Offering
Equity Broking
Demat and trading accounts, futures and options, IPOs and Intelligent Model Portfolios from MOFSL, with EquityBox as its Authorised Partner.
- Regulated by
- SEBI and the stock exchanges
- Provided by
- Motilal Oswal Financial Services Limited (MOFSL), a SEBI-registered stockbroker
- Our role
- Authorised Partner of MOFSL
- Often considered by
- Investors who want to hold listed shares, ETFs or other exchange-traded securities directly in their own name.
What’s included
- Demat and trading account opening with MOFSL
- Trading in listed shares, ETFs and other exchange-traded securities, and applications in IPOs
- Futures and options (derivatives), once MOFSL has activated the segment on your account
- Access to MOFSL’s Intelligent Model Portfolios
- Help with KYC, documentation and account changes
- Help reading contract notes, statements and charges
Derivatives: futures and options
Futures and options (F&O) on shares and indices, traded on NSE and BSE through your MOFSL trading account.
- MOFSL’s role
- Motilal Oswal Financial Services Limited (MOFSL) is the SEBI-registered stockbroker. It decides whether to activate the F&O segment on your account, sets and collects margins, executes and settles your trades, and issues contract notes and statements.
- EquityBox’s role, as MOFSL’s Authorised Partner
- As MOFSL’s Authorised Partner, EquityBox helps you apply for the F&O segment with the documents the broker asks for, and takes up account and service questions with MOFSL. We do not give trading calls, strategies or tips.
How it works
- A future is a contract to buy or sell a share or index at an agreed price on a set date. Both sides must honour it, and gains and losses are settled every trading day.
- An option gives the buyer the right, but not the obligation, to buy (call) or sell (put) at an agreed price until expiry. The buyer pays a premium; the seller receives it and takes on the obligation.
- Each contract has a fixed lot size and expiry date. You need margin money in your account, which is only a fraction of the contract’s value.
- MOFSL activates the segment only after checking your eligibility, which includes proof of income.
Risks to understand
- Derivatives are leveraged: a small price move can cause a large gain or loss compared with the margin you put up. Losses on futures, and on options you sell, can exceed the money in your account.
- An option you buy can expire worthless, so you can lose the whole premium.
- If your margin falls short, the broker can ask for more money at short notice or close your positions.
- SEBI’s August 2026 study found that about 88% of individual traders in equity derivatives made net losses in FY 2025-26, after about 91% in FY 2024-25. Transaction costs added to their losses.
Intelligent Model Portfolios (IMP)
Ready-made equity portfolios available on MOFSL’s platform, each advised by a SEBI-registered investment adviser.
- MOFSL’s role
- The portfolios are offered by SEBI-registered investment advisers. MOFSL makes them available on its MO Investor app and website and acts as distributor of the advisory service. You invest through a Motilal Oswal demat and trading account, and the shares are held in your own demat account.
- EquityBox’s role, as MOFSL’s Authorised Partner
- As MOFSL’s Authorised Partner, EquityBox helps you open the account and get started, and takes up service questions with MOFSL. We do not choose a portfolio for you or advise on which to pick: the advice comes from the investment adviser who curates each portfolio.
How it works
- Each portfolio is advised by a SEBI-registered investment adviser and follows its own stated approach, with its own risk level.
- The adviser’s recommendations are advice only: you decide whether to act on them.
- You can invest a lump sum, and some portfolios also offer a SIP.
- Each portfolio has its own minimum investment and fees, set out in its documents on MOFSL’s platform. Check them before you invest.
- You can track your portfolio in the MO Investor app or website.
Risks to understand
- Equity portfolios carry market risk, including the possible loss of the money you invest. Returns are not guaranteed.
- A portfolio’s past performance does not indicate its future returns.
- Advisory fees, if any, brokerage, other charges and taxes reduce your returns. Read the portfolio’s terms before you invest.
- Registration granted by SEBI does not guarantee the adviser’s performance or assure returns to investors.
Sources: MOFSL: Intelligent Advisory Portfolios (IAP) guide (opens in a new tab); MOFSL: disclaimer for advisory portfolios (opens in a new tab)
How it works with us
- Step 1
Open your account
Online KYC with the broker using your PAN, Aadhaar, bank proof and signature.
- Step 2
Set it up
Choose the segments you need and register your nominee, as offered by the broker.
- Step 3
Place orders
You trade on the broker’s platform. Contract notes and statements come from the broker.
- Step 4
Get service
Account changes and questions come to us, and we take them up with the broker.
Things to understand first
General points only. Read the offer documents for the specific product before you invest.
- Investing in shares carries market risk, including the possible loss of the money you invest.
- Brokerage, exchange and regulatory charges, and taxes, apply to each transaction.
- We do not provide stock tips, research reports or buy and sell recommendations.
- Orders are executed on the broker’s platform. The broker is responsible for execution and settlement.
Common questions
Who holds my shares?
Your shares are held in your own demat account with a depository participant, through MOFSL.
Where do I send money for trading?
Only to the broker’s designated bank accounts. Never pay trading funds to EquityBox or to any individual.
Do you recommend stocks?
No. We do not provide research, tips or buy and sell calls.
Regulatory information
Equity broking, derivatives and IPO services are provided by Motilal Oswal Financial Services Limited (MOFSL), SEBI registration no. INZ000158836. Intelligent Model Portfolios are advisory portfolios offered by SEBI-registered investment advisers and distributed by MOFSL; the investment advice comes from those advisers. EquityBox, a brand of Vedansh Wealth LLP, is an Authorised Partner of MOFSL and does not provide investment advice.
Talk to us about equity broking
An introductory call, with no obligation to invest.