Motilal Oswal
Chipper Cash
VS
Higher Rated
Motilal Oswal
Capital at risk · T&Cs apply
Choosing between Motilal Oswal and Chipper Cash depends on your trading style, preferred markets, and budget. Motilal Oswal is headquartered in Mumbai, India, while Chipper Cash operates from San Francisco, USA. Motilal Oswal has the longer track record, established in 1987, compared to Chipper Cash which was founded in 2018. 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
Chipper Cash
Motilal Oswal is the better choice overall, scoring 3.3/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Motilal Oswal offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Motilal Oswal
3.3 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
Chipper Cash
1 vs 2 licences
Min. Deposit
Motilal Oswal
$0 vs $1
Motilal Oswal
WinnerChipper Cash
Motilal Oswal
Chipper Cash
Motilal Oswal holds licences from SEBI. Chipper Cash is regulated by FCA, BoG.
Both brokers offer access to Stocks, Etf, Crypto markets. Motilal Oswal additionally covers Commodities, Indices.
Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor. Chipper Cash offers Proprietary Mobile. Both brokers are available on Proprietary Mobile.
Motilal Oswal requires no minimum deposit, while Chipper Cash sets a minimum deposit of $1. This makes Motilal Oswal accessible to traders with any budget.
BrokerRank scores Motilal Oswal at 3.26/5 and Chipper Cash at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Motilal Oswal leads overall with a clear advantage.
Motilal Oswal scores higher overall on our independent rating system. Motilal Oswal holds a 3.3/5 rating vs Chipper Cash's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Motilal Oswal offers spreads from 0 pips, while Chipper Cash starts at 0 pips. Check the fees section above for a full breakdown.
Motilal Oswal requires a minimum deposit of $0. Chipper Cash requires $1.
Motilal Oswal is regulated by SEBI, while Chipper Cash holds licences from FCA, BoG.
Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor. Chipper Cash supports Proprietary Mobile.
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.