Feedback Message Board

Motilal Oswal securities Ltd in Malad West is a den of frauds and cheaters. The advisors Dev Parekh, Akash Rai, Sabir Ansari etc and others are all cheaters and frauds. They will entice you will lucrative trade advises and immediately lose all your hard earned money in just a matter of few trades. The also charge high brokerages. They will not take any responsibilities and stop entertaining your follow ups. Their senior managers all whom you call will do nothing about your complaints. Customer care, greviences department will not respond to your emails or phone complaints. They keep targeting new account holders and defraud them till their accounts are empty. This company is a huge scamsters and government, SEBI, police, courts should take action against them and Blacklist them and arrest the frauds working in the company on behalf of their bosses. The media should expose their rackets. The public should be made aware these scam syndicate called Motilal Oswal and desist from falling into their traps.

Yes it's really true that they big fraud and cheaters. Just for their brokerage they trade on your account and for 1000 rs profit they charge you lot of brokerage. I have personally being victim of this and they have no answer for this. Please everyone be aware of this fraud company.