Dukascopy
Motilal Oswal
VS
Higher Rated
Dukascopy
Capital at risk · T&Cs apply
Choosing between Dukascopy and Motilal Oswal depends on your trading style, preferred markets, and budget. Dukascopy is headquartered in Geneva, Switzerland, while Motilal Oswal operates from Mumbai, India. Motilal Oswal has the longer track record, established in 1987, compared to Dukascopy which was founded in 2004. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Dukascopy
Motilal Oswal
Dukascopy is the better choice overall, scoring 3.7/5 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
Dukascopy
3.7 vs 3.3
Lowest Fees
Motilal Oswal
0.1 vs 0 pips
Regulation
Dukascopy
2 vs 1 licences
Min. Deposit
Motilal Oswal
$100 vs $0
Dukascopy
Motilal Oswal
WinnerDukascopy
Motilal Oswal
Lower feesDukascopy holds licences from FCA, MAS. Motilal Oswal is regulated by SEBI.
Both brokers offer access to Stocks, Indices, Commodities markets. Dukascopy additionally covers Forex, Cfd. Motilal Oswal adds Etf, Crypto.
On spreads, Motilal Oswal is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at Dukascopy.
Dukascopy supports Proprietary Web, Proprietary Mobile, MT4. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor. Both brokers are available on Proprietary Web, Proprietary Mobile.
Dukascopy requires a minimum deposit of $100, while Motilal Oswal sets no minimum deposit. This makes Motilal Oswal accessible to traders with any budget.
BrokerRank scores Dukascopy at 3.71/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Dukascopy leads overall with a clear advantage.
Dukascopy scores higher overall on our independent rating system. Dukascopy holds a 3.7/5 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.
Dukascopy offers spreads from 0.1 pips, while Motilal Oswal starts at 0 pips. Check the fees section above for a full breakdown.
Dukascopy requires a minimum deposit of $100. Motilal Oswal requires $0.
Dukascopy is regulated by FCA, MAS, while Motilal Oswal holds licences from SEBI.
Dukascopy 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.