FXTM
Motilal Oswal
VS
Higher Rated
FXTM
Capital at risk · T&Cs apply
Choosing between FXTM and Motilal Oswal depends on your trading style, preferred markets, and budget. FXTM is headquartered in Limassol, Cyprus, while Motilal Oswal operates from Mumbai, India. Motilal Oswal has the longer track record, established in 1987, compared to FXTM which was founded in 2011. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
FXTM
Motilal Oswal
FXTM is the better choice overall, scoring 3.6/5 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
FXTM
3.6 vs 3.3
Lowest Fees
Motilal Oswal
0.1 vs 0 pips
Regulation
FXTM
3 vs 1 licences
Min. Deposit
Motilal Oswal
$10 vs $0
FXTM
Motilal Oswal
WinnerFXTM
Motilal Oswal
Lower feesFXTM holds licences from FCA, CySEC, FSCA. Motilal Oswal is regulated by SEBI.
Both brokers offer access to Stocks, Indices, Commodities markets. FXTM 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 FXTM.
FXTM supports MT4, MT5. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor.
FXTM requires a minimum deposit of $10, while Motilal Oswal sets no minimum deposit. This makes Motilal Oswal accessible to traders with any budget.
BrokerRank scores FXTM at 3.59/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FXTM leads overall with a clear advantage.
FXTM scores higher overall on our independent rating system. FXTM holds a 3.6/5 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.
FXTM offers spreads from 0.1 pips, while Motilal Oswal starts at 0 pips. Check the fees section above for a full breakdown.
FXTM requires a minimum deposit of $10. Motilal Oswal requires $0.
FXTM is regulated by FCA, CySEC, FSCA, while Motilal Oswal holds licences from SEBI.
FXTM supports MT4, MT5. 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.