Motilal Oswal Customer Reviews, Complaints and Feedback (Page 12)

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

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

Agree, employees working for their own benifits

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

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

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

Very bad service and they are cheating his client till customer money is zero.

I first used their PMS.THEy sold all my blue chips and purchased penny stocks.
Thereby reducing the n e from 26lacs to 20, Lacs
Whereas if I kept those shares as it Is it would have increased to 36lacs by conservative estimate.
Thereafter I converted the PMS to normal demat.
Hereagain they coaxed me to a trade knowing fully well that they're taking the trade against the trend.thereby causing loss of 50000.
Thereafter also cajoled to take new trade to cover this loss which I declined.
Apart from that there is lot of nontransparent things are there.
Although I have mandate for nominee it had not been registered

Ratings:

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

Have lost lacs with motilal oswal. Customer care is pathetic.

Ratings:

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

If any one going to open the trading account or already have the one, please beware of personal advisors in Motilal. They never bothered of your hard earned money. I made huge loss just within one month by putting trust on them. Only they are interested to earn more commission by putting your money in risk. Dont opt for any plans or packages in hurry without thinking twice or thrice. Brokerage charges really high in market.I observed their all types of trading platforms are technically sound without any technical glitch at any moment.

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. EAOP11139

Ratings:

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

This to bring into your notice that Motilal Oswal is cheating . This is a fraud company. I invested Rs. 5000 to trade but they deducted 4600 and activated value packs and amc free services without giving full and proper information and I also told them before hand that I dont want any other service and want to make full use of the amount that I am investing. Dont fall in their trap because they are here to loot money and also they deduct money without clients permission. They think clients money is their own property and can anything with the money and they dont even bother to reply also.

The worst part of Motilal Oswal Securities Ltd is very poor customer support with false commitment while opening the account. Will never refer anyone. Also planning to close the account after seeing the customer service & false commitments withing 3 monmths of account opening.

Ratings:

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

High brokerage

Ratings:

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

i do not recommend to open demat account or trading account with this broker

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Below Average

The calls issued in the last one month are majority of them are wrong. Lost 50%of money.

I'm a naive in this trading and there is no proper training as well. My experience is a major debacle.

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Below Average

service poor

Ratings:

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

Motilal Oswal Securities Ltd is the worst brokerage firm.Very poor advisory service.I had lost almost 40-50 % in last 4 months 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.

Dear Sir, we understand that our team has contacted you.

One of the worst F*** brokers. Don't open an account with Motilal Oswal Securities Ltd (MOSL) at any cost and never trust them . These guys (Advisors) will always ask you to use margin so that they can earn more brokerage from you.
Very Bad accuracy (only 10% correct)
Don't open an account if you don't want to loose you money.
PZ5950

Dear Sir, we have escalated your concern with our relevant team. You will be contacted soon.

In account opening motilal oswal says 1 St year AMC free and 2nd year 250 +++ Gst ....
But ledger check that charges 1050+++ Gst in 1st month ...and other hidden charges very high....
Others segment Brokers No Demate charge and free Brokerage... But motilal oswal says 1 St year free But charges 1050+++Gst

Motilal oswal says 1 St month Online Brokerage credit in account But Not credited

EAOP6484 - the charges seems to be high. the mobile app hangs and in the crucial juncture it doesnt function. Especially in the morning 9.15 market opens but the app doesnt work properly (dont show the exact value of stock prices) upto 10 am...

pathetic service

Ratings:

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

Dear Sir, Thank you for sharing your client code. This will help us to address your concern effectively. Our team will contact you soon.

Dear Sir, our customer care team has responded via email. Kindly refer to the email, we believe we are able to resolve your issue.

I have observed,that most of the comments are negative. My experience is also very bad . Transparency in brokerage is very poor and hidden charge are extremely very high. Trading in Motilal Oswal is only to loose money.

Rating
Brokerage High
Account Maintenance Fee High
Customer Service Very Poor
Overall Experience Very Bad