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, ...
I had a very bad experience with Motilal Oswal. If u will have any query there will be none to answer. Fram last 5 months Iam not able to acess their website. I had even send many queries regarding the website. But, they didnt reply.
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.
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 2, 2008 11:08:50 AM 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 ?
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
19. senthilkumar. C Mar 15, 2008 1:22:37 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.
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
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 10:35:04 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
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 5, 2008 7:45:33 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.
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.
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