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Motilal Oswal Securities Ltd Broker Review and Discussion


User Reviews

36. devendra May 16 2019 04:55:14 PM Reply
Motilal Oswal Securities Ltd is the worst brokerage firm.Very poor advisory service.I had lost almost 40-50 % in last 4 months only because of poor advisory.
All the calls provided them are so worst that it will happen in the reverse.
The staff work for there own earning (commission) & not for clients good.
I don''t see a single reason to recommend MOSL to anyone.
PZ5950

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
36.1. Devender Sep 24 2022 07:24:55 PM
Sir, all those who got cheated by Motilal Oswal should come on a single platform and start campaigning against these cheaters, they have cheated me, and now I am going to put my experience on social media channels. If you also want to join me in this, kindly revert me. My contact is 9772406363. Also, join me on Twitter and retweet my tweets on #boycottmotilaloswal.
36.2. Munishg Mar 16 2024 09:17:18 PM
Hello This has happened with me recently .Looks like Motilal is doing illegal brokerage generation and this is not advisor but it is motilal management instructed .Because when I complained they did not take any action against advisor or brokerage .I am complaining to SEBI with some call recording proofs .I would suggest you guys also do same .SEBI complain form is available on their site .I also twitted and request you guys to comment on my post so that MOFSL stop such bad practice and also no new customer get trapped .
My twitter post link is
https://x.com/Mgupt9023/status/1765147603207868805?s=20

https://x.com/Mgupt9023/status/1767432565911077293?s=20

https://x.com/Mgupt9023/status/1765147601555325347?s=20


Please support to give a lesson for these wrong practices .They can''''t play with our hard earned money .
35. SHAILESH JAIN Jul 09 2017 04:44:17 AM Reply
MOST DISHONEST BROKER, NOT RELIABLE FOR ANYTHING, JUST SAYS MANAGMENT DECISION

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
35.1. Devender Sep 24 2022 07:29:04 PM
Sir, all those who got cheated by Motilal Oswal should come on a single platform and start campaigning against these cheaters, they have cheated me, and now I am going to put my experience on social media channels. If you also want to join me in this, kindly revert me. My contact is 9772406363. Also, join me on Twitter and retweet my tweets on #boycottmotilaloswal.
34. SHAKTI KUMAR YADAV Jun 15 2023 07:04:57 PM Reply
MOTILAL OSWAL IS A WORSE COMPANY WHO MAKING PEOPLES FOOL ON THE BEHALF OF THEIR ADVISORS.THEY ARE MAKING PEOPLE FOOLS TO GENERATE THEIR REVENUE AND BROKERAGE CHRGES. THEY ARE ONLY BOOKING THEIR PROFIT FOR THE COMPANY. LITERALLY I WANTS TO DROP A MESSAGE FOR THE PEOPLES NEVER TRUST ON MOTILAL OSWAL AND NEVER USE THEIR SERVICES OR APPLICATIONS.

BROKERAGE - VERY VERY POOR
ACCOUNT MAINTENCE FEES - VERY POOR
CUSTOMER SERVICE - WORSE
OVERALL EXPERIENCE - WORST
33. Sandeep Aug 15 2023 01:21:52 PM Reply
It shows messages and mtm balances inaccurate sometimes. Not clear in charges and brokerage. Everything seems hidden 😕. But it''s good to trade however. Apps not upto mark they need lot of improvement in case of details in charges when doing trade

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Customer Service - Excellent
Overall Experience - Above Average
32. SHAKTI KUMAR YADAV Jun 15 2023 06:55:12 PM Reply
The advisors in Motilal do not alert about the loss. They simply motivate us to trade irrespective of gain or loss, for their gain. Their daily calls work only 20%. And brokerage value differs when trading is done. GST value in one trade should be explained at the time of opening an account by Motilal sales member or atleast by the brokers/advisors, but they didn''''t. Total waste of money n time in spending with you. Customer service is too worse. Your advisors have also no common sense to talk with their customer.
31. ajay Jun 06 2023 04:28:20 PM Reply
Bakwas company, dont ever trade through them, dont waste your hard earned money on this company, they spend your money as if they got it free (somewhere on road), they are looters, they only care for their fees, whether customer gains or losses non of their concern...

they work like the MET dept of India who predicts rain by looking at the sky, today it will rain, tomorrow it wiil, today it wont.. same way MO guys predict whether it will fall or rise...

Thier staff keeps on changing frequently, very un-professional company..
30. Prem Sep 28 2018 04:03:03 AM Reply
The advisors in Motilal do not alert about the loss. They simply motivate us to trade irrespective of gain or loss, for their gain. Their daily calls work only 50%. And brokerage value differs when trading is done. GST value in one trade should be explained at the time of opening an account by Motilal sales member or atleast by the brokers/advisors, but they didn''t. Total waste of money n time in spending with you. Customer service is too worse.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Above Average
Customer Service - Very Poor
Overall Experience - Very Poor
30.1. Devender Sep 24 2022 07:27:36 PM
Sir, all those who got cheated by Motilal Oswal should come on a single platform and start campaigning against these cheaters, they have cheated me, and now I am going to put my experience on social media channels. If you also want to join me in this, kindly revert me. My contact is 9772406363. Also, join me on Twitter and retweet my tweets on #boycottmotilaloswal.
29. Manoj Patil Aug 11 2018 04:02:15 PM Reply
I am a customer of motilal oswal but more brokerage charges taken from me. I open d mat in Omotilal oswal for advisory support but very poor performance from advisor.
please dont open Dmat through Omotilal oswal

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Excellent
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
29.1. arun verma Jan 25 2019 12:19:06 PM
8285318352 edelweiss broking for less brokerage and better services
29.2. Devender Sep 24 2022 07:26:41 PM
Sir, all those who got cheated by Motilal Oswal should come on a single platform and start campaigning against these cheaters, they have cheated me, and now I am going to put my experience on social media channels. If you also want to join me in this, kindly revert me. My contact is 9772406363. Also, join me on Twitter and retweet my tweets on #boycottmotilaloswal.
28. Neelambar Feb 25 2019 04:03:53 PM Reply
very bad experience with motilal. their accuracy in research calls from equity, commodity and currency are around 20-30%. Dont open account in motilal. choose any discount broker.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Above Average
Website Usability - Below Average
Customer Service - Above Average
Overall Experience - Very Poor
28.1. Imran Ali Mar 12 2019 07:41:54 AM
very bad experience all services is poor hidden charges very high ,
DHOKA! DHOKA !DHOKA !
28.2. Devender Sep 24 2022 07:25:49 PM
Sir, all those who got cheated by Motilal Oswal should come on a single platform and start campaigning against these cheaters, they have cheated me, and now I am going to put my experience on social media channels. If you also want to join me in this, kindly revert me. My contact is 9772406363. Also, join me on Twitter and retweet my tweets on #boycottmotilaloswal.
27. Kalyan banerjee Sep 04 2019 04:11:42 PM Reply
This to bring into your notice that Motilal Oswal is cheating . This is a fraud company. I invested Rs. 5000 to trade but they deducted 4600 and activated value packs and amc free services without giving full and proper information and I also told them before hand that I dont want any other service and want to make full use of the amount that I am investing. Dont fall in their trap because they are here to loot money and also they deduct money without clients permission. They think clients money is their own property and can anything with the money and they dont even bother to reply also.
27.1. Devender Sep 24 2022 07:23:26 PM
Sir, all those who got cheated by Motilal Oswal should come on a single platform and start campaigning against these cheaters, they have cheated me, and now I am going to put my experience on social media channels. If you also want to join me in this, kindly revert me. My contact is 9772406363. Also, join me on Twitter and retweet my tweets on #boycottmotilaloswal.