Side-by-Side Comparison Independent Updated Apr 19, 2026
RHB Securities vs Motilal Oswal 2026: Which Broker is Better?
Choosing between RHB Securities and Motilal Oswal depends on your trading style, preferred markets, and budget. RHB Securities is headquartered in Kuala Lumpur, Malaysia, while Motilal Oswal operates from Mumbai, India. Motilal Oswal has the longer track record, established in 1987, compared to RHB Securities which was founded in 1994. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
RHB Securities
Motilal Oswal
VS
| RHB Securities | Motilal Oswal | |
|---|---|---|
| BrokerRank Score | 3.3/5 ✓ | 3.3/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:2 | 1:5 ✓ |
| Regulation | SC Malaysia, MAS ✓ | SEBI |
| Platforms | RHB TradeSmart, RHB Mobile | Proprietary Web, Proprietary Mobile, MO Investor |
Quick VerdictBrokerRank recommends
Best for Beginners
RHB SecuritiesMotilal Oswal
Best for Low Fees
RHB SecuritiesMotilal Oswal
Best for Regulation
RHB SecuritiesMotilal Oswal
Best Overall
RHB SecuritiesMotilal Oswal
Quick Answer
RHB Securities is the better choice overall, scoring 3.3/5 vs 3.3/5 on BrokerRank's independent rating. On fees, RHB Securities offers lower spreads (0 pips).
See full side-by-side comparison belowRHB Securities vs Motilal Oswal: Key Differences
Feature
RHB Securities
WinnerMotilal Oswal
Our Rating
3.3 / 5
3.3 / 5
Min. Deposit
$0
$0
Spread From
0 pips
0 pips
Commission
$0.1/lot
None
Platforms
RHB TradeSmart, RHB Mobile
Proprietary Web, Proprietary Mobile, MO Investor
Markets
Stocks, Etf, Bonds, Funds
Stocks, Etf, Crypto, Commodities, Indices
Founded
1994
1987
Headquarters
Kuala Lumpur, Malaysia
Mumbai, India
Score
2 / 3
1 / 3
Fees Comparison
Fee
RHB Securities
Motilal Oswal
Lower feesSpread From
0 pips
0 pips
Commission
$0.1/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None
Regulation & Trust
RHB Securities holds licences from MAS, SC Malaysia. Motilal Oswal is regulated by SEBI.
Markets & Assets
Both brokers offer access to Stocks, Etf markets. RHB Securities additionally covers Bonds, Funds. Motilal Oswal adds Crypto, Commodities, Indices.
Trading Platforms
RHB Securities supports RHB TradeSmart, RHB Mobile. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor.
Minimum Deposit
RHB Securities requires no minimum deposit, while Motilal Oswal sets no minimum deposit. This makes RHB Securities accessible to traders with any budget.
Overall Ratings
BrokerRank scores RHB Securities at 3.31/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. RHB Securities leads overall with a clear advantage.
BrokerRank Verdict
RHB Securities and Motilal Oswal are closely matched, with RHB Securities scoring 3.31/5 against Motilal Oswal's 3.26/5. RHB Securities holds more tier-1 licences (MAS), offering stronger regulatory protection. For most traders, RHB Securities is the stronger all-round choice, though Motilal Oswal remains competitive for traders who prefer Motilal Oswal's specific platform or market selection.
Who Should Choose Which?
RHB Securities
3.3/5
Choose RHB Securities if you want…
- Higher overall rating (3.3/5)
- More regulatory licences (2)
Motilal Oswal
3.3/5
Choose Motilal Oswal if you want…
- No per-trade commission
- Higher leverage (up to 1:5)
- More market types (5)
- More established (est. 1987)
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 RHB Securities & Motilal Oswal are available in
Frequently Asked Questions
1Is RHB Securities better than Motilal Oswal?
RHB Securities scores higher overall on our independent rating system. RHB Securities 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.
2Which has lower fees, RHB Securities or Motilal Oswal?
RHB Securities 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 RHB Securities vs Motilal Oswal?
RHB Securities requires a minimum deposit of $0. Motilal Oswal requires $0.
4Which broker is safer, RHB Securities or Motilal Oswal?
RHB Securities is regulated by SC Malaysia, MAS, while Motilal Oswal holds licences from SEBI.
5What trading platforms do RHB Securities and Motilal Oswal support?
RHB Securities supports RHB TradeSmart, RHB Mobile. Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor.
6Can I use both RHB Securities and Motilal Oswal?
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.
Higher Rated
RHB Securities
Capital at risk · T&Cs apply