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Motilal Oswal

Regulated
India
,
Since 1987
Last Updated:
57/100
Overall Score

Trading Conditions

Min Deposit:
USD120
Max Leverage:
5
Account Types
StocksStocksStandard+2 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

7 methods

Bank Transfer (NEFT/RTGS/IMPS)

bank transfer
Instant
Fee:
Free
Fee:
Free

Credit/Debit Cards

credit card
Instant
Fee:
Free
Fee:
Free

UPI

e wallet
Instant
Fee:
Free
Fee:
Free

Cheque

other
3 days
Fee:
Free
Fee:
Free

Wire Transfer

wire transfer
2 days
Fee:
Free
Fee:
Free

Direct Cash Deposit

other
Instant
Fee:
Free
Fee:
Free

Systematic Withdrawal Plan (SWP)

other
365 days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 78%, 2: License 72%, 3: Software 0%, 4: Spread 0%, 5: Account Type 19%, 6: Symbol 0%
Regulation
78%Good
License
72%Good
Software
0%Poor
Spread
0%Poor
Account Type
19%Poor
Symbol
0%Poor

Company Information

Full Name:Motilal Oswal
Founded:1987
Headquarters:India
Enterprise Offices:1offices

Customer Support

Phone:
+91 022 40548000
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about Motilal Oswal: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

Motilal Oswal is one of the most recognizable entities within the Indian financial service industry, and it is well known mainly due to its brokerage offerings and trading solutions. Servicing the varied spectrum of customers, from retail to institutional traders, Motilal Oswal has found its niche with the unique combination of its traditional investment advisory service along with the newest and most technologically up-to-date trading platforms available in the industry today.

In a sector that is always witnessing speedy technological changes and shifting market trends, Motilal Oswal is going from strength to strength in adapting to all this. With this article, we will take a closer look at different aspects of Motilal Oswal to give you a complete insight into the background, main attributes, legal requirements, trading terms, charges, and market reputation of this brokerage service. No matter whether you are an experienced trader or a rookie in the business, knowing the strength of Motilal Oswal can be quite beneficial to you.

Background and History

Motilal Oswal was established with the aim of democratizing investment avenues and making available transparent and research-based financial services. Over the years, it has evolved from being a small brokerage house to a full-fledged financial service provider dealing in diverse products such as equity, commodities, mutual funds, and portfolio management services.

The research and advisory services offered by the company have been an integral part of its expansion plans. Motilal Oswal has been recognized for having research analysts who provide in-depth market research and investment advice to its clients. This has helped it create an impression in the market and has also helped it to expand its presence in India, serving millions of customers.

Important Characteristics and Offerings

Motilal Oswal provides a wide range of trading and investment solutions to cater to different types of traders and investors. From stock trading, derivatives, mutual funds, to wealth management, Motilal Oswal offers a holistic platform to help traders and investors achieve their financial objectives.

"Trading Platforms"

The broker also comes with various trading platforms that suit the preferences and needs of the various traders. These trading platforms include computer-based, mobile-based, and web-based platforms that are designed with powerful technical analysis tools and facilities that enable traders to execute orders effortlessly and instantly.

Research and Advisory

One of the unique aspects about Motilal Oswal is its robust research and advisory service. Their customers can take advantage of the comprehensive market reports, stock suggestions, and analysis, which is essential for all traders while making investment decisions. It is this service that sets Motilal Oswal apart from other brokers in the marketplace.

Investment Products

Apart from trading, Motilal Oswal has a diversified range of investment products such as mutual funds, IPOs, and portfolio management services. The services cater to clients seeking long-term techniques for creating wealth and diversifying their investments.

Compliance and Licensing Regulation

It is imperative to follow regulatory standards within the financial services sector, and Motilal Oswal carefully follows the norms laid down by the respective regulatory bodies of India. This facilitates a secure and transparent trading system for clients.

Trading Conditions & Technology

Motilal Oswal provides a conducive trading system that targets both occasional and frequent traders. Its technology and trade execution systems are capable of handling trades efficiently and very fast, just as the modern market demands.

Trading Conditions

Feature

Details

Minimum Deposit

₹10,000 (depending upon account type)

Leverage

Up to 5x on stocks (margin regulations apply)

Spreads

Market-driven, no fixed spreads

Execution of Order

Technology Infrastructure

The stock trading systems used by Motilal Oswal focus on the end use experience. The systems offer advanced charting facilities, technical analysis tools, and watch lists. The mobile application also allows push notifications and alerts, ensuring that traders receive regular updates.

Fee Structure

Knowledge of the fee structure is imperative for any trader or investor. The fee structure of Motilal Oswal is very transparent, and its fees are competitive in the Indian broking industry.

Fee Type

Details

Account Opening Fee

The account

₹0 - ₹500 (based on account type)

Brokerage Commission

0.25% per trade or flat ₹20 per trade (Equities)

Deposit Fees

None

Withdrawal Fees

None

Demat Account Maintenance

₹400 every year

User Experience and Market Reputation

Motilal Oswal is a trusted name in the financial markets of India. The primary reason for this is its commitment to customer service and innovation. The customers of Motilal Oswal often appreciate its trustworthy platforms and research facilities. In addition, the educational facilities available to the brokers and the customer service offered by the brokers create a positive experience for the traders to enjoy while using the brokers for their online transactions.

Conclusion

Motilal Oswal is still a major force in the Indian financial services market, providing customers with an all-inclusive range of investment solutions for traders and investors. Its strict adherence to regulatory norms, competitive trading platforms, and research orientation are some factors that make it an attractive investment destination for investors and traders. Although there is no data available about the current update, it has a good track record and customer-friendly attitude, which is a good support system for further growth.

Regulation check

Regulatory Licenses

Motilal Oswal is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked row is not a finding either way.

0 of 6 checked
6Licences on record
0Confirmed on register
4Tier 1 or 2
2Offshore

How far our check got

  • 6 not yet checked
  • SECTier 1 (securities)United StatesFinancial ServiceNo. 8-69093

    What the register says

    Licence number
    8-69093
    Type
    Financial Service

    Client protection under this licence

    • Compensation schemeSIPC insures up to $500,000 per customer (including $250,000 cash)
    • Complaints routeSEC Tips/Complaints/Referral
    • Maximum leverage1:50

    These are the rules SEC sets for the firms it licenses. They are not a statement about how Motilal Oswal applies them, or about which of its companies would hold your account.

    About Securities and Exchange Commission

    Onshore regulatorGovernment bodyCompensation: SIPC insures up to $500,000 per customer (including $250,000 cash)Public registerTransparency: medium
    Typical cost of this licence
    Varies; FINRA and SEC registration fees
  • SFCTier 1Hong KongDealing in securities

    What the register says

    Type
    Dealing in securities

    Client protection under this licence

    • No compensation schemeNo mandatory insurance (but strict fund segregation)
    • Client money kept separate
    • Negative balance protection
    • Complaints routeSFC Complaints / FDRC
    • Maximum leverage1:13

    These are the rules SFC sets for the firms it licenses. They are not a statement about how Motilal Oswal applies them, or about which of its companies would hold your account.

    About Securities and Futures Commission

    Onshore regulatorGovernment bodyCompensation: No mandatory insurance (but strict fund segregation)Public registerTransparency: high
    Typical cost of this licence
    HKD 500000+
  • ASICTier 1AustraliaFinancial Service

    What the register says

    Type
    Financial Service

    Client protection under this licence

    • No compensation schemeNo mandatory insurance (but strict fund segregation)
    • Negative balance protection
    • Complaints routeAFCA
    • Maximum leverage1:28

    These are the rules ASIC sets for the firms it licenses. They are not a statement about how Motilal Oswal applies them, or about which of its companies would hold your account.

    About Australia Securities & Investment Commission

    Onshore regulatorGovernment bodyCompensation: No mandatory insurance (but strict fund segregation)Public registerTransparency: high
    Typical cost of this licence
    AUD 50000-100000+
  • FSATier 1JapanFinancial Service

    What the register says

    Type
    Financial Service

    Client protection under this licence

    • No compensation schemeNo mandatory insurance (but strict fund segregation)
    • Client money kept separate
    • Negative balance protection
    • Complaints routeFINMAC
    • Maximum leverage1:25

    These are the rules FSA sets for the firms it licenses. They are not a statement about how Motilal Oswal applies them, or about which of its companies would hold your account.

    About Financial Services Agency

    Onshore regulatorGovernment bodyCompensation: No mandatory insurance (but strict fund segregation)Public registerTransparency: high
    Typical cost of this licence
    JPY 50000000+
  • FSCATier 2OffshoreSouth AfricaFinancial Service

    What the register says

    Type
    Financial Service

    Client protection under this licence

    • Compensation schemeUp to ZAR 500,000
    • Complaints routeFSCA Dispute Resolution
    • Maximum leverage1:30

    These are the rules FSCA sets for the firms it licenses. They are not a statement about how Motilal Oswal applies them, or about which of its companies would hold your account.

    About Financial Sector Conduct Authority

    Offshore regulatorGovernment bodyCompensation: Up to ZAR 500,000Public registerTransparency: high
    Typical cost of this licence
    USD 50,000-100,000 + ~USD 270k capital
  • FSCTier 3OffshoreMauritiusFinancial Service

    What the register says

    Type
    Financial Service

    Client protection under this licence

    • No compensation scheme
    • Complaints routeFSC Complaints
    • Maximum leverage1:1000

    These are the rules FSC sets for the firms it licenses. They are not a statement about how Motilal Oswal applies them, or about which of its companies would hold your account.

    About Financial Services Commission

    Offshore regulatorGovernment bodyNo compensation schemePublic registerTransparency: medium
    Typical cost of this licence
    USD 20000-30000
Where we have checked a licence, it was checked against the issuing regulator's own register. Register wording is quoted as found.See all tier-1 regulated brokers
Trading accounts
Updated

Account Types

5 account types on record. Leverage up to 1:1.

5 account types
AccountMin DepositLeverageCommission
StocksInvestNot recorded1:10.02% intraday, 0.20% delivery
StocksInvestNot recorded1:1Not specified
StandardNot recorded1:1Not specified
StandardNot recorded1:1Not specified
StandardNot recorded1:1Not specified
Account names and conditions as published by Motilal Oswal, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

7 ways to fund an account. 2 with no deposit fee. 4 credit instantly.

7 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank Transfer (NEFT/RTGS/IMPS)Bank TransferEnsure correct bank details to avoid transaction failures. Available across India.FreeFreeINR 10,000Not recordedNot recordedInstant
Credit/Debit CardsCredit CardEnsure card details are correct to avoid transaction failures. Available across India.Not recordedNot recordedNot recordedNot recordedNot recordedInstant
UPIE-WalletEnsure UPI ID is linked to your bank account. Available across India.FreeNot recordedNot recordedNot recordedNot recordedInstant
ChequeOtherEnsure cheque is drawn in favor of 'Motilal Oswal Securities Ltd'. Available across India.Not recordedNot recordedNot recordedNot recordedNot recorded3 days
Wire TransferWire TransferEnsure correct SWIFT code and beneficiary details. Available internationally.Not recordedNot recordedNot recordedNot recordedNot recorded2 days
Direct Cash DepositOtherDirect cash deposits are strictly prohibited; a penalty of 33.33% of the deposited amount will be levied. Available across India.Not recordedNot recordedNot recordedNot recordedNot recordedInstant
Systematic Withdrawal Plan (SWP)OtherFirst payout for annual frequency processed after one year from the date of investment. Available across India.Not recordedNot recordedNot recordedNot recordedNot recorded365 days
Fees, limits and processing times as published by Motilal Oswal, recorded by Wikilix.
Websites

Global Domains

5 domains on record. All active and served over HTTPS.

5 domains
  • www.motilaloswalgroup.comActiveHTTPS
  • motilaloswalhf.comActiveHTTPS
  • www.motilaloswalmf.comActiveHTTPS
  • www.motilaloswalalt.comActiveHTTPS
  • www.motilaloswalpwm.comActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

5 official channels on record.

5 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the Motilal Oswal brand.

1 entity
  • MOTILAL OSWAL FINANCIAL SERVICES LIMITEDActiveIndiaRegistration L67190MH2005PLC153397Established Jan 10, 2019
Entities named in the broker's own documents and company registers, recorded by Wikilix.

Comments

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