Motilal Oswal Trading
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Want to experience trade with Motilal Oswal, here is the complete overview of Motilal Oswal Trading.
Motilal Oswal is a well-known and reputed name in Indian financial markets. It provides a wide range of services to its clients ranging from full-service stockbroking, asset management, private equity to investment banking.
The broking services of Motilal Oswal provide the facility of investment and trading in equity, commodity, currency, derivatives, mutual funds, IPOs, etc to its clients. Let us discuss different aspects related to Motilal Oswal Trading in this article.
Motilal Oswal Trading Review
Motilal Oswal Group provides diversified financial services. One of the most used services of this group is trading services.
In this article, we are going to be discussing different kinds of trading that are supported by Motilal Oswal. Motilal Oswal trading can be done using their various platforms and apps across all the different segments that are traded in India.
Trading can be done in stocks, currencies, and as well as in Motilal Oswal Commodity in two major stock exchanges for trading in stocks – BSE and NSE.
One can do intraday trading in which the trade needs to be squared off within a single trading day. Alternatively, one can do delivery-based trades in which transactions are carried over to the next day/days.
Commodities are traded over commodity exchanges like MCX and NCDEX. Currency trading can also be done with a Motilal Oswal trading account. Motilal Oswal trading accounts can be opened by individuals as well as NRIs.
The account opening procedure is simple and once the account is opened, you can access your accounts with the help of login information provided by them.
This article also talks about the different kinds of charges clients need to pay with a Motilal Oswal trading account. Also, other aspects like the trading limit and the exposure and margins provided by a Motilal Oswal trading account will be discussed here.
All your queries regarding the trading on Motilal Oswal platforms and mobile phone app can be answered by their helpline number shared on their website.
Motilal Oswal Currency Trading
Motilal Oswal trading account gives you the facility to trade in currencies in whichever way you want. You can do intraday trading in currencies or trade-in their futures as well as options.
Trading can be done across all the exchanges which facilitate currency trading in India. Motilal Oswal Intraday Margin provides the benefit of a high margin to its clients.
The margins and collaterals can be utilized in all segments like equity, commodity, and currency. A separate investment for a currency trading account is not required.
Motilal Oswal Commodity Trading
Motilal Oswal trading account gives you the facility to trade in all kinds of commodities like metals, agro-based commodities, precious metals, etc. Motilal Oswal provides a fully integrated desktop application that helps in extremely fast trading.
You can get started once you open the MCX account. Account opening eventually opens a gateway that helps you to trade efficiently.
They also offer customized offerings to their clients based on the style of their trading. They have something to offer to everyone ranging from an investor to an arbitrageur.
Motilal Oswal Options Trading
You can explore the world of derivatives with the help of the Motilal Oswal trading account. They offer exposure of 20 times for options trading in stocks and exposure of up to 33 times for trading in futures of NIFTY.
They provide the facility of advanced technical analysis and tools that help in technical charts along with the Motilal Oswal Securities Limited advice.
Not only this, the broker offers an exclusive Motilal Oswal Options store features in the app that help traders to define strategies or use readymade option strategies in the market to maximize their profit.
Motilal Oswal Intraday Trading
Intraday trading means buying and selling a stock or financial instrument on the same trading day. Time is of great essence in intraday trading.
Motilal Oswal Intraday trading account can also help intraday traders in making trading decisions fast with the help of comprehensive technical indicators and charts provided with the trading platforms. Just pay 0.05% per order as Motilal Oswal Intraday Trading Charges and reap its benefits.
Live quotes and fast execution of trades also help intraday traders.
Motilal Oswal Trading Online
Motilal Oswal trading online can be done through a desktop application as well as a mobile app such as Motilal Oswal Orion Lite.
They offer very good features in order to make an overall good trading experience. Some of the best features of their online desktop platform are being discussed here –
1) Charting tools – These tools help in doing the technical analysis of stocks. Motilal Oswal trading account provides a total of 40 technical indicators.
They also provide the facility of customizing some of the important technical indicators like moving averages according to the preferences of traders.
2) Watch lists – The Motilal Oswal trading account gives the facility of creating more than one watch list for different asset classes like stocks, currency, commodities, etc.
3) In-depth Research – Having a Motilal Oswal trading account ensures that you get access to Motilal Oswal reports about different stocks in order to make the trading decisions easier.
4) Availability of Advice – If you are a new trader or need advice at any point in time regarding your investments and trades, you can avail of this facility. You will be provided valuable advice on your management of money in different asset classes.
The advice would be based on the risk appetite and style of trading of the trader.
5) Trade Guide Signal – This is one of the most important and best features of the Motilal Oswal trading account. This feature generates instant buy and sells signals in stocks on the basis of criteria predefined by the traders.
The signals generated reach you through SMS also so that you do not lose the opportunity to make a trade based on your own criteria.
6) Other Tools – There are many other features like access to derivative chains, option decoder, and option writer which prove to be very beneficial when making decisions regarding the trades.
Motilal Oswal Trading online can also be done through its mobile phone application which will be discussed at length in another article.
Motilal Oswal Trading App
With a Motilal Oswal trading account, you get to trade with the help of a mobile phone application too.
Whether you are an investor who wants to make an investment for the medium to long term or you are a trader who wants to do short-term trading, Motilal Oswal has something to offer to both categories of people.
Motilal Oswal trading can be done with the help of 2 main apps offered by them – MO Investor and MO Trader. Let us learn a little about both of them.
MO Investor app – This app helps in doing a comprehensive analysis of stocks with the help of all the crucial information available about different companies.
Also, the app offers a feature of Fund Scanner which helps in selecting the right kind of fund for your investment portfolio.
You can view the complete portfolio on this app which can consist of all the ongoing SIPs and other investments.
MO Trader app – This app is specifically for traders who use technical analysis while making decisions about buying and selling stocks.
This app offers the feature of showing technical charts as well as some important technical indicators.
They also have a screener that helps clients in identifying specific trading opportunities.
Motilal Oswal Trading Tips
Motilal Oswal offers general tips to make trading profitable to its clients. There is a lot of trading-related information on its website. Let us discuss some of the Motilal Oswal trading tips –
- Developing an understanding of the market – The first tip is to understand how day trading is done. A lot of research and dedication are required to make consistent profits from the stock market.
- Not Expecting a 100% Success Ratio – This is one of the most important things to understand while trading. No one can trade with 100% profit-making trades. Profits and losses are a part of trading. One should always have a stop loss to prevent huge losses.
- Do not Overtrade – This is also very important that traders should keep in mind. Sometimes, either due to hope or greed, traders tend to overtrade in markets. This should be consciously avoided at all instants to protect whatever profits have already been made.
Motilal Oswal Trading Account
If you want to start trading with them, you will be first required to open a Motilal Oswal trading account to get access of the Motilal Oswal website login page. The purpose of a trading account is to start trading in equity, commodity, and currency. This is for intraday trading purposes.
However, if you also want to make investments for the short, medium, or long term, you would need to open demat account with them too. The purpose of a Motilal Oswal Demat account opening is to hold different kinds of securities like shares, mutual funds, etc.
With Motilal Oswal Mutual Funds, you get many benefits like SIP, Statement and many more.
Before taking a decision about opening a trading account, it is recommended to analyze the different pros and cons of different brokers and then compare them to your own expectations from a broker.
After analyzing aspects like Motilal Oswal Products, Services, and Motilal Oswal Charges. You can open a trading account with the firm easily by online as well as offline method.
You would require some basic documents that can be used as proof of address, proof of identity, and proof of bank account.
These documents need to be attached with the account opening form along with a canceled cheque and passport size photograph of the client.
The Motilal Oswal Free Demat Account can be opened with the same process. It is recommended to open both the Motilal Oswal trading as well as the Demat account together through a single process.
Willing to open a Demat Account
Motilal Oswal NRI Trading Account
Motilal Oswal trading account can be opened by non-resident Indians (NRIs) too. Although their investments need to go through a stricter and more regulated framework. There are different ways in which NRIs can start trading.
They can either appoint a mandate holder or a power of attorney in India for taking care of their investments here. Also, nowadays, after meeting all the Know Your Customer guidelines and other regulatory conditions, brokers can provide the facility of internet-based trading to their NRI clients.
Motilal Oswal Trading Login
As soon as the process of opening a Motilal Oswal trading account is complete at your as well as their end, you will receive a username or a client id along with a password.
This confidential information can be used to login to your account any time you want.
In order to login to trade on the Motilal Oswal trading application, you would be required to fill in the details like client code or registered mobile number or your email id and the password.
This can be done on any device that is supported through the internet like a desktop, laptop, mobile phone, etc.
Also, there are some safety tips that should be followed while logging in to your Motilal Oswal trading account.
The first one is obvious and that is not to share your login information with anyone. Also, one must remember to log out of the account as soon as the trading account is not going to be used.
It is also recommended to not save your password on the device that you are using for trading purposes especially if it is a shared device.
Motilal Oswal Trading Charges
When you open a trading account with any broker, it is extremely important to know about the various costs and charges that need to be paid to the broker.
While trading, there are different kinds of costs incurred by the trader.
Some costs are charged by the broker while some need to be paid as taxes.
The costs charged by brokers are different. For example, account opening charges, account maintenance charges, brokerage charges for different segments, etc.
Motilal Oswal Trading Account Charges
While opening a Motilal Oswal trading account, you don’t have to pay anything as account opening charges, they are zero.
Even the charges for maintenance of the trading account that need to be paid to the broker on a yearly basis (AMC) are also 0.
Just like the trading account, clients do not have to pay anything for opening a Motilal Oswal Free Demat Account too. The AMC of the Demat account is free for the first year. However, after the first year, these charges are Rs. 400.
Motilal Oswal Trading Brokerage Charges
The other kinds of costs pertaining to the Motilal Oswal Trading account are the brokerages charged by them.
Motilal Oswal offers three different kinds of brokerage plans to its clients. There are different brokerage costs depending on the kind of account you have opted for and also the segment in which you are trading.
Brokerage charges under their default plan for intraday trading and future trading in stocks are 0.05%. The charges for delivery-based trades in stocks are 0.5%.
The brokerage charges for trading in currencies are Rs. 20 for every lot for both futures as well as options trading.
Motilal Oswal Trading account also offers the facility to trade in commodities. The brokerage charges for their trading are 0.05% for both sides.
Motilal Oswal Robotic Trading
Motilal Oswal Trading account also gives the facility of predictive artificial intelligence trading. Some of the features of this type of trading have been discussed below –
1) On the basis of algorithms in the system, this facility gives you signals for making entry and exit into different asset classes.
2) The strategies have been already made on the basis of different rules set by the Motilal Oswal teams.
3) Whenever there arises an opportunity in the market to make a trade, you would get an alert through SMS on your registered phone number to make sure that you have the real-time information.
4) You can get access to information in order to gauge trend-related facts like the strength of the trend, a heat map of the sectors, etc. if you have a Motilal Oswal trading account.
5) You can also get backtesting reports using the Motilal Oswal trading account to know about various aspects of trading like margin requirements, the performance of a particular strategy, etc.
Thus, Motilal Oswal Algo Trading helps you to trade in computer software than manually.
Motilal Oswal Trading Limit
With a Motilal Oswal trading account, the margins or exposure facility given by them are quite decent. The purpose of this facility is to let their clients trade many times over the actual money in the trading account.
Motilal Oswal Margin trade in delivery-based stock trades is 4x. Although the margin provided for doing intraday trading in around 140 stocks is up to 20x. There is no exposure provided for trading in options (stocks, currency as well as a commodity) in the Motilal Oswal trading account.
The margin provided by Motilal Oswal’s trading account for trading in stock and commodity futures is up to 3x in the case of intraday trading.
Motilal Oswal Trading Helpline
In case you need some help while trading or have any queries related to your Motilal Oswal trading account, you can get in touch with them through the contact numbers mentioned on their website.
There are different contact numbers for different purposes like account opening, calling and trading or support-related queries, etc.
You can also avail of the Motilal Oswal Call and Trade facility where you just call up the service team and they will assist you in placing your trades.
The addresses of their different branches spread all over the country are also mentioned on their website. Thus you can find Motilal Oswal near you branches easily.
Is Motilal Oswal Good?
Overall, Motilal Oswal is an above-average broker. Trading in stocks, etc can be done by opening a trading account with them.
The trading account involves many aspects like account opening, account opening charges, and maintenance charges. Then, there are brokerages involved that need to be paid to the broker.
Motilal Oswal trading account stands at a good ranking when all the above-mentioned aspects are concerned. It also provides research and advisory services to its clients.
The trading platforms and applications are quite good and user-friendly. Different aspects of the Motilal Oswal trading account should be carefully analyzed before making a decision.
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