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Motilal Oswal Securities

Motilal Oswal Securities Ltd. is a Mumbai based stock broking company that was incorporated in 1987. They have a reputed name in the world of financial services providers providing services across Institutional Broking, Retail Broking and Distribution, Private Wealth Management, Investment Banking & more.

In our blog will be primarily focused on evaluating the broker house with respect to the products they have to offer, services they extend, offers they come up with on a regular basis. 

Motilal Oswal Customer Ratings & Review

Broking House

Experience

9.0 / 10

Trading Platform

8.4 / 10

Product & Services

8.6 / 10

Brokerage Charges

8.2 / 10

Research

8.8 / 10

Overall Rating

8.60 / 10

Star Rating

★★★★★

Customer Reviews

304

 

ABOUT Motilal Oswal (MOSL)

Overview

Company Type

Public

Broker Type

Full-Service Broker

Headquarters

Mumbai, India

Founder

Motilal Oswal, Raamdeo Agrawal

Established Year

1987

 

Motilal Oswal is a financial service or broking house firm with various products and services such as Retail Broking and Distribution, Institutional Broking, Asset Management, Private Wealth Management, Investment Banking, Private Equity, Commodity Brokering, Currency Broking and Home Finance.

The Full-Service broker’s client includes retail customers, foreign institutional investors, retail customers, mutual funds, financial and corporate clients.

Motilal Oswal has a network spread over 600cities and towns comprising 2500 Business locations operated by the company and its Business Partners. The company had 1.5 million registered customers and a team of approx. 2400 employees.

The broker house has a very solid result-oriented research team. The company invest almost 10-15% of their revenue on equity research. By 2017, the company had 30 research analysts researching over 240 companies across 25-divisions. From a research perspective, Motilal Oswal’s research reports are very accurate.

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 

The above-mentioned table of contents has been deliberately positioned there so as to bring to your concern all the brokerage charges that Motilal Oswal imposes on their respective customers for trading with the broking house or for seeking the services Motilal Oswal have to offer.

As you can see, they typically charge Rs.70 per lot in terms of brokerage for Equity Options Trading, 0.5 % in terms of the brokerage on the overall trade value of Equity Delivery Trading, 0.05% in terms of the brokerage on the overall trade value of Equity Intraday.

The company charges 0.05% or 5 paisa brokerage on the overall trade value of Commodity Options Trading, Currency Futures Trading, and Equity Futures Trading. For Currency Options Trading Rs.70 per lot in terms of brokerage.

The company also charges a sum of Rs.300 as AMC on a yearly basis for the sake of maintaining a client Demat Account and a minimum brokerage with respect to a certain percentage of trading.

The investors must maintain a minimum of Rs.10,000 in terms of Margin Money so as to trade without any interference.

If any client or user still feels the need for any further or more assistance in order to calculate the exact amount of brokerage trader or investor will be charged for trading a particular amount of shares across multiple derivatives and equities, then the client must check out their dedicated brokerage calculating tool.

Motilal Oswal Brokerage Plans

The broking house provides 2 types of Brokerage Plans –

  • Value Pack Schemes
  • Margin Schemes

Let’s have details of the 2 brokerage plans below –

Motilal Oswal Value Pack Schemes

The Value pack scheme of Motilal Oswal is a prepaid scheme where the client has to pay brokerage in advance. 

 

 

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 brokerage plan is dependent on the amount of margin the investor provides. 

 

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 advice)

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 Other Charges

Other Charges

Transaction Charges

0.00335% of Total Turnover

STT

0.0126% of Total Turnover

SEBI Turnover Charges

0.0002% of Total Turnover

Stamp Duty

Depends on State (very minimal)

GST

18% of (Brokerage + Transaction Charges)

Motilal Oswal, provides multiple financial trading related services charges 0.0002 % of the overall turnover value in terms of SEBI Turnover Charges, 18 % GST on the overall value of the sum of brokerage.

The boring house charges 0.00335 % on the overall value of turnover as Transaction Charges, 0.126 % on the overall value of turnover as Securities Transaction Charges, and a variable but minimal amount in terms of Stamp Duty which is applicable with regards to the laws and boundaries of various states.

Motilal Oswal Demat Account Opening Charges

Demat Services

Depository Source

NSDL & CDSL

Account Opening Charges

Zero

Demat AMC Charges

Free or Rs.300 per Annum

Trading AMC Charges

Free

Margin Money

Minimum Rs.10,000

Offline to Online

Yes

There is a reason that Motilal Oswal has more than 1 million active investors doing business with the broker house from across the country.

Motilal Oswal provides trading platforms for every investor in India to become a part of the company’s trading culture. The registering investors or clients do not even have to pay anything to take care of the AMC (annual maintenance charge) with respect to Trading Accounts.

Nevertheless, the company does seek a charge of Rs.300 on a yearly basis with respect to the annual maintenance charge so as to maintain a Demat Account and a minimum balance of Rs.10,000 in investor Demat accounts terms of Margin Money. 

Motilal Oswal Offer

Offers

Free Demat Account

Yes

Free Trading Account

Yes

Discount on Brokerage

Yes

Trading Happy Hours

No

Flexible Brokerage Plans

Yes

1 Month Brokerage Free

Yes

Holiday Offers

No

Referral Offers

Yes

Zero Brokerage for Loss Making Trades

No

The above-mentioned table of contents has been deliberately presented to you so as to give you a proper picture of any and every offer that Motilal Oswal comes up with either on a regular or periodic or occasional basis.

Typically speaking, they have offers in relation to the provision of opening a Free Trading Account, Discount On Brokerage, Flexible Brokerage Plans, Referral Offers, Opening of a Free Demat Account, and also Motilal Oswal provides free one-month trading without being charged any brokerage.

Investors must understand that Motilal Oswal have absolutely no offers in relation to Holiday Offers, Trading Happy Hours, or the provision to charge Zero Brokerage for Loss Making Trades.

Only for the 1st month with Rs 500 waived and you can also avail free brokerage for the first month, free access to research and advice, and free use of trading platforms. It is only valid for a limited period.

Motilal Oswal: How to Open a Demat Account with?

The broker house has been serving the clients and investors across the nation previously thirty years in a row which has also helped Motilal Oswal to become one of the most trusted brands within the nation in terms of financial service providers.

Looking at all the awards they have been awarded and all the services they provide, it will not be exaggerating to say that they have well earned their position amongst the top players across the nation.

So, if you too are looking forward to joining their brigade then simply follow the steps as mentioned underneath:-

  1. Click on this link or button: Open free Demat Account 
  2. As soon as you click on the button, a new form will pop up on your computer screen.
  3. You will receive a call from a responsible executive from Motilal Oswal.
  4. They will share an online link that can be used for the KYC procedure or you can call them for a meeting as well.
  5. Completing the KYC procedure will require you to have an Aadhar Card, PAN Card, and a photograph in order to be able to verify your age, identity, and address respectively.
  6. After you finish up submitting the form and completing the KYC procedure, you may expect a call from one of the authorized personnel on behalf of the company.
  7. After you conclude all the previously mentioned steps, you may expect to get access to your new account within a couple of hours.

Why Open Motilal Oswal Trading Account?

Here given important points and reason to why Open Demat or a trading account with the Broker house Motilal Oswal –

Advisory Services

  • Available across asset classes
  • Available and working devices – Desktop, Web browser, Mobile, and Tablet.
  • Customized plan across all products and financial services according to risk profiles including high, moderate, or low.
  • Advanced tools & strategies for various requirements

Leading Broker in India

  • Best Performing Broker house in India by business news channel CNBC TV18 – (FAA) Financial Advisor Awards (4-times)
  • 30+ years of wealth creation and expertise
  • 10 lakh+ customers, 2200+ locations, 550+ cities

Research Services

  • Best Market Analyst and advisory tips for FMCG and IT sectors.
  • Over 32000 research and analytics reports across 245 companies and 20-26 sectors (All sectors).
  • Highly Dedicated and expert technical research teams for large-cap and mid-cap.
  • Availability of various reports across asset class
  • LIVE streaming news, blogs, and quotes on the website on web browsers, and technical charts help in making the right decisions for investors.

Product & Services

  • The broker house provides all kinds of trading & investment solutions for all financial services. 
  • Investors or clients can trade across all major exchanges like – NSE, BSE, NCDEX and MSEI
  • All trading and financial products are backed by proper advice and research.
  • Highly skilled dedicated advisors. The broker house provides investors a Call & Trade desk.

Operational Efficiency

  • Account opening is very simple and user friendly. An account gets activated within 24 hours
  • Dedicated customer care service team
  • Dedicated team for Risk Management System

Motilal Oswal Products & Services

Motilal Oswal Products

Products

Equity Trading

Yes

Commodity Trading

Yes

Currency Trading

Yes

Options

Yes

Futures

Yes

Mutual Funds

Yes

Forex

Yes

Banking

No

SIP

Yes

Insurance

No

If any investor or client takes a careful look into the given table of product content, then they will get a clear outlook of all the Broker house Motilal Oswal products, as a full-service stock broking company has to offer to their respective clients, traders and investors.

Motilal Oswal typically also has products with relation to Mutual Funds, (SIP)Systematic Investment Plans, Equity Trading, Options Trading, Options Trading, Commodities Trading, Commodities Trading, Currency Trading, Futures Trading, and Forex Trading.

Nonetheless, you must also acknowledge the fact that they do not have any products related to Banking or Insurances.

Services offered by Motilal Oswal

Services

Demat Services

Yes

Trading Services

Yes

3 in 1 Account

No

Intraday Services

Yes

IPO Services

Yes

Stock Recommendations

Yes

Robo Advisory

No

PMS

Yes

Trading Institution

No

Trading Exposure

Up To 30x

Here, looking carefully into the table or chart of services that have been deliberately presented to investors above, traders will get to understand all the services that the broking house extends to across the country.

Having said that, you must also bring into consideration the fact that they do not have any offers related to Robo Advisory, Trading Institution, or 3 in 1 Account.

Motilal Oswal Research & Advisory

Research & Advisory

Fundamental Reports

Yes

Research Reports

Yes

Company Reports

Yes

Annual Reports

Yes

Company Stock Review

Yes

Free Stock Tips

No

IPO Reports

Yes

Top Picks

Yes

Daily Market Review

Yes

Monthly Reports

Yes

Weekly Reports

Yes

Offline Advisory

Yes

Relationship Manager

Yes

The broker house is literally very proud of their employees and team’s skills in providing some of the best Advisory and Research-Based services to their respective clients, traders, and investors.

And, quite frankly, they are rightful about their choice of action, considering the fact that they provide research and advisory related services with regards to Monthly Reports, Company Stock Overview, Initial Public Offering (IPO) Reports, Top Picks of the day, month or year & more.

The broker house only provides financial Research and Advisory to clients and traders they do not provide Free Stock Tips to any investors or traders.

Margin/Leverage/Exposure/Margin provided by Motilal Oswal 

Exposure / Leverage

Equity Delivery

Up To 15x

Equity Intraday

Up To 30x

Equity Futures

Up To 15x

Equity Options

Up to 5x

Currency Futures

Up To 15x

Currency Options

Up to 12x

Commodities

Up To 15x

Margin Calculator

Motilal Oswal Margin Calculator

The table of contents as mentioned above has been presented in a way so as to give you proper hints about the kind of leverage the broker house has to offer to their clients, traders, and investors who registered across all the major asset segments including Equity, Equity Intraday, Equity Delivery, etc.

As must be clear to you by now, the broker house typically offers a leverage of up to 15x on trading Equity Delivery, a leverage of up to 12x on trading Currency Options, a leverage of up to 15x on trading Currency Futures, a leverage of up to 15x on trading Equity Futures, a leverage of up to 5x on trading Equity Options, a leverage of up to 15x on trading Commodities and a leverage of up to 30x on trading Equity Intraday.

If any client or investor is still looking forward to getting further assistance regarding calculating the exact leverage will be getting for his or her trading account in a particular set of shares from the different asset, share, or stock classes altogether, the client should rather take the help of the trader house dedicated Margin calculator.

Motilal Oswal Trading Platforms

Trading Platforms

Desktop Platform – Windows

Yes

Desktop Platform – Mac

Yes

Desktop Browser Platform

Yes

Mobile Site Platform

Yes

Android App Platform

Yes

iOS App Platform

Yes

Windows App Platform

No

Other Mobile OS Platform

No

Real-time Updates

Yes

Portfolio Details

Yes

Online MF Buy

Yes

News Flash

Yes

Research Reports

Yes

Easy Installation

Yes

Global Indices

Yes

Stock Tips

Yes

Personalized Advisory

Yes

Interactive Charts

Yes

Live Markets

Yes

SMS Alerts

Yes

Email Alerts

Yes

Multi-Account Management

Yes

The broking house, one of the oldest and trusted companies in India serving across the financial industry including the Financial wealth trading industry, has been consistent about their evolution in terms of new age, updated, secure, and user-friendly trading platforms.

As a matter of fact, Motilal Oswal relies a lot on technology so as to keep their respective clients and investors happy and satisfied:-

Motilal Oswal Trading Terminal

As a full swing progressive “full service” broking house, they have developed a compact and updated software capable of enabling the investors to trade through Motilal Oswal’s respective computer systems called the “Orion Lite”.

As per customer, investors, and traders “Orion” is one of the best terminal based trading platforms available in India. Here we describe Orion features:-

 

 

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