Motilal Oswal Mobile Trading App is one of the decent performing apps in India especially when it comes to the number of features offered and speed.
In this detailed review, we will have a look at its quick demo, features along with looking at some of its pros and cons so that you can decide whether it is a good choice for your trading purposes or not.
The app offers some more-than-basic features for its guest users as well as to understand how it works and what features it has to offer for its clients. Clients can trade across segments such as Equity, Commodity, Currency, IPO and Mutual funds at the same time.
Depending on the user type, Motilal Oswal Mobile trading app comes in two different forms, namely:
The app types are self-explanatory by their names and the corresponding design, features, trading segments are set-up correspondingly in the apps. Although, as far as the design and overall user experience is concerned, we liked MO Investor much better than MO Trader.
Both the apps offer guest-login feature and if you want to have a look yourself, you can give it a shot by downloading and installing the respective app on your Android/iOS mobiles.
Both the apps allow you to switch between each other with a single sign-on facility as long as you have both the apps installed on your device.
In the rest of the review, we will have a close look at the different features both these apps have to offer and how you can benefit from these apps in your trades:
Motilal Oswal Mobile Trading App Demo
Motilal Oswal mobile trading app is rated 4.1 at the play store and performs decently well:
Number of Installs
Mobile App Size
Negative Ratings Percentage
Update Frequency Cycle
It comes loaded with the following features:
As the user logs into the application, the home screen basically gives an overview of how different indices and corresponding segments are performing to go along with top gainers and losers etc.
You can visit your portfolio and check the complete segregation in a graphical format as shown below. You will get a quick idea without wasting much time in knowing how your investments are put out with an idea on your top and bottom performers as well.
Furthermore, you can have a quick idea about the potential risk and return percentages based on your current investments in the portfolio using the screen below.
Users have the option to add multiple watchlists across indices, asset classes and segments with a cap of 50 scrips per market watch. A market watch basically helps clients to closely observe the performance of some of the filtered out stocks or other trading products.
Market Scanner is a feature that helps you in providing a quick understanding of the market situation and trends. The feature saves time and gives you quick information pieces on the stocks that are top revenue-producing, most yielding, overvalued/undervalued (multi-bagger), indebted and so on.
You may choose to place different kinds of orders including bulk orders as well i.e. placement of multiple orders at once is also allowed.
Motilal Oswal Mobile trading app allows you to access advisory service from its various research products including research in Cash, Derivatives, FundTech, Long Short, SMART (all these are advisory product names).
Then if you are someone who prefers investing in mutual funds, then the Motilal Oswal Mobile Trading App provides you with a provision to do so. The app also shows quick data points and information pieces such as MF return and risk percentage, total AUM (Assets Under Management) etc. The overall MF investing process is pretty easily laid out too.
This Motilal Oswal Mobile Trading app offers an in-app chatting facility with the help of MO Genie, a customized chatting application developed by the broker. This facility helps you in resolving any quick queries or doubts you may have without getting out of the app.
You can also choose to perform a quick check by doing performance analysis of different funds at different time-durations. Then, based on your investment lock-in period you can take a call for your investments too.
For intra-day traders, there is a provision of 5 Best ‘bids and asks’ that let the user know top 5 options for placing trades for a selected stock. Here is one such instance:
Get detailed information about a selected stock with information on:
Bid and ask size
1 year expected return
Motilal Oswal’s review on whether to buy or sell
Other details on Open, high, low, close, 52-week high/low price etc.
Detailed chart trend for the day
To get a vibe of the market, users do have the option to check the top losers/gainers stocks, top/worst performing sectors etc. All this information is helpful for users who are looking to get a quick glance at the market and make quick judgments:
The charts provided in the Motilal Oswal Mobile Trading app can be configured from as short as 1-minute to as long as 5-years for a detailed level analysis. Additionally, there are 9 technical indicators as well make the analysis process even more detailed.
Since Motilal Oswal is a full-service stockbroker, it offers all kinds of research reports, recommendations and news for users who are looking for advice from their broker. The news comprises of Market Commentary, Market News, Company News, Commodity News, Corporate Actions, Economic Events etc.
You can view different kinds of reports with different information and data points including Order book, Trade book, Net Position, Demat Holding, Margin, Contract Notes, Ledger, Operational Reports etc.
Motilal Oswal Mobile Trading App Advantages
Here are some of the benefits you are provided with while using this web trading application from this full-service stockbroker:
Pretty exhaustive app with multiple features and ease of use
As a full-service stockbroker, Motilal Oswal provides different research reports, tips and recommendations of more than 225 listed companies and more than 20 sectors to its clients.
Funds transfer across 60+ banks of India allowed with ease of use.
Helpful for all kinds of users, be it beginners or experts with the optimal user experience.
The Motilal Oswal Mobile Trading app provides you with ACE or Advise on Combination of Equities which is an algo trading based investment strategies based on your risk appetite, investment amount and duration. ACE is available for Equity and Derivatives segments.
The robo-wealth feature provides you with an idea of the optimal asset allocation in different investment segments post looking at your risk appetite.
The app has something called a TIP or Target Investment Plan that assists you with investment ideas on where and how to invest in specific investment classes and for how long to invest.
The MO Trader app provides a facility of Trade Guide signal feature which is a crucial feature for intraday trading as well as swing trading. With this provision, traders can get automated signals on the specific trades they are looking to trade-in.