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Motilal Oswal Brokerage Charges 2026
Full-service stock broker offering research-backed investing, wealth management, and advanced trading platforms.
Full-Service Broker Clients: 11,00,000+ Since 1987 NSE · BSE · MCX
4.6/5
Motilal Oswal account opening & AMC charges
| Transaction | Fee |
|---|---|
| Trading account opening | ₹0 (Online) |
| Trading account AMC | ₹0 |
| Demat account opening | ₹0 |
| Demat account AMC | ₹0 (1st Year), then as per applicable plan |
Motilal Oswal brokerage by segment
| Segment | Charge |
|---|---|
| Equity Delivery | 0.20% |
| Equity Intraday | 0.02% |
| Equity Futures | 0.02% |
| Equity Options | ₹20 per lot |
| Currency F&O | ₹20 per lot |
| Commodity F&O | ₹20 per lot |
| Call & Trade | ₹20 per executed order |
| DP charges (per ISIN, sell) | ₹15.34 + GST per debit transaction (per ISIN per day) |
Note: he above charges are based on Motilal Oswal's standard/default tariff. The broker also offers promotional and customized brokerage plans, so actual brokerage may vary depending on the selected plan. Government taxes and statutory levies are charged separately.
Motilal Oswal demat account charges
The demat account transactions are charged separately from the trading commission.
| # | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening | ₹0 |
| 2 | Annual Maintenance Charges (AMC) | ₹0 for the 1st year (selected plans), thereafter as per applicable tariff |
| 3 | Debit Transaction Charges | ₹15.93 per ISIN per day (including GST) |
| 4 | Pledge / Unpledge Charges | ₹20 + GST per request |
| 5 | Dematerialisation (Demat) | ₹150 per certificate + GST |
| 6 | Rematerialisation (Remat) | ₹150 per certificate + GST |
| 7 | Failed Transactions | Nil |
Motilal Oswal transaction charges (exchange turnover charge)
A combination of exchange turnover charge and trade clearing charge, levied by the exchange and passed through.
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE: ₹2.97 per lakh (0.00297%) • BSE: As per exchange |
| Equity Intraday | NSE: ₹2.97 per lakh (0.00297%) • BSE: As per exchange |
| Equity Futures | NSE: ₹1.73 per lakh (0.00173%) |
| Equity Options | NSE: ₹35.03 per lakh of premium (0.03503%) |
| Currency Futures | NSE: ₹0.35 per lakh (0.00035%) |
| Currency Options | NSE: ₹3.15 per lakh of premium (0.00315%) |
| Commodity Futures | MCX: As per exchange |
| Commodity Options | MCX: As per exchange |
Motilal Oswal trading taxes & regulatory charges
Government taxes and fees in addition to the brokerage — shown in the contract note. Set by the government / regulator and identical across every Indian broker.
| Charge | Rate |
|---|---|
| Securities Transaction Tax (STT) | Equity Delivery: 0.1% (Buy & Sell) • Equity Intraday: 0.025% (Sell) • Equity Futures: 0.02% (Sell) • Equity Options: 0.1% on intrinsic value (Exercise) |
| Exchange Transaction Charges | Refer to the transaction charges table above |
| GST | 18% on (Brokerage + Exchange Transaction Charges + SEBI Charges) |
| SEBI Charges | ₹10 per crore (0.0001%) |
| Stamp Duty (Buy Side Only) | Delivery: 0.015% • Intraday: 0.003% • Equity Futures: 0.002% • Equity Options: 0.003% • Currency Futures: 0.0001% • Commodity Futures: 0.002% • Commodity Options: 0.003% |
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