Motilal Oswal is a full-service broker that offers its service through a network of over 2200 plus branches and sub-brokers in over 500 cities of India. It is among the most technologically advanced stockbroker with the in-house trading platform, back office, risk management software, and partner portals. It offers multiple online trading applications to get a different segment of customers. In this article, we will tell you detailed information about the Motilal Oswal MO investor app and you will get a complete review of this app.

About Motilal Oswal MO Investor App

Motilal Oswal MO Investor app offers an excellent trading experience to its customer through its comprehensive features like recent news alert that contains diverse e-news and trading educational articles, the chart reveals the pricing data of stocks, offers the largest selection of the research report, performs technical and fundamental analysis, market watch, live streaming quotes and more. MO investor is the cutting edge of app development which means at low speed of the internet it will run smoothly along with its advanced features which allows you to manage your portfolio and invest in the right direction. With the help of this app, you can buy or sell stocks from your phone and you can check real-time profit and loss, manage your portfolio, trade directly from the chart, and get real-time updates about the economic events and you can easily access the last stock search.

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Key facts about Motilal Oswal

The following are the key facts about Motilal Oswal:

  • It has more than 30 years of experience in the stockbroking and investment industry.
  • It offers a broad range of financial products including Mutual Funds,  insurance, IPOs, and fixed income products.
  • It is 6 times winner of best-performing equity broker National by UTI CNBC TV18 financial advisor awards.
  • It has a solid research division having published 30000 + research reports across 21 sectors.
  • It has millions of customers with more than Rs 69,561 crores as depository assets.
  • It offers an instant one-day account opening facility.
  • It is present in 500 plus cities across India.
  • It offers good trading software.
  • It is a member of NSE, BSE, MCX, NCDEX, and MSEI.

Features of Motilal Oswal MO Investor app

Motilal Oswal MO Investor is a great app for beginners, freelance stock marketers, and also for experienced geeks. The following are some of the top features of this app:

· Comprehensive portfolio snapshot

This feature allows you to get comprehensive and gives a smart insight into your portfolio and it is integrated into the app to assist traders in meeting their financial goals. Further, it will give a snapshot of your trading performance.

· Quote page

The Motilal finance service was honored with the award with ‘Best report research company’ by Zee News as it covers 30,000 + research reports, 260 + stock covered and 40 + report types which simply means here you will get complete information about the company search by you.

· Robo wealth

This feature gives you positive as well as negative updates about your favorite portfolios and gives your recommendation in multiple languages and provides automatic right investing asset allocation based on your risk profile.

· Target Investing Plan

This feature gives you real-world trading experience like how to invest, when to invest, where to invest and if you are a new trader then this feature is a permanent guide for you and will help you around the clock with rebalancing suggestion goals.

· Advice on a combination of equities

This feature gives you the right advice as per your risk profile and it makes this app different from human advice which means it is not emotion-based. The advice which you will get is based on Technical and fundamental analysis.

· Rich mutual fund selection

This feature enhances investment experience and the tools like fund scanner and fund comparison help in making the right decision in investment along with you can take the snapshot of your MF Holdings.

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How to use: Ways to use Motilal Oswal

To use this app we have to download this app from the store and you have to create a trading account. After installing and creating a trading account you have to follow the simple steps that will help you to use the MO app to buy shares:

  • Firstly you have to create a Demat account with the MO app
  • Tap on open a Demat account and provide the necessary details to create the profile.
  • The app will send you a link that will lead you to open your Demat account
  • After your complete the app creating process, your account will be created the next day after verification
  • You will receive a welcome kit and in the kit, you will get a password and id which will help you use your Demat account
  • After receiving your Welcome Kit, you can use the MO app to buy shares through mobile.

How to withdraw fund: Steps to withdraw fund

To withdraw money from your trading account to your bank account, the following are the steps to follow – click on the link funds and select the option withdrawal and you will be led to a window, there enter the amount you wish to withdraw and click on submit.

How to transfer money from my bank to my trading account?

To transfer funds from your bank account to your trading account, follow the steps mentioned below:

  • Click on the link funds
  • Select the option of transfer
  • You will be led to a page where you have to select the bank name from the drop-down
  • Enter the amount you wish to transfer
  • Click on submit

You will be led to the payment gateway of your bank where you have to enter your internet banking password and then validate your request for money transfer and on the successful confirmation, the money transferred by you will get reflected in the margin statement under the link funds.

How to buy an IPO from an MO investor?

The following are the steps to apply in an IPO through its website:

  • Login to Motilal Oswal website
  • Go to the IPO section of the website
  • To apply in an IPO, click on place an order
  • Accept the terms and conditions by clicking I agree
  • You will get a list of IPOs that are currently on offer
  • Click on the place order button located in front of the IPO of your interest
  • On the IPO bidding page check total funds, beneficiary account number, and IPO name
  • Choose investor category which means retail or noninstitutional
  • Enter the quantity,  price and click on confirm the order
  • On the order confirmation screen click on confirm order button again
  • Allocated fund by clicking on fund Hold and release
  • On the next screen validate your personal information and click submit
  • This is done,  you will get an acknowledgment with an internal reference number.

How to cancel a Demat account in MO?

The following are the steps to close the Motilal Oswal account:

  • Firstly download the account closure form
  • Fill the closure form with the required details
  • Send the form to their head office or physically submit it to the nearest office.

Make sure that there are no holdings and negative balances in your account before initiating the account closure request.

Pros and Cons of Motilal Oswal MO Investor app

The following are some advantages of the Motilal Oswal app which will help you in finding if it suits investment needs or not:

  • It has experience in trading and investment.
  • It has a wide range of investment choices like equity,  derivatives, IPO, Mutual Funds, insurance, and fixed deposit.
  • It has a value pack brokerage scheme that offers low brokerage options.
  • It has complete ease of operations with more than 60 banks for fund transfer.
  • It offers a free research advisory service.
  • It is free trading software.

The following are some of the disadvantages of Motilal Oswal which you should consider:

  • It has very high brokerage charges in comparison with the discount brokers like Zerodha and 5paisa.
  • The brokerage in the value pack scheme is competitive but it requires upfront fees at the time of opting for the plan and the value pack plans cannot be updated or canceled once selected.
  • It does not offer 3 in 1 account.

FAQs

1. Does Motilal offer IPO?

Ans. Yes, Motilal Oswal offers an online IPO application to its customers. It offers an early opportunity to buy shares of companies that are not previously traded publicly.

2. What are the different models available for trading in MOSL?

Ans. The following are different models available for trading in MOSL:

  • Motilal Oswal Desktop trading application
  • Web trading platform
  • Mobile trading application for Android phones, tab, iPhones, and BlackBerry phones.

3. How long does it take to open an account with MOSL?

Ans. After you submit the relevant documents, the MO app will send you a welcome kit with details of your client ID and password within 7 working days.

4. Does the Motilal Oswal MO investor app provide tips?

Ans. Yes, Motilal Oswal provides trading tips for stock and commodity trading to its custo

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Conclusion

I hope this article is sufficient enough to provide the information about Motilal Oswal MO Investor App Review.