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Motilal Oswal Customer Reviews, Complaints and Feedback (Page 15)


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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

278. prakash   I Like It. |Report Abuse|  Link|December 23, 2017 1:02:21 PMReply
High Brokarage & unbelivable beheviour to reduce the brokreage.
277. Mounesh   I Like It. |Report Abuse|  Link|December 23, 2017 9:02:05 AMReply
Dear All,

I suggest you to not to open account with Motilal Oswal, I have been operating with them for more than 10 years and was not checking charges vert actively, but recently when I checked detailed reports, to my shock, they charge such a high brokerage, brokerage charged by them is simply un reasonable.

Your RM and customer care, they are the worst I have ever experienced, even govt customer care services scores much higher that yours.
MO customer care executives, they will start shouting on you on a very first conversation.

I am looking to shift from this broker, I am mainly looking for broker who can operated at good brokerage in options.

Kindly suggest.
276. Gaurav   I Like It. |Report Abuse|  Link|November 22, 2017 11:45:37 PMReply
Want to transfer my accounts from one franchise to another and MOSL doesn’t help u .I am written so many emails and doing phone calls but the MOSL team doesn’t help u .They don’t even bother to respond to ur emails.There franchise MR Manish asking for 6000/- rs to transfer the accounts what the shit it is.I have a very bad experience with MOSL.Never open an account with MOSL there customer support is very poor
275. NIRMAL KAUR CHANI   I Like It. |Report Abuse|  Link|November 2, 2017 4:51:55 PMReply
I am senior citizen and I just do option trading to pass my time. Your brokerage is very high.Just for trial I did same trades which I did with another reputable brokerage firm and to my surprise the brokerage charges were less than half as compared with you. I HAVE BEEN TRADING WITH MOSL FOR THE LAST TEN YEARS ON VARIOUS OF MY FAMIL MEMBERS.For example my per lot brokerage including all taxes is more is more than RS 100.in option trading.Kindly give me the details so that I can decide whther to stay with you. In any case I would like to continue with you but you must help taking into consideration I am very old senior citizen. While on the subject I was not given any incentive for opening account like free brokerage for one month.I have lot of contacts and can promote MOSL. Please reply early.
274. Sajeer   I Like It. |Report Abuse|  Link|October 17, 2017 8:45:22 AMReply
I have bad experience

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Customer Service - Below Average
Overall Experience - Very Poor
273. sanjay   I Like It. |Report Abuse|  Link|October 10, 2017 12:29:42 PMReply
Motilal OSwal is only cheater. they charged you without your imagination, They provide you RM but of no use. They are expert in research but never recommends you on time. their recommendation always seen after 3 to 4 hour when market is about to close.
i just squire off all my position within one month and opt another brokare.
272. Anil   I Like It. |Report Abuse|  Link|October 3, 2017 9:44:41 PMReply
ITs all fake, what the brokerage charges they are including profits of 425 intraday and when bill comes it shows 230 only..means 195 are gone for taxes and brokerage. WHF ..i should recommend never ever to open account in this motilal company. idiotic person which give us false commitment before the opening of account
271. Anjali   I Like It. |Report Abuse|  Link|October 3, 2017 6:23:11 PMReply
Motilal is a worst trading platform .Unprofessional staffs poor customer service.Whenever i call my advisor he is busy & they arrange a callback for me from the last month but till now no response. Never ever recommend Motilal to anyone its a fruad company
270. Madan   I Like It. |Report Abuse|  Link|October 1, 2017 2:58:52 PMReply
Dear Sir,

Apologies for inconvenience caused!

Kindly share your client code or contact details & our customer support will get in touch with you soon to resolve the issue.

Team MOSL
269. Anjali   I Like It. |Report Abuse|  Link|September 30, 2017 1:07:54 PMReply
Motilal is worst trading site & their customer service is poor .Unprofessional executives really pathetic .Never ever go with motilal oswal . It s a fraud company .Never buy any MF SIP from them .Whenever i call my advisor he is busy & they arrange call back for me from the last but till now no response.Now i open demat with Zerodha really happy with their service & customer support .Want to close my account in Motilal.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
268. Nagarajan Venkataraman   I Like It. |Report Abuse|  Link|September 29, 2017 1:15:55 PMReply
MotilalOswal is the worst trading site. Their so called helpdesk is never reachable. Infinitely we have to still nobody picks. I want to withdraw my amounts, but there is simply no way to do it at all. I will never recommend Motilal Oswal to anybody. pathetic.
267. Nagarajan Venkataraman   I Like It. |Report Abuse|  Link|September 29, 2017 1:17:11 PMReply
Cant give anything worse hence had to choose 1/5

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
266. Prabhat Kumar Verma   I Like It. |Report Abuse|  Link|September 20, 2017 2:41:05 PMReply
Loot macha rakhi hai brokerage ke naam per, customer care bahot hi sada hua, kabhi bat hi nhi ho pati
265. sunny   I Like It. |Report Abuse|  Link|September 20, 2017 12:06:06 AMReply
never ever go for motilal oswal. it is a money sucking company and u will never gain in this company. i lost more than 12 lac in this hopeless company. look for zerodha and samco for discount broking company and angel for best brokerage and best leverage facility. in angel one can hold shares on leverage for n number of days provided VaR margin is maintained unlike motilal n other firms where leverage is given only for T+5 days.
MOSL gives all recommendations on stocks which hit 52 weeks low. even a small kid will tell that stock price will move up after hitting 52 week low n all time low.

keep away from this fraud company and advise ur friends and relatives not to invest in this money sucking / blood sucking company.
264. sunny   I Like It. |Report Abuse|  Link|September 20, 2017 12:10:27 AMReply
worst brokerage firm. it should be the last option. there are many like serodha, angel broking , samco, RKSV etc whih provide very good service

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
263. nikhil more   I Like It. |Report Abuse|  Link|September 14, 2017 4:21:36 PMReply
customer service is very poor. do not respond properly. almost zero communication from MOSL for any query. no help or advice from MOSL. wrong recommendations.

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
262. mukan singh shekhawat   I Like It. |Report Abuse|  Link|August 24, 2017 5:33:15 PMReply
i have already demat account no 1301930000910021
user id - 162316
now i want operate this accounty
old email id - mukan.shekhawat@sbi.co.in
261. Devang oza   I Like It. |Report Abuse|  Link|August 3, 2017 9:31:03 PMReply
Want to close my account in motilal and need to tref my shares in other. it''s possible.suggest me.
260. Ranadeep saha   I Like It. |Report Abuse|  Link|July 25, 2017 10:18:08 PMReply
I like the reputation of mosl.
I dislike mostly the overcharging brokerages on my transaction from the said agreement.


Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Average
Customer Service - Average
Overall Experience - Below Average
259. prathik reddy   I Like It. |Report Abuse|  Link|July 24, 2017 4:43:51 PMReply
How to close my account from Motilal Oswal Commodities Broker Pvt Ltd, hyderabad.
Is there any online process to close the account or else i''ve to visit you office. Also demanding the nearest office address of the Motilal Oswal, Hyderabad

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