Motilal Oswal Review 2022: Highly Trusted Full-Service Broker

Motilal Oswal Securities Ltd. (MOSL), a Mumbai, India-based financial services business, was founded in 1987. The organization provides equity, Commodity, Currency, and Derivatives trading services. Mutual Funds, Initial Public Offerings, Gold, Insurance, and Fixed Income products are just some of the many services. Discretionary MOAMC portfolio management service is widely regarded as our clients’ best in the business (PMS). Since its introduction in 2003, the PMS has consistently exceeded the benchmark in every market cycle.

Motilal Oswal has a wide range of clientele, including retail consumers, mutual funds, overseas institutional investors, financial institutions, and corporate customers. There were 2,200+ business locations run by Motilal Oswal and its Business Partners in over 500 cities and towns as of March 2018. The company’s clients hold almost 70,000 crores of depository assets.

For Motilal Oswal Securities, solid research is the bedrock. Equity research accounts for over ten percent of total income. Each of the company’s three divisions has a specialized research staff. More than 30,000 research papers on more than 260 organizations from 21 different industries have been produced. Motilal Oswal’s basic, technical, and derivatives research has been widely covered. Zee Business named it India’s Best Market Analyst in the IT and FMCG sectors.

Pros and Cons of Motilal Oswal

The Advantages of Motilal Oswal Securities

Motilal Oswal has the following advantages. Before you create an account with Motilal Oswal, you should review the company’s benefits and drawbacks. It’s important to weigh the advantages and disadvantages of investing in Motilal Oswal.

  • 20+ years of experience in trading and investment.
  • Options galore for investors – from stocks and bonds to derivatives and initial public offerings (IPOs).
  • Value Pack Brokerage Schemes provide low-cost brokerage choices for investors.
  • Complete Operational Ease with Fund Transfers to More Than 60 Banks.
  • Services for free research advice.
  • Traders can use this free program.

Cons of Motilal Oswal (Disadvantages)

Motilal Oswal has several disadvantages. Check out the list of Motilal Oswal’s disadvantages.

  • Compared to bargain brokers like Zerodha and 5paisa, these brokers demand exorbitant brokerage fees.
  • In a value-pack arrangement, the brokerage is competitive, but it needs upfront costs when you choose the package. Once a value pack plan has been selected, it cannot be changed or canceled.
  • Doesn’t have a three-in-one option.

Opening a Motilal Oswal account

In addition to trading and Demat accounts, Motilal Oswal provides a two-in-one account. Customers can choose between opening a trading and a Demat account with this firm.

You’ll need a Motilal Oswal trading account to trade stocks, commodities, or currencies.

To create a trading account with Motilal Oswal, there are two easy options:

  • Online Account Opening

Motilal is thought to be the first paperless account opening process in India. If you want to create an online trading and depository account in only 15 minutes, you may do it online. To create a brokerage account in India, simply follow these instructions.

A simple online application is all that’s required to open an account with Motilal Oswal.

Why establish an online account?

  1. Open an account in 15 minutes or less with instant account opening.
  2. Ease
  3. Transferring money using Net Banking or Debit Card is a safe and secure method of funding a new bank account.
  4. If you’ve already completed e-KYC with another financial institution, your KYC form will be filled in immediately.
  5. Fill out or edit your account opening form at any time (24/7) using Real-Time Tracking.
  6. Once the required papers have been received, you can begin trading within 15 minutes of submitting your account application.
  • Visit a Sub-broker Office or a Local Branch

There are over 500+ Motilal Oswal franchisees and branch offices throughout India and over 500+ sub-brokers. By visiting any one of them, you may also register an account.

Call or visit a Motilal Oswal sub-local broker’s branch or office. They’ll arrange for you to come in for a consultation, see a demo, and establish an account.

Review of Motilal Oswal: Trading and Investing Exclusive Features

  • Many investors, including retail clients, corporations, overseas institutional investors, and high-net-worth people, use their in-depth research skills and proprietary stock analysis algorithm.
  • Thanks to their high-speed trading platform, investors may trade and invest from any location.
  • New investors need no special training to use the site because it is user-friendly. This program makes investing and trading incredibly simple for everyone who uses it since everyone can self-learn what they need to know.
  • Many investors rely on the stock advising professionals for sound advice, and thus far, no one has been let down by their suggestions or advice.
  • Since its inception, its Portfolio Management Services has consistently outperformed the industry standard.
  • They feature a variety of brokerage plans to meet the demands of investors, such as the Default Brokerage Plan for regular investors, the Value Pack Brokerage Plan for active traders, and the Motilal Oswal Margin Scheme Brokerage Plan for frequent traders.

Rates at Motilal Oswal

Traders and investors at Motilal Oswal are now forced to pay a variety of fees. Account opening and maintenance fees, brokerage and transaction fees, stamp duty, and other taxes are only a few of the most significant ones.

Charges for a new account

Charges for opening a trading account (One Time) A yearly fee of ₹1000 for trading  The American Medical Center (Yearly Fee) There are no fees for opening a Demat account (One Time) 0 Annual Fees for Demat Accounts AMC (Annual Maintenance Charge): ₹299 (1st year free)

Platforms of Motilal Oswal Securities Limited

To meet the varying demands of its customers, Motilal Oswal provides a wide selection of trading platforms that may be accessed by desktop, tablet, and mobile devices. With the broker’s trading platforms, investors and traders may carry out hassle-free trading on a variety of platforms. The following are the primary trading platforms for the company:

Motilal Oswal’s Desktop App for PC

It is possible for traders to have a full-fledged trading experience with unrivaled speed, best-in-class features, and quick access to research material using Motilal Oswal’s desktop program. The program is best suited for traders who are looking for a quick and easy way to trade. What it has in common are these:

  • Execution of an order with a one-second refresh
  • Charting capabilities that include more than 40 technical indicators
  • Prepare a variety of watchlists, including those for stocks, options, and futures.
  • Trader’s reference manual Trend-following software that generates buy/sell recommendations based on predefined technical principles.
  • A tick-by-tick Action Watch to notify users when low-priced scrips become available.
  • Tools for Analyzing the Health of Your Portfolio
  • Research and trading recommendations are available to subscribers.
  • Keyboard shortcuts for fast trading
  • Transfer of money from 60+ banks
  • It’s renowned for its speed and user experience, but it’s also a little hefty to use at the same time. As a result, having a well-configured PC or laptop is essential if you want to have a consistently rewarding trading experience.

A trading app for Motilal Oswal

The software is simply a web-based trading platform available on both desktop and mobile. It’s geared for more experienced traders. High-frequency traders may make use of a wide range of sophisticated trading capabilities, as well as faster access to market information and tools. A few of its more notable traits are:

  • Orders, locations, and limits are all shown in a rapid overview.
  • In-depth information on the firm is included in the quote.
  • Makeup to four lists of up to fifty scrips each, then monitor them all.
  • Easily place orders from a watchlist without leaving it.
  • Screeners for identifying trending stocks in the market
  • The screeners allow you to buy and sell stocks.
  • Use the bulk order feature to place many orders at once.
  • Access to goods based on algorithms, such as Trade guidance signals, Option Writers, and Option codes.
  • All asset classes are covered by this service.
  • Over 260 firms and 21 industries are covered by the research
  • Plan, create, and control alerts
  • With more than 60 banks, you can send money quickly.
  • Markets and stocks are constantly updated with news and information.

Motilal Oswal Smart Watch App

At the time of this writing, the broker has created a smartwatch trading app that enables investors to conduct a wide range of activities. What it has in common are these:

  • Instant alerts to all the most significant market developments.
  • A more rapid source of information on worldwide indexes, as well as the largest and smallest gainers and losers,
  • Make sure you know how much money you have in your portfolio.
  • Take a look at the available positions and your mark to market (MTM).
  • Keep an eye on your cash and commodity profit margins.

Motilal Oswal Trade

Traders and investors who prefer browser-based apps may like Motilal Oswal’s online portal application. Included in this list are the following:

  • Account balance, holdings, Order Status, portfolio performance over Time, and Market data may all be viewed on a single screen.
  • Market depth and complex charts incorporated into a simple order form for all asset classes
  • Allows for a wide range of options when it comes to Mutual Funds and professional recommendations.
  • As a part of the trading site, you will be able to access a wealth of information on the market, including gainers/losers and the most active stocks.

Do you know how to transfer shares from other stockbrokers to Motilal Oswal?

If you’re looking for a consolidated picture of all of your investments and Demat accounts, you may want to use a service like this.

As a result, if you wish to transfer all of your shares in Motilal Oswal from other stockbrokers, you have a fantastic choice.

It is possible to transfer shares across demand accounts at Motilal Oswal using online and physical methods.

NSDL and CDSL depositories allow shareholders to transfer shares offline by filling out the Delivery Instruction Slip (DIS) and mailing it to the broker.

Once your request has been approved, the next step in the process begins immediately.

Online share transfers may be completed in a few simple steps and easy to find motilal share price. Shareholders can use the ‘EASIEST’ platform to complete the online sharing process if their shares are stored in a CDSL depository.

Before moving on, however, a few prerequisites must be satisfied. Demat accounts can transfer assets within 24 hours of successful completion.

Review of Motilal Oswal – Final Verdict

There’s little doubt about it: Motilal Oswal is a stockbroker for traders and investors. This means that you should consider the broker if you’re looking to generate short-term gains or long-term investments. However, clarification is essential in the price aspect. Broker flights have been discovered to be unclear, and customers have incurred unspecified fees, according to some sources. At this point, the broker must make it clear where it stands.

The broker has a distinct advantage when it comes to providing excellent client service.

Frequently Asked Questions

1.Ques: Who is the founder of Motilal Oswal?

Ans: Motilal Oswal was formed in 1987 by Ramdeo Agarwal.

2.Ques: Is Motilal Oswal a low-cost brokerage firm?

Ans: Motilal Oswal isn’t a bargain broker, despite what the name suggests. Full-service broker Motilal Oswal operates in India. Investment advice and stock analysis is often provided by full-service brokers to their customers. Brokerage costs are likewise on the high end.

3.Ques: Is Motilal Oswal a full-service broker?

Ans: Full-service brokers in India include Motilal Oswal. Investment advise and stock analysis is often provided by full-service brokers to their customers. Brokerage costs are likewise on the high end.

4.Ques: Is Motilal Oswal trustworthy?

Ans: Yes, Motilal Oswal is a reputable Indian stockbroker. In order to carry out trades on behalf of a customer, a stockbroker must get a Certificate of Registration from SEBI. Motilal Oswal is a registered broker with the Securities and Exchange Board of India (SEBI) and has been in the stock market for a long time. In 1987, it was established.

5.Ques: Is Motilal Oswal safe for trading?

Ans: Does Motilal Oswal have the same level of safety as any other SEBI-registered stockbroker? There is a common fear among novice traders that they may lose all of the money they have invested. Such fear, however, is unfounded.

6.Ques: Is Motilal Oswal good for beginners?

Ans: Beginners in the stock market tend to choose the cheapest stockbroker when they first get started. Discount stock brokers are perfect for novice stock traders since they meet all of their needs. MOTILAL OSWAL IS A FULL-SERVICE BROKING FIRM. Although novices may find it useful, they should be aware of the high brokerage fees.

7.Ques: Is Motilal Oswal a free service?

Ans: He is a full-service broker. Varying asset classes have different fees charged by stockbrokers. A full-service broker often charges more than a cheap broker for the same services. – Research and advising services are cited as a way to justify the fee.

8.Ques: What are the brokerage fees at Motilal Oswal?

Ans: The brokerage fees charged by Motilal Oswal vary per asset class. Equities are delivered by Motilal Oswal for 0.50 percent, 0.05 percent for intraday trading, 0.05 percent for futures, 0.05 percent for equity options, and Rs.70 a lot for equity options. Currency futures and options are 0.05 percent, and commodities trading is 0.05 percent.

9.Ques: How to open a Motilal Oswal trading account?

Ans: To open a Motilal Oswal trading account, simply follow the on-screen instructions. Enter your personal information, such as your phone number, name, and email address, on the account opening link on the Motilal Oswal website. Most brokers allow you to start an account totally online once you’ve registered on their website. Motilal Oswal will ask for documentation like an Aadhaar card, a Pan card, and evidence of income, among other things. Your trading/Demat account is active after these papers have been confirmed.

10.Ques: Is Motilal Oswal NSDL or CDSL?

Ans: The depository used by Motilal Oswal is NSDL & CDSL.

11.Ques: Does Motilal Oswal have any hidden costs?

Ans: In the majority of cases, stockbrokers reveal all of their fees. From one perspective, there are no additional costs. Rather, it’s the fault of the end-user for failing to do adequate due diligence on the fees. When conducting business, a slew of fees and charges come into play. To get a clear view of all fees, it is recommended that you utilize a brokerage calculator. Equities are delivered by Motilal Oswal for 0.50 percent, 0.05 percent for intraday trading, 0.05 percent for futures, 0.05 percent for equity options, and Rs.70 a lot for equity options. Currency futures and options are 0.05 percent, and commodities trading is 0.05 percent.