I have opened trading Account with Motilal Oswal 2 weeks back with advance brokarage of Rs. 10000/-.
Since Last week I have started using the same. from the day one, I started facing problems with Trading Platform.
1) There was no proper training given
2) Whenever you ask resolution about queries, they transfer the call to back office & you do not get proper response bacuase they do not try to understand the problem.
3) There are many limitations on Trading which Back office has also accepted.
a) You cannot do Intraday Trading on BSE
b) You have to trade specific scrips only from Cat A & B.
c) They do not allow some of scrips from Cat B
4) I have mailed all the issues to the concerned person but there is no response.
Finally I asked to close my account. In that case they are ready to close the account but will not get any Refund.
So you should be very careful while opening the trade account with Motilal Oswal.
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