Looking forward to trading in the market with Motilal Oswal. If yes, then first know the details of Motilal Oswal intraday charges.
Motilal Oswal Intraday Brokerage Charges
Motilal Oswal does not charge any fees for intraday trading.
What?
Is Motilal Oswal a discount broker?
No!
Unlike other full-service broker, the broker offers zero-cost trading benefits to its clients.
This means traders can now reap the benefit of research, advisory, offline presence, and trade in multiple positions without worrying about high brokerage.
However, apart from brokerage charges of Motilal Oswal, there are other taxes imposed on the trade. The detail of these charges is given in the table below:
| Motilal Oswal Intraday Brokerage Charges | |
| Equity Delivery | 0 |
| STT | 0.25% (on sell turnover value) |
| Transaction Charges | NSE: 0.00325% |
| BSE: 0.00375% | |
| SEBI Charges | ₹10 / crore |
| Stamp Duty | 0.003% (on buy side) |
| GST | 18% on (brokerage + transaction charges) |
Conclusion
Intraday trading provides traders an opportunity to earn a lot of money if done in the right way, but the trader is not able to book good profits because of high brokerage.
Here Motilal Oswal brings in an opportunity to earn profit by executing multiple trades.
If you have more queries regarding brokers, you can drop them below with your contact details, and we will reach out to you.
