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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

56 votes  Rate Motilal Oswal

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.2 stars Rated 3.3 stars Rated 2.9 stars Rated 3.4 stars Rated 3.2 stars
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235. Sandeep Murali  Oct 6, 2016 12:55:56 PM IST Reply
Customer ID is E518450 and contact number is 9900522294.
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235.1. M O S L M O F S L  Oct 7, 2016 12:20:19 PM IST
Dear Sir,

Much thanks for the details ! Our representative will contact you shortly to resolve your queries.

Team MOSL
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234. Sandeep Murali  Oct 4, 2016 4:01:10 PM IST Reply
I have still not received any calls from them. I guess they just send out system generated message without any intention of resolving the issue. I am closing down the accounts in Motilal Oswal and start trading on my own with low brokerage houses like either Upstock, Zerodha. Why should we let them make money out of our losses. Once the customer base starts eroding they will learn the lesson. Guys i also request you to close down your accounts if you have the same opinion like me.
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234.1. M O S L M O F S L  Oct 5, 2016 10:09:25 AM IST
Dear Sir,

Apologies again! Without your Client Code/ Contact Details we aren’t able to reach you.
Kindly share the same & our representative will contact you within 24 hrs.

Team MOSL
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234.2. Sandeep Murali  Oct 6, 2016 1:14:22 PM IST
Client code is E518450
Contact number is 9900522294.
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233. Vimit Makkar  Sep 30, 2016 6:49:27 PM IST Reply
Customer Support is alright. But the trading calls which they give are very poor, No one can make profit from them. And the brokerage Charge is also too high.
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233.1. M O S L M O F S L  Oct 1, 2016 9:23:01 PM IST
Dear Sir,
Apologies for your inconvenience. Kindly share your Client Code/ Contact Details. Our representative will contact you shortly to resolve your queries. - Team MOSL
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232. Sandeep Murali  Sep 22, 2016 10:05:44 AM IST Reply
Motilal oswal is the worst. Client customer relationship manager doesnt have any idea. At the Beginning they claim 85% stock tips accuracy but the accuracy i am getting is not even 5%. They just give some tips which never works out. They just want the customer to do trading helping them to earn some brokerage n feees. Below are my ratings.
Advisory services - Worst
Brokerage charges - High
Trading platform - Very bad
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232.1. M O S L M O F S L  Sep 22, 2016 6:27:39 PM IST
Dear Sir,
Apologies for your inconvenience. Kindly share your Client Code/ Contact Details. Our representative will contact you shortly to resolve your issue.- Team MOSL
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231. yashwant  Sep 1, 2016 12:37:54 PM IST Reply
no body contact me from your company. your msg is prefeeded in server" Dear Sir, Apologies for your inconvenience. Our representative will contact you shortly. -Team MOSL"
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231.1. M O S L M O F S L  Sep 1, 2016 5:47:54 PM IST
Dear Sir,
Apologies for your inconvenience. Kindly share your Contact details/Client Code. Our representative will contact you shortly. - Team MOSL
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230. Gopal CHANDRA kundu  Aug 26, 2016 9:37:54 PM IST Reply
Customer service is excellent.Miss Meghna Gupta is doing excellent job
I am facing lots of problem as my account is under franchise. High brokerage eating my profit.In equity future segment it is .08%...My client code NVS 4020.Thinking to stop trading due to high brokerage


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Excellent
Website Usability - Below Average
Customer Service - Excellent
Overall Experience - Average
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230.1. M O S L M O F S L  Aug 27, 2016 1:17:58 PM IST
Dear Sir, Apologies for your inconvenience. Our representative will contact you shortly. -Team MOSL
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229. Yashwant patel  Aug 23, 2016 12:36:27 PM IST Reply
Payout money process very delay
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229.1. M O S L M O F S L  Aug 27, 2016 1:30:38 PM IST
Dear Sir, Apologies for your inconvenience. Kindly share your Contact details/Client Code. Our representative will contact you shortly. - Team MOSL
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228. surendra kumar mittal  Aug 14, 2016 10:22:43 PM IST Reply
no effective inclusion for modification and cancellation of order form in mobile application,tablet application please clarify/ my account RSJR1228
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228.1. M O S L M O F S L  Aug 17, 2016 6:16:14 PM IST
Dear Sir, Apologies for delay & inconvenience. Our representative will contact you shortly to resolve your queries. - Team MOSL
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227. Sachin Natekar  Aug 9, 2016 5:12:51 PM IST Reply
I am holding an account with motilal. please let me know the broking charges for delivery/intraday and value plus option for equity.

Thanks in advance..
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227.1. M O S L M O F S L  Aug 10, 2016 2:58:32 PM IST
Dear Sir, Kindly share your client code/contact details. Our representative will contact you shortly to solve your queries. - Team MOSL
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226. Rohit Jadhav  Jul 30, 2016 5:21:38 PM IST Reply
Untrained relation ship mangers/sales executives. No back office support, no grievance processing,

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Above Average
Customer Service - Very Poor
Overall Experience - Below Average
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226.1. M O S L M O F S L  Aug 1, 2016 3:29:00 PM IST
Dear Sir,
Apologies for the inconvenience. Request you to share your contact details (Mobile number/Client Code). Our senior representative will contact you shortly to resolve your issues.– Team MOSL
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225. chethan  Jul 10, 2016 12:46:23 AM IST Reply
Bad customer service, poor platform, Had very bad experience with broker and customer service person

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
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225.1. M O S L M O F S L  Jul 11, 2016 3:05:27 PM IST
Dear Sir,
Apologies for your inconvenience. Kindly provide your contact number, our representative will contact you shortly to prioritize your query. - Team MOSL
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224. Baidyanath Jena  Jul 9, 2016 11:04:42 AM IST Reply

I have filled the form since 28 june. Yet I havent received confirmation call or reply through email. Is there any way to talk with the authority. I need a toll or contact number if possible.
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224.1. M O S L M O F S L  Jul 11, 2016 3:06:29 PM IST
Dear Sir,

Apologies for your inconvenience. Request you to share your contact details.
Our representative will contact you shortly for completion of your account opening process.

-Team MOSL
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224.2. sumeet saurav  Sep 30, 2016 11:31:34 PM IST
very bad services
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223. Avadhoot bhandare  Jun 22, 2016 4:19:46 PM IST Reply
Customer Care response is worst. They are nor informing the customers for any changes. When the customer approaches them, they take lot of time to reply. Time is very important for equity market. If they can not answer technical / software issues, customer will make huge losses. They are changing the software/ platform.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
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223.1. Rama Swamy  Jun 23, 2016 12:24:04 PM IST
Dear Sir,

Apologies for your inconvenience. Request you to share your contact details (Mobile number/Client Code). Our representative will contact you shortly to resolve your issues. – Team MOSL
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222. Amit  Jun 7, 2016 10:35:41 PM IST Reply
Real bad Customer Service. For all purpose they will ask you to reach out to the franchise and Franchise will be completely clueless about how to solve issue.

I wanted to pledge my govt. bonds for education loan from Bank - Neither support team nor franchise able to help

Client Id - AG449

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222.1. M O S L M O F S L  Jun 9, 2016 5:30:25 PM IST
Dear Sir,

Our representative contacted you & explained the process to pledge tax free bonds. Our team has couriered the form on your registered address.
Hope your query is resolved.

Team MOSL
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221. Amit  May 25, 2016 9:26:43 PM IST Reply
What they commit and deliver is different.
Lots and lot''s of follow up.
There mobile app crashes at 9:15 when market starts many time.


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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221.1. M O S L M O F S L  May 31, 2016 3:19:15 PM IST
Dear Sir,
Apologies for your inconvenience. Request you to share your contact details (Mobile number/Client Code). Our representative will contact you shortly to resolve your issues. – Team MOSL
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220. Rajeev Kumar  Feb 3, 2016 1:33:28 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 2:57:21 PM IST Reply
worst broker motilal oswal
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218. anil  Jan 23, 2016 6:19:45 AM IST Reply
better go on samco better than others
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217. Krishna  Jan 14, 2016 1:30:30 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 1:37:07 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 9:54:09 PM IST Reply
Lkon013 i request brokerage down plz

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