Questrade vs Motilal Oswal 2026: Which Broker is Better?
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 | Motilal Oswal | |
|---|---|---|
| BrokerRank Score | 3.3/5 | 3.4/5 ✓ |
| Min. Deposit | $1000 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:3 | 1:5 ✓ |
| Regulation | CIRO | SEBI |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MO Investor |
Motilal Oswal is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Questrade offers lower spreads (0 pips).
See full side-by-side comparison belowQuestrade vs Motilal Oswal: Key Differences
Questrade
Motilal Oswal
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Fees Comparison
Questrade
Motilal Oswal
Lower feesRegulation & Trust
Questrade holds licences from SEC. Motilal Oswal is regulated by SEBI.
Markets & Assets
Both brokers offer access to Stocks, Indices, Commodities markets. Questrade additionally covers Forex. Motilal Oswal adds Etf, Crypto.
Trading Platforms
Questrade supports Proprietary Web, Proprietary Mobile. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
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.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
Questrade
3.3/5
Choose Questrade if you want…
Similar strengths to Motilal Oswal — compare below.
Motilal Oswal
3.4/5
Choose Motilal Oswal if you want…
- Higher overall rating (3.4/5)
- No per-trade commission
- No minimum deposit
- Higher leverage (up to 1:5)
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.
Frequently Asked Questions
1Is Questrade better than Motilal Oswal?
Motilal Oswal scores higher overall on our independent rating system. Questrade holds a 3.3/5 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, Questrade or Motilal Oswal?
Questrade 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 Questrade vs Motilal Oswal?
Questrade requires a minimum deposit of $1000. Motilal Oswal requires $0.
4Which broker is safer, Questrade or Motilal Oswal?
Questrade is regulated by CIRO, while Motilal Oswal holds licences from SEBI.
5What trading platforms do Questrade and Motilal Oswal support?
Questrade supports Proprietary Web, Proprietary Mobile. Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor.
6Can I use both Questrade 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
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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