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Motilal Oswal Stock Trading, Demat, Brokerage and Reviews


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Motilal Oswal Securities Ltd

Incorporated in 1987, Motilal Oswal Securities Ltd. (MOSL) is a Mumbai, India based diversified financial services firm offering a range of products and services such as Private Wealth Management, Retail Broking and Distribution, Institutional Brokin... Know more about Motilal Oswal Securities Ltd

Motilal Oswal Stock Broker Review Ratings

52 votes  Rate Motilal Oswal

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.3 stars Rated 3.3 stars Rated 2.9 stars Rated 3.4 stars Rated 3.2 stars
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220. Rajeev Kumar  Feb 3, 2016 2:33:28 PM IST Reply
Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
due to poor efficiency of slow computer Internet systems & like that, resulting which I am no in a mental agony and facing,lack of duty consciousness, lethargic and non Customer centric attitude, though I am eligible for getting Personal.this type of mental agony would not have to suffer
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219. vivek  Jan 30, 2016 3:57:21 PM IST Reply
worst broker motilal oswal
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218. anil  Jan 23, 2016 7:19:45 AM IST Reply
better go on samco better than others
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217. Krishna  Jan 14, 2016 2:30:30 AM IST Reply
if you open an account with this type of brokerage firm be aware of some of the hidden condition
1.what it write on the brokerage slab is nomean, you have ready to pay more for buying/selling of your stock.
2.if you trade on margin balance beware of your stock it sell your stock without any notice/notice few hour before if you not made margin payment before T+5 days,
3.AMO(After Market Order) is not placed by mobile/desktop site.

4.if you are not a big player in stock market just go for ZERODHA/RKSV like trader,it is awesome you feel when you made first trade without any brokerage(In ZERODHA),its worthy.
i have recently open my ZERODHA Trading account and i made an intraday purchase by just little margin like 0.05/0.10 paisa and in this i made a little profit(Depend Upon The Size Of Equity)
if you go through MOTILAL OSWAL Like trader you made a huge loss in this margin,so if you made purchase in motilal you have you wait for the time after calculating the huge brokerage charged leaved on the stock.
if the stock fall you have to wait again it comes to the position where (Breakeven Point ) Comes And you Exit without Any Gain.
5.YOU DONT''''T SEE ANY BROKERAGE CALCULATOR ON MOTILAL OSWAL WEBSITE BECATHEY CHAGE ACCORDING TO THEIR WILL IF YOU HAVE ANY DOUBT JUST SEE ON THE WEBSITE AND COMPARE THE CHARGE FROM ZERODHA/RKSV LIKE BROKER YOU SEE THE DIFFRENCE.
6.And If you think about the Service Just Note That You are not here to invest in long term(I think so) Every one want money in sort term so research work is not mandatory for intraday or for short duration equity where you have to exit your equity,(Best Option Is To GO WITH DISCOUNT BROKERAGE REGARDING THIS TYPE OF BROKERAGE)

NOTE:I am writing this becai am a suffrer,and from this if one man Teach a lesson it is good for me.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
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217.1. Hitendra Patel  Apr 22, 2016 2:37:07 PM IST
Dear krishna,

RKSV is ok but zerodha is not best. i have big lose in zerodha by PI software mi-stack, SL and Limit price both hit and i am go in big lose, his RMS team is not given me satisfied solution ...
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216. Ranjana Srivastava  Jan 5, 2016 10:54:09 PM IST Reply
Lkon013 i request brokerage down plz
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215. krishna jha  Jan 1, 2016 12:34:17 PM IST Reply
worst broker in india.
wrong charges taken by motilal oswal every time
they wil not provide you any written commitment.


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
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214. Vetri Vasikaran  Dec 18, 2015 10:43:37 AM IST Reply
Excellent in Service providing, excellent for people those who especially do trading in the options segment with an accuracy rate of 85%, their charges are even affordable as
Mr. Raamdeo Agarwal and strong research team makes the client to earn a better returns comparing with other brokers be it for intra day, short term or long term.
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213. Lekhram  Dec 12, 2015 12:58:18 PM IST Reply
Good Sarvesh

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
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212. Sunny Indra Singh  Dec 7, 2015 10:13:20 AM IST Reply
Lifetime fees are completely waived off which is the best offer. also the Mobile app has been excellently designed to meet user needs. Over and above online account opening process is very smooth and hassle free. overall a very good experience. One should definately look forward for Motilal oswal account and services.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Excellent
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211. H Radhakrishnan  Nov 2, 2015 3:58:55 PM IST Reply
Service and no pestering to buy or trade

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Above Average
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210. deepak jadhav  Aug 11, 2015 5:52:00 PM IST Reply
MOTILAL OSWAL IS BETTER AND BIGGER BROKER IN INDIA . BUT GROWING CONCEELING AND CLIENT CONFIDENECE

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Above Average
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209. s d ghosalkar  Jun 12, 2015 1:39:09 PM IST Reply
do not open your trading a/c with motilal oswal as they are careless and their research team is worst. they make promises and do not fulfil them.. i m having 8 a/cs with them invested Rs.4.50 lacs and now within 6 months the balance is hardly Rs.3000.00 their dealers only for incentive purpose they will make you promises even when the balance is going in negative side there is aggresive trade from the dealers ..hopeless brokers. not fit to be in market they are looting their clientele as wellas their dealers are advising to close a/cs in motilal oswal and to open a/c with other brokers where they are sub brokers..
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208. akshay khake  May 5, 2015 2:15:19 AM IST Reply
motilal oswal agents said to me invest minimum 10000 rupees first time...
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207. anirudh thattey  Mar 18, 2015 9:46:14 AM IST Reply
I am holding an account with motilal oswal . Actually the brokerage on paper is very attractive but when you trade it is pinching in many cases it comes to even INR 5 % to 25 % of traded value . when you complain about it they will show some 1980 - 1990 rule to justify

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Below Average
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206. Kalpana Kucheria  Sep 9, 2014 12:45:17 PM IST Reply
Hello,

My username is E621165 and name is Kalpana Kucheria.

About a month ago I submitted my account closure documents at the T Nagar Branch, Chennai along with my CMR. I received a call after 2 weeks saying that the closure was not possible as there was a credit balance of 651 in my ledger and 500 in my margin. I transferred the ledger balance myself and when I contacted the customer care on 91-22-39982515, they told me to get in contact with a person called C Jayakumar from the T Nagar branch. I called him up and he assured me that the transfer of margin balance would get completed at the end of that day. Its been 10 days today and C Jayakumar is still telling me that the transfer will take some more time. All I want you to do is transfer my margin credit balance to my Bank account and close my MO acc forever. Why can''t you do that for me? And this C Jayakumar has stopped answering my calls since the last 3 days. I called him from a different number and he picked it up immediately.

I want you to immediately process my account closure and ensure that my shares get transferred to my new broker IL&FS before Friday.

What sort of a pathetic stock broker are you?

Kalpana
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205. Arunachalanadar ganesan  Sep 6, 2014 2:59:23 PM IST Reply
Even IIFL has also changed brokerage pattern, now they are charging minimum Rs 25/- per scrip
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204. Aman  Aug 17, 2014 3:09:48 AM IST Reply
There is recent change in the brokerage charges of Motilal Oswal. Now they are charging atleast Rs 20 on delivery for every trade. This recent surge in brokerage charges is not competitive in the market.
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203. anand  Mar 19, 2014 9:14:41 AM IST Reply
motilal oswal is the worst service in my life, customer service is very very bad no response many times i am calling not attend the call,and no following,and rate is very poor
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202. hitesh patel  Feb 16, 2014 1:56:07 PM IST Reply
open account in 23 december 2014 with free of cost advanced chart facilities,but after 15 days they stop chart facility and say that you have to pay for this facilities....very poor copmliance..n service
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201. kumar  Jan 9, 2014 8:55:30 PM IST Reply
Today i submitted d papers fot account opening feeling bad when there branch mgr gururaj asked me to give all details of my holdings of sharekhan&other account.i gave them xheq of25k was knowing hv enough balance to pay it..wl anyone show how much welth u r hving or not hving thats personel&thretning too. wd them.bad .getting demotivated to open account&do further transaction.

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