Motilal Oswal brokerage review

Motilal Oswal

 

Established in the year 1987, Motilal Oswal Securities Limited is the outstanding stock broking firm in India. It is founded by the Ramdeo Agrawal. MOSL is spread over the several financial instruments containing Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Home Finance, Private Equity and Commodity Broking etc.

Motilal Oswal Securities is a Depository Participant of NSDL and CDSL. With it, customers can trade on numerous Stock Exchanges: BSE, NSE, NCDEX, MCX, and MSEI. Motilal Oswal is the superlative 3 in 1 account services provider. To get the benefits of this service customer should have trading and demand account & net banking account with any bank. Then only seamless execution of trades is possible for the reason that 3-in-1 account links trading, demat and  bank account. Other add-on functions of broking are timely research reports, consumer-centric danger control device and real-time payouts.

 

 

In the present time Motilal Oswal permits its clients to trade across:

  • Derivatives
  • Equity
  • Commoditis
  • Currency
  • Mutual Funds
  • IPOs

On patron care aspect, we found Motilal Oswal’s customer care to be true however now not awarded winning. The dealer claims to have dedicated customer support crew with a four-hour query resolution time. Electronic mail and speak to support is there, however, nothing like any stay chat or 24*7 customer support is seen on their website. Name and exchange facility is available to all its customers free of charge.

 

Account Opening Charges & Annual Maintenance Cost (AMC)

  • Trading Account Opening Fees – Rs. 600
  • Trading AMC – NIL
  • Demat Account Opening Fees – NIL
  • Demat AMC – Rs. 400
  • Own DP Service – Yes

 

Brokerage Plans

Standard Account (Value Pac Scheme)

Brokerage Charges

Account Type Standard Plan(Value Pac Scheme)
Equity Delivery Brokerage 0.50%
Equity Intraday Brokerage 0.05%
Equity Futures Brokerage 0.05%
Equity Options Brokerage Rs. 70 per lot
Currency Futures Trading Brokerage 0.05%
Currency Options Trading Brokerage Rs. 70 per lot
Commodity Trading Brokerage 0.05%

 

Transaction/ Turnover Charges

Equity Delivery Rs. 325 per Cr
Equity Intraday Rs. 325 per Cr
Equity Futures Rs. 190 per Cr
Equity Options Rs. 5000 per Cr
Currency Futures Rs. 110 per Cr
Currency Options Rs. 4000 per Cr
Commodity 0.0025%

 

Trading Platform

  1. Desktop Trading Platform –Orion Lite
  2. Web Trading Platform- www.motilaloswal.com
  3. Mobile Trading Platform – Motilal Owsal Trading App

 

Benefits with Motilal Oswal

  1. Best Leading Broker
  2. Excellent Research Services
  3. SMS Alert
  4. World Class Advisory Services
  5. Online Demo
  6. Online Portfolio
  7. one-stop financial platform to get right to use a range of products & services