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Don't open Account in Motilal Oswal If you are very small trader..........

Service is good But brokerage is to high

For Intraday Brokerage is 7.5paise per 100 rs
For Delivery Brokerage is 50paise per 100rs
In Option Trading 2.5% brokerage is applicable.

AND VERY IMPORTANT

FROM 1ST FEBRUARY MOTILAL IS REDUCED ITS MARGIN AMOUNT IN INTRADAY 3% WHILE OTHERS GIVE YOU 5% & MORE.

ANOTHER DISASTER IS THEY NOW TAKE MINIMUM BROKERAGE 20 RS PER EXCHANGE TRADE.

THAT MEANS IF YOU BOUGHT 1 SHARE AT DELIVERY THAN INSTEAD OF 50PAISE THEY TOOK 20RS DIS CASTING...........

AND IF YOU TRADE IN BOTH EXCHANGE THAN TOTAL MINIMUM BROKERAGE IS 40 RS.

AVOID MOTILAL

ISSUED IN PUBLIC HELP...............