Higher Rated
Deriv
Capital at risk · T&Cs apply
Choosing between Deriv and Motilal Oswal depends on your trading style, preferred markets, and budget. Deriv is headquartered in Limassol, Cyprus, while Motilal Oswal operates from Mumbai, India. Motilal Oswal has the longer track record, established in 1987, compared to Deriv which was founded in 1999. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Deriv
Motilal Oswal
Deriv is the better choice overall, scoring 3.8/5 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
Deriv
3.8 vs 3.3
Lowest Fees
Motilal Oswal
0.5 vs 0 pips
Regulation
Deriv
2 vs 1 licences
Min. Deposit
Motilal Oswal
$5 vs $0
Deriv
Motilal Oswal
Deriv
Motilal Oswal
Lower feesDeriv holds licences from FCA, MAS. Motilal Oswal is regulated by SEBI.
Both brokers offer access to Crypto, Indices, Commodities markets. Deriv additionally covers Forex, Cfd. Motilal Oswal adds Stocks, Etf.
On spreads, Motilal Oswal is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.5 pips at Deriv.
Deriv supports MT5, Proprietary Web, Proprietary Mobile. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor. Both brokers are available on Proprietary Web, Proprietary Mobile.
Deriv requires a minimum deposit of $5, while Motilal Oswal sets no minimum deposit. This makes Motilal Oswal accessible to traders with any budget.
BrokerRank scores Deriv at 3.77/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Deriv leads overall with a clear advantage.
Deriv scores higher overall on our independent rating system. Deriv holds a 3.8/5 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.
Deriv offers spreads from 0.5 pips, while Motilal Oswal starts at 0 pips. Check the fees section above for a full breakdown.
Deriv requires a minimum deposit of $5. Motilal Oswal requires $0.
Deriv is regulated by FCA, MAS, while Motilal Oswal holds licences from SEBI.
Deriv supports MT5, Proprietary Web, Proprietary Mobile. 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.