Motilal Oswal vs Dhan
Side by side comparison of active clients, charges, and regulatory track records.
Detailed head to head comparison
| Metric | Motilal Oswal | Dhan |
|---|---|---|
| Broker Type | Full service | Discount |
| Active Clients | - | - |
| Market Share | - | - |
| Complaints per 10k clients | - | - |
| Complaint Resolution | - | - |
| Reliability Score | 100.0/100 | 83.3/100 |
| Delivery Brokerage | - | - |
| Intraday Brokerage | - | - |
| F&O Brokerage | - | - |
| Demat AMC / Year | - | - |
| Account Opening | Free | Free |
| Head Office | Mumbai | Mumbai |
| Founded | 1987 | 2021 |
| SEBI Registration | INZ000158836 | INZ000006031 |
| Segments | Equity delivery, Equity F&O, Currency, Commodity | Equity delivery, Equity F&O, Currency, Commodity |
| Defaulter List Status | No | No |
Frequently asked questions
How do brokerage charges compare between Motilal Oswal and Dhan?
For equity delivery, Motilal Oswal offers - while Dhan offers -. For intraday equity trades, Motilal Oswal charges - compared to Dhan at -.
Which broker has more active clients, Motilal Oswal or Dhan?
Motilal Oswal has - active clients (- market share) while Dhan has - active clients (- market share) based on primary NSE disclosures.
What are the account opening and Demat AMC fees for Motilal Oswal vs Dhan?
For Motilal Oswal, account opening is Free and annual Demat AMC is -. For Dhan, account opening is Free and annual Demat AMC is -.
Is Motilal Oswal or Dhan better for beginners?
Both Motilal Oswal and Dhan are SEBI-registered intermediaries. Beginners often look for low delivery brokerage, intuitive mobile apps, and prompt customer support. Compare delivery charges (- vs -) and complaint rates (- vs -) to decide which matches your investment style.
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Source: SEBI recognised-intermediary register, NSE monthly active client disclosures, and official broker rate cards. Methodology · Sources & lineage · All comparisons