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Motilal Oswal (3.8)

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Full Service Broker Depository: CDSL & NSDL
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Motilal Oswal Financial Services Limited is an Indian financial services company offering a range of financial products and services like investing in equities, F&O, currency, Mutual Funds, Advisory and more. Motilal Oswal has an active client base of 7,81,698 as of August 2023.

Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

Equity
Commodity
Currency
Futures
Options
Brokerage Plans (Single Plan)

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.

Charges

Account Opening Charges

Free

Account Maintenance Charges

₹ 199

Call & Trade Charges

Free
Brokerage

Equity Delivery Brokerage

0.20%

Equity Intraday Brokerage

0.02%

Equity Futures Brokerage

0.02%

Equity Options Brokerage

₹ 20

Currency Futures Brokerage

₹ 20

Currency Options Brokerage

₹ 20

Commodity Futures Brokerage

0.025%

Commodity Options Brokerage

₹ 200
Margins

Equity Delivery Margin

4x

Equity Intraday Margin

4x

Equity Futures Margin

4x

Equity Options Margin

4x

Currency Futures Margin

4x

Currency Options Margin

4x

Commodity Futures Margin

4x

Commodity Options Margin

4x
✍ Motilal Oswal Brokerage Calculator Charges Details
Trading Platforms Learn More

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.

Trade Guide Signal MO Investor App MO Trader App
Pros

Advantages and Strengths of this broker.

  1. Free in-depth analysis and stock recommendations to make informed investment decisions.
  2. Proper customer support via emails and calls to solve queries.
  3. Thorough research reports, market and sector analysis for efficient investing.
  4. Strategy builder to enable smart trading and implementing multi-leg option strategies.
  5. An all-in-one platform to invest across multiple asset classes such as equity, derivative, mutual funds etc.
Cons

Disadvantages of this broker that it needs to improve upon.

  1. No offers for flat brokerage or discount brokerage plans.
  2. Only regular plans are offered in mutual funds.
  3. Offline account opening is a cumbersome and time-consuming process.
  4. Relatively higher charges for brokerage charges and depository participant service.
Additional Features

Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.

3 in 1 Account
Free Trading Calls
Free Research Reports
SMS Alerts
Margin Funding
Margin Against Share
Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.

Mutual Funds
IPO Platform
Bonds & Debt
Exchange Traded Funds
Insurance
Finology Ratings & Reviews for Motilal Oswal

Ratings are provided based on customer service, usability, charges and overall average. Reviews are based on positive and negative aspects of the broker that help you understand this broker better.

Charges

(3.5)

Usability

(4.4)

Customer Service

(3.6)

Charges Review

  • Free call and trade services.
  • High brokerage and DP services in comparison to others.
  • Zero Account Administration Charges (AAC) if you buy lifetime services.

Customer Service Review

  • Provides support over call and email.
  • As per the customer reviews, the support was not satisfactory.
  • Chat support is available, but they don’t offer an option to raise a ticket.
  • They have physical branches present in most cities.

Ease of Use Review

  • Differentiated platform for investors and traders.
  • Easy to use the web and mobile applications.
  • They provide various tools and services such as strategic builder trade guide signals and better decision-making.
  • Real-time update and actions on your current positions and holdings.
  • The offline process is cumbersome and time-consuming.

Account Opening Procedure Review

  • The online account opening process is easy for individual accounts.
  • A copy of POA form needs to be submitted mandatorily for physical verification.
  • The offline process is cumbersome and time-consuming.
  • They support NRI accounts as well.
🌟 Motilal Oswal Customer Reviews

Why Choose Motilal Oswal? Know Everything about Motilal Oswal here.

Verdict

With its premium trading and customer services, Motilal Oswal is famous for innovative and technologically advanced digital tools and platforms. Dedicated to managing clients’ investments and finances, the company also offers brokerage, wealth management, and investment banking. With their solid research team and availability across all asset classes, Motilal Oswal can serve you better if you are an investor. 

If you are a trader, the broker provides you with

  • Live streaming technical charts for quick and efficient execution of trades.
  • Trade Guide Signal to automate buy/sell suggestions based on technical rules. 
  • Highly skilled and dedicated advisors, and Call and Trade desk, working towards making the trader’s life easier.
  • Tech advanced trading platform having technical indicators for enhanced data analysis and decision making.
  • EDUMO that offers insightful videos for beginners, intermediate and advanced traders.

If you are an investor, the broker provides you with

  • Free research advisory with dedicated teams for small-cap, mid-cap, and large-cap.
  • Skilled and dedicated relationship managers to solve queries and ease investing decisions. 
  • Get daily, monthly or yearly reports to analyze your investment decisions.
  • Detailed research reports for different companies and sectors.

Trading Tools

Trade Guide Signal

 A state-of-the-art ‘trend guiding tool’ for traders, Trade Guide Signal, eases the decision-making process through its new-age artificial intelligence technologies. It is a suitable option for all sorts of traders. Following are the key features it provides:

  • It blends artificial intelligence with stock broking,
  • Predictive trading engine with thorough industry sights,
  • Trade Planer to pre-set order implementation,
  • Investment guidelines for asset classes like currency, equity or commodities,
  • Suitable for all types of traders, i.e., Positional, Swing, Intraday & Momentum.

MO Investor App

MO Investor App provides customizable solutions to new as well as advanced investors. It offers detailed data on stocks through fundamental analysis and smart AI features to strengthen investors’ portfolios. Other features of the MO Investor App are as follows: 

  • Easy SIPs for convenient investing with status tracking,
  • EDUMO to streamline tough market concepts,
  • Curated Portfolio based on investing style,
  • Real-time multi-asset watchlist and easy portfolio restructuring,
  • Real-time trading reports with summaries.

MO Trader App

The MO Trader app is an AI-based platform that provides advanced trading tools and services and lives data on trades and execution. Some of its key features include:

  • Convenient real-time trading with margin updates, Total MTM updates, etc.,
  • Global Search Bar for quick actions and adding scrips with ease,
  • Quotes on market depth, technical summary, interactive charts, etc.,
  • Price alert notifications to manage trade efficiently,
  • 19+ technical market screeners to find the right trading opportunities.

Charges Details

For Equity

CHARGES

DELIVERY

INTRADAY

FUTURES

OPTIONS

Transaction Charges

0.00325% - NSE

0.00325% - NSE

0.0019% - NSE

0.05% - NSE

Demat Transaction Charges 

Sell-side, ₹ 18.5 per scrip 

-

-

-

Clearing Charges

-

-

0.0002% - NSE

0.005% - NSE

GST

18% on Brokerage + Transaction Charges

18% on Brokerage + Transaction Charges

18% on Brokerage + Transaction Charges

18% on Brokerage + Transaction Charges

STT

₹ 100 per Lacs 

Sell-side, ₹ 25 per Lacs 

Sell-side, ₹ 10 per Lacs 

Sell-side, ₹ 50 per Lacs 

SEBI Charges

₹ 10 per crore

₹ 10 per crore

₹ 10 per crore

₹ 10 per crore

For Commodity

CHARGES

FUTURES

OPTIONS

Transaction Charges

0.0026% Non-Agri

-

GST

18% on Brokerage + Transaction Charges

18% on Brokerage + Transaction Charges

STT

Sell side, 0.01% - Non Agri 

Sell side, 0.05%

SEBI Charges

₹ 10 per crore

₹ 10 per crore

For Currency

CHARGES

FUTURES

OPTIONS

Transaction Charges

0.0009% - NSE
0.00022% - BSE

0.04% - NSE
0.001% - BSE

Clearing Charges

0.0004% - NSE
0.0004% - BSE

0.025% - NSE
0.025% - BSE

GST

18% on Brokerage + Transaction Charges

18% on Brokerage + Transaction Charges

STT

-

-

SEBI Charges

₹ 10 per crore

₹ 10 per crore
🙋‍♂️ Read Motilal Oswal FAQ
Motilal Oswal Complaints & Stats

Company name:

Motilal Oswal Financial Services Limited

Contact:

7021032855, 9654125859

Email:

arun.jangam@motilaloswal.com

Active Users:

7,81,698
Motilal Oswal Customer Reviews

Overall Rating

4.3

Based on 3 reviews

Rating Summary

5
33%
4
66%
3
0%
2
0%
1
0%

Review Analytics

Platform 0 votes

Charges 0 votes

Transparency 0 votes

Features 0 votes

Customer Support 0 votes

pragati

(4)

Posted on 14 Nov 2021

Nice one to experience

bambhaniya arvindbhai bhupat bhai

(5)

Posted on 01 May 2021

Super

raghu rai gupta

(4)

Posted on 21 Feb 2021

A

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In terms of the regulatory requirements, you as a user can either avail of our distribution/facilitation services or investment advisory services and not both. The Company shall make all endeavours to ensure segregation of the distribution and advisory activities by not offering both to the same user by placing appropriate post-login disablement/accessibility blocking checks on the website.

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• You yourself;

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• family members on whom you are dependent (i.e. spouse, parents or children whose money you invest)

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