Higher Rated
XTB
Capital at risk · T&Cs apply
Choosing between XTB and Motilal Oswal depends on your trading style, preferred markets, and budget. XTB is headquartered in Warsaw, Poland, while Motilal Oswal operates from Mumbai, India. Motilal Oswal has the longer track record, established in 1987, compared to XTB which was founded in 2002. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
XTB
Motilal Oswal
XTB is the better choice overall, scoring 3.8/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Motilal Oswal offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
XTB
3.8 vs 3.3
Lowest Fees
Motilal Oswal
0.1 vs 0 pips
Regulation
XTB
2 vs 1 licences
Min. Deposit
Tied
$0 vs $0
XTB
WinnerMotilal Oswal
XTB
Motilal Oswal
Lower feesXTB holds licences from FCA, CySEC. Motilal Oswal is regulated by SEBI.
Both brokers offer access to Stocks, Indices, Commodities markets. XTB additionally covers Forex, Cfd. Motilal Oswal adds Etf, Crypto.
On spreads, Motilal Oswal is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at XTB.
XTB supports Proprietary Web, Proprietary Mobile, MT4. Motilal Oswal offers Proprietary Web, Proprietary Mobile, MO Investor. Both brokers are available on Proprietary Web, Proprietary Mobile.
XTB requires no minimum deposit, while Motilal Oswal sets no minimum deposit. This makes XTB accessible to traders with any budget.
BrokerRank scores XTB at 3.81/5 and Motilal Oswal at 3.26/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. XTB leads overall with a clear advantage.
XTB scores higher overall on our independent rating system. XTB holds a 3.8/5 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.
XTB offers spreads from 0.1 pips, while Motilal Oswal starts at 0 pips. Check the fees section above for a full breakdown.
XTB requires a minimum deposit of $0. Motilal Oswal requires $0.
XTB is regulated by FCA, CySEC, while Motilal Oswal holds licences from SEBI.
XTB supports Proprietary Web, Proprietary Mobile, MT4. 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.