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Motilal Oswal is a full-service broker in India. The company offers a wide range of investment and trading services at different segments.

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:

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

Free

Plan Charges

₹ 2500

Call & Trade Charges

Free
Brokerage

Equity Delivery Brokerage

0.20%

Equity Intraday Brokerage

0.02%

Equity Futures Brokerage

0.02%

Equity Options Brokerage

₹ 40

Currency Futures Brokerage

0.03%

Currency Options Brokerage

₹ 15

Commodity Futures Brokerage

0.02%

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
Charges

Account Opening Charges

Free

Account Maintenance Charges

₹ 1099

Call & Trade Charges

Free
Brokerage

Equity Delivery Brokerage

0.20%

Equity Intraday Brokerage

0.02%

Equity Futures Brokerage

0.02%

Equity Options Brokerage

₹ 40

Currency Futures Brokerage

0.03%

Currency Options Brokerage

₹ 15

Commodity Futures Brokerage

0.02%

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
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.

MO Trader MO Investor
Pros

Advantages and Strengths of this broker.

  1. Free call and trade services.
  2. Get in-depth stock or scheme analysis and recommendations for free.
  3. ‘Trend guiding tool’ provides combined strength of AI, Machine learning and deep industry insights specifically designed for traders.
  4. Differentiated trading platforms for traders and investors.
Cons

Disadvantages of this broker that it needs to improve upon.

  1. Does not offer flat brokerage or discount brokerage plans.
  2. Only regular plans are offered in mutual funds.
  3. For different investment services an additional fee is required.
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.

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

Verdict

Being a full-service broker, Motilal Oswal provides the customers with complete hand-holding when it comes to financial planning, research, trading tips and trend analysis on a regular basis, in accordance with the customer’s portfolio and requirement. 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 and quotes that help the traders while making their trading decisions.

  • Publishes reports across companies and different sectors.

  • Highly skilled and dedicated advisors, and Call and Trade desk, working towards making the trader’s life easier.

  • Tech advanced trading platforms with technical indicators within a single script. They are available across Desktop, Mobile, web and Tablet.

  •  ‘Trade guide signal’, an innovative trend guiding tool that helps to generate auto Buy/ Sell suggestions based on predefined technical rules.

If you are an investor, the broker provides you with

  • Investment options are available across all asset classes.

  •  Their VALUE pack brokerage schemes offer low brokerage options which in turn help the investors in long-run returns.

  •  Provide the investors with daily, monthly and yearly reports which help them to analyze their investing decisions.

  •  Free research advisory with dedicated teams for small-cap, mid-cap and large-cap.

  •  Highly skilled Relationship managers who help in solving all queries of the investors and make their investing journey fruitful.

Trading Tools

MO Trader Web and Mobile Application

Motilal’s MO trader web and mobile app offers a single view of your orders, positions and limits. With their market screener, you can spot the trending stocks without any hassle. Also, it provides the users with enhanced quotes which includes a detailed analysis of stocks. 

DESKTOP TERMINAL

It provides the users with advanced charting tools which include indicators for making the investor’s life easy. Its options strategy builder enables better price discovery and executions. Facilitates superfast trading with a simple user interface.
 

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

₹ 15 per crore

₹ 15 per crore

₹ 15 per crore

₹ 15 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

₹ 15 per crore

₹ 15 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

₹ 15 per crore

₹ 15 per crore

Motilal Oswal Customer Reviews

Overall Rating

4

Based on 1 reviews

Rating Summary

5
0%
4
100%
3
0%
2
0%
1
0%

Review Analytics

Platform 0 votes

Charges 0 votes

Transparency 0 votes

Features 0 votes

Customer Support 0 votes

raghu rai gupta

(4)

Posted on 21 Feb 2021

A