I have been trading in Finosys for last one years.it is FAST accessing and instant in executions and less brokerage charges than other well known brokerages.
Brokerage is lowest and this is not based on negotiation but is always on the lower side for them. If you compare any other broker they lower the brokerages if you opt for digital contract notes but Motilal offers lower brokerages even for paper contract notes and if you opt for email contract notes only they may lower the brokerage further.