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Side-by-Side Comparison Independent Updated Oct 2, 2026

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

Choosing between GO Markets and Motilal Oswal depends on your trading style, preferred markets, and budget. GO 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 GO Markets 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.

GO Markets

Motilal Oswal

Higher ratedMotilal Oswal logo

Motilal Oswal

3.4/ 5
Visit Motilal Oswal →Full review
VS
GO MarketsMotilal Oswal
BrokerRank Score3.3/53.4/5 ✓
Min. Deposit$200$0 ✓
Spread from0.1 pips0 pips ✓
Max Leverage1:500 ✓1:5
RegulationASIC, CySEC ✓SEBI
PlatformsMT4, MT5Proprietary Web, Proprietary Mobile, MO Investor
Quick VerdictBrokerRank recommends
Best for Beginners
Motilal OswalGO Markets
Best for Low Fees
Motilal OswalGO Markets
Best for Regulation
GO MarketsMotilal Oswal
Best Overall
Motilal OswalGO Markets
Quick Answer

Motilal Oswal is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Motilal Oswal offers lower spreads (0 pips).

See full side-by-side comparison below

GO Markets vs Motilal Oswal: Key Differences

Feature

GO Markets

Motilal Oswal

Winner
Our Rating
3.3 / 5
3.4 / 5
Min. Deposit
$200
$0
Max Leverage
Spread From
0.1 pips
0 pips
Commission
$3/lot
None
Regulated By
Platforms
MT4, MT5
Proprietary Web, Proprietary Mobile, MO Investor
Markets
Forex, Cfd, Indices, Commodities, Crypto
Stocks, Etf, Crypto, Commodities, Indices
Founded
2006
1987
Headquarters
Melbourne, Australia
Mumbai, India
Score
1 / 5
4 / 5

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Fees Comparison

Fee

GO Markets

Motilal Oswal

Lower fees
Spread From
0.1 pips
0 pips
Commission
$3/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

GO Markets holds licences from ASIC, CySEC. Motilal Oswal is regulated by SEBI.

Markets & Assets

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

Fees & Spreads

On spreads, Motilal Oswal is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at GO Markets.

Trading Platforms

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

Minimum Deposit

GO Markets requires a minimum deposit of $200, while Motilal Oswal sets no minimum deposit. This makes Motilal Oswal accessible to traders with any budget.

Overall Ratings

BrokerRank scores GO Markets at 3.33/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. GO Markets leads overall with a clear advantage.

BrokerRank Verdict

GO Markets and Motilal Oswal are closely matched, with GO Markets scoring 3.33/5 against Motilal Oswal's 3.26/5. GO Markets holds more tier-1 licences (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. For most traders, GO Markets is the stronger all-round choice, though Motilal Oswal remains competitive for beginners starting with a smaller initial capital.

Who Should Choose Which?

GO Markets

GO Markets

3.3/5

Choose GO Markets if you want…

  • Higher leverage (up to 1:500)
  • More regulatory licences (2)
Motilal Oswal

Motilal Oswal

3.4/5

Top pick

Choose Motilal Oswal if you want…

  • Higher overall rating (3.4/5)
  • Tighter spreads (from 0 pips)
  • No per-trade commission
  • No minimum deposit

Also consider

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80% of retail CFD accounts lose money.

Both GO Markets & Motilal Oswal are available in

Frequently Asked Questions

1

Is GO Markets better than Motilal Oswal?

Motilal Oswal scores higher overall on our independent rating system. GO Markets holds a 3.3/5 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, GO Markets or Motilal Oswal?

GO Markets offers spreads from 0.1 pips, while Motilal Oswal starts at 0 pips. Check the fees section above for a full breakdown.

3

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

GO Markets requires a minimum deposit of $200. Motilal Oswal requires $0.

4

Which broker is safer, GO Markets or Motilal Oswal?

GO Markets is regulated by ASIC, CySEC, while Motilal Oswal holds licences from SEBI.

5

What trading platforms do GO Markets and Motilal Oswal support?

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

6

Can I use both GO Markets 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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