Compare Motilal Oswal
Motilal Oswal
SMC Global
SMC Global

Background

Year of Incorporation 1987 1994
Website http://www.motilaloswal.com http://www.smcindiaonline.com
Phone 022-30896680 011-30111444
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL/CDSL NSDL, CDSL
Background Rating


Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

Profit after Tax FY11/12 Rs 87.3 Crores Rs 47.8 Crores
Profit after Tax FY12/13 Rs 89.0 Crores Rs 51.3 Crores
Profit after Tax FY13/14 Rs 18.4 Crores Rs 18.2 Crores
Profit after Tax FY 14/15 Rs 105.8 Crores Rs 27.1 Crores
Profit after Tax FY 15/16
Debt FY11/12 Rs 43.9 Crores Rs 121.6 Crores  
Debt FY12/13 Rs 2.9 Crores Rs 29.7 Crores
Debt FY13/14 Rs 6.08 Crores Rs 41.5 Crores
Debt FY14/15 Rs 174.6 Crores Rs 72.2 Crores
Debt FY15/16
Profit to Equity(%) FY11/12 15.88 47.39
Profit to Equity(%) FY12/13 13.28 8.59
Profit to Equity(%) FY13/14 2.72 2.91
Profit to Equity(%) FY14/15 16 4
Profit to Equity(%) FY15/16
Balance Sheet Size FY11/12 Rs 997 Crores Rs 986.9 Crores
Balance Sheet Size FY12/13 Rs 1277 Crores 1035.8 Crores
Balance Sheet Size FY13/14 Rs 1353 Crores Rs 1087 Crores
Balance Sheet Size FY14/15 Rs 1670 Crores Rs 1096 Crores
Balance Sheet Size FY15/16
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

Active clients - 2013 1,23,022 55,627
Active clients - 2014 1,52,608 63,148
Active clients - 2015 1,65,844 64,231
Active clients - 2016 1,92,095 70,278
Active clients Rating


Brokerage

Equity 0.05% for Intraday & 0.5% for Delivery - Reduces upto 0.015/0.15% if brokerage paid upfront 0.03% for Intraday & 0.3% for Delivery - Negotiable
Equity Futures 0.05% - Reduces upto 0.015% if brokerage paid upfront 0.03% of Turnover - Negotiable
Equity Options Rs 70/lot - Reduces upto Rs 30/lot if brokerage paid upfront Rs 70/lot - Negotiable
Currency Futures 0.05% - Reduces upto 0.015% if brokerage paid upfront Rs 20/lot- Negotiable
Currency Options Rs 20/lot 0.03% of Turnover- Negotiable
Commodity 0.05% - Reduces upto 0.015% if brokerage paid upfront 0.03% of Turnover- Negotiable
Brokerage Rating


Account Opening Costs

Trading only NA NA
Trading & Demat Free, but with Margin Cheque Rs 1000
Commodity Free, but with Margin Cheque Rs 500
Account Opening Costs Rating


Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.0035% of Turnover
Futures 0.00200% of Turnover 0.0029% of Turnover
Options 0.051% of Premium Turnover 0.065% of Premium Turnover
Commodities 0.0025% of Turnover 0.0030% of Turnover
AMC charge Free Rs 300/year
DP Transaction Charge Rs 20/Debit Transaction Rs 25/debit transaction
Offline order placing Charge Nil Nil
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 3 Months - Pay Extra for Falcon 5 Days on ODIN
End of Day 10 years - Pay Extra for Falcon 5 years on ODIN
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum Upto 10 times Intraday, Delivery upto 3 times @Interest
Equity Futures Upto 2 Times Intraday Upto 2 times Intraday
Equity Options NA No Leverage
Currency Futures Upto 2 times Intraday No Leverage
Currency Options NA No Leverage
Commodity Upto 2 times Intraday Upto 3 times Intraday
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review