5Paisa Vs Motilal Oswal
These are two famous companies of the share market. They provide all the trading related offerings and facilities. You have to choose the best one, as per your requirements. A relative study of 5Paisa vs Motilal Oswal can guide you.
5Paisa is a discount broker launched in 2016 based on Mumbai, Maharashtra.
It is a part of IIFL (India Infoline Finance Ltd). They charge low brokerage charges as low as INR.10/-. It has the title of 2nd largest discount broker of India since 2016.
Motilal Oswal Securities Limited (MOSL), on the other hand, is a full-service broker & a subsidiary of Motilal Oswal Financial Service Ltd.
It is a renowned brokerage house with more than 2200 branches in 500 cities in India.
They facilitate investment in gold in the plan namely Me-Gold, which is a digital gold investment platform.
Highlights:
5 Paisa:
1) It offers marginal funding based on @18% p.a. interest.
2) Provides investment through IPOs, NCDs, Bonds & ETF.
3) Highclass high-tech platform facilitates trading using desktop, laptop & mobile.
4) Flat fee-based brokerage charge.
5) Absence of brokerage plan.
6) Higher call & trade charge.
Motilal Oswal:
1) Offers a paperless account opening facility with Aadhaar details.
2) Open access to numerous market research bulletins.
3) All range of wealth management products is available.
4) Don’t have a minimum brokerage charge.
5) Margin funding facility available.
Overall Service Rating
Here we have compared 5Paisa & Motilal Oswal in light of the reviews made by their customers in public media. Details as per the table below:
| Particulars | 5paisa | Motilal Oswal |
| Overall Rating | ★★★★ | ★★★★ |
| Rating on Brokerage Charges | ★★★★ | ★★★ |
| Rating on Trading Platform | ★★★★ | ★★★★ |
| Rating on Investments Offering | ★★★★ | ★★★★ |
| Rating on Customer Service | ★★★★ | ★★★ |
| Broker Type | Discount Broker | Full-Service Broker |
| Exchanges Supported | BSE, NSE | BSE, NSE, MCX, NCDEX |
5Paisa Vs Motilal Oswal AOC & AMC:
5Paisa & Motilal Oswal is hereby compared based on AOC & AMC. Both offer DEMAT Account opening for free and free trading account AMC.
| Particulars | 5paisa | Motilal Oswal |
| Trading Account Opening Fees | 650 Rupees (Free Now Promotion Offer) | 600 Rupees |
| Trading AMC | Free of cost | Free of cost |
| Demat Account Opening Fees | Free of cost | Free of cost |
| Demat AMC | 45 Rupees PM if Trade, else Zero | 400 Rupees PA |
| Provide DP Service | ✔ | ✔ |
5Paisa Vs Motilal Oswal Brokerage Plan
5 Paisa doesn’t provide any brokerage plan to their consumers whereas Motilal Oswal only offers Multiple type brokerage plans to investors.
| Particulars | 5paisa Brokerage | Motilal Oswal Brokerage |
| Multiple Plans | Yes | ✔ |
| Monthly Plans | Yes | 🞬 |
| Yearly Plans | 🞬 | 🞬 |
5Paisa Vs Motilal Oswal Brokerage Charge
Both 5Paisa & Motilal Oswal offers brokerage plan to their customer. 5Paisa offers flat-fee based brokerage charge whereas, Motilal Oswal offers a percentage-based brokerage charge. There is no minimum brokerage for both the brokers. Details of comparison based on brokerage fee are mentioned below:
| Particulars | 5paisa | Motilal Oswal |
| Plan Name | Flat Fee INR.20 Trading Plan | Value Trading Plan (Percentage Based) |
| Equity Delivery | Flat Fee INR.20 | 0.5% or 50 paisa |
| Equity Intraday | Flat Fee INR.20 | 0.05% or 5 paisa |
| Equity Futures | Flat Fee INR.20 | 0.05% or 5 paisa |
| Equity Options | Flat Fee INR.20 | INR.70 Per Lot |
| Currency Futures | Flat Fee INR.20 | 0.05% or 5 paisa |
| Currency Options | Flat Fee INR.20 | INR.70 Per Lot |
| Commodity Trading | Flat Fee INR.20 | 0.05% or 5 paisa |
| Minimum Brokerage | NA | NIL |
| Hidden Charges | No | No |
| Funding | Yes – 18% interest PA | Yes – 18% interest PA |
| Call & Trade Charges | INR.100 per call(No limit of orders) | Info Not Available |
Assessment on Transaction Fee:
5Paisa & Motilal Oswal both share a similar transaction fee (product wise) structure. The assessment is as per the below table:
| Particulars | 5paisa | Motilal Oswal |
| Equity Delivery | INR.325 Per Cr | INR.325 Per Cr |
| Equity Intraday | INR.325 Per Cr | INR.325 Per Cr |
| Equity Futures | INR.190 Per Cr | INR.190 Per Cr |
| Equity Options | INR.5000 Per Cr | INR.5000 Per Cr |
| Currency Futures | INR.110 Per Cr | INR.110 Per Cr |
| Currency Options | INR.4000 Per Cr | INR.4000 Per Cr |
| Commodity | NA | Non-Agri: INR.260 Per Cr Agri: INR.175 Per Cr |
Account Feature Offering:
Assessing 5Paisa & Motilal Oswal based on account feature we get the below-mentioned details:
| Particulars | 5paisa | Motilal Oswal |
| 3 in 1 Account | 🞬 | 🞬 |
| Charting | ✔ | ✔ |
| Algo Trading | ✔ | 🞬 |
| SMS Alerts | ✔ | ✔ |
| Online Demo | ✔ | ✔ |
| Online Portfolio | 🞬 | ✔ |
| Margin Trading Funding Available | ✔ | ✔ |
| Combined Ledger for Equity and Commodity | ✔ | ✔ |
| Intraday Square-off Time | 3:15 PM | 3:15 PM |
| NRI Trading | 🞬 | ✔ |
| Other Features | NIL | NIL |
Compare Trading Platform
In this age of technology, brokers offer online & offline trading terminal to ease the trading experience. Here we assessed 5Paisa & Motilal Oswal based on their respective trading terminal offering:
| Particulars | 5paisa | Motilal Oswal |
| Desktop Trading Platform | 5paisaTradeStation | Orion Lite |
| Desktop Platform (Windows) | ✔ | ✔ |
| Desktop Platform (Mac) | 🞬 | 🞬 |
| Web Trading Platform | ✔ | ✔ |
| Web Trading Detail | 5paisa.com/online-trading | power.motilaloswal.com/MOSL/userMaster/login |
| Mobile Site | ✔ | ✔ |
| Mobile Trading | ✔ | ✔ |
| Mobile Trading App | 5paisa Mobile App | MO Trader |
| Android Mobile App | ✔ | ✔ |
| iPhone Mobile App (IOS) | ✔ | ✔ |
| Android Tablet App | ✔ | ✔ |
| iPad App (IOS) | ✔ | ✔ |
| Trading Software Charges | Free | Free |
Product Offering
Assessing 5Paisa & Motilal Oswal based on the products offering we can get the below-mentioned details:
| Particulars | 5paisa | Motilal Oswal |
| Equity Cash and F&O | ✔ | ✔ |
| Currency Derivatives | ✔ | ✔ |
| Commodity | ✔ | ✔ |
| Online IPO Application | 🞬 | 🞬 |
| Mutual Funds | ✔ | ✔ |
| Bond / NCD | ✔ | ✔ |
| ETF | ✔ | ✔ |
| Banking | 🞬 | 🞬 |
| Insurance | ✔ | ✔ |
| Forex | 🞬 | 🞬 |
| MF SIP Investment | ✔ | ✔ |
| Equity SIP Investment | 🞬 | 🞬 |
| PMS Service | 🞬 | ✔ |
| Other Investment Options | NIL | NIL |
Margin/Leverage
Considering the Leverage we can compare 5Paisa & Motilal Oswal as below:
| Particulars | 5paisa Margin | Motilal Oswal Margin |
| Equity Delivery Margin | Maximum 3.5x through Margin Funding system. | Maximum 4x leverage for equity delivery – through Margin Funding method. |
| Equity Intraday Margin | Maximum 10x or 10% subject to Var and ELM. | Maximum 10x or 10% subject to Var and ELM. |
| Futures Margin | 1x or the particular SPAN + Leverage. | 1x or the particular SPAN + Leverage. |
| Options Margin | 1x or the particular SPAN + Exposure in Selling a specific share and Premium Margin in Buying a specific share. | 1x or the particular SPAN + Exposure in Selling a specific share and Premium Margin in Buying a specific share. |
| Equity CO Margin | Maximum 10x or 10% subject to Var and ELM, no bonus margin for Cover Order. | Maximum 10x or 10% subject to Var and ELM, no bonus margin for Cover Order. |
| Futures CO Margin | 1x or the particular SPAN + Exposure margin, No bonus Margin for Futures Cover Order. | 1x or the particular SPAN + Exposure margin, No bonus Margin for Futures Cover Order. |
| Options CO Margin | 1x or the particular SPAN + Exposure margin(Selling a specific share) or Premium Margin(Buying a specific share), No added Margin for Options Cover Order. | 1x or the particular SPAN + Exposure margin(Selling a specific share) or Premium Margin(Buying a specific share), No added Margin for Options Cover Order. |
| Commodity Margin | 1x or the particular SPAN + Exposure in Selling a specific share and Premium Margin in Buying a specific share. | 1x or the particular SPAN + Exposure in Selling a specific share and Premium Margin in Buying a specific share. |
Customer Assistance
Here we have compared 5Paisa & Motilal Oswal in terms of their customer supportiveness.
| Particulars | 5paisa | Motilal Oswal |
| 24/7 Customer Service | 🞬 | 🞬 |
| Email Support | ✔ | ✔ |
| Online Live Chat | 🞬 | 🞬 |
| Phone Support | ✔ | ✔ |
| Toll-Free Number | 🞬 | 🞬 |
| Through Branches | 🞬 | ✔ |
| Customer Care Number | “+91 89766 89766” | 91-22-39982515 / 67490600 |
| Account Opening Process | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] |
| Knowledge Center/Education | 5paisa.com/knowledge-centre | motilaloswal.com/faq.aspx |
| Head Office Address | 5paisa headquarters Sun Infotech Park, Road No. 16V, Plot No.B-23 Thane Industrial Area, Wagle Estate, Thane – 400604 | Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025 |
| Website | 5paisa.com | motilaloswal.com |
Compare DEMAT Account Offering
Contrasting 5Paisa and Motilal Oswal bases in DEMAT account feature offering we get this below-mentioned details:
| Particulars | 5paisa | Motilal Oswal |
| DP Source | CDSL | CDSL |
| DP ID | 82500 | 10900 |
| DEMAT Account Annual Maintenance Charges(AMC) | Monthly Plan – 45 Rupees (In case of any transaction in a month) | YR081/YR082 /11UPfront- Nil, YR083 — 700/-, YR084 –850/-, YR085 — 300/- YR086 — 450/-, Ebroking – 400, BSDA-Nil up to holding 50000/- or 100 Rupees up to holding 200000/-. |
| Advance Deposit | No Charges | No Charges |
| Statutory charges | No Charges | No Charges |
| Transaction Charges on Debit (Per ISIN) | 0.025% or 25 Rupees whichever is higher + CDSL charges | Within MOSL- YR081/82- 0.025% or 30 Rupees, YR083/84-0.025% or 20 Rupees ( MOSL PI is Free), YR085/86-0.020% OR 20 Rupees, Eb- 0.020% or 20 Rupees, 11Upfront-0.015% or 15 Rupees, YR081/82-0.04% or 30 Rupees, YR083/84/85/86-0.03% or 30 Rupees, Eb-0.03% or 30 Rupees, 11Upfront-0.04% or 30 Rupees, BSDA 70 Rupees or .07% which ever is higher. |
| DEMAT | 15 Rupees per certificate | 50 Rupees per certificate + 50 Rupees per request in all the schemes. |
| REMAT | 15 Rupees for every hundred securities or 15 Rupees per certificate whichever is higher | 35 Rupees per certificate or 100 shares and part thereof whichever is higher + 25 Rupees courier charges and 25 Rupees per Restat of SOA/Redemption |
| Pledge Creation | 50 Rupees | 35 Rupees per request in all scheme |
| Pledge Creation Confirmation | No Charges | No Charges |
| Pledge Closure | No Charges | 35 Rupees per request in all scheme |
| Pledge Closure Confirmation | No Charges | No Charges |
| Pledge Invocation | No Charges | 35 Rupees per request in all scheme |
| Failed Instruction Charges | No Charges | No Charges |
| Other Charges | No Charges | Demat Rejection 50 Rupees per req./- |
Foot-Note:
Both 5 Paisa & Motilal Oswal are globally known names in the stock brokering industry. Based on the study, in terms of the trading platform, products, and customer supportiveness, 5 Paisa & Motilal Oswal are nearly similar in structure.
But there are some differences also, in terms of brokerage plan, minimum brokerage, etc. So, a particular investor must study all the offerings carefully before investing.
