Motilal Oswal Customer Reviews, Complaints and Feedback (Page 9)

Advisor is totally dishonest, brokerage charges are high, look into all my contract notes, they are unable to answer my queries, duck to my questions & never resolve my issues. Advisor is a slimmy character. Fed up with Motilal Oswal Mangalore.

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

way too high brokerage charges in intraday trading.. bad customer service as well.. below average tips(both equity intraday and delivery), excellent online terminal of orion lite.. charges for every trade is high

Ratings:

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

Its got a good software and trading platform. I am sure other brokers too have the some what the same. But the brokerage is way tooooo High. I mean brokerage of 20 per lot per side and then the other taxes & gst makes you loose a lot of money, specially when you are trading in options amounting to almost 50 - 80 lots a week in this volatile market. Whereas with other brokers like Angel, alice blue, you end up saving a sustancial amount per week.

Ratings:

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

Worst brokerage service. Post opening there is nobody to take care. Even money get transferred and dont get credited to your account for months. Also nobody to answer to your queries. Stay away from such Brokerage firms.

I think its a cheater, just keep deceiving people. I and one of my friend, both opened account at the same time and both got fedup.

Ratings:

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

Nam bade darshan khote ka dusara nam means Motilal Oswal. A guy gave webinar for IAP. For all queries during webinar he said 'मैं हु ना. में आपको मेरा What'sapp नंबर देता हू. आपको एक assistant देता हु.' etc etc all sugar coated talks. Then after he assigned a fresh tender boy who do not know n e thing of NRI. Without prejudice trust me now I concluded that I know more about NRI investment than MO team. I wrote to Ajay Menon and he too passed it to a broker bcoz he hims elf do not trust his own team. Seriously looks like the old सोमैया has gone and now MO is at risk. MO team is now in politics and employees has poor interest in employer's business. जल्दी डूबेगा और dubayega.

Motilal Oswal is really total fraud company,I can prove this some proof.from office some disable people hack ur account and ur money drawn by him indirectly with out ur permission and main thing is they misguided there customer and cheated them.after loss ur money they say there customer to buy sip, insurance, mutual fund,lots of commission base product,so far away from this company and save ur money

All the predictions/recommendations from the MO goes wrong. TGS is also faulty. Absolutely useless app.

Ratings:

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

I'm a long term investor and try to have Outlook for 5 to 10yrs in general.
When I first heard of Motilal in 2017, it was supposed to give good suggestions, as in 70 out of 100 suggestions are supposed to hit bulls eye. However, when I started looking at the recommendations, I can say that the suggestions were of 0 value.

The advisors, as Motilal claims, are allocated to each client. However they only are interested in selling Motilal products to clients, sometimes forcefully. Like MF or trading apps or sensibull etc.

I can confidently say that Motilal suggestions are not important for long term investors. If you are not a regular reader and interested in long term markets, you can safely ignore Motilal Oswal suggestions. Motilal charges are high for the various product portfolio it offers, for the suggestions it gives and for the personal advisors

None of them is useful in long term perspective.

Ratings:

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

This is one of the worst financial company where u need to forget once u invest money.
I had invested 3.05 lk just 1 year before and lost my entire money due to wrong strategy done by their executive .After which I was asked to invest 2 lk again to get back lost amount just 6 months before and now ledger balance is Rs.246.
I am really worried and stressed about this and if I don't get solution immediately then this company will face the consequences for sure.

Forget about profits ,just loosing all money.
They get huge brokerage to loose our money and not to get profits for customers.

For this company there are lot of advertisement also given ,God has to save all who have invested money here.

I will wait for a week's time and if not I am going to take serious action on the same for sure in all levels .

Media who is giving publicity for this company will show that this company is making their customers to loose money shortly.

This is the worst brokerage house. Never gets connected to customer care. None of your queries would ever get solved. Never get into this trap at all. Complete fraud work they are doing. Worst customer grievance service!! Moreover very high brokerage

MOSFL is really a wrost management systems , before 3 years i request to mo to shift account from your francies to ho nearby us because we are not getting service , after that mo executive ms. sheetal patil open new account from me with 50 k and afte rthat no any previous account service for close ... i have to pay unnecessary both AMC nd lost 50 k also due to very bad support ... now facing problem to close that no any one responses for that ..
VERY BAD POOR SERVICE AND WRONG COMMITMENT FROM mosl...

Now new manager ujawal jadhav not reply call and nothing.

so many email send for follwoup but no single call

Recently open account at MO at Malad West near NL College worst staff, worst service and Worst rules. They need client who download app n trade and dont disturb them or visit there i feel. want money with less work. Open nearby broker so get proper service.

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

Band karo account 👍👍. I had around 20k loss

veryhigh brokerage rates in default pack, future and option they charge Rs 100 per lot, although Rs 10 per lot rate is easily available in any broking house, I lost Rs 200000 on day one trading as a motilals charge, Even if i had opted any other broker , it would have cost me around 5000 only. so its a huge loss, and a kind of cheating from motilal that th ey enforce so costly.

Ratings:

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

Excetly 👍👍👍👍👍👍 very poor service

There can't be any more thieves than motilal and worst customer support. They continued .small MFs without my consent so that account remains active. There are so many hidden charges and whopping interest rates on margin etc which we don;t realizes

Fraud, Cheaters, Crook or something else...I really cannot determine what actual name should be given to this company. They agreed for a rate of brokerage and deduct the amount of brokerage which is approx 5 to 10 times more then the agreed terms. When i asked for the refund of excess brokerage they simply denied. Their contract note indicates that brokerage would be computed upto 4 digits of decimals but the broker says that their software can compute only upto 2 digits which is lie. They make there investor fool to make money. They are looting all investors in the same way.

Motilal ostwal has worst PMS service ...they only say invest for 3 year get your money doubled...I have invested all my savings in Motilal PMS my result are negative - 25 % now it's almost 3.5 years for investment sensex was 29000 ...so I request not to trust on Motilal oswal bad experience...they only take meetings in 3 star hotel an says will cover loss will do better performance....just kept in as FD in bank would have get 6% min return yearly...that 18% loss ...if we say all this things in meeting ...they investment is subject to market risk...than y we are allowing to experts for our money to invest...iF we have entered in all blue chip fund in 2017 my investment would have give 18% return ...but we believed you...they Are fake ...plz don't invest

These guys are big cheaters. They make us fool by doing sugar coated talks. Today, One of their advisor has given me a loss of 15k. Now, I can only shout on them. But, they are very shameless. They promise so many things but don't do a single thing.

They are big cheaters. They do only sugar coated talks and fool us. Today, they have given me loss of 15K. Now, I can only shout on them. But, it doesn't make any difference to them because there are shameless.

The advisors of Motilal Oswal are big cheaters. Yesterday, they cheated me with 15K. Now, they are giving some stupid excuses. There is no body in grievance cell taking the phone call. The whole company is promoting these cheaters.