Motilal Oswal Review, Brokerage Charges, Demat A/C, Stock Trading

Motilal Oswal Review : Established in 1987, Motilal Oswal Securities Ltd. is a Mumbai-based company that offers financial products and features. Motilal Oswal and Ramdeo Agarwal established this reputed financial service provider which is spread over 520+ cities, 1,743+ business locations operated by its business partners, registered by 740,000+ customers, and a team of 2100+ employees work for them. They provide services across Institutional Broking, Private Wealth Management, Retail Broking and Distribution, Investment Banking & more. This company exchanges Trades across BSE, NSE, NCDEX, and MSEI.

Mr. Motilal Oswal, the Chairman and MD of this firm was awarded as Outstanding Institution Builder of the year in AIMA India. Four times, the company has won “Best Performing Equity Broker” by CNBC TV 18. So, Let’s get started with unbiased Motilal Oswal Review here.

How to Open a Demat Account with Motilal Oswal Group?

Demat Account is a pathway in which an individual can convert and retain the physical shares in their electronic format. This account is also necessary when you have to trade or hold stocks, securities, or other capital-related investments, unlike a bank account. 

For thirty years, Motilal Oswal has been serving traders and investors across India. With the success, it has helped them to become one of the most trusted brands which provide the best financial services. With Motilal Oswal account opening you can trade very easily. 

Procedure – 

1. First, click on the link- ‘Open Demat Account’, where a new form will pop on the screen. 
2. Fill up the form will all the details without making any mistakes. 
3. After filling up the form, you will receive a call from the executive of Motilal. They will share an online link that can be used for KYC procedures or you can call them for a meeting as well.
4. Then after the KYC procedure, you will need to have Aadhar Card, PAN Card, and a photograph to be able to verify your age, identity and address respectively.
5. After you finish submitting the form and completing the KYC procedure, you may expect a call from one of the authorized personnel on behalf of the company.
6. After completing all the above-mentioned procedures, within a couple of hours, you will have an access to your new account and get log-in details in your email address. 

Motilal Oswal Demat Account Opening Charges 

Opening a Demat account can sound easy but it is not if you are not aware of the fees and the charges that are associated with it. While several brokers offer a free Demat account to their customers, there can still be some Demat charges that can be levied at a later stage. 

But Motilal Oswal Demat charges the registering clients do not have to pay any amount to cover the annual maintenance concerning Trading Accounts. But the company may charge ₹400 every year of annual maintenance charge to maintain a Demat Account. Also, a minimum charge balance of ₹10,000 for the Margin money for their respective traders and investors. Majorly there are four Motilal Oswal Demat account charges– 

• The Opening account charges. 
• Annual maintenance charges.
• The Custodian Fees. 
• The Transaction Fees.  

The above table will show the accurate picture of any and every offer that the company comes up with either on a regular, periodic, or occasional basis.

Motilal Oswal Brokerage Charges & Fees

Motilal Oswal Intraday Trading Plans

During the daytime Motilal Oswal plan covers most of the facilities within its range, making it one of the best platforms. From an investment objective and budget perspective, Motilal Oswal has all types of investment options that allow you to trade some or all of them daily. Apart from regular equity and derivative investments, there are also opportunities for IPO investments. Motilal Oswal offers a discount brokerage program that allows everyday bulk traders to trade without straining their pockets. Several intermediary plans correspond to the investment plans of different traders. The company allows you to link your Demat with transactions with over 40 banks. You can easily transfer funds for transactions by connecting them to most nationalized and various private banks.

Motilal Oswal Brokerage Plan

There are two types of Brokerage Plans-

1. Value Pack Schemes-

This is a prepaid scheme where the client has to pay brokerage in advance. The more elevated the prepaid amount, the lower the brokerage charge applies.

2. Margin Schemes-

The Margin scheme brokerage plan is dependent on the amount of margin the clients provide.

Motilal Oswal Charges

STT

Stamp Duty

(On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)

GST

18% on (Brokerage + Transaction Charge + SEBI Fee)

Why Choosing Motilal Oswal Trading Account?

Motilal Oswal offers you an application and a regular online portal which will give a plethora of benefits of trading online. The main reason for their sheer growth is their focus on technology to deliver a superior digital experience to our customers. And there are many advantages of having an online trading account with Motilal Oswal- 

• Motilal Oswal will assure you that your account is safe and reliable.
• The company will provide a digital robotic advisory service on the online platform. 
• You get a flat-rate service that you can use.
• You will receive a paperless confirmation through eKYC and a trading account will be opened immediately.
• They have a first in their app that is tailor-made for smartwatches so that the traders can access the latest news of markets to get updates on open positions and also check portfolios on the move besides their corresponding net worth.

Motilal Oswal Product and Services

Motilal Oswal is India’s diverse financial services provider offering services such as securities companies, lending, investment banks, wealth management, life, and general insurance, fixed income, IPOs, mutual funds, bonds, and NCDs. The company is also a full-service broker offering equities, derivatives, commodities, and forex trading across BSE, NSE, NCDEX, MCX, and MSEI. Motilal Oswal Securities Ltd is also a distributor of investment trusts, PMS and IPOs. 

Here are some of the services provided by Motilal Oswal – 

1. Motilal Oswal Ace Products- 

• ACE Large Cap
• ACE Small Cap
• ACE FundTech
• ACE Cap
• ACE Smart

2. Motilal Oswal Investments Products- 

• Equity
• Derivatives
• Commodities
• Currency 
• Mutual Funds

3. Motilal Oswal Advisory Products. 

4. Motilal Oswal Structured Products. 

Motilal Oswal – Exposure / Leverage

Motilal Oswal’s margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Motilal Oswal F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX.

Motilal Oswal – Trading Platforms

With the advancement of technology and the evolution of new-age trading platforms and approaches, Motilal Oswal has been consistent in the financial wealth trading industry. To keep the customer happy and satisfied, the company completely relies on technology that they bring into use to enable their respective traders and investors to trade remotely. 

The Full-Service broker has multiple Motilal Oswal trading platforms for different types of Investors –

Motilal Oswal – Customer Care

The following is a list of the services they offer to their clients-

• Online trading
• 24*7 support
• Email support
• Toll-free number

Motilal Oswal Review on Advantages and Disadvantages

To trade one need to open a Demat Account which will hold all financial securities and a trading account which is required for trading in stocks, and currencies. If you want to trade in Motilal Oswal then you should be aware of all the advantages you will get so as the disadvantages.

Advantages- 

• The company provides consulting services, especially for beginners, in all segments such as equities, their derivatives, investment trusts, forex, and commodities trading. 
• The company provides advisory services, especially for beginners in all segments like stocks, their derivatives, mutual funds, currency, commodity trading, etc. 
• With the latest technology to design Motilal Oswal trading platforms that further help traders trade efficiently. In addition, to live streaming courses, we also offer technical analyses such as technical charts and indicators to find trading opportunities on the stock market. 

• They also have varieties of Investment Choices like IPOs, Equity, or Mutual Funds
• They have Ease of Operation with 39 plus banks for Fund Transfer. 

Disadvantage – 

• Since the company is a full-service broker, fees and brokerage fees are the same as other full-service brokers, but not comparable to discount brokers.
• The company does not provide the facility of opening a 3 in 1 account which includes a trading account, Demat account, and a banking account. 
• The company does not provide chat support for their respective investors and traders. 
• They do not provide any Free Stock Tips. 

Motilal Oswal cost

Conclusion

Motilal Oswal is an award-prevailing full-carrier stockbroker in India who offers offerings like research, broker offerings, advisory offerings, funding banking offerings, asset control offerings, mutual fund funding offerings, and portfolio control offerings, etc. So with no doubt, in case you need to spend money on buying and selling then you may choose Motilal Oswal.

FAQs – Motilal Oswal Review

Find Reviews and Brokerage Charges of Other Discount Stock Brokers

Discount Stock Brokers

Find Reviews and Brokerage Charges of Other Full Service Stock Brokers

Full-Service Stock Brokers