Motilal Oswal is one of the oldest brokers in India. They have been providing trading and stock investing opportunities to their customers for over three decades. A brokerage firm with this level of experience in the market can be quite beneficial. The brokerage firm provides multiple choices of accounts for their customers to select the one that suits them. They have various plans for their accounts, and you will be able to pick any, depending on your preference. They also offer their customers with the ability to trade on the stock market through their online trading platform. Trading with a full-service broker that has this level of experience in the stock market can make the process of trading extremely convenient for customers.
Motilal Oswal has a well-established team of market researchers invested in providing their customers with beneficial solutions. Traders can access these advisory services through various modes. Their team will also provide you with a customized plan that will be suitable for your trading style. Trading with them provides traders with access to their artificial intelligence backed feature called the ‘Trade Guide Signal’. This feature will analyze a trader’s style and provide them with stock options that fit their style. These recommendations can be quite profitable for traders. Traders also get real-time trading reports which give them an in-depth and updated summary of their trading activity which will help the traders make the correct decision at the right time.
However, as they are a full-service broker, they charge heavily for the brokerage services they provide. Considering the amount of services and features they provide, customers can benefit extensively, but they will have to pay heftily for these services. Some of the top discount brokers in the country provide their services for charges lower than Motilal Oswal. Hence, picking them as a brokerage firm can be quite expensive for traders.
Before picking a brokerage firm, investors must conduct a good amount of research about the features, services and different charges associated. Apart from this, they must also understand their investment needs and risk profile. Getting a good idea about them will help with investor’s decision making.