VERY BAD EXPERIENCE@MOTILAL OSWAL. Review on Motilal Oswal Financial Services

If you open an account with this type of brokerage firm be aware of some of the hidden condition

1.What it write on the brokerage slab is nomean, you have ready to pay more for buying/selling of your stock.

2.If you trade on margin balance beware of your stock it sell your stock without any notice/notice few hour before if you not made margin payment before T+5 days.

1. AMO(After Market Order) is not placed by mobile/desktop site.

4.If you are not a big player in stock market just go for ZERODHA/RKSV like trader, it is awesome you feel when you made first trade without any brokerage(In ZERODHA), its worthy. I have recently open my ZERODHA Trading account and I made an intraday purchase by just little margin like 0.05/0.10 paisa and in this I made a little profit(Depend Upon The Size Of Equity) if you go through MOTILAL OSWAL Like trader you made a huge loss in this margin, so if you made purchase in motilal you have you wait for the time after calculating the huge brokerage charged leaved on the stock.

If the stock fall you have to wait again it comes to the position where(Breakeven Point) Comes And you Exit without Any Gain.

5.YOU DONT'T SEE ANY BROKERAGE CALCULATOR ON MOTILAL OSWAL WEBSITE BECAUSE THEY CHAGE ACCORDING TO THEIR WILL IF YOU HAVE ANY DOUBT JUST SEE ON THE WEBSITE AND COMPARE THE CHARGE FROM ZERODHA/RKSV LIKE BROKER YOU SEE THE DIFFRENCE.

6.And If you think about the Service Just Note That You are not here to invest in long term(I think so) Every one want money in sort term so research work is not mandatory for intraday or for short duration equity where you have to exit your equity, (Best Option Is To GO WITH DISCOUNT BROKERAGE REGARDING THIS TYPE OF BROKERAGE)

NOTE:I am writing this because I am a suffrer, and from this if one man  canTeach a lesson it is good for me.