Motilal Oswal Review

General
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Recently i looked at their website but i was surprised to see that they have not mentioned about there charges anywhere on the website clearly. All brokers wether discount or full service have mentioned all the charges on their website. Is mentioning brokerage and other charges on website required or not?

Can anyone please share their experiences with Motilal Oswal as I have heard and read alot about their research?

There website is full of information but nothing written on brokerage charges charged by them, they also have every type of financial calculator but they don’t have brokerage calculator.

What are your view on Motilal Oswal? Why Motilal Oswal hides there charges ? Can brokers hide their charges ?
@TitanTrader @NithinKamath @Jeesu @Meher_Smaran @Arockiya_Raja

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I watch there website and found it complicated. I mean like zerodha, they do show there charges in a simple way ( DP charges = 13.5 RS per script+ 18% GST )

But in case of motilal oswal, they give their website a complicated view , like ( You want to trade in equity delivery, good boy, but boy you gonna pay me something, i will take just 10 rupees, thank you in advance, future big bull) :sweat_smile:

But Jokes apart, i found a external website, where they put all the charges of motilal oswal , you can check that out (Motilal Oswal Brokerage Charges, Fees, Plan and Taxes 2024)

Or else you need to open several website of motilal oswal to watch there charges in each segment. They do provide their full charge list, but it got scattered.

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Fyers, Finasia and Zerodha are the least complicated. The rest is not my cup of tea. I would not want to do anything other than delivery trades with them.

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Full time brokers are more shady compared to discount brokers. I have huge respect for Nithin sir and Tejas Khoday sir , as they talk to each and every users and addresses their concerns. And their ventures thus become transperant and trustworthy. Other discount brokers hide under a coat of their corporate blanket.

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Thanks everyone for your answers. How is their Research and advisory service, is it worth considering or its over hyped ?

6

Motilal and IIFL are not good brokerages.

Highly recommend you stay away from these two. They are very opaque about pricing and their technology is horribly hard to use.

If you want a full service, I would recommend you look at a Bank instead. HDFC, Kotak, ICICI all have offerings.

7

MO have an options calculator here: Option Value Calculator - Calculating Option Price | Motilal Oswal and equity charges are mentioned here: What are the Charges Levied on Stock Trading at Motilal Oswal | Motilal Oswal. i think you can take refference from any other calc. because expect few charges like brokerages etc. which are specific to stock brokers, rest which we give to the government should be the same. so round about the charges are not that different.

i am not sure if they have any separate calc post sign-up. honestly, i am happy with zerodha as most of the times i do equity, so no issues during glitches.