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Side-by-Side Comparison Independent Updated Apr 19, 2026

FxPro vs Motilal Oswal 2026: Which Broker is Better?

Choosing between FxPro and Motilal Oswal depends on your trading style, preferred markets, and budget. FxPro is headquartered in London, UK, while Motilal Oswal operates from Mumbai, India. Motilal Oswal has the longer track record, established in 1987, compared to FxPro which was founded in 2006. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

FxPro

Motilal Oswal

Higher ratedFxPro logo

FxPro

4.1/ 5
Visit FxPro →Full review
VS
FxProMotilal Oswal
BrokerRank Score4.1/5 ✓3.4/5
Min. Deposit$100$0 ✓
Spread from0.6 pips0 pips ✓
Max Leverage1:500 ✓1:5
RegulationFCA, CySEC, ASIC ✓SEBI
PlatformsMT4, MT5, Proprietary WebProprietary Web, Proprietary Mobile, MO Investor
Quick VerdictBrokerRank recommends
Best for Beginners
Motilal OswalFxPro
Best for Low Fees
Motilal OswalFxPro
Best for Regulation
FxProMotilal Oswal
Best Overall
FxProMotilal Oswal
Quick Answer

FxPro is the better choice overall, scoring 4.1/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Motilal Oswal offers lower spreads (0 pips).

See full side-by-side comparison below

FxPro vs Motilal Oswal: Key Differences

Feature

FxPro

Motilal Oswal

Our Rating
4.1 / 5
3.4 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0.6 pips
0 pips
Commission
None
None
Regulated By
Platforms
MT4, MT5, Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, MO Investor
Markets
Forex, Cfd, Stocks, Indices, Commodities
Stocks, Etf, Crypto, Commodities, Indices
Founded
2006
1987
Headquarters
London, UK
Mumbai, India
Score
2 / 4
2 / 4

Fees Comparison

Fee

FxPro

Motilal Oswal

Lower fees
Spread From
0.6 pips
0 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

FxPro holds licences from FCA, ASIC, CySEC. Motilal Oswal is regulated by SEBI.

Markets & Assets

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

Fees & Spreads

On spreads, Motilal Oswal is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at FxPro.

Trading Platforms

FxPro supports MT4, MT5, Proprietary Web, Proprietary Mobile. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor. Both brokers are available on Proprietary Web, Proprietary Mobile.

Minimum Deposit

FxPro requires a minimum deposit of $100, while Motilal Oswal sets no minimum deposit. This makes Motilal Oswal accessible to traders with any budget.

Overall Ratings

BrokerRank scores FxPro at 4.09/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FxPro leads overall with a clear advantage.

BrokerRank Verdict

FxPro is our recommended pick in this comparison, scoring 4.09/5 versus Motilal Oswal's 3.26/5. FxPro holds more tier-1 licences (FCA, ASIC), offering stronger regulatory protection. Motilal Oswal has a fees advantage with 0.0 pip spreads. Traders with smaller budgets may find Motilal Oswal's lower minimum deposit of $0 more accessible. Motilal Oswal is still a solid option for beginners starting with a smaller initial capital, but FxPro offers a stronger overall package for the majority of traders.

Who Should Choose Which?

FxPro

FxPro

4.1/5

Top pick

Choose FxPro if you want…

  • Higher overall rating (4.1/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More platforms (4 supported)
Motilal Oswal

Motilal Oswal

3.4/5

Choose Motilal Oswal if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit
  • More established (est. 1987)

Also consider

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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.

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80% of retail CFD accounts lose money.

Both FxPro & Motilal Oswal are available in

Frequently Asked Questions

1

Is FxPro better than Motilal Oswal?

FxPro scores higher overall on our independent rating system. FxPro holds a 4.1/5 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, FxPro or Motilal Oswal?

FxPro offers spreads from 0.6 pips, while Motilal Oswal starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FxPro vs Motilal Oswal?

FxPro requires a minimum deposit of $100. Motilal Oswal requires $0.

4

Which broker is safer, FxPro or Motilal Oswal?

FxPro is regulated by FCA, CySEC, ASIC, while Motilal Oswal holds licences from SEBI.

5

What trading platforms do FxPro and Motilal Oswal support?

FxPro supports MT4, MT5, Proprietary Web, Proprietary Mobile. Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor.

6

Can I use both FxPro 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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