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

Motilal Oswal vs SBI Securities 2026: Which Broker is Better?

Choosing between Motilal Oswal and SBI Securities depends on your trading style, preferred markets, and budget. Motilal Oswal is headquartered in Mumbai, India, while SBI Securities operates from Tokyo, Japan. SBI Securities has the longer track record, established in 1944, 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.

Motilal Oswal

SBI Securities

Higher ratedMotilal Oswal logo

Motilal Oswal

3.4/ 5
Visit Motilal Oswal →Full review
VS
Motilal OswalSBI Securities
BrokerRank Score3.4/5 ✓3.3/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:5 ✓1:3
RegulationSEBIFSA
PlatformsProprietary Web, Proprietary Mobile, MO InvestorProprietary Web, Proprietary Mobile, HyperSBI 2
Quick VerdictBrokerRank recommends
Best for Beginners
Motilal OswalSBI Securities
Best for Low Fees
Motilal OswalSBI Securities
Best for Regulation
Motilal OswalSBI Securities
Best Overall
Motilal OswalSBI Securities
Quick Answer

Motilal Oswal is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Motilal Oswal offers lower spreads (0 pips).

See full side-by-side comparison below

Motilal Oswal vs SBI Securities: Key Differences

Feature

Motilal Oswal

SBI Securities

Our Rating
3.4 / 5
3.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
None
None
Regulated By
FSA
Platforms
Proprietary Web, Proprietary Mobile, MO Investor
Proprietary Web, Proprietary Mobile, HyperSBI 2
Markets
Stocks, Etf, Crypto, Commodities, Indices
Stocks, Etf, Crypto, Indices
Founded
1987
1944
Headquarters
Mumbai, India
Tokyo, Japan
Score
1 / 2
1 / 2

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Fees Comparison

Fee

Motilal Oswal

SBI Securities

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

Regulation & Trust

Motilal Oswal holds licences from SEBI. SBI Securities is regulated by FSA.

Markets & Assets

Both brokers offer access to Stocks, Etf, Crypto, Indices markets. Motilal Oswal additionally covers Commodities.

Trading Platforms

Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor. SBI Securities offers Proprietary Web, Proprietary Mobile, HyperSBI 2. Both brokers are available on Proprietary Web, Proprietary Mobile.

Minimum Deposit

Motilal Oswal requires no minimum deposit, while SBI Securities sets no minimum deposit. This makes Motilal Oswal accessible to traders with any budget.

Overall Ratings

BrokerRank scores Motilal Oswal at 3.26/5 and SBI Securities 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 SBI Securities are closely matched, with Motilal Oswal scoring 3.26/5 against SBI Securities's 3.21/5. SBI Securities offers comparable regulatory coverage. For most traders, Motilal Oswal is the stronger all-round choice, though SBI Securities remains competitive for traders who prefer SBI Securities'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)
  • Higher leverage (up to 1:5)
  • More market types (5)
SBI Securities

SBI Securities

3.3/5

Choose SBI Securities if you want…

  • More established (est. 1944)

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Frequently Asked Questions

1

Is Motilal Oswal better than SBI Securities?

Motilal Oswal scores higher overall on our independent rating system. Motilal Oswal holds a 3.4/5 rating vs SBI Securities's 3.3/5. 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 SBI Securities?

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

3

What is the minimum deposit for Motilal Oswal vs SBI Securities?

Motilal Oswal requires a minimum deposit of $0. SBI Securities requires $0.

4

Which broker is safer, Motilal Oswal or SBI Securities?

Motilal Oswal is regulated by SEBI, while SBI Securities holds licences from FSA.

5

What trading platforms do Motilal Oswal and SBI Securities support?

Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor. SBI Securities supports Proprietary Web, Proprietary Mobile, HyperSBI 2.

6

Can I use both Motilal Oswal and SBI Securities?

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

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