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Side-by-Side Comparison Independent Updated Oct 2, 2026

Sarwa vs Motilal Oswal 2026: Which Broker is Better?

Choosing between Sarwa and Motilal Oswal depends on your trading style, preferred markets, and budget. Sarwa is headquartered in Dubai, UAE, while Motilal Oswal operates from Mumbai, India. Motilal Oswal has the longer track record, established in 1987, compared to Sarwa which was founded in 2017. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

Sarwa

Motilal Oswal

Higher ratedSarwa logo

Sarwa

3.5/ 5
Visit Sarwa →Full review
VS
SarwaMotilal Oswal
BrokerRank Score3.5/5 ✓3.4/5
Min. Deposit$500$0 ✓
Spread from0 pips0 pips
Max Leverage1:11:5 ✓
RegulationDFSA, SEC ✓SEBI
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile, MO Investor
Quick VerdictBrokerRank recommends
Best for Beginners
Motilal OswalSarwa
Best for Low Fees
SarwaMotilal Oswal
Best for Regulation
SarwaMotilal Oswal
Best Overall
SarwaMotilal Oswal
Quick Answer

Sarwa is the better choice overall, scoring 3.5/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Sarwa offers lower spreads (0 pips).

See full side-by-side comparison below

Sarwa vs Motilal Oswal: Key Differences

Feature

Sarwa

Winner

Motilal Oswal

Our Rating
3.5 / 5
3.4 / 5
Min. Deposit
$500
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
None
None
Regulated By
DFSASEC
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, MO Investor
Markets
Etf, Stocks, Crypto
Stocks, Etf, Crypto, Commodities, Indices
Founded
2017
1987
Headquarters
Dubai, UAE
Mumbai, India
Score
2 / 3
1 / 3

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Fees Comparison

Fee

Sarwa

Motilal Oswal

Spread From
0 pips
0 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

Sarwa holds licences from SEC, DFSA. Motilal Oswal is regulated by SEBI.

Markets & Assets

Both brokers offer access to Etf, Stocks, Crypto markets. Motilal Oswal adds Commodities, Indices.

Trading Platforms

Sarwa 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

Sarwa requires a minimum deposit of $500, while Motilal Oswal sets no minimum deposit. This makes Motilal Oswal accessible to traders with any budget.

Overall Ratings

BrokerRank scores Sarwa at 3.34/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Sarwa leads overall with a clear advantage.

BrokerRank Verdict

Sarwa and Motilal Oswal are closely matched, with Sarwa scoring 3.34/5 against Motilal Oswal's 3.26/5. Sarwa holds more tier-1 licences (SEC), offering stronger regulatory protection. Traders with smaller budgets may find Motilal Oswal's lower minimum deposit of $0 more accessible. For most traders, Sarwa is the stronger all-round choice, though Motilal Oswal remains competitive for beginners starting with a smaller initial capital.

Who Should Choose Which?

Sarwa

Sarwa

3.5/5

Top pick

Choose Sarwa if you want…

  • Higher overall rating (3.5/5)
  • More regulatory licences (2)
Motilal Oswal

Motilal Oswal

3.4/5

Choose Motilal Oswal if you want…

  • No minimum deposit
  • Higher leverage (up to 1:5)
  • More market types (5)
  • More established (est. 1987)

Also consider

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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.

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Both Sarwa & Motilal Oswal are available in

Frequently Asked Questions

1

Is Sarwa better than Motilal Oswal?

Sarwa scores higher overall on our independent rating system. Sarwa holds a 3.5/5 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.

2

Which has lower fees, Sarwa or Motilal Oswal?

Sarwa offers spreads from 0 pips, while Motilal Oswal starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Sarwa vs Motilal Oswal?

Sarwa requires a minimum deposit of $500. Motilal Oswal requires $0.

4

Which broker is safer, Sarwa or Motilal Oswal?

Sarwa is regulated by DFSA, SEC, while Motilal Oswal holds licences from SEBI.

5

What trading platforms do Sarwa and Motilal Oswal support?

Sarwa supports Proprietary Web, Proprietary Mobile. Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor.

6

Can I use both Sarwa 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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