Motilal Oswal(3.8) Open Account
ICICI Direct(3) Open Account
Angel Broking(3.2) Open Account
|Broker Type||Full Service Broker||Full Service Broker||Full Service Broker|
|Account Maintenance||Free||₹ 700||₹ 240|
A retail trading and investment service, ICICI Direct, is a part of ICICI Securities, the largest retail stock broker firm in India. ICICI Direct offers 'online trading and investment' services to more than 20 lakhs customers. It offers services online as well as through a network of branches across India.
Opening a trading account with ICICI direct is free of cost irrespective of the plan you have chosen. However, the other charges like brokerage, maintenance, margin, other charges depend upon the product, segment and the plan you have chosen.
ICICI Direct provides a range of trading and investment options, thus giving new investors a platter to choose from. Also, the company offers free research and advisory services, which makes it easier for stock market beginners who need hand-holding, to start their investment journey and further provides them with a convenient trading experience.
Angel Broking is known as the largest full-service retail broker of India. With more than two decades of broking experience, Angel Broking has effectively managed to have a pan-India presence in over 1800 cities and towns. Angel broking, with its modern technology and functional trading platform, serves their best when it comes to investment and trading advisory services. And it is also known for its transparent working policies and ethical practices.
You can open a Demat account in Angel Broking in 2 ways:
1. Online Account Opening (Digital KYC)
Go to the Angel Broking website and go to the account opening page.
Fill the application form, submit all the essential documents for In-person KYC verification and identity verification.
Pay the charges associated with the Demat account.
On the complete verification of the document, your Demat account opens, the confirmation mail will be sent to you on your registered mail ID.
2. Visit Angel Branch Office.
Angel Broking offers account opening through the online Digital Know your Customer (D-KYC) process. It takes 24 hours to get the activation details. This is the fastest way of opening a Demat and trading accounts.
Yes, with a market presence of more than 30 years, Motilal Oswal is a reputed SEBI registered stockbroker and depository participant. The company focuses on technology and profitability. It is also a depository participant with NSDL and CDSL.
Hence, Motilal Oswal can be considered as a safe and trustworthy financial platform for trading, owing to its reputed brand name and years of service and experience in the industry.
Yes, Motilal Oswal is a highly trusted name in the country, which has been in operation since the last 30 years. A SEBI registered stockbroker, Motilal Oswal is a member of BSE, NSE, MCX and NCDEX. It provides research and advisory services. The company is present on every platform ranging from mobile, web, tablet, desktop and smartwatch app.
They also provide customized service, education material and stock recommendations for customers. They also have a low complaint to active clients ratio.
Borrowed funds from a brokerage firm to leverage an investment is known as Margin. The margin in Motilal Oswal varies across its products and segments.