Motilal Oswal Review 2026: Demat Charges, AMC & Brokerage

.single-product .rh_woo_code_zone_button{display:none!important}.single-product a.re_track_btn.btn_offer_block[href=””]{display:none!important}

By Ajay Bohra · About the author

Last updated: May 2026

This Motilal Oswal review covers demat account opening charges, AMC, and brokerage for Indian investors. Figures match the comparison table on this page and our broker comparisons. We do not recommend a single “best” broker for everyone—use the tables below for your own trading pattern. Confirm current tariffs on Motilal Oswal’s official charges page.

Motilal Oswal charges at a glance

Charge	Motilal Oswal
Account Opening Fee	₹0
Annual Maintenance Charges (AMC)	₹199/year after first year
Brokerage Plan	Regular online retail plan
Equity Delivery Charges	0.20% per order
Equity Intraday Charges	₹0 (free lifetime)
Equity Futures charges	0.02% per order
Equity Options charges	₹20 per executed order
Currency Futures charges	₹20 per executed order
Currency Options charges	₹20 per executed order
Commodity Futures charges	₹20 per executed order
Commodity Options charges	₹20 per executed order
DP Charges	0.025% of value; min ₹30 per ISIN
Call and Trade charges	₹0

Brokerage plan

Regular online retail plan

Platform and services

• Advanced charting: Yes
• After Market Order (AMO): Yes
• Algo Trading Platform: No
• Android App: Yes
• Annual Reports: Yes
• Banking: No
• Basket Trading Platform: Yes
• Bonds Investment Platform: No

Who should read this Motilal Oswal review

Investors comparing Motilal Oswal with discount or full-service brokers usually start with AMC, equity delivery charges, and F&O per-order fees. See side-by-side guides on our comparisons hub. This is not personalized investment advice.

FAQs

Brokerage, AMC, and statutory charges change. Use the open-account button for the broker’s official site. This page is for information and education only—not investment advice.