sheet Size FY12/13 Rs 1277 Crores Rs 182468,06,75 Crores
Balance Sheet Size FY13/14 Rs 1353 Crores Rs 583519 44 35 Crores
Balance Sheet Size FY14/15 Rs 1524.18 Crores Rs 583519 44 35 Crores
Balance Sheet Size FY15/16 Rs 1778.76 Crores Rs 583519 44 35 Crores
Balance Sheet Size FY16/17 Rs 1884.24 Crores Rs 583519 44 35 Crores
Balance Sheet Size FY17/18 Rs 2122.23 Crores Rs 616886 10 48 Crores
Balance Sheet Size FY18/19 Rs 2235.65 Crores Rs 694766 69 05 Crores
Balance Sheet Size FY19/20 Rs 2346.16 Crores Rs 723874 74 53 Crores
Balance Sheet Size FY20/21 Rs 2393.71 Crores Rs 1027147 88 07 Crores
Balance Sheet Size FY21/22 Rs 2641.88 Crores Rs 1228104 88 07 Crores
Balance Sheet Size FY22/23 Rs 2679.30 Crores Rs 1345732 24 75 Crores

Comparison Link:

Compare Motilal Oswal Compare Canara Bank
Motilal Oswal Vs Punch Trade Canara Bank Vs Punch Trade
Motilal Oswal Vs BlinkX Canara Bank Vs BlinkX
Motilal Oswal Vs Lemonn Canara Bank Vs Lemonn
Motilal Oswal Vs Mandot Securities Canara Bank Vs Mandot Securities
Motilal Oswal Vs HDFC Sky Canara Bank Vs HDFC Sky
Motilal Oswal Vs Dhan Canara Bank Vs Dhan
Motilal Oswal Vs Goodwill Wealth Canara Bank Vs Goodwill Wealth
Motilal Oswal Vs Shoonya by Finvasia Canara Bank Vs Shoonya by Finvasia
Motilal Oswal Vs NJ Wealth Canara Bank Vs NJ Wealth
Motilal Oswal Vs Paytm Money Canara Bank Vs Paytm Money
Motilal Oswal Vs Globe Capital Canara Bank Vs Globe Capital
Motilal Oswal Vs Finvasia Canara Bank Vs Finvasia
Motilal Oswal Vs Cholamandalam Securities Canara Bank Vs Cholamandalam Securities
Motilal Oswal Vs Axis Direct Canara Bank Vs Axis Direct
Motilal Oswal Vs Alice Blue Canara Bank Vs Alice Blue
Motilal Oswal Vs 5Paisa Canara Bank Vs 5Paisa
Motilal Oswal Vs M.stock Canara Bank Vs M.stock
Motilal Oswal Vs WisdomCapital Canara Bank Vs WisdomCapital
Motilal Oswal Vs Way2wealth Canara Bank Vs Way2wealth
Motilal Oswal Vs Ventura Securities Canara Bank Vs Ventura Securities
Motilal Oswal Vs Navia Markets Ltd Canara Bank Vs Navia Markets Ltd
Motilal Oswal Vs Tradejini Canara Bank Vs Tradejini
Motilal Oswal Vs Tata Securities Canara Bank Vs Tata Securities
Motilal Oswal Vs Swastika Investmart Canara Bank Vs Swastika Investmart
Motilal Oswal Vs SMC Global Canara Bank Vs SMC Global
Motilal Oswal Vs SBICAP Securities Canara Bank Vs SBICAP Securities
Motilal Oswal Vs SASOnline Canara Bank Vs SASOnline
Motilal Oswal Vs Samco securities Canara Bank Vs Samco securities
Motilal Oswal Vs RK Global Canara Bank Vs RK Global
Motilal Oswal Vs Reliance Securities Canara Bank Vs Reliance Securities
Motilal Oswal Vs Nirmal Bang Canara Bank Vs Nirmal Bang
Motilal Oswal Vs Master Trust Capital Canara Bank Vs Master Trust Capital
Motilal Oswal Vs Kotak Securities Canara Bank Vs Kotak Securities
Motilal Oswal Vs Interactive Brokers Canara Bank Vs Interactive Brokers
Motilal Oswal Vs IIFL Securities Canara Bank Vs IIFL Securities
Motilal Oswal Vs Dhani Canara Bank Vs Dhani
Motilal Oswal Vs IDBI Capital Canara Bank Vs IDBI Capital
Motilal Oswal Vs HDFC Securities Canara Bank Vs HDFC Securities
Motilal Oswal Vs Geojit Canara Bank Vs Geojit
Motilal Oswal Vs Fyers Securities Canara Bank Vs Fyers Securities
Motilal Oswal Vs Edelweiss Capital Canara Bank Vs Edelweiss Capital
Motilal Oswal Vs Easytradez Canara Bank Vs Easytradez
Motilal Oswal Vs Rupeezy Canara Bank Vs Rupeezy
Motilal Oswal Vs Anand Rathi Canara Bank Vs Anand Rathi
Motilal Oswal Vs Aditya Birla Money Canara Bank Vs Aditya Birla Money
Motilal Oswal Vs Achiievers Canara Bank Vs Achiievers
Motilal Oswal Vs Angel Broking Canara Bank Vs Angel Broking
Motilal Oswal Vs ICICI Direct Canara Bank Vs ICICI Direct
Motilal Oswal Vs Sharekhan Canara Bank Vs Sharekhan
Motilal Oswal Vs Groww Canara Bank Vs Groww
Motilal Oswal Vs Tradesmart Online Canara Bank Vs Tradesmart Online
Motilal Oswal Vs Upstox Canara Bank Vs Upstox
Motilal Oswal Vs Zerodha Canara Bank Vs Zerodha

Frequently Asked Questions

Is Motilal Oswal better than Canara Bank ?

Motilal Oswal and Canara Bank are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Canara Bank better than Motilal Oswal ?

Motilal Oswal and Canara Bank are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Motilal Oswal cheaper than Canara Bank ?

Motilal Oswal and Canara Bank are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Canara Bank cheaper than Motilal Oswal ?

Motilal Oswal and Canara Bank are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Motilal Oswal vs. Canara Bank ?

To find out the better of the two stockbrokers Motilal Oswal and Canara Bank, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.