Motilal Oswal vs ICICI Direct – Compare Charges, Trading Features, Offers & more

Find a Comparison of Motilal Oswal vs ICICI Direct 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 ICICI Direct.

Background

Year of Incorporation 1987 2000
Website https://www.motilaloswal.com/ https://www.icicidirect.com/
Phone 022-40548085 022 3355 1122
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE & BSE
Demat (NSDL/CDSL) NSDL/CDSL NSDL & CDSL
Brokerage

Equity 0.02% for Intraday 0.05% Equity Intraday
Equity Futures 0.02% or Rs 20 per executed order 0.05% or Rs 50 per Trade
Equity Options Rs 20 per lot 0.05% or Rs 50 per Trade
Currency Futures Rs 20 per lot Rs 20 per executed order
Currency Options Rs 20 per lot Rs 20 per executed order
Commodity Rs 200 per lot Rs 20 per executed order
Account Opening Costs

Trading only Free Free
Trading & Demat Rs 0 Rs 975 for 3 in 1 Account
Commodity Rs 0 Rs 0
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% of Turnover
Futures 0.00200% of Turnover 0.0019% of Turnover
Options 0.051% of Premium Turnover 0.05% of Turnover
Commodities 0.0025% of Turnover 0.05% of Turnover
AMC charge Rs 199 (Free for 1st Year) Rs 700 per Year
DP Transaction Charge Rs 30 or 0.025% Rs 25/Transaction or 0.05% whichever higher
Offline order placing Charge Nil 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 3 Months - Pay Extra for Falcon 20 Days
End of Day 10 years - Pay Extra for Falcon 10 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10x for Intraday & Upto 3x for Delivery Upto 1x on Delivery & Upto 5x on Intraday
Equity Futures Upto 2x for Intraday Upto 4x
Equity Options Upto 1x Not for buying but upto 2x for shorting
Currency Futures Upto 2x Intraday 1x
Currency Options Upto 1x 1x
Commodity Upto 2x Intraday 1x
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 77.1 Crores
Profit after Tax FY12/13 Rs 89.0 Crores Rs 68.2 Crores
Profit after Tax FY13/14 Rs 98.4 Crores Rs 94.9 Crores
Profit after Tax FY 14/15 Rs 105.53 Crores Rs 159.52 Crores
Profit after Tax FY 15/16 Rs 128.58 Crores Rs 196.88 Crores
Profit after Tax FY 16/17 Rs 133.73 Crores Rs 232.64 Crores
Profit after Tax FY 17/18 Rs 141.01 Crores Rs 300.80 Crores
Profit after Tax FY 18/19 Rs 147.91 Crores Rs 490.63 Crores
Profit after Tax FY 19/20 Rs 156.42 Crores Rs 539.16 Crores
Profit after Tax FY 20/21 Rs 160.36 Crores Rs 1,067.59 Crores
Profit after Tax FY 21/22 Rs 163.10 Crores Rs 1,383.82 Crores
Profit after Tax FY 22/23 Rs 175.54 Crores Rs 1,118.43 Crores
Debt FY11/12 Rs 26.9 Crores Rs 2,209 Crores
Debt FY12/13 Rs 32.9 Crores Rs 4,219 Crores
Debt FY13/14 Rs 36.08 Crores Rs 6,317 Crores
Debt FY14/15 Rs 41.01 Crores Rs 8,250.83 Crores
Debt FY15/16 Rs 49.56 Crores Rs 9,862.09 Crores
Debt FY16/17 Rs 50.46 Crores Rs 10,435.99 Crores
Debt FY17/18 Rs 58.41 Crores Rs 11,755.66 Crores
Debt FY18/19 Rs 62.54 Crores Rs 12,859.36 Crores
Debt FY19/20 Rs 79.69 Crores Rs 13,689.28 Crores
Debt FY20/21 Rs 84.16 Crores Rs 14,536.48 Crores
Debt FY21/22 Rs 87.40 Crores Rs 15,798.99 Crores
Debt FY22/23 Rs 92.93 Crores Rs 15,882.15 Crores
Profit to Equity(%) FY11/12 15.88% 32%
Profit to Equity(%) FY12/13 13.28% 21%
Profit to Equity(%) FY13/14 15.72% 27.07%
Profit to Equity(%) FY14/15 13.04% 29.22%
Profit to Equity(%) FY15/16 18.27% 30.63%
Profit to Equity(%) FY16/17 16.61% 32.89%
Profit to Equity(%) FY17/18 15.84% 41.55%
Profit to Equity(%) FY18/19 17.07% 40.19%
Profit to Equity(%) FY19/20 18.99% 26.41%
Profit to Equity(%) FY20/21 19.15% 33.02%
Profit to Equity(%) FY21/22 20.64% 41.00%
Profit to Equity(%) FY22/23 25.51% 40.45%
Balance Sheet Size FY11/12 Rs 997 Crores Rs 908 Crores
Balance Sheet Size FY12/13 Rs 1277 Crores Rs 948 Crores
Balance Sheet Size FY13/14 Rs 1353 Crores Rs 1620 Crores
Balance Sheet Size FY14/15 Rs 1524.18 Crores Rs 1857.26 Crores
Balance Sheet Size FY15/16 Rs 1778.76 Crores Rs 1903.86 Crores
Balance Sheet Size FY16/17 Rs 1884.24 Crores Rs 1983.64 Crores
Balance Sheet Size FY17/18 Rs 2122.23 Crores Rs 2,222.18 Crores
Balance Sheet Size FY18/19 Rs 2235.65 Crores Rs 2,350.41 Crores
Balance Sheet Size FY19/20 Rs 2346.16 Crores Rs 5,470.58 Crores
Balance Sheet Size FY20/21 Rs 2393.71 Crores Rs 6,747.85 Crores
Balance Sheet Size FY21/22 Rs 2641.88 Crores Rs 8,921.25 Crores
Balance Sheet Size FY22/23 Rs 2679.30 Crores Rs 10,061.50 Crores

Comparison Link:

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Motilal Oswal Vs Interactive Brokers ICICI Direct Vs Interactive Brokers
Motilal Oswal Vs IIFL Securities ICICI Direct Vs IIFL Securities
Motilal Oswal Vs Dhani ICICI Direct Vs Dhani
Motilal Oswal Vs IDBI Capital ICICI Direct Vs IDBI Capital
Motilal Oswal Vs HDFC Securities ICICI Direct Vs HDFC Securities
Motilal Oswal Vs Geojit ICICI Direct Vs Geojit
Motilal Oswal Vs Fyers Securities ICICI Direct Vs Fyers Securities
Motilal Oswal Vs Edelweiss Capital ICICI Direct Vs Edelweiss Capital
Motilal Oswal Vs Easytradez ICICI Direct Vs Easytradez
Motilal Oswal Vs Rupeezy ICICI Direct Vs Rupeezy
Motilal Oswal Vs Anand Rathi ICICI Direct Vs Anand Rathi
Motilal Oswal Vs Aditya Birla Money ICICI Direct Vs Aditya Birla Money
Motilal Oswal Vs Achiievers ICICI Direct Vs Achiievers
Motilal Oswal Vs Angel One ICICI Direct Vs Angel One
Motilal Oswal Vs Sharekhan ICICI Direct Vs Sharekhan
Motilal Oswal Vs Groww ICICI Direct Vs Groww
Motilal Oswal Vs Tradesmart Online ICICI Direct Vs Tradesmart Online
Motilal Oswal Vs Upstox ICICI Direct Vs Upstox
Motilal Oswal Vs Zerodha ICICI Direct Vs Zerodha

Frequently Asked Questions

Which is better, Motilal Oswal or ICICI Direct?

Motilal Oswal Securities and ICICI Direct are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.

Do Motilal Oswal and ICICI Direct offer mobile trading apps?

Yes, both Motilal Oswal Securities and ICICI Direct provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for ICICI Direct and Motilal Oswal?

The account opening charges by brokers Motilal Oswal and ICICI Direct for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both Motilal Oswal and ICICI Direct are SEBI-registered brokers with good reputations. Motilal Oswal is known for its trading platforms, while ICICI Direct is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both Motilal Oswal and ICICI Direct offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.