Motilal Oswal Review

Category: Reviews | Author: Trading Brokers | Date: October 12, 2023

Motilal Oswal is one of the leading financial services companies in India, offering a range of products and services for investors and traders. It was founded in 1987 by Motilal Oswal and Raamdeo Agrawal and is headquartered in Mumbai. It is regulated by various regulatory bodies in India, including the Securities and Exchange Board of India (SEBI). Motilal Oswal claims to provide a variety of trading platforms, tools, education, markets, and account types for its clients. It also claims to have a strong research team that provides market insights and analysis to help clients make informed investment decisions. However, not all brokers are created equal, and some may have hidden fees, poor customer service, or limited accessibility. Therefore, it is important to conduct a thorough and unbiased review of any broker before deciding to trade with them. In this article, we will review Motilal Oswal and provide our verdict on whether it is a reliable and trustworthy broker to trade with.

Pros & Cons

  • Provides various platforms, tools, education, markets, and account types for investors and traders
  • Offers competitive commission rates and leverage options
  • Regulated by SEBI, RBI, and NSE in India, ensuring fair and transparent trading
  • Offers personalized portfolio management services and robo-advisory for high-net-worth individuals
  • Provides access to over 5,000 stocks across Indian and international markets
  • Operates in international markets that may have different regulatory frameworks and jurisdictions
  • Requires a minimum deposit of INR 25 lakhs for the PMS account
  • Charges annual maintenance fees for the demat account

Summary 

Motilal Oswal Review

Motilal Oswal Review

Motilal Oswal is a financial services company in India that offers various products and services for investors and traders. It was established in 1987 by Motilal Oswal and Raamdeo Agrawal and is based in Mumbai. It is regulated by several regulatory bodies in India, such as the Securities and Exchange Board of India (SEBI), the Reserve Bank of India (RBI), and the National Stock Exchange (NSE). It also operates in international markets, such as the US, the UK, Singapore, and Dubai. Motilal Oswal provides different trading platforms, tools, education, markets, and account types for its clients. It also has a research team that provides market insights and analysis to help clients make investment decisions. The company aims to provide customer satisfaction and innovation in its services. Clients can fund their accounts through various options, such as online bank transfers, cheque deposits, or NEFT/RTGS. They can also access various educational resources, such as MOOCs, webinars, investment guides, and research reports. The company’s platforms include MO Investor, MO Trader, and MO Web, which offer different features and functionalities. Motilal Oswal supports trading in various instruments, such as equities, derivatives, mutual funds, and commodities. The company also offers portfolio management services and robo-advisory for its clients. Our assessment highlights Motilal Oswal’s ambition to be a reliable and trustworthy broker for regulated trading in India and abroad, but as always, understanding the associated risks is crucial.

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Regulation

Motilal Oswal is a financial services company in India that offers various products and services for investors and traders. It was established in 1987 by Motilal Oswal and Raamdeo Agrawal and is based in Mumbai. It is regulated by several regulatory bodies in India, such as the Securities and Exchange Board of India (SEBI), the Reserve Bank of India (RBI), and the National Stock Exchange (NSE). The company’s registration number is L67190MH2005PLC153397 and its SEBI registration number is INZ000158836. The company is also a member of the Bombay Stock Exchange (BSE) and the Multi Commodity Exchange (MCX). Trading with a broker that is regulated by these authorities provides a level of security and confidence for clients.

However, Motilal Oswal also operates in international markets, such as the US, the UK, Singapore, and Dubai. In these markets, the broker may be subject to different regulatory frameworks and jurisdictions, which may not offer the same level of protection and oversight as the Indian regulators. Potential risks and uncertainties may arise, especially in situations of conflict or disagreement between clients and the broker.

It is advisable to be aware and cautious of the regulatory landscape and possible implications in each market before trading with Motilal Oswal. In light of these complexities, potential traders are advised to proceed with awareness and a thorough understanding of the landscape, recognizing the interplay of regulations, responsibilities, and possible ramifications in their trading journey. For some alternative options, please see a list of list of regulated brokers.

Platforms & Tools

Motilal Oswal provides various platforms and tools for trading, including MO Investor, MO Trader, and MO Web. These platforms offer different features and functionalities for trading in various markets and instruments, such as equities, derivatives, mutual funds, and commodities.

Motilal Oswal Platforms

Motilal Oswal Platforms

MO Investor is a mobile app that allows clients to invest in mutual funds, equities, and other financial products. The app provides a user-friendly interface, real-time market data, portfolio tracking, and investment recommendations. The app also allows clients to access various educational resources, such as webinars, videos, podcasts, and blogs. The app is available for download on Android and iOS devices.

MO Trader is a desktop trading platform that provides real-time market data and advanced charting tools. The platform supports trading in equities, derivatives, and commodities.

MO Web is a web-based platform that allows clients to trade from any device with an internet connection. The platform supports trading in equities, derivatives, mutual funds, and commodities. The platform also provides various features, such as watchlists, alerts, order history, and reports. The platform can be accessed from the official website of Motilal Oswal.

The platform also provides various tools for traders, such as:

  • Trade Guide Signal: A tool that provides trading signals based on technical analysis. The tool uses various indicators, such as moving averages, trend lines, oscillators, and candlestick patterns, to generate buy and sell signals for different time frames and instruments.
  • Model Portfolio: A tool that provides pre-built portfolios for clients to invest in. The tool offers various portfolios based on different risk profiles, investment objectives, and themes. The tool also allows clients to customize their portfolios according to their preferences.
  • Market Research: A tool that provides market insights and analysis to help clients make informed investment decisions. The tool offers various research reports, such as fundamental reports, technical reports, sector reports, IPO reports, and thematic reports. The tool also provides daily market updates, news alerts, and expert opinions.
  • Robo Advisory: A robo advisor is a tool that uses algorithms to provide investment recommendations based on a client’s risk profile. The tool analyzes the client’s financial goals, risk appetite, time horizon, and investment preferences, and suggests suitable mutual funds or stocks to invest in.

Education

Motilal Oswal offers various educational resources to help clients learn about investing and trading. These resources include:

  • MOOC: A Massive Open Online Course that covers various topics related to investing and trading. The course consists of 20 modules, each with a video lecture, a quiz, and a certificate. The course covers topics such as stock market basics, fundamental analysis, technical analysis, derivatives trading, mutual fund investing, and more. The course is free and can be accessed from the MO Investor app or the official website of Motilal Oswal.
  • Webinars: Live online seminars that cover various topics related to investing and trading. The webinars are conducted by experts and professionals from Motilal Oswal and other reputed organizations. The webinars cover topics such as market outlook, sector trends, investment strategies, portfolio management, and more. The webinars are interactive and allow participants to ask questions and share feedback. The webinars are available for registered clients of Motilal Oswal.
  • Investment Guides: Comprehensive guides that cover various investment topics, such as mutual funds, equities, derivatives, commodities, and more. The guides provide detailed information on the features, benefits, risks, and types of each investment product. The guides also provide tips and advice on how to choose, buy, sell, and monitor each investment product. The guides are available for download from the official website of Motilal Oswal.
  • Research Reports: In-depth reports that provide analysis and insights on various markets and financial products. The reports are prepared by the research team of Motilal Oswal, which consists of over 30 analysts and experts. The reports cover topics such as fundamental analysis, technical analysis, sector analysis, IPO analysis, thematic analysis, and more. The reports are available for registered clients of Motilal Oswal.

In essence, Motilal Oswal’s educational resources and supplementary learning opportunities pave the way for clients to not only comprehend the complexities of investing and trading but also to equip themselves with the skills, knowledge, and confidence requisite for navigating the dynamic landscape of the financial markets.

Markets

Motilal Oswal provides various platforms and tools for trading, as well as various educational resources to help clients learn about investing and trading. These features are designed to enhance the trading experience and knowledge of the clients.

  • Equities: Trading in stocks of Indian and international companies. The broker offers access to over 5,000 stocks across various sectors and industries, such as banking, IT, pharma, auto, and more. Traders can trade in equities on the BSE and NSE platforms, as well as on the US markets through the MO Investor app. The broker also provides research reports, stock recommendations, and portfolio management services for equity traders.
  • Derivatives: Trading in futures and options contracts on various underlying assets, including equities, commodities, and currencies. The broker offers access to over 500 derivatives contracts across various segments and expiry dates. Traders can trade in derivatives on the NSE platform, as well as on the MCX platform for commodity derivatives. The broker also provides tools such as Trade Guide Signal, Model Portfolio, and Robo Advisory for derivative traders.
  • Mutual Funds: Investing in a range of mutual funds offered by Motilal Oswal and other fund houses. The broker offers access to over 2,000 mutual fund schemes across various categories, such as equity, debt, hybrid, liquid, and more. Investors can invest in mutual funds through the MO Investor app or the MO Web platform. The broker also provides tools such as the MO Investor App, MO Genie, and MO Chatbot for mutual fund investors.
  • Commodities: Trading in commodities such as gold, silver, and crude oil. The broker offers access to over 100 commodities contracts across various segments and expiry dates. Traders can trade in commodities on the MCX platform. The broker also provides research reports, market updates, and tips for commodity traders.

By providing access to these markets and assets, Motilal Oswal empowers traders with flexibility and diversity, enabling them to seize trading opportunities while navigating asset price fluctuations with or without direct ownership. This comprehensive selection aligns with Motilal Oswal’s commitment to delivering a versatile and encompassing trading platform.

Accounts

Motilal Oswal offers various account types for its clients, providing them with a selection of distinct account features and conditions. These account types are designed to cater to the diverse needs and preferences of the clients. Here’s a concise overview of each account type:

  • Trading Account: A basic account that allows clients to trade in equities, derivatives, and commodities. The account requires a minimum deposit of INR 10,000 and offers leverage of up to 1:20 for intraday trading and 1:4 for delivery trading. The account also offers competitive commission rates, which vary depending on the product being traded. The account can be opened online or offline through the official website of Motilal Oswal.
  • Demat Account: An account that allows clients to hold their securities in electronic form. The account requires a minimum deposit of INR 500 and offers various benefits, such as instant credit of dividends, bonus shares, and splits, easy transfer of securities, and reduced paperwork. The account also charges nominal annual maintenance fees, which depend on the plan chosen by the client. The account can be opened online or offline through the official website of Motilal Oswal.
  • Mutual Fund Account: An account that allows clients to invest in mutual funds offered by Motilal Oswal and other fund houses. The account does not require any minimum deposit and offers various features, such as SIP, STP, SWP, lump sum investment, goal-based investment, and robo advisory. The account also provides access to various research reports, market updates, and tips for mutual fund investors. The account can be opened online or offline through the MO Investor app or the MO Web platform.
  • PMS Account: A Portfolio Management Services account that provides personalized investment management services for high net-worth individuals. The account requires a minimum deposit of INR 25 lakhs and offers various benefits, such as customized portfolio allocation, a dedicated relationship manager, regular portfolio review, and performance reporting. The account also charges a performance-based fee, which depends on the scheme chosen by the client. The account can be opened online or offline through the official website of Motilal Oswal.

By offering these account types, Motilal Oswal enables clients to align their trading strategy with their individual needs. These account types are accompanied by various platforms, tools, education, markets, and funding options that enhance the trading experience of the clients.

Funding

Motilal Oswal offers various funding options for clients, such as online bank transfers, cheque deposits, and NEFT/RTGS. These options allow clients to deposit and withdraw funds from their trading accounts.

  • Online Bank Transfer: Clients can transfer funds from their bank account to their Motilal Oswal account online. The minimum deposit and withdrawal amount is INR 1,000. The deposit and withdrawal transactions are free of charge. The processing time for online bank transfers is usually 1-2 business days.
  • Cheque Deposit: Clients can deposit a cheque into their Motilal Oswal account. The minimum deposit amount is INR 1,000. The deposit transaction is free of charge. The processing time for cheque deposits is 3-4 business days.
  • NEFT/RTGS: Clients can transfer funds to their Motilal Oswal account using NEFT or RTGS. The minimum deposit and withdrawal amount is INR 10,000. The deposit and withdrawal transactions are free of charge. The processing time for NEFT/RTGS is usually 1-2 business days.

To initiate transactions, clients need to log in to their Motilal Oswal account and visit the “Funds” section. Here, they can select their preferred payment method and follow the instructions. They also need to provide proof of payment, such as transaction reference number or cheque number, to the broker.

Conclusion

Motilal Oswal is a financial services company in India that offers a wide range of products and services for investors and traders. The company has been in the industry since 1987 and has a strong reputation for its research, innovation, and customer satisfaction. The company provides various platforms, tools, education, markets, and account types for its clients, as well as personalized portfolio management services and robo-advisory. The company is regulated by several regulatory bodies in India, such as the SEBI, the RBI, and the NSE. However, trading with Motilal Oswal involves certain risks and challenges that need to be understood and considered before choosing a broker. It is advisable to be aware of other brokers with longer track records that may offer alternative options. For more choices, we recommend you to check out our trading broker reviews.

Motilal Oswal Logo

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Motilal Oswal is a financial services company in India that offers various products and services for investors and traders. The company provides various platforms, tools, education, markets, and account types for its clients. The company is regulated by several regulatory bodies in India, such as the SEBI, the RBI, and the NSE. The company also operates in international markets, such as the US, the UK, Singapore, and Dubai.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.


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