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

Motilal Oswal vs Capital Index 2026: Which Broker is Better?

Choosing between Motilal Oswal and Capital Index depends on your trading style, preferred markets, and budget. Motilal Oswal is headquartered in Mumbai, India, while Capital Index operates from London, UK. Motilal Oswal has the longer track record, established in 1987, compared to Capital Index which was founded in 2014. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

Motilal Oswal

Capital Index

Higher ratedMotilal Oswal logo

Motilal Oswal

3.4/ 5
Visit Motilal Oswal →Full review
VS
Motilal OswalCapital Index
BrokerRank Score3.4/5 ✓3.2/5
Min. Deposit$0 ✓$100
Spread from0 pips0 pips
Max Leverage1:51:500 ✓
RegulationSEBIFCA
PlatformsProprietary Web, Proprietary Mobile, MO InvestorMT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
Motilal OswalCapital Index
Best for Low Fees
Motilal OswalCapital Index
Best for Regulation
Motilal OswalCapital Index
Best Overall
Motilal OswalCapital Index
Quick Answer

Motilal Oswal is the better choice overall, scoring 3.4/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Motilal Oswal offers lower spreads (0 pips).

See full side-by-side comparison below

Motilal Oswal vs Capital Index: Key Differences

Feature

Motilal Oswal

Winner

Capital Index

Our Rating
3.4 / 5
3.2 / 5
Min. Deposit
$0
$100
Max Leverage
Spread From
0 pips
0 pips
Commission
None
$3/lot
Regulated By
Platforms
Proprietary Web, Proprietary Mobile, MO Investor
MT4, MT5
Markets
Stocks, Etf, Crypto, Commodities, Indices
Forex, Cfd, Indices, Commodities, Crypto
Founded
1987
2014
Headquarters
Mumbai, India
London, UK
Score
3 / 4
1 / 4

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Fees Comparison

Fee

Motilal Oswal

Lower fees

Capital Index

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

Regulation & Trust

Motilal Oswal holds licences from SEBI. Capital Index is regulated by FCA.

Markets & Assets

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

Trading Platforms

Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor. Capital Index offers MT4, MT5.

Minimum Deposit

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

Overall Ratings

BrokerRank scores Motilal Oswal at 3.26/5 and Capital Index at 3.21/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Motilal Oswal leads overall with a marginal advantage.

BrokerRank Verdict

Motilal Oswal and Capital Index are closely matched, with Motilal Oswal scoring 3.26/5 against Capital Index's 3.21/5. Capital Index offers comparable regulatory coverage. Motilal Oswal is more accessible for new traders with its lower minimum deposit requirement. For most traders, Motilal Oswal is the stronger all-round choice, though Capital Index remains competitive for traders who prefer Capital Index's specific platform or market selection.

Who Should Choose Which?

Motilal Oswal

Motilal Oswal

3.4/5

Top pick

Choose Motilal Oswal if you want…

  • Higher overall rating (3.4/5)
  • No per-trade commission
  • No minimum deposit
  • More established (est. 1987)
Capital Index

Capital Index

3.2/5

Choose Capital Index if you want…

  • Higher leverage (up to 1:500)

Also consider

View all rankings

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.

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Frequently Asked Questions

1

Is Motilal Oswal better than Capital Index?

Motilal Oswal scores higher overall on our independent rating system. Motilal Oswal holds a 3.4/5 rating vs Capital Index's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Motilal Oswal or Capital Index?

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

3

What is the minimum deposit for Motilal Oswal vs Capital Index?

Motilal Oswal requires a minimum deposit of $0. Capital Index requires $100.

4

Which broker is safer, Motilal Oswal or Capital Index?

Motilal Oswal is regulated by SEBI, while Capital Index holds licences from FCA.

5

What trading platforms do Motilal Oswal and Capital Index support?

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

6

Can I use both Motilal Oswal and Capital Index?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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