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Motilal Oswal Financial Services Image

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39%
2.20 

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Verified Member MouthShut Verified Member
Bhilai India
MOFS are not trust worthy
Apr 21, 2016 06:06 PM 62561 Views (via Android App)

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My name is arvinder singh.  I opened my demat account with motilal oswal as they offering instant account opening.  And they really open your account instantly.  This is the only good thing with MOFS,  otherwise they are the worst in capital market broker companies.


They use to trade with your money without asking you anything to achieve their targets.  As I deposited 50000 when I opened my account.  After 5 days there was only 40000 left in my account without a single trade from my side.  when I called them they said you purchase and sold some stocks on intraday basis.  As I didnt traded into any stock.


After writing lot of emails and calls I got my money back and closed my account.  Better go with sherkhan,  angel broking and globe capital. Thank you


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