FBS
Motilal Oswal
VS
Higher Rated
FBS
Capital at risk · T&Cs apply
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 is the better choice overall, scoring 3.9/5 vs 3.3/5 on BrokerRank's independent rating. On fees, FBS offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
FBS
3.9 vs 3.3
Lowest Fees
Tied
0 vs 0 pips
Regulation
FBS
3 vs 1 licences
Min. Deposit
Motilal Oswal
$1 vs $0
FBS
WinnerMotilal Oswal
FBS
Motilal Oswal
FBS holds licences from ASIC, CySEC, FSCA. Motilal Oswal is regulated by SEBI.
Both brokers offer access to Stocks, Indices, Commodities markets. FBS additionally covers Forex, Cfd. Motilal Oswal adds Etf, Crypto.
FBS supports MT4, MT5, Proprietary Mobile. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor. Both brokers are available on Proprietary Mobile.
FBS requires a minimum deposit of $1, while Motilal Oswal sets no minimum deposit. This makes Motilal Oswal accessible to traders with any budget.
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.
FBS scores higher overall on our independent rating system. FBS holds a 3.9/5 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.
FBS offers spreads from 0 pips, while Motilal Oswal starts at 0 pips. Check the fees section above for a full breakdown.
FBS requires a minimum deposit of $1. Motilal Oswal requires $0.
FBS is regulated by CySEC, ASIC, FSCA, while Motilal Oswal holds licences from SEBI.
FBS supports MT4, MT5, 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.