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Does Motilal Oswal charge any undisclosed fees when you make deposits or withdrawals?

Broker Issues
Motilal Oswal
Fees and Spreads
02-10
United States
WikiFX
Reply

As someone who has considered Motilal Oswal for trading, I pay close attention to the transparency of deposit and withdrawal processes. Based strictly on the available information, I did not find explicit claims about undisclosed fees for funding or withdrawing from accounts. However, what gives me pause is the company's overall lack of regulation and the explicit warnings about potential risks and low transparency. In my trading experience, a broker's regulatory status is essential, as regulated firms are typically required to be transparent about all fees—including those tied to deposits or withdrawals. With Motilal Oswal, the absence of regulatory oversight means there may be less rigorous reporting or enforcement when it comes to handling client funds. Although I did not come across direct reports of hidden charges related to deposits or withdrawals, I am cautious because the platform’s disclosures overall appear limited and the risk warning is clear. For me, if a broker is not forthcoming about every aspect of their fee structure, that is a significant concern. Before committing any capital, I would want written confirmation of all possible charges and would personally reach out to their support for clarification, given the higher risk associated with unregulated entities. Caution and due diligence are especially important in this case.

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