Skip to main content
Side-by-Side Comparison Independent Updated Oct 2, 2026

Fusion Markets vs Motilal Oswal 2026: Which Broker is Better?

Choosing between Fusion Markets and Motilal Oswal depends on your trading style, preferred markets, and budget. Fusion Markets is headquartered in Melbourne, Australia, while Motilal Oswal operates from Mumbai, India. Motilal Oswal has the longer track record, established in 1987, compared to Fusion Markets which was founded in 2017. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

Fusion Markets

Motilal Oswal

Higher ratedFusion Markets logo

Fusion Markets

3.9/ 5
Visit Fusion Markets →Full review
VS
Fusion MarketsMotilal Oswal
BrokerRank Score3.9/5 ✓3.4/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:500 ✓1:5
RegulationASIC, VFSC, FSA ✓SEBI
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile, MO Investor
Quick VerdictBrokerRank recommends
Best for Beginners
Fusion MarketsMotilal Oswal
Best for Low Fees
Fusion MarketsMotilal Oswal
Best for Regulation
Fusion MarketsMotilal Oswal
Best Overall
Fusion MarketsMotilal Oswal
Quick Answer

Fusion Markets is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Fusion Markets offers lower spreads (0 pips).

See full side-by-side comparison below

Fusion Markets vs Motilal Oswal: Key Differences

Feature

Fusion Markets

Winner

Motilal Oswal

Our Rating
3.9 / 5
3.4 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$2.25/lot
None
Regulated By
ASICVFSCFSA
Platforms
MT4, MT5, TradingView, cTrader
Proprietary Web, Proprietary Mobile, MO Investor
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Stocks, Etf, Crypto, Commodities, Indices
Founded
2017
1987
Headquarters
Melbourne, Australia
Mumbai, India
Score
2 / 3
1 / 3

Still deciding between Fusion Markets and Motilal Oswal?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

Fusion Markets

Motilal Oswal

Lower fees
Spread From
0 pips
0 pips
Commission
$2.25/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

Fusion Markets holds licences from ASIC. Motilal Oswal is regulated by SEBI.

Markets & Assets

Both brokers offer access to Stocks, Indices, Commodities markets. Fusion Markets additionally covers Forex, Cfd. Motilal Oswal adds Etf, Crypto.

Trading Platforms

Fusion Markets supports MT4, MT5, TradingView. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor.

Minimum Deposit

Fusion Markets requires no minimum deposit, while Motilal Oswal sets no minimum deposit. This makes Fusion Markets accessible to traders with any budget.

Overall Ratings

BrokerRank scores Fusion Markets at 3.56/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Fusion Markets leads overall with a clear advantage.

BrokerRank Verdict

Fusion Markets is our recommended pick in this comparison, scoring 3.56/5 versus Motilal Oswal's 3.26/5. Fusion Markets holds more tier-1 licences (ASIC), offering stronger regulatory protection. Motilal Oswal is still a solid option for traders who prefer Motilal Oswal's specific platform or market selection, but Fusion Markets offers a stronger overall package for the majority of traders.

Who Should Choose Which?

Fusion Markets

Fusion Markets

3.9/5

Top pick

Choose Fusion Markets if you want…

  • Higher overall rating (3.9/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (6)
Motilal Oswal

Motilal Oswal

3.4/5

Choose Motilal Oswal if you want…

  • No per-trade commission
  • More established (est. 1987)

Also consider

View all rankings

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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#4AvaTrade logo
AvaTrade
4.0
MAS
Visit
#5Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

Both Fusion Markets & Motilal Oswal are available in

Frequently Asked Questions

1

Is Fusion Markets better than Motilal Oswal?

Fusion Markets scores higher overall on our independent rating system. Fusion Markets 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.

2

Which has lower fees, Fusion Markets or Motilal Oswal?

Fusion Markets offers spreads from 0 pips, while Motilal Oswal starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Fusion Markets vs Motilal Oswal?

Fusion Markets requires a minimum deposit of $0. Motilal Oswal requires $0.

4

Which broker is safer, Fusion Markets or Motilal Oswal?

Fusion Markets is regulated by ASIC, VFSC, FSA, while Motilal Oswal holds licences from SEBI.

5

What trading platforms do Fusion Markets and Motilal Oswal support?

Fusion Markets supports MT4, MT5, TradingView, cTrader. Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor.

6

Can I use both Fusion Markets and Motilal Oswal?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Key Trading Terms

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Featured

Deriv

4.0
Open Account

Capital at risk · T&Cs apply