Side-by-Side Comparison Independent Updated Apr 19, 2026
Motilal Oswal vs Windsor Brokers 2026: Which Broker is Better?
Choosing between Motilal Oswal and Windsor Brokers depends on your trading style, preferred markets, and budget. Motilal Oswal is headquartered in Mumbai, India, while Windsor Brokers operates from Limassol, Cyprus. Motilal Oswal has the longer track record, established in 1987, compared to Windsor Brokers which was founded in 1988. 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
Windsor Brokers
VS
| Motilal Oswal | Windsor Brokers | |
|---|---|---|
| BrokerRank Score | 3.3/5 ✓ | 3.2/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | SEBI | CySEC, FSA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, MO Investor | MT4, MT5 |
Quick VerdictBrokerRank recommends
Best for Beginners
Motilal OswalWindsor Brokers
Best for Low Fees
Motilal OswalWindsor Brokers
Best for Regulation
Windsor BrokersMotilal Oswal
Quick Answer
Motilal Oswal (3.3/5) and Windsor Brokers (3.2/5) are closely matched. Motilal Oswal has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowMotilal Oswal vs Windsor Brokers: Key Differences
Feature
Motilal Oswal
WinnerWindsor Brokers
Our Rating
3.3 / 5
3.2 / 5
Min. Deposit
$0
$100
Spread From
0 pips
0 pips
Commission
None
$3/lot
Platforms
Proprietary Web, Proprietary Mobile, MO Investor
MT4, MT5
Markets
Stocks, Etf, Crypto, Commodities, Indices
Forex, Cfd, Indices, Commodities, Stocks
Founded
1987
1988
Headquarters
Mumbai, India
Limassol, Cyprus
Score
2 / 3
1 / 3
Fees Comparison
Fee
Motilal Oswal
Lower feesWindsor Brokers
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. Windsor Brokers is regulated by CySEC, FSA.
Markets & Assets
Both brokers offer access to Stocks, Commodities, Indices markets. Motilal Oswal additionally covers Etf, Crypto. Windsor Brokers adds Forex, Cfd.
Trading Platforms
Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor. Windsor Brokers offers MT4, MT5.
Minimum Deposit
Motilal Oswal requires no minimum deposit, while Windsor Brokers 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 Windsor Brokers 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 Windsor Brokers are closely matched, with Motilal Oswal scoring 3.26/5 against Windsor Brokers's 3.21/5. Windsor Brokers 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 Windsor Brokers remains competitive for traders who prioritise regulatory breadth across multiple jurisdictions.
Who Should Choose Which?
Motilal Oswal
3.3/5
Choose Motilal Oswal if you want…
- No per-trade commission
- No minimum deposit
- More established (est. 1987)
- More platforms (3 supported)
Windsor Brokers
3.2/5
Choose Windsor Brokers if you want…
- Higher leverage (up to 1:500)
- 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 & Windsor Brokers are available in
Frequently Asked Questions
1Is Motilal Oswal better than Windsor Brokers?
Motilal Oswal (3.3/5) and Windsor Brokers (3.2/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
2Which has lower fees, Motilal Oswal or Windsor Brokers?
Motilal Oswal offers spreads from 0 pips, while Windsor Brokers starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Motilal Oswal vs Windsor Brokers?
Motilal Oswal requires a minimum deposit of $0. Windsor Brokers requires $100.
4Which broker is safer, Motilal Oswal or Windsor Brokers?
Motilal Oswal is regulated by SEBI, while Windsor Brokers holds licences from CySEC, FSA.
5What trading platforms do Motilal Oswal and Windsor Brokers support?
Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor. Windsor Brokers supports MT4, MT5.
6Can I use both Motilal Oswal and Windsor Brokers?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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