FBS vs Motilal Oswal 2026: Which Broker is Better?
Choosing between FBS and Motilal Oswal depends on your trading style, preferred markets, and budget. FBS is headquartered in Limassol, Cyprus, while Motilal Oswal operates from Mumbai, India. Motilal Oswal has the longer track record, established in 1987, compared to FBS which was founded in 2009. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
FBS
Motilal Oswal
| FBS | Motilal Oswal | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.4/5 |
| Min. Deposit | $1 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:3000 ✓ | 1:5 |
| Regulation | CySEC, ASIC, FSCA ✓ | SEBI |
| Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MO Investor |
FBS is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, FBS offers lower spreads (0 pips).
See full side-by-side comparison belowFBS vs Motilal Oswal: Key Differences
FBS
WinnerMotilal Oswal
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Fees Comparison
FBS
Motilal Oswal
Regulation & Trust
FBS holds licences from ASIC, CySEC, FSCA. Motilal Oswal is regulated by SEBI.
Markets & Assets
Both brokers offer access to Stocks, Indices, Commodities markets. FBS additionally covers Forex, Cfd. Motilal Oswal adds Etf, Crypto.
Trading Platforms
FBS supports MT4, MT5, Proprietary Mobile. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor. Both brokers are available on Proprietary Mobile.
Minimum Deposit
FBS requires a minimum deposit of $1, while Motilal Oswal sets no minimum deposit. This makes Motilal Oswal accessible to traders with any budget.
Overall Ratings
BrokerRank scores FBS at 3.88/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FBS leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
FBS
3.9/5
Choose FBS if you want…
- Higher overall rating (3.9/5)
- Higher leverage (up to 1:3000)
- More regulatory licences (3)
- More market types (6)
Motilal Oswal
3.4/5
Choose Motilal Oswal if you want…
- No minimum deposit
- More established (est. 1987)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both FBS & Motilal Oswal are available in
Frequently Asked Questions
1Is FBS better than Motilal Oswal?
FBS scores higher overall on our independent rating system. FBS holds a 3.9/5 rating vs Motilal Oswal's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, FBS or Motilal Oswal?
FBS offers spreads from 0 pips, while Motilal Oswal starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FBS vs Motilal Oswal?
FBS requires a minimum deposit of $1. Motilal Oswal requires $0.
4Which broker is safer, FBS or Motilal Oswal?
FBS is regulated by CySEC, ASIC, FSCA, while Motilal Oswal holds licences from SEBI.
5What trading platforms do FBS and Motilal Oswal support?
FBS supports MT4, MT5, Proprietary Mobile. Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor.
6Can I use both FBS and Motilal Oswal?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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