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 Motilal Oswal Customer Reviews, Complaints, Experiences & True Feedback

Motilal Oswal Securities Ltd

Incorporated in 1987, Motilal Oswal Securities Ltd is a well diversified financial services firm offering a range of financial products and services such as Wealth Management, Broking & Distribution, Commodity Broking, Portfolio Management Services, ... Know more about Motilal Oswal Securities Ltd

Stock Broker Review Ratings

Overall Rating Fees Brokerage Usability Customer Service 35 votes
Rated 3.4 stars Rated 3.3 stars Rated 3.0 stars Rated 3.5 stars Rated 3.3 stars Rate
              

24. SWAPAN KUMAR GOSWAMI  May 13, 2008 12:00:33 PM IST |  Reply 

My PIN mailer with confidential Login Password and Transaction password is yet not received on date i.e. 13.05.2008.

23. harish  May 09, 2008 9:03:15 PM IST |  Reply 

Motilal is the WORST online trading portal.

It is 2 months since i opened account & my software (EXE) trading platform is not activated. For last 3 days even the web version is not working, putting all my open positions in a mess.

Brokerage charged is higher than what was confirmed during account opening. Customer service is pathetic...Regional head does not bother to listen to my problem & executive is telling all kinds of stories.

Please avoid Motilal Oswal.

22. vinay  May 06, 2008 12:21:32 AM IST |  Reply 

respected sir,,,,,,,
i want to know abt how much percentage of exposure in basic margin in online trading.....i am on of ur account holder

21. Prashant Asalekar  May 02, 2008 12:08:50 PM IST |  Reply 

I have already got an demat a/c with you. My a/c no. is QCT 013 . The last trade made in my a/c was on 29-2-08. Since then in last two months not a single trade was done.
I contacted Mr. Dipen & Ms. Preeti in Commerce House Brach. Both were unavailable. Please send me a status report of my account & why you are not trading ?

20. Jagadish  Apr 28, 2008 5:49:21 PM IST |  Reply 

Hi
i am having demat account from pass 10 months, intially it was good and problem started slowly.
Now am not able to view online streaming and am tried to call them, every time the different person atttending and give the same thing. Being am in abroad am not able to open another account immd.

can you please advice which is better than mosl

Thanks

Jagadish

19. senthilkumar. C  Mar 15, 2008 2:22:37 PM IST |  Reply 

I am trading margin plus in icicidirect.com. I have lost much money due the web site problem and even we canot access their site for more the 5 minutes.
Its very important that whenever i am geting some profit from margin plus and automatically some unautorised loss which is 95% of my profit is debited from my acount.
So be aware of icici fraud, cheating technology software.
My advice is not to open an account in icicidirect due to so many unautorised trades of losses.
Please tell me where to complaint the broker's fraud. Please give this thing to nse and bse exchange to control the cheating of brokers.

18. pradip  Mar 11, 2008 1:13:30 PM IST |  Reply 

Motilal is one of reputated broker in Indian Stock market. I have never face any problum in trading with MOSL. I earn money through MOSL in last 3 months in bearish face of market. In Jan when most of the broker unable to buy shares that time MOSL are do buy on behalf of client who have credit balance with them. but any other place no buying was allowed to anyone. Thanx to MOSl

17. Vimal  Feb 25, 2008 11:31:18 AM IST |  Reply 

Reg. Ebroking online

The worst service and the worst Customer Service ever seen.
With Motilal Oswal Iam sure you are going to loose all your money. Moreover the online system has many security lapses.

16. niranjan kumar  Feb 23, 2008 11:35:04 PM IST |  Reply 

thank god you have not opened your trading/demat account after seeing there advertisement,count your blessing and thank your stars MOSL is 100 times better than r mo0ney in every dept excluding there customer care service (it takes minimum 10 minutes for call to go through but your mobile bill go on ticking ha do not ever think of calling R MONEY for off net trading (assisted)there help line number they make you wait for 10 or more minutes and after taking there sweet time they charge u rs 12 too and your mobile bill extra. i have trading ac in both MOSL and R MONEY

15. rspsingh  Feb 16, 2008 11:26:59 PM IST |  Reply 

Motilaloswal broker was the slowest,inaccurate and and confusing.Share purchased not shown.Line is inefficient.But is improving since two days.No instruction for BNST.

14. U.SRIKANTH  Feb 05, 2008 2:22:47 PM IST |  Reply 

I am doing online trading with Motilal oswal.recently without alloting money(one can not buy shares onine without alloting money) they bought 50 shares of SUZLON and forced me to pay the amount by holding NTPC shares which i bought a day before.calls to local office isirresponsible.Alloting shares though it is T+2 days it happens at its own time.No control.Digital contract note also does not come regularly.
online IPO faciliy was given and withdrawn without intimation. u.Srikanth

13. Meera Adolf  Jan 05, 2008 8:45:33 PM IST |  Reply 

Hi,
I have a few questions for you guys.

1)Why is the cut off time 3:10 when the market is on till 3:30?

2)Why does you system wait to square off the position after the cut off time?

3)Why does your system always square off a clients position (short or long)in a loss?

4)Does your company try to make MONEY on a clients open positions?

5)What kind of a opreation are you guys running out there with such poor customer service,dial and trade phone lines and online trade system (Bolt).

To conclude I would like to say your company is a RIP OFF and you have lost a client who used to pay your organisation 20000.00 in brokerage every month.Your organisation follows unethical business practices.

12. ohrdpl  Dec 26, 2007 7:08:59 AM IST |  Reply 

motilal oswal is disappointing. we opened two demat a/cs with sbi and trading a/cs with motilal in april07. till date its not functional due to tech glitches. then we went to hdfc securities and everything worekd from the very start! like a breeze!! hdfc is v.v.good. they r a bit expensive but extremely professional. extremely. kindly post yr comments. thx.

11. Rajesh  Dec 13, 2007 4:07:44 PM IST |  Reply 

Sir,
Can U please tell me where can i find comparison of brokerage for all these brokers given together?
Can I have a seperate d-mat account and have a broker without much hassles in fund transfer
Thank you

10. Sanket Patil  Nov 24, 2007 10:07:06 AM IST |  Reply 

i am already using u r service off-line, pl guid me for online trading with Motilal oswal
let me know details abt u r online trading service

9. M.Aushik  Nov 20, 2007 5:24:02 PM IST |  Reply 

Hi. I am looking for a good online Stock Trading Firm that provides prompt service at reasonable charge. I understand Reliance Money is the cheapest but its service is very bad. Please help me to decide on a good firm. Thanks in advance:)

8. sundar  Nov 12, 2007 6:04:40 PM IST |  Reply 

Hello!
I want deatiles of buying mutualfunds thro online. Please give your suggestions to my Mail address.
Thanks & Regords

7. maya devi jhunjhunwala  Nov 07, 2007 12:42:53 PM IST |  Reply 

I would like to trade online. Please let me know the procedure to be followed.At present I am trading Off Line & my Cliet ID no. is CL0244 which pl.note.Thanking you

6. deepak s satam  Nov 01, 2007 9:51:03 PM IST |  Reply 

i have a dmat and trading ac with u. but i understand that u do provide tips on cell, some how u have not being giving these tips on my cell? why this stepmotherly treatment?
secondly u havent even bothered to send me the booklet giving details of procedure for on line trading, please send a booklet immediately and oblige as i am new to the gammut of trading.
what is the minimum that should be kept with u for on line trading? i understand that sherekhan gives four times of the balance maintained with them, what about MOS.

5. s N Shetti  Oct 16, 2007 7:49:31 PM IST |  Reply 

I have demat account iwht iNG Vyasya Bank. Can I start trading through you. If no, what else step I need to take. Please advise.

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