IG Group vs Motilal Oswal 2026: Which Broker is Better?
Choosing between IG Group and Motilal Oswal depends on your trading style, preferred markets, and budget. IG Group is headquartered in London, UK, while Motilal Oswal operates from Mumbai, India. IG Group has the longer track record, established in 1974, compared to Motilal Oswal which was founded in 1987. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
IG Group
Motilal Oswal
| IG Group | Motilal Oswal | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.4/5 |
| Min. Deposit | $250 | $0 ✓ |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:200 ✓ | 1:5 |
| Regulation | FCA, ASIC, MAS ✓ | SEBI |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile, MO Investor |
IG Group is the better choice overall, scoring 4.3/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Motilal Oswal offers lower spreads (0 pips).
See full side-by-side comparison belowIG Group vs Motilal Oswal: Key Differences
IG Group
Motilal Oswal
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Fees Comparison
IG Group
Motilal Oswal
Lower feesRegulation & Trust
IG Group holds licences from FCA, ASIC, MAS. Motilal Oswal is regulated by SEBI.
Markets & Assets
Both brokers offer access to Stocks, Indices, Commodities markets. IG Group additionally covers Cfd, Forex. 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 IG Group.
Trading Platforms
IG Group supports Proprietary Web, Proprietary Mobile, MT4. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
IG Group requires a minimum deposit of $250, while Motilal Oswal sets no minimum deposit. This makes Motilal Oswal accessible to traders with any budget.
Overall Ratings
BrokerRank scores IG Group at 4.33/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IG Group leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
IG Group
4.3/5
Choose IG Group if you want…
- Higher overall rating (4.3/5)
- Higher leverage (up to 1:200)
- More regulatory licences (4)
- More market types (6)
Motilal Oswal
3.4/5
Choose Motilal Oswal if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
Also consider
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.
Both IG Group & Motilal Oswal are available in
Frequently Asked Questions
1Is IG Group better than Motilal Oswal?
IG Group scores higher overall on our independent rating system. IG Group holds a 4.3/5 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.
2Which has lower fees, IG Group or Motilal Oswal?
IG Group offers spreads from 0.6 pips, while Motilal Oswal starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for IG Group vs Motilal Oswal?
IG Group requires a minimum deposit of $250. Motilal Oswal requires $0.
4Which broker is safer, IG Group or Motilal Oswal?
IG Group is regulated by FCA, ASIC, MAS, SEC, while Motilal Oswal holds licences from SEBI.
5What trading platforms do IG Group and Motilal Oswal support?
IG Group supports Proprietary Web, Proprietary Mobile, MT4. Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor.
6Can I use both IG Group 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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