Extensive range of asset classes, award-winning research, personalized advisory services, great customer service, and dedicated MO Trader and MO Investor app are the key reasons that make Motilal Oswal an excellent broker for traders and investors.
Founded in 1987, Motilal Oswal Securities Ltd (MOSL) is one of the oldest full-service brokers in India that offers online trading and investment in stocks, equity derivatives, commodities, currencies, IPO, mutual funds, insurance, and fixed income products. It is among the most popular brokers for award-winning research and portfolio management services.
Open an instant paperless Trading and Demat account in Motilal Oswal to trade across multiple asset classes. The broker serves a diversified customer base including retail clients, high net-worth individuals (HNIs), foreign institutional investors, and corporate clients.
Whether you are an active trader or an investor, Motilal Oswal understands what you are looking for and offers you differentiated powerful trading platforms. MO Trader App and desktop trading terminal are the platforms for passionate traders with live-streaming charting, technical indicators, and advanced features. MO Investor App is particularly designed to invest in stocks and mutual funds.
Its research team works desperately to provide extensive research coverage with 30,000+ published fundamental & technical research reports on over 260+ companies operating in 21 different sectors.
Motilal Oswal has a widespread network of 2,200+ branches, partners’ and sub-brokers offices in 500+ locations in India to provide offline customer support. The broker assigns a dedicated advisor to every client to assist them at every point and provides stock investment ideas and recommendations.
Do you want to know more, read the latest and genuine Motilal Oswal Review 2023 to get an in-depth coverage of its brokerage charges, account opening process, trading platforms, customer care details, and trading pros & cons.
Current promotion offer from Zerodha for InvestorGain Visitors:
Motilal Oswal has a percentage-based brokerage plan that charges a fixed percentage of brokerage fees on trading in different segments. Honestly speaking, MO charges high brokerage fee than top full-service brokers like Kotak Securities Trade Free Plan and ICICI Direct NEO flat brokerage plan. But the only considerable point for opening a Demat account in Motilal Oswal is free access to the broker’s research reports, stock market trading tips, and recommendations.
The full-service stockbroker charges a 0.02% fee on equity intraday and futures trading, 0.20% on delivery trading, equity, and currency options trading is charged at a fixed Rs 20 per lot, and commodity options trading is charged at Rs 200 per lot.
|Trading Account Opening Charges:||Free|
|Trading Account AMC:||Free|
|Demat Account Opening Charges:||Free|
|Demat Account AMC:||Rs 400 per annum [Free for 1st year]|
Here we are comparing Motilal Oswal with its 5 close competitors, who are currently market leader in brokerage industry.
|Broker||Motilal Oswal||5paisa||Zerodha||Upstox||Paytm Money|
|Service Type||Full Service Broker||Discount Broker||Discount Broker||Discount Broker||Discount Broker|
|Brokerage Range||0.02 to 0.20%||Rs 20||Rs 20||Rs 20||Rs 20|
|Account Type||2 in 1||2 in 1||3 in 1||3 in 1||2 in 1|
|Equity Delivery||0.20%||Flat Fee Rs 20||Free||2.5% or Rs 20 whichever is lower||2.5% or Rs 20 whichever is lower|
|Equity Intraday||0.02%||Flat Fee Rs 20||0.03% or Rs 20 whichever is lower||0.05% or Rs 20 whichever is lower||0.05% or Rs 20 whichever is lower|
|Equity Futures||0.02%||Flat Fee Rs 20||0.03% or Rs 20 whichever is lower||0.05% or Rs 20 whichever is lower||0.02% or Rs 20 whichever is lower|
|Equity Options||Rs 20 per lot||Flat Fee Rs 20||Flat Fee Rs 20||Flat Fee Rs 20||Flat Fee Rs 20|
|Commodity||Futures: 0.02%| Options: Rs 200 Per Lot||Flat Fee Rs 20||Flat Fee Rs 20||Flat Fee Rs 20||NA|
|Currency Futures||Rs 20 per lot||Flat Fee Rs 20||0.03% or Rs 20 whichever is lower||0.05% or Rs 20 whichever is lower||NA|
|Currency Options||Rs 20 per lot||Flat Fee Rs 20||Flat Fee Rs 20||Flat Fee Rs 20||NA|
The full-service broking firm facilitates Indian residents and foreign national (NRI) clients to invest in the Indian stock market. Check out the types of accounts offered by Motilal Oswal as follows;
Open a 2-in-1 account means a Demat and trading account with Motilal Oswal, and start trading in stocks, derivatives, commodities, and currencies segments. Having a Demat Account in Motilal serves you the following benefits;
Motilal Oswal claims to be India’s first broker to offer a 100% paperless account opening procedure that allows customers to open an online trading cum demat account in not more than 15 minutes. The account opening journey is kept simple, instant, and superfast so that you can start trading in just a few minutes.
Motilal Oswal offers robust modern-technology online stock market trading platforms across all devices. It has a dedicated mobile app for active traders and investors, and a desktop trading terminal. Let’s have a quick review of the Motilal Oswal trading platforms;
For detail review of mobile app and download please visit Motilal Oswal Trading Platform Review.
There are enormous benefits or advantages of trading with Motilal Oswal. Here are the reasons that make it a good fit for both traders and investors;
There are some drawbacks or disadvantages that might discourage you to not opening an account with Motilal Oswal. Here are some important trading cons;
Thanks to good customer support! Yes, Motilal Oswal being a full-service stockbroker maintains a strong customer connection across all communication touch points whether it is online or offline.
It has a dedicated account opening service desk (helpline number and email) to resolve your account opening-related problems while the customer support desk resolves every kind of client query. It further extends customer care via a personalized advisor for each client.
Apart from this, you can also seek offline branch support at any of Motilal Oswal branches, sub-broker offices, and franchisees spread across 500+ locations all over the country. The company maintains an acceptable turnaround time for every query resolution.
Motilal Oswal has completed a successful journey of 30+ years in the broking space that itself speaks about its strong foundation. Its strength lies in its best expert research & advisory, portfolio management services, great customer services, and dedicated platforms for trading and investment.
Regardless of whether you are a trader or an investor, open a Motilal Oswal Demat & Trading account now and get the best stock investment ideas and advisory. However, if you are a beginner and looking for the lowest brokerage trading account, Motilal Oswal is not a recommended broker rather you can consider opening discount brokers like Zerodha, Upstox, and ProStocks.
Last updated on: 2023-09-14
Yes, Motilal Oswal is a trustable stock broker in India, who is active in the stock market for more than 30 years. This stock broker is registered with SEBI and it is also a member of NSE, BSE, MCX and NCDEX. Motilal Oswal has a physical branch office in 500+ cities in India. You can visit their branch office nearby your town. This full-service stock broker also provides dedicated financial services to its client for managing their portfolio and other financial services.
Motilal Oswal is a trustable stock broker in India. That provides some unique features to make trending easy and comfortable for every generation’s people :
Benefits of F&O trading from Motilal Oswal MO Investor are given as follows:
With Motilal Oswal, you can place different types of orders, given the following :
Follow these steps to place AMO (After Market Order) in Motilal Oswal :
Yes, Motilal Oswal is a full-service stock broker that provides a personal financial advisor to its customer. This financial advisor helps the client in financial sectors such as: MF, Loans, trading, etc.
Yes, Motilal Oswal MO Trader provides Option Trading services. For this option trading it also provides many option strategies and tools.
Yes, you can re-activate your trading account in Motilal Oswal by following the procedure :
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