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18%
1.57 

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Worst Broker with highest brokerage Scammer
Feb 06, 2020 04:36 PM 6590 Views

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Motilal Oswal is the worst broker I have ever traded with having multiple hidden charges and they loot people under the name of taxes which actually is their brokerage fees(Doubt if that's even legal!).


They will always come up with some or the other excuses saying we are waiting for approval and you can figure out the person is just trying to buy time to rob you even more, with your trades.


No matter how much profits you make all the money goes as brokerage in next days contract note. Its like you are working for Motilal Oswal with your money! If you ask for an explanation on their contract notes they say its taxes and when you read contract note carefully STV charges include taxes+ Brokerage etc etc. In short its all the brokerage paid to Motilal Oswal.


Now that I am fedup with people and want payout They are now saying 50% of the amount cannot be withdrawn for first 3 months! Now-a-days not even banks are so adamant.


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