BrokAIr Reviews

Motilal Oswal Securities Review

Motilal Oswal Securities is one of the most expensive and exclusive online brokerages, but is it worth the hefty price tag?

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Motilal Oswal Securities: An Overview

Motilal Oswal Securities is an Indian financial services firm founded in 1987 by Motilal Oswal and Raamdeo Agrawal. The firm is headquartered in Mumbai, India, and provides financial services such as equity brokering, commodities trading, mutual funds, portfolio management services, life insurance, and more. Over the years, Motilal Oswal has established itself as one of India's leading financial service providers, having been consistently ranked among the top 5 retail brokerage firms in the country.

Pros

Cons

Public Opinion

Overall, the public opinion of Motilal Oswal Securities is quite positive. Customers praise its competitive rates, excellent customer service, and reliable trading platform. The company also has a good reputation for its comprehensive research and analysis capabilities. However, there have been some complaints about its minimum account balance requirements for some services/products and its weaker presence in some states.

News

In 2020, Motilal Oswal launched its new online trading platform called 'Motilal Oswal Online'. The platform offers investors a range of features such as advanced charting tools, real-time market data and news, customized watchlists, and more. In the same year, Motilal Oswal also launched its mutual fund platform called 'MOAMC', which allows investors to invest in a wide range of mutual funds. In 2021, Motilal Oswal was appointed by the Securities and Exchange Board of India (SEBI) as one of the 13 ‘Know Your Customer’ (KYC) registration agencies.