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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 38 votes
Rated 3.4 stars Rated 3.3 stars Rated 2.9 stars Rated 3.5 stars Rated 3.3 stars Rate
              

67. Vihar  Mar 24, 2009 3:22:30 PM IST |  Reply 

according to me MINIMUM Brokerage is Rs:10.00

and over that they r charging 2.25% of premium value.that is to high

66. Ved  Mar 19, 2009 3:08:34 PM IST |  Reply 

Hi,

I need to know the minimum broking charges for options.
and it will be helpful if you send me details regarding account opening

65. DR JAIBIND JHA  Mar 18, 2009 10:02:38 AM IST |  Reply 

IS ANY BODY OF Email IS ABLE TO CORRECT THE DEFUNCT ESBI 153905.I HAVE LOST MY PRECIOUS TIME AFTER THIS TRADE. STILL IAM UNABLE TO PURCHASE OR SELL MY SHARES, BECAUSE OF PERMISSIONES,WHAT IS THE PROBLEM WITH U PEOPLE, WHY NOT I SUE YOU FOR MENTAL HARRASSMENT AND LOSS OF REVENUE IN COSUMERS COURT ?

AWAITING A LEGAL INFORMATIONS ON MY e-mail WITHIN ONE WEEK.

64. shailesh p jadhav  Mar 11, 2009 8:24:26 PM IST |  Reply 

please give me information of online trading account for active traders with intraday charts & end of day charts, i have already demat A/C with you but that is very simple and not use for intradaytraders.

63. sumit  Mar 9, 2009 4:51:05 PM IST |  Reply 

i have sbi a/c plz tell me how can i open demat and trading account help me fast my mob no is 09023783706

62. amit shelar  Mar 6, 2009 6:41:32 PM IST |  Reply 

at the time of opening the account with the MOTILAL OSWAL i had transfered my portfolio to motilal oswal from other broker. after transfering og portfolio it was liquidated. i got the liquidation letter but not the value at the time of liquidity. according to my valuation cmp must be 30000 but i am doing the transaction on 15000 margin let me know the real value of liquidity and the remaining 15000 where are they.

61.  jaibind jha  Mar 5, 2009 1:06:17 PM IST |  Reply 

still i am informed about insufficient in all purchases.by 8 months my time is wasted,will someone provide me the specific permissions purchases, what services ur providing to customer

60. abhay  Mar 5, 2009 2:07:48 AM IST |  Reply 

please give me information for demat account,
just like account opning charge-
broking charge and all information
Details of demat account opening,
trading charges
account in which banks required.i m small trader.which broker i refer

59. Hiren Shah  Feb 20, 2009 6:49:30 PM IST |  Reply 

I am very disappointed with minimum brokerage charges of 20.00. Moreover, agents kept saying its not applicable to you, where as ground reality is different. Should avoid MOSL...

58. P.Rajaram  Feb 9, 2009 10:59:13 PM IST |  Reply 

Dear sir,i couldnot see my balance and trade details in backoffice.my username and password does not work mosl.please clarify and helpme how could i know my account details

57. Gavade Santosh  Feb 4, 2009 11:14:12 AM IST |  Reply 

Details of demat account opening,
trading charges
account in which banks required/ available with you

56. Kishore  Feb 2, 2009 1:43:52 PM IST |  Reply 

With such high brokerage of minimum Rs 20 for every contract note Motilal is the having the highest brokerage charges. People should avoild Motilal.

55. sabyasachi mishra  Jan 31, 2009 9:30:57 PM IST |  Reply 

I have opened a savings bank account with SBI.Also got a Motilal Oswal trading account attached to it.
I want to have a idea of the trading process with motilal oswal since it is the first time..I live in bangalore .

can u sugest me any of the branch or concerned person in bangalore so that i will be helped in this matter.

54. Ramesh Chandra Goyal  Jan 30, 2009 7:18:04 PM IST |  Reply 

I Ramesh Chandra Goyal Esbi-200557 Indoc No. 46891, an SBI employee in permanently posted at SBI Main Branch open a Dmat Trading account in super saving 5000 in this month. I was not made understand tyerms and conditions of this plan by your representative posted at this branch and Rs 5000/- has been debited to my account. I therefore request you to convert this plan in classic i,e, zero balance and refund my deposit amount Rs 5000/- and oblige.
Thanks.

53. VIHAR  Jan 30, 2009 8:02:35 AM IST |  Reply 

So according to current brokerage structure

If you u do daily 26700 rupee intraday
OR
If you u do daily 4000 rupee delivery

than & than this new brokerage is suitable for you...........

52. vihar  Jan 30, 2009 7:55:06 AM IST |  Reply 

FROM MOTILAL OSWAL

IMPORTANT INFORMATION FOR ALL OUR CUSTOMERS

Dear Customer,

We would like to bring to your notice that starting 1st February 2009 a minimum of Rs. 20 will be charged per contract note, per exchange. This is meant for a total trade in a day per exchange in cash segment done by any customer.

Illustration:
Customer A trades for X amount in NSE and Y amount in BSE. His total transactions are of both delivery and intraday nature. At the end of the day incase his transactions in NSE generates a total brokerage of Rs.16 and his transactions in BSE generates a total brokerage of Rs.18 we will charge Rs. 20 for each exchange totaling to Rs. 40 instead of Rs. 34.

Please note that NSE Future and Option segment is not included in minimum brokerage criteria and would have brokerage as applicable.

For any further assistance you may get in touch with our customer service desk on 022-30738000, alternatively you can use web query module available in your back office - report section. You can also email your query on Email.

We look forward for your continuous support.

Best Regards,
Customer Service
Motilal Oswal Securities Ltd.

Motilal Oswal Securities Ltd.
Regd. Office: Palm Spring Centre, 2nd Floor, Palm Court Complex, New Link Rd.,Malad (W), Mumbai - 400 064
NSE F & O: INF231041238, NSE CASH: INB231041238, BSE CASH: INB011041257 BSE F&O INF 011041257 PMS-INP 000000670 AMFI-ARN 17397 CDSL-IN-DP-CDSL-09-99 NSDL-IN-DP-NSL-152-2000 NCDEX CMID MS 0114* MCX 29500*
*Through Motilal OSwal Commodities Broker Pvt. Ltd.

51. Vihar  Jan 29, 2009 3:59:15 PM IST |  Reply 

Don't open Account in Motilal Oswal If you are very small trader..........

Service is good But brokerage is to high

For Intraday Brokerage is 7.5paise per 100 rs
For Delivery Brokerage is 50paise per 100rs
In Option Trading 2.5% brokerage is applicable.

AND VERY IMPORTANT

FROM 1ST FEBRUARY MOTILAL IS REDUCED ITS MARGIN AMOUNT IN INTRADAY 3% WHILE OTHERS GIVE YOU 5% & MORE.

ANOTHER DISASTER IS THEY NOW TAKE MINIMUM BROKERAGE 20 RS PER EXCHANGE TRADE.

THAT MEANS IF YOU BOUGHT 1 SHARE AT DELIVERY THAN INSTEAD OF 50PAISE THEY TOOK 20RS DIS CASTING...........

AND IF YOU TRADE IN BOTH EXCHANGE THAN TOTAL MINIMUM BROKERAGE IS 40 RS.

AVOID MOTILAL

ISSUED IN PUBLIC HELP...............

50. pappu kumar suman  Jan 20, 2009 5:09:09 PM IST |  Reply 

please information for demat account,
just like account opning charge-
broking charge and all information

49. Imran Kadri   Jan 8, 2009 9:10:20 AM IST |  Reply 

motilal oswal now offers trading on only limited no. of scrips...u can find the list in BO REPORT >> TRADING >> UPDATED LIST..
the scrip u r tryin may not be in the list..

48. JAIBIND JHA  Jan 7, 2009 4:59:04 AM IST |  Reply 

ESBI 153905, NOW I CAN MAKE LIEN,BUT NOW A DIFFERENT PROBLEM- WHEN I WISH TO PURCHASE AN EQUITY/SHARE A MESSAGE APPEARS" ESBI 153905 DOES NOT HAVE SUFFICIENT PERMISSIONS TO PLACE ORDER ON ------------(SHARES NAME) FROM INTRADAY/DELIVERY"

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