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Motilal Oswal Customer Reviews, Complaints and Feedback (Page 3)


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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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578 Comments

538. vishwanath   I Like It. 2|Report Abuse|  Link|February 26, 2024 12:50:05 PMReply
Dont Open your account in MOSL, its a third class brokerage house.
537. SANTOSH   I Like It. |Report Abuse|  Link|February 26, 2024 12:43:49 PMReply
NOT LIKES ONLY DISLIKES OF MOSL

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
536. Vipan   I Like It. |Report Abuse|  Link|January 30, 2024 1:56:19 PMReply
Their advisor misguide the new comers in the market and also not tell properly how much brokerage they take

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
535. Muskan bondare   I Like It. |Report Abuse|  Link|January 3, 2024 2:17:52 PMReply
This company is fraud.
Service is very worst.
Without any reason they directly deduct money from account.
Don't open your account in this company.
534. Not Smart   I Like It. |Report Abuse|  Link|January 1, 2024 4:44:45 PMReply
This Motilal surprisingly doesn't have an email or customer feed bank link I think. Pl correct me if I am wrong
533. Not Smart   I Like It. |Report Abuse|  Link|January 1, 2024 4:43:06 PMReply
I want to swith over to some other Broker due to pathetic service / response by Motilal oswal.
532. dana   I Like It. |Report Abuse|  Link|December 13, 2023 10:21:35 AMReply

This company makes it impossible to withdraw your money. I already terminated my business with them after An asset recovery team Againstcon.com tracked and recovered my money
531. Vinod   I Like It. |Report Abuse|  Link|December 6, 2023 12:03:02 PMReply
Zero customer service. No action even after repeated calls and followups

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
530. GAJANAN   I Like It. |Report Abuse|  Link|October 28, 2023 12:35:33 PMReply
Worst company in India

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
529. Zeny Bhanushali   I Like It. |Report Abuse|  Link|June 14, 2023 1:45:37 PMReply
Great Experience

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
529.1. Saptarshi Duari   I Like It. |Report Abuse|  Link|October 9, 2023 9:58:27 PM
PAID RATINGS by SOME ILL ADVISORS
528. Hitndar. B. Parmar   I Like It. |Report Abuse|  Link|September 9, 2023 8:40:38 PMReply



Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
528.1. Saptarshi Duari   I Like It. |Report Abuse|  Link|October 9, 2023 9:51:51 PM
PAID RATINGS by SOME ILL ADVISORS
527. harsh   I Like It. |Report Abuse|  Link|December 16, 2022 12:03:14 PMReply
EVERYTHING IS PERFECT

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
527.1. vidya K   I Like It. |Report Abuse|  Link|August 17, 2023 1:36:41 PM
sub bakwas hain
527.2. Saptarshi Duari   I Like It. |Report Abuse|  Link|October 9, 2023 9:50:46 PM
PAID REVIEW.
526. Khushi patel   I Like It. |Report Abuse|  Link|October 5, 2023 5:44:47 PMReply
Very bad service, They insisted a lot on me at a seminar to attend and put my shares up for sale and I never gave permission, I always said no because I was leaving the country, the girl told me to give her a code but I didn't explain why I didn't say OTP either. She told me a code for something and I gave it to her but she never explained to me that my shares were going to be sold and now they sold it and they are not returning my money and I sent a cancellation but they cut off my money from another month and they still haven't canceled me , joining motilal oswal is the worst thing you can do, only do it if you want to see your money in the water

526.1. Ved Prakash Agarwal   I Like It. |Report Abuse|  Link|October 7, 2023 8:53:04 AM
हम भी आपकी तरह परेशान हैं और हम आपकी बात का समर्थन करते हैं। ये महाभ्रष्ट, बेईमान और धोखेबाज कंपनी है।इनके सलाहकार सबके बाप हैं।हमने सेबी ,MCX,NSE, PMO, उपभोक्ता मंत्रालय, वित्त मंत्रालय और Arbitration में भी शिकायत कर चुके हैं। लेकिन वही ढांक के तीन पात वाली कहावत है‌,जो बिल्कुल सही है।केवल कंपनी की ही सुनी जाती है और कंपनी द्वारा प्रस्तुत जाली दस्तावेजो के आधार को सही मानकर फैसला करते हैं। हमारे पास कंपनी के खिलाफ Fake EKYC और जाली दस्तावेज भी है। जो कंपनी को भृष्ट साबित करने को काफी थे।
526.2. Saptarshi Duari   I Like It. |Report Abuse|  Link|October 9, 2023 9:49:42 PM
Same happened here.
525. bhanu   I Like It. 1|Report Abuse|  Link|September 29, 2023 9:01:53 PMReply
I opened DeMAT account with Motilal Oswal on the advise of one well wisher and friend. I had deposited Rs. 15 lakhs. The adviser told that he would transfer to another adviser whose name is Praveen who was incompetent. He indulged in F&O trading with telephonic permission. Went on booking losses and totally I lost Rs. 8.5 lakhs of hard earned money. No senior is tracking the portfolio. He also invested in currency and again lost money. Any F&O should be accompanied by hedging and stop loss . We depend on experts who are appointed by the broker company. The adviser was incompetent and his senior had no feeling that I have lost money. I do understand that F&O trading is risky and that is the reason we take the broker as adviser. But it is the company and its whole higher ups and hierarchy lack the responsibility. No response at all from any one. Overall very bad experience with MOSL. I wish that someone from MOSL will reply and also compensate by additional actions. This was in FY 2022-23
This is my experience.
Regards
bhanu
525.1. Saptarshi Duari   I Like It. |Report Abuse|  Link|October 9, 2023 9:49:11 PM
Same happened with me.
524. Saptarshi Duari   I Like It. |Report Abuse|  Link|October 9, 2023 9:46:11 PMReply
Never fall in the trap of its advisors. You will loose all your money for fulfilling their targets.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
523. Sahu   I Like It. 1|Report Abuse|  Link|April 21, 2023 9:39:31 AMReply
Motilal is a frod app all advisor behaviour very bad don't use motilal oswal any peoples

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
523.1. Jagdeep   I Like It. 1|Report Abuse|  Link|July 13, 2023 7:08:23 PM
Motilal Oswal is Very bad company please those who have account pls close soon as possible they r the cheeter i have lost my 20 k unnecessarily by trading with there opinion
522. Ajay Chaturvedi   I Like It. 1|Report Abuse|  Link|August 4, 2023 7:30:52 PMReply
PLEASE DON'T DEAL WITH MOTILAL OSWAL AS THEY ARE THROUGHLY UNPROFESSINAL COMPANY IN ALL ASPECT OF BROKING CHARGES/AMC/DEMAT PLEDGE/UNPLEDGE, ADMIN CHARGES, FAILED ADVISIORY, PEAK MARGIN CHARGES PENALTY AND VERY COMMON GENERAL RESPONSE ON YOUR MULTIPLE QUERIES AND CONCERNS. PLEASE HUMBLE REQUEST TO TOTALLY AVOID THIS BROKING COMPANY.

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
521. vidya K   I Like It. 1|Report Abuse|  Link|August 17, 2023 1:35:07 PMReply
Motilal Oswal is bakwas. Don't open account with them and entertain them for anything . The whole people in the organization are fake . They dont have any knowledge about trading or options. they only try to take brokerage from you.
sub kutte hain. Don't lose ur money by opening account with them.
Sabase bada kutta Pankaj hain. khud ko advisory batake paise lutata hain app se.
520. Usha Sampath   I Like It. 1|Report Abuse|  Link|August 23, 2023 10:59:57 AMReply
Worst service
520.1. Ravindra bhatt   I Like It. 1|Report Abuse|  Link|August 25, 2023 11:13:13 PM
Right Motilal Oswal, this company is also a thief and useless fund advisor is also a thief.//Motilal Oswal should not invest in this company even by mistake.
519. Rakesh Gupta   I Like It. 1|Report Abuse|  Link|August 28, 2023 10:50:14 AMReply
The advisors are very cunning and will get you heavy losses, and no one is there to stop them. Ramdeo Agarwal has given them free hand to loot.

Ratings:

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

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