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Motilal Oswal Customer Reviews, Complaints and Feedback (Page 16)


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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

258. Prathik Reddy   I Like It. |Report Abuse|  Link|July 24, 2017 4:46:33 PMReply
EVERY-THING shit.. poor responce

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
257. babansing yadav   I Like It. |Report Abuse|  Link|July 21, 2017 4:38:53 PMReply
charged very high and give false promises

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
256. Nikhil   I Like It. |Report Abuse|  Link|July 19, 2017 10:33:06 AMReply
Charges are very high. For Each SIP of Rs5000 they are charging 28.75 as brokerage charges. This is harassment at its best. i wasnt informed of these high charges before account opening and now cant even stop before 1 year is completed. RM treats you like shit. "AAPKO PEHLE NAHI BATAYA KISINE TOH MAI KYA KARU" is the language used by RM.
255. Swapnil Fulmali   I Like It. |Report Abuse|  Link|July 17, 2017 1:39:22 PMReply
they buy+sell)
they say that they will advice you on trading but the guys as their representative are just some call center people who are like college failed people. once you open the account , they will show you their true face with massive hidden there are several consumer complaints against them for that). Motilal oswal is a biggest fraud broker in India. Never open account with them and if you already had you better switch to Zerodha or SAS online.


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
254. Unknoun   I Like It. |Report Abuse|  Link|June 29, 2017 1:44:24 AMReply
Please take motilal oswal service they are cheater

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
253. Rajesh Panchal   I Like It. |Report Abuse|  Link|June 20, 2017 10:36:58 PMReply
Margine money very high....
252. Dhalu Mal Methani   I Like It. |Report Abuse|  Link|May 26, 2017 12:32:57 AMReply
Brokerage charged higher than contract. My brokerage was charged earlier . 4% of share value or minimum rs. 20 which is higher. Now they charged . 4% of per trade they are cheating with clients. They charg brokage as their convince
251. SAMAR KISHORE   I Like It. |Report Abuse|  Link|June 5, 2017 8:44:24 PMReply
Very very high trading charges and also not reliable .
You need to.cross.check your trades at the end of the day through nse or bse documents.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Above Average
Website Usability - Average
Customer Service - Average
Overall Experience - Below Average
250. SITARAM PANDEY   I Like It. |Report Abuse|  Link|June 3, 2017 2:01:59 PMReply
Going through the several pro and anti comments by clients/traders it is clear that some hidden charges are not explained to clients, is 100% correct. Once I had requested Mr. Sinha the then Chairman Sebi to order all share broking com. to provide full informations like traded value by and sell bifurcated, brokerage charged , Cash outstanding in the client ''s Tr.A/C which will make understand by the traders the profit and loss pertaining to the style of their trading, most of the clients suffered loss in intra day trading mind it.
249. Srikanth gamidi   I Like It. |Report Abuse|  Link|May 17, 2017 6:17:35 AMReply
I have trading account in ZERODHA and MOSL .mosl charges high brokerage on basis of research ,which is not at all useful for traders .They told that they will provide advisor but they won''t .most important thing you can''t see your money in account .after two days of selling shares and after getting profits my account reflects negative balance of 30000 instead of 1.8L.Every time one has to worry as you don''t know what happened to your money .client code EAOPE0110
248. JAY MATAJI   I Like It. |Report Abuse|  Link|April 13, 2017 12:48:07 PMReply
HOW MUCH TIME IS TAKING BY MOTILAL OSWAL AFTER SELL THE STOCKS TO MONEY DEPOSITING TO THE BANK.
247. ANKUR TANTIA   I Like It. |Report Abuse|  Link|April 6, 2017 7:56:55 PMReply
Unprofessional and untrained people are available in Hyderabad office.
Pathetic service- no responses on queries raised. Various issues noted during last 6 months like, no prior information in change in brokerage structure. Selling off shares from my portfolio w/o any updates, misuse of POA.

Planning to shift form MOSL.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
246. fenil patel   I Like It. |Report Abuse|  Link|March 31, 2017 10:58:55 PMReply
ITs all fake, what the brokerage charges they are including profits of 300 in intraday and when bill comes it shows 150 only..means 150 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

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
245. JAY MATAJI   I Like It. |Report Abuse|  Link|March 21, 2017 11:01:17 AMReply
what are the account maintance charges..
and what the other charges the other charges..
244. Krishna Debnath   I Like It. |Report Abuse|  Link|March 16, 2017 1:42:17 AMReply
Sir I want to know your all broker charges ,tax etc .
Suppose I bought xxx company at ₹100 qty 100.
And sale that at ₹104 qty 100.
Now please details your all broker charges ,etc
Send me all details. My client code is EAOP8089
243. KRISHNAN Debnath   I Like It. |Report Abuse|  Link|March 16, 2017 1:35:33 AMReply
This is very bad brokers.my broker charge not as per representative say. And not start my segment. I have all ready signed all form but not activate derivatives option.
My client code is eaop8089.
242. KRISHNAN Debnath   I Like It. |Report Abuse|  Link|March 16, 2017 1:32:31 AMReply
This is very bad brokers.my broker charge not as per representative say. My client code is eaop8089.
241. Vikas Goyal   I Like It. |Report Abuse|  Link|March 9, 2017 4:33:48 PMReply
It''''s a fraud company which show something else while account opening and make fool of their customers

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
240. Avantika Kansal   I Like It. |Report Abuse|  Link|February 23, 2017 8:23:05 PMReply
Very poor service... Website does not show correct information

Brokerage charges though mentioned were .20% initially but they charge 2.5%;
Customer service is very poor; MF SIP missed for a month without any reason and another MF purchased twice in a month without me being aware of.... one is not shared with escalation plan hence you are left on the mercy of the account manager.

EAOPE1735
239. Akhil Gupta   I Like It. |Report Abuse|  Link|February 20, 2017 5:39:26 AMReply
Everything is good except that brokerage is very high

Ratings:

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

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