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Product Details
Brokerage and Fees
  • Brokerage Charge For Normal Trading: (Normal trading is non-intraday trading where the buyer takes delivery of the stocks): 0.20% of the total transaction value. 

  • Brokerage Charge For Intraday Trading:  INR 0.

  • Brokerage Charge For Options Trading: INR 20 per lot.

  • Account Opening Charges: INR 0

  • Annual Maintenance Charge: INR 1 99 (free for 1st year).

  • Payment Gateway Charges Netbanking: INR 0.

  • Overdue Interest Charges: 0.06% per day, 21.9% when annualized. 

  • Call On Trade: N.A. 

  • Digital KYC Charges: INR 0

  • Physical Trade Charge: N.A.

Account Opening Fees



Any Indian resident can apply.

Annual Fees

INR 199

Mo Investor
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Mo Investor Review

Special Features
  • Users get regular deep research reports on the market.

  • Their website is not very user friendly. 

  • Pricing is not transparently described on the website. 

  • Low brokerage. 

  • Part of the Motilas Oswas group. 

  • 0 brokerage for intraday trading

  • Clean interface, user friendly. 

  • Users get regular deep research reports on the market.

Pros and Cons
How to Apply?

Opening an account with MO Investor (Motilal Oswal) is a straightforward process that can be completed online. Here's a step-by-step guide:

1. Visit the Motilal Oswal Website:

Go to the Motilal Oswal website and click on the "Open Demat Account" button. You can also find this option under the "Products & Services" tab.

2. Fill in Your Details:

You will be asked to enter your mobile number and email ID. Verify your mobile number using an OTP.

3. Complete eKYC:

  • Provide your PAN card, Aadhaar card, bank account details, and signature proof.

  • You can upload these documents online.

  • Ensure that the information you provide matches your official documents.

4. Add Personal Details:

Fill in additional personal information such as your date of birth, address, and occupation.

5. E-sign the Agreement:

Review the terms and conditions and digitally sign the account opening agreement.

6. Verification:

Motilal Oswal will verify the information and documents you have provided. This process usually takes a few hours.

7. Account Activation:

Once your information is verified, your account will be activated. You will receive your login credentials and other relevant details via email and SMS.


Documents Required

Aadhaar and PAN for online account opening.

Account Opening and Procedures

Abhijeet Saxena

Abhijeet Saxena

Abhijeet Saxena

Nalsar University of Law

Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi

Ex - Khaitan & Co. Bengaluru,

Ex - National Stock Exchange, Mumbai,

Ex - Argus Partners, Mumbai

Product Review
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