MultiBank Group vs Motilal Oswal 2026: Which Broker is Better?
Choosing between MultiBank Group and Motilal Oswal depends on your trading style, preferred markets, and budget. MultiBank Group is headquartered in Dubai, UAE, while Motilal Oswal operates from Mumbai, India. Motilal Oswal has the longer track record, established in 1987, compared to MultiBank Group which was founded in 2005. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
MultiBank Group
Motilal Oswal
| MultiBank Group | Motilal Oswal | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.4/5 |
| Min. Deposit | $50 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:5 |
| Regulation | ASIC, FCA, CySEC ✓ | SEBI |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile, MO Investor |
MultiBank Group is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, MultiBank Group offers lower spreads (0 pips).
See full side-by-side comparison belowMultiBank Group vs Motilal Oswal: Key Differences
MultiBank Group
Motilal Oswal
Still deciding between MultiBank Group and Motilal Oswal?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
MultiBank Group
Motilal Oswal
Lower feesRegulation & Trust
MultiBank Group holds licences from ASIC, FCA, CySEC. Motilal Oswal is regulated by SEBI.
Markets & Assets
Both brokers offer access to Stocks, Indices, Commodities markets. MultiBank Group additionally covers Forex, Cfd. Motilal Oswal adds Etf, Crypto.
Trading Platforms
MultiBank Group supports MT4, MT5. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor.
Minimum Deposit
MultiBank Group requires a minimum deposit of $50, while Motilal Oswal sets no minimum deposit. This makes Motilal Oswal accessible to traders with any budget.
Overall Ratings
BrokerRank scores MultiBank Group at 3.60/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. MultiBank Group leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
MultiBank Group
3.6/5
Choose MultiBank Group if you want…
- Higher overall rating (3.6/5)
- Higher leverage (up to 1:500)
- More regulatory licences (3)
- More market types (6)
Motilal Oswal
3.4/5
Choose Motilal Oswal if you want…
- No per-trade commission
- No minimum deposit
- More established (est. 1987)
- More platforms (3 supported)
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 MultiBank Group & Motilal Oswal are available in
Frequently Asked Questions
1Is MultiBank Group better than Motilal Oswal?
MultiBank Group scores higher overall on our independent rating system. MultiBank Group holds a 3.6/5 rating vs Motilal Oswal's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, MultiBank Group or Motilal Oswal?
MultiBank Group offers spreads from 0 pips, while Motilal Oswal starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for MultiBank Group vs Motilal Oswal?
MultiBank Group requires a minimum deposit of $50. Motilal Oswal requires $0.
4Which broker is safer, MultiBank Group or Motilal Oswal?
MultiBank Group is regulated by ASIC, FCA, CySEC, while Motilal Oswal holds licences from SEBI.
5What trading platforms do MultiBank Group and Motilal Oswal support?
MultiBank Group supports MT4, MT5. Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor.
6Can I use both MultiBank Group and Motilal Oswal?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
Related Guides
More Comparisons
BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Featured
Deriv
4.0Capital at risk · T&Cs apply
