HairCut? POA? Free Stock??

#1
Hi,

I was going through motilal oswal securities spectrum online demo and they show terms like Hair Cut, Releasing Stocks, Selling from POA Stocks, Selling from Free Stocks and Selling from FnO pledged stock. Can some one explain what they are or point me to some online literature that explains what they are?

Also i dont think there are options like stop loss or trailing stop loss etc qwith motilal securities. Is that true?

How secure, trustworthy are they? I have seen numerous complaints from other forum members about illegal transaction in their accounts by various online brokers. Also how fast is their platform for execution of the trade or showing reliable price quotes? Appreciate your response.

Thanks
Ik.
 

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