Compare Motilal Oswal
Motilal Oswal
Upstox
Upstox

Background

Year of Incorporation 1987 2008 - Retail operations from 2012 as RKSV
Website http://www.motilaloswal.com http://www.upstox.com
Phone 022-30896680 022-61309999
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE & MCX
Demat (NSDL/CDSL) NSDL/CDSL NSDL- Partnership with ILFS
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 16.17 Lakhs
Profit after Tax FY12/13 Rs 89.0 Crores Rs 24 lakhs
Profit after Tax FY13/14 Rs 18.4 Crores - Rs 68.7 Lakhs
Profit after Tax FY 14/15 Rs 105.8 Crores - Rs 0.57 Lakhs
Profit after Tax FY 15/16 Rs 594 Crores - Rs 4.4 Crores
Debt FY11/12 Rs 43.9 Crores 0
Debt FY12/13 Rs 2.9 Crores 0
Debt FY13/14 Rs 6.08 Crores Rs 1.38 Crores
Debt FY14/15 Rs 174.6 Crores Rs 1.30 Crores
Debt FY15/16 Rs 409.6 Crores 0
Profit to Equity(%) FY11/12 15.88 (3.48)
Profit to Equity(%) FY12/13 13.28 5.10
Profit to Equity(%) FY13/14 2.72 (13.73)
Profit to Equity(%) FY14/15 16 0.01
Profit to Equity(%) FY15/16 8.2 (96)
Balance Sheet Size FY11/12 Rs 997 Crores Rs 6.2 Crores
Balance Sheet Size FY12/13 Rs 1277 Crores Rs 15.1 Crores
Balance Sheet Size FY13/14 Rs 1353 Crores Rs 27.9 Crores
Balance Sheet Size FY14/15 Rs 1670 Crores Rs 45.9 Crores
Balance Sheet Size FY15/16 Rs 2060 Crores Rs 79.4 Crores
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 4,631
Active clients - 2014 1,52,608 7,372
Active clients - 2015 1,65,844 10,622
Active clients - 2016 1,92,095 13,774
Active clients Rating


Brokerage

Equity 0.05% for Intraday & 0.5% for Delivery - Reduces upto 0.015/0.15% if brokerage paid upfront 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday)
Equity Futures 0.05% - Reduces upto 0.015% if brokerage paid upfront Rs 20/executed order or 0.01% whichever is lower
Equity Options Rs 70/lot - Reduces upto Rs 30/lot if brokerage paid upfront Rs 20/executed order or 0.01% whichever is lower
Currency Futures 0.05% - Reduces upto 0.015% if brokerage paid upfront Rs 20/executed order or 0.01% whichever is lower
Currency Options Rs 20/lot Rs 20/executed order or 0.01% whichever is lower
Commodity 0.05% - Reduces upto 0.015% if brokerage paid upfront Rs 20/executed order or 0.01% whichever is lower
Brokerage Rating


Account Opening Costs

Trading only NA Nill
Trading & Demat Free, but with Margin Cheque Nill
Commodity Free, but with Margin Cheque Nill
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% on Turnover
Futures 0.00200% of Turnover 0.0021% on Turnover
Options 0.051% of Premium Turnover 0.059% on Premium Turnover
Commodities 0.0025% of Turnover 0.0036% on Turnover
AMC charge Free Nill
DP Transaction Charge Rs 20/Debit Transaction Rs 15.50 per debit instruction
Offline order placing Charge Nil Rs 20 per executed order
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 3 Months - Pay Extra for Falcon 22 days
End of Day 10 years - Pay Extra for Falcon 10 years
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 20 times for intraday, 0 for delivery
Equity Futures Upto 2 Times Intraday Upto 4 times for intraday
Equity Options NA Buying no leverage, shorting upto 4 times for intraday
Currency Futures Upto 2 times Intraday Upto 4 times for intraday
Currency Options NA Buying no leverage, shorting upto 4 times for intraday
Commodity Upto 2 times Intraday Upto 3 times for 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

Upstox formerly RKSV is one of the well-known names in discount broking. Pros: Good platforms and pricing. Cons: Unreliable support, no mutual funds platform, no margin funding. Read More