Motilal Oswal Intraday Charges

More on Intraday Trading

Motilal Oswal offers a seamless way to do day trading in different segments, but are you aware of the Motilal Oswal Intraday Charges? If not! Then here is the information for you.

But before we dive into the pool of this information, we should learn a bit about the stockbroker.

 

What Is Intraday Charges In Motilal Oswal?

It is a central question among the day traders as they have to bear these charges. The most significant charge levied on them is the Motilal Oswal brokerage charges intraday.

With this broker, the charge is levied according to the initial margin deposited by the account holder in the account opening process. Motilal Oswal intraday charges are up to 0.05% per order. 

The percentages levied for the initial margin under the Basic Plan is tabulated below:

 

The minimum brokerage here is 0.01% when you deposit more than ₹6,00,000.

Another plan offered by Motilal Oswal is the Value Pack. The charges in this plan are dependent on the subscription amount you pay.

This amount is refundable when you unsubscribe from the plan. The intraday charges under this plan are as follows:

 

Here the range for Motilal Oswal intraday charges is from 0.007% to 0.04%.

Now, let’s talk about the Motilal Oswal intraday charges calculator.


Motilal Oswal Intraday Charges Calculator

Many wish to calculate the Motilal Oswal intraday charges but get confused in the technicalities. Well, don’t worry.

We got you covered.


Let’s understand this with a simple example:

Suppose you wish to do intraday trading for 100 TATA shares, and they are trading at ₹100 per share. Therefore, you’ll have a trading amount of ₹100 X 100 = ₹10,000.

As you have a Motilal Oswal trading account, let’s say that you have an initial margin of ₹50,000. Now, the Motilal Oswal intraday charges under the basic plan are – ₹10,000 X 0.03% = ₹3.

Further, if you have subscribed to the Value Pack at ₹10,000, the intraday charges are – ₹10,000 X 0.025% = ₹2.5.


You can use the calculator on our website to simplify the calculations.

Hopefully, that example clears the doubt of air.


Conclusion

Motilal Oswal intraday charges is a frequently searched query among the current and potential clients of this full-service stockbroker. 

Thus, we bring you the exact numbers from the stockbroker to facilitate our readers with the correct information. You can select from the basic plan and the value pack according to your trading requirements.

We hope that the example and the calculator help you in figuring out the best trade decisions.

Happy trading!


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