IronFX
Motilal Oswal
VS
Higher Rated
IronFX
Capital at risk · T&Cs apply
Choosing between IronFX and Motilal Oswal depends on your trading style, preferred markets, and budget. IronFX is headquartered in Limassol, Cyprus, while Motilal Oswal operates from Mumbai, India. Motilal Oswal has the longer track record, established in 1987, compared to IronFX which was founded in 2010. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
IronFX
Motilal Oswal
IronFX is the better choice overall, scoring 3.7/5 vs 3.3/5 on BrokerRank's independent rating. On fees, IronFX offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
IronFX
3.7 vs 3.3
Lowest Fees
Tied
0 vs 0 pips
Regulation
IronFX
4 vs 1 licences
Min. Deposit
Motilal Oswal
$100 vs $0
IronFX
Motilal Oswal
IronFX
Motilal Oswal
Lower feesIronFX holds licences from FCA, ASIC, CySEC. Motilal Oswal is regulated by SEBI.
Both brokers offer access to Indices, Commodities markets. IronFX additionally covers Forex, Cfd, Metals. Motilal Oswal adds Stocks, Etf, Crypto.
IronFX supports MT4, MT5. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor.
IronFX requires a minimum deposit of $100, while Motilal Oswal sets no minimum deposit. This makes Motilal Oswal accessible to traders with any budget.
BrokerRank scores IronFX at 3.71/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IronFX leads overall with a clear advantage.
IronFX scores higher overall on our independent rating system. IronFX holds a 3.7/5 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.
IronFX offers spreads from 0 pips, while Motilal Oswal starts at 0 pips. Check the fees section above for a full breakdown.
IronFX requires a minimum deposit of $100. Motilal Oswal requires $0.
IronFX is regulated by CySEC, FCA, ASIC, FSCA, while Motilal Oswal holds licences from SEBI.
IronFX 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.