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

UOB Kay Hian vs Motilal Oswal 2026: Which Broker is Better?

Choosing between UOB Kay Hian and Motilal Oswal depends on your trading style, preferred markets, and budget. UOB Kay Hian is headquartered in Singapore, while Motilal Oswal operates from Mumbai, India. UOB Kay Hian has the longer track record, established in 1973, compared to Motilal Oswal which was founded in 1987. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

UOB Kay Hian

Motilal Oswal

Higher ratedUOB Kay Hian logo

UOB Kay Hian

3.6/ 5
Visit UOB Kay Hian →Full review
VS
UOB Kay HianMotilal Oswal
BrokerRank Score3.6/5 ✓3.4/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:51:5
RegulationMAS, SFC ✓SEBI
PlatformsProprietary Web, Proprietary Mobile, UTRADEProprietary Web, Proprietary Mobile, MO Investor
Quick VerdictBrokerRank recommends
Best for Beginners
UOB Kay HianMotilal Oswal
Best for Low Fees
UOB Kay HianMotilal Oswal
Best for Regulation
UOB Kay HianMotilal Oswal
Best Overall
UOB Kay HianMotilal Oswal
Quick Answer

UOB Kay Hian is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, UOB Kay Hian offers lower spreads (0 pips).

See full side-by-side comparison below

UOB Kay Hian vs Motilal Oswal: Key Differences

Feature

UOB Kay Hian

Winner

Motilal Oswal

Our Rating
3.6 / 5
3.4 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.18/lot
None
Regulated By
MASSFC
Platforms
Proprietary Web, Proprietary Mobile, UTRADE
Proprietary Web, Proprietary Mobile, MO Investor
Markets
Stocks, Etf, Indices, Forex
Stocks, Etf, Crypto, Commodities, Indices
Founded
1973
1987
Headquarters
Singapore
Mumbai, India
Score
2 / 3
1 / 3

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Fees Comparison

Fee

UOB Kay Hian

Motilal Oswal

Lower fees
Spread From
0 pips
0 pips
Commission
$0.18/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

UOB Kay Hian holds licences from MAS, SFC. Motilal Oswal is regulated by SEBI.

Markets & Assets

Both brokers offer access to Stocks, Etf, Indices markets. UOB Kay Hian additionally covers Forex. Motilal Oswal adds Crypto, Commodities.

Trading Platforms

UOB Kay Hian supports Proprietary Web, Proprietary Mobile, UTRADE. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor. Both brokers are available on Proprietary Web, Proprietary Mobile.

Minimum Deposit

UOB Kay Hian requires no minimum deposit, while Motilal Oswal sets no minimum deposit. This makes UOB Kay Hian accessible to traders with any budget.

Overall Ratings

BrokerRank scores UOB Kay Hian at 3.31/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. UOB Kay Hian leads overall with a clear advantage.

BrokerRank Verdict

UOB Kay Hian and Motilal Oswal are closely matched, with UOB Kay Hian scoring 3.31/5 against Motilal Oswal's 3.26/5. UOB Kay Hian holds more tier-1 licences (MAS), offering stronger regulatory protection. For most traders, UOB Kay Hian 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?

UOB Kay Hian

UOB Kay Hian

3.6/5

Top pick

Choose UOB Kay Hian if you want…

  • Higher overall rating (3.6/5)
  • More regulatory licences (2)
  • More established (est. 1973)
Motilal Oswal

Motilal Oswal

3.4/5

Choose Motilal Oswal if you want…

  • No per-trade commission
  • More market types (5)

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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Frequently Asked Questions

1

Is UOB Kay Hian better than Motilal Oswal?

UOB Kay Hian scores higher overall on our independent rating system. UOB Kay Hian 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.

2

Which has lower fees, UOB Kay Hian or Motilal Oswal?

UOB Kay Hian 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 UOB Kay Hian vs Motilal Oswal?

UOB Kay Hian requires a minimum deposit of $0. Motilal Oswal requires $0.

4

Which broker is safer, UOB Kay Hian or Motilal Oswal?

UOB Kay Hian is regulated by MAS, SFC, while Motilal Oswal holds licences from SEBI.

5

What trading platforms do UOB Kay Hian and Motilal Oswal support?

UOB Kay Hian supports Proprietary Web, Proprietary Mobile, UTRADE. Motilal Oswal supports Proprietary Web, Proprietary Mobile, MO Investor.

6

Can I use both UOB Kay Hian 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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