The Motilal Oswal Trader App, often known as the MO Trader App, is a platform for financial services that provides investing options on the Indian stock market in a novel way. With the MO Trader App, users can purchase or sell stocks on the move, receive real-time market updates, manage their portfolio, and see the results of their most recent stock search, all in a one location. Here is a summary of one of the most popular trading app in India, including its key features, account setup instructions, and more.
About Motilal Oswal Trading App (MO Trader App)
Motilal Oswal is a well-known provider of financial services in India, and it has introduced the MO Trader App to allow investors to research their options from anywhere. The platform lays a strong focus on exhaustive research and using cutting-edge technologies to provide its users with services. This software has provided a channel for users to manage their stock investments, brush up on their market knowledge, access investing methods and digital tools, and receive real-time market updates in one convenient location. Currently, it is accessible in more than 500 cities and 1900 places.
Users may use technical charts, frequent reports, live quotations, technical analysis, and customized action plans to enhance their investing and trading endeavours. Customers are able to avoid technical problems and save time due to the swiftness and efficacy of the execution. Learn more about the benefits of this investing platform by reading on.
Top Feature Of MO Trader App
MO Trader App delivers excellent trading capabilities that enable you to trade like an expert in a smarter and quicker manner. Here, we’ve compiled a list of the app’s most prominent features to provide you a comprehensive overview. Let’s have a look:
1. Innovative Charting Device
This function provides over 40 technical indicators, drawing tools, bar, line, and candlestick graphs. In addition, it offers customisable indicators such as triple exponential average, Bollinger Band, and moving average. This function allows you to virtualize the market, study the order flow, and evaluate trading performance.
2. Multi-Asset Watchlists
A watch list is a filtered segment that only follows the stocks that you follow. This application enables the creation of several watch lists and the monitoring of stock performance, average volume, day range, earnings, dividends, and options activity on a single screen.
3. Credible Research
Zee Business has awarded Motilal Oswal the award for the best mobile app for thorough equity research. This service provides access to 30,000 research studies covering 260 businesses and 21 industries. In addition, you will receive daily, weekly, quarterly, and annual updates regarding the asset class.
4. Solid Counsel
This tool allows you to invest in the proper direction and make trading decisions depending on your risk profile. It provides tailored, practical ideas and recommendations for many time periods, such as an hour, a day, a week, and a month.
5. Market Scanner
This tool saves you time, provides fast guidance on the highest-yielding stock, multibagger, and highest-revenue company, and provides the opportunity to earn. In addition, it provides a concise overview of the market’s position and trajectory.
6. Trade guidance signal
This function never allows you to miss fresh possibilities, as it is a trend-guiding tool that generates new information on when, what, and how to trade.
7. Rich in Features Mobile Trading App
A trader prioritizes a mobile trading app with several features over anything else. It expedites their executions and enables them to engage in strategic commerce. In short, it raises their degree of commerce. Once upon a time, trading was intended to be a game of monitors and large displays, but no more. Because mobile applications are replacing the culture of monitors. As more innovative features and technologies emerge, trading applications in this mobile era are attracting a great deal of interest. The MO Trader App is the finest example because it has everything required to launch a successful trading profession. Find every necessary function, including research tools, technical tools, and watch lists, on the smart screen of your smartphone.
8. Multi-Asset Trading
As more and more individuals are exposed to the benefits of portfolio diversification, the popularity of multiple-asset trading platforms increases. Such as MO Trader App, which provides investors with a variety of trading tools, is gaining popularity with each passing year. In addition to providing a smooth user experience, the brokerage app enables the purchase of numerous assets while on the move.
Notably, traders can simultaneously establish up to ten positions on a single screen. If you concur that diversity is a key to success, then this software will undoubtedly inspire you to trade more effectively.
People Also Read: Successful story and trading tips of top traders in India
How To Own Motilal Oswal Trading App?
The Motilal Oswal Trading App (MO Trader App) is offered at no cost. Investors do not need to pay anything to have access to this app and its extensive features. The cost to start a trading account is simply Rs. 600, and yearly account maintenance is free. Follow these step-by-step processes to own an MO trader app:
- Motilal Oswal’s Demat account must be opened.
- Simply click the green Open Demat Account button and complete the online form.
- You will receive a call from Motilal Oswal, and they will provide you a link to establish an account.
- Complete the online account opening procedure; your account will be activated the following day.
- Client ID and Password will be provided in the Welcome Kit.
- Download the application from the App Store and enter your ID and password.
- This is the straightforward procedure to acquire a Motilal Oswal Trading App.
Advantages Of MO Trader App
- This application allows you to examine your order and transaction history and margins while on the go.
- On your mobile device, you may get the most recent market information and trends for all segments.
- This application constantly notifies you of fresh prospects in stock marketing.
- With the intraday chart, you may obtain comprehensive information on any script.
- Additionally, orders may be placed using the watch list.
- This application allows you to create four watch lists and add 50 scripts to each.
- You may get the most recent portfolio-related news.
- This application enables traders to examine quotes, make orders, and access sophisticated charts by clicking on any scripts.
- You will receive a variety of trading-related advice.
- This application also allows you to transfer funds from over sixty linked institutions.
- Using this application, you may easily locate any company’s annual report.
- You can invest in a mutual fund by using a simple buying option.
- There are no hidden fees and they are entirely free.
Disadvantages Of MO Trader App
- Mobile App is not as effective.
- The App’s share price is pretty young.
- This app requires a fast Internet connection.
- There is no contact with a broker.
- There is no 24-hour customer assistance accessible.
- Requires a phone, laptop, or desktop computer.
Conclusion Of MO Trader App
The Motilal Oswal Trade App is an automatic internet stock marketing robot that provides non-emotional trading recommendations around the clock. Your portfolio information is derived from the most reliable data so that you may make lucrative trades. MO trader app offers useful features that prevent your trading account from entering a loss cycle and maintain your level of risk management. Its sophisticated alert features will notify you of fresh chances every hour, allowing you to effortlessly quadruple your profit. This app’s membership is absolutely free, regardless of whether you join as a client or a guest user. Traders may sign up in under 15 minutes, study the market situation, place a transaction, and receive their profits immediately from their savings account.
FAQs About Motilal Oswal Trading App
Qu1. How to open an account with Motilal Oswal?
Ans: Account Opening with Motilal Oswal is straightforward. You will need three separate accounts:
- Demat Account
- Trading Account
- Mutual Funds Account
Qu2. What is the Motilal Oswal Advisory Service’s evaluation?
Ans: Motilal Oswal has an in-house research department. Constantly working to provide helpful advice, recommendations, and reports based on in-depth investigation. Current clients of Motilal Oswal have expressed satisfaction with their advisory services and claimed to have profited from their suggestions.
Qu3. Where can I locate my login ID and password?
Ans: Once your account is activated, the set of login credentials is sent to the email address you provided at registration. Please check your mailbox whether the account opening procedure has been completed. You may also examine the spam folder. If you are still unable to locate it, please contact Motilal Oswal Customer Service.
Qu4. Do they provide no commission on delivery trades?
Ans: Motilal Oswal is a classic full-service stock brokerage firm; hence, standard percentage-based commissions apply to all types of trading.
Qu5. What is the distinction between the Mo Trader and Mo Investor applications?
Ans: The broker combines the MO Trader app and MO Investor mobile applications into a single smartphone application. MO Trader has the ability to purchase and sell assets for the short term or inside the same day. While MO investors are permitted to retain an asset for as long as they see fit.
Qu6. What is MO Trader app?
Ans: MO Trader App is intended for traders who are accustomed to mobile trading.
Qu7. What is trading ETFs?
Ans: ETF trading, also known as “Exchange-traded funds,” refers to a sort of mutual fund that is exchanged on exchanges. However, it is important to note that, unlike other assets, ETFs can contain a collection of assets.
Qu8. How trustworthy is Motilal Oswal?
Ans: MO Trader App has received a perfect score from its users on the platform’s precision.
Qu9. Can I maintain two accounts?
Ans: Regrettably, no. You are unable to hold two trading accounts.
Qu10. Is Motilal Oswal safe broker?
Ans: The Motilal Oswal Trading App is prominent in the Indian stock market. The technology-focused firm has been in operation for more than three decades. Therefore, it is a reliable broker.