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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

INR 0

Eligibility

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.

Features
Cons
  • Their website is not very user friendly. 

  • Pricing is not transparently described on the website. 

Pros
  • 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.

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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

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