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Motilal Oswal Stock Trading, Demat, Brokerage and Reviews 2020


7.44% 346,092 Clients

Incorporated in 1987, Motilal Oswal Securities Ltd. (MOSL) is a Mumbai, India based diversified financial services firm. The company offers trading services in Equity, Commodity, Currency and Derivatives. It also offers other products like Mutual Funds, IPOs, Gold, Insurance and Fixed Income products. MOSL is widely recognized for its MOAMC discretionary Portfolio Management Service (PMS). The PMS has a strong track record and consistently outperformed the benchmark across market cycles since its inception in 2003

Motilal Oswal has diversified client base that includes retail customers (including High Net worth Individuals), mutual funds, foreign institutional investors, financial institutions and corporate clients.

As of March 2018, Motilal Oswal had a network spread over 500+ cities and towns comprising 2,200+ Business Locations operated by the company and its Business Partners. The company has over 10,00,000 registered customers with over Rs 69,500 Crores in depository assets.

Solid research is considered as the foundation of Motilal Oswal Securities. Almost 10% of revenue is invested in equity research. The company has dedicated teams for large-cap, mid-cap and technical research. It has published more than 30,000 research reports on over 260 companies spread across 21 sectors. From a fundamental, technical and derivatives research perspective, Motilal Oswal's research reports have received wide coverage in the media. It was awarded India 's Best Market Analyst Award for IT & FMCG sector by Zee Business.

Special Offer: Get Zero AMC for Lifetime (with ₹25k margin or ₹3k Value Pack) for limited time. Get the offer

Motilal Oswal Ratings

Overall Rating Rated 2.6 stars 2.6/5
Fees Rated 2.9 stars 2.9/5
Brokerage Rated 2.5 stars 2.5/5
Usability Rated 3.0 stars 3.0/5
Customer Service Rated 2.8 stars 2.8/5
Research Capabilities Rated 2.3 stars 2.3/5

Based on 88 Votes by Motilal Oswal Customers

Do you trade with Motilal Oswal? Rate Motilal Oswal

Information about Motilal Oswal account opening, Motilal Oswal open account, Motilal Oswal opening charges, Motilal Oswal account opening charges, Motilal Oswal account opening status, Motilal Oswal amc charges, Motilal Oswal account charges, Motilal Oswal account closure


Motilal Oswal's Trading Platforms

Motilal Oswal offers a range of online trading software. Following are few popular trading softwares offered by Motilal:

  1. MO Investor (Trading Website and Mobile App)
  2. MO Trader
  3. Desktop Application (Installable Trading Terminal)
  4. Smart Watch (App for Android and Apple Watch)

Read Motilal Oswal Trading Software Review for info about Motilal Oswal platform, Motilal Oswal trading platform, Motilal Oswal trading software, Motilal Oswal trading demo, Motilal Oswal Demo, Motilal Oswal download, Motilal Oswal software download, Motilal Oswal software, Motilal Oswal stop loss, Motilal Oswal trading and Motilal Oswal trading account.


Account Types

  1. Default Account

    The standard trading and demat account offers a wide range of investment options customized to suit your time horizon & risk appetite. This account offers trading in investment in Equity, Derivatives, Commodity, Currency, Mutual Funds, IPO, PMS, Insurance and Fixed Income Products. The default account type is for casual traders and long term stock market investors.

  2. Value Pack

    Value Pack Account is the upfront subscription scheme, which gives significant discounts in brokerage rates. With the wide range of value packs available, customer can choose and enjoy the benefits of placing trades at reduced charges. The brokerage charges in value pack are explained below. Value packs are for frequent traders who actively trade on a daily basis.

  3. Margin Pack

    Margin Pack Account is the upfront committed margin account, which gives significant brokerage discounts. With the wide range of margin packs available, customer can choose and enjoy the benefits of placing trades at reduced charges. Margin Scheme is for frequent traders who actively trade on a daily basis.

Motilal Oswal Special Offers

Get Zero AMC for Lifetime

Motilal Oswal offers Zero AMC for Lifetime Demat Account (₹400 waived) with ₹25k margin or ₹3k prepaid value pack. Also avail ₹3k woth of discount vouchers, ₹1000 worth of Me-Gold, free access to research & advice and free use of trading platform.

This is a limited time offer. Simply leave your contact information with us and Motilal Oswal representatives will contact you.


Motilal Oswal Brokerage Charges 2020

Motilal Oswal Account Opening Charges

TransactionCharges
Trading Account Opening₹1000 (One Time)
Trading Annual Maintenance (AMC)₹0
Demat Account Opening₹0
Demat Account Annual Maintenance (AMC)₹299

Trading Brokerage

Motilal broking services offer 3 unique trading plans. Customers could choose one of these as per their requirement.

1. Default Brokerage Plan

The default plan is for casual investors in the stock market. This plan is a basic plan. It includes the majority of services including access to research and advisory and free online trading software. The brokerage charges in this plan are highest.

Motilal Oswal Default Brokerage Plan
SegmentBrokerage
Equity Delivery0.50%
Intraday Cash or Future - Equity and Commodity0.05% (both side)
Options - Equity₹100 per lot (both side)
Currency F&O₹20 per lot (both side)

2. Value Pack Plan

The Value Pack is a prepaid brokerage plan which offers cheaper brokerage when you pay an upfront fee. This plan is for active traders. There are 7 options available in value pack starting from the upfront fee of Rs 2500 to Rs 1 Lakh.

Motilal Oswal Value Pack Scheme Brokerage

SegmentBrokerage
Equity Deliveryfrom 0.10% to 0.40%
Intraday Cash or Future - Equity and Commodityfrom 0.01% to 0.04% (both side)
Options - Equityfrom ₹20 to ₹50 per lot (both side)
Currency F&Ofrom ₹10 to ₹22 per lot (both side)

Motilal Value Pack Scheme Detail

Scheme name VP2KLT (Online) VP3KLT(Online) VP5KLT VP10KLT VP30KLT VP50KLT VPILACLT
Upfront Fees (one time) ₹2,500 ₹3,000 ₹5,000 ₹10,000 ₹30,000 ₹50,000 ₹1,00,000
Validity Lifetime Lifetime Lifetime Lifetime Lifetime Lifetime Lifetime
Account Opening Fee ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Demat Account AMC (1st Year Free) ₹299 ₹299 ₹550 ₹550 ₹550 ₹550 ₹550
Delivery Brokerage 0.40% (min 2 paise) 0.35% (min 2 paise) 0.30% (min 2 paise) 0.25% (min 1 paise) 0.20% (min 1 paise) 0.15% (min 1 paise) 0.10% (min 1 paise)
Intraday Cash (Equity) (both side) 0.040% (min 1 paise) 0.035% (min 1 paise) 0.030% (min 1 paise) 0.025% (min 1 paise) 0.020% (min 1 paise) 0.015% (min 1 paise) 0.010% (min 1 paise)
Intraday Futures (Equity & Commodities) (both side) 0.040% (min 1 paise) 0.035% (min 1 paise) 0.030% (min 1 paise) 0.025% (min 1 paise) 0.020% (min 1 paise) 0.015% (min 1 paise) 0.010% (min 1 paise)
Options (Equity) (both side) ₹50 per lot ₹45 per lot ₹40 per lot ₹30 per lot ₹25 per lot ₹25 per lot ₹20 per lot
Options (Currency) (both side) ₹22 per lot ₹20 per lot ₹18 per lot ₹15 per lot ₹12 per lot ₹12 per lot ₹10 per lot

3. Margin Scheme

Motilal Oswal Margin Scheme is for frequent traders. The brokerage charges in this plan keep reducing when you commit higher margin money in your trading account.

Motilal Oswal Margin Scheme Brokerage

SegmentBrokerage
Equity Deliveryfrom 0.15% to 0.50%
Intraday Cash or Future - Equity and Commodityfrom 0.015% to 0.05% (both side)
Options - Equityfrom ₹25 to ₹100 per lot (both side)
Currency F&O₹20 per lot (both side)

Motilal Oswal - Margin Scheme Charges

Scheme Margin ₹0 to ₹24999 Margin ₹25000 to ₹49999 Margin ₹50000 to ₹99999 Margin ₹100000 to ₹299999 Margin ₹300000 to ₹499999 Margin ₹500000
Trading Account AMC ₹800 per year ₹299 per year ₹299 per year ₹299 per year ₹299 per year ₹299 per year
Admin Charges ₹199 per year ₹199 per year ₹199 per year ₹199 per year ₹199 per year ₹199 per year

Motilal Oswal - Margin Scheme Brokerage

Scheme Margin ₹0 to ₹24999 Margin ₹25000 to ₹49999 Margin ₹50000 to ₹99999 Margin ₹100000 to ₹299999 Margin ₹300000 to ₹499999 Margin ₹500000
Equity Delivery Brokerage 0.50% (Min 5 Paise) 0.40% (Min 3 Paise) 0.30% (Min 3 Paise) 0.25% (Min 3 Paise) 0.20% (Min 2 Paise) 0.15% (Min 1 Paise)
Equity Intraday Cash & Future (Both side) 0.05% ( Min 5 Paise ) 0.04% (Min 4 Paise) 0.03% (Min 3 Paise) 0.025% (Min 2 Paise) 0.02% (Min 2 Paise) 0.015% (Min 1 Paise)
Options ₹100 per lot ₹75 per lot ₹70 per lot ₹50 per lot ₹40 per lot ₹25 per lot
Currency Futures & Options ₹20 per lot ₹20 per lot ₹20 per lot ₹20 per lot ₹20 per lot ₹20 per lot

Motilal Demat Charges

Motilal Demat Account Charges

Particulars Charges
Scheme name AMC Scheme
Account Maintenance Charges (AMC) ₹550
Account Administration Charges (AAC) ₹199
Advance ₹0
Demat Transaction Charges - Within MOFSL (Sell only) ₹30 or 0.03% (whichever is higher)
Demat Transaction Charges - Outside MOFSL (Sell only) ₹40 or 0.04% (whichever is higher)
Dematerialisation (In all schemes) ₹50 per request + ₹50 per certificate
Rematerialisation ₹35 per certificate
Pledge, Unpledge, Closure, Invocation ₹35 or 0.02% (whichever is higher) per ISIN request

Note: Few other demat account scheme's are available.

Check out Motilal Oswal Brokerage Charges, Fees, AMC, Transaction Charges. Get detail about Motilal Oswal pricing, Motilal Oswal brokerage calculater, Motilal Oswal brokerage, Motilal Oswal plans, Motilal Oswal brokerage review, Motilal Oswal brokerage plans, Motilal Oswal fund transfer, Motilal Oswal intraday brokerage, Motilal Oswal charges, Motilal Oswal charge list, Motilal Oswal charges calculator, Motilal Oswal prepaid brokerage plans, Motilal Oswal yearly charges, Motilal Oswal fees, Motilal Oswal yearly maintenance charge, Motilal Oswal option brokerage and Motilal Oswal trading charges.


How to open account with Motilal Oswal Securities Ltd?

  1. The fastest way to open an account with Motilal Oswal is by leaving your contact information below. Once you leave your contact information, you will get a callback in few minutes explaining you the plans and helping you with account opening process.

Read Motilal Oswal Account Opening Process Review to find information about Motilal Oswal broker, Motilal Oswal branches, Motilal Oswal sub broker, Motilal Oswal support, Motilal Oswal customer care, Motilal Oswal user reviews, Motilal Oswal user manual, Motilal Oswal website, Motilal Oswal review and Motilal Oswal toll free number

Contact Motilal Oswal / Request Call Back

Get Zero AMC for Lifetime (with ₹25k margin or ₹3k Value Pack) for limited time. Get the offer

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Motilal Oswal Pros and Cons

Motilal Oswal Advantages

  1. 20+ years of experience in trading and investment.
  2. Wide Range of Investment Choices - Equity, Derivatives, IPO, Mutual Funds, Insurance and Fixed Deposit.
  3. Value Pack Brokerage Schemes offers low brokerage options.
  4. Complete Ease of Operation with more than 60 banks for Fund Transfer.
  5. Free research advisory services.
  6. Free trading software.

Motilal Oswal Disadvantages

  1. Very high brokerage charges in comparison with the discount brokers like Zerodha and 5paisa.
  2. The brokerage in value pack scheme is competitive but it requires upfront fees at the time of opting for the plan. The value pack plans cannot be update or cancelled once selected.
  3. Doesn't offer 3-in-1 account.

Motilal Oswal Exposure Margin

Motilal Oswal leverage for intraday, delivery, options, currency and commodities. Read Motilal Oswal exposure limit review.

SegmentExposure Margin
Equity Delivery4x
Equity Intraday20x for Margin+ (Over 140 Stocks), 4x for other stocks
Equity FutureUpto 3x for Intraday
Equity OptionsNo exposure
Currency FutureNA
Currency OptionsNo exposure
Commodity FutureUpto 3x for Intraday
Commodity OptionsNo exposure

Motilal Oswal Complaints received at BSE/NSE

Number of customer complained against Motilal Oswal Securities Ltd share broker. The Motilal Oswal Securities Ltd consumer complaints provide the summary of grievance which went to exchange for resolution.

Motilal Oswal Customer Complaints

Exchange Financial Year Number of Clients * Total Complaints **
BSE 2019-20 84,016 48
NSE 2019-20 346,092 270
BSE 2018-19 93,959 30
NSE 2018-19 322,121 187
BSE 2017-18 137,652 50
NSE 2017-18 307,647 160
BSE 2016-17 83,617 23
NSE 2016-17 207,194 119
BSE 2015-16 79,547 29
NSE 2015-16 165,844 116

* Number of active customers. As per SEBI guidelines each broker reports the detail of active clients to the exchange through unique client code (ucc) process every month.

** The total number of complaint received against the broker at the given exchange.

Enquiry Form


Motilal Oswal Margin Exposure

SegmentExposure
Equity Delivery margin4 times of the available margin
Equity Intraday margin20 times of the margin available
Futures Margin3 times of the available margin but only for Intraday position and not for carry forward position
Options MarginNo exposure as its already a leveraged product
Equity CO MarginNo exposure
Futures CO margin3 times of the available margin but only for Intraday position and not for carry forward position
Options CO marginNo exposure as its already a leveraged product
Commodity margin3 times of the available margin but only for Intraday position and not for carry forward position & 5 Times on margin in value +

6 Reasons to Open Account with Motilal Oswal

  1. Leading Broker in India

    • 4-time winner of Best Performing Equity Broker (National) by CNBC TV18 Financial Advisor Awards
    • 30 years of experience in wealth creation
    • A Million+ customers, 2,200+ locations, 500+ cities
  2. Research Servies

    • Awarded by Zee Business as India's Best Market Analyst Award for IT & FMCG sector
    • Published 30,000+ research reports across 225+ companies and 25+ sectors
    • Dedicated teams for large-cap, mid-cap & technical research
    • Daily, weekly, monthly, quarterly & yearly reports across asset class
  3. Advisory Services

    • Available across asset classes
    • Available across devices - Mobile, Tablet, Desktop, & Web
    • Customized actionable plan across investment styles & risk profiles
    • Advanced tools & strategies for various time
  4. Technology

    • Powerful trading platforms across Desktop, Web, mobile or Tablet
    • Trade, Invest, Track, Review through a single login
    • LIVE streaming quotes and technical charts to help you make the right decision
  5. Product & Services

    • All trading & investment solutions ranging from Equities to Insurance under one roof
    • Trade across exchanges - BSE, NSE, NCDEX, MSEI
    • All products backed by the customized solid research & advice
    • Robust trading platforms, highly skilled dedicated advisors and Call & Trade desk
    • Services available through branches or business partners and online
  6. Operational Efficiency

    • Apply for an account in just 15 minutes & 6 simple steps
    • 1-day account activation
    • Dedicated customer service team with a 6-hour query resolution TAT
    • Customer centric Risk Management System
    • Real-time payouts to customers
    • Standard plus value added customer reports


355 Comments

Shreya Sood
355. Shreya Sood  Feb 16, 2020 17:30 I Like It. | I Don't Like It. | Report Abuse Reply
Motilal Oswal was the worst service I have ever taken. I had a broker named Naved, who worked on my account 2 times in 1 entire year, he was AWOL most of the time for personal reasons without informing or transferring the account. It was a complete waste of money and time taking these services. I have still not been able to transfer the remaining funds back to my account. Please DO NOT WORK WITH MOTILAL OSWAL.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Raghvendra
354. Raghvendra  Feb 7, 2020 14:27 I Like It. | I Don't Like It. | Report Abuse Reply
Motilal Oswal Securities Ltd is the no 1 worst brokerage firm in India.
Very costly brooking firm without any reason.
I don't see a single positive reason to recommend to anyone.
Stay away from motilal oswal Securities.


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Akshay Gupta
353. Akshay Gupta  Jan 28, 2020 19:09 I Like It. | I Don't Like It. | Report Abuse Reply
35paise ka buy tha oil 145 ce lot size 3399 mere balance cut kiya 1189 or trade galat buy krwa diya 4 rs se 145ce mere mae fund bhi nhi tha buy hi nhi hona chahiye thae bolte h fno margin nhi dete uske baad bhi 4rs se buy kr diya unhone 14000 ka trade or balnce sirf 5000 tha mera or balnce cut kiya 1189 according to 35paisa or baad me account minus me kar diya ....fraud krte hai ye log

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
indy wadz
352. indy wadz  Jan 15, 2020 18:18 I Like It. | I Don't Like It. | Report Abuse Reply
I was thinking of Switching to Motilal thank GOD I m saved I think Indiabulls is quite reasonable I m with them No concern about brokerage or transactions or fund Transfer in or out ,only I m concerned about research which is again very poor, so I don't follow them only thing is little bit of reputation and number of clients which is significantly less than Motilal!After KARVY issue I m little bit alert about them and want to switch to some tension free broker
Vijay
351. Vijay  Jan 13, 2020 15:30 I Like It. | I Don't Like It. | Report Abuse Reply
This is a Loot. This brokerage firm only believes in getting maximum trades and get their brokerage but never interested in client's profit. They always give calls late after the rally and trap the traders with their margins. Traders end up in a situation where they can not sell at loss and hence hold the investment by paying high interests. Finally end up losing both the capital and interest.
Worst service providers, they lure you to trade in options and ensure they get higher brokerage. After taking their paid service, i lost 25% of my capital even in this booming market. Worst ever brokerage house.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
RAJEEV NAYAN
350. RAJEEV NAYAN  Aug 27, 2019 13:51 I Like It. 1 | I Don't Like It. | Report Abuse Reply
Motilal Oswal Securities Ltd is the worst brokerage firm.Very poor advisory service.I had lost almost 80/90 % in last 1year 10 Days only because of poor advisory.
All the calls provided them are so worst that it will happen in the reverse.
The staff work for there own earning (commission) & not for clients good.
I don't see a single reason to recommend you to anyone. Clint id EAOP11139
Suresh
350.1. Suresh  Jan 11, 2020 11:57 I Like It. | I Don't Like It. | Report Abuse
Agree, employees working for their own benifits
Snehlata Meshram
349. Snehlata Meshram  Dec 28, 2019 13:17 I Like It. 1 | I Don't Like It. | Report Abuse Reply
Before depositng money they call you many times. After depositng they give you some profitable calls and then most of the calls are in loss leading to drainage of your fund. And then they stop you calling.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
MOFSL
349.1. MOFSL  Dec 30, 2019 15:41 I Like It. | I Don't Like It. | Report Abuse
Dear Ma'am, we request you to email us your concern with contact details at query@motilaloswal.com for us to assist.
Suresh
349.2. Suresh  Jan 11, 2020 11:56 I Like It. | I Don't Like It. | Report Abuse
Agree with your comments, very much unprofessionalism in services, mentioned query@motilaloswal.com costomer support is hopeless on complaints
Suresh
348. Suresh  Jan 11, 2020 11:53 I Like It. | I Don't Like It. | Report Abuse Reply
Very much pathetic/hopeless services from motilal, advisors and managers not qualified for trading calls research-they are only trained to get brokerages from costomers by cheating them. Incurred huge losses with motilal-without proper information they activated F&O and staarted trading calls without stop losses.
Very much hopeless and unprofessionalism in services
Prabhakar Roy
347. Prabhakar Roy  Jan 7, 2020 15:06 I Like It. | I Don't Like It. | Report Abuse Reply
I am facing problem with his service.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Below Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Prabhakar Roy
346. Prabhakar Roy  Jan 7, 2020 14:42 I Like It. | I Don't Like It. | Report Abuse Reply
Very bad service and they are cheating his client till customer money is zero.
RANAJIT RAY
345. RANAJIT RAY  Nov 12, 2019 00:09 I Like It. | I Don't Like It. | Report Abuse Reply
I first used their PMS.THEy sold all my blue chips and purchased penny stocks.
Thereby reducing the n e from 26lacs to 20, Lacs
Whereas if I kept those shares as it Is it would have increased to 36lacs by conservative estimate.
Thereafter I converted the PMS to normal demat.
Hereagain they coaxed me to a trade knowing fully well that they're taking the trade against the trend.thereby causing loss of 50000.
Thereafter also cajoled to take new trade to cover this loss which I declined.
Apart from that there is lot of nontransparent things are there.
Although I have mandate for nominee it had not been registered

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Jitendra Agarwalla
344. Jitendra Agarwalla  Oct 17, 2019 23:02 I Like It. | I Don't Like It. | Report Abuse Reply
Have lost lacs with motilal oswal. Customer care is pathetic.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
SJ
343. SJ  Sep 29, 2019 00:20 I Like It. | I Don't Like It. | Report Abuse Reply
If any one going to open the trading account or already have the one, please beware of personal advisors in Motilal. They never bothered of your hard earned money. I made huge loss just within one month by putting trust on them. Only they are interested to earn more commission by putting your money in risk. Dont opt for any plans or packages in hurry without thinking twice or thrice. Brokerage charges really high in market.I observed their all types of trading platforms are technically sound without any technical glitch at any moment.
RAJEEV NAYAN
342. RAJEEV NAYAN  Aug 27, 2019 18:28 I Like It. | I Don't Like It. | Report Abuse Reply
Motilal Oswal Securities Ltd is the worst brokerage firm.Very poor advisory service.I had lost almost 80/90 % in last 1year 10 Days only because of poor advisory.
All the calls provided them are so worst that it will happen in the reverse.
The staff work for there own earning (commission) & not for clients good.
I don't see a single reason to recommend you to anyone. EAOP11139

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Kalyan banerjee
342.1. Kalyan banerjee  Sep 4, 2019 19:21 I Like It. | I Don't Like It. | Report Abuse
This to bring into your notice that Motilal Oswal is cheating . This is a fraud company. I invested Rs. 5000 to trade but they deducted 4600 and activated value packs and amc free services without giving full and proper information and I also told them before hand that I dont want any other service and want to make full use of the amount that I am investing. Dont fall in their trap because they are here to loot money and also they deduct money without clients permission. They think clients money is their own property and can anything with the money and they dont even bother to reply also.
Mudit More
341. Mudit More  Aug 7, 2019 16:42 I Like It. | I Don't Like It. | Report Abuse Reply
The worst part of Motilal Oswal Securities Ltd is very poor customer support with false commitment while opening the account. Will never refer anyone. Also planning to close the account after seeing the customer service & false commitments withing 3 monmths of account opening.

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Very Poor
MOFSL
341.1. MOFSL  Aug 13, 2019 18:37 I Like It. | I Don't Like It. | Report Abuse
Dear Mr. More, we request you to email us your concern with contact details at query@motilaloswal.com for us to assist.
Govardhan
340. Govardhan  Jul 28, 2019 15:48 I Like It. | I Don't Like It. | Report Abuse Reply
High brokerage

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Average
Overall Experience - Below Average
MOFSL
340.1. MOFSL  Aug 1, 2019 20:35 I Like It. | I Don't Like It. | Report Abuse
Dear Sir, we request you to email us your concern with contact details at query@motilaloswal.com for us to assist.
Parvathy T S
339. Parvathy T S  Jun 25, 2019 18:01 I Like It. 1 | I Don't Like It. | Report Abuse Reply
i do not recommend to open demat account or trading account with this broker

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Below Average
MOFSL
339.1. MOFSL  Jun 26, 2019 14:13 I Like It. | I Don't Like It. | Report Abuse
Dear Ma'am, we request you to email us your contact details with concern at query@motilaloswal.com. Our team will get in touch with you.
E V Subramaniam
338. E V Subramaniam  May 30, 2019 15:25 I Like It. | I Don't Like It. | Report Abuse Reply
The calls issued in the last one month are majority of them are wrong. Lost 50%of money.

I'm a naive in this trading and there is no proper training as well. My experience is a major debacle.

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Below Average
MOFSL
338.1. MOFSL  Jun 3, 2019 20:31 I Like It. | I Don't Like It. | Report Abuse
Dear Mr. Subramaniam, we request you to email us your client code & registered contact details with concern at query@motilaloswal.com. Our team will get in touch with you.
Girish Manilal Shah
337. Girish Manilal Shah  May 24, 2019 15:59 I Like It. | I Don't Like It. | Report Abuse Reply
service poor

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Average
MOFSL
337.1. MOFSL  May 28, 2019 19:15 I Like It. | I Don't Like It. | Report Abuse
Dear Mr. Shah, we request you to email us your client code & registered contact details with concern at query@motilaloswal.com. Our team will get in touch with you.
Devendra
336. Devendra  May 16, 2019 16:46 I Like It. | I Don't Like It. | Report Abuse Reply
Motilal Oswal Securities Ltd is the worst brokerage firm.Very poor advisory service.I had lost almost 40-50 % in last 4 months only because of poor advisory.
All the calls provided them are so worst that it will happen in the reverse.
The staff work for there own earning (commission) & not for clients good.
I don't see a single reason to recommend you to anyone.
MOFSL
336.1. MOFSL  May 28, 2019 19:13 I Like It. | I Don't Like It. | Report Abuse
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