Questrade
Motilal Oswal
VS
Higher Rated
Questrade
Capital at risk · T&Cs apply
Choosing between Questrade and Motilal Oswal depends on your trading style, preferred markets, and budget. Questrade is headquartered in Toronto, Canada, while Motilal Oswal operates from Mumbai, India. Motilal Oswal has the longer track record, established in 1987, compared to Questrade which was founded in 1999. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Questrade
Motilal Oswal
Questrade is the better choice overall, scoring 3.3/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Questrade offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Questrade
3.3 vs 3.3
Lowest Fees
Tied
0 vs 0 pips
Regulation
Tied
1 vs 1 licences
Min. Deposit
Motilal Oswal
$1000 vs $0
Questrade
Motilal Oswal
Questrade
Motilal Oswal
Lower feesQuestrade holds licences from SEC. Motilal Oswal is regulated by SEBI.
Both brokers offer access to Stocks, Indices, Commodities markets. Questrade additionally covers Forex. Motilal Oswal adds Etf, Crypto.
Questrade supports Proprietary Web, Proprietary Mobile. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor. Both brokers are available on Proprietary Web, Proprietary Mobile.
Questrade requires a minimum deposit of $1,000, while Motilal Oswal sets no minimum deposit. This makes Motilal Oswal accessible to traders with any budget.
BrokerRank scores Questrade at 3.33/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Questrade leads overall with a clear advantage.
Questrade scores higher overall on our independent rating system. Questrade holds a 3.3/5 rating vs Motilal Oswal's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Questrade offers spreads from 0 pips, while Motilal Oswal starts at 0 pips. Check the fees section above for a full breakdown.
Questrade requires a minimum deposit of $1000. Motilal Oswal requires $0.
Questrade is regulated by SEC, while Motilal Oswal holds licences from SEBI.
Questrade supports Proprietary Web, Proprietary Mobile. Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.