Motilal Oswal Brokerage Review,Trading, Demat,Charges,Margin

Motilal Oswal Brokerage Review,Trading, Demat,Charges,Margin:- Motilal Oswal is a financial firm that offers many financial Products and Features. Established in 1987 by Motilal Oswal and Ramdeo Agarwal and its Headquarters are in Mumbai, India. It is spread over 520+cities, 1,743+ Business locations operated by its business partners,740,000+ registered customers and a team of 2100+ employees. Mr. Motilal Oswal is the Chairman and MD of this firm and awarded as Outstanding Institution Builder of the year in AIMA India.

Motilal oswal brokerage review 2019Motilal Oswal offers Derivatives products and advisory services on BSE and NSE. The company provides services for wealth management, broking, equity and many more. It is 4 times winner of “Best Performing Equity Broker” by CNBC TV 18. This company exchanges Trades across BSE, NSE, NCDEX and MSEI. Customers can easily avail all the provided services by the company through branches and business partners all over the nation or they can also avail these services Online. The Motilal Oswal provides various trading platforms for its users such as Web Platform for the first time investors, Desktop Platform for those investors who want a fast execution, Mobile Platform through which investors can directly trade from the market on their phone. A very impressive feature of this platform is that you can easily modify or cancel the pending orders. It also offers Call and Trade facilities for the customers without charging any extra cost.

Motilal Oswal Trading Platform

The Web-based platform of Motilal Oswal “www.motilaloswal.com” is a very secure and safe portal of the brokers for trading and exploring the advanced features with confidence like single sign-on, access to market, multiple watch lists and fast order execution. Motilal Oswal provided a step further in technology by offering The SmartWatch App which allows you incredible sets of features. It looks just like a watch a trader can wear this device o their hand and gets all the notifications about the trading market top losers and gainers. It helps you in checking margins both cash and commodities. It helps you being up-to-date by providing instant information on global indices.

Another phenomenal service offered by the Motilal Oswal is the Customer Support they provide full-service communication channels to their customers through E-mail, Phone, Offline Branches and Social Media. They also provide Depository Services by offering 2-in-1 account which includes an online trading account and a demat account.

The Motilal Oswal Desktop Platform is a super-fast execution for trades. It is user-friendly and received a very positive response from the customers. You can download the software from their website and can easily install and run on your desktop or laptop. This trading terminal is best known for its good speed but a little heavy as well. You can experience research reports and recommendations daily, weekly or monthly on this platform. It allows you to access 30,000 research reports. The only negative point of this software is that you need to make sure for a rich trading experience that your computer or laptop has a good enough configuration as this software is quite bulky.

Motilal Oswal Portfolio Management Services (PMS)

Motilal Oswal provides the PMS (Portfolio Management Services) that offers management of your investments with regular reviews and professional risk management. They offer mainly three products Value strategy, Next Trillion-Dollar Opportunity and India Opportunities Portfolio Strategies. It provides professional managers and a team of members to help you and let you enjoy services from large networks of branches all across the nation. It has strong and active risk management and a portfolio rebalancing on a regular basis. It gives you full freedom of switching from one strategy to another. They provide focused portfolio investment for their client and the clients can access their portfolio 24*7 on the Motilal Oswal official website.

Motilal Oswal offers free Trading and Demat Account for customers without charging any brokerage fee for the First Month. But there are some accounts and brokerages which have some pricing fixed. For instance-     Stock Broker Charges

 

Motilal Oswal Brokerage Charges

Brokerage Charge & Fees
Equity Delivery Trading 0.50%
Equity Intraday Trading 0.05%
Commodity Options Trading 0.05%
Equity Futures Trading 0.05%
Equity Options Trading Rs.70 per Lot
Currency Futures Trading 0.05%
Currency Options Trading Rs.70 per Lot
Minimum Brokerage Percentage of Transaction
Demat AMC Charges Free or Rs.300 per Annum
Trading AMC Charges Free
Margin Money Minimum Rs.10,000
Brokerage Calculator Motilal Oswal Brokerage Calculator

 

Motilal Oswal Brokerage Plans

The broking house provides 2 types of Brokerage Plans –

  • Value Pack Schemes
  • Margin Schemes

Motilal Oswal Value Pack Schemes

Value Pack Schemes– It is a type of upfront subscription scheme for a discount in brokerage rates. It is restricted with a definite time period. You can choose your suitable pack on the basis of brokerage rates and the time period and enjoy the benefits. The minimum brokerage for the pac is 3 paisa to 1 paisa   Margin account- In this type of account, the investor is free to set his upfront margin amount at the time when he first opens the account. The minimum brokerage for the margin scheme is INR 20.

Monthly Quarterly Half Yearly Yearly
Upfront Fees (in INR) 2,500 2,500 5,000 25,000 50,000
Validity (in days) 30 90 90 180 365
Account Opening Fee (INR) 0 0 0 0 0
DP – AMC (for 1st Year)  Free  Free Free Free Free
Equity Delivery 0.25% 0.30% 0.25% 0.20% 0.18%
Equity Intraday 0.03% 0.03% 0.03% 0.02% 0.02%
Equity Futures 0.03% 0.03% 0.03% 0.02% 0.02%
Equity Options 60 70 60 40 50
Currency Futures 0.03% 0.03% 0.03% 0.02% 0.02%
Currency Options 20 20 20 20 20

Motilal Oswal Margin Schemes

Motilal Oswal Margin Scheme plan depends upon the client’s margin amount, in simple words higher the margin and there will be lower the brokerage charges.

Margin 1000 Margin 10000 Margin 25000 Margin 50000
Upfront Margin (in INR) 1,000 10,000 25,000 50,000
Account Opening Fee (Rs) Free type Free type Free type Free type
DP – AMC (1st Year)  Free Free Free Free
Equity Delivery 0.30% 0.30% 0.25% 0.25%
Equity Intraday 0.03% 0.03% 0.03% 0.03%
Equity Futures 0.03% 0.03% 0.03% 0.03%
Equity Options 100 75 75 50
Trading Platform Executive Executive Executive Executive
Mobile Access Possible Possible Possible Possible
Free SMS Alerts (buy & sell) Yes Yes Yes Yes
Free SMS Alerts (for advices) NA NA NA Yes
Call N Trade Yes Yes Yes Yes
Advisory services NA NA NA Yes
Research Reports Yes Yes Yes Yes

Motilal Oswal Pros and Cons

Pros

  1. It is an award-winning firm having a strong position in the market.
  2. It provides powerful, fast and secure technology all across its platforms.
  3. LIVE streaming and technical charts are offered by this company to help the investors to make the right decision.
  4. Account opening facilities are phenomenal you can open an account in just 10 minutes with few simple steps.
  5. It provides real-time payouts to customers.
  6.  Activates account in just one day.
  7. They provide daily reports across asset classes.
  8. It provides Discounted Brokerage Schemes.

Cons

  1. To use its online trading platform you must have a demat account.
  2. Their recommendation tips are not so promising as compared with other stock brokers.
  3. Margin Deposits should be INR 10,000+ 3. It’s Mobile App needs to improve.
  4. They have some hidden charges so please make sure before you invest. 5. No brokerage plans available on-site.

Motilal Oswal Official Website: www.motilaloswal.com  Motilal Oswal Customer Care No: 91-22-39982515/ 67490600  Motilal Oswal Support Email: query@motilaloswal.com  Motilal Oswal Call and Trade No: 91-22-39982600 Grievances; grievances@motilaloswal.com  Official Address; Motilal Oswal Tower,  Rahimtullah Sayani Road,  Prabhadevi, Mumbai India – 400025