📣 Motilal Oswal — Research-driven investing with powerful trading platforms, comprehensive investment products, and expert advisory services. Open account →

Motilal Oswal Brokerage 2026: Charges, Fees & Trading Costs

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
Overall ratingBased on 1 reviews
Written By: The Top Stock Broker Last Updated: SEBI data verified

Motilal Oswal Brokerage is an important consideration for investors and traders when comparing the overall cost of using a trading account. Brokerage can vary depending on the trading segment, transaction type, account plan, and applicable pricing structure. Customers should check the latest Motilal Oswal brokerage schedule before placing trades because charges and plans may change.

For equity transactions, the applicable brokerage can depend on whether the trade is classified as delivery or intraday. Investors should review the current brokerage applicable to their account and transaction type before placing an order. Brokerage is only one part of the total trading cost, as statutory taxes and other charges can also apply.

Motilal Oswal F&O brokerage can differ from equity brokerage because futures and options have separate pricing structures. Traders should check the applicable charges for futures and options and consider the complete cost of each transaction. Options trading may also involve additional statutory and exchange-related charges.

The overall Motilal Oswal trading cost depends on factors such as transaction value, trading frequency, market segment, and applicable charges. Investors who trade frequently should consider how brokerage and other transaction expenses accumulate over time, while long-term investors may focus more on delivery-related and account costs.

Demat charges are separate from brokerage. Customers may incur account maintenance charges, depository participant charges, and transaction-related fees depending on the services used and the applicable pricing structure. Investors should consider these charges when calculating their total cost of maintaining and using a Trading and Demat Account.

Taxes and regulatory charges can increase the final transaction cost. Depending on the transaction, applicable costs may include Securities Transaction Tax, Goods and Services Tax, stamp duty, exchange transaction charges, and other statutory levies. The actual amount depends on the transaction type and prevailing regulations.

Motilal Oswal provides access to different investment products and services, which can have separate charges and conditions. IPOs, mutual funds, ETFs, MTF, and other products may involve different costs. Investors should review the pricing applicable to the specific service rather than assuming the same brokerage applies across all products.

When comparing Motilal Oswal with other brokers, investors should consider the complete pricing structure instead of looking only at the advertised brokerage rate. Account maintenance, Demat charges, transaction fees, taxes, and other costs can affect the total amount paid over time.

Overall, Motilal Oswal Brokerage is one component of the total cost of trading and investing. Investors should consider brokerage together with taxes, exchange charges, Demat fees, and other applicable costs. The latest official pricing information should be checked before opening an account or placing a transaction.

Motilal Oswal account opening & AMC charges

TransactionFee
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

SegmentCharge
Equity Delivery0.20%
Equity Intraday0.02%
Equity Futures0.02%
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.

#TransactionCharges
1Demat Account Opening₹0
2Annual Maintenance Charges (AMC)₹0 for the 1st year (selected plans), thereafter as per applicable tariff
3Debit Transaction Charges₹15.93 per ISIN per day (including GST)
4Pledge / Unpledge Charges₹20 + GST per request
5Dematerialisation (Demat)₹150 per certificate + GST
6Rematerialisation (Remat)₹150 per certificate + GST
7Failed TransactionsNil

Motilal Oswal transaction charges (exchange turnover charge)

A combination of exchange turnover charge and trade clearing charge, levied by the exchange and passed through.

SegmentTransaction Fee
Equity DeliveryNSE: ₹2.97 per lakh (0.00297%) • BSE: As per exchange
Equity IntradayNSE: ₹2.97 per lakh (0.00297%) • BSE: As per exchange
Equity FuturesNSE: ₹1.73 per lakh (0.00173%)
Equity OptionsNSE: ₹35.03 per lakh of premium (0.03503%)
Currency FuturesNSE: ₹0.35 per lakh (0.00035%)
Currency OptionsNSE: ₹3.15 per lakh of premium (0.00315%)
Commodity FuturesMCX: As per exchange
Commodity OptionsMCX: 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.

ChargeRate
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 ChargesRefer to the transaction charges table above
GST18% 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%

Calculate your exact Motilal Oswal trade cost →

The Top Stock Broker
Written by
Author
Disclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently — always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.

Frequently Asked Questions

Motilal Oswal Brokerage is the fee charged for eligible trading transactions. The applicable amount can vary according to the trading segment, transaction type, and current account plan.

The applicable equity delivery brokerage depends on the current Motilal Oswal pricing structure and account terms. Investors should check the latest charges before trading.

F&O charges depend on the applicable brokerage structure and transaction type. Taxes, exchange charges, and other statutory costs may also apply.

Brokerage and statutory charges are separate components of the overall transaction cost. Applicable taxes and other charges can increase the final payable amount.

Yes. Brokerage plans and other applicable fees can change. Customers should check the latest official pricing information before placing trades.