CMC Markets
Motilal Oswal
VS
Higher Rated
CMC Markets
Capital at risk · T&Cs apply
Choosing between CMC Markets and Motilal Oswal depends on your trading style, preferred markets, and budget. CMC Markets is headquartered in London, UK, while Motilal Oswal operates from Mumbai, India. Motilal Oswal has the longer track record, established in 1987, compared to CMC Markets which was founded in 1989. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
CMC Markets
Motilal Oswal
CMC Markets is the better choice overall, scoring 4.0/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Motilal Oswal offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
CMC Markets
4.0 vs 3.3
Lowest Fees
Motilal Oswal
0.7 vs 0 pips
Regulation
CMC Markets
3 vs 1 licences
Min. Deposit
Tied
$0 vs $0
CMC Markets
WinnerMotilal Oswal
CMC Markets
Motilal Oswal
Lower feesCMC Markets holds licences from FCA, ASIC, MAS. Motilal Oswal is regulated by SEBI.
Both brokers offer access to Stocks, Indices, Commodities markets. CMC Markets additionally covers Cfd, Forex. Motilal Oswal adds Etf, Crypto.
On spreads, Motilal Oswal is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.7 pips at CMC Markets.
CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor. Both brokers are available on Proprietary Web, Proprietary Mobile.
CMC Markets requires no minimum deposit, while Motilal Oswal sets no minimum deposit. This makes CMC Markets accessible to traders with any budget.
BrokerRank scores CMC Markets at 4.04/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. CMC Markets leads overall with a clear advantage.
CMC Markets scores higher overall on our independent rating system. CMC Markets holds a 4.0/5 rating vs Motilal Oswal's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
CMC Markets offers spreads from 0.7 pips, while Motilal Oswal starts at 0 pips. Check the fees section above for a full breakdown.
CMC Markets requires a minimum deposit of $0. Motilal Oswal requires $0.
CMC Markets is regulated by FCA, ASIC, MAS, while Motilal Oswal holds licences from SEBI.
CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.