Motilal Oswal vs Upbit 2026: Which Broker is Better?
Choosing between Motilal Oswal and Upbit depends on your trading style, preferred markets, and budget. Motilal Oswal is headquartered in Mumbai, India, while Upbit operates from Seoul, South Korea. Motilal Oswal has the longer track record, established in 1987, compared to Upbit which was founded in 2017. 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
Upbit
| Motilal Oswal | Upbit | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 4.3/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 ✓ | 1:1 |
| Regulation | SEBI | FSC, MAS ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, MO Investor | Proprietary Web, Proprietary Mobile |
Upbit 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 belowMotilal Oswal vs Upbit: Key Differences
Motilal Oswal
Upbit
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Fees Comparison
Motilal Oswal
Lower feesUpbit
Regulation & Trust
Motilal Oswal holds licences from SEBI. Upbit is regulated by MAS, FSC.
Markets & Assets
Both brokers offer access to Crypto markets. Motilal Oswal additionally covers Stocks, Etf, Commodities, Indices.
Trading Platforms
Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor. Upbit offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Motilal Oswal requires no minimum deposit, while Upbit 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 Upbit at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Motilal Oswal leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Motilal Oswal
3.4/5
Choose Motilal Oswal if you want…
- No per-trade commission
- Higher leverage (up to 1:5)
- More market types (5)
- More established (est. 1987)
Upbit
4.3/5
Choose Upbit if you want…
- Higher overall rating (4.3/5)
- More regulatory licences (2)
Also consider
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.
Both Motilal Oswal & Upbit are available in
Frequently Asked Questions
1Is Motilal Oswal better than Upbit?
Upbit scores higher overall on our independent rating system. Motilal Oswal holds a 3.4/5 rating vs Upbit's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Motilal Oswal or Upbit?
Motilal Oswal offers spreads from 0 pips, while Upbit starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Motilal Oswal vs Upbit?
Motilal Oswal requires a minimum deposit of $0. Upbit requires $0.
4Which broker is safer, Motilal Oswal or Upbit?
Motilal Oswal is regulated by SEBI, while Upbit holds licences from FSC, MAS.
5What trading platforms do Motilal Oswal and Upbit support?
Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor. Upbit supports Proprietary Web, Proprietary Mobile.
6Can I use both Motilal Oswal and Upbit?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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