Motilal Oswal securities

#1
Hello Friends,

While going thru old posts I found lots of negative views about Motilal Oswal securities.
However there is very little about what is their current status. Are there improvements? I have heard that they have revamped their infrastructure and there is new trading software now in place.

Recently I came across a very good brokerage structure from Motilal Oswal.

I will be very helpful if someone who has latest information about Motilal Oswal provides some inputs on current status.

Thanks

Satya
 
#2
Hi, Satya ive been using HDFC Securities for my trades but being heavy brokerage for option trading, ive came through motilal oswal, when i contacted them, executive came up with attractive brokerage structure, if we deposit 25 thousand for 6months brokerage will be 3paisa intraday and delivery will be 30 paisa and if you pay exact 25k in form of brokerage on your trades in those respective 6months, then your initial deposit will be refunded, and if your trading brokerage doesnt get to 25k in 6months then the brokerage u paid from trades will be refunded from your deposit instead of 25k and rest of amount you wont be getting, their software is fine but but but but but very very very useful information which i found out is that a virus named win32/iframer.NAF2 is attached to their exe file only detected by nod 32
 
#3
well i m using it for over 2 months and about to change it. it hangs in between, dose not refresh if new scrip is added, u can not place amo orders, it has no graph facility above all some 1 says it has virus too. also database does not hav all scrips. brokerage is 7 paise per 100rs.+taxes = 12 paise per 100 rs. and 50 paise for delivery.
hope this gives u good picture
 
#4
Thanks a lot friends for your replies... Motilal was offering 2 paisa and 20 paisa 70rs a lot for rs 10K margin. I have chosen zerodha over Motilal.

Thanks.

Satya.
 

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