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Side-by-Side Comparison Independent Updated Oct 23, 2026

Motilal Oswal vs OANDA 2026: Which Broker is Better?

Compare Motilal Oswal and OANDA side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Motilal Oswal

OANDA

Higher ratedOANDA logo

OANDA

4.3/ 5
Visit OANDA →Full review
VS
Motilal OswalOANDA
BrokerRank Score3.4/54.3/5 ✓
Min. Deposit$0$0
Spread from0 pips ✓0.6 pips
Max Leverage1:51:50 ✓
RegulationSEBICFTC, FCA, ASIC ✓
PlatformsProprietary Web, Proprietary Mobile, MO InvestorMT4, Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Motilal OswalOANDA
Best for Low Fees
Motilal OswalOANDA
Best for Regulation
OANDAMotilal Oswal
Best Overall
OANDAMotilal Oswal
Quick Answer

OANDA 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 below

Motilal Oswal vs OANDA: Key Differences

Feature

Motilal Oswal

OANDA

Winner
Our Rating
3.4 / 5
4.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.6 pips
Commission
None
None
Regulated By
CFTCFCAASICMASCIROBVI FSCKNF
Platforms
Proprietary Web, Proprietary Mobile, MO Investor
MT4, Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf, Crypto, Commodities, Indices
Forex, Cfd, Indices, Commodities
Founded
1987
1996
Headquarters
Mumbai, India
New York, USA
Score
1 / 3
2 / 3

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Fees Comparison

Fee

Motilal Oswal

Lower fees

OANDA

Spread From
0 pips
0.6 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Motilal Oswal scores 3.39/5 while OANDA scores 4.34/5 in our independent rating.

OANDA edges ahead overall, but Motilal Oswal may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

Motilal Oswal

Motilal Oswal

3.4/5

Choose Motilal Oswal if you want…

  • Tighter spreads (from 0 pips)
  • More market types (5)
  • More established (est. 1987)
OANDA

OANDA

4.3/5

Top pick

Choose OANDA if you want…

  • Higher overall rating (4.3/5)
  • Higher leverage (up to 1:50)
  • More regulatory licences (7)

Also consider

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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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4.0
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4.0
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80% of retail CFD accounts lose money.

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Frequently Asked Questions

1

Is Motilal Oswal better than OANDA?

OANDA scores higher overall on our independent rating system. Motilal Oswal holds a 3.4/5 rating vs OANDA's 4.3/5. 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 OANDA?

Motilal Oswal offers spreads from 0 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Motilal Oswal vs OANDA?

Motilal Oswal requires a minimum deposit of $0. OANDA requires $0.

4

Which broker is safer, Motilal Oswal or OANDA?

Motilal Oswal is regulated by SEBI, while OANDA holds licences from CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF.

5

What trading platforms do Motilal Oswal and OANDA support?

Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor. OANDA supports MT4, Proprietary Web, Proprietary Mobile.

6

Can I use both Motilal Oswal and OANDA?

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

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