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 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 74.9 Crores
Profit after Tax FY 14/15 Rs 105.53 Crores Rs 79.52 Crores
Profit after Tax FY 15/16 Rs 128.58 Crores Rs 96.88 Crores
Profit after Tax FY 16/17 Rs 133.73 Crores Rs 132.64 Crores
Profit after Tax FY 17/18 Rs 141.01 Crores Rs 100.80 Crores
Profit after Tax FY 18/19 Rs 147.91 Crores Rs 134.63 Crores
Profit after Tax FY 19/20 Rs 156.42 Crores Rs 123.16 Crores
Profit after Tax FY 20/21 Rs 160.36 Crores Rs 85.59 Crores
Profit after Tax FY 21/22 Rs 163.10 Crores Rs 105.82 Crores
Profit after Tax FY 22/23 Rs 175.54 Crores Rs 115.43 Crores
Debt FY11/12 Rs 26.9 Crores Rs 209 Crores
Debt FY12/13 Rs 32.9 Crores Rs 219 Crores
Debt FY13/14 Rs 36.08 Crores Rs 317 Crores
Debt FY14/15 Rs 41.01 Crores Rs 350.83 Crores
Debt FY15/16 Rs 49.56 Crores Rs 462.09 Crores
Debt FY16/17 Rs 50.46 Crores Rs 335.99 Crores
Debt FY17/18 Rs 58.41 Crores Rs 555.66 Crores
Debt FY18/19 Rs 62.54 Crores Rs 559.36 Crores
Debt FY19/20 Rs 79.69 Crores Rs 389.28 Crores
Debt FY20/21 Rs 84.16 Crores Rs 536.48 Crores
Debt FY21/22 Rs 87.40 Crores Rs 598.99 Crores
Debt FY22/23 Rs 92.93 Crores Rs 582.15 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% 43.78%
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 2222.18 Crores
Balance Sheet Size FY18/19 Rs 2235.65 Crores Rs 2350.41 Crores
Balance Sheet Size FY19/20 Rs 2346.16 Crores Rs 2470.58 Crores
Balance Sheet Size FY20/21 Rs 2393.71 Crores Rs 2747.85 Crores
Balance Sheet Size FY21/22 Rs 2641.88 Crores Rs 2921.25 Crores
Balance Sheet Size FY22/23 Rs 2679.30 Crores Rs 3061.50 Crores

Comparison Link:

Compare Motilal Oswal Compare ICICI Direct
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Motilal Oswal Vs Mandot Securities ICICI Direct Vs Mandot Securities
Motilal Oswal Vs HDFC Sky ICICI Direct Vs HDFC Sky
Motilal Oswal Vs Dhan ICICI Direct Vs Dhan
Motilal Oswal Vs Goodwill Wealth ICICI Direct Vs Goodwill Wealth
Motilal Oswal Vs Shoonya by Finvasia ICICI Direct Vs Shoonya by Finvasia
Motilal Oswal Vs NJ Wealth ICICI Direct Vs NJ Wealth
Motilal Oswal Vs Paytm Money ICICI Direct Vs Paytm Money
Motilal Oswal Vs Globe Capital ICICI Direct Vs Globe Capital
Motilal Oswal Vs Finvasia ICICI Direct Vs Finvasia
Motilal Oswal Vs Cholamandalam Securities ICICI Direct Vs Cholamandalam Securities
Motilal Oswal Vs Canara Bank ICICI Direct Vs Canara Bank
Motilal Oswal Vs Axis Direct ICICI Direct Vs Axis Direct
Motilal Oswal Vs Alice Blue ICICI Direct Vs Alice Blue
Motilal Oswal Vs 5Paisa ICICI Direct Vs 5Paisa
Motilal Oswal Vs M.stock ICICI Direct Vs M.stock
Motilal Oswal Vs WisdomCapital ICICI Direct Vs WisdomCapital
Motilal Oswal Vs Way2wealth ICICI Direct Vs Way2wealth
Motilal Oswal Vs Ventura Securities ICICI Direct Vs Ventura Securities
Motilal Oswal Vs Navia Markets Ltd ICICI Direct Vs Navia Markets Ltd
Motilal Oswal Vs Tradejini ICICI Direct Vs Tradejini
Motilal Oswal Vs Tata Securities ICICI Direct Vs Tata Securities
Motilal Oswal Vs Swastika Investmart ICICI Direct Vs Swastika Investmart
Motilal Oswal Vs SMC Global ICICI Direct Vs SMC Global
Motilal Oswal Vs SBICAP Securities ICICI Direct Vs SBICAP Securities
Motilal Oswal Vs SASOnline ICICI Direct Vs SASOnline
Motilal Oswal Vs Samco securities ICICI Direct Vs Samco securities
Motilal Oswal Vs RK Global ICICI Direct Vs RK Global
Motilal Oswal Vs Reliance Securities ICICI Direct Vs Reliance Securities
Motilal Oswal Vs Nirmal Bang ICICI Direct Vs Nirmal Bang
Motilal Oswal Vs Master Trust Capital ICICI Direct Vs Master Trust Capital
Motilal Oswal Vs Kotak Securities ICICI Direct Vs Kotak Securities
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

Is Motilal Oswal better than ICICI Direct ?

Motilal Oswal and ICICI Direct 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 ICICI Direct better than Motilal Oswal ?

Motilal Oswal and ICICI Direct 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 ICICI Direct ?

Motilal Oswal and ICICI Direct 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 ICICI Direct cheaper than Motilal Oswal ?

Motilal Oswal and ICICI Direct 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. ICICI Direct ?

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