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Motilal Oswal Customer Reviews, Complaints and Feedback (Page 11)


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With over 35 years of industry experience and a client base which expands to more than 50 lakhs, Motilal Oswal Financial Services Ltd. (MOFSL) has become synonymous with India's investment partner. Incorporated in the year 1987, the financial services firm offers trading services in Equity, Commodity, Currency and Derivatives. It also offers other products like Mutual Funds, IPOs, US Stocks, Gold, Insurance, Fixed Income products and readymade portfolios such as Stock Baskets, Intelligent Adviso... Motilal Oswal Review

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558 Comments

358. Surya   I Like It. |Report Abuse|  Link|July 17, 2020 6:47:11 PMReply
Very poor services. Execute and Team is not supportive and all have too much ego problem. Very expensive

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Below Average
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
357. Kukadia nayankumar   I Like It. |Report Abuse|  Link|July 16, 2020 2:21:59 PMReply
I would like to request not to use Motilala oswal. Useless service . They are always ready to cheat client.
356. Sanjeet   I Like It. |Report Abuse|  Link|June 14, 2020 12:12:49 PMReply
Mosfl are the worst in the asset management business. They are basically cheats. Give wrong advise unprofessionall and very very poor customer service. Pl avoid this cheats and frauds. Only ram deo agarwal has made money who is the owner. Never never trust this company i have list rs 49 lakh in the ntdop pms.
355. Ravikant kumar   I Like It. |Report Abuse|  Link|June 8, 2020 7:44:16 PMReply
EAOPE34488-they have deducted my 200 share on 5 th June & after calling several time neither my broker called me nor it's customer care resolved my issue.I don't recommend this company.this company is totally fraud.
354. A TO Z   I Like It. |Report Abuse|  Link|May 10, 2020 12:25:49 PMReply
N/A

Ratings:

Brokerage - Average
Account Maintenance Fees - Above Average
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Above Average
Overall Experience - Average
353. S kumar   I Like It. |Report Abuse|  Link|May 7, 2020 11:29:35 PMReply
advisor handling of ur acct work as looters from you from 1st wk. They just show first few in minor profits then start creating losses in no time. DNT even allow these ppl to work on ur acct behalf, they do all to create losses but warn thru brkges at high lvl.i sufferd 50k loss in just 1wk.i halted using trdng. Pppl, it's my honest advice DNT even go near these guys. use discount brokrs only to see better results. Be alert n stay out as these loot you out in no time and you are all ur money vanish in no time

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Below Average
Customer Service - Below Average
Overall Experience - Very Poor
352. Mahesh gupta   I Like It. |Report Abuse|  Link|April 24, 2020 1:01:29 AMReply
When you open your account they told you bla bla promises for example best brokerage plan even they told differant brokerage but they charge different ,best technical support which never reply on your mail, advisor who always give excuse and say sir kindly send the mail on querry department they will clear our work is only advise and when you force to advisor make a call from senior then senior after a long time call you react like he is owner of company we customer are going to die for opening of account in motilal oswal, and even they dont charge you on turnover they charge you on every trade which cause you extra so dont be fool and dont open your account in motilal oswal they have only name but they dont have customer dealing as well as honesty they also charge you with technical software support false brokerage and when you complain to advisior or his senior he will give you excuse sir it can be correct by back office but when you call back office they dont reply even i send several email but they dont reply

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
351. Sohana Sen   I Like It. |Report Abuse|  Link|April 22, 2020 2:44:43 PMReply
Disgusting team right from the higher management to the ground level. Unresponsive and no clear clarity. Advisors have no idea how to do trade. Turn around time is very high. They keep passing the buck from one to the other. Will never recommend to anyone.
350. PIYUSH KOTHARI   I Like It. |Report Abuse|  Link|April 13, 2020 10:01:33 PMReply
Worst service experience, unusual charges.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
349. Shabbir Bhinderwalla   I Like It. |Report Abuse|  Link|March 13, 2020 12:11:13 PMReply
FIRST TIME ENTERING INTO INTRADAY MARKET WAS WRONG ADVISED.INITIAL INVESTMENT OF 26000\- WAS DROPPED DOWN WITH HEAVY LOSS OF 12000/- JUST IN 3 TRANSACTIONS IN A DAY.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
348. Santosh Khedkar   I Like It. |Report Abuse|  Link|March 3, 2020 4:47:59 PMReply
Very high brokerage and work for brokage only. Never think customer profit. Never got profit from research calls. Very bad experience got forever . Never forget.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Average
Research Capabilities - Below Average
Customer Service - Below Average
Overall Experience - Very Poor
347. Shreya Sood   I Like It. |Report Abuse|  Link|February 16, 2020 4:30:41 PMReply
Motilal Oswal was the worst service I have ever taken. I had a broker named Naved, who worked on my account 2 times in 1 entire year, he was AWOL most of the time for personal reasons without informing or transferring the account. It was a complete waste of money and time taking these services. I have still not been able to transfer the remaining funds back to my account. Please DO NOT WORK WITH MOTILAL OSWAL.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
346. Raghvendra   I Like It. |Report Abuse|  Link|February 7, 2020 1:27:42 PMReply
Motilal Oswal Securities Ltd is the no 1 worst brokerage firm in India.
Very costly brooking firm without any reason.
I don't see a single positive reason to recommend to anyone.
Stay away from motilal oswal Securities.


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
345. Akshay Gupta   I Like It. |Report Abuse|  Link|January 28, 2020 6:09:51 PMReply
35paise ka buy tha oil 145 ce lot size 3399 mere balance cut kiya 1189 or trade galat buy krwa diya 4 rs se 145ce mere mae fund bhi nhi tha buy hi nhi hona chahiye thae bolte h fno margin nhi dete uske baad bhi 4rs se buy kr diya unhone 14000 ka trade or balnce sirf 5000 tha mera or balnce cut kiya 1189 according to 35paisa or baad me account minus me kar diya ....fraud krte hai ye log

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
344. indy wadz   I Like It. |Report Abuse|  Link|January 15, 2020 5:18:36 PMReply
I was thinking of Switching to Motilal thank GOD I m saved I think Indiabulls is quite reasonable I m with them No concern about brokerage or transactions or fund Transfer in or out ,only I m concerned about research which is again very poor, so I don't follow them only thing is little bit of reputation and number of clients which is significantly less than Motilal!After KARVY issue I m little bit alert about them and want to switch to some tension free broker
343. Vijay   I Like It. |Report Abuse|  Link|January 13, 2020 2:30:57 PMReply
This is a Loot. This brokerage firm only believes in getting maximum trades and get their brokerage but never interested in client's profit. They always give calls late after the rally and trap the traders with their margins. Traders end up in a situation where they can not sell at loss and hence hold the investment by paying high interests. Finally end up losing both the capital and interest.
Worst service providers, they lure you to trade in options and ensure they get higher brokerage. After taking their paid service, i lost 25% of my capital even in this booming market. Worst ever brokerage house.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
342. RAJEEV NAYAN   I Like It. 1|Report Abuse|  Link|August 27, 2019 12:51:25 PMReply
Motilal Oswal Securities Ltd is the worst brokerage firm.Very poor advisory service.I had lost almost 80/90 % in last 1year 10 Days 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 you to anyone. Clint id EAOP11139
342.1. Suresh   I Like It. |Report Abuse|  Link|January 11, 2020 10:57:50 AM
Agree, employees working for their own benifits
341. Snehlata Meshram   I Like It. 1|Report Abuse|  Link|December 28, 2019 12:17:52 PMReply
Before depositng money they call you many times. After depositng they give you some profitable calls and then most of the calls are in loss leading to drainage of your fund. And then they stop you calling.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
340. Suresh   I Like It. |Report Abuse|  Link|January 11, 2020 10:53:03 AMReply
Very much pathetic/hopeless services from motilal, advisors and managers not qualified for trading calls research-they are only trained to get brokerages from costomers by cheating them. Incurred huge losses with motilal-without proper information they activated F&O and staarted trading calls without stop losses.
Very much hopeless and unprofessionalism in services
339. Prabhakar Roy   I Like It. |Report Abuse|  Link|January 7, 2020 2:06:29 PMReply
I am facing problem with his service.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Below Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

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