Scam or fraud: Motilal Oswal — Very high unexpected brokerage charges in reality than claimed by motilaloswal.com

Submitted by:  MayankKumar9631

Complaint Details:
Sir,
my client id is EAOP7843
can i know how are the brokerages are calculated as it’s creating TOO MUCH LOSS.i am new on motilal trading. i couldn’t understand.for e.g first in hindustan petroleum why is my brokerage amount 0.6 Rs just on amount of 454.75Rs share and that too 1 qty, since in intraday buying motilal charges only 0.05 Rs per 100 Rs buying/selling…similarly again when i bought 1 share of RS 266 of sbi it charged 6.66 Rs just on brokerage, then again for the same quantity of 1 share of sbi when bought u just charged 0.26????? similarly others .please clarify?WHAT ARE YOU GUYS DOING?????????HOW DO YOU EVER EXPECT A CLIENT TO MAKE PROFIT ON INTRADAY WHEN YOU ARE CHARGING 6.6 Rs on just 1 share of 250Rs approx, pls clarify.

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