Motilal Oswal

Overview

With over 35 years of experience in the industry and a client base exceeding 50 lakhs, Motilal Oswal Financial Services Ltd. (MOFSL) has established itself as a prominent investment partner in India. Founded in 1987, the financial services firm provides trading services in Equity, Commodity, Currency, and Derivatives, as well as other products such as Mutual Funds, IPOs, US Stocks, Gold, Insurance, and Fixed Income products, including readymade portfolios like Stock Baskets and Intelligent Advisory Portfolios.

Motilal Oswal's key strength lies in its extensive industry experience and research-based advisory services. The company has received multiple awards for its research services, with its research division publishing over 80,000 reports covering 100 stocks across 45 sectors, and regularly releasing reports on companies, sectors, thematic investing, and market analysis.

In addition to serving retail investors, Motilal Oswal has a diversified client base comprising High Net-worth Individuals, mutual funds, foreign institutional investors, financial institutions, and corporate clients.

Motilal Oswal's brokerage charges include 0.20% for Equity Delivery, 0.02% for Intraday Futures, and Rs 20 per lot for Equity and Currency Options. The commodity brokerage charges are 0.02% for Futures and Rs 200 per lot for Options. Notably, Motilal Oswal has introduced Free Equity Intraday Trading for Lifetime, making it a pioneering stock broker in India to offer free intraday trading to its customers. However, these rates are subject to negotiation, and investors can secure a significant discount on the standard rates if they are serious traders or investors, which contributes to Motilal Oswal being the preferred choice of over 50 lakhs investors, including prominent traders and investors.

Motilal Oswal Registration Details

Brokerage on Trading with Motilal Oswal

When trading with Motilal Oswal, a brokerage fee of 0.20% is applied to Equity Delivery transactions, 0.02% to Equity Intraday and Futures; and ₹20 per lot for Equity and Currency Options. A key benefit of trading with Motilal Oswal is the opportunity to trade equity intraday at 0 brokerage for a lifetime. Additionally, traders can negotiate reduced brokerage charges for larger volume trades, a feature not typically offered by discount brokers.

Motilal Oswal Default Brokerage Charges

Motilal Oswal Account Opening Charges

Motilal Oswal Trading Software (Motilal Oswal Trading Platforms)

Motilal Oswal provides a variety of online trading and investment software and mobile applications. The following are some popular trading software options offered by Motilal Oswal Financial Services:

1. Motilal Oswal App, also referred to as MO INVESTOR APP
2. MO Trader App, specifically designed for traders
3. Desktop Exe and Web login

A review of Motilal Oswal Trading Software is available in the source content for further information.

Investment Products

Motilal Oswal provides a diverse range of investment solutions, including Intelligent Advisory Portfolios, expertly curated baskets of stocks, smallcases, insurance, bonds, and more. The following are some of the investment solutions offered by Motilal Oswal:

Intelligent Advisory Portfolios (IAPs)

IAPs comprise a broad spectrum of pre-packaged equity portfolios, advised by registered investment advisors (RIAs), suitable for both active and passive investors. These portfolios are carefully curated and monitored by RIAs, adhering to strict guidelines and parameters to optimize the risk and return ratio of your investment.

To invest in Intelligent Advisory Portfolios by Motilal Oswal, please follow these steps:

1. Login to MO INVESTOR APP
2. Go to Menu
3. Select INVESTMENT OFFERINGS
4. Click on Intelligent Advisory Portfolios
5. Select an IAP that aligns with your investment goals

Motilal Oswal Smart Baskets

Smart baskets are portfolios of stocks, expertly curated to cater to the specific needs of investors. These baskets are meticulously designed by the MO research team, considering various factors such as sector, performance, and long-term value generation. Each basket of stocks focuses on a specific theme, sector, or investment strategy, providing investors with diversified exposure to stocks that align with their investment objectives. To invest in Smart Baskets with Motilal Oswal, follow these steps:

1. Login to MO INVESTOR APP
2. Go to Menu
3. Select MO Research Advice
4. Click on Basket
5. Select a Basket that suits your investment needs

Smallcases

By opening an account with Motilal Oswal, investors can now invest in smallcases, a curated portfolio of stocks that are intelligently designed and pooled based on a specific investment theme, strategy, or sector. Motilal Oswal Smallcases are carefully constructed by in-house professionals who conduct in-depth research and analysis to select the stocks or ETFs they contain. Expertly curated smallcases are built around a unique investment thesis, such as sector-based smallcases, thematic smallcases, or model-based smallcases. To invest in Smallcases with Motilal Oswal, follow these steps:

1. Login to MO INVESTOR APP
2. Go to Menu
3. Select INVESTMENT OFFERINGS
4. Click on MO EXCLUSIVE SMALLCASE or ALL SMALLCASE
5. Select a Smallcase that aligns with your investment goals

Motilal Oswal Margin Exposure

Motilal Oswal's intraday trading margin is available up to 20% of the trade value, with a maximum leverage of 5x, depending on the specific stock. For Motilal Oswal F&O intraday trading, the margin is set at 1.3x across various trading segments, including Equity, Currency, and Commodity trading on the BSE, NSE, and MCX exchanges. Additionally, there are no extra margins provided for carrying forward Motilal Oswal F&O positions or for equity delivery trades.

Motilal Oswal Pros and Cons

Motilal Oswal Pros (Advantages)

The following are the benefits of Motilal Oswal. It is essential to review Motilal Oswal advantages and disadvantages before opening an account with Motilal Oswal. Motilal Oswal pros and cons will help you determine if it meets your investment requirements.

1. 35+ years of Trading and Investing experience - Recognized for their Research in the industry and Wealth Creation Studies by Mr Raamdeo Agarwal, also known as the "Warren Buffett of India"
2. Lifetime free Equity Intraday Trading.
3. Free 1st Month FnO Brokerage up to Rs 1,000
4. Diverse range of investment options - Stocks, Derivatives (Futures and Options), commodities, currencies, IPO, mutual funds, insurance, fixed deposit, Gold, US stocks, Sovereign Gold Bonds, Smallcase expert-curated ready investment baskets, and Intelligent Advisory Portfolios
5. Investors can also purchase shares of unlisted companies through PMS services offered by Motilal Oswal
6. Up to 4X margin on a select range of stocks to maximize your capital
7. Free daily expert research and advisory calls, along with a Personal Advisor to assist you in investing
8. Free Trading Software - Different Apps for Investors and Traders
9. Access to Options Store - Multi-leg options strategy, powered by expert mind and AI algorithm
10. Access to MO Exclusive Smallcase - MO expert-curated small cases for all beginners
11. Stock SIP feature - invest regularly in a stock you prefer
12. Free and early access to Investor Community - StoCoMo

Motilal Oswal Cons (Disadvantages)

The following are the drawbacks of Motilal Oswal. Review the list of Motilal Oswal disadvantages.

1. Very high brokerage charges compared to other full-service brokers and discount brokers.
2. Doesn't offer 3-in-1 account.

Motilal Oswal Ratings

Based on evaluations from 153 Motilal Oswal clients.

Are you a Motilal Oswal trader? Share your rating for Motilal Oswal.

Motilal Oswal Complaint

The volume of Motilal Oswal customer grievances received by the exchange authorities. The Motilal Oswal complaint report provides insight into the quality and dependability of the services offered by Motilal Oswal.

The number of active clients reported by the brokerage firm. The total number of grievances lodged against the broker at the respective exchange.

Motilal Oswal Complaints at BSE, NSE and MCX can be found in the source content for a detailed report.

Frequently Asked Questions

1. How to close Motilal Oswal account online?

Closing a Motilal Oswal account online is not an option.

The steps to close your Motilal Oswal account offline are as follows:

1. Download the account closure form.
2. Fill the closure form with the required information and sign it.
3. Submit the form to their head office or physically visit the nearest branch.

Key considerations before initiating the account closure process:

• Ensure your account is empty of shares.
• Settle any outstanding dues.
• Close any open F&O positions.

2. Is Motilal Oswal good?

Motilal Oswal is a reputable brand in India, operating in the Indian stock market and regarded as one of the top stock brokers.

Motilal Oswal provides a broad range of financial services to its clients, including various demat accounts and investments in nearly all securities available in the Indian market. Some key aspects of Motilal Oswal include:

• A client base of over 50 lakh
• Recipient of over 100 awards for their work
• Multiple online trading platforms
• Investments in stocks, commodities, derivatives, currencies, mutual funds, IPO, gold, insurance, etc.
• Intelligent, auto-completed SIP form with 1-click investments
• Facilities like in-depth stock or system analysis and recommendations
• All these factors make Motilal Oswal a reliable, efficient, and versatile company offering numerous products and services under one roof.

3. Is Motilal Oswal a discount broker?

Motilal Oswal is a full-service stock brokerage firm operating in the Indian market since 1987.

Discount brokers primarily offer buying and selling of financial assets at a lower cost than full-service brokers. However, discount brokers do not provide personalized advice and research.

Motilal Oswal offers research, recommendations, personal advice, scheme analysis, etc., in addition to buying and selling securities.

4. Is Motilal Oswal a full-service broker?

Yes, Motilal Oswal is a full-service brokerage firm. The company is headquartered in Mumbai, with operations spread across the country.

5. What does Motilal Oswal do?

Motilal Oswal is a financial services company founded in 1987, headquartered in Mumbai, and offering its services nationwide through branches in various states.

Motilal Oswal provides a wide range of financial services, including asset management, brokerage and distribution, commodity trading, portfolio management, institutional equity, private equity, and investment banking.

The company offers various products and services, creating numerous opportunities for investors and traders.

Motilal Oswal allows you to open demat and trading accounts, access various trading platforms such as MO Investor App, MO Trater App, and utilize calculators like Brokerage Calculator, SIP calculator, etc.

Financial services offered by Motilal Oswal include Dedicated Advisory, SIP via Whatsapp, Portfolio Restructuring, 24*7 Chat Services, ICICI Bank Loan Services, etc.

6. How Motilal Oswal works?

Motilal Oswal offers online desktop platforms and mobile applications for trading and investment. Customers can trade and invest in a variety of products, such as Mutual Funds, PMS, Shares, Fixed Deposits, Bonds, NCDs, Insurance Products, IPOs, etc., and track all their investments and related funds through these online platforms. The company also allows its customers to open a 2-in-1 account (Demat and Trading).

Motilal Oswal has established offices in various states and cities, from which the company's business is operated and managed. This is also beneficial for customers, as they can easily contact them if they have any queries.

7. How is Motilal Oswal?

Motilal Oswal is a well-established stock brokerage firm that offers financial products and services. Some of the features of Motilal Oswal are:

• Operating since 1987.
• Listed on the BSE and NSE.
• Offers investments in equities, derivatives, commodities, currencies, mutual funds, bonds, corporate fixed income, PMS, US equities, small cases.
• Provides margin trading facilities.
• Offers investments in IPO.
• Multiple trading platforms.
• Competitive brokerage fees.
• Research, analysis, and recommendations available