Motilal Oswal Stock Trading, Demat, Brokerage and Reviews
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, Institutional Equities, Private Equity, Investment Banking Services and Principal Strategies.
Company have a diversified client base that includes retail customers (including High Net worth Individuals), mutual funds, foreign institutional investors, financial institutions and corporate clients. They are headquartered in Mumbai.
Motilal Oswal Rated 3.56 / 5 based on 27 customer reviews
Overall Rating
Fees
Brokerage
Usability
Customer Service
Motilal Oswal's Trading Platforms
Web Platform:
Web Platform is suited for first time investors who want a clean and simple interface. Investor can trade from any internet connected PC and place the order with instant confirmation.
Desktop Platform:
Desktop Platform is suitable for those investors and traders who want live market watch and faster execution.
Mobile Platform:
Mobile platform works on most GPRS enabled mobile phones. Investor can directly buy/sell from market watch. It also provides the facility to modify or cancel the pending orders.
Call N Trade:
Call N Trade Platform is suitable when investor don't have online access to their trading site. All Motilal Oswal customers enjoy Call N Trade services at no additional cost.
Account Types
Value Pac:
Value Pac is the upfront subscription scheme, which gives significant discounts in brokerage rates with defined time period to use it. With the wide range of Value Pacs, based on the Volume of Trade and the Validity period one can enjoy the benefits of placing trades at reduced charges.
Margin account:
Margin account is suitable for those who don't want to commit to a Value Pac (upfront subscription). In Margin Account investor have to give defined upfront margin amount at the time of opening the account.
Process to open an online trading account with Motilal Oswal?
To open an online trading account with Motilal Oswal, Investor has to fill up the application form, make an online payment as per the scheme details and submit the form electronically.
Once the investor have submitted the online application form, one of the representative from Motilal Oswal will contact the investor and get the signatures on the application form submitted by investor and collect all the documents/proofs.
Once they have verified the application form and supportive documentation, they will activate the account. This will normally happen within 3-5 working days.
After the activation of the account, PIN mailers containing the password will be sent on correspondence address.
List of documents required to open an acount
Proof of Identity – Copy of PAN Card
Proof of Address – Copy of any one of the following (Self Attested)
Passport
Ration card
Voter’s ID
Driving license
Electricity bill (not more than 2 months old)
Landline Telephone Bill (not more than 2 months old)
Bank Pass Book
Bank Proof – Copy of Bank Pass Book or Personalized Cheque leaf (For Existing Bank Account Holders Only)
3 Photographs
Motilal Oswal Advantages
Wide Range of Investment Choices- Equity, Derivatives, IPOs Or Mutual Funds.
Discounted Brokerage Schemes that offers true value for money.
Complete Ease of Operation with more than 39 banks for Fund Transfer.
196. Narasimha Raju Mar 20, 2013 12:38:38 AM IST | Reply
One of the worst websites , very bad user experience website No direct fund transfer from reputed banks. They inefficient ways Acct Maintenance is highly charged to the customer. Brokerage is high for cash market, its useless there , better choose any other broker. if you are high volume trader with small profit margin, you profits will be eaten by the this broker. Not at all recommanded to trading with this broker, No proper recomendations /advises from broker on daily basis. Overall very bad one.
Rated 'Very Poor' in all category.
195. EKTA JAISWAL Mar 19, 2013 11:22:09 PM IST | Reply
Your company is associated with Master Trust Financial Services. This is worst company in India. They are thug and always plans to rob money of the client. They charge so many hidden charges from the client. they even do not write service tax code no on their contract notes doing evasion of service tax of central govt.
194. JAYESH SHAH Nov 28, 2012 9:21:30 AM IST | Reply
Good Keep it up !!!..Need to work out for brokerage charges..Make it as lowest possible. will help to increse turnover.
Ratings:
Brokerage - Average Account Maintenance Fees - Above Average Website Usability - Above Average Customer Service - Average Overall Experience - Above Average
193. SAHANA.S Nov 09, 2012 11:22:08 AM IST | Reply
i have opened the account in motilal oswal securities limited, if i have introduce some person in motilal oswal, have i any benefit in my side, have any benefit please send the message in my mail id
192. R.RAMAKRISHN AN Jul 14, 2012 2:31:03 PM IST | Reply
have you ever compared the brokerage structure of Zerodha.com brokerage house. you will be amazed. while all other brokerage houses charges say xx % or Rs.XX WHICHEVER IS HIGER. whereas in zerodha.com brokerage firm the brokerage structure is the opposite. Irrespective of the segment i.e. NSE/BSE share/commodities futures/ forex futures,and irrespective of the number of shares/lot size, your brokerage is fixed - Rs.20 on the buy leg and Rs.20 on the sell leg that is all! + the usual statutory levies - SERVIC E TAX, STT, TURNOVER CHARGES, STAMPDUTY which is common for all brokerage houses. Try and see for your self the difference.
They have provided a breakeven calculator on their website in the link called PRICING which is really a wonderful tool for traders to decide the return on investment beforehand to offload a position and profit from it. go to their site zerodha.com and see how your broker has so far looted you.
there should be some securities in which students can invest. this will increase the number of demat a/c's n also students will be able to put there theoritical knowledge into practical.so there should be some securities and some special facilities for student which can provide our new generation a good platform to start with.
motilal oswal is the worst services provider i got the account in motilal oswal online trading account but it is useless always inors not connecting is not connected he is blady staff working overthere on mail those blady staff not responding from last two month iam facing the problem
Ratings:
Brokerage - Very Poor Account Maintenance Fees - Very Poor Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Very Poor
I found brokerage high for my consumption, I wonder how rich these brokers were since they charge brokerage each time, whether you gain or suffer a loss. If more lower middle class people have to be invited to join the equity market, brokerage should be substantially reduced. Particularly, that minimum brokerage of Rs.20/- which they charge is really dampening for small time investor/traders like me.
Ratings:
Brokerage - Below Average Account Maintenance Fees - Below Average Website Usability - Above Average Customer Service - Excellent Overall Experience - Excellent
Overall Rating - Excellent Fees - Excellent Brokerage - Excellent Website usability - Above Average Customer Service - Excellent
186. soumalya bag Jan 27, 2011 11:30:11 PM IST | Reply
motilal oswal is the worst stock broker in india...agar app online intraday treading karte ho to motilal owsal me sirf nse main hi intraday hota hai oh bhi sabhi nse listed company me nahi...unka web site jo jo company ka nam diya hua hay ap kahli ohi company par hi online treading kar paoge..uske bad agar app ek bar treading karo to apko minnimum 20 rs bokarage dena parega..i think there is one company called VENTURA whos brokarage charge is only .03%(total)fr intraday and.40%(total)4 dalivary and no a/c opening fee.there r 2 more plan availabe in VENTURA(intraday brokaraege charge.02% and .01%only) no other brokarage company provide this less price in india...
185. Raj kubadiya Jan 10, 2011 2:00:15 PM IST | Reply
My present experience says not to open a/c in motilal oswal. There are many hidden charges. Before opening the account His sales executive(Pradeep Kupse) said me that there would be no charges except brokerage. But after opening the account I have found there are many types of charges. I bought 65 ttml @20.65 and i was charged Rs. 44.12(Hidden charges) + Rs. 22.06(brokerage) = 66.18. I want to close it and transfer to other pls give me the name of good broker's name
184. Pramod Lalu Lande Nov 18, 2010 6:26:38 PM IST | Reply
Hi , i have dmat account at fortune, but its brokerages are 0.50% on delivery and 0.05% on intraday with zero annual maintainance charges. i want to switch to the cheaper. can anyone advice me the better broker with low brokerages?
183. anuj kumar rajpoot Nov 13, 2010 5:59:29 PM IST | Reply
i have maintain a dmat trading account from 2 year with u.i want purchase mutual fund from dmat account just like shares. is this possible.if not. give me sollution to sell and purchase mutual fund from internrt
Hi , Could any one plz lemme know how can i access motilal through mobile.Im having GPRS connection but not able to browse in mobile
Regards, Ronanky
181. G V BALA SUBRAHMANYAM Oct 24, 2010 5:38:32 PM IST | Reply
I am having demat online trading account with sbi mosl. Iam unable to enter with the given login id and password.Please give me new login id and pass word. Regards.
In 2007 i opened one demat account and i am buying and selling shares through one of your terminal in india.My problem is my account is online and i cant access my details and if log on to backoffice i cant see my net positiion and holdings .I accessing in uk.Kindly tell me one solution. Thanks
179. Biswajit Majumder Oct 20, 2010 7:40:08 PM IST | Reply
Dear Sir/Madam, I am willing to open an demit account in Motilal Oswal Securities Ltd.I have paid a visit in your website but didn't find any name of franchise at Agartala, Tripura though in reality its existence is there at Agagrtala.Please clarify. Kind regards Biswajit Majumder
178. APURBA KUMAR SAHA Oct 19, 2010 2:36:01 PM IST | Reply
I have not received any details of DMAT account ,which i have applied for opening. Kindly confirm immediately so that the COAL INDIA LIMITED Shares can be purchased. yours APURBA KUMAR SAHA
177. sanoj singh Sep 15, 2010 10:57:29 AM IST | Reply
sir mene motilal oswal me trading account he jisko me online trading me change karna chahta hu pl. help me
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