Broker Guidelines
Guidelines for Motilal Oswal (XTS)
Motilal Oswal Broker: An Overview
Motilal Oswal Financial Services is a leading financial services company in India, offering a wide range of investment products, including mutual funds, ETFs, portfolio management services, and more. The company is known for its robust research, strong market presence, and a comprehensive suite of investment solutions tailored to meet the needs of both retail and institutional investors. Motilal Oswal offers various mutual funds and ETFs such as the Motilal Oswal Midcap Fund, Motilal Oswal Microcap 250 Index Fund, and the Motilal Oswal Nasdaq 100 ETF. These funds are designed to cater to different investment goals, from midcap growth to exposure to international markets like the Nasdaq.
Info
- Motila Oswal Account Opening Link: https://www.motilaloswal.com/open-demat-account/
- Motilal Oswal XTS API: https://moxtsapi.motilaloswal.com:3000/#!/app
- Customer Support: https://www.motilaloswal.com/contact-us
- API Charges: Free
What you will need to add Motilal Oswal (XTS) account in Cirrus
- You need to have a Cirrus Account. If you don't have one, follow the LINK.
• You need an active Motilal Oswal Demat account with F&O activated.
• Log in to the Motilal Oswal XTS portal.
• Click ‘Create New App’.
• Create the Interactive Data API.
• Copy your API Key & Secret for Cirrus.
FAQs for Motilal Oswal (XTS)
1. What is a 2FA password?
The 2FA (Two-Factor Authentication) password for clients is either their registered mobile number or PAN number.
2. How can I reset my trading account password?
If you've forgotten your password or wish to unlock your account: • Click on the "Forgot Password" link on the login page. • Enter your User ID and registered email ID, then click submit. • You'll receive a new password via email and SMS. • The email will contain a PDF attachment protected by your PAN number as the password. • Open the PDF to retrieve your new password.
3. What are the password requirements?
Passwords must be alphanumeric, ranging from 6 to 12 characters. Spaces are not allowed, but special characters are permitted.
4. How often should I change my password?
Passwords automatically expire every 14 days, prompting users to set a new one. Users can also change their passwords at any time, but the new password must differ from the last eight used.
5. What mobile trading platforms are available?
Motilal Oswal offers the "Beyond" mobile trading app, compatible with both Android and iOS devices. You can download it from the Google Play Store or Apple App Store.
6. How do I log in using the mobile app?
Use the same username and password as you would for other trading applications like ODIN or Net-Net.
7. Which segments can I trade using the mobile app?
Through the mobile app, you can trade in Equity, Futures & Options (F&O), and Commodities (MCX only).
8. What happens if I enter the wrong password multiple times?
After three consecutive incorrect password attempts, your account will be locked. To unlock it, use the "Unlock Account" link on the login page and reset your password using the "Forgot Password" option.
9. What is a stop-loss order?
A stop-loss order is designed to limit potential losses by setting a trigger price. When the stock price reaches this trigger, an automatic order is placed at the predetermined stop-loss price.