Jan 17, 2016 02:08 PM
61999 Views
(Updated Jan 18, 2016 01:39 PM)
Few months back I am interested to open an equity account to trade in stock market. I did my little home work.and sorted out that the motlial oswal finanical services is a good broker to start with. I selected motilal oswal on three criteria 1) low account opening fees 100Rs. 2)Good research and 3) low brokerage.
Now its time to contact the broker for account opening. For that I called up c g road branch ahmedabad gujarat.The reception desk transfer the call to some executive. I asked him about the registration chages, brokerage, and advisory. The executive replied that I have to start with first minimum payment of 25, 000 Rs to start trading. The executive was only talking about big things.typical sales speech. so I challenged him to prove his words.so he transferred my call some dealer .to impress me.so I simply tell me that better we see result in market rather then we talk.he committed me to give advisory call for week on trial.but next day no one turned up.
More over in talk with the first executive he told me that motilal oswal only provide advisory online to the registered clients and on emails.So every thing is set in such a way that a single individual will not be blamed in any manner.
The whole risk is yours. whether you earn or make loss. So people dont get trap in to the lucrative commitment of sales executive of any brokerage firm.all of them are cheaters. The are more interested in completing their sales targets.
